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CompositesWorld: Composites end markets. Pressure vessels (2023)

February 6, 2023
Thanks to CompositesWorld for a new #pressurevessels market review!
Driven by the demand for #hydrogenstorage, the pressure vessel market looks very promising for filament-wound composite tanks.
Engineering Technology Corporation, as a primary supplier for composite parts manufacturers, provides advanced filament winding equipment to help customers get an advantage in the fastest-growing markets for advanced composites.
#hydrogenstorage #hydrogenfuelcells #hydrogenfuelcell #hydrogen #H2 #filamentwinding #CNG #RNG #automotive #automotiveindustry #HFCV #FCV

CompositesWorld: Composites end markets. Pressure vessels (2023)

The composite pressure vessel market is fast-growing and now dominated by demand for hydrogen storage. High-pressure gas storage vessels represent one of the largest and fastest-growing markets for advanced composites, particularly for filament-wound carbon fiber composites. The primary end markets are for storage of liquid propane gas (LPG), compressed natural gas (CNG), renewable natural gas (RNG) and hydrogen gas (H2). While LPG tanks can be used in vehicles, there is also a growing market for cooking and heating in developing countries.
NPROXX hydrogen pressure vessels.

Investment in H2 is increasing. Type IV tank manufacturer NPROXX is now a 50/50 joint venture with Cummins, which has also acquired key suppliers of fuel cells and H2-producing electrolyzers. These 500-millimeter-diameter, 2,200-millimeter-long automotive/heavy-duty tanks by NPROXX store H2 at 350 bar. Photo Credit: NPROXX

Highlighted topics:

  • Types of pressure vessels;
  • Market drivers and growth;
  • Emerging hydrogen economy;
  • Pressure vessel economics.

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