U.S. Pressure Vessels Market Size & Outlook, 2025-2030
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U.S. pressure vessels market highlights
- The U.S. pressure vessels market generated a revenue of USD 10,922.8 million in 2024 and is expected to reach USD 13,145.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.2% from 2025 to 2030.
- In terms of segment, steel was the largest revenue generating material in 2024.
- Titanium is the most lucrative material segment registering the fastest growth during the forecast period.
Pressure vessels market data book summary
| Market revenue in 2024 | USD 10,922.8 million |
| Market revenue in 2030 | USD 13,145.1 million |
| Growth rate | 3.2% (CAGR from 2025 to 2030) |
| Largest segment | Steel |
| Fastest growing segment | Titanium |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Titanium, Nickel & Nickel Alloys, Tantalum, Steel |
Other key industry trends
- In terms of revenue, U.S. accounted for 18.1% of the global pressure vessels market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pressure vessels market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 865.4 million by 2030.
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Pressure Vessels Market Scope
Pressure Vessels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott & Co | View profile | 11-50 | Newark, Nottinghamshire, United Kingdom, Europe | https://www.air-receivers.co.uk |
| Alloy Products Corp | View profile | 101-250 | Waukesha, Wisconsin, United States, North America | https://www.alloyproductscorp.com |
| Samuel, Son & Co | View profile | 5001-10000 | Oakville, Ontario, Canada, North America | https://www.samuel.com |
| Pressure Vessels India | View profile | 11-50 | Pune, Maharashtra, India, Asia | https://www.pressurevesselsindia.com |
| WCR | View profile | 51-100 | Fairborn, Ohio, United States, North America | http://www.wcrhx.com |
| Bharat Heavy Electricals | View profile | 10001+ | New Delhi, Delhi, India, Asia | http://www.bhel.com |
| Doosan Corporation Electro-Materials | View profile | - | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.doosanelectronics.com/ |
| Larsen & Toubro Ltd DR | View profile | 330955 | Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 | https://www.larsentoubro.com |
| IHI Corp | View profile | 28486 | 1-1, Toyosu 3-chome, Koto-ku, Tokyo, Japan, 135-8710 | http://www.ihi.co.jp |
| Mitsubishi Heavy Industries Ltd | View profile | 86331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | https://www.mhi.com |
| Mersen SA | View profile | 7534 | Tour Trinity, 1 bis place de la Defense, Courbevoie, France, 92400 | https://www.mersen.com |
| Xylem Inc | View profile | 23000 | 300 Water Street SE, Washington, DC, United States, 20003 | https://www.xylem.com |
| Babcock & Wilcox Enterprises Inc | View profile | 2250 | 1200 East Market Street, Suite 650, Akron, OH, United States, 44305 | https://www.babcock.com |
U.S. pressure vessels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pressure vessels market will help companies and investors design strategic landscapes.
Steel was the largest segment with a revenue share of 30.12% in 2024. Horizon Databook has segmented the U.S. pressure vessels market based on titanium, nickel & nickel alloys, tantalum, steel covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the pressure vessels market in the U.S. is expected to be driven by significant investments in energy infrastructure and industrial activities. The country's focus on enhancing its oil and gas production capabilities drives demand for reliable pressure vessels.
Furthermore, the increasing emphasis on safety regulations within industries such as chemicals and power generation further propels the need for advanced pressure vessels that meet stringent standards.
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Target buyers of U.S. pressure vessels market databook
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Our clientele includes a mix of pressure vessels market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. pressure vessels market , including forecasts for subscribers. This country databook contains high-level insights into U.S. pressure vessels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. pressure vessels market size, by steel, 2018-2030 (US$M)
U.S. Pressure Vessels Market Outlook Share, 2024 & 2030 (US$M)
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