As per Zion Market Research, the safety valves market predicted to surpass USD 5.9 billion by 2025 with a CAGR of 4.5%. The market was capitalized at USD 4.7 billion in 2019.
This report analyzes and estimates the safety valves market at global, regional, and country level. The research study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). Assessment of the safety valves market provides detailed insights of the market drivers and restraints along with their impact analysis at the global level from 2016 to 2025.
The report covers in-depth analysis of the strategies adopted by major competitors in the safety valves market. To understand the competitive landscape in the safety valves market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein type, size, industry vertical, and regional segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the safety valves market based on type, size, industry vertical, and region. All the segments of the safety valves market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025. Based on type, the global safety valves market is further divided into steel, cast iron, alloy, cryogenic, and others. Up to 1”, 1” to 6”, 6" to 25", 25" to 50", and 50" & more form the size segment of global safety valves market. The industry vertical segment is bifurcated into oil & gas, energy & power, chemicals, construction, pharmaceuticals, food & beverages, and others. The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Taiwan, Brazil, and Argentina among others.
Detailed analysis of the major players in the global safety valves market includes their financial overview, business strategies, recent developments, and the product offered by them in the market. This will help in assessing the market competition. Key competitors included in this report are Weir Group, Baker Hughes, IMI, Emerson Electric, Alfa Laval, Bosch Rexroth, Leser, Forbes Marshall, Curtiss-Wright Corporation, and Schlumberger among others.
The report segment of the global safety valves market as follows:
Global Safety Valves Market: Type Segment Analysis
Global Safety Valves Market: Size Segment Analysis
Global Safety Valves Market: Industry Vertical Segment Analysis
Global Safety Valves Market: Regional Segment Analysis