Pressure Vessel Composite Materials Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Material (Epoxy Resin, Carbon Fiber, Glass Fiber); End-Use Industry (CNG Vehicles, Hydrogen Vehicles, Gas Transport)
MARKET INTRODUCTION
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. Thus, they are mostly demanded in various industries, such as oil refineries, atomic reactors, automobile, gas repositories, and aerospace.
MARKET DYNAMICS
The demand for pressure vessel composite materials is likely to witness impressive growth over the forecast period. Rapid industrialization and massive demand for electricity are the prime factors propelling the growth of the pressure vessel composite materials market. Currently, significant investments are made by the key players for renewable energy in developed and developing countries Asia-pacific and North America to meet the growing demand for power supply is expected to boost the demand for pressure vessels composite material market in the near future. Thus, the superior properties of composites materials as compared to metal alloys is expected to boost market growth.
MARKET SCOPE
The “Global Pressure Vessel Composite Materials Market Analysis to 2027” is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pressure vessel composite materials market with detailed market segmentation by material, end-user, and geography. The global pressure vessel composite materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pressure vessel composite materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pressure vessel composite materials market is segmented on the basis of material and end-user. On the basis of material, the pressure vessel composite materials market is segmented into resin, and glass fiber. The resin segment id further bifurcated into, epoxy resin, polyester, and others. The fiber segment is divided into, carbon fiber, glass fiber, and others. The pressure vessel composite materials market on the basis of end-user is segmented into CNG vehicles, hydrogen vehicles, gas transport, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global pressure vessel composite materials market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The pressure vessel composite materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the pressure vessel composite materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pressure vessel composite materials in these regions.
MARKET PLAYERS
The reports cover key developments in the pressure vessel composite materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from pressure vessel composite materials market are anticipated to lucrative growth opportunities in the future with the rising demand for Pressure vessel composite materials in the global market. Below mentioned is the list of few companies engaged in the Pressure vessel composite materials market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pressure vessel composite materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M Company
- BASF SE
- Hexion Inc.
- Huntsman International LLC.
- Kolon Industries. Inc.
- Mitsubishi Chemical Corporation
- Olin Corporation
- Solvay S.A.
- Steelhead Composites, LLC.
- ZOLTEK Corporation (Toray Group)
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Pressure Vessel Composite Materials Market - By Material
1.3.2 Pressure Vessel Composite Materials Market - By End-User
1.3.3 Pressure Vessel Composite Materials Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. PRESSURE VESSEL COMPOSITE MATERIALS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PRESSURE VESSEL COMPOSITE MATERIALS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PRESSURE VESSEL COMPOSITE MATERIALS MARKET - GLOBAL MARKET ANALYSIS
6.1. PRESSURE VESSEL COMPOSITE MATERIALS - GLOBAL MARKET OVERVIEW
6.2. PRESSURE VESSEL COMPOSITE MATERIALS - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. PRESSURE VESSEL COMPOSITE MATERIALS MARKET - REVENUE AND FORECASTS TO 2027 – MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. RESIN
7.3.1. Overview
7.3.2. Resin Market Forecast and Analysis
7.3.3. Epoxy Resin Market
7.3.3.1. Overview
7.3.3.2. Epoxy Resin Market Forecast and Analysis
7.3.4. Polyester Market
7.3.4.1. Overview
7.3.4.2. Polyester Market Forecast and Analysis
7.3.5. Others Market
7.3.5.1. Overview
7.3.5.2. Others Market Forecast and Analysis
7.4. FIBER
7.4.1. Overview
7.4.2. Fiber Market Forecast and Analysis
7.4.3. Carbon Fiber Market
7.4.3.1. Overview
7.4.3.2. Carbon Fiber Market Forecast and Analysis
7.4.4. Glass Fiber Market
7.4.4.1. Overview
7.4.4.2. Glass Fiber Market Forecast and Analysis
7.4.5. Others Market
7.4.5.1. Overview
7.4.5.2. Others Market Forecast and Analysis
8. PRESSURE VESSEL COMPOSITE MATERIALS MARKET - REVENUE AND FORECASTS TO 2027 – END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. CNG VEHICLES
8.3.1. Overview
8.3.2. CNG Vehicles Market Forecast and Analysis
8.4. HYDROGEN VEHICLES
8.4.1. Overview
8.4.2. Hydrogen Vehicles Market Forecast and Analysis
8.5. GAS TRANSPORT
8.5.1. Overview
8.5.2. Gas Transport Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. PRESSURE VESSEL COMPOSITE MATERIALS MARKET REVENUE AND FORECASTS TO 2027 – GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Pressure Vessel Composite Materials Market Overview
9.1.2 North America Pressure Vessel Composite Materials Market Forecasts and Analysis
9.1.3 North America Pressure Vessel Composite Materials Market Forecasts and Analysis - By Material
9.1.4 North America Pressure Vessel Composite Materials Market Forecasts and Analysis - By End-User
9.1.5 North America Pressure Vessel Composite Materials Market Forecasts and Analysis - By Countries
9.1.5.1 United States Pressure Vessel Composite Materials Market
9.1.5.1.1 United States Pressure Vessel Composite Materials Market by Material
9.1.5.1.2 United States Pressure Vessel Composite Materials Market by End-User
9.1.5.2 Canada Pressure Vessel Composite Materials Market
9.1.5.2.1 Canada Pressure Vessel Composite Materials Market by Material
9.1.5.2.2 Canada Pressure Vessel Composite Materials Market by End-User
9.1.5.3 Mexico Pressure Vessel Composite Materials Market
9.1.5.3.1 Mexico Pressure Vessel Composite Materials Market by Material
9.1.5.3.2 Mexico Pressure Vessel Composite Materials Market by End-User
9.2. EUROPE
9.2.1 Europe Pressure Vessel Composite Materials Market Overview
9.2.2 Europe Pressure Vessel Composite Materials Market Forecasts and Analysis
9.2.3 Europe Pressure Vessel Composite Materials Market Forecasts and Analysis - By Material
9.2.4 Europe Pressure Vessel Composite Materials Market Forecasts and Analysis - By End-User
9.2.5 Europe Pressure Vessel Composite Materials Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Pressure Vessel Composite Materials Market
9.2.5.1.1 Germany Pressure Vessel Composite Materials Market by Material
9.2.5.1.2 Germany Pressure Vessel Composite Materials Market by End-User
9.2.5.2 France Pressure Vessel Composite Materials Market
9.2.5.2.1 France Pressure Vessel Composite Materials Market by Material
9.2.5.2.2 France Pressure Vessel Composite Materials Market by End-User
9.2.5.3 Italy Pressure Vessel Composite Materials Market
9.2.5.3.1 Italy Pressure Vessel Composite Materials Market by Material
9.2.5.3.2 Italy Pressure Vessel Composite Materials Market by End-User
9.2.5.4 United Kingdom Pressure Vessel Composite Materials Market
9.2.5.4.1 United Kingdom Pressure Vessel Composite Materials Market by Material
9.2.5.4.2 United Kingdom Pressure Vessel Composite Materials Market by End-User
9.2.5.5 Russia Pressure Vessel Composite Materials Market
9.2.5.5.1 Russia Pressure Vessel Composite Materials Market by Material
9.2.5.5.2 Russia Pressure Vessel Composite Materials Market by End-User
9.2.5.6 Rest of Europe Pressure Vessel Composite Materials Market
9.2.5.6.1 Rest of Europe Pressure Vessel Composite Materials Market by Material
9.2.5.6.2 Rest of Europe Pressure Vessel Composite Materials Market by End-User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Pressure Vessel Composite Materials Market Overview
9.3.2 Asia-Pacific Pressure Vessel Composite Materials Market Forecasts and Analysis
9.3.3 Asia-Pacific Pressure Vessel Composite Materials Market Forecasts and Analysis - By Material
9.3.4 Asia-Pacific Pressure Vessel Composite Materials Market Forecasts and Analysis - By End-User
9.3.5 Asia-Pacific Pressure Vessel Composite Materials Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Pressure Vessel Composite Materials Market
9.3.5.1.1 Australia Pressure Vessel Composite Materials Market by Material
9.3.5.1.2 Australia Pressure Vessel Composite Materials Market by End-User
9.3.5.2 China Pressure Vessel Composite Materials Market
9.3.5.2.1 China Pressure Vessel Composite Materials Market by Material
9.3.5.2.2 China Pressure Vessel Composite Materials Market by End-User
9.3.5.3 India Pressure Vessel Composite Materials Market
9.3.5.3.1 India Pressure Vessel Composite Materials Market by Material
9.3.5.3.2 India Pressure Vessel Composite Materials Market by End-User
9.3.5.4 Japan Pressure Vessel Composite Materials Market
9.3.5.4.1 Japan Pressure Vessel Composite Materials Market by Material
9.3.5.4.2 Japan Pressure Vessel Composite Materials Market by End-User
9.3.5.5 South Korea Pressure Vessel Composite Materials Market
9.3.5.5.1 South Korea Pressure Vessel Composite Materials Market by Material
9.3.5.5.2 South Korea Pressure Vessel Composite Materials Market by End-User
9.3.5.6 Rest of Asia-Pacific Pressure Vessel Composite Materials Market
9.3.5.6.1 Rest of Asia-Pacific Pressure Vessel Composite Materials Market by Material
9.3.5.6.2 Rest of Asia-Pacific Pressure Vessel Composite Materials Market by End-User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Pressure Vessel Composite Materials Market Overview
9.4.2 Middle East and Africa Pressure Vessel Composite Materials Market Forecasts and Analysis
9.4.3 Middle East and Africa Pressure Vessel Composite Materials Market Forecasts and Analysis - By Material
9.4.4 Middle East and Africa Pressure Vessel Composite Materials Market Forecasts and Analysis - By End-User
9.4.5 Middle East and Africa Pressure Vessel Composite Materials Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Pressure Vessel Composite Materials Market
9.4.5.1.1 South Africa Pressure Vessel Composite Materials Market by Material
9.4.5.1.2 South Africa Pressure Vessel Composite Materials Market by End-User
9.4.5.2 Saudi Arabia Pressure Vessel Composite Materials Market
9.4.5.2.1 Saudi Arabia Pressure Vessel Composite Materials Market by Material
9.4.5.2.2 Saudi Arabia Pressure Vessel Composite Materials Market by End-User
9.4.5.3 U.A.E Pressure Vessel Composite Materials Market
9.4.5.3.1 U.A.E Pressure Vessel Composite Materials Market by Material
9.4.5.3.2 U.A.E Pressure Vessel Composite Materials Market by End-User
9.4.5.4 Rest of Middle East and Africa Pressure Vessel Composite Materials Market
9.4.5.4.1 Rest of Middle East and Africa Pressure Vessel Composite Materials Market by Material
9.4.5.4.2 Rest of Middle East and Africa Pressure Vessel Composite Materials Market by End-User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Pressure Vessel Composite Materials Market Overview
9.5.2 South and Central America Pressure Vessel Composite Materials Market Forecasts and Analysis
9.5.3 South and Central America Pressure Vessel Composite Materials Market Forecasts and Analysis - By Material
9.5.4 South and Central America Pressure Vessel Composite Materials Market Forecasts and Analysis - By End-User
9.5.5 South and Central America Pressure Vessel Composite Materials Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Pressure Vessel Composite Materials Market
9.5.5.1.1 Brazil Pressure Vessel Composite Materials Market by Material
9.5.5.1.2 Brazil Pressure Vessel Composite Materials Market by End-User
9.5.5.2 Argentina Pressure Vessel Composite Materials Market
9.5.5.2.1 Argentina Pressure Vessel Composite Materials Market by Material
9.5.5.2.2 Argentina Pressure Vessel Composite Materials Market by End-User
9.5.5.3 Rest of South and Central America Pressure Vessel Composite Materials Market
9.5.5.3.1 Rest of South and Central America Pressure Vessel Composite Materials Market by Material
9.5.5.3.2 Rest of South and Central America Pressure Vessel Composite Materials Market by End-User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. PRESSURE VESSEL COMPOSITE MATERIALS MARKET, KEY COMPANY PROFILES
11.1. 3M COMPANY
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HEXION INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HUNTSMAN INTERNATIONAL LLC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. KOLON INDUSTRIES. INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MITSUBISHI CHEMICAL CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OLIN CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SOLVAY S.A.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. STEELHEAD COMPOSITES, LLC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ZOLTEK CORPORATION (TORAY GROUP)
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- 3M Company
- BASF SE
- Hexion Inc.
- Huntsman International LLC.
- Kolon Industries. Inc.
- Mitsubishi Chemical Corporation
- Olin Corporation
- Solvay S.A.
- Steelhead Composites, LLC.
- ZOLTEK Corporation (Toray Group)