The pressure vessel composite materials market size is expected to grow from US$ 1,062.63 million in 2022 to US$ 3,224.09 million by 2028; it is estimated to grow at a CAGR of 20.3% from 2022 to 2028.
A pressure vessel is a container designed to hold fluids (gases or liquid) at a pressure considerably different from ambient pressure. Pressure vessels used in natural gas-fueled vehicles, hydrogen vehicles, gas transportation vehicles are usually made using composite materials as they help in storing more fuel, which extend the vehicle’s driving range and provide optimum fuel economy. Pressure vessel composite materials are also witnessing high demand in space technology sector. The composite overwrapped pressure vessel (COPV) is pressure-containment used in spaceflight owing to its low weight and high strength. Infinite Composites, a composite pressure vessel provider, said substituting heavy metallic structures with composites would allow space exploration to develop by creating reusable rockets, increasing fuel requirements, and lowering the cost of sending goods into orbit. The company has collaborated with NASA and Yeti Space and is currently designing and researching propellant tanks using the CPV technology for the classified space business. According to the Office of Health and Mission Assurance, NASA uses a wide variety of Pressure Vessel Systems (PVS) for in-flight applications, including both composite, overwrapped pressure vessels (COPVs) and metallic, piping, and valves typically to store liquids and gases that are necessary for either the launch phase or operations on orbit. Their reliability is essential as once such vessels leave the pad, they regularly cannot be serviced or checked until they return to earth. Typically, they follow a stringent certification and acceptance testing plan to ensure the project requirements are met. Hence, the increasing use of pressure vessel composite materials for space technology creates huge opportunities for market growth during the forecast period.
Based on end user, the global pressure vessel composite materials market is segmented into resin, fiber, and others. The resin segment held the largest share of the global pressure vessel composite materials market in 2021. Resin or epoxy resin is widely used to produce pressure vessels. As for the class of vessels, plastic-lined composite tanks are anticipated to see the most accelerated growth across the next five years and so is the market for epoxy resins in this category of vessel. Plastic-lined composite tanks use numerous carbon epoxy composites and also provide maximum weight savings compared to other types of pressure vessels. These properties of resins are driving their demand in the market.
In 2021, Asia Pacific held the largest revenue share of the global pressure vessel composite materials market. China is one of the largest markets for pressure vessel composite materials in Asia Pacific. The economic growth in China raised disposable income among individuals. This has led to a rise in demand for automobiles in China. There is surge in the number of automobile manufacturers, including Toyota, BMW, Ford, and Nissan, in the country. The composite materials used to make pressure vessels in natural gas vehicles reduce the weight of the fuel system and the vehicle. They also extend the practical limit for the gas containment pressures and offer better energy storage density. This, in turn, enhances the market demand for pressure vessel composite materials. According to the Industrial Trade Administration, China is the largest vehicle market on a global level. The Government of China expects to expand car production to 35 million units by 2025. This will raise the demand for pressure vessels, incrementing the pressure vessel composite materials market growth in Asia Pacific.
A few players operating in the global pressure vessel composite materials market include 3M Co, BASF SE, Huntsman Corporation, Kolon Industries Inc, Mitsubishi Chemical Holdings Corp, Solvay SA, ZOLTEK Corp, Steelhead Composites Inc, Hexion Inc, and Olin Corp. Market players are focusing on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities, and mergers & acquisitions.
The overall global pressure vessel composite materials market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical Insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the pressure vessel composite materials market.
A pressure vessel is a container designed to hold fluids (gases or liquid) at a pressure considerably different from ambient pressure. Pressure vessels used in natural gas-fueled vehicles, hydrogen vehicles, gas transportation vehicles are usually made using composite materials as they help in storing more fuel, which extend the vehicle’s driving range and provide optimum fuel economy. Pressure vessel composite materials are also witnessing high demand in space technology sector. The composite overwrapped pressure vessel (COPV) is pressure-containment used in spaceflight owing to its low weight and high strength. Infinite Composites, a composite pressure vessel provider, said substituting heavy metallic structures with composites would allow space exploration to develop by creating reusable rockets, increasing fuel requirements, and lowering the cost of sending goods into orbit. The company has collaborated with NASA and Yeti Space and is currently designing and researching propellant tanks using the CPV technology for the classified space business. According to the Office of Health and Mission Assurance, NASA uses a wide variety of Pressure Vessel Systems (PVS) for in-flight applications, including both composite, overwrapped pressure vessels (COPVs) and metallic, piping, and valves typically to store liquids and gases that are necessary for either the launch phase or operations on orbit. Their reliability is essential as once such vessels leave the pad, they regularly cannot be serviced or checked until they return to earth. Typically, they follow a stringent certification and acceptance testing plan to ensure the project requirements are met. Hence, the increasing use of pressure vessel composite materials for space technology creates huge opportunities for market growth during the forecast period.
Based on end user, the global pressure vessel composite materials market is segmented into resin, fiber, and others. The resin segment held the largest share of the global pressure vessel composite materials market in 2021. Resin or epoxy resin is widely used to produce pressure vessels. As for the class of vessels, plastic-lined composite tanks are anticipated to see the most accelerated growth across the next five years and so is the market for epoxy resins in this category of vessel. Plastic-lined composite tanks use numerous carbon epoxy composites and also provide maximum weight savings compared to other types of pressure vessels. These properties of resins are driving their demand in the market.
In 2021, Asia Pacific held the largest revenue share of the global pressure vessel composite materials market. China is one of the largest markets for pressure vessel composite materials in Asia Pacific. The economic growth in China raised disposable income among individuals. This has led to a rise in demand for automobiles in China. There is surge in the number of automobile manufacturers, including Toyota, BMW, Ford, and Nissan, in the country. The composite materials used to make pressure vessels in natural gas vehicles reduce the weight of the fuel system and the vehicle. They also extend the practical limit for the gas containment pressures and offer better energy storage density. This, in turn, enhances the market demand for pressure vessel composite materials. According to the Industrial Trade Administration, China is the largest vehicle market on a global level. The Government of China expects to expand car production to 35 million units by 2025. This will raise the demand for pressure vessels, incrementing the pressure vessel composite materials market growth in Asia Pacific.
A few players operating in the global pressure vessel composite materials market include 3M Co, BASF SE, Huntsman Corporation, Kolon Industries Inc, Mitsubishi Chemical Holdings Corp, Solvay SA, ZOLTEK Corp, Steelhead Composites Inc, Hexion Inc, and Olin Corp. Market players are focusing on providing high-quality products to fulfill customer demand. They are also focusing on strategies such as investments in research and development activities, and mergers & acquisitions.
The overall global pressure vessel composite materials market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical Insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers - along with external consultants such as valuation experts, research analysts, and key opinion leaders - specializing in the pressure vessel composite materials market.
Table of Contents
1. Introduction1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Pressure Vessel Composite Materials Market, by Material
1.3.2 Pressure Vessel Composite Materials Market, by End User
1.3.3 Pressure Vessel Composite Materials Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Pressure Vessel Composite Materials Market Landscape
4.1 Market Overview
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 South & Central America PEST Analysis
4.2.5 Middle East & Africa PEST Analysis
4.3 Expert Opinion
5. Pressure Vessel Composite Materials Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Natural Gas-Fueled Vehicles
5.1.2 Increasing Demand for Pressure Vessels from Various End-Use Industries
5.2 Restraint
5.2.1 Storage Capacity of Composite Pressure Vessels
5.3 Opportunity
5.3.1 Increasing use of Pressure Vessel Composite Materials for Space Technology
5.4 Future Trend
5.4.1 Rising Demand for Epoxy Resins
5.4.2 Surging Adoption of Carbon Fiber-Reinforced Plastic (CFRP) Pressure Vessels
5.5 Impact Analysis of Drivers and Restraints
6. Pressure Vessel Composite Materials- Global Market Analysis
6.1 Pressure Vessel Composite Materials Market Overview
6.2 Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning - Key Market Players
7. Pressure Vessel Composite Materials Market Analysis - By Material
7.1 Overview
7.2 Pressure Vessel Composite Materials Market, By Material (2021 and 2028)
7.3 Resin
7.3.1 Overview
7.3.2 Resin: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Fiber
7.4.1 Overview
7.4.2 Fiber: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
8. Pressure Vessel Composite Materials Market Analysis - By End User
8.1 Overview
8.2 Pressure Vessel Composite Materials Market, By End User (2021 and 2028)
8.3 CNG Vehicles
8.3.1 Overview
8.3.2 CNG Vehicles: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Hydrogen Vehicles
8.4.1 Overview
8.4.2 Hydrogen Vehicles: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Gas Transport
8.5.1 Overview
8.5.2 Gas Transport: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9. Pressure Vessel Composite Materials Market- Geographic Analysis
9.1 Overview
9.2 North America: Pressure Vessel Composite Materials Market
9.2.1 North America: Pressure Vessel Composite Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.2.2 North America: Pressure Vessel Composite Materials Market, By Material
9.2.3 North America: Pressure Vessel Composite Materials Market, By End User
9.2.4 North America: Pressure Vessel Composite Materials Market, by Key Country
9.2.4.1 US: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Pressure Vessel Composite Materials Market, By Material
9.2.4.1.2 US: Pressure Vessel Composite Materials Market, By End User
9.2.4.2 Canada: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Pressure Vessel Composite Materials Market, By Material
9.2.4.2.2 Canada: Pressure Vessel Composite Materials Market, By End User
9.2.4.3 Mexico: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Pressure Vessel Composite Materials Market, By Material
9.2.4.3.2 Mexico: Pressure Vessel Composite Materials Market, By End User
9.3 Europe: Pressure Vessel Composite Materials Market
9.3.1 Europe: Pressure Vessel Composite Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.3.2 Europe: Pressure Vessel Composite Materials Market, By Material
9.3.3 Europe: Pressure Vessel Composite Materials Market, By End User
9.3.4 Europe: Pressure Vessel Composite Materials Market, by Key Country
9.3.4.1 Germany: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.3.4.1.1 Germany: Pressure Vessel Composite Materials Market, By Material
9.3.4.1.2 Germany: Pressure Vessel Composite Materials Market, By End User
9.3.4.2 France: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.3.4.2.1 France: Pressure Vessel Composite Materials Market, By Material
9.3.4.2.2 France: Pressure Vessel Composite Materials Market, By End User
9.3.4.3 UK: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.3.4.3.1 UK: Pressure Vessel Composite Materials Market, By Material
9.3.4.3.2 UK: Pressure Vessel Composite Materials Market, By End User
9.3.4.4 Italy: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.3.4.4.1 Italy: Pressure Vessel Composite Materials Market, By Material
9.3.4.4.2 Italy: Pressure Vessel Composite Materials Market, By End User
9.3.4.5 Russia: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Pressure Vessel Composite Materials Market, By Material
9.3.4.5.2 Russia: Pressure Vessel Composite Materials Market, By End User
9.3.4.6 Rest of Europe: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Pressure Vessel Composite Materials Market, By Material
9.3.4.6.2 Rest of Europe: Pressure Vessel Composite Materials Market, By End User
9.4 Asia Pacific: Pressure Vessel Composite Materials Market
9.4.1 Asia Pacific: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Pressure Vessel Composite Materials Market, By Material
9.4.3 Asia Pacific: Pressure Vessel Composite Materials Market, by End User
9.4.4 Asia Pacific: Pressure Vessel Composite Materials Market, by Key Country
9.4.4.1 Australia: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.1.1 Australia: Pressure Vessel Composite Materials Market, By Material
9.4.4.1.2 Australia: Pressure Vessel Composite Materials Market, by End User
9.4.4.2 China: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.2.1 China: Pressure Vessel Composite Materials Market, By Material
9.4.4.2.2 China: Pressure Vessel Composite Materials Market, by End User
9.4.4.3 India: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.3.1 India: Pressure Vessel Composite Materials Market, by Material
9.4.4.3.2 India: Pressure Vessel Composite Materials Market, by End User
9.4.4.4 Japan: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.4.1 Japan: Pressure Vessel Composite Materials Market, By Material
9.4.4.4.2 Japan: Pressure Vessel Composite Materials Market, by End User
9.4.4.5 South Korea: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.5.1 South Korea: Pressure Vessel Composite Materials Market, By Material
9.4.4.5.2 South Korea: Pressure Vessel Composite Materials Market, by End User
9.4.4.6 Rest of Asia Pacific: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of Asia Pacific: Pressure Vessel Composite Materials Market, By Material
9.4.4.6.2 Rest of Asia Pacific: Pressure Vessel Composite Materials Market, by End User
9.5 South and Central America: Pressure Vessel Composite Materials Market
9.5.1 South and Central America: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.5.2 South and Central America: Pressure Vessel Composite Materials Market, By Material
9.5.3 South and Central America: Pressure Vessel Composite Materials Market, by End User
9.5.4 South and Central America: Pressure Vessel Composite Materials Market, by Key Country
9.5.4.1 Brazil: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
9.5.4.1.1 Brazil: Pressure Vessel Composite Materials Market, By Material
9.5.4.1.2 Brazil: Pressure Vessel Composite Materials Market, by End User
9.5.4.2 Argentina: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
9.5.4.2.1 Argentina: Pressure Vessel Composite Materials Market, By Material
9.5.4.2.2 Argentina: Pressure Vessel Composite Materials Market, by End User
9.5.4.3 Rest of South and Central America: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
9.5.4.3.1 Rest of South and Central America: Pressure Vessel Composite Materials Market, By Material
9.5.4.3.2 Rest of South and Central America: Pressure Vessel Composite Materials Market, by End User
9.6 Middle East and Africa: Pressure Vessel Composite Materials Market
9.6.1 Middle East and Africa: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.6.2 Middle East and Africa: Pressure Vessel Composite Materials Market, By Material
9.6.3 Middle East and Africa: Pressure Vessel Composite Materials Market, by End User
9.6.4 Middle East and Africa: Pressure Vessel Composite Materials Market, by Key Country
9.6.4.1 South Africa: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.6.4.1.1 South Africa: Pressure Vessel Composite Materials Market, By Material
9.6.4.1.2 South Africa: Pressure Vessel Composite Materials Market, by End User
9.6.4.2 UAE: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.6.4.2.1 UAE: Pressure Vessel Composite Materials Market, By Material
9.6.4.2.2 UAE: Pressure Vessel Composite Materials Market, by End User
9.6.4.3 Saudi Arabia: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.6.4.3.1 Saudi Arabia: Pressure Vessel Composite Materials Market, By Material
9.6.4.3.2 Saudi Arabia: Pressure Vessel Composite Materials Market, by End User
9.6.4.4 Rest of Middle East and Africa: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.6.4.4.1 Rest of Middle East and Africa: Pressure Vessel Composite Materials Market, by Material
9.6.4.4.2 Rest of Middle East and Africa: Pressure Vessel Composite Materials Market, by End User
10. Impact of COVID-19 Pandemic on Global Pressure Vessel Composite Material Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 3M Co
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 BASF SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Huntsman Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products & Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Kolon Industries Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Mitsubishi Chemical Holdings Corp
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products & Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Solvay SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 ZOLTEK Corp
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Steelhead Composites Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Hexion Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Olin Corp
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Pressure Vessel Composite Materials Market, by Material- Revenue and Forecast to 2028 (US$ Million)
Table 3. Global Pressure Vessel Composite Materials Market, by End User- Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Pressure Vessel Composite Materials Market, By End User- Revenue and Forecast to 2028 (US$ Million)
Table 6. US Pressure Vessel Composite Materials Market, by Material - Revenue and Forecast to 2028 (US$ Million)
Table 7. US Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 12. Europe: Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 13. Europe: Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 14. Germany Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 15. Germany Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 16. France Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 17. France Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 18. UK Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 19. UK Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 21. Italy Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Europe Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe Pressure Vessel Composite Materials Market, By End User - Revenue and Forecast to 2028 (US$ Million)
Table 26. Asia Pacific Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 27. Asia Pacific Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 28. Australia Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 29. Australia Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 30. China Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 31. China Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 32. India Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 33. India Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 34. Japan Pressure Vessel Composite Materials Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 35. Japan Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 36. South Korea Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 37. South Korea Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 38. Rest of Asia Pacific Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 39. Rest of Asia Pacific Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 40. South and Central America Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 41. South and Central America Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 42. Brazil Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 43. Brazil Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 44. Argentina Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 45. Argentina Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of South and Central America Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of South and Central America Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 48. Middle East and Africa Pressure Vessel Composite Materials Market, By Material- Revenue and Forecast to 2028 (US$ Million)
Table 49. Middle East and Africa Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 50. South Africa Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 51. South Africa Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 52. UAE Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 53. UAE Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 54. Saudi Arabia Pressure Vessel Composite Materials Market, By Material - Revenue and Forecast to 2028 (US$ Million)
Table 55. Saudi Arabia Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 56. Rest of Middle East and Africa Pressure Vessel Composite Materials Market, by Material - Revenue and Forecast to 2028 (US$ Million)
Table 57. Rest of Middle East and Africa Pressure Vessel Composite Materials Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 58. Glossary of Terms, Global Pressure Vessel Composite Materials Market
List of Figures
Figure 1. Pressure Vessel Composite Materials Market Segmentation
Figure 2. Pressure Vessel Composite Materials Market Segmentation - By Geography
Figure 3. Global Pressure Vessel Composite Materials Market Overview
Figure 4. Global Pressure Vessel Composite Materials Market, By Product Type
Figure 5. Global Pressure Vessel Composite Materials Market, by Geography
Figure 6. Global Pressure Vessel Composite Materials Market, Industry Landscape
Figure 7. North America PEST Analysis
Figure 8. Europe PEST Analysis
Figure 9. Asia Pacific PEST Analysis
Figure 10. South & Central America PEST Analysis
Figure 11. Middle East & Africa PEST Analysis
Figure 12. Expert Opinion
Figure 13. Impact Analysis of Driver and Restraints on Pressure Vessel Composite Materials Market
Figure 14. Geographic Overview of Pressure Vessel Composite Materials Market
Figure 15. Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Pressure Vessel Composite Materials Market: Key Players
Figure 17. Pressure Vessel Composite Materials Market Revenue Share, By Material (2021 and 2028)
Figure 18. Resin: Pressure Vessel Composite Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 19. Fiber: Pressure Vessel Composite Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 20. Others: Pressure Vessel Composite Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 21. Pressure Vessel Composite Materials Market Revenue Share, By End User (2021 and 2028)
Figure 22. CNG Vehicles: Pressure Vessel Composite Materials Market- Revenue and Forecast To 2028 (US$ Million)
Figure 23. Hydrogen Vehicles: Pressure Vessel Composite Materials Market- Revenue and Forecast To 2028 (US$ Million)
Figure 24. Gas Transport: Pressure Vessel Composite Materials Market- Revenue and Forecast To 2028 (US$ Million)
Figure 25. Others: Pressure Vessel Composite Materials Market- Revenue and Forecast To 2028 (US$ Million)
Figure 26. Global Pressure Vessel Composite Materials Market Revenue Share, By Region (2021 and 2028)
Figure 27. North America: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Pressure Vessel Composite Materials Market Revenue Share, By Material (2021 and 2028)
Figure 29. North America: Pressure Vessel Composite Materials Market Revenue Share, By End User (2021 and 2028)
Figure 30. North America: Pressure Vessel Composite Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 31. US: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 32. Canada: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 33. Mexico: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 34. Europe: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 35. Europe: Pressure Vessel Composite Materials Market Revenue Share, By Material (2021 and 2028)
Figure 36. Europe: Pressure Vessel Composite Materials Market Revenue Share, By End User (2021 and 2028)
Figure 37. Europe: Pressure Vessel Composite Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 38. Germany: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 39. France: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 40. UK: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 41. Italy: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 42. Russia: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of Europe: Pressure Vessel Composite Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 44. Asia Pacific: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 45. Asia Pacific: Pressure Vessel Composite Materials Market Revenue Share, By Material (2021 and 2028)
Figure 46. Asia Pacific: Pressure Vessel Composite Materials Market Revenue Share, by End User (2021 and 2028)
Figure 47. Asia Pacific: Pressure Vessel Composite Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 48. Australia: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 49. China: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 50. India: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 51. Japan: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 52. South Korea: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 53. Rest of Asia Pacific: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 54. South and Central America: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 55. South and Central America: Pressure Vessel Composite Materials Market Revenue Share, By Material (2021 and 2028)
Figure 56. South and Central America: Pressure Vessel Composite Materials Market Revenue Share, by End User (2021 and 2028)
Figure 57. South and Central America: Pressure Vessel Composite Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 58. Brazil: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 59. Argentina: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 60. Rest of South and Central America: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 61. Middle East and Africa: Pressure Vessel Composite Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 62. Middle East and Africa: Pressure Vessel Composite Materials Market Revenue Share, By Material (2021 and 2028)
Figure 63. Middle East and Africa: Pressure Vessel Composite Materials Market Revenue Share, by End User (2021 and 2028)
Figure 64. Middle East and Africa: Pressure Vessel Composite Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 65. South Africa: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 66. UAE: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 67. Saudi Arabia: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of Middle East and Africa: Pressure Vessel Composite Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 69. Impact of COVID-19 Pandemic in North American Country Markets
Figure 70. Impact of COVID-19 Pandemic on Europe
Figure 71. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 72. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 73. Impact of COVID-19 Pandemic in South America Country Markets
Companies Mentioned
- 3M Co
- BASF SE
- Huntsman Corporation
- Kolon Industries Inc
- Mitsubishi Chemical Holdings Corp
- Solvay SA
- ZOLTEK Corp
- Steelhead Composites Inc
- Hexion Inc
- Olin Corp
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 152 |
| Published | December 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value in 2022 | 1062.63 million |
| Forecasted Market Value by 2028 | 3224.09 million |
| Compound Annual Growth Rate | 20.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
