| Product Code: ETC6903023 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of pressure vessel composite materials in Cyprus saw a shift in concentration towards a few key exporting countries in 2024, with Greece, Belgium, Lithuania, China, and Thailand dominating the market. Despite a high concentration level in 2023, the Herfindahl-Hirschman Index (HHI) remained high in 2024, indicating a competitive market. However, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -8.29% from 2020 to 2024, and a steep growth rate decrease of -48.45% from 2023 to 2024, reflecting a challenging period for this sector in Cyprus.

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 Cyprus Pressure Vessel Composite Materials Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Pressure Vessel Composite Materials Market - Industry Life Cycle |
3.4 Cyprus Pressure Vessel Composite Materials Market - Porter's Five Forces |
3.5 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Pressure Vessel Composite Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Pressure Vessel Composite Materials Market Trends |
6 Cyprus Pressure Vessel Composite Materials Market, By Types |
6.1 Cyprus Pressure Vessel Composite Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Epoxy Resin, 2021- 2031F |
6.1.4 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Glass Fiber, 2021- 2031F |
6.1.5 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Carbon Fiber, 2021- 2031F |
6.2 Cyprus Pressure Vessel Composite Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By CNG Vehicle, 2021- 2031F |
6.2.3 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Hydrogen Vehicle, 2021- 2031F |
6.2.4 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Gas Storage, 2021- 2031F |
6.3 Cyprus Pressure Vessel Composite Materials Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.3 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Aircraft and Military, 2021- 2031F |
6.3.4 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.3.5 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Marine, 2021- 2031F |
6.3.6 Cyprus Pressure Vessel Composite Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Cyprus Pressure Vessel Composite Materials Market Import-Export Trade Statistics |
7.1 Cyprus Pressure Vessel Composite Materials Market Export to Major Countries |
7.2 Cyprus Pressure Vessel Composite Materials Market Imports from Major Countries |
8 Cyprus Pressure Vessel Composite Materials Market Key Performance Indicators |
9 Cyprus Pressure Vessel Composite Materials Market - Opportunity Assessment |
9.1 Cyprus Pressure Vessel Composite Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Cyprus Pressure Vessel Composite Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Pressure Vessel Composite Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Pressure Vessel Composite Materials Market - Competitive Landscape |
10.1 Cyprus Pressure Vessel Composite Materials Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Pressure Vessel Composite Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here