"Carbon composite pressure vessels market size was USD 1.7 billion in 2024."
The market size in 2023 was USD 1.5 billion. In 2024, the market experienced a YoY growth of 14.4% to reach a value of USD 1.7 billion.
The market is expected to reach USD 2.1 billion in 2025, witnessing an annual growth of 25.9%.
The market size will reach USD 5.9 billion in 2031, witnessing a market growth (CAGR) of 18.6% during the forecast period of 2025-2031.
Market Size & Global Forecast: "Carbon composite pressure vessels market size was USD 1.7 billion in 2024." The market size in 2023 was USD 1.5 billion. In 2024, the market experienced a YoY growth of 14.4% to reach a value of USD 1.7 billion. The market is expected to reach USD 2.1 bi...