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Germany Pressure Vessel Market
ID: MRFR/EnP/53897-HCR
200 Pages
June 2025
Germany Pressure Vessel Market Research Report: By Material (Steel Alloys, Other alloys, Composites), By Product (Boilers, Nuclear reactors, Separators, Others) andBy Application (Oil & Gas, Chemicals, Power generation, Others)- Forecast to 2035
Industry Developments
The Germany Pressure Vessel Market is experiencing notable developments as major companies, including TGE Gas Engineering, Siemens, Linde, and Thyssenkrupp, are advancing their technologies and operations. In June 2023, Thyssenkrupp announced a significant investment aimed at enhancing the production capabilities for pressure vessels used in hydrogen applications, reflecting the increasing focus on sustainable energy solutions. Additionally, in August 2023, Linde expanded its logistics capabilities in the pressure vessel sector through a strategic partnership with Air Products, targeting the growing demand for natural gas storage solutions. Mergers and acquisitions have also shaped the landscape, highlighted by GEA Group's acquisition of a smaller competitor in July 2023, enhancing its product offerings in pressure vessel technologies. Growth in market valuation is attributed to rising demand in pharmaceutical and chemical industries within Germany, with B. Braun and BASF leading projects that require advanced pressure vessel solutions. Recent trends emphasize compliance with stringent regulations and the integration of digital technologies for enhanced efficiency in production processes. The advancements in this sector underscore Germany's commitment to innovation and technology in managing pressure vessels effectively.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 2.4(USD Billion) |
| MARKET SIZE 2024 | 2.55(USD Billion) |
| MARKET SIZE 2035 | 4.0(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.178% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | TGE Gas Engineering, Siemens, Linde, Hermann F. G. Knauer, GEA Group, B. Braun, Air Products, Krones, Worley, Kuwait Petroleum Corporation, Parker Hannifin, Thyssenkrupp, Groupe PSA, BASF |
| SEGMENTS COVERED | Material, Product, Application |
| KEY MARKET OPPORTUNITIES | Growing demand in renewable energy, Expansion in chemical processing industry, Increasing investments in infrastructure projects, Stringent safety regulations enforcement, Rise in energy efficiency initiatives |
| KEY MARKET DYNAMICS | regulatory compliance requirements, growing industrial automation, increasing demand for energy, advancements in materials technology, aging infrastructure replacement |
| COUNTRIES COVERED | Germany |
FAQs
What is the expected market size of the Germany Pressure Vessel Market in 2024?
The Germany Pressure Vessel Market is expected to be valued at 2.55 USD Billion in 2024.
What is the projected valuation of the Germany Pressure Vessel Market by 2035?
By 2035, the Germany Pressure Vessel Market is projected to reach a valuation of 4.0 USD Billion.
What is the expected CAGR for the Germany Pressure Vessel Market from 2025 to 2035?
The expected CAGR for the Germany Pressure Vessel Market from 2025 to 2035 is 4.178%.
Which materials dominate the Germany Pressure Vessel Market?
The main materials dominating the Germany Pressure Vessel Market are Steel Alloys, Other Alloys, and Composites.
What is the estimated market size for Steel Alloys in the Germany Pressure Vessel Market in 2024?
The market size for Steel Alloys in the Germany Pressure Vessel Market is estimated at 1.35 USD Billion in 2024.
How much is the Other Alloys segment expected to be worth in the Germany Pressure Vessel Market by 2035?
The Other Alloys segment of the Germany Pressure Vessel Market is expected to be valued at 1.25 USD Billion by 2035.
Who are the key players in the Germany Pressure Vessel Market?
Key players in the Germany Pressure Vessel Market include TGE Gas Engineering, Siemens, Linde, and GEA Group among others.
What is the expected market size for Composites in the Germany Pressure Vessel Market in 2024?
The expected market size for Composites in the Germany Pressure Vessel Market is 0.35 USD Billion in 2024.
What are some growth drivers for the Germany Pressure Vessel Market?
Growing industrial applications and advancements in material technology are significant growth drivers for the Germany Pressure Vessel Market.
What regional trends are influencing the growth of the Germany Pressure Vessel Market?
The evolving industrial landscape in Germany and a focus on infrastructure development are key regional trends influencing market growth.
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