Composite Overwrapped Pressure Vessels Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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This report aims to provide a comprehensive presentation of the global market for Composite Overwrapped Pressure Vessels study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Composite Overwrapped Pressure Vessels Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Composite Overwrapped Pressure Vessels Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Composite Overwrapped Pressure Vessels companies in 2021 (%)
The global Composite Overwrapped Pressure Vessels market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Type III Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Composite Overwrapped Pressure Vessels include Luxfer Group, Iljin Composites Corp, Faber Industrie SpA, Worthington Industries, 3M, Shenyang Gas Cylinder, Toyota, Sinoma Science & Technology and Beijing China Tank Industry, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Composite Overwrapped Pressure Vessels manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Composite Overwrapped Pressure Vessels Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Composite Overwrapped Pressure Vessels Market Segment Percentages, by Type, 2021 (%)
Type III
Type IV
Others
Global Composite Overwrapped Pressure Vessels Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Composite Overwrapped Pressure Vessels Market Segment Percentages, by Application, 2021 (%)
CNG Storage Tank
Hydrogen Storage Tank
Others
Global Composite Overwrapped Pressure Vessels Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Composite Overwrapped Pressure Vessels Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Composite Overwrapped Pressure Vessels revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Composite Overwrapped Pressure Vessels revenues share in global market, 2021 (%)
Key companies Composite Overwrapped Pressure Vessels sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Composite Overwrapped Pressure Vessels sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Luxfer Group
Iljin Composites Corp
Faber Industrie SpA
Worthington Industries
3M
Shenyang Gas Cylinder
Toyota
Sinoma Science & Technology
Beijing China Tank Industry
AMS Composite Cylinders
Beijing Tianhai Industry
Teijin Engineering Limited
NPROXX
Doosan
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Composite Overwrapped Pressure Vessels Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Composite Overwrapped Pressure Vessels Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Composite Overwrapped Pressure Vessels Overall Market Size
2.1 Global Composite Overwrapped Pressure Vessels Market Size: 2021 VS 2028
2.2 Global Composite Overwrapped Pressure Vessels Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Composite Overwrapped Pressure Vessels Sales: 2017-2028
3 Company Landscape
3.1 Top Composite Overwrapped Pressure Vessels Players in Global Market
3.2 Top Global Composite Overwrapped Pressure Vessels Companies Ranked by Revenue
3.3 Global Composite Overwrapped Pressure Vessels Revenue by Companies
3.4 Global Composite Overwrapped Pressure Vessels Sales by Companies
3.5 Global Composite Overwrapped Pressure Vessels Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Composite Overwrapped Pressure Vessels Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Composite Overwrapped Pressure Vessels Product Type
3.8 Tier 1, Tier 2 and Tier 3 Composite Overwrapped Pressure Vessels Players in Global Market
3.8.1 List of Global Tier 1 Composite Overwrapped Pressure Vessels Companies
3.8.2 List of Global Tier 2 and Tier 3 Composite Overwrapped Pressure Vessels Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Composite Overwrapped Pressure Vessels Market Size Markets, 2021 & 2028
4.1.2 Type III
4.1.3 Type IV
4.1.4 Others
4.2 By Type - Global Composite Overwrapped Pressure Vessels Revenue & Forecasts
4.2.1 By Type - Global Composite Overwrapped Pressure Vessels Revenue, 2017-2022
4.2.2 By Type - Global Composite Overwrapped Pressure Vessels Revenue, 2023-2028
4.2.3 By Type - Global Composite Overwrapped Pressure Vessels Revenue Market Share, 2017-2028
4.3 By Type - Global Composite Overwrapped Pressure Vessels Sales & Forecasts
4.3.1 By Type - Global Composite Overwrapped Pressure Vessels Sales, 2017-2022
4.3.2 By Type - Global Composite Overwrapped Pressure Vessels Sales, 2023-2028
4.3.3 By Type - Global Composite Overwrapped Pressure Vessels Sales Market Share, 2017-2028
4.4 By Type - Global Composite Overwrapped Pressure Vessels Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Composite Overwrapped Pressure Vessels Market Size, 2021 & 2028
5.1.2 CNG Storage Tank
5.1.3 Hydrogen Storage Tank
5.1.4 Others
5.2 By Application - Global Composite Overwrapped Pressure Vessels Revenue & Forecasts
5.2.1 By Application - Global Composite Overwrapped Pressure Vessels Revenue, 2017-2022
5.2.2 By Application - Global Composite Overwrapped Pressure Vessels Revenue, 2023-2028
5.2.3 By Application - Global Composite Overwrapped Pressure Vessels Revenue Market Share, 2017-2028
5.3 By Application - Global Composite Overwrapped Pressure Vessels Sales & Forecasts
5.3.1 By Application - Global Composite Overwrapped Pressure Vessels Sales, 2017-2022
5.3.2 By Application - Global Composite Overwrapped Pressure Vessels Sales, 2023-2028
5.3.3 By Application - Global Composite Overwrapped Pressure Vessels Sales Market Share, 2017-2028
5.4 By Application - Global Composite Overwrapped Pressure Vessels Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Composite Overwrapped Pressure Vessels Market Size, 2021 & 2028
6.2 By Region - Global Composite Overwrapped Pressure Vessels Revenue & Forecasts
6.2.1 By Region - Global Composite Overwrapped Pressure Vessels Revenue, 2017-2022
6.2.2 By Region - Global Composite Overwrapped Pressure Vessels Revenue, 2023-2028
6.2.3 By Region - Global Composite Overwrapped Pressure Vessels Revenue Market Share, 2017-2028
6.3 By Region - Global Composite Overwrapped Pressure Vessels Sales & Forecasts
6.3.1 By Region - Global Composite Overwrapped Pressure Vessels Sales, 2017-2022
6.3.2 By Region - Global Composite Overwrapped Pressure Vessels Sales, 2023-2028
6.3.3 By Region - Global Composite Overwrapped Pressure Vessels Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Composite Overwrapped Pressure Vessels Revenue, 2017-2028
6.4.2 By Country - North America Composite Overwrapped Pressure Vessels Sales, 2017-2028
6.4.3 US Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.4.4 Canada Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.4.5 Mexico Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Composite Overwrapped Pressure Vessels Revenue, 2017-2028
6.5.2 By Country - Europe Composite Overwrapped Pressure Vessels Sales, 2017-2028
6.5.3 Germany Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.5.4 France Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.5.5 U.K. Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.5.6 Italy Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.5.7 Russia Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.5.8 Nordic Countries Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.5.9 Benelux Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Composite Overwrapped Pressure Vessels Revenue, 2017-2028
6.6.2 By Region - Asia Composite Overwrapped Pressure Vessels Sales, 2017-2028
6.6.3 China Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.6.4 Japan Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.6.5 South Korea Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.6.6 Southeast Asia Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.6.7 India Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Composite Overwrapped Pressure Vessels Revenue, 2017-2028
6.7.2 By Country - South America Composite Overwrapped Pressure Vessels Sales, 2017-2028
6.7.3 Brazil Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.7.4 Argentina Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Composite Overwrapped Pressure Vessels Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Composite Overwrapped Pressure Vessels Sales, 2017-2028
6.8.3 Turkey Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.8.4 Israel Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.8.5 Saudi Arabia Composite Overwrapped Pressure Vessels Market Size, 2017-2028
6.8.6 UAE Composite Overwrapped Pressure Vessels Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Luxfer Group
7.1.1 Luxfer Group Corporate Summary
7.1.2 Luxfer Group Business Overview
7.1.3 Luxfer Group Composite Overwrapped Pressure Vessels Major Product Offerings
7.1.4 Luxfer Group Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.1.5 Luxfer Group Key News
7.2 Iljin Composites Corp
7.2.1 Iljin Composites Corp Corporate Summary
7.2.2 Iljin Composites Corp Business Overview
7.2.3 Iljin Composites Corp Composite Overwrapped Pressure Vessels Major Product Offerings
7.2.4 Iljin Composites Corp Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.2.5 Iljin Composites Corp Key News
7.3 Faber Industrie SpA
7.3.1 Faber Industrie SpA Corporate Summary
7.3.2 Faber Industrie SpA Business Overview
7.3.3 Faber Industrie SpA Composite Overwrapped Pressure Vessels Major Product Offerings
7.3.4 Faber Industrie SpA Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.3.5 Faber Industrie SpA Key News
7.4 Worthington Industries
7.4.1 Worthington Industries Corporate Summary
7.4.2 Worthington Industries Business Overview
7.4.3 Worthington Industries Composite Overwrapped Pressure Vessels Major Product Offerings
7.4.4 Worthington Industries Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.4.5 Worthington Industries Key News
7.5 3M
7.5.1 3M Corporate Summary
7.5.2 3M Business Overview
7.5.3 3M Composite Overwrapped Pressure Vessels Major Product Offerings
7.5.4 3M Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.5.5 3M Key News
7.6 Shenyang Gas Cylinder
7.6.1 Shenyang Gas Cylinder Corporate Summary
7.6.2 Shenyang Gas Cylinder Business Overview
7.6.3 Shenyang Gas Cylinder Composite Overwrapped Pressure Vessels Major Product Offerings
7.6.4 Shenyang Gas Cylinder Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.6.5 Shenyang Gas Cylinder Key News
7.7 Toyota
7.7.1 Toyota Corporate Summary
7.7.2 Toyota Business Overview
7.7.3 Toyota Composite Overwrapped Pressure Vessels Major Product Offerings
7.7.4 Toyota Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.7.5 Toyota Key News
7.8 Sinoma Science & Technology
7.8.1 Sinoma Science & Technology Corporate Summary
7.8.2 Sinoma Science & Technology Business Overview
7.8.3 Sinoma Science & Technology Composite Overwrapped Pressure Vessels Major Product Offerings
7.8.4 Sinoma Science & Technology Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.8.5 Sinoma Science & Technology Key News
7.9 Beijing China Tank Industry
7.9.1 Beijing China Tank Industry Corporate Summary
7.9.2 Beijing China Tank Industry Business Overview
7.9.3 Beijing China Tank Industry Composite Overwrapped Pressure Vessels Major Product Offerings
7.9.4 Beijing China Tank Industry Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.9.5 Beijing China Tank Industry Key News
7.10 AMS Composite Cylinders
7.10.1 AMS Composite Cylinders Corporate Summary
7.10.2 AMS Composite Cylinders Business Overview
7.10.3 AMS Composite Cylinders Composite Overwrapped Pressure Vessels Major Product Offerings
7.10.4 AMS Composite Cylinders Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.10.5 AMS Composite Cylinders Key News
7.11 Beijing Tianhai Industry
7.11.1 Beijing Tianhai Industry Corporate Summary
7.11.2 Beijing Tianhai Industry Composite Overwrapped Pressure Vessels Business Overview
7.11.3 Beijing Tianhai Industry Composite Overwrapped Pressure Vessels Major Product Offerings
7.11.4 Beijing Tianhai Industry Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.11.5 Beijing Tianhai Industry Key News
7.12 Teijin Engineering Limited
7.12.1 Teijin Engineering Limited Corporate Summary
7.12.2 Teijin Engineering Limited Composite Overwrapped Pressure Vessels Business Overview
7.12.3 Teijin Engineering Limited Composite Overwrapped Pressure Vessels Major Product Offerings
7.12.4 Teijin Engineering Limited Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.12.5 Teijin Engineering Limited Key News
7.13 NPROXX
7.13.1 NPROXX Corporate Summary
7.13.2 NPROXX Composite Overwrapped Pressure Vessels Business Overview
7.13.3 NPROXX Composite Overwrapped Pressure Vessels Major Product Offerings
7.13.4 NPROXX Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.13.5 NPROXX Key News
7.14 Doosan
7.14.1 Doosan Corporate Summary
7.14.2 Doosan Business Overview
7.14.3 Doosan Composite Overwrapped Pressure Vessels Major Product Offerings
7.14.4 Doosan Composite Overwrapped Pressure Vessels Sales and Revenue in Global (2017-2022)
7.14.5 Doosan Key News
8 Global Composite Overwrapped Pressure Vessels Production Capacity, Analysis
8.1 Global Composite Overwrapped Pressure Vessels Production Capacity, 2017-2028
8.2 Composite Overwrapped Pressure Vessels Production Capacity of Key Manufacturers in Global Market
8.3 Global Composite Overwrapped Pressure Vessels Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Composite Overwrapped Pressure Vessels Supply Chain Analysis
10.1 Composite Overwrapped Pressure Vessels Industry Value Chain
10.2 Composite Overwrapped Pressure Vessels Upstream Market
10.3 Composite Overwrapped Pressure Vessels Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Composite Overwrapped Pressure Vessels Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Composite Overwrapped Pressure Vessels Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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