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Global Forged Pressure Vessel Shell Sections Market Research Report 2026

Industry: Machinery & Equipment

Published Date: 2026-07-31

Pages: 119 Pages

Report ld: 6983485

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Description
Table of Contents
Table of Figures
Related Reports
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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

biaoTi Key Findings

The average gross margin of the Forged Pressure Vessel Shell Sections industry is estimated at approximately 22%

Asia-Pacific is the largest production and demand market

Straight Cylindrical Shell Forgings represent the largest structural segment

Nuclear Pressure Equipment is the largest downstream application by value

The high-end market is concentrated among suppliers with integrated steelmaking and heavy-forging capabilities

Forged Pressure Vessel Shell Sections Market Size(US$)

CAGR 2026-2032

5.6%

Market Size,2032

USD 1,402

Million

Market Snapshot

Market Size in 2026 (Value)

US$ 1,013 million

Market Forecast in 2032(Value)

US$ 1,402 million

CAGR

5.6%

Years Considered

2021-2032

Base Year

2026

Forecast Period

2026-2032

Source: Secondary research, interviews with experts, and QYResearch analysis

The global Forged Pressure Vessel Shell Sections market was valued at US$ 963 million in 2025 and is anticipated to reach US$ 1402 million by 2032, at a CAGR of 5.6% from 2026 to 2032.

Forged Pressure Vessel Shell Sections are integrally formed, seamless cylindrical or ring-shaped pressure-retaining shell components manufactured from carbon steel, low-alloy steel, stainless steel, or other pressure-vessel-grade alloys through open-die forging, hollow forging, mandrel expansion, radial-axial ring rolling, or combined forging-and-rolling processes. Each forging generally forms an individual shell section of a pressure vessel and is joined with adjacent shell sections, heads, flanges, or nozzle sections to constitute the principal pressure boundary designed to withstand internal or external pressure under operating conditions that may involve elevated or low temperatures, corrosive media, irradiation, or cyclic loading. Forged Pressure Vessel Shell Sections may be supplied in the as-forged, heat-treated, rough-machined, or finish-machined condition and are primarily used in reactor pressure vessels, steam generators, petrochemical and coal-chemical reactors, high-pressure heat-transfer equipment, industrial gas and hydrogen storage vessels, and other heavy-duty pressure equipment.

biaoTi Market Trends

Forged Pressure Vessel Shell Sections are moving toward larger monoblock structures, fewer welded joints, higher material cleanliness and more extensive delivery in rough- or finish-machined condition. Nuclear and high-pressure process-equipment customers increasingly favor ring-forged shells, integral nozzle belts, integral flanges and near-net-shape transition sections because these designs reduce longitudinal welds, simplify inspection and improve the continuity of the pressure boundary. Steelmaking control is becoming more important as larger ingots increase the risks of segregation, porosity and non-uniform properties; vacuum treatment, electroslag remelting for selected grades, controlled forging ratios, numerical simulation and carefully engineered quenching cycles are therefore becoming standard differentiators among qualified suppliers. Manufacturing is also shifting from the sale of black forgings toward integrated packages combining metallurgy, forging, heat treatment, ultrasonic examination, mechanical testing, machining and complete digital documentation. In nuclear applications, demand is increasingly linked to serial production programs, supply-chain localization and designs intended to reduce the number of welded vessel sections. In non-nuclear applications, demand is concentrated in high-severity hydroprocessing, petrochemical and coal-conversion equipment, while hydrogen storage and special high-pressure systems remain smaller but technically attractive emerging segments.

Market Segmentation

By Company

Doosan Enerbility
The Japan Steel Works
AEM-Technologies (AEM-Special Steels)
Framatome (Creusot Forge)
Kobe Steel
L&T Special Steels and Heavy Forgings
Scot Forge
Lehigh Heavy Forge
Ring Mill
Sheffield Forgemasters
China First Heavy Industries
Erzhong (Deyang) Heavy Equipment
Shanghai Electric SHMP Casting & Forging
Iraeta Energy Equipment
Tongyu Heavy Industry

Consumption by Region

North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA

Segment by Type

Straight Cylindrical Shell Forgings
Conical and Transition Shell Forgings
Others

Segment by Application

Nuclear Pressure Equipment
Petrochemical and Coal-Chemical Reactors
High-Pressure Heat Exchangers and Process Vessels
High-Pressure Storage Vessels
Others

Segment by Category

Open-Die and Mandrel-Forged Shells
Ring-Rolled and Forged-and-Rolled Shells

biaoTi Market Dynamics

Drivers

The primary market driver is the continuing construction and replacement cycle for nuclear pressure equipment. By late 2025, 63 power reactors were under construction globally, creating multi-year requirements for reactor pressure vessel and steam generator shells, while the French EPR2 program alone covers six reactor pressure vessels and 24 steam generators. Demand is further supported by refinery upgrading, residue conversion, hydrogenation and coal-chemical projects that require thick-wall low-alloy steel reactor shells capable of operating under high temperature, pressure and corrosive or hydrogen-rich conditions. Vessel manufacturers also have a structural incentive to replace plate-rolled and heavily welded configurations with larger forged sections where economics and equipment size permit, as fewer welds can reduce fabrication, inspection and lifecycle-maintenance requirements.

Restraints

Market expansion is constrained by high capital intensity, long qualification cycles and irregular project timing. Large shell forgings require high-capacity steelmaking, large ingots, heavy presses or ring mills, deep heat-treatment furnaces, large vertical lathes and extensive nondestructive testing infrastructure, making economical capacity utilization difficult without a sustained order backlog. Nuclear-grade products also require customer-specific qualification, audited quality systems, material traceability and long documentation-retention periods. For less demanding pressure vessels, plate-rolled welded shells, seamless pipe sections or fabricated alternatives can remain more economical, limiting the addressable market for forged shells. Large forgings are also exposed to high scrap costs because a metallurgical defect discovered after forging, heat treatment or machining can invalidate months of production and a substantial amount of alloy steel.

Opportunities

The strongest opportunity lies in the expansion and regionalization of nuclear manufacturing supply chains. New-build programs in China, Korea, Russia, France and India, together with emerging small modular reactor and advanced-reactor projects, are encouraging additional qualification of heavy-forging capacity and renewed investment in monoblock and integral-feature components. North American Forgemasters is developing commercial nuclear and SMR forgings, including shells with integral nozzles, while Framatome is expanding industrial capacity for the EPR2 program. Outside nuclear power, opportunities are emerging in high-pressure hydrogen storage, low-emissions fuel production, CCUS-related process equipment, renewable-fuel hydrotreating and high-pressure materials-processing vessels. The most attractive opportunities are likely to favor suppliers able to provide complete metallurgical and machining packages rather than basic forging alone.

Challenges

The central industry challenge is delivering uniform properties through extremely large and thick sections while controlling segregation, grain size, residual stress, distortion and ultrasonic indications. Suppliers must balance sufficient forging deformation and rapid, uniform quenching against dimensional accuracy and cracking risk. Project concentration creates additional commercial risk because annual demand can be affected by the timing of a small number of nuclear islands or very large petrochemical reactors. Energy, alloy and scrap-price volatility can materially change contract economics during long production cycles, while geopolitical restrictions, nuclear-export controls and localization policies can limit the usable supplier pool. Consolidated group structures also complicate market measurement: some shells are sold externally, while others are transferred internally into complete reactor vessels or steam generators, requiring a distinction between external sales revenue and captive production value.

biaoTi Industry Chain Analysis

The upstream chain consists of high-quality scrap, iron units, ferroalloys, nickel, chromium, molybdenum and other alloying materials, refractories, electrodes, energy and large-ingot steelmaking capacity. Shell-forging producers may purchase qualified ingots or operate integrated electric-arc or specialty steelmaking facilities with vacuum degassing and, for selected grades, remelting capability. The midstream value chain covers ingot conditioning, upsetting, piercing, hollow forging, mandrel expansion, open-die drawing, radial-axial ring rolling, preliminary and final heat treatment, rough machining, ultrasonic and surface examination, mechanical testing and finish machining. The greatest value is created through metallurgical consistency, control of thick-section properties, nuclear or pressure-equipment qualification, near-net-shape forming and complete traceability documentation rather than through steel weight alone. Downstream customers include nuclear-island equipment manufacturers, pressure-vessel OEMs, boiler and heat-exchanger manufacturers, petrochemical equipment companies, engineering contractors and integrated energy-equipment groups. Captive use is important because several leading companies manufacture both shell forgings and complete pressure vessels.

biaoTi Segment Insights

Straight Cylindrical Shell Forgings account for approximately three-quarters of shipment tonnage and form the standard body sections of reactor vessels, steam generators, hydroprocessing reactors and other cylindrical pressure equipment. Conical and Transition Shell Forgings represent a smaller but higher-complexity segment used to connect shell sections of different diameters or wall thicknesses. The Others category mainly covers special-contour shells, integral-nozzle shells, shell-flange combinations and customer-specific monoblock structures that cannot be classified as conventional straight or transition sections. These products generally achieve higher unit values because of additional forming complexity, machining content and inspection requirements.

By manufacturing process, Ring-Rolled and Forged-and-Rolled Shells are estimated to represent slightly more than half of market value, supported by their widespread use in nuclear steam generators, reactor vessels and large process-equipment rings. The process permits efficient diameter expansion, controlled wall reduction and favorable circumferential grain flow, particularly for relatively short, large-diameter shells. Open-Die and Mandrel-Forged Shells remain essential for very thick sections, longer cylinders, lower-volume custom geometries and products with integrated structural features. The two routes are complementary because ring-rolled shells normally begin with open-die upset and pierced preforms, while the final classification depends on the process that establishes the finished shell geometry.

biaoTi Downstream Market Opportunities

Nuclear Pressure Equipment contributes slightly above 40% of market value and remains the most attractive high-value application because each project requires large low-alloy steel shells supported by nuclear-grade steelmaking, heat treatment, examination and documentation. Petrochemical and Coal-Chemical Reactors represent approximately one-third of market value, with demand concentrated in hydroprocessing, hydrocracking, residue conversion, coal conversion and other high-temperature, high-pressure reactors. High-Pressure Heat Exchangers and Process Vessels provide broader but more fragmented demand, while forged-shell penetration depends on pressure, wall thickness, material grade and the economic advantage over welded plate construction. High-Pressure Storage Vessels and other special applications currently account for a smaller share, but hydrogen infrastructure, advanced process plants and high-pressure materials treatment may gradually expand the addressable market.

biaoTi Regional Insights

Fastest-Growing Region: Asia Pacific

Asia-Pacific is the world’s largest market for Forged Pressure Vessel Shell Sections, accounting for more than half of global demand and hosting a substantial share of heavy-forging and pressure-equipment manufacturing capacity. China combines the world’s leading nuclear construction pipeline with a complete petrochemical and coal-chemical industrial base and a mature heavy-equipment manufacturing sector, providing stable market demand for China First Heavy Industries, Erzhong Heavy Equipment, Shanghai Electric SHMP Casting & Forging, Iraeta Energy Equipment, and Tongyu Heavy Industry. In South Korea, Doosan Enerbility is the principal supplier and maintains strong competitiveness in nuclear primary equipment and large ring-forged shell sections. Japan relies on The Japan Steel Works and Kobe Steel to sustain long-standing technical advantages in high-cleanliness steelmaking, ultra-heavy forging, thick-section heat treatment, and nuclear-grade shell manufacturing. At the end of 2024, China accounted for 46% of global nuclear capacity under construction, continuing to support demand for nuclear-grade shell forgings across Asia-Pacific.

XX.X
%
CAGR*
XXXX
US$ Million
XXXX
REGIONAL SHARE

By Type,2021-2032(US$ Million)

Straight Cylindrical Shell Forgings

Conical and Transition Shell Forgings

Others

By Application，2021-2032(US$ Million）

Nuclear Pressure Equipment

Petrochemical and Coal-Chemical Reactors

High-Pressure Heat Exchangers and Process Vessels

High-Pressure Storage Vessels

Others

Europe remains an important production region for high-value Forged Pressure Vessel Shell Sections. Major participants include Framatome through Creusot Forge, AEM-Technologies through AEM-Special Steels, Ring Mill, and Sheffield Forgemasters. Regional demand is supported by new-build and replacement nuclear projects in Europe, Russian nuclear-equipment programs, and the petrochemical and process-equipment manufacturing sectors. North America represents a relatively smaller market, although Scot Forge and Lehigh Heavy Forge retain specialized capabilities in large open-die forgings, pressure-vessel shells, and nuclear components. In India, L&T Special Steels and Heavy Forgings serves nuclear, oil and gas, and high-pressure process-equipment customers through its large-ingot steelmaking, heavy-forging, and machining capabilities.

biaoTi Report Scope

This report delivers a comprehensive overview of the global Forged Pressure Vessel Shell Sections market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Forged Pressure Vessel Shell Sections. The Forged Pressure Vessel Shell Sections market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.

The report segments the global Forged Pressure Vessel Shell Sections market comprehensively. Regional market sizes by Type, by Application, by Primary Forming Process, and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.

This report will assist Forged Pressure Vessel Shell Sections manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

biaoTi Chapter Outline

Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, by Primary Forming Process, etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.

Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.

Chapter 3: Provides a detailed view of the competitive landscape for Forged Pressure Vessel Shell Sections companies, covering revenue share, development plans, and mergers and acquisitions.

Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.

Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.

Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.

Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.

Chapter 12: Key findings and conclusions of the report.

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Table of Contents

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Forged Pressure Vessel Shell Sections Market Size Growth Rate by Type: 2021 vs 2025 vs 2032

1.2.2 Straight Cylindrical Shell Forgings

1.2.3 Conical and Transition Shell Forgings

1.2.4 Others

1.3 Market by Primary Forming Process

1.3.1 Global Forged Pressure Vessel Shell Sections Market Size Growth Rate by Primary Forming Process: 2021 vs 2025 vs 2032

1.3.2 Open-Die and Mandrel-Forged Shells

1.3.3 Ring-Rolled and Forged-and-Rolled Shells

1.4 Market by Application

1.4.1 Global Forged Pressure Vessel Shell Sections Market Growth by Application: 2021 vs 2025 vs 2032

1.4.2 Nuclear Pressure Equipment

1.4.3 Petrochemical and Coal-Chemical Reactors

1.4.4 High-Pressure Heat Exchangers and Process Vessels

1.4.5 High-Pressure Storage Vessels

1.4.6 Others

1.5 Assumptions and Limitations

1.6 Study Objectives

1.7 Years Considered

2 Global Growth Trends

2.1 Global Forged Pressure Vessel Shell Sections Market Perspective (2021–2032)

2.2 Global Forged Pressure Vessel Shell Sections Growth Trends by Region

2.2.1 Global Forged Pressure Vessel Shell Sections Market Size by Region: 2021 vs 2025 vs 2032

2.2.2 Forged Pressure Vessel Shell Sections Historic Market Size by Region (2021–2026)

2.2.3 Forged Pressure Vessel Shell Sections Forecasted Market Size by Region (2027–2032)

2.3 Forged Pressure Vessel Shell Sections Market Dynamics

2.3.1 Forged Pressure Vessel Shell Sections Industry Trends

2.3.2 Forged Pressure Vessel Shell Sections Market Drivers

2.3.3 Forged Pressure Vessel Shell Sections Market Challenges

2.3.4 Forged Pressure Vessel Shell Sections Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Forged Pressure Vessel Shell Sections Players by Revenue

3.1.1 Global Top Forged Pressure Vessel Shell Sections Players by Revenue (2021–2026)

3.1.2 Global Forged Pressure Vessel Shell Sections Revenue Market Share by Players (2021–2026)

3.2 Global Top Forged Pressure Vessel Shell Sections Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)

3.3 Global Key Players Ranking by Forged Pressure Vessel Shell Sections Revenue

3.4 Global Forged Pressure Vessel Shell Sections Market Concentration Ratio

3.4.1 Global Forged Pressure Vessel Shell Sections Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Forged Pressure Vessel Shell Sections Revenue in 2025

3.5 Global Key Players of Forged Pressure Vessel Shell Sections Head Offices and Areas Served

3.6 Global Key Players of Forged Pressure Vessel Shell Sections, Products and Applications

3.7 Global Key Players of Forged Pressure Vessel Shell Sections, Date of General Availability (GA)

3.8 Mergers and Acquisitions, Expansion Plans

4 Forged Pressure Vessel Shell Sections Breakdown Data by Type

4.1 Global Forged Pressure Vessel Shell Sections Historic Market Size by Type (2021–2026)

4.2 Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Type (2027–2032)

5 Forged Pressure Vessel Shell Sections Breakdown Data by Application

5.1 Global Forged Pressure Vessel Shell Sections Historic Market Size by Application (2021–2026)

5.2 Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Application (2027–2032)

6 North America

6.1 North America Forged Pressure Vessel Shell Sections Market Size (2021–2032)

6.2 North America Forged Pressure Vessel Shell Sections Market Growth Rate by Country: 2021 vs 2025 vs 2032

6.3 North America Forged Pressure Vessel Shell Sections Market Size by Country (2021–2026)

6.4 North America Forged Pressure Vessel Shell Sections Market Size by Country (2027–2032)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Forged Pressure Vessel Shell Sections Market Size (2021–2032)

7.2 Europe Forged Pressure Vessel Shell Sections Market Growth Rate by Country: 2021 vs 2025 vs 2032

7.3 Europe Forged Pressure Vessel Shell Sections Market Size by Country (2021–2026)

7.4 Europe Forged Pressure Vessel Shell Sections Market Size by Country (2027–2032)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Ireland

8 Asia-Pacific

8.1 Asia-Pacific Forged Pressure Vessel Shell Sections Market Size (2021–2032)

8.2 Asia-Pacific Forged Pressure Vessel Shell Sections Market Growth Rate by Region: 2021 vs 2025 vs 2032

8.3 Asia-Pacific Forged Pressure Vessel Shell Sections Market Size by Region (2021–2026)

8.4 Asia-Pacific Forged Pressure Vessel Shell Sections Market Size by Region (2027–2032)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia & New Zealand

9 Latin America

9.1 Latin America Forged Pressure Vessel Shell Sections Market Size (2021–2032)

9.2 Latin America Forged Pressure Vessel Shell Sections Market Growth Rate by Country: 2021 vs 2025 vs 2032

9.3 Latin America Forged Pressure Vessel Shell Sections Market Size by Country (2021–2026)

9.4 Latin America Forged Pressure Vessel Shell Sections Market Size by Country (2027–2032)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Forged Pressure Vessel Shell Sections Market Size (2021–2032)

10.2 Middle East & Africa Forged Pressure Vessel Shell Sections Market Growth Rate by Country: 2021 vs 2025 vs 2032

10.3 Middle East & Africa Forged Pressure Vessel Shell Sections Market Size by Country (2021–2026)

10.4 Middle East & Africa Forged Pressure Vessel Shell Sections Market Size by Country (2027–2032)

10.5 Israel

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Doosan Enerbility

11.1.1 Doosan Enerbility Company Details

11.1.2 Doosan Enerbility Business Overview

11.1.3 Doosan Enerbility Forged Pressure Vessel Shell Sections Introduction

11.1.4 Doosan Enerbility Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.1.5 Doosan Enerbility Recent Development

11.2 The Japan Steel Works

11.2.1 The Japan Steel Works Company Details

11.2.2 The Japan Steel Works Business Overview

11.2.3 The Japan Steel Works Forged Pressure Vessel Shell Sections Introduction

11.2.4 The Japan Steel Works Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.2.5 The Japan Steel Works Recent Development

11.3 AEM-Technologies (AEM-Special Steels)

11.3.1 AEM-Technologies (AEM-Special Steels) Company Details

11.3.2 AEM-Technologies (AEM-Special Steels) Business Overview

11.3.3 AEM-Technologies (AEM-Special Steels) Forged Pressure Vessel Shell Sections Introduction

11.3.4 AEM-Technologies (AEM-Special Steels) Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.3.5 AEM-Technologies (AEM-Special Steels) Recent Development

11.4 Framatome (Creusot Forge)

11.4.1 Framatome (Creusot Forge) Company Details

11.4.2 Framatome (Creusot Forge) Business Overview

11.4.3 Framatome (Creusot Forge) Forged Pressure Vessel Shell Sections Introduction

11.4.4 Framatome (Creusot Forge) Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.4.5 Framatome (Creusot Forge) Recent Development

11.5 Kobe Steel

11.5.1 Kobe Steel Company Details

11.5.2 Kobe Steel Business Overview

11.5.3 Kobe Steel Forged Pressure Vessel Shell Sections Introduction

11.5.4 Kobe Steel Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.5.5 Kobe Steel Recent Development

11.6 L&T Special Steels and Heavy Forgings

11.6.1 L&T Special Steels and Heavy Forgings Company Details

11.6.2 L&T Special Steels and Heavy Forgings Business Overview

11.6.3 L&T Special Steels and Heavy Forgings Forged Pressure Vessel Shell Sections Introduction

11.6.4 L&T Special Steels and Heavy Forgings Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.6.5 L&T Special Steels and Heavy Forgings Recent Development

11.7 Scot Forge

11.7.1 Scot Forge Company Details

11.7.2 Scot Forge Business Overview

11.7.3 Scot Forge Forged Pressure Vessel Shell Sections Introduction

11.7.4 Scot Forge Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.7.5 Scot Forge Recent Development

11.8 Lehigh Heavy Forge

11.8.1 Lehigh Heavy Forge Company Details

11.8.2 Lehigh Heavy Forge Business Overview

11.8.3 Lehigh Heavy Forge Forged Pressure Vessel Shell Sections Introduction

11.8.4 Lehigh Heavy Forge Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.8.5 Lehigh Heavy Forge Recent Development

11.9 Ring Mill

11.9.1 Ring Mill Company Details

11.9.2 Ring Mill Business Overview

11.9.3 Ring Mill Forged Pressure Vessel Shell Sections Introduction

11.9.4 Ring Mill Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.9.5 Ring Mill Recent Development

11.10 Sheffield Forgemasters

11.10.1 Sheffield Forgemasters Company Details

11.10.2 Sheffield Forgemasters Business Overview

11.10.3 Sheffield Forgemasters Forged Pressure Vessel Shell Sections Introduction

11.10.4 Sheffield Forgemasters Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.10.5 Sheffield Forgemasters Recent Development

11.11 China First Heavy Industries

11.11.1 China First Heavy Industries Company Details

11.11.2 China First Heavy Industries Business Overview

11.11.3 China First Heavy Industries Forged Pressure Vessel Shell Sections Introduction

11.11.4 China First Heavy Industries Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.11.5 China First Heavy Industries Recent Development

11.12 Erzhong (Deyang) Heavy Equipment

11.12.1 Erzhong (Deyang) Heavy Equipment Company Details

11.12.2 Erzhong (Deyang) Heavy Equipment Business Overview

11.12.3 Erzhong (Deyang) Heavy Equipment Forged Pressure Vessel Shell Sections Introduction

11.12.4 Erzhong (Deyang) Heavy Equipment Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.12.5 Erzhong (Deyang) Heavy Equipment Recent Development

11.13 Shanghai Electric SHMP Casting & Forging

11.13.1 Shanghai Electric SHMP Casting & Forging Company Details

11.13.2 Shanghai Electric SHMP Casting & Forging Business Overview

11.13.3 Shanghai Electric SHMP Casting & Forging Forged Pressure Vessel Shell Sections Introduction

11.13.4 Shanghai Electric SHMP Casting & Forging Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.13.5 Shanghai Electric SHMP Casting & Forging Recent Development

11.14 Iraeta Energy Equipment

11.14.1 Iraeta Energy Equipment Company Details

11.14.2 Iraeta Energy Equipment Business Overview

11.14.3 Iraeta Energy Equipment Forged Pressure Vessel Shell Sections Introduction

11.14.4 Iraeta Energy Equipment Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.14.5 Iraeta Energy Equipment Recent Development

11.15 Tongyu Heavy Industry

11.15.1 Tongyu Heavy Industry Company Details

11.15.2 Tongyu Heavy Industry Business Overview

11.15.3 Tongyu Heavy Industry Forged Pressure Vessel Shell Sections Introduction

11.15.4 Tongyu Heavy Industry Revenue in Forged Pressure Vessel Shell Sections Business (2021–2026)

11.15.5 Tongyu Heavy Industry Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

Table of Figures

List of Tables

Table 1. Global Forged Pressure Vessel Shell Sections Market Size Growth Rate by Type (US$ Million): 2021 vs 2025 vs 2032

Table 2. Key Players of Straight Cylindrical Shell Forgings

Table 3. Key Players of Conical and Transition Shell Forgings

Table 4. Key Players of Others

Table 5. Global Forged Pressure Vessel Shell Sections Market Size Growth Rate by Primary Forming Process (US$ Million): 2021 vs 2025 vs 2032

Table 6. Key Players of Open-Die and Mandrel-Forged Shells

Table 7. Key Players of Ring-Rolled and Forged-and-Rolled Shells

Table 8. Global Forged Pressure Vessel Shell Sections Market Size Growth by Application (US$ Million): 2021 vs 2025 vs 2032

Table 9. Global Forged Pressure Vessel Shell Sections Market Size by Region (US$ Million): 2021 vs 2025 vs 2032

Table 10. Global Forged Pressure Vessel Shell Sections Market Size by Region (US$ Million), 2021–2026

Table 11. Global Forged Pressure Vessel Shell Sections Market Share by Region (2021–2026)

Table 12. Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Region (US$ Million), 2027–2032

Table 13. Global Forged Pressure Vessel Shell Sections Market Share by Region (2027–2032)

Table 14. Forged Pressure Vessel Shell Sections Market Trends

Table 15. Forged Pressure Vessel Shell Sections Market Drivers

Table 16. Forged Pressure Vessel Shell Sections Market Challenges

Table 17. Forged Pressure Vessel Shell Sections Market Restraints

Table 18. Global Forged Pressure Vessel Shell Sections Revenue by Players (US$ Million), 2021–2026

Table 19. Global Forged Pressure Vessel Shell Sections Market Share by Players (2021–2026)

Table 20. Global Top Forged Pressure Vessel Shell Sections Players by Tier (Tier 1, Tier 2, and Tier 3), based on Forged Pressure Vessel Shell Sections Revenue, 2025

Table 21. Ranking of Global Top Forged Pressure Vessel Shell Sections Companies by Revenue (US$ Million) in 2025

Table 22. Global 5 Largest Players Market Share by Forged Pressure Vessel Shell Sections Revenue (CR5 and HHI), 2021–2026

Table 23. Global Key Players of Forged Pressure Vessel Shell Sections, Headquarters and Area Served

Table 24. Global Key Players of Forged Pressure Vessel Shell Sections, Products and Applications

Table 25. Global Key Players of Forged Pressure Vessel Shell Sections, Date of General Availability (GA)

Table 26. Mergers and Acquisitions, Expansion Plans

Table 27. Global Forged Pressure Vessel Shell Sections Market Size by Type (US$ Million), 2021–2026

Table 28. Global Forged Pressure Vessel Shell Sections Revenue Market Share by Type (2021–2026)

Table 29. Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Type (US$ Million), 2027–2032

Table 30. Global Forged Pressure Vessel Shell Sections Revenue Market Share by Type (2027–2032)

Table 31. Global Forged Pressure Vessel Shell Sections Market Size by Application (US$ Million), 2021–2026

Table 32. Global Forged Pressure Vessel Shell Sections Revenue Market Share by Application (2021–2026)

Table 33. Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Application (US$ Million), 2027–2032

Table 34. Global Forged Pressure Vessel Shell Sections Revenue Market Share by Application (2027–2032)

Table 35. North America Forged Pressure Vessel Shell Sections Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 36. North America Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2021–2026

Table 37. North America Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2027–2032

Table 38. Europe Forged Pressure Vessel Shell Sections Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 39. Europe Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2021–2026

Table 40. Europe Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2027–2032

Table 41. Asia-Pacific Forged Pressure Vessel Shell Sections Market Size Growth Rate by Region (US$ Million): 2021 vs 2025 vs 2032

Table 42. Asia-Pacific Forged Pressure Vessel Shell Sections Market Size by Region (US$ Million), 2021–2026

Table 43. Asia-Pacific Forged Pressure Vessel Shell Sections Market Size by Region (US$ Million), 2027–2032

Table 44. Latin America Forged Pressure Vessel Shell Sections Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 45. Latin America Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2021–2026

Table 46. Latin America Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2027–2032

Table 47. Middle East & Africa Forged Pressure Vessel Shell Sections Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 48. Middle East & Africa Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2021–2026

Table 49. Middle East & Africa Forged Pressure Vessel Shell Sections Market Size by Country (US$ Million), 2027–2032

Table 50. Doosan Enerbility Company Details

Table 51. Doosan Enerbility Business Overview

Table 52. Doosan Enerbility Forged Pressure Vessel Shell Sections Product

Table 53. Doosan Enerbility Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 54. Doosan Enerbility Recent Development

Table 55. The Japan Steel Works Company Details

Table 56. The Japan Steel Works Business Overview

Table 57. The Japan Steel Works Forged Pressure Vessel Shell Sections Product

Table 58. The Japan Steel Works Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 59. The Japan Steel Works Recent Development

Table 60. AEM-Technologies (AEM-Special Steels) Company Details

Table 61. AEM-Technologies (AEM-Special Steels) Business Overview

Table 62. AEM-Technologies (AEM-Special Steels) Forged Pressure Vessel Shell Sections Product

Table 63. AEM-Technologies (AEM-Special Steels) Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 64. AEM-Technologies (AEM-Special Steels) Recent Development

Table 65. Framatome (Creusot Forge) Company Details

Table 66. Framatome (Creusot Forge) Business Overview

Table 67. Framatome (Creusot Forge) Forged Pressure Vessel Shell Sections Product

Table 68. Framatome (Creusot Forge) Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 69. Framatome (Creusot Forge) Recent Development

Table 70. Kobe Steel Company Details

Table 71. Kobe Steel Business Overview

Table 72. Kobe Steel Forged Pressure Vessel Shell Sections Product

Table 73. Kobe Steel Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 74. Kobe Steel Recent Development

Table 75. L&T Special Steels and Heavy Forgings Company Details

Table 76. L&T Special Steels and Heavy Forgings Business Overview

Table 77. L&T Special Steels and Heavy Forgings Forged Pressure Vessel Shell Sections Product

Table 78. L&T Special Steels and Heavy Forgings Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 79. L&T Special Steels and Heavy Forgings Recent Development

Table 80. Scot Forge Company Details

Table 81. Scot Forge Business Overview

Table 82. Scot Forge Forged Pressure Vessel Shell Sections Product

Table 83. Scot Forge Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 84. Scot Forge Recent Development

Table 85. Lehigh Heavy Forge Company Details

Table 86. Lehigh Heavy Forge Business Overview

Table 87. Lehigh Heavy Forge Forged Pressure Vessel Shell Sections Product

Table 88. Lehigh Heavy Forge Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 89. Lehigh Heavy Forge Recent Development

Table 90. Ring Mill Company Details

Table 91. Ring Mill Business Overview

Table 92. Ring Mill Forged Pressure Vessel Shell Sections Product

Table 93. Ring Mill Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 94. Ring Mill Recent Development

Table 95. Sheffield Forgemasters Company Details

Table 96. Sheffield Forgemasters Business Overview

Table 97. Sheffield Forgemasters Forged Pressure Vessel Shell Sections Product

Table 98. Sheffield Forgemasters Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 99. Sheffield Forgemasters Recent Development

Table 100. China First Heavy Industries Company Details

Table 101. China First Heavy Industries Business Overview

Table 102. China First Heavy Industries Forged Pressure Vessel Shell Sections Product

Table 103. China First Heavy Industries Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 104. China First Heavy Industries Recent Development

Table 105. Erzhong (Deyang) Heavy Equipment Company Details

Table 106. Erzhong (Deyang) Heavy Equipment Business Overview

Table 107. Erzhong (Deyang) Heavy Equipment Forged Pressure Vessel Shell Sections Product

Table 108. Erzhong (Deyang) Heavy Equipment Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 109. Erzhong (Deyang) Heavy Equipment Recent Development

Table 110. Shanghai Electric SHMP Casting & Forging Company Details

Table 111. Shanghai Electric SHMP Casting & Forging Business Overview

Table 112. Shanghai Electric SHMP Casting & Forging Forged Pressure Vessel Shell Sections Product

Table 113. Shanghai Electric SHMP Casting & Forging Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 114. Shanghai Electric SHMP Casting & Forging Recent Development

Table 115. Iraeta Energy Equipment Company Details

Table 116. Iraeta Energy Equipment Business Overview

Table 117. Iraeta Energy Equipment Forged Pressure Vessel Shell Sections Product

Table 118. Iraeta Energy Equipment Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 119. Iraeta Energy Equipment Recent Development

Table 120. Tongyu Heavy Industry Company Details

Table 121. Tongyu Heavy Industry Business Overview

Table 122. Tongyu Heavy Industry Forged Pressure Vessel Shell Sections Product

Table 123. Tongyu Heavy Industry Revenue in Forged Pressure Vessel Shell Sections Business (US$ Million), 2021–2026

Table 124. Tongyu Heavy Industry Recent Development

Table 125. Research Programs/Design for This Report

Table 126. Key Data Information from Secondary Sources

Table 127. Key Data Information from Primary Sources

Table 128. Authors List of This Report

List of Figures

Figure 1. Forged Pressure Vessel Shell Sections Picture

Figure 2. Global Forged Pressure Vessel Shell Sections Market Size Comparison by Type (US$ Million), 2021–2032

Figure 3. Global Forged Pressure Vessel Shell Sections Market Share by Type: 2025 vs 2032

Figure 4. Straight Cylindrical Shell Forgings Features

Figure 5. Conical and Transition Shell Forgings Features

Figure 6. Others Features

Figure 7. Global Forged Pressure Vessel Shell Sections Market Size Comparison by Primary Forming Process (US$ Million), 2021–2032

Figure 8. Open-Die and Mandrel-Forged Shells Features

Figure 9. Ring-Rolled and Forged-and-Rolled Shells Features

Figure 10. Global Forged Pressure Vessel Shell Sections Market Size by Application (US$ Million), 2021–2032

Figure 11. Global Forged Pressure Vessel Shell Sections Market Share by Application: 2025 vs 2032

Figure 12. Nuclear Pressure Equipment Case Studies

Figure 13. Petrochemical and Coal-Chemical Reactors Case Studies

Figure 14. High-Pressure Heat Exchangers and Process Vessels Case Studies

Figure 15. High-Pressure Storage Vessels Case Studies

Figure 16. Others Case Studies

Figure 17. Forged Pressure Vessel Shell Sections Report Years Considered

Figure 18. Global Forged Pressure Vessel Shell Sections Market Size (US$ Million), Year-over-Year: 2021–2032

Figure 19. Global Forged Pressure Vessel Shell Sections Market Size, (US$ Million), 2021 vs 2025 vs 2032

Figure 20. Global Forged Pressure Vessel Shell Sections Market Share by Region: 2025 vs 2032

Figure 21. Global Forged Pressure Vessel Shell Sections Market Share by Players in 2025

Figure 22. Global Forged Pressure Vessel Shell Sections Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 23. The Top 10 and 5 Players Market Share by Forged Pressure Vessel Shell Sections Revenue in 2025

Figure 24. North America Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 25. North America Forged Pressure Vessel Shell Sections Market Share by Country (2021–2032)

Figure 26. United States Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 27. Canada Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 28. Europe Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 29. Europe Forged Pressure Vessel Shell Sections Market Share by Country (2021–2032)

Figure 30. Germany Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 31. France Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 32. U.K. Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 33. Italy Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 34. Russia Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 35. Ireland Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 36. Asia-Pacific Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 37. Asia-Pacific Forged Pressure Vessel Shell Sections Market Share by Region (2021–2032)

Figure 38. China Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 39. Japan Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 40. South Korea Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 41. Southeast Asia Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 42. India Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 43. Australia & New Zealand Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 44. Latin America Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 45. Latin America Forged Pressure Vessel Shell Sections Market Share by Country (2021–2032)

Figure 46. Mexico Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 47. Brazil Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 48. Middle East & Africa Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 49. Middle East & Africa Forged Pressure Vessel Shell Sections Market Share by Country (2021–2032)

Figure 50. Israel Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 51. Saudi Arabia Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 52. UAE Forged Pressure Vessel Shell Sections Market Size YoY Growth (US$ Million), 2021–2032

Figure 53. Doosan Enerbility Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 54. The Japan Steel Works Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 55. AEM-Technologies (AEM-Special Steels) Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 56. Framatome (Creusot Forge) Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 57. Kobe Steel Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 58. L&T Special Steels and Heavy Forgings Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 59. Scot Forge Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 60. Lehigh Heavy Forge Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 61. Ring Mill Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 62. Sheffield Forgemasters Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 63. China First Heavy Industries Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 64. Erzhong (Deyang) Heavy Equipment Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 65. Shanghai Electric SHMP Casting & Forging Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 66. Iraeta Energy Equipment Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 67. Tongyu Heavy Industry Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021–2026)

Figure 68. Bottom-up and Top-down Approaches for This Report

Figure 69. Data Triangulation

Figure 70. Key Executives Interviewed

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