"The composite pressure vessels market size was USD 1.87 billion in 2024."
The market size in 2023 was USD 1.64 billion. In 2024, the market experienced a YoY growth of 14.0% to reach a value of USD 1.87 billion.
The market is expected to reach USD 2.32 billion in 2025, witnessing an annual growth of 23.9%.
The market size will reach USD 6.17 billion in 2031, witnessing a market growth (CAGR) of 17.7% during the forecast period of 2025-2031.
Market Size & Global Forecast: "The composite pressure vessels market size was USD 1.87 billion in 2024." The market size in 2023 was USD 1.64 billion. In 2024, the market experienced a YoY growth of 14.0% to reach a value of USD 1.87 billion. The market is expected to reach USD 2.32 b...