Pressure Vessels Market - Regional Analysis
APAC Market Insights
The Asia Pacific in the pressure vessels market is anticipated to garner the highest share of 42.4% by the end of 2035. The market’s upliftment in the region is highly fueled by semiconductor-based capital formation, along with the support provided by petrochemical and sustained chemical expansion. According to a data report published by the IBEF Organization in August 2025, the chemical industry in India is diversified and widely categorized into fertilizers, polymers, petrochemicals, agrochemicals, specialty chemicals, and bulk chemicals by covering over 80,000 commercial products. Based on this, the nation readily contributes 7% of its GDP, and the sector accounts for Rs. 21,50,750 crore (USD 250 billion) as of 2024. This is expected to increase to USD 300 billion by the end of 2028, along with Rs. 86,03,000 (USD 1 trillion) by 2040, thereby creating an optimistic outlook for the market.
China in the pressure vessels market is growing significantly, owing to the presence of semiconductor-driven supply chains and upscaled petrochemicals and chemicals that depend on storage, separation, and integrity vessels for reaction. As per an article published by the USCC Government in November 2025, in terms of production localization, 50% of the domestic market share in semiconductors has been targeted, of which only 16.6% has been achieved. Simultaneously, 14% of the country’s market share has been targeted, of which 11% has been added as of 2022. Besides, the country has been successful in gaining international competitiveness in foundational chips, which are readily defined as semiconductors fabricated on 28-nanometer process nodes. Moreover, different targets are set for controlled machines and robotics to ensure a smooth semiconductor supply chain, which, in turn, is suitable for boosting the pressure vessels market.
Controlled Machines and Robotics Targeted Through Semiconductor in China (2025)
|
Components |
Controlled Machines |
Robotics |
|
Objective Type |
Production Localization |
Production Localization |
|
Target |
80% domestic share, along with indigenous spindles, guide rails, and ball screws by 2025. |
70% domestic share by 2025, as well as 1 to 2 topmost international companies. |
|
Details |
An estimated 33% of the domestic share and domination by international organizations. |
52% domestic market share, 30% overall indigenous, as well as 80% to 90% within mid-tier, along with 1 organization. |
Source: USCC Government
India in the pressure vessels market is also growing due to an increase in contribution to the national GDP, diversification across different products, and rapid growth in both chemicals and specialty chemicals. As stated in a data report published by the Department of Chemicals and Petrochemicals in 2024, the value addition in the chemicals industry is projected to reach USD 29.7 billion as of 2024, along with a growth rate of 3.2% between 2024 and 2029. Besides, in this particular industry, 100% FDI in the country is permitted under the automatic route, with exceptions in a few hazardous chemicals. Moreover, the industry generously spends on research and development to the extent of 2% to 3% of the overall turnover, against 9% to 105 by multi-national organizations in overseas nations, thereby creating an optimistic outlook for the overall market.
Europe Market Insights
Europe in the pressure vessels market is expected to emerge as the fastest-growing region during the forecast period. The market’s development in the region is extremely driven by the modernization of nuclear and thermal assets, energy transition projects, and chemical processing. According to an article published by the JCR Publications in December 2025, the region accounts for 7.5% of the global solar thermal technology capacity, with over 3,000 MWth of manufacturing capacity. Additionally, extra-regional exports of solar water heaters are continuing to grow, and meanwhile, the excess domestic trade surplus has amounted to approximately EUR 16 million as of 2024. Besides, as per the June 2025 Eurostat article, the renewable energy sources utilization in cooling and heating is continuing to increase in the region, reaching 26.2% as of 2023. This particular share further increased by 1.2% points in comparison to 25.0% in 2022, thus denoting an optimistic outlook for the overall pressure vessels market.
Germany in the pressure vessels market is gaining increased traction due to the aspect of leadership, advanced process safety standards, and chemical base in industrial decarbonization technologies. As per an article published by the Clean Energy Wire Organization in January 2025, the country’s legally binding 2030 climate target of diminishing emissions by almost 65%, along with huge investments, is required to get the domestic manufacturing industry on a standard pathway for the required emission reductions. Meanwhile, as per the December 2023 Federal Ministry for Economic Affairs and Energy article, the Government of the Federal Republic of Germany and the United Nations Industrial Development Organization (UNIDO) partnered for the Global Matchmaking Platform and the Net Zero Industry. Based on this partnership, the country readily committed to EUR 23 million in seed funding, which denotes a positive impact on the market’s growth.
Poland in the pressure vessels market is also developing due to regional sustainability compliance, modernization of chemical assets, and industrial expansion. As stated in an article published by the Poland State Government in June 2025, there has been an increase in the country’s energy efficiency by 1.5% as of 2023, in comparison to 2022, and the yearly cumulative growth rate accounted for 1.1% in 2022. Besides, the primary energy intensity of GDP reduced by an average of 3.8% every year, while the final energy intensity of GDP also decreased by 2.8% every year. However, the fastest energy efficiency rate optimization has been witnessed in the industry, accounting for 2.6% per year. Therefore, with this increased focus on the aspect of energy efficiency, there is a huge growth opportunity for the market to flourish in the overall country.
North America Market Insights
North America in the pressure vessels market is projected to witness considerable growth by the end of the stipulated timeline. The market’s growth in the region is highly propelled by investments in the energy industry, stringent safety codes, and an increase in the replacement demand. Besides, according to an article published by the National Academy of Engineering in March 2024, the overall per capita utilization of steel in the U.S. is almost 800 kg, which is 1,800 lb per person. Moreover, the goods-producing industries in the overall region comprise 17.6% of the gross domestic product (GDP) as of 2023, along with 70.9% of manufacturing. In addition, manufacturing accounts for only 10.9% of the GDP, and the government expenditure caters to 38.5%. Therefore, all these factors are highly responsible for fueling the market’s growth and expansion in the region.
The pressure vessels market in the U.S. is gaining increasing exposure, owing to the EPA’s Risk Management Program and OSHA’s PSM, significantly incentivizing upgradation and strong integrity management. As per an article published by the C&EN Organization in December 2025, the chemical output in the country is expected to bolster by 0.7% by the end of 2025, denoting a 0.3% surge since 2024. Moreover, as stated in an article published by the Trade Government in 2024, the country is responsible for exporting more than USD 494 billion worth of chemicals as of 2022. In addition, as one of the leaders in chemical production, almost 13% of the world’s chemicals are derived from the country. Meanwhile, the sector includes 14,000 establishments that readily produce more than 70,000 products. Additionally, the domestic chemical manufacturing sector indirectly employed more than 902,300 employees, thereby denoting a massive contribution to the market’s growth.
The pressure vessels market in Canada is also growing due to expansion in the chemical industry, clean energy and government sustainability programs, regulatory and safety compliance, along with materials innovation and advanced manufacturing. As stated in the 2024 Natural Resources Canada report, the actual GDP for the energy, forestry, mining, and mineral sub-sectors catered to an estimated 11%, along with 49% of the overall regional goods, and 1.7 million indirect and direct employment opportunities. In terms of governmental spending, there has been the allocation of USD 14.1 billion for the upcoming 5 years, along with USD 4.1 billion yearly thereafter. Besides, to readily promote a massive utilization of clean fuels, NRCan has administered the USD 1.5 billion Clean Fuels Fund to uplift the clean fuel production capacity in the country, thereby proliferating the market’s exposure.
