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Global High Pressure Vessels Market is projected to exhibit a CAGR of 1.99% between 2017 and 2025

Author: QYResearch | Publish date: 2018-08-17 | Views: 21
The High Pressure Vessels industry was 515.31 million USD in 2017 and is projected to reach USD 591.69 million USD by 2025, at a CAGR (Compounded Annual Growth Rate) of 1.99% between 2017 and 2025. The market is driven by various end-user Petrochemical, Chemical, Coal Chemical, Nuclear Power and Non-ferrous Metal.

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The industry is dispersive. The key manufacturers include Mersen, Hexagon xperion, Parr Instrumentm, Autoclave Engineers, LPP Group, Premex Solutions, Top Industrie, NK, ATB, Pentair, Amar Equipment, Berghof-instruments, HEL, THVOW, CIMC Enric, CFHI, Dlian Tongda, Hexagon xperion maintained its first place in the ranking in 2017. Hexagon xperion accounted for 30.41% of the Global High Pressure Vessels revenue market share in 2017.


High Pressure Vessels are often used to Petrochemical, Chemical, Coal Chemical, Nuclear Power and Non-ferrous Metal. In terms of volume, this Petrochemical in different end-user segments is expected to result in its healthy CAGR of more than 4.61% between 2017 and 2025.


The market for the High Pressure Vessels divided into 6 geographic regions. QYResearch analysts estimate the Europe to lead the global market for High Pressure Vessels during the forecast period. This region accounts for a market share of nearly 34.36% by 2025 and is followed by the United States.


Europe has witnessed an advanced and dynamic adoption of new technologies and has always been a lucrative region. The High Pressure Vessels market in China is expected to grow at the highest CAGR during the forecast period. China and Japan are the key countries in the High Pressure Vessels in APAC. In the future, the High Pressure Vessels in some new economies will also rapidly grow and occupy a certain market share, such as such as India, Southeast Asia and Brazil etc.


The Global High Pressure Vessels Market Research Report 2018 report released by QYResearch provides a basic overview of the High Pressure Vessels industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


This report studies the High Pressure Vessels market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the High Pressure Vessels market by product type and applications/end industries.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/660784/global-high-pressure-vessels-market

 


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