Product Code: ETC4530804 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 26 | |
The pressure vessel market in South Korea is crucial for industries that require storage and handling of gases and liquids under high pressure. These vessels are used in chemical processing, energy production, and other industrial applications. The market is driven by stringent safety regulations and the need for efficient and durable pressure containment solutions.
In South Korea, the pressure vessel market is growing due to the expanding industrial infrastructure and increasing demand from sectors such as oil & gas, chemicals, and power generation. Pressure vessels play a crucial role in storing and transporting gases and liquids under high pressure, ensuring safety and operational reliability. Government initiatives promoting renewable energy projects and investments in sustainable technologies are driving market expansion. Furthermore, advancements in material science and manufacturing techniques are enabling the development of lightweight and durable pressure vessel solutions, further stimulating market growth.
Challenges in the pressure vessel market include stringent regulatory requirements for design and manufacturing standards, ensuring safety and reliability in high-pressure applications, and managing lifecycle costs associated with vessel maintenance and inspection.
South Korean government regulations for pressure vessels prioritize safety standards and compliance in industries such as petrochemicals and pharmaceuticals. Policies promote technological advancements, inspection standards, and workforce training.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Pressure Vessel Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Pressure Vessel Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Pressure Vessel Market - Industry Life Cycle |
3.4 South Korea Pressure Vessel Market - Porter's Five Forces |
3.5 South Korea Pressure Vessel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 South Korea Pressure Vessel Market Revenues & Volume Share, By Heat Source, 2021 & 2031F |
3.7 South Korea Pressure Vessel Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 South Korea Pressure Vessel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for pressure vessels in industries such as oil and gas, chemical, and power generation in South Korea |
4.2.2 Growing focus on renewable energy sources leading to investments in solar and wind power projects, driving demand for pressure vessels |
4.2.3 Technological advancements leading to the development of high-performance pressure vessels with improved efficiency and safety features |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards governing the manufacturing and operation of pressure vessels, leading to compliance challenges for manufacturers |
4.3.2 Fluctuations in raw material prices impacting the overall production costs of pressure vessels in South Korea |
5 South Korea Pressure Vessel Market Trends |
6 South Korea Pressure Vessel Market, By Types |
6.1 South Korea Pressure Vessel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Pressure Vessel Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 South Korea Pressure Vessel Market Revenues & Volume, By Boiler, 2021-2031F |
6.1.4 South Korea Pressure Vessel Market Revenues & Volume, By Reactor, 2021-2031F |
6.1.5 South Korea Pressure Vessel Market Revenues & Volume, By Separator, 2021-2031F |
6.2 South Korea Pressure Vessel Market, By Heat Source |
6.2.1 Overview and Analysis |
6.2.2 South Korea Pressure Vessel Market Revenues & Volume, By Fired Pressure Vessel , 2021-2031F |
6.2.3 South Korea Pressure Vessel Market Revenues & Volume, By Unfired Pressure Vessel, 2021-2031F |
6.3 South Korea Pressure Vessel Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Korea Pressure Vessel Market Revenues & Volume, By Storage Vessels , 2021-2031F |
6.3.3 South Korea Pressure Vessel Market Revenues & Volume, By Processing Vessels, 2021-2031F |
7 South Korea Pressure Vessel Market Import-Export Trade Statistics |
7.1 South Korea Pressure Vessel Market Export to Major Countries |
7.2 South Korea Pressure Vessel Market Imports from Major Countries |
8 South Korea Pressure Vessel Market Key Performance Indicators |
8.1 Average lead time for the manufacturing of pressure vessels in South Korea |
8.2 Number of new product innovations and patents registered in the pressure vessel market |
8.3 Percentage of market share held by South Korean pressure vessel manufacturers in the domestic market |
9 South Korea Pressure Vessel Market - Opportunity Assessment |
9.1 South Korea Pressure Vessel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 South Korea Pressure Vessel Market Opportunity Assessment, By Heat Source, 2021 & 2031F |
9.3 South Korea Pressure Vessel Market Opportunity Assessment, By Application, 2021 & 2031F |
10 South Korea Pressure Vessel Market - Competitive Landscape |
10.1 South Korea Pressure Vessel Market Revenue Share, By Companies, 2024 |
10.2 South Korea Pressure Vessel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |