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Global Forged Pressure Vessel Shell Sections Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032

Industry: Machinery & Equipment

Published Date: 2026-07-31

Pages: 113 Pages

Report ld: 6983487

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Description
Table of Contents
Table of Figures
Related Reports
PDF Download

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 size was US$ 963 million in 2025 and is forecast to reach a readjusted size of US$ 1402 million by 2032 with a CAGR of 5.6% during the forecast period 2026-2032.

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

The global Forged Pressure Vessel Shell Sections market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2021-2032.

biaoTi Chapter Outline

Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term)

Chapter 2: Quantitative analysis of Forged Pressure Vessel Shell Sections market size and growth potential at global, regional, and country levels

Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus)

Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets

Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities

Chapter 6: Regional revenue breakdown by company, type, application and customer

Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments

Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies

Chapter 9: Actionable conclusions and strategic recommendations.

Why This Report?

Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Forged Pressure Vessel Shell Sections value chain, addressing:

- Market entry risks/opportunities by region

- Product mix optimization based on local practices

- Competitor tactics in fragmented vs. consolidated markets

biaoTi QYResearch's Strengths

Market entry risks/opportunities by region

We identify regional market threats and growth prospects to guide your overseas layout.

Product mix optimization based on local practices

We adjust product portfolios in line with local consumption habits.

Competitor tactics in fragmented vs. consolidated markets

We unpack rivals’ operation strategies for scattered and highly concentrated industries.

Full Research Coverage

We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.

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We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.

24/7 Fast Report Delivery

Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.

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We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.

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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.

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We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.

Table of Contents

1 Report Overview

1.1 Study Scope

1.2 Market by Type

1.2.1 Global Market Size and Growth 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 Application

1.3.1 Global Market Share by Application: 2021 vs 2025 vs 2032

1.3.2 Nuclear Pressure Equipment

1.3.3 Petrochemical and Coal-Chemical Reactors

1.3.4 High-Pressure Heat Exchangers and Process Vessels

1.3.5 High-Pressure Storage Vessels

1.3.6 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

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

2.2 Global Market Size by Region: 2021 vs 2025 vs 2032

2.3 Global Forged Pressure Vessel Shell Sections Market Share by Revenue, by Region (2021-2026)

2.4 Global Forged Pressure Vessel Shell Sections Revenue Forecast by Region (2027-2032)

2.5 Major Regions and Emerging Markets Analysis

2.5.1 North America Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

2.5.2 Europe Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

2.5.3 China Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

2.5.4 Japan Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

2.5.5 Southeast Asia Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

2.5.6 India Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

2.5.7 South America Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

2.5.8 Middle East Forged Pressure Vessel Shell Sections Market Size and Prospective (2021-2032)

3 Breakdown Data by Type

3.1 Global Forged Pressure Vessel Shell Sections Historical Market Size by Type (2021-2026)

3.2 Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Type (2027-2032)

3.3 Representative Players for Different Types of Forged Pressure Vessel Shell Sections

4 Breakdown Data by Application

4.1 Global Forged Pressure Vessel Shell Sections Historical Market Size by Application (2021-2026)

4.2 Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Application (2027-2032)

4.3 New Sources of Growth in Forged Pressure Vessel Shell Sections Applications

5 Competitive Landscape by Players

5.1 Global Top Players by Revenue

5.1.1 Global Top Forged Pressure Vessel Shell Sections Players by Revenue (2021-2026)

5.1.2 Global Forged Pressure Vessel Shell Sections Market Share by Revenue, by Players (2021-2026)

5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

5.3 Players Covered: Ranking by Forged Pressure Vessel Shell Sections Revenue

5.4 Global Forged Pressure Vessel Shell Sections Market Concentration Analysis

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

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

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

5.6 Global Key Players of Forged Pressure Vessel Shell Sections, Product and Application

5.7 Global Key Players of Forged Pressure Vessel Shell Sections, Date of Entry into This Industry

5.8 Mergers & Acquisitions, Expansion Plans

6 Region Analysis

6.1 North America Market: Players, Segments, Downstream and Major Customers

6.1.1 North America Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026)

6.1.2 North America Market Size by Type

6.1.2.1 North America Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026)

6.1.2.2 North America Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

6.1.3 North America Market Size by Application

6.1.3.1 North America Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026)

6.1.3.2 North America Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

6.1.4 North America Forged Pressure Vessel Shell Sections Major Customers

6.1.5 North America Market Trends and Opportunities

6.2 Europe Market: Players, Segments, Downstream and Major Customers

6.2.1 Europe Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026)

6.2.2 Europe Market Size by Type

6.2.2.1 Europe Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026)

6.2.2.2 Europe Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

6.2.3 Europe Market Size by Application

6.2.3.1 Europe Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026)

6.2.3.2 Europe Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

6.2.4 Europe Forged Pressure Vessel Shell Sections Major Customers

6.2.5 Europe Market Trends and Opportunities

6.3 China Market: Players, Segments, Downstream and Major Customers

6.3.1 China Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026)

6.3.2 China Market Size by Type

6.3.2.1 China Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026)

6.3.2.2 China Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

6.3.3 China Market Size by Application

6.3.3.1 China Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026)

6.3.3.2 China Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

6.3.4 China Forged Pressure Vessel Shell Sections Major Customers

6.3.5 China Market Trends and Opportunities

6.4 Japan Market: Players, Segments, Downstream and Major Customers

6.4.1 Japan Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026)

6.4.2 Japan Market Size by Type

6.4.2.1 Japan Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026)

6.4.2.2 Japan Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

6.4.3 Japan Market Size by Application

6.4.3.1 Japan Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026)

6.4.3.2 Japan Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

6.4.4 Japan Forged Pressure Vessel Shell Sections Major Customers

6.4.5 Japan Market Trends and Opportunities

6.5 Southeast Asia Market: Players, Segments, Downstream and Major Customers

6.5.1 Southeast Asia Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026)

6.5.2 Southeast Asia Market Size by Type

6.5.2.1 Southeast Asia Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026)

6.5.2.2 Southeast Asia Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

6.5.3 Southeast Asia Market Size by Application

6.5.3.1 Southeast Asia Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026)

6.5.3.2 Southeast Asia Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

6.5.4 Southeast Asia Forged Pressure Vessel Shell Sections Major Customers

6.5.5 Southeast Asia Market Trends and Opportunities

6.6 India Market: Players, Segments, Downstream and Major Customers

6.6.1 India Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026)

6.6.2 India Market Size by Type

6.6.2.1 India Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026)

6.6.2.2 India Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

6.6.3 India Market Size by Application

6.6.3.1 India Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026)

6.6.3.2 India Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

6.6.4 India Forged Pressure Vessel Shell Sections Major Customers

6.6.5 India Market Trends and Opportunities

7 Key Player Profiles

7.1 Doosan Enerbility

7.1.1 Doosan Enerbility Company Details

7.1.2 Doosan Enerbility Business Overview

7.1.3 Doosan Enerbility Forged Pressure Vessel Shell Sections Introduction

7.1.4 Doosan Enerbility Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.1.5 Doosan Enerbility Recent Development

7.2 The Japan Steel Works

7.2.1 The Japan Steel Works Company Details

7.2.2 The Japan Steel Works Business Overview

7.2.3 The Japan Steel Works Forged Pressure Vessel Shell Sections Introduction

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

7.2.5 The Japan Steel Works Recent Development

7.3 AEM-Technologies (AEM-Special Steels)

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

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

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

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

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

7.4 Framatome (Creusot Forge)

7.4.1 Framatome (Creusot Forge) Company Details

7.4.2 Framatome (Creusot Forge) Business Overview

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

7.4.4 Framatome (Creusot Forge) Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.4.5 Framatome (Creusot Forge) Recent Development

7.5 Kobe Steel

7.5.1 Kobe Steel Company Details

7.5.2 Kobe Steel Business Overview

7.5.3 Kobe Steel Forged Pressure Vessel Shell Sections Introduction

7.5.4 Kobe Steel Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.5.5 Kobe Steel Recent Development

7.6 L&T Special Steels and Heavy Forgings

7.6.1 L&T Special Steels and Heavy Forgings Company Details

7.6.2 L&T Special Steels and Heavy Forgings Business Overview

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

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

7.6.5 L&T Special Steels and Heavy Forgings Recent Development

7.7 Scot Forge

7.7.1 Scot Forge Company Details

7.7.2 Scot Forge Business Overview

7.7.3 Scot Forge Forged Pressure Vessel Shell Sections Introduction

7.7.4 Scot Forge Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.7.5 Scot Forge Recent Development

7.8 Lehigh Heavy Forge

7.8.1 Lehigh Heavy Forge Company Details

7.8.2 Lehigh Heavy Forge Business Overview

7.8.3 Lehigh Heavy Forge Forged Pressure Vessel Shell Sections Introduction

7.8.4 Lehigh Heavy Forge Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.8.5 Lehigh Heavy Forge Recent Development

7.9 Ring Mill

7.9.1 Ring Mill Company Details

7.9.2 Ring Mill Business Overview

7.9.3 Ring Mill Forged Pressure Vessel Shell Sections Introduction

7.9.4 Ring Mill Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.9.5 Ring Mill Recent Development

7.10 Sheffield Forgemasters

7.10.1 Sheffield Forgemasters Company Details

7.10.2 Sheffield Forgemasters Business Overview

7.10.3 Sheffield Forgemasters Forged Pressure Vessel Shell Sections Introduction

7.10.4 Sheffield Forgemasters Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.10.5 Sheffield Forgemasters Recent Development

7.11 China First Heavy Industries

7.11.1 China First Heavy Industries Company Details

7.11.2 China First Heavy Industries Business Overview

7.11.3 China First Heavy Industries Forged Pressure Vessel Shell Sections Introduction

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

7.11.5 China First Heavy Industries Recent Development

7.12 Erzhong (Deyang) Heavy Equipment

7.12.1 Erzhong (Deyang) Heavy Equipment Company Details

7.12.2 Erzhong (Deyang) Heavy Equipment Business Overview

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

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

7.12.5 Erzhong (Deyang) Heavy Equipment Recent Development

7.13 Shanghai Electric SHMP Casting & Forging

7.13.1 Shanghai Electric SHMP Casting & Forging Company Details

7.13.2 Shanghai Electric SHMP Casting & Forging Business Overview

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

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

7.13.5 Shanghai Electric SHMP Casting & Forging Recent Development

7.14 Iraeta Energy Equipment

7.14.1 Iraeta Energy Equipment Company Details

7.14.2 Iraeta Energy Equipment Business Overview

7.14.3 Iraeta Energy Equipment Forged Pressure Vessel Shell Sections Introduction

7.14.4 Iraeta Energy Equipment Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.14.5 Iraeta Energy Equipment Recent Development

7.15 Tongyu Heavy Industry

7.15.1 Tongyu Heavy Industry Company Details

7.15.2 Tongyu Heavy Industry Business Overview

7.15.3 Tongyu Heavy Industry Forged Pressure Vessel Shell Sections Introduction

7.15.4 Tongyu Heavy Industry Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026)

7.15.5 Tongyu Heavy Industry Recent Development

8 Forged Pressure Vessel Shell Sections Market Dynamics

8.1 Forged Pressure Vessel Shell Sections Industry Trends

8.2 Forged Pressure Vessel Shell Sections Market Drivers

8.3 Forged Pressure Vessel Shell Sections Market Challenges

8.4 Forged Pressure Vessel Shell Sections Market Restraints

9 Research Findings and Conclusion

10 Appendix

10.1 Research Methodology

10.1.1 Methodology/Research Approach

10.1.1.1 Research Programs/Design

10.1.1.2 Market Size Estimation

10.1.1.3 Market Breakdown and Data Triangulation

10.1.2 Data Source

10.1.2.1 Secondary Sources

10.1.2.2 Primary Sources

10.2 Author Details

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

Table 3. Global Market Forged Pressure Vessel Shell Sections Market Size (US$ Million) by Region:2021 vs 2025 vs 2032

Table 4. Global Forged Pressure Vessel Shell Sections Revenue (US$ Million) Market Share by Region (2021-2026)

Table 5. Global Forged Pressure Vessel Shell Sections Revenue Share by Region (2021-2026)

Table 6. Global Forged Pressure Vessel Shell Sections Revenue (US$ Million) Forecast by Region (2027-2032)

Table 7. Global Forged Pressure Vessel Shell Sections Revenue Share Forecast by Region (2027-2032)

Table 8. Global Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026) & (US$ Million)

Table 9. Global Forged Pressure Vessel Shell Sections Market Share by Revenue, by Type (2021-2026)

Table 10. Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Type (2027-2032) & (US$ Million)

Table 11. Global Forged Pressure Vessel Shell Sections Market Share by Revenue, by Type (2027-2032)

Table 12. Representative Players of Each Type

Table 13. Global Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026) & (US$ Million)

Table 14. Global Forged Pressure Vessel Shell Sections Market Share by Revenue, by Application (2021-2026)

Table 15. Global Forged Pressure Vessel Shell Sections Forecasted Market Size by Application (2027-2032) & (US$ Million)

Table 16. Global Forged Pressure Vessel Shell Sections Market Share by Revenue, by Application (2027-2032)

Table 17. New Sources of Growth in Forged Pressure Vessel Shell Sections Applications

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

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 Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Forged Pressure Vessel Shell Sections as of 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, Product and Application

Table 25. Global Key Players of Forged Pressure Vessel Shell Sections, Date of Entry into This Industry

Table 26. Mergers & Acquisitions, Expansion Plans

Table 27. North America Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026) & (US$ Million)

Table 28. North America Forged Pressure Vessel Shell Sections Market Share by Revenue, by Company (2021-2026)

Table 29. North America Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026) & (US$ Million)

Table 30. North America Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026) & (US$ Million)

Table 31. Europe Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026) & (US$ Million)

Table 32. Europe Forged Pressure Vessel Shell Sections Market Share by Revenue, by Company (2021-2026)

Table 33. Europe Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026) & (US$ Million)

Table 34. Europe Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026) & (US$ Million)

Table 35. China Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026) & (US$ Million)

Table 36. China Forged Pressure Vessel Shell Sections Market Share by Revenue, by Company (2021-2026)

Table 37. China Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026) & (US$ Million)

Table 38. China Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026) & (US$ Million)

Table 39. Japan Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026) & (US$ Million)

Table 40. Japan Forged Pressure Vessel Shell Sections Market Share by Revenue, by Company (2021-2026)

Table 41. Japan Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026) & (US$ Million)

Table 42. Japan Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026) & (US$ Million)

Table 43. Southeast Asia Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026) & (US$ Million)

Table 44. Southeast Asia Forged Pressure Vessel Shell Sections Market Share by Revenue, by Company (2021-2026)

Table 45. Southeast Asia Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026) & (US$ Million)

Table 46. Southeast Asia Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026) & (US$ Million)

Table 47. India Forged Pressure Vessel Shell Sections Revenue by Company (2021-2026) & (US$ Million)

Table 48. India Forged Pressure Vessel Shell Sections Market Share by Revenue, by Company (2021-2026)

Table 49. India Forged Pressure Vessel Shell Sections Market Size by Type (2021-2026) & (US$ Million)

Table 50. India Forged Pressure Vessel Shell Sections Market Size by Application (2021-2026) & (US$ Million)

Table 51. Doosan Enerbility Company Details

Table 52. Doosan Enerbility Business Overview

Table 53. Doosan Enerbility Forged Pressure Vessel Shell Sections Product

Table 54. Doosan Enerbility Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 55. Doosan Enerbility Recent Development

Table 56. The Japan Steel Works Company Details

Table 57. The Japan Steel Works Business Overview

Table 58. The Japan Steel Works Forged Pressure Vessel Shell Sections Product

Table 59. The Japan Steel Works Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 60. The Japan Steel Works Recent Development

Table 61. AEM-Technologies (AEM-Special Steels) Company Details

Table 62. AEM-Technologies (AEM-Special Steels) Business Overview

Table 63. AEM-Technologies (AEM-Special Steels) Forged Pressure Vessel Shell Sections Product

Table 64. AEM-Technologies (AEM-Special Steels) Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 65. AEM-Technologies (AEM-Special Steels) Recent Development

Table 66. Framatome (Creusot Forge) Company Details

Table 67. Framatome (Creusot Forge) Business Overview

Table 68. Framatome (Creusot Forge) Forged Pressure Vessel Shell Sections Product

Table 69. Framatome (Creusot Forge) Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 70. Framatome (Creusot Forge) Recent Development

Table 71. Kobe Steel Company Details

Table 72. Kobe Steel Business Overview

Table 73. Kobe Steel Forged Pressure Vessel Shell Sections Product

Table 74. Kobe Steel Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 75. Kobe Steel Recent Development

Table 76. L&T Special Steels and Heavy Forgings Company Details

Table 77. L&T Special Steels and Heavy Forgings Business Overview

Table 78. L&T Special Steels and Heavy Forgings Forged Pressure Vessel Shell Sections Product

Table 79. L&T Special Steels and Heavy Forgings Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 80. L&T Special Steels and Heavy Forgings Recent Development

Table 81. Scot Forge Company Details

Table 82. Scot Forge Business Overview

Table 83. Scot Forge Forged Pressure Vessel Shell Sections Product

Table 84. Scot Forge Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 85. Scot Forge Recent Development

Table 86. Lehigh Heavy Forge Company Details

Table 87. Lehigh Heavy Forge Business Overview

Table 88. Lehigh Heavy Forge Forged Pressure Vessel Shell Sections Product

Table 89. Lehigh Heavy Forge Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 90. Lehigh Heavy Forge Recent Development

Table 91. Ring Mill Company Details

Table 92. Ring Mill Business Overview

Table 93. Ring Mill Forged Pressure Vessel Shell Sections Product

Table 94. Ring Mill Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 95. Ring Mill Recent Development

Table 96. Sheffield Forgemasters Company Details

Table 97. Sheffield Forgemasters Business Overview

Table 98. Sheffield Forgemasters Forged Pressure Vessel Shell Sections Product

Table 99. Sheffield Forgemasters Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 100. Sheffield Forgemasters Recent Development

Table 101. China First Heavy Industries Company Details

Table 102. China First Heavy Industries Business Overview

Table 103. China First Heavy Industries Forged Pressure Vessel Shell Sections Product

Table 104. China First Heavy Industries Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 105. China First Heavy Industries Recent Development

Table 106. Erzhong (Deyang) Heavy Equipment Company Details

Table 107. Erzhong (Deyang) Heavy Equipment Business Overview

Table 108. Erzhong (Deyang) Heavy Equipment Forged Pressure Vessel Shell Sections Product

Table 109. Erzhong (Deyang) Heavy Equipment Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 110. Erzhong (Deyang) Heavy Equipment Recent Development

Table 111. Shanghai Electric SHMP Casting & Forging Company Details

Table 112. Shanghai Electric SHMP Casting & Forging Business Overview

Table 113. Shanghai Electric SHMP Casting & Forging Forged Pressure Vessel Shell Sections Product

Table 114. Shanghai Electric SHMP Casting & Forging Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 115. Shanghai Electric SHMP Casting & Forging Recent Development

Table 116. Iraeta Energy Equipment Company Details

Table 117. Iraeta Energy Equipment Business Overview

Table 118. Iraeta Energy Equipment Forged Pressure Vessel Shell Sections Product

Table 119. Iraeta Energy Equipment Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 120. Iraeta Energy Equipment Recent Development

Table 121. Tongyu Heavy Industry Company Details

Table 122. Tongyu Heavy Industry Business Overview

Table 123. Tongyu Heavy Industry Forged Pressure Vessel Shell Sections Product

Table 124. Tongyu Heavy Industry Revenue in Forged Pressure Vessel Shell Sections Business (2021-2026) & (US$ Million)

Table 125. Tongyu Heavy Industry Recent Development

Table 126. Forged Pressure Vessel Shell Sections Market Trends

Table 127. Forged Pressure Vessel Shell Sections Market Drivers

Table 128. Forged Pressure Vessel Shell Sections Market Challenges

Table 129. Forged Pressure Vessel Shell Sections Market Restraints

Table 130. Research Programs/Design for This Report

Table 131. Key Data Information from Secondary Sources

Table 132. Key Data Information from Primary Sources

List of Figures

Figure 1. Forged Pressure Vessel Shell Sections Product Picture

Figure 2. Global Forged Pressure Vessel Shell Sections Market Share by Type: 2025 vs 2032

Figure 3. Straight Cylindrical Shell Forgings Features

Figure 4. Conical and Transition Shell Forgings Features

Figure 5. Others Features

Figure 6. Global Forged Pressure Vessel Shell Sections Market Share by Application: 2025 vs 2032

Figure 7. Nuclear Pressure Equipment

Figure 8. Petrochemical and Coal-Chemical Reactors

Figure 9. High-Pressure Heat Exchangers and Process Vessels

Figure 10. High-Pressure Storage Vessels

Figure 11. Others

Figure 12. Forged Pressure Vessel Shell Sections Report Years Considered

Figure 13. Global Forged Pressure Vessel Shell Sections Market Size (US$ Million), Year-over-Year: 2021-2032

Figure 14. Global Forged Pressure Vessel Shell Sections Market Size, (US$ Million), 2021 vs 2025 vs 2032

Figure 15. Global Forged Pressure Vessel Shell Sections Market Share by Revenue, by Region: 2021 vs 2025

Figure 16. North America Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 17. Europe Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 18. China Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 19. Japan Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 20. Southeast Asia Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 21. India Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 22. South America Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 23. Middle East Forged Pressure Vessel Shell Sections Revenue (US$ Million) Growth Rate (2021-2032)

Figure 24. Global Forged Pressure Vessel Shell Sections Market Share by Players in 2025

Figure 25. Global Top Forged Pressure Vessel Shell Sections Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Forged Pressure Vessel Shell Sections as of 2025)

Figure 26. The Top 10 and 5 Players Market Share by Forged Pressure Vessel Shell Sections Revenue in 2025

Figure 27. North America Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

Figure 28. North America Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

Figure 29. Europe Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

Figure 30. Europe Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

Figure 31. China Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

Figure 32. China Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

Figure 33. Japan Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

Figure 34. Japan Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

Figure 35. Southeast Asia Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

Figure 36. Southeast Asia Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

Figure 37. India Forged Pressure Vessel Shell Sections Market Share by Type (2021-2026)

Figure 38. India Forged Pressure Vessel Shell Sections Market Share by Application (2021-2026)

Figure 39. Doosan Enerbility Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 40. The Japan Steel Works Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 41. AEM-Technologies (AEM-Special Steels) Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 42. Framatome (Creusot Forge) Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 43. Kobe Steel Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 44. L&T Special Steels and Heavy Forgings Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 45. Scot Forge Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 46. Lehigh Heavy Forge Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 47. Ring Mill Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 48. Sheffield Forgemasters Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 49. China First Heavy Industries Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 50. Erzhong (Deyang) Heavy Equipment Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 51. Shanghai Electric SHMP Casting & Forging Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 52. Iraeta Energy Equipment Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 53. Tongyu Heavy Industry Revenue Growth Rate in Forged Pressure Vessel Shell Sections Business (2021-2026)

Figure 54. Bottom-up and Top-down Approaches for This Report

Figure 55. Data Triangulation

Figure 56. Key Executives Interviewed

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