Pressure Relief Valves Market - Global Industry Analysis

Pressure Relief Valves Market By Product Type(Pilot Operated, Spring Loaded, Dead Weight relief valves and Others), By Set Pressure (High, Low and Medium Pressure), By End Use Industry (Food and Beverage, Leather, Pharmaceutical, Oil and Gas, Energy & Power, Textile, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 06-Aug-2021 Category: Heavy Industry Report Format : PDF Pages: 120 Report Code: ZMR-1861 Status : Published

The Pressure Relief Valves market accounted for USD 4.06 Billion in 2020 and is expected to reach USD 4.92 Billion by 2028, growing at a CAGR of 2.67% from 2021 to 2028.

Description

Pressure Relief Valves Market: Overview

The Pressure Relief Valves Market accounted for USD 4.06 Billion in 2020 and is expected to reach USD 4.92 Billion by 2028, growing at a CAGR of 2.67% from 2021 to 2028.

Pressure valves are used for pressure relieving in the event of equipment failure; these valves are used to control the pressure in the system. An auxiliary passage releases the extra pressure in the systems. A pressure relief valve is designed to function at a predetermined set of pressure to help protect other equipment and vessels from dangerous pressure. If the pressure in the system exceeds a certain threshold, the relief valve automatically switches to the path of least resistance, assisting in pressure retention.

 

COVID-19 Impact Analysis

With the rapid spread of COVID-19, the healthcare and pharmaceutical industries are leading the fight against the pandemic. The surge in the production of critical medical devices essential to cure COVID-19 patients is increasing. Pressure safety valves are used in the production of a variety of medical devices, and several key industry players have seized the opportunity to contribute to the fight against the pandemic.

Pressure Relief Valves Market: Growth Factors

 The reviving oil and gas and chemical industries, combined with rapidly rising industrialization efforts in the developing world, are the primary factors propelling the growth of the global pressure relief valves market. Demand for pressure relief valves is expected to rise as companies are relocating their manufacturing plants and establishing new units across geographies in response to the supply-demand scenario. The growing preference for nuclear energy generation, particularly in countries such as India and China, will drive demand for pressure relief valves. Furthermore, with the majority of refineries planning capacity expansion in the near future, demand for pressure relief valves is expected.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Set Pressure Segment Analysis Preview

Medium pressure relief valves accounted for 50% of demand by set pressure in 2020. Pressure relief valves with a medium pressure range are widely used in a variety of end-use industries such as oil and gas, chemicals, and others. This trend is expected to continue through the forecast period.

End Use Industry Segment Analysis Preview

In 2020, the oil and gas sector accounted for more than 26% of the total value. The growth and expansion of this industry around the world have resulted in high demand for pressure relief valves. Beside oil and gas, chemicals and wastewater management industries are seeing significant growth in the coming years. Oil and gas along with petrochemical developments will make South Asia, Russia, and South America emerging markets for pressure relief valves.

Global Pressure Relief Valves Market Share

Pressure Relief Valves Market: Regional Analysis Preview

North America is expected to dominate the global market for pressure relief valves, owing to the region's large number of chemical processing industries and rapidly expanding oil and gas production. Demand for pressure relief valves in the area is expected to increase, owing to the surging exploration of energy resources by oil and gas companies in the region.

Europe is projected to grow at a CAGR of over 7.8% during the forecast period. Being a global leader in the chemical production European region is expected to continue providing vast opportunities for pressure relief valve manufacturers. Additionally, as the manufacturers focus more on producing chemicals domestically and relying less on imports, the demand for pressure relief valves in the region is evident.

Pressure Relief Valves Market: Key Players & Competitive Landscape

Some of the key players in the Pressure Relief Valves market are General Electric, Emerson Electric Co., Watts Water Technologies, Inc, Weir Group Plc., Alfa Laval Corporate AB, Curtiss-Wright Corp, AGF Manufacturing, Inc., Mercury Manufacturing Company, IMI Plc, and Goetze KG Armaturen, among others.

Global Pressure Relief Valves Market Regional Analysis

The pressure relief valves market is segmented as follows:

By Product Type

  • Pilot Operated
  • Spring Loaded
  • Dead Weight
  • Others

By Set Pressure

  • Low
  • Medium
  • High

By End Use Industry

  • Textile
  • Oil & Gas
  • Energy & Power
  • Chemical Plants
  • Leather
  • Food and Beverage
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

 

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Material
        • 2.1.1.3. Market Attractiveness Analysis, By Industry
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Pressure Relief Valves Market, 2020 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Pressure Relief Valves Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Conventional
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Balanced Bellows
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Pilot Operated
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Vacuum
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Pressure Relief Valves Market – Material Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Material, 2020 & 2028
    • 5.2. Stainless Steel
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Cast Iron
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Alloy
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Cryogenic
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Pressure Relief Valves Market – Industry Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Industry, 2020 & 2028
    • 6.2. Oil & Gas
      • 6.2.1. Market Size and Forecast, By Region (USD Billion)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Energy & Power
      • 6.3.1. Market Size and Forecast, By Region (USD Billion)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Chemicals
      • 6.4.1. Market Size and Forecast, By Region (USD Billion)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Water & Wastewater
      • 6.5.1. Market Size and Forecast, By Region (USD Billion)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.6. Others
      • 6.6.1. Market Size and Forecast, By Region (USD Billion)
      • 6.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7 Pressure Relief Valves Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2020 – 2028 (USD Billion)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2020 – 2028 (USD Billion)
      • 7.2.2. North America Market Revenue, By Type, 2020 – 2028
      • 7.2.3. North America Market Revenue, By Material, 2020 – 2028
      • 7.2.4. North America Market Revenue, By Industry, 2020 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Type, 2020 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Material, 2020 – 2028
        • 7.2.5.3. U.S. Market Revenue, By Industry, 2020 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Type, 2020 – 2028
        • 7.2.6.2. Canada Market Revenue, By Material, 2020 – 2028
        • 7.2.6.3. Canada Market Revenue, By Industry, 2020 – 2028
      • 7.2.7. Mexico
        • 7.2.7.1. Mexico Market Revenue, By Type, 2020 – 2028
        • 7.2.7.2. Mexico Market Revenue, By Material, 2020 – 2028
        • 7.2.7.3. Mexico Market Revenue, By Industry, 2020 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2020 – 2028 (USD Billion)
      • 7.3.2. Europe Market Revenue, By Type, 2020 – 2028
      • 7.3.3. Europe Market Revenue, By Material, 2020 – 2028
      • 7.3.4. Europe Market Revenue, By Industry, 2020 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Type, 2020 – 2028
        • 7.3.5.2. Germany Market Revenue, By Material, 2020 – 2028
        • 7.3.5.3. Germany Market Revenue, By Industry, 2020 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Type, 2020 – 2028
        • 7.3.6.2. France Market Revenue, By Material, 2020 – 2028
        • 7.3.6.3. France Market Revenue, By Industry, 2020 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Type, 2020 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Material, 2020 – 2028
        • 7.3.7.3. U.K. Market Revenue, By Industry, 2020 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Type, 2020 – 2028
        • 7.3.8.2. Italy Market Revenue, By Material, 2020 – 2028
        • 7.3.8.3. Italy Market Revenue, By Industry, 2020 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Type, 2020 – 2028
        • 7.3.9.2. Spain Market Revenue, By Material, 2020 – 2028
        • 7.3.9.3. Spain Market Revenue, By Industry, 2020 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Type, 2020 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Material, 2020 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By Industry, 2020 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2020 – 2028 (USD Billion)
      • 7.4.2. Asia Pacific Market Revenue, By Type, 2020 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Material, 2020 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Industry, 2020 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Type, 2020 – 2028
        • 7.4.5.2. China Market Revenue, By Material, 2020 – 2028
        • 7.4.5.3. China Market Revenue, By Industry, 2020 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Type, 2020 – 2028
        • 7.4.6.2. Japan Market Revenue, By Material, 2020 – 2028
        • 7.4.6.3. Japan Market Revenue, By Industry, 2020 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Type, 2020 – 2028
        • 7.4.7.2. India Market Revenue, By Material, 2020 – 2028
        • 7.4.7.3. India Market Revenue, By Industry, 2020 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Type, 2020 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Material, 2020 – 2028
        • 7.4.8.3. South Korea Market Revenue, By Industry, 2020 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Type, 2020 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Material, 2020 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By Industry, 2020 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2020 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Material, 2020 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By Industry, 2020 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2020 – 2028 (USD Billion)
      • 7.5.2. Latin America Market Revenue, By Type, 2020 – 2028
      • 7.5.3. Latin America Market Revenue, By Material, 2020 – 2028
      • 7.5.4. Latin America Market Revenue, By Industry, 2020 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Type, 2020 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Material, 2020 – 2028
        • 7.5.5.3. Brazil Market Revenue, By Industry, 2020 – 2028
      • 7.5.6. Argentina
        • 7.5.6.1. Argentina Market Revenue, By Type, 2020 – 2028
        • 7.5.6.2. Argentina Market Revenue, By Material, 2020 – 2028
        • 7.5.6.3. Argentina Market Revenue, By Industry, 2020 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Type, 2020 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Material, 2020 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By Industry, 2020 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2020 – 2028 (USD Billion)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Type, 2020 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Material, 2020 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By Industry, 2020 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Type, 2020 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Material, 2020 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By Industry, 2020 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Type, 2020 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Material, 2020 – 2028
        • 7.6.6.3. South Africa Market Revenue, By Industry, 2020 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2020 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Material, 2020 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Industry, 2020 – 2028
  • Chapter No. 8 Pressure Relief Valves Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technology Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9 Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Pressure Relief Valves Market: Company Market Share, 2019
      • 9.1.2. Global Pressure Relief Valves Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 9.1.3. Global Pressure Relief Valves Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Pressure Relief Valves Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10 Company Profiles
    • 10.1. Emerson Electric Co. (US)
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfolio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. LESER (Germany)
    • 10.3. Cameron–Schlumberger Ltd.(US)
    • 10.4. IMI Plc.(Finland)
    • 10.5. Weir Group Plc (UK)
    • 10.6. Baker Hughes (US)
    • 10.7. Bosch Rexroth (Germany)
    • 10.8. Forbes Marshall (India)
    • 10.9. Curtiss-Wright Corporation (US)
    • 10.10. Alfa Laval (Sweden)
    • 10.11. Emerson (US)
  • Chapter No. 11 Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12 Research Methodology
    • 12.1. Research Methodology
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Material
FIG NO. 3. Market Attractiveness Analysis, By Industry
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Pressure Relief Valves Market Revenue, 2020 – 2028 (USD Billion)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. Global Pressure Relief Valves Market for Conventional, Revenue (USD Billion) 2020 – 2028
FIG NO. 9. Comparative Revenue Analysis of Pressure Relief Valves Market for Conventional, By Country, 2020 & 2028
FIG NO. 10. Global Pressure Relief Valves Market for Balanced Bellows, Revenue (USD Billion) 2020 – 2028
FIG NO. 11. Comparative Revenue Analysis of Pressure Relief Valves Market for Balanced Bellows, By Country, 2020 & 2028
FIG NO. 12. Global Pressure Relief Valves Market for Pilot Operated , Revenue (USD Billion) 2020 – 2028
FIG NO. 13. Comparative Revenue Analysis of Pressure Relief Valves Market for Pilot Operated , By Country, 2020 & 2028
FIG NO. 14. Global Pressure Relief Valves Market for Vacuum, Revenue (USD Billion) 2020 – 2028
FIG NO. 15. Comparative Revenue Analysis of Pressure Relief Valves Market for Vacuum, By Country, 2020 & 2028
FIG NO. 16. Market Revenue Share, By Material, 2020 & 2028
FIG NO. 17. Global Pressure Relief Valves Market for Stainless Steel, Revenue (USD Billion) 2020 – 2028
FIG NO. 18. Comparative Revenue Analysis of Pressure Relief Valves Market for Stainless Steel, By Country, 2020 & 2028
FIG NO. 19. Global Pressure Relief Valves Market for Cast Iron, Revenue (USD Billion) 2020 – 2028
FIG NO. 20. Comparative Revenue Analysis of Pressure Relief Valves Market for Cast Iron, By Country, 2020 & 2028
FIG NO. 21. Global Pressure Relief Valves Market for Alloy, Revenue (USD Billion) 2020 – 2028
FIG NO. 22. Comparative Revenue Analysis of Pressure Relief Valves Market for Alloy, By Country, 2020 & 2028
FIG NO. 23. Global Pressure Relief Valves Market for Cryogenic, Revenue (USD Billion) 2020 – 2028
FIG NO. 24. Comparative Revenue Analysis of Pressure Relief Valves Market for Cryogenic, By Country, 2020 & 2028
FIG NO. 25. Market Revenue Share, By Industry, 2020 & 2028
FIG NO. 26. Global Pressure Relief Valves Market for Oil & Gas, Revenue (USD Billion) 2020 – 2028
FIG NO. 27. Comparative Revenue Analysis of Pressure Relief Valves Market for Oil & Gas, By Country, 2020 & 2028
FIG NO. 28. Global Pressure Relief Valves Market for Energy & Power, Revenue (USD Billion) 2020 – 2028
FIG NO. 29. Comparative Revenue Analysis of Pressure Relief Valves Market for Energy & Power, By Country, 2020 & 2028
FIG NO. 30. Global Pressure Relief Valves Market for Chemicals, Revenue (USD Billion) 2020 – 2028
FIG NO. 31. Comparative Revenue Analysis of Pressure Relief Valves Market for Chemicals, By Country, 2020 & 2028
FIG NO. 32. Global Pressure Relief Valves Market for Water & Wastewater, Revenue (USD Billion) 2020 – 2028
FIG NO. 33. Comparative Revenue Analysis of Pressure Relief Valves Market for Water & Wastewater, By Country, 2020 & 2028
FIG NO. 34. Global Pressure Relief Valves Market for Others, Revenue (USD Billion) 2020 – 2028
FIG NO. 35. Comparative Revenue Analysis of Pressure Relief Valves Market for Others, By Country, 2020 & 2028
FIG NO. 36. Global Pressure Relief Valves Market Revenue Share, By Region, 2020 & 2028
FIG NO. 37. North America Pressure Relief Valves Market Revenue, 2020 - 2028 (USD Billion)
FIG NO. 38. Porter’s Five Forces Analysis for Global Pressure Relief Valves Market
FIG NO. 39. PEST Analysis for Global Pressure Relief Valves Market
FIG NO. 40. Pricing Analysis for Global Pressure Relief Valves Market
FIG NO. 41. Value Chain Analysis for Global Pressure Relief Valves Market
FIG NO. 42. Company Share Analysis, 2019
FIG NO. 43. Radar Determinant Chart, 2019
FIG NO. 44. Company Strategic Developments – Heat Map Analysis
FIG NO. 45. Emerson Electric Co. (US) Business Segment Revenue Share, 2020 (%)
FIG NO. 46. Emerson Electric Co. (US) Geographical Segment Revenue Share, 2020 (%)
FIG NO. 47. Market Channels
FIG NO. 48. Marketing Channel Development Trend
FIG NO. 49. Growth in World Gross Product, 2008-2018
FIG NO. 50. Research Methodology – Detailed View
FIG NO. 51. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Pressure Relief Valves Market: Snapshot
TABLE NO. 2. Quarterly Pressure Relief Valves Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Pressure Relief Valves Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. Global Pressure Relief Valves Market for Conventional, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 7. Global Pressure Relief Valves Market for Balanced Bellows, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 8. Global Pressure Relief Valves Market for Pilot Operated , by Region, 2020 – 2028 (USD Billion)
TABLE NO. 9. Global Pressure Relief Valves Market for Vacuum, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 10. Global Pressure Relief Valves Market for Stainless Steel, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 11. Global Pressure Relief Valves Market for Cast Iron, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 12. Global Pressure Relief Valves Market for Alloy, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 13. Global Pressure Relief Valves Market for Cryogenic, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 14. Global Pressure Relief Valves Market for Oil & Gas, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 15. Global Pressure Relief Valves Market for Energy & Power, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 16. Global Pressure Relief Valves Market for Chemicals, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 17. Global Pressure Relief Valves Market for Water & Wastewater, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 18. Global Pressure Relief Valves Market for Others, by Region, 2020 – 2028 (USD Billion)
TABLE NO. 19. Global Pressure Relief Valves Market Revenue, By Region, 2020 – 2028 (USD Billion)
TABLE NO. 20. North America Pressure Relief Valves Market Revenue, By Country, 2020 – 2028 (USD Billion)
TABLE NO. 21. North America Pressure Relief Valves Market Revenue, By Type, 2020 – 2028 (USD Billion)
TABLE NO. 22. North America Pressure Relief Valves Market Revenue, By Material, 2020 – 2028 (USD Billion)
TABLE NO. 23. North America Pressure Relief Valves Market Revenue, By Industry, 2020 – 2028 (USD Billion)
TABLE NO. 24. U.S. Pressure Relief Valves Market Revenue, By Type, 2020 – 2028 (USD Billion)
TABLE NO. 25. U.S. Pressure Relief Valves Market Revenue, By Material, 2020 – 2028 (USD Billion)
TABLE NO. 26. U.S. Pressure Relief Valves Market Revenue, By Industry, 2020 – 2028 (USD Billion)
TABLE NO. 27. Canada Pressure Relief Valves Market Revenue, By Type, 2020 – 2028 (USD Billion)
TABLE NO. 28. Canada Pressure Relief Valves Market Revenue, By Material, 2020 – 2028 (USD Billion)
TABLE NO. 29. Canada Pressure Relief Valves Market Revenue, By Industry, 2020 – 2028 (USD Billion)
TABLE NO. 30. Mexico Pressure Relief Valves Market Revenue, By Type, 2020 – 2028 (USD Billion)
TABLE NO. 31. Mexico Pressure Relief Valves Market Revenue, By Material, 2020 – 2028 (USD Billion)
TABLE NO. 32. Mexico Pressure Relief Valves Market Revenue, By Industry, 2020 – 2028 (USD Billion)
TABLE NO. 33. Drivers for the Pressure Relief Valves Market: Impact Analysis
TABLE NO. 34. Restraints for the Pressure Relief Valves Market: Impact Analysis
TABLE NO. 35. Major Buyers of Pressure Relief Valves
TABLE NO. 36. Distributors/Traders List of Pressure Relief Valves
TABLE NO. 37. Global Pressure Relief Valves Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 38. Global Pressure Relief Valves Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
 

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FrequentlyAsked Questions

The Pressure Relief Valves market was valued at USD 4.06 Billion in 2020.

The Pressure Relief Valves market is expected to reach USD 4.92 Billion by 2028, growing at a CAGR of 2.67% between 2021 to 2028.

The reviving oil and gas and chemical industries, combined with rapidly growing industrialization efforts in the developing world, are the primary factors driving growth in the global pressure relief valves market.

North America is expected to dominate the global pressure relief valves market due to the region's large number of chemical processing industries and rapidly expanding oil and gas production. Demand for pressure relief valves in the region is expected to remain high as oil and gas companies in the region explore more unconventional energy resources, such as shale gas extraction.

Some of key players in Pressure Relief Valves market are General Electric, Emerson Electric Co., Watts Water Technologies, Inc, Weir Group Plc., Alfa Laval Corporate AB, Curtiss-Wright Corp, AGF Manufacturing, Inc., Mercury Manufacturing Company, IMI Plc, and Goetze KG Armaturen, among others.

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