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UK Pressure Vessel Market
ID: MRFR/EnP/53895-HCR
200 Pages
June 2025
UK 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
Recent developments in the UK Pressure Vessel Market include a marked interest in enhancing safety and compliance standards, spurred by regulations set by the Health and Safety Executive to ensure optimal operational performance. Companies such as Babcock International Group and Jacobs Engineering are focusing on innovation in their services and products to meet these compliance needs. In September 2023, it has been noted that Brammer Buck and Hickman increased their market presence through strategic partnerships, leveraging advanced technologies for improved efficiency. Additionally, the market has observed a significant focus on sustainability, with Linde AG and Metso Outotec investing in eco-friendly pressure vessel technologies. In terms of mergers and acquisitions, Ferguson PLC announced its acquisition of a smaller firm specializing in pressure vessel manufacturing in August 2023, which is seen as a move to strengthen its supply chain capabilities. The valuation of companies in this sector has shown growth, driven by increased demand in the oil and gas sectors as well as renewable energy projects, reflecting a broader trend toward sustainable industrial practices in the UK over the last two to three years.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.8(USD Billion) |
| MARKET SIZE 2024 | 1.9(USD Billion) |
| MARKET SIZE 2035 | 3.3(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.12% (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 | Babcock International Group, Brammer Buck & Hickman, Harsco Infrastructure, CB&I, Ferguson PLC, Jacobs Engineering, Metso Outotec, Linde AG, Parker Hannifin, Charles Lawrence International, Graham Group, Wood Group, Johnson Controls, GSK |
| SEGMENTS COVERED | Material, Product, Application |
| KEY MARKET OPPORTUNITIES | Growing demand for renewable energy, Expansion in chemical processing industries, Increased safety regulations enforcement, Advancements in fabrication technologies, Rising investments in infrastructure projects |
| KEY MARKET DYNAMICS | regulatory compliance pressures, increasing energy efficiency demands, growing industrial automation, rise in maintenance services, environmental sustainability initiatives |
| COUNTRIES COVERED | UK |
FAQs
What is the expected market size of the UK Pressure Vessel Market in 2024?
The UK Pressure Vessel Market is expected to be valued at 1.9 billion USD in 2024.
What will the value of the UK Pressure Vessel Market be by 2035?
By 2035, the UK Pressure Vessel Market is projected to reach a value of 3.3 billion USD.
What is the expected compound annual growth rate (CAGR) for the UK Pressure Vessel Market from 2025 to 2035?
The expected CAGR for the UK Pressure Vessel Market from 2025 to 2035 is 5.12%.
Which materials dominate the UK Pressure Vessel Market, and what are their projected values for 2035?
The dominant materials are Steel Alloys valued at 1.5 billion USD, Other alloys at 0.9 billion USD, and Composites also at 0.9 billion USD by 2035.
Who are the key players in the UK Pressure Vessel Market?
Major players in the UK Pressure Vessel Market include Babcock International Group, Ferguson PLC, and Jacobs Engineering, among others.
What is the expected market growth rate for Steel Alloys in the UK Pressure Vessel Market from 2024 to 2035?
Steel Alloys are expected to grow from 0.9 billion USD in 2024 to 1.5 billion USD by 2035.
What opportunities and emerging trends are anticipated in the UK Pressure Vessel Market by 2035?
Emerging trends include innovation in material technology and increasing demand across various industrial applications.
How is the competitive landscape shaping up in the UK Pressure Vessel Market?
The competitive landscape in the UK Pressure Vessel Market is intensifying due to innovative practices and strategic partnerships among key players.
What impact does the current global scenario have on the UK Pressure Vessel Market?
The current global scenario is likely influencing supply chain dynamics and cost structures in the UK Pressure Vessel Market.
What are the projected market values for Other alloys and Composites in the UK Pressure Vessel Market by 2035?
Both Other alloys and Composites are projected to reach a value of 0.9 billion USD by 2035.
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