Global Top 5 Companies Accounted for 32% of total Pressure Vessel Composite Materials market (QYResearch, 2021)

Pressure vessel composite materials are used in manufacturing pressure vessels that are used to store gases and liquids under high pressure. The strength of the vessel is the critical parameter to prevent explosions as a result of the rupture. A composite material is a combination of materials differing in composition or form on a macro scale. These materials do not dissolve or otherwise merge completely into each other. Composite materials help to improve the performance and also offers a significant amount of material savings.

According to the new market research report “Global Pressure Vessel Composite Materials Market Report 2023-2029”, published by QYResearch, the global Pressure Vessel Composite Materials market size is projected to reach USD 2.41 billion by 2029, at a CAGR of 6.3% during the forecast period.

 

Figure.   Global Pressure Vessel Composite Materials Market Size (US$ Million), 2018-2029

Based on or includes research from  QYResearch: Global Pressure Vessel Composite Materials Market Report 2023-2029.

Figure.   Global Pressure Vessel Composite Materials Top 12 Players Ranking and Market Share（Based on data of 2021, Continually updated）

Based on or includes research from QYResearch: 2021 data information of Global Pressure Vessel Composite Materials Market Report 2023-2029.

The global key manufacturers of Pressure Vessel Composite Materials include Pentair, Hexagon Composites, Wave Cyber, ROPV, Protec Arisawa, Jiangsu Pengyu, BEL Group, Applied Membranes, Steelhead Composites, Aburi Composites, etc. In 2020, the global top five players had a share approximately 32.0% in terms of revenue.

 

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com

 

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QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.