February 10, 2023/Industry News Global/ -- This new report from Stratview Research analyses the Pressure Vessels Market over the trend period from 2014 to 2019 and the forecast period from 2020 to 2026. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.
Pressure Vessels Market Overview:
The Global Pressure Vessels Market is likely to rebound at an encouraging CAGR of 12.9% in the long run to reach US$ 8.8 Billion in 2026.
Drivers
Globally increase in energy demand, strong demand in the field of renewable energy, customizability of pressure vessels, the increasing attention paid by governments all over the world to the renewable energy sector has also benefitted the pressure vessels market massively and the rising demand from the chemicals industry is also a major driver for the global pressure vessels market.
Key Players
- Hexagon Composites
- Worthington Industries, Inc.
- Beijing Tianhai Industry Co., Ltd.
- Luxfer Holdings PLC
- Cylinders Holding a.s.
- Everest Kanto Cylinder Ltd.
- Faber Industrie SPA
- Norris Cylinder (A TriMas Company)
- Catalina Cylinders
- Iljin Composites
- Sinoma Science & Technology Co., Ltd.
- Shenyang Gas Cylinder Safety Technology Co., Ltd
- Grupo Mat
Get access to a deeper coverage of the impact of COVID-19 on this Market here: https://www.stratviewresearch.com/Request-Sample/438/Pressure-Vessel-Market.html#form
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