Automotive Pressure Vessels Market Size, Share & Forecast: 2021-26

The Automotive Pressure Vessels Market estimates a healthy growth rate of 16.6% CAGR during the forecast period and to reach US$ 6.6 Billion in 2026.

Despite being suffered by a huge loss in 2020, the automotive pressure vessel market seems to be brighter with a number of growth opportunities for pressure vessel manufacturers in the years to come. The “clean air” initiatives taken by various governments, the presence of natural gas in abundance, and the increasing demand for FCEVs are likely to accelerate the demand for pressure vessels in the coming years.