Global Composite Pressure Vessels Supply, Demand and Key Producers, 2023-2029

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Published Date: 13 Feb 2023

Category: Machinery & Equipment

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Composite Pressure Vessels market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

A composite pressure vessel is used to store gases at a relatively higher pressure. The vessel is an important part of the industrial infrastructure for safe gas & liquid handling. Composite vessels not only weigh way less than steel and aluminum vessels but also improve performance, key factors driving their use in a variety of applications such as oil refineries, aerospace, defense, research, nuclear reactors, gas storage, and automotive. Characteristics, such as excellent corrosion resistance, high stiffness, high strength, and longer life cycles compared to metal cylinders, further give an impetus to the demand for composite pressure vessels.

This report studies the global Composite Pressure Vessels production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Composite Pressure Vessels, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Composite Pressure Vessels that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Composite Pressure Vessels total production and demand, 2018-2029, (K Units)
Global Composite Pressure Vessels total production value, 2018-2029, (USD Million)
Global Composite Pressure Vessels production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Composite Pressure Vessels consumption by region & country, CAGR, 2018-2029 & (K Units)
U.S. VS China: Composite Pressure Vessels domestic production, consumption, key domestic manufacturers and share
Global Composite Pressure Vessels production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)
Global Composite Pressure Vessels production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)
Global Composite Pressure Vessels production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units)
This reports profiles key players in the global Composite Pressure Vessels market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Catalina Cylinders, Everest Kanto Cylinder, Faber Industrie SPA, Hexagon Composites ASA, Iljin Composites, Luxfer Holdings PLC, NPROXX B.V, Quantum Fuel Systems LLC and Steelhead Composites, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Composite Pressure Vessels market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Composite Pressure Vessels Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Composite Pressure Vessels Market, Segmentation by Type
    Cylindrical
    Spherical
    Others

Global Composite Pressure Vessels Market, Segmentation by Application
    Gas Transport
    Gas Storage
    Others

Companies Profiled:
    Catalina Cylinders
    Everest Kanto Cylinder
    Faber Industrie SPA
    Hexagon Composites ASA
    Iljin Composites
    Luxfer Holdings PLC
    NPROXX B.V
    Quantum Fuel Systems LLC
    Steelhead Composites
    Worthington Industries
    Beijing Tianhai Industry

Key Questions Answered
1. How big is the global Composite Pressure Vessels market?
2. What is the demand of the global Composite Pressure Vessels market?
3. What is the year over year growth of the global Composite Pressure Vessels market?
4. What is the production and production value of the global Composite Pressure Vessels market?
5. Who are the key producers in the global Composite Pressure Vessels market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Composite Pressure Vessels Introduction
    1.2 World Composite Pressure Vessels Supply & Forecast
        1.2.1 World Composite Pressure Vessels Production Value (2018 & 2022 & 2029)
        1.2.2 World Composite Pressure Vessels Production (2018-2029)
        1.2.3 World Composite Pressure Vessels Pricing Trends (2018-2029)
    1.3 World Composite Pressure Vessels Production by Region (Based on Production Site)
        1.3.1 World Composite Pressure Vessels Production Value by Region (2018-2029)
        1.3.2 World Composite Pressure Vessels Production by Region (2018-2029)
        1.3.3 World Composite Pressure Vessels Average Price by Region (2018-2029)
        1.3.4 North America Composite Pressure Vessels Production (2018-2029)
        1.3.5 Europe Composite Pressure Vessels Production (2018-2029)
        1.3.6 China Composite Pressure Vessels Production (2018-2029)
        1.3.7 Japan Composite Pressure Vessels Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Composite Pressure Vessels Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Composite Pressure Vessels Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Composite Pressure Vessels Demand (2018-2029)
    2.2 World Composite Pressure Vessels Consumption by Region
        2.2.1 World Composite Pressure Vessels Consumption by Region (2018-2023)
        2.2.2 World Composite Pressure Vessels Consumption Forecast by Region (2024-2029)
    2.3 United States Composite Pressure Vessels Consumption (2018-2029)
    2.4 China Composite Pressure Vessels Consumption (2018-2029)
    2.5 Europe Composite Pressure Vessels Consumption (2018-2029)
    2.6 Japan Composite Pressure Vessels Consumption (2018-2029)
    2.7 South Korea Composite Pressure Vessels Consumption (2018-2029)
    2.8 ASEAN Composite Pressure Vessels Consumption (2018-2029)
    2.9 India Composite Pressure Vessels Consumption (2018-2029)

3 World Composite Pressure Vessels Manufacturers Competitive Analysis
    3.1 World Composite Pressure Vessels Production Value by Manufacturer (2018-2023)
    3.2 World Composite Pressure Vessels Production by Manufacturer (2018-2023)
    3.3 World Composite Pressure Vessels Average Price by Manufacturer (2018-2023)
    3.4 Composite Pressure Vessels Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Composite Pressure Vessels Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Composite Pressure Vessels in 2022
        3.5.3 Global Concentration Ratios (CR8) for Composite Pressure Vessels in 2022
    3.6 Composite Pressure Vessels Market: Overall Company Footprint Analysis
        3.6.1 Composite Pressure Vessels Market: Region Footprint
        3.6.2 Composite Pressure Vessels Market: Company Product Type Footprint
        3.6.3 Composite Pressure Vessels Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Composite Pressure Vessels Production Value Comparison
        4.1.1 United States VS China: Composite Pressure Vessels Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Composite Pressure Vessels Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Composite Pressure Vessels Production Comparison
        4.2.1 United States VS China: Composite Pressure Vessels Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Composite Pressure Vessels Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Composite Pressure Vessels Consumption Comparison
        4.3.1 United States VS China: Composite Pressure Vessels Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Composite Pressure Vessels Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Composite Pressure Vessels Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Composite Pressure Vessels Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Composite Pressure Vessels Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Composite Pressure Vessels Production (2018-2023)
    4.5 China Based Composite Pressure Vessels Manufacturers and Market Share
        4.5.1 China Based Composite Pressure Vessels Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Composite Pressure Vessels Production Value (2018-2023)
        4.5.3 China Based Manufacturers Composite Pressure Vessels Production (2018-2023)
    4.6 Rest of World Based Composite Pressure Vessels Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Composite Pressure Vessels Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Composite Pressure Vessels Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Composite Pressure Vessels Production (2018-2023)

5 Market Analysis by Type
    5.1 World Composite Pressure Vessels Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Cylindrical
        5.2.2 Spherical
        5.2.3 Others
    5.3 Market Segment by Type
        5.3.1 World Composite Pressure Vessels Production by Type (2018-2029)
        5.3.2 World Composite Pressure Vessels Production Value by Type (2018-2029)
        5.3.3 World Composite Pressure Vessels Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Composite Pressure Vessels Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Gas Transport
        6.2.2 Gas Storage
        6.2.3 Others
    6.3 Market Segment by Application
        6.3.1 World Composite Pressure Vessels Production by Application (2018-2029)
        6.3.2 World Composite Pressure Vessels Production Value by Application (2018-2029)
        6.3.3 World Composite Pressure Vessels Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Catalina Cylinders
        7.1.1 Catalina Cylinders Details
        7.1.2 Catalina Cylinders Major Business
        7.1.3 Catalina Cylinders Composite Pressure Vessels Product and Services
        7.1.4 Catalina Cylinders Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Catalina Cylinders Recent Developments/Updates
        7.1.6 Catalina Cylinders Competitive Strengths & Weaknesses
    7.2 Everest Kanto Cylinder
        7.2.1 Everest Kanto Cylinder Details
        7.2.2 Everest Kanto Cylinder Major Business
        7.2.3 Everest Kanto Cylinder Composite Pressure Vessels Product and Services
        7.2.4 Everest Kanto Cylinder Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 Everest Kanto Cylinder Recent Developments/Updates
        7.2.6 Everest Kanto Cylinder Competitive Strengths & Weaknesses
    7.3 Faber Industrie SPA
        7.3.1 Faber Industrie SPA Details
        7.3.2 Faber Industrie SPA Major Business
        7.3.3 Faber Industrie SPA Composite Pressure Vessels Product and Services
        7.3.4 Faber Industrie SPA Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Faber Industrie SPA Recent Developments/Updates
        7.3.6 Faber Industrie SPA Competitive Strengths & Weaknesses
    7.4 Hexagon Composites ASA
        7.4.1 Hexagon Composites ASA Details
        7.4.2 Hexagon Composites ASA Major Business
        7.4.3 Hexagon Composites ASA Composite Pressure Vessels Product and Services
        7.4.4 Hexagon Composites ASA Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Hexagon Composites ASA Recent Developments/Updates
        7.4.6 Hexagon Composites ASA Competitive Strengths & Weaknesses
    7.5 Iljin Composites
        7.5.1 Iljin Composites Details
        7.5.2 Iljin Composites Major Business
        7.5.3 Iljin Composites Composite Pressure Vessels Product and Services
        7.5.4 Iljin Composites Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Iljin Composites Recent Developments/Updates
        7.5.6 Iljin Composites Competitive Strengths & Weaknesses
    7.6 Luxfer Holdings PLC
        7.6.1 Luxfer Holdings PLC Details
        7.6.2 Luxfer Holdings PLC Major Business
        7.6.3 Luxfer Holdings PLC Composite Pressure Vessels Product and Services
        7.6.4 Luxfer Holdings PLC Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.6.5 Luxfer Holdings PLC Recent Developments/Updates
        7.6.6 Luxfer Holdings PLC Competitive Strengths & Weaknesses
    7.7 NPROXX B.V
        7.7.1 NPROXX B.V Details
        7.7.2 NPROXX B.V Major Business
        7.7.3 NPROXX B.V Composite Pressure Vessels Product and Services
        7.7.4 NPROXX B.V Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.7.5 NPROXX B.V Recent Developments/Updates
        7.7.6 NPROXX B.V Competitive Strengths & Weaknesses
    7.8 Quantum Fuel Systems LLC
        7.8.1 Quantum Fuel Systems LLC Details
        7.8.2 Quantum Fuel Systems LLC Major Business
        7.8.3 Quantum Fuel Systems LLC Composite Pressure Vessels Product and Services
        7.8.4 Quantum Fuel Systems LLC Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.8.5 Quantum Fuel Systems LLC Recent Developments/Updates
        7.8.6 Quantum Fuel Systems LLC Competitive Strengths & Weaknesses
    7.9 Steelhead Composites
        7.9.1 Steelhead Composites Details
        7.9.2 Steelhead Composites Major Business
        7.9.3 Steelhead Composites Composite Pressure Vessels Product and Services
        7.9.4 Steelhead Composites Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.9.5 Steelhead Composites Recent Developments/Updates
        7.9.6 Steelhead Composites Competitive Strengths & Weaknesses
    7.10 Worthington Industries
        7.10.1 Worthington Industries Details
        7.10.2 Worthington Industries Major Business
        7.10.3 Worthington Industries Composite Pressure Vessels Product and Services
        7.10.4 Worthington Industries Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.10.5 Worthington Industries Recent Developments/Updates
        7.10.6 Worthington Industries Competitive Strengths & Weaknesses
    7.11 Beijing Tianhai Industry
        7.11.1 Beijing Tianhai Industry Details
        7.11.2 Beijing Tianhai Industry Major Business
        7.11.3 Beijing Tianhai Industry Composite Pressure Vessels Product and Services
        7.11.4 Beijing Tianhai Industry Composite Pressure Vessels Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.11.5 Beijing Tianhai Industry Recent Developments/Updates
        7.11.6 Beijing Tianhai Industry Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Composite Pressure Vessels Industry Chain
    8.2 Composite Pressure Vessels Upstream Analysis
        8.2.1 Composite Pressure Vessels Core Raw Materials
        8.2.2 Main Manufacturers of Composite Pressure Vessels Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Composite Pressure Vessels Production Mode
    8.6 Composite Pressure Vessels Procurement Model
    8.7 Composite Pressure Vessels Industry Sales Model and Sales Channels
        8.7.1 Composite Pressure Vessels Sales Model
        8.7.2 Composite Pressure Vessels Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Composite Pressure Vessels Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Composite Pressure Vessels Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Composite Pressure Vessels Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Composite Pressure Vessels Production Value Market Share by Region (2018-2023)
    Table 5. World Composite Pressure Vessels Production Value Market Share by Region (2024-2029)
    Table 6. World Composite Pressure Vessels Production by Region (2018-2023) & (K Units)
    Table 7. World Composite Pressure Vessels Production by Region (2024-2029) & (K Units)
    Table 8. World Composite Pressure Vessels Production Market Share by Region (2018-2023)
    Table 9. World Composite Pressure Vessels Production Market Share by Region (2024-2029)
    Table 10. World Composite Pressure Vessels Average Price by Region (2018-2023) & (US$/Unit)
    Table 11. World Composite Pressure Vessels Average Price by Region (2024-2029) & (US$/Unit)
    Table 12. Composite Pressure Vessels Major Market Trends
    Table 13. World Composite Pressure Vessels Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (K Units)
    Table 14. World Composite Pressure Vessels Consumption by Region (2018-2023) & (K Units)
    Table 15. World Composite Pressure Vessels Consumption Forecast by Region (2024-2029) & (K Units)
    Table 16. World Composite Pressure Vessels Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Composite Pressure Vessels Producers in 2022
    Table 18. World Composite Pressure Vessels Production by Manufacturer (2018-2023) & (K Units)
    Table 19. Production Market Share of Key Composite Pressure Vessels Producers in 2022
    Table 20. World Composite Pressure Vessels Average Price by Manufacturer (2018-2023) & (US$/Unit)
    Table 21. Global Composite Pressure Vessels Company Evaluation Quadrant
    Table 22. World Composite Pressure Vessels Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Composite Pressure Vessels Production Site of Key Manufacturer
    Table 24. Composite Pressure Vessels Market: Company Product Type Footprint
    Table 25. Composite Pressure Vessels Market: Company Product Application Footprint
    Table 26. Composite Pressure Vessels Competitive Factors
    Table 27. Composite Pressure Vessels New Entrant and Capacity Expansion Plans
    Table 28. Composite Pressure Vessels Mergers & Acquisitions Activity
    Table 29. United States VS China Composite Pressure Vessels Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Composite Pressure Vessels Production Comparison, (2018 & 2022 & 2029) & (K Units)
    Table 31. United States VS China Composite Pressure Vessels Consumption Comparison, (2018 & 2022 & 2029) & (K Units)
    Table 32. United States Based Composite Pressure Vessels Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Composite Pressure Vessels Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Composite Pressure Vessels Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Composite Pressure Vessels Production (2018-2023) & (K Units)
    Table 36. United States Based Manufacturers Composite Pressure Vessels Production Market Share (2018-2023)
    Table 37. China Based Composite Pressure Vessels Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Composite Pressure Vessels Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Composite Pressure Vessels Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Composite Pressure Vessels Production (2018-2023) & (K Units)
    Table 41. China Based Manufacturers Composite Pressure Vessels Production Market Share (2018-2023)
    Table 42. Rest of World Based Composite Pressure Vessels Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Composite Pressure Vessels Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Composite Pressure Vessels Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Composite Pressure Vessels Production (2018-2023) & (K Units)
    Table 46. Rest of World Based Manufacturers Composite Pressure Vessels Production Market Share (2018-2023)
    Table 47. World Composite Pressure Vessels Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Composite Pressure Vessels Production by Type (2018-2023) & (K Units)
    Table 49. World Composite Pressure Vessels Production by Type (2024-2029) & (K Units)
    Table 50. World Composite Pressure Vessels Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Composite Pressure Vessels Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Composite Pressure Vessels Average Price by Type (2018-2023) & (US$/Unit)
    Table 53. World Composite Pressure Vessels Average Price by Type (2024-2029) & (US$/Unit)
    Table 54. World Composite Pressure Vessels Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Composite Pressure Vessels Production by Application (2018-2023) & (K Units)
    Table 56. World Composite Pressure Vessels Production by Application (2024-2029) & (K Units)
    Table 57. World Composite Pressure Vessels Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Composite Pressure Vessels Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Composite Pressure Vessels Average Price by Application (2018-2023) & (US$/Unit)
    Table 60. World Composite Pressure Vessels Average Price by Application (2024-2029) & (US$/Unit)
    Table 61. Catalina Cylinders Basic Information, Manufacturing Base and Competitors
    Table 62. Catalina Cylinders Major Business
    Table 63. Catalina Cylinders Composite Pressure Vessels Product and Services
    Table 64. Catalina Cylinders Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Catalina Cylinders Recent Developments/Updates
    Table 66. Catalina Cylinders Competitive Strengths & Weaknesses
    Table 67. Everest Kanto Cylinder Basic Information, Manufacturing Base and Competitors
    Table 68. Everest Kanto Cylinder Major Business
    Table 69. Everest Kanto Cylinder Composite Pressure Vessels Product and Services
    Table 70. Everest Kanto Cylinder Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. Everest Kanto Cylinder Recent Developments/Updates
    Table 72. Everest Kanto Cylinder Competitive Strengths & Weaknesses
    Table 73. Faber Industrie SPA Basic Information, Manufacturing Base and Competitors
    Table 74. Faber Industrie SPA Major Business
    Table 75. Faber Industrie SPA Composite Pressure Vessels Product and Services
    Table 76. Faber Industrie SPA Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Faber Industrie SPA Recent Developments/Updates
    Table 78. Faber Industrie SPA Competitive Strengths & Weaknesses
    Table 79. Hexagon Composites ASA Basic Information, Manufacturing Base and Competitors
    Table 80. Hexagon Composites ASA Major Business
    Table 81. Hexagon Composites ASA Composite Pressure Vessels Product and Services
    Table 82. Hexagon Composites ASA Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Hexagon Composites ASA Recent Developments/Updates
    Table 84. Hexagon Composites ASA Competitive Strengths & Weaknesses
    Table 85. Iljin Composites Basic Information, Manufacturing Base and Competitors
    Table 86. Iljin Composites Major Business
    Table 87. Iljin Composites Composite Pressure Vessels Product and Services
    Table 88. Iljin Composites Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 89. Iljin Composites Recent Developments/Updates
    Table 90. Iljin Composites Competitive Strengths & Weaknesses
    Table 91. Luxfer Holdings PLC Basic Information, Manufacturing Base and Competitors
    Table 92. Luxfer Holdings PLC Major Business
    Table 93. Luxfer Holdings PLC Composite Pressure Vessels Product and Services
    Table 94. Luxfer Holdings PLC Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 95. Luxfer Holdings PLC Recent Developments/Updates
    Table 96. Luxfer Holdings PLC Competitive Strengths & Weaknesses
    Table 97. NPROXX B.V Basic Information, Manufacturing Base and Competitors
    Table 98. NPROXX B.V Major Business
    Table 99. NPROXX B.V Composite Pressure Vessels Product and Services
    Table 100. NPROXX B.V Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 101. NPROXX B.V Recent Developments/Updates
    Table 102. NPROXX B.V Competitive Strengths & Weaknesses
    Table 103. Quantum Fuel Systems LLC Basic Information, Manufacturing Base and Competitors
    Table 104. Quantum Fuel Systems LLC Major Business
    Table 105. Quantum Fuel Systems LLC Composite Pressure Vessels Product and Services
    Table 106. Quantum Fuel Systems LLC Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 107. Quantum Fuel Systems LLC Recent Developments/Updates
    Table 108. Quantum Fuel Systems LLC Competitive Strengths & Weaknesses
    Table 109. Steelhead Composites Basic Information, Manufacturing Base and Competitors
    Table 110. Steelhead Composites Major Business
    Table 111. Steelhead Composites Composite Pressure Vessels Product and Services
    Table 112. Steelhead Composites Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 113. Steelhead Composites Recent Developments/Updates
    Table 114. Steelhead Composites Competitive Strengths & Weaknesses
    Table 115. Worthington Industries Basic Information, Manufacturing Base and Competitors
    Table 116. Worthington Industries Major Business
    Table 117. Worthington Industries Composite Pressure Vessels Product and Services
    Table 118. Worthington Industries Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 119. Worthington Industries Recent Developments/Updates
    Table 120. Beijing Tianhai Industry Basic Information, Manufacturing Base and Competitors
    Table 121. Beijing Tianhai Industry Major Business
    Table 122. Beijing Tianhai Industry Composite Pressure Vessels Product and Services
    Table 123. Beijing Tianhai Industry Composite Pressure Vessels Production (K Units), Price (US$/Unit), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 124. Global Key Players of Composite Pressure Vessels Upstream (Raw Materials)
    Table 125. Composite Pressure Vessels Typical Customers
    Table 126. Composite Pressure Vessels Typical Distributors
List of Figure
    Figure 1. Composite Pressure Vessels Picture
    Figure 2. World Composite Pressure Vessels Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Composite Pressure Vessels Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Composite Pressure Vessels Production (2018-2029) & (K Units)
    Figure 5. World Composite Pressure Vessels Average Price (2018-2029) & (US$/Unit)
    Figure 6. World Composite Pressure Vessels Production Value Market Share by Region (2018-2029)
    Figure 7. World Composite Pressure Vessels Production Market Share by Region (2018-2029)
    Figure 8. North America Composite Pressure Vessels Production (2018-2029) & (K Units)
    Figure 9. Europe Composite Pressure Vessels Production (2018-2029) & (K Units)
    Figure 10. China Composite Pressure Vessels Production (2018-2029) & (K Units)
    Figure 11. Japan Composite Pressure Vessels Production (2018-2029) & (K Units)
    Figure 12. Composite Pressure Vessels Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 15. World Composite Pressure Vessels Consumption Market Share by Region (2018-2029)
    Figure 16. United States Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 17. China Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 18. Europe Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 19. Japan Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 20. South Korea Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 21. ASEAN Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 22. India Composite Pressure Vessels Consumption (2018-2029) & (K Units)
    Figure 23. Producer Shipments of Composite Pressure Vessels by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Composite Pressure Vessels Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Composite Pressure Vessels Markets in 2022
    Figure 26. United States VS China: Composite Pressure Vessels Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Composite Pressure Vessels Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Composite Pressure Vessels Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Composite Pressure Vessels Production Market Share 2022
    Figure 30. China Based Manufacturers Composite Pressure Vessels Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Composite Pressure Vessels Production Market Share 2022
    Figure 32. World Composite Pressure Vessels Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Composite Pressure Vessels Production Value Market Share by Type in 2022
    Figure 34. Cylindrical
    Figure 35. Spherical
    Figure 36. Others
    Figure 37. World Composite Pressure Vessels Production Market Share by Type (2018-2029)
    Figure 38. World Composite Pressure Vessels Production Value Market Share by Type (2018-2029)
    Figure 39. World Composite Pressure Vessels Average Price by Type (2018-2029) & (US$/Unit)
    Figure 40. World Composite Pressure Vessels Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 41. World Composite Pressure Vessels Production Value Market Share by Application in 2022
    Figure 42. Gas Transport
    Figure 43. Gas Storage
    Figure 44. Others
    Figure 45. World Composite Pressure Vessels Production Market Share by Application (2018-2029)
    Figure 46. World Composite Pressure Vessels Production Value Market Share by Application (2018-2029)
    Figure 47. World Composite Pressure Vessels Average Price by Application (2018-2029) & (US$/Unit)
    Figure 48. Composite Pressure Vessels Industry Chain
    Figure 49. Composite Pressure Vessels Procurement Model
    Figure 50. Composite Pressure Vessels Sales Model
    Figure 51. Composite Pressure Vessels Sales Channels, Direct Sales, and Distribution
    Figure 52. Methodology
    Figure 53. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Catalina Cylinders
Everest Kanto Cylinder
Faber Industrie SPA
Hexagon Composites ASA
Iljin Composites
Luxfer Holdings PLC
NPROXX B.V
Quantum Fuel Systems LLC
Steelhead Composites
Worthington Industries
Beijing Tianhai Industry

Related Reports

Global Composite Pressure Vessels Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Composite Pressure Vessels Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

date 02 Jan 2023

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A composite pressure vessel is used to store gases at a relatively higher pressure. The vessel is an important part of the industrial infrastructure for safe gas & liquid handling. Composite vessels not only weigh way less than steel and aluminum vessels but also improve performance, key factors driving their use in a variety of applications such as oil refineries, aerospace, defense, research, nuclear reactors, gas storage, and automotive. Characteristics, such as excellent corrosion resistance, high stiffness, high strength, and longer life cycles compared to metal cylinders, further give an impetus to the demand for composite pressure vessels.

Global Composite Pressure Vessels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Composite Pressure Vessels Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

date 20 Jan 2024

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According to our (Global Info Research) latest study, the global Composite Pressure Vessels market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

Product Tags

Composite Pressure Vessels

Atmosphere Heat Treatment Furnace

Electrical Wiring Equipment

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