The Global Nickel Alloy Pressure Vessel Market was valued at US$ 2.851 Billion in 2025 and is projected to reach US$ 3.572 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period (2026–2034). This sustained growth is primarily driven by increasing demand from the oil & gas, petrochemical, and chemical processing industries, where the exceptional corrosion resistance and high-temperature strength of nickel alloys are critical for safe and efficient operations.

As global industries push the boundaries of process efficiency and operational safety under extreme conditions, the role of specialized pressure vessel manufacturers becomes paramount. These vessels are engineered to contain gases or liquids at pressures substantially different from the ambient pressure, and nickel alloys provide the necessary resilience. In this blog, we profile the Top 10 Companies in the Nickel Alloy Pressure Vessel Industry—global engineering giants and specialist fabricators who are defining the standards for reliability and performance in demanding applications.

Download FREE Sample Report:
Nickel Alloy Pressure Vessel Market – View in Detailed Research Report

---

🔟 1. McDermott International, Ltd.

Headquarters: Houston, Texas, USA
Key Offering: Custom-engineered pressure vessels, reactors, columns for upstream and downstream oil & gas

McDermott is a premier, fully-integrated provider of technology, engineering, and construction solutions for the energy industry. The company designs and fabricates some of the world’s most complex nickel alloy pressure vessels for LNG, refining, and petrochemical facilities, leveraging advanced materials like Hastelloy and Inconel for severe service conditions.

Technological & Manufacturing Strengths:

• Global fabrication yards with advanced welding and NDT capabilities

• Expertise in ASME Section VIII, Div. 1 and Div. 2 pressure vessel design

• Focus on modularization to reduce on-site construction time and costs

---

9️⃣ 2. IHI Corporation

Headquarters: Tokyo, Japan
Key Offering: Heavy-duty pressure vessels, heat exchangers, reactors for chemical and power industries

IHI is a leading Japanese heavy industrial manufacturer with a formidable presence in the pressure vessel market. The company’s Industrial Plants & Infrastructure Business Unit specializes in manufacturing high-performance vessels from advanced materials, serving global clients in the energy and chemical sectors with a reputation for precision engineering and quality.

Technological & Manufacturing Strengths:

• Pioneering R&D in materials science for corrosive and high-pressure applications

• Strong EPC (Engineering, Procurement, and Construction) capabilities for turnkey projects

---

8️⃣ 3. Mitsubishi Heavy Industries, Ltd. (MHI)

Headquarters: Tokyo, Japan
Key Offering: Large-scale reactors, separators, and storage tanks for petrochemical and LNG sectors

MHI is a diversified industrial giant with a significant footprint in energy and environment systems. Its pressure vessel division is renowned for producing massive, custom-designed units used in refinery processes, ammonia production, and hydrogen storage, utilizing nickel alloys to ensure longevity and safety in aggressive media.

Technological & Manufacturing Strengths:

• Leadership in carbon capture and hydrogen-related vessel technology

• Integrated manufacturing from material selection to final testing and inspection

Download FREE Sample Report:
Nickel Alloy Pressure Vessel Market – View in Detailed Research Report

---

7️⃣ 4. Hitachi Zosen Corporation

Headquarters: Osaka, Japan
Key Offering: High-pressure reactors, towers, and environmental plant equipment

Hitachi Zosen is a leading engineering company with a long history of manufacturing industrial machinery. It excels in producing sophisticated pressure vessels for chemical synthesis, waste treatment, and power generation. Their expertise in working with corrosion-resistant alloys makes them a key supplier for projects requiring high purity and reliability.

Technological & Manufacturing Strengths:

• Specialization in waste-to-energy and flue gas desulfurization systems

• Advanced cladding and overlay welding techniques for cost-effective alloy use

---

6️⃣ 5. Larsen & Toubro (L&T) Heavy Engineering

Headquarters: Mumbai, India
Key Offering: Custom-built reactors, columns, and high-pressure equipment for refineries

L&T’s Heavy Engineering division is one of India’s largest manufacturers of critical process equipment. It supplies custom-designed nickel alloy pressure vessels to major oil & gas companies worldwide, renowned for its ability to handle complex geometries and stringent delivery schedules while adhering to international quality standards.

Technological & Manufacturing Strengths:

• State-of-the-art manufacturing facilities in India and the Middle East

• Strong track record in supplying to onshore and offshore projects

---

5️⃣ 6. Doosan Enerbility

Headquarters: Seoul, South Korea
Key Offering: Nuclear components, power plant boilers, and heavy-walled pressure vessels

Doosan Enerbility is a global powerhouse in energy infrastructure. The company is a leading supplier of critical components for nuclear and fossil fuel power plants, including massive pressure vessels fabricated from high-grade nickel alloys to withstand radiation, high temperatures, and corrosive coolants.

Technological & Manufacturing Strengths:

• World-class capability for forging and machining ultra-heavy components

• Strategic focus on next-generation nuclear reactor technologies (SMRs)

---

4️⃣ 7. KNM Group Berhad

Headquarters: Kuala Lumpur, Malaysia
Key Offering: Process equipment, pressure vessels, and storage tanks for the energy sector

KNM Group is a leading process equipment manufacturer with a global customer base. The company provides a wide range of engineered equipment, including columns, reactors, and separators crafted from nickel alloys for clients in the refining, petrochemical, and biofuel industries, emphasizing cost-effectiveness without compromising on quality.

Technological & Manufacturing Strengths:

• Strategic manufacturing locations in Asia, Europe, and North America

• Diversified portfolio serving traditional and renewable energy markets

---

3️⃣ 8. Samuel Pressure Vessel Group

Headquarters: Houston, Texas, USA
Key Offering: ASME code pressure vessels, heat exchangers, and API tanks

Samuel Pressure Vessel Group is a prominent North American manufacturer specializing in custom and standard pressure vessels. The company serves a broad spectrum of industries, including chemical processing and oilfield services, with a strong focus on fabricating equipment from corrosion-resistant alloys like Monel and Hastelloy for severe service applications.

Technological & Manufacturing Strengths:

• Quick-response manufacturing for maintenance and turnaround projects

• Extensive inventory of raw materials for reduced lead times

---

2️⃣ 9. Mersen

Headquarters: Paris, France
Key Offering: Highly specialized corrosion-resistant equipment for chemical processing

Mersen is a global expert in electrical power and advanced materials. Its Advanced Materials segment designs and manufactures sophisticated equipment like heat exchangers, columns, and reactors from high-performance alloys, serving the most demanding chemical, pharmaceutical, and semiconductor applications where purity and corrosion resistance are non-negotiable.

Technological & Manufacturing Strengths:

• Deep expertise in graphite and composite materials alongside metals

• Focus on safety-critical applications in sulfuric acid and chlor-alkali industries

---

1️⃣ 10. Belleli Energy

Headquarters: Milan, Italy
Key Offering: Modularized process plant equipment and heavy pressure vessels

Belleli Energy is a recognized international contractor and supplier specializing in the fabrication of heavy components for the energy sector. The company is known for its expertise in constructing large-diameter, high-pressure vessels from nickel alloys, often delivering them as part of pre-assembled modules to streamline client project execution.

Technological & Manufacturing Strengths:

• Strong capabilities in module fabrication and site management

• Strategic focus on gas treatment, LNG, and renewable energy projects

Get Full Report Here:
Nickel Alloy Pressure Vessel Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Nickel Alloy Pressure Vessels is Driven by Efficiency and Sustainability

The nickel alloy pressure vessel market is evolving to meet the demands of a changing industrial landscape. While traditional sectors like oil refining remain key drivers, new growth avenues are emerging from the energy transition, including hydrogen production, carbon capture, and advanced nuclear power.

📈 Key Trends Shaping the Market:

• Rising demand for vessels in blue and green hydrogen production and storage

• Stricter safety and environmental regulations driving replacement and upgrade cycles

• Adoption of digital twins and advanced monitoring for predictive maintenance

• Increasing use of clad materials and overlays to optimize material costs while maintaining performance

Get Full Report Here:
Nickel Alloy Pressure Vessel Market – View in Detailed Research Report

The companies listed above are at the forefront of engineering innovation, not just manufacturing containers but enabling safer and more efficient industrial processes across the globe.