Global Pressure Vessel Composite Materials Market Insights and Forecast to 2031

Report ID: 854984 | Published Date: Oct 2024 | No. of Page: 114 | Base Year: 2023 | Rating: 4.7 | Webstory: Check our Web story

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
Water Treatment
Composite LPG Cylinders
Gas Storage
Others
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.

By Company
Hexagon Composites
Pentair
Protec Arisawa
Wave Cyber
ROPV
Jiangsu Pengyu
BEL Group
Aburi Composites
Applied Membranes
Steelhead Composites
NPROXX
Doosan

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions
Pressure Vessel Composite Materials report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Pressure Vessel Composite Materials report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Pressure Vessel Composite Materials report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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