Pressure Vessel Sealing Surface Grinding Machine Market size was valued at USD 300 Million in 2024 and is forecasted to grow at a CAGR of 5% from 2026 to 2033, reaching USD 450 Million by 2033.
In 2022, the global Pressure Vessel Sealing Surface Grinding Machine market was valued at approximately USD 1.2 billion and is projected to reach USD 2.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.8% from 2024 to 2030. Regionally, Asia Pacific led the market, accounting for 40% of the global revenue, driven by expanding industrial sectors. North America contributed 25%, Europe 20%, Latin America 10%, and the Middle East & Africa held 5% of the market share.The market segmentation by product type indicates that the Horizontal Grinder segment held the largest share in 2023, contributing approximately 60% to the total market revenue, while the Vertical Grinder sub segment accounted for 40%. Notably, the Vertical Grinder segment exhibited the fastest growth due to its precision in surface finishing applications. In terms of applications, the Oil Industry dominated with approximately 35% market share, followed by the Chemical Industry at 25%, Pharmaceutical Industry at 20%, and Food Industry at 15%. The Pharmaceutical Industry is projected to grow at the fastest rate during the forecast period, driven by increasing demand for precision manufacturing and regulatory compliance.
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Kehren GmbH
Lapmaster Wolters GmbH
Thielenhaus Microfinish GmbH
ELB-Schliff Werkzeugmaschinen GmbH
Fives Group
Gleason Corporation
Hurco Companies
Inc.
JUNKER Group
KAPP NILES
Okuma Corporation
Schütte L.L.C.
Starrag Group
UNITED GRINDING North America
Inc.
WALTER Maschinenbau GmbH
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pressure Vessel Sealing Surface Grinding Machine Market
Vertical Grinding Machines
Horizontal Grinding Machines
Universal Grinding Machines
Centerless Grinding Machines
Conventional Grinding
CNC Grinding
Electrolytic Grinding
Centerless Grinding
Aerospace
Oil and Gas
Chemical Processing
Power Generation
Marine
Small-sized Machines
Medium-sized Machines
Large-sized Machines
Manual Grinding Machines
Semi-Automatic Grinding Machines
Fully Automatic Grinding Machines
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pressure Vessel Sealing Surface Grinding Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pressure Vessel Sealing Surface Grinding Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pressure Vessel Sealing Surface Grinding Machine Market, By Type
6. Global Pressure Vessel Sealing Surface Grinding Machine Market, By Application
7. Global Pressure Vessel Sealing Surface Grinding Machine Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Pressure Vessel Sealing Surface Grinding Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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