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Global Carbon Fiber Pressure Vessel Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Carbon Fiber Pressure Vessel Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Type III
    • 1.3.3 Type IV
    • 1.3.4 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Carbon Fiber Pressure Vessel Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 CNG Storage Tank
    • 1.4.3 SCBA/SCUBA
    • 1.4.4 Hydrogen Storage Tank
    • 1.4.5 Others
  • 1.5 Global Carbon Fiber Pressure Vessel Market Size & Forecast
    • 1.5.1 Global Carbon Fiber Pressure Vessel Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Carbon Fiber Pressure Vessel Sales Quantity (2019-2030)
    • 1.5.3 Global Carbon Fiber Pressure Vessel Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 Luxfer Group
    • 2.1.1 Luxfer Group Details
    • 2.1.2 Luxfer Group Major Business
    • 2.1.3 Luxfer Group Carbon Fiber Pressure Vessel Product and Services
    • 2.1.4 Luxfer Group Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Luxfer Group Recent Developments/Updates
  • 2.2 Iljin Composites Corp
    • 2.2.1 Iljin Composites Corp Details
    • 2.2.2 Iljin Composites Corp Major Business
    • 2.2.3 Iljin Composites Corp Carbon Fiber Pressure Vessel Product and Services
    • 2.2.4 Iljin Composites Corp Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Iljin Composites Corp Recent Developments/Updates
  • 2.3 Faber Industrie SpA
    • 2.3.1 Faber Industrie SpA Details
    • 2.3.2 Faber Industrie SpA Major Business
    • 2.3.3 Faber Industrie SpA Carbon Fiber Pressure Vessel Product and Services
    • 2.3.4 Faber Industrie SpA Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 Faber Industrie SpA Recent Developments/Updates
  • 2.4 Worthington Industries
    • 2.4.1 Worthington Industries Details
    • 2.4.2 Worthington Industries Major Business
    • 2.4.3 Worthington Industries Carbon Fiber Pressure Vessel Product and Services
    • 2.4.4 Worthington Industries Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Worthington Industries Recent Developments/Updates
  • 2.5 3M Scott
    • 2.5.1 3M Scott Details
    • 2.5.2 3M Scott Major Business
    • 2.5.3 3M Scott Carbon Fiber Pressure Vessel Product and Services
    • 2.5.4 3M Scott Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 3M Scott Recent Developments/Updates
  • 2.6 Shenyang Gas Cylinder
    • 2.6.1 Shenyang Gas Cylinder Details
    • 2.6.2 Shenyang Gas Cylinder Major Business
    • 2.6.3 Shenyang Gas Cylinder Carbon Fiber Pressure Vessel Product and Services
    • 2.6.4 Shenyang Gas Cylinder Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 Shenyang Gas Cylinder Recent Developments/Updates
  • 2.7 Toyota
    • 2.7.1 Toyota Details
    • 2.7.2 Toyota Major Business
    • 2.7.3 Toyota Carbon Fiber Pressure Vessel Product and Services
    • 2.7.4 Toyota Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 Toyota Recent Developments/Updates
  • 2.8 Sinoma Science & Technology
    • 2.8.1 Sinoma Science & Technology Details
    • 2.8.2 Sinoma Science & Technology Major Business
    • 2.8.3 Sinoma Science & Technology Carbon Fiber Pressure Vessel Product and Services
    • 2.8.4 Sinoma Science & Technology Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Sinoma Science & Technology Recent Developments/Updates
  • 2.9 Beijing China Tank Industry
    • 2.9.1 Beijing China Tank Industry Details
    • 2.9.2 Beijing China Tank Industry Major Business
    • 2.9.3 Beijing China Tank Industry Carbon Fiber Pressure Vessel Product and Services
    • 2.9.4 Beijing China Tank Industry Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Beijing China Tank Industry Recent Developments/Updates
  • 2.10 AMS Composite Cylinders
    • 2.10.1 AMS Composite Cylinders Details
    • 2.10.2 AMS Composite Cylinders Major Business
    • 2.10.3 AMS Composite Cylinders Carbon Fiber Pressure Vessel Product and Services
    • 2.10.4 AMS Composite Cylinders Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 AMS Composite Cylinders Recent Developments/Updates
  • 2.11 Beijing Tianhai Industry
    • 2.11.1 Beijing Tianhai Industry Details
    • 2.11.2 Beijing Tianhai Industry Major Business
    • 2.11.3 Beijing Tianhai Industry Carbon Fiber Pressure Vessel Product and Services
    • 2.11.4 Beijing Tianhai Industry Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Beijing Tianhai Industry Recent Developments/Updates
  • 2.12 Teijin Engineering Limited
    • 2.12.1 Teijin Engineering Limited Details
    • 2.12.2 Teijin Engineering Limited Major Business
    • 2.12.3 Teijin Engineering Limited Carbon Fiber Pressure Vessel Product and Services
    • 2.12.4 Teijin Engineering Limited Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Teijin Engineering Limited Recent Developments/Updates
  • 2.13 NPROXX
    • 2.13.1 NPROXX Details
    • 2.13.2 NPROXX Major Business
    • 2.13.3 NPROXX Carbon Fiber Pressure Vessel Product and Services
    • 2.13.4 NPROXX Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 NPROXX Recent Developments/Updates
  • 2.14 Doosan
    • 2.14.1 Doosan Details
    • 2.14.2 Doosan Major Business
    • 2.14.3 Doosan Carbon Fiber Pressure Vessel Product and Services
    • 2.14.4 Doosan Carbon Fiber Pressure Vessel Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Doosan Recent Developments/Updates

3 Competitive Environment: Carbon Fiber Pressure Vessel by Manufacturer

  • 3.1 Global Carbon Fiber Pressure Vessel Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Carbon Fiber Pressure Vessel Revenue by Manufacturer (2019-2024)
  • 3.3 Global Carbon Fiber Pressure Vessel Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Carbon Fiber Pressure Vessel by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Carbon Fiber Pressure Vessel Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Carbon Fiber Pressure Vessel Manufacturer Market Share in 2023
  • 3.5 Carbon Fiber Pressure Vessel Market: Overall Company Footprint Analysis
    • 3.5.1 Carbon Fiber Pressure Vessel Market: Region Footprint
    • 3.5.2 Carbon Fiber Pressure Vessel Market: Company Product Type Footprint
    • 3.5.3 Carbon Fiber Pressure Vessel Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Carbon Fiber Pressure Vessel Market Size by Region
    • 4.1.1 Global Carbon Fiber Pressure Vessel Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Carbon Fiber Pressure Vessel Consumption Value by Region (2019-2030)
    • 4.1.3 Global Carbon Fiber Pressure Vessel Average Price by Region (2019-2030)
  • 4.2 North America Carbon Fiber Pressure Vessel Consumption Value (2019-2030)
  • 4.3 Europe Carbon Fiber Pressure Vessel Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Carbon Fiber Pressure Vessel Consumption Value (2019-2030)
  • 4.5 South America Carbon Fiber Pressure Vessel Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Carbon Fiber Pressure Vessel Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Carbon Fiber Pressure Vessel Sales Quantity by Type (2019-2030)
  • 5.2 Global Carbon Fiber Pressure Vessel Consumption Value by Type (2019-2030)
  • 5.3 Global Carbon Fiber Pressure Vessel Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Carbon Fiber Pressure Vessel Sales Quantity by Application (2019-2030)
  • 6.2 Global Carbon Fiber Pressure Vessel Consumption Value by Application (2019-2030)
  • 6.3 Global Carbon Fiber Pressure Vessel Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Carbon Fiber Pressure Vessel Sales Quantity by Type (2019-2030)
  • 7.2 North America Carbon Fiber Pressure Vessel Sales Quantity by Application (2019-2030)
  • 7.3 North America Carbon Fiber Pressure Vessel Market Size by Country
    • 7.3.1 North America Carbon Fiber Pressure Vessel Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Carbon Fiber Pressure Vessel Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Carbon Fiber Pressure Vessel Sales Quantity by Type (2019-2030)
  • 8.2 Europe Carbon Fiber Pressure Vessel Sales Quantity by Application (2019-2030)
  • 8.3 Europe Carbon Fiber Pressure Vessel Market Size by Country
    • 8.3.1 Europe Carbon Fiber Pressure Vessel Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Carbon Fiber Pressure Vessel Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Carbon Fiber Pressure Vessel Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Carbon Fiber Pressure Vessel Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Carbon Fiber Pressure Vessel Market Size by Region
    • 9.3.1 Asia-Pacific Carbon Fiber Pressure Vessel Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Carbon Fiber Pressure Vessel Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Carbon Fiber Pressure Vessel Sales Quantity by Type (2019-2030)
  • 10.2 South America Carbon Fiber Pressure Vessel Sales Quantity by Application (2019-2030)
  • 10.3 South America Carbon Fiber Pressure Vessel Market Size by Country
    • 10.3.1 South America Carbon Fiber Pressure Vessel Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Carbon Fiber Pressure Vessel Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Carbon Fiber Pressure Vessel Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Carbon Fiber Pressure Vessel Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Carbon Fiber Pressure Vessel Market Size by Country
    • 11.3.1 Middle East & Africa Carbon Fiber Pressure Vessel Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Carbon Fiber Pressure Vessel Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Carbon Fiber Pressure Vessel Market Drivers
  • 12.2 Carbon Fiber Pressure Vessel Market Restraints
  • 12.3 Carbon Fiber Pressure Vessel Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Carbon Fiber Pressure Vessel and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Carbon Fiber Pressure Vessel
  • 13.3 Carbon Fiber Pressure Vessel Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Carbon Fiber Pressure Vessel Typical Distributors
  • 14.3 Carbon Fiber Pressure Vessel Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    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.
    According to our (Global Info Research) latest study, the global Carbon Fiber Pressure Vessel market size was valued at US$ 671 million in 2023 and is forecast to a readjusted size of USD 1349 million by 2030 with a CAGR of 10.6% during review period.
    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 is a detailed and comprehensive analysis for global Carbon Fiber Pressure Vessel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
    Key Features:
    Global Carbon Fiber Pressure Vessel market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Units), 2019-2030
    Global Carbon Fiber Pressure Vessel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Units), 2019-2030
    Global Carbon Fiber Pressure Vessel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Units), 2019-2030
    Global Carbon Fiber Pressure Vessel market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Units), 2019-2024
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Carbon Fiber Pressure Vessel
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Carbon Fiber Pressure Vessel market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include 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, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Carbon Fiber Pressure Vessel market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Type III
    Type IV
    Others
    Market segment by Application
    CNG Storage Tank
    SCBA/SCUBA
    Hydrogen Storage Tank
    Others
    Major players covered
    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
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Carbon Fiber Pressure Vessel product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Carbon Fiber Pressure Vessel, with price, sales quantity, revenue, and global market share of Carbon Fiber Pressure Vessel from 2019 to 2024.
    Chapter 3, the Carbon Fiber Pressure Vessel competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Carbon Fiber Pressure Vessel breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Carbon Fiber Pressure Vessel market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Carbon Fiber Pressure Vessel.
    Chapter 14 and 15, to describe Carbon Fiber Pressure Vessel sales channel, distributors, customers, research findings and conclusion.

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