Pressure Relief Valves Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-1861 | Report Format : | Status : Upcoming |

Abstract

Global Pressure Relief Valves Market: Overview

Pressure relief valves are basically used for controlling the pressure within a system if there is an equipment failure or process upset. A pressure relief valve operates at a set pressure that is predetermined in order to assist the vessels and for equipment protection from unsafe pressure. Pressure relief valves find application in a wide range of industries such as power, F&B, oil & gas, pharmaceuticals, and paper & pulp.

Global Pressure Relief Valves Market: Segmentation

The market for pressure relief valves market is globally fragmented into its product type, set pressure, and end-use industry. On the basis of product type, the global market is segregated into pilot operated pressure relief valves, spring-loaded pressure relief valves, dead weight pressure relief valves, and others. Depending on the set pressure, the market is categorized into high pressure, low pressure, and medium pressure. According to the end-user industry, the market is divided into chemical processing industry, paper and pulp industry, food and beverage industry, leather industry, pharmaceutical industry, oil and gas, power industry, textile industry, plastic industry, fertilizers and pesticides, and others. The oil and gas industry is further sub-divided into upstream, downstream, and midstream.

Global Pressure Relief Valves Market: Growth Factors

The developing chemical and oil and gas industry and the rapid industrialization in the developing countries are the major factors that are contributing to the pressure relief valves market. The demand for pressure relief valves is expected to increase in the coming years as the companies keep on relocating their manufacturing plants to different geographical regions depending on the supply and the demand. Different developing countries are inclining towards the nuclear power generation, this factor is also driving the pressure relief valves market. The increase in the concerns regarding the health and safety across all the end-use industries is compelling them to replace their conventional systems with the new ones is triggering the pressure relief valves market.

Global Pressure Relief Valves Market: Regional Analysis

Based on the regions, the market for pressure relief valves is diversified into North America, Western Europe, Eastern Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The factors that attribute the market dominance in the North American region is the significant growth in the number of chemical industries and the expansion in the production of oil and gas. The oil and gas companies in this region are exploring more resources of unconventional energy which include shale gas extraction, thus the demand for pressure relief valves will remain high in the coming years. Western Europe is the global leader in the production of chemical productions, thus anticipating to provide vast opportunities for the manufacturers of pressure relief valves. The Asia Pacific region is focusing on improving their domestic chemical production so that they rely less on western imports; hence, improving the demand for the pressure relief valves. Another factor that is driving the market in Asia Pacific region is the developing power generation projects which include the nuclear power plants is driving the pressure relief valve market.

Global Pressure Relief Valves Market: Competitive Players

The key market players that are involved in the pressure relief valves market include Weir Group Plc., Curtiss Wright Corp., IMI Plc., Flow Safe, Inc., Velan Inc., Goetze KG Armaturen, Pentair Ltd., GE Co., LESER GmbH. & Co. KG, Alfa Laval AB, Conbarco Industries, and Watts Water Technologies, Inc.

Global Pressure Relief Valves Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Woodworking Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2076 | Report Format:

Woodworking Machine Market: Overview The woodworking machine is basically used by the manufacturers to eliminate the huge wastage of the wood which indirectly increases the profitability margin. In the recent years, there is a trend that the customers are making replacements of their old furnitu...Read More

Membrane Air Dryers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2073 | Report Format:

Membrane Air Dryers Market: Overview The membrane air dryers offer an efficient way to restrict the contaminants from the compressed systems. Thus, the membrane air dryers are used as an advanced filtration media that works with existing compressed air system. The membrane air dryers are reliabl...Read More

Industrial Steam Turbines Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2033 | Report Format:

Global Industrial Steam Turbines Market: Overview The steam turbines are used to convert the stored energy that is obtained from the high energy steam into other useful forms of energy such as mechanical and electrical energy. Most general use of the industrial steam turbine is the electricity g...Read More

Superconducting Wire Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2022 | Report Format:

Global Superconducting Wire Market: Overview The superconductors have the phenomenon of the superconductivity which is a property of having no electrical resistance below a definite cryogenic temperature. Various types of superconducting materials are used for the production of the superconducti...Read More

Steam Humidifiers Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Price : $ 3599.00 | Report Code: ZMR-2017 | Report Format:

Global Steam Humidifiers Market: Overview In order to create ideal climatic conditions, the process of humidification is used that helps to maintain the moisture content with the help of the machines. It is required in many of the industrial applications that range from commercial activities to ...Read More

Choose License Type: