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Global Carbon Fiber Pressure Vessel Market Research Report 2025

Global Carbon Fiber Pressure Vessel Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1548855

No of Pages : 95

Synopsis
Carbon Fiber Reinforced Polymer Composites (CFRP) are lightweight, strong materials used in the manufacturing of numerous products used in our daily life. In general, CFRP composites use thermosetting resins such as epoxy, polyester, or vinyl ester.

Pressure vessel composite materials are used in manufacturing pressure vessels that are used to store gases and liquids under high pressure. The strength of the vessel is the critical parameter to prevent explosions as a result of the rupture. A composite material is a combination of materials differing in composition or form on a macro scale. These materials do not dissolve or otherwise merge completely into each other. Composite materials help to improve the performance and also offers a significant amount of material savings.

Since 1970 pressure vessel manufacturers have been using continuous fibers filaments, also known as tows or roving, to improve the physical properties of pressure vessels. Starting with what the industry calls a type II vessel; high strength fibers, such as glass fiber, were wrapped around the cylindrical sections of steel and aluminum pressure vessels to add reinforcement allowing a roughly 30% reduction in overall vessel mass.

As the fiber reinforcement became more and more significant in pressure vessel design, fiber manufacturers began refining their offerings and experimenting with new fiber types like carbon fiber, which is currently the most popular reinforcement in composite pressure vessels, because of its incredible stiffness and tensile strength. In addition to carbon and glass, new fibers were created such as Kevlar a type of aramid fiber and basalt fiber. These new fibers offered contrasting mechanical properties such as impact resistance, and low temperature resistance to the pressure vessel designer’s arsenal.

As new composite pressure vessel applications emerged, the need for unique mechanical properties and increasing economic pressures create a need for hybrid vessels which could either use distinct and separate layers of fiber for different roles such as impact/ abrasion resistance, or different fibers in the same band to get the properties of both fibers throughout the laminate.

The evolution of vessels and tanks designed to hold liquids and gases under pressure has proceeded through four distinct stages: all-metal tanks (Type I), metal hoop-wrapped composite tanks (Type II), metal-lined composite tanks (Type III) and plastic-lined composite tanks (Type IV). The fifth stage, an all-composite, linerless Type V tank has been the pressure vessel industry’s Holy Grail for years.
The global Carbon Fiber Pressure Vessel market was valued at US$ 566.8 million in 2023 and is anticipated to reach US$ 1211.2 million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.
Global core carbon fiber pressure vessel manufacturers include Luxfer Group, Iljin Composites Corp, Faber Industrie SpA etc. North America is the largest market, occupied for about 30 percent, followed by South Korea, which holds around 21% market share, and China holds a share about 20%. In terms of type, type III carbon fiber pressure vessel segment occupied main global market, holds share over 70 percent. In terms of application, SCBA/SCUBA segment holds share about 26 percent close to 28% for CNG storage tank.
This report aims to provide a comprehensive presentation of the global market for Carbon Fiber Pressure Vessel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Carbon Fiber Pressure Vessel.
Report Scope
The Carbon Fiber Pressure Vessel market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Carbon Fiber Pressure Vessel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Carbon Fiber Pressure Vessel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Luxfer Group
Iljin Composites Corp
Faber Industrie SpA
Worthington Industries
3M Scott
Shenyang Gas Cylinder
Toyota
Sinoma Science & Technology
Beijing China Tank Industry
AMS Composite Cylinders
Beijing Tianhai Industry
Teijin Engineering Limited
NPROXX
Doosan
Segment by Type
Type III
Type IV
Others
Segment by Application
CNG Storage Tank
SCBA/SCUBA
Hydrogen Storage Tank
Others
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Carbon Fiber Pressure Vessel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Carbon Fiber Pressure Vessel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Carbon Fiber Pressure Vessel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Carbon Fiber Pressure Vessel Market Overview
1.1 Product Definition
1.2 Carbon Fiber Pressure Vessel Segment by Type
1.2.1 Global Carbon Fiber Pressure Vessel Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Type III
1.2.3 Type IV
1.2.4 Others
1.3 Carbon Fiber Pressure Vessel Segment by Application
1.3.1 Global Carbon Fiber Pressure Vessel Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 CNG Storage Tank
1.3.3 SCBA/SCUBA
1.3.4 Hydrogen Storage Tank
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Carbon Fiber Pressure Vessel Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Carbon Fiber Pressure Vessel Production Estimates and Forecasts (2019-2030)
1.4.4 Global Carbon Fiber Pressure Vessel Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Carbon Fiber Pressure Vessel Production Market Share by Manufacturers (2019-2024)
2.2 Global Carbon Fiber Pressure Vessel Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Carbon Fiber Pressure Vessel, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Carbon Fiber Pressure Vessel Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Carbon Fiber Pressure Vessel Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Carbon Fiber Pressure Vessel, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Carbon Fiber Pressure Vessel, Product Offered and Application
2.8 Global Key Manufacturers of Carbon Fiber Pressure Vessel, Date of Enter into This Industry
2.9 Carbon Fiber Pressure Vessel Market Competitive Situation and Trends
2.9.1 Carbon Fiber Pressure Vessel Market Concentration Rate
2.9.2 Global 5 and 10 Largest Carbon Fiber Pressure Vessel Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Carbon Fiber Pressure Vessel Production by Region
3.1 Global Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Carbon Fiber Pressure Vessel Production Value by Region (2019-2030)
3.2.1 Global Carbon Fiber Pressure Vessel Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Carbon Fiber Pressure Vessel by Region (2025-2030)
3.3 Global Carbon Fiber Pressure Vessel Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Carbon Fiber Pressure Vessel Production by Region (2019-2030)
3.4.1 Global Carbon Fiber Pressure Vessel Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Carbon Fiber Pressure Vessel by Region (2025-2030)
3.5 Global Carbon Fiber Pressure Vessel Market Price Analysis by Region (2019-2024)
3.6 Global Carbon Fiber Pressure Vessel Production and Value, Year-over-Year Growth
3.6.1 North America Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Carbon Fiber Pressure Vessel Production Value Estimates and Forecasts (2019-2030)
4 Carbon Fiber Pressure Vessel Consumption by Region
4.1 Global Carbon Fiber Pressure Vessel Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Carbon Fiber Pressure Vessel Consumption by Region (2019-2030)
4.2.1 Global Carbon Fiber Pressure Vessel Consumption by Region (2019-2024)
4.2.2 Global Carbon Fiber Pressure Vessel Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Carbon Fiber Pressure Vessel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Carbon Fiber Pressure Vessel Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Carbon Fiber Pressure Vessel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Carbon Fiber Pressure Vessel Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Carbon Fiber Pressure Vessel Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Carbon Fiber Pressure Vessel Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Carbon Fiber Pressure Vessel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Carbon Fiber Pressure Vessel Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Carbon Fiber Pressure Vessel Production by Type (2019-2030)
5.1.1 Global Carbon Fiber Pressure Vessel Production by Type (2019-2024)
5.1.2 Global Carbon Fiber Pressure Vessel Production by Type (2025-2030)
5.1.3 Global Carbon Fiber Pressure Vessel Production Market Share by Type (2019-2030)
5.2 Global Carbon Fiber Pressure Vessel Production Value by Type (2019-2030)
5.2.1 Global Carbon Fiber Pressure Vessel Production Value by Type (2019-2024)
5.2.2 Global Carbon Fiber Pressure Vessel Production Value by Type (2025-2030)
5.2.3 Global Carbon Fiber Pressure Vessel Production Value Market Share by Type (2019-2030)
5.3 Global Carbon Fiber Pressure Vessel Price by Type (2019-2030)
6 Segment by Application
6.1 Global Carbon Fiber Pressure Vessel Production by Application (2019-2030)
6.1.1 Global Carbon Fiber Pressure Vessel Production by Application (2019-2024)
6.1.2 Global Carbon Fiber Pressure Vessel Production by Application (2025-2030)
6.1.3 Global Carbon Fiber Pressure Vessel Production Market Share by Application (2019-2030)
6.2 Global Carbon Fiber Pressure Vessel Production Value by Application (2019-2030)
6.2.1 Global Carbon Fiber Pressure Vessel Production Value by Application (2019-2024)
6.2.2 Global Carbon Fiber Pressure Vessel Production Value by Application (2025-2030)
6.2.3 Global Carbon Fiber Pressure Vessel Production Value Market Share by Application (2019-2030)
6.3 Global Carbon Fiber Pressure Vessel Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Luxfer Group
7.1.1 Luxfer Group Carbon Fiber Pressure Vessel Corporation Information
7.1.2 Luxfer Group Carbon Fiber Pressure Vessel Product Portfolio
7.1.3 Luxfer Group Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Luxfer Group Main Business and Markets Served
7.1.5 Luxfer Group Recent Developments/Updates
7.2 Iljin Composites Corp
7.2.1 Iljin Composites Corp Carbon Fiber Pressure Vessel Corporation Information
7.2.2 Iljin Composites Corp Carbon Fiber Pressure Vessel Product Portfolio
7.2.3 Iljin Composites Corp Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Iljin Composites Corp Main Business and Markets Served
7.2.5 Iljin Composites Corp Recent Developments/Updates
7.3 Faber Industrie SpA
7.3.1 Faber Industrie SpA Carbon Fiber Pressure Vessel Corporation Information
7.3.2 Faber Industrie SpA Carbon Fiber Pressure Vessel Product Portfolio
7.3.3 Faber Industrie SpA Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Faber Industrie SpA Main Business and Markets Served
7.3.5 Faber Industrie SpA Recent Developments/Updates
7.4 Worthington Industries
7.4.1 Worthington Industries Carbon Fiber Pressure Vessel Corporation Information
7.4.2 Worthington Industries Carbon Fiber Pressure Vessel Product Portfolio
7.4.3 Worthington Industries Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Worthington Industries Main Business and Markets Served
7.4.5 Worthington Industries Recent Developments/Updates
7.5 3M Scott
7.5.1 3M Scott Carbon Fiber Pressure Vessel Corporation Information
7.5.2 3M Scott Carbon Fiber Pressure Vessel Product Portfolio
7.5.3 3M Scott Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.5.4 3M Scott Main Business and Markets Served
7.5.5 3M Scott Recent Developments/Updates
7.6 Shenyang Gas Cylinder
7.6.1 Shenyang Gas Cylinder Carbon Fiber Pressure Vessel Corporation Information
7.6.2 Shenyang Gas Cylinder Carbon Fiber Pressure Vessel Product Portfolio
7.6.3 Shenyang Gas Cylinder Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Shenyang Gas Cylinder Main Business and Markets Served
7.6.5 Shenyang Gas Cylinder Recent Developments/Updates
7.7 Toyota
7.7.1 Toyota Carbon Fiber Pressure Vessel Corporation Information
7.7.2 Toyota Carbon Fiber Pressure Vessel Product Portfolio
7.7.3 Toyota Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Toyota Main Business and Markets Served
7.7.5 Toyota Recent Developments/Updates
7.8 Sinoma Science & Technology
7.8.1 Sinoma Science & Technology Carbon Fiber Pressure Vessel Corporation Information
7.8.2 Sinoma Science & Technology Carbon Fiber Pressure Vessel Product Portfolio
7.8.3 Sinoma Science & Technology Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Sinoma Science & Technology Main Business and Markets Served
7.7.5 Sinoma Science & Technology Recent Developments/Updates
7.9 Beijing China Tank Industry
7.9.1 Beijing China Tank Industry Carbon Fiber Pressure Vessel Corporation Information
7.9.2 Beijing China Tank Industry Carbon Fiber Pressure Vessel Product Portfolio
7.9.3 Beijing China Tank Industry Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Beijing China Tank Industry Main Business and Markets Served
7.9.5 Beijing China Tank Industry Recent Developments/Updates
7.10 AMS Composite Cylinders
7.10.1 AMS Composite Cylinders Carbon Fiber Pressure Vessel Corporation Information
7.10.2 AMS Composite Cylinders Carbon Fiber Pressure Vessel Product Portfolio
7.10.3 AMS Composite Cylinders Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.10.4 AMS Composite Cylinders Main Business and Markets Served
7.10.5 AMS Composite Cylinders Recent Developments/Updates
7.11 Beijing Tianhai Industry
7.11.1 Beijing Tianhai Industry Carbon Fiber Pressure Vessel Corporation Information
7.11.2 Beijing Tianhai Industry Carbon Fiber Pressure Vessel Product Portfolio
7.11.3 Beijing Tianhai Industry Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Beijing Tianhai Industry Main Business and Markets Served
7.11.5 Beijing Tianhai Industry Recent Developments/Updates
7.12 Teijin Engineering Limited
7.12.1 Teijin Engineering Limited Carbon Fiber Pressure Vessel Corporation Information
7.12.2 Teijin Engineering Limited Carbon Fiber Pressure Vessel Product Portfolio
7.12.3 Teijin Engineering Limited Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Teijin Engineering Limited Main Business and Markets Served
7.12.5 Teijin Engineering Limited Recent Developments/Updates
7.13 NPROXX
7.13.1 NPROXX Carbon Fiber Pressure Vessel Corporation Information
7.13.2 NPROXX Carbon Fiber Pressure Vessel Product Portfolio
7.13.3 NPROXX Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.13.4 NPROXX Main Business and Markets Served
7.13.5 NPROXX Recent Developments/Updates
7.14 Doosan
7.14.1 Doosan Carbon Fiber Pressure Vessel Corporation Information
7.14.2 Doosan Carbon Fiber Pressure Vessel Product Portfolio
7.14.3 Doosan Carbon Fiber Pressure Vessel Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Doosan Main Business and Markets Served
7.14.5 Doosan Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Carbon Fiber Pressure Vessel Industry Chain Analysis
8.2 Carbon Fiber Pressure Vessel Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Carbon Fiber Pressure Vessel Production Mode & Process
8.4 Carbon Fiber Pressure Vessel Sales and Marketing
8.4.1 Carbon Fiber Pressure Vessel Sales Channels
8.4.2 Carbon Fiber Pressure Vessel Distributors
8.5 Carbon Fiber Pressure Vessel Customers
9 Carbon Fiber Pressure Vessel Market Dynamics
9.1 Carbon Fiber Pressure Vessel Industry Trends
9.2 Carbon Fiber Pressure Vessel Market Drivers
9.3 Carbon Fiber Pressure Vessel Market Challenges
9.4 Carbon Fiber Pressure Vessel Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Published By : QY Research

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