Pressure Vessel Market by End-User Industry, by Type, by Material, & by Region - Global Forecast to 2021

1. Pressure Vessel Market by End-User Industry, by Type, by Material, & by Region - Global Forecast to 2021 www.MarketsandMarkets.com

2. Chemicals end-user industry to register the highest growth The chemicals industry requires pressure vessels to store industrial liquids and other materials that are required in the production of their final products; sometimes they are also used to store the final product until shipped. Additionally, the chemicals industry utilizes pressure vessels to convert raw materials by mixing, blending, and heating to produce the final product. The chemicals segment is projected to witness the fastest growth during the forecast period. This growth is attributed to increased annual production growth in the global chemicals industry. This in turn would require deployment of pressure vessels. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=116301805

3. Boilers segment within the pressure vessel market is expected to lead the market Boilers are primarily employed in power plants for generating high pressure steam to produce electricity. It is estimated to be the largest segment, by type, for the pressure vessel market in 2016. Increasing demand for electricity in Asia-Pacific requires integrated equipment for power generation, which in turn, is likely to drive the pressure vessel market. With majority of applications in power generation, this segment has a prospective market in Asia-Pacific. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=116301805

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5. Asia-Pacific is the largest market for pressure vessel Asia-Pacific is the largest pressure vessel market. China and India are the largest markets in the region, due to increasing demand for electricity and power generation capacity additions. Asia-Pacific is expected to grow at the highest rate from 2016 to 2021. Countries such as South Korea, Japan, and Malaysia also have high-growth prospects in the Asia-Pacific pressure vessel market. Increasing focus on renewable power generation and modernization of existing power infrastructure is likely to further boost the demand for pressure vessels in the Asian region. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=116301805

6. Target Audience: • The target audience of this report includes: • Pressure vessel Manufacturers - These include Mitsubishi Heavy Industries, Ltd. (Japan), Babcock and Wilcox Enterprises, Inc. (U.S.), Doosan Heavy Industries & Construction (South Korea), Bharat Heavy Electricals Limited (India), and Larsen & Toubro Limited (India) • End-User Industries– These include chemicals, oil & gas, power, and other sectors • State and national regulatory authorities • International certification agencies • Government and industry associations • State- or government-owned corporations • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=116301805

7. Key players - • The report covers major market players such as: • Mitsubishi Heavy IndustriesLtd. (Japan), • Babcock and Wilcox Enterprises, Inc. (U.S.), • Doosan Heavy Industries & Construction (South Korea), • Bharat Heavy Electricals Limited (India), • Larsen & Toubro Limited (India). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=116301805

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