Pressure Vessel Market by End-User Industry,Type, & Material - 2021

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MarketsandMarkets Presents
Pressure Vessel Market worth 184.87 Billion USD
by 2021
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essure-vessel-market-116301805.html
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The Pressure Vessel Market is expected to reach
USD 184.87 Billion by 2021, at a CAGR of 5.38
from 2016 to 2021. This growth is attributed to
growing demand for electricity and power
generation capacity additions. Increasing
upstream downstream activities in the oil gas
industry is the major factor expected to drive
the Pressure Vessel Market.
Early Buyers Will Receive 10 Customization On
This Report
Browse Report Data A 73 Market Data Tables B
51 Figures C 150 Pages and in-depth TOC on
in-depth TOC on Pressure Vessel Market
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essure-vessel-market-116301805.html
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The Pressure Vessel Market is expected to reach
USD 184.87 Billion by 2021, at a CAGR of 5.38
from 2016 to 2021. The growth of this market is
attributed to huge electricity demand and
industrialization in different regions.
Investments for renewable power generation in
Asia-Pacific and North American countries have
been planned to meet the rising power demand,
which in turn are going to boost the demand for
pressure vessels.
Scope of the Report
To provide an in-depth understanding of the
competitive landscape, the report includes
profiles of some of the leading players in the
pressure vessel market, namely, Mitsubishi Heavy
Industries, Ltd. (Japan), Babcock and Wilcox
Enterprises, Inc. (U.S.), Doosan Heavy Industries
Construction (South Korea), Bharat Heavy
Electricals Limited (India), and Larsen Toubro
Limited (India). These companies have been the
most active in terms of strategic developments
from January 2014 to April 2016. Most of these
market players are present in Asia-Pacific and
the U.S. and have been actively participating in
competitive developments.
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