In 2020, the revenue of the space-qualified propellant tank market worldwide amounted to approximately 1.6 billion U.S. dollars. This revenue is projected to climb to some 3.07 billion by 2031. The carbon fiber is forecast to be the most important material in the space propellant tank market and it is expected to reach a value of over 1.1 billion U.S. dollars by 2031.
Projected global space-qualified propellant tank market size in 2020 and 2031, by material
(in million U.S. dollars)
Characteristic
2031
2020
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BIS Research. (December 31, 2021). Projected global space-qualified propellant tank market size in 2020 and 2031, by material (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1303061/global-space-propellant-tank-market-size-by-material/
BIS Research. "Projected global space-qualified propellant tank market size in 2020 and 2031, by material (in million U.S. dollars)." Chart. December 31, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1303061/global-space-propellant-tank-market-size-by-material/
BIS Research. (2021). Projected global space-qualified propellant tank market size in 2020 and 2031, by material (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1303061/global-space-propellant-tank-market-size-by-material/
BIS Research. "Projected Global Space-qualified Propellant Tank Market Size in 2020 and 2031, by Material (in Million U.S. Dollars)." Statista, Statista Inc., 31 Dec 2021, https://www.statista.com/statistics/1303061/global-space-propellant-tank-market-size-by-material/
BIS Research, Projected global space-qualified propellant tank market size in 2020 and 2031, by material (in million U.S. dollars) Statista, https://www.statista.com/statistics/1303061/global-space-propellant-tank-market-size-by-material/ (last visited July 22, 2024)
Projected global space-qualified propellant tank market size in 2020 and 2031, by material (in million U.S. dollars) [Graph], BIS Research, December 31, 2021. [Online]. Available: https://www.statista.com/statistics/1303061/global-space-propellant-tank-market-size-by-material/