USD 18.7 Billion cby 2033 Fueled by Renewable Energy | Key Players: IHI, L&T, Babcock & Wilcox
The global Pressure Vessels Market, valued at USD 11.6 billion in 2023, is projected to reach USD 18.7 billion by 2033, driven by a robust CAGR of 4.9%. Fueled by industrial growth, increasing energy demand, and stringent safety regulations, pressure vessels are essential for safely storing and processing gases and liquids in industries like oil & gas, chemical, and power generation. This...
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