Pressure vessel composite materials are used in manufacturing pressure vessels that are used to store gases and liquids under high pressure.
Pressure vessel composite materials are mainly used for LPG, reverse osmosis systems and hydrogen storage. A growing and likely huge, sustainable market for pressure vessels is the growing construction of seawater reverse osmosis (SWRO) desalination plants. SWRO depends on membrane systems that serially cleanse water piped onshore from the ocean. These membranes must be encased in membrane housings. Filament-wound fiberglass pressure vessels are used almost exclusively for this purpose today, in quantities of as many as 6,000 per desalination plant.
Linerless, all-composite pressure vessels, which fit the more recent and radical Type V classification and are best able to reduce mass in weight-sensitive applications, are the goal for a number of pressure vessel manufacturers. In the future, hydrogen energy will increasingly occupy more market share, and Type V pressure vessel will maintain rapid growth.
Market Analysis and Insights: Global Pressure Vessel Composite Materials Market
The global Pressure Vessel Composite Materials market is valued at US$ 1472 million in 2019. The market size will reach US$ 1964.5 million by the end of 2026, growing at a CAGR of 5.2% during 2021-2026.
Global Pressure Vessel Composite Materials Scope and Segment
Pressure Vessel Composite Materials market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Pressure Vessel Composite Materials market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Glass Fiber Reinforced Composite
Carbon Fiber Reinforced Composite
Glass fiber‐reinforced composite materials are attractive because their properties can be tailored to meet the specific needs of a variety of applications.Carbon Fiber Reinforced Polymer Composites (CFRP) are lightweight,
Segment by Application
Composite LPG Cylinders
Pressure vessel composite materials are mainly used for LPG, reverse osmosis systems and hydrogen storage. A growing and likely huge, sustainable market for pressure vessels is the growing construction of seawater reverse osmosis (SWRO) desalination plants.
Production by Region
Consumption by Region
Middle East & Africa