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A pressure Relief Valve is a safety device designed to protect a pressurized vessel or system during an overpressure event.
An overpressure event refers to any condition which would cause pressure in a vessel or system to increase beyond the specified design pressure or maximum allowable working pressure (MAWP).
The primary purpose of a pressure Relief Valve is protection of life and property by venting fluid from an overpressurized vessel.
The spring-loaded relief valve is a conventional pressure relief valve that is commonly used in liquid service valves. The valve opens proportionally as the pressure increases to overcome the spring pressure.
Market would still face such risks, including the prolonged US-China trade friction, and the UK's withdrawal from the EU, as well as the economy deteriorated sharply toward the end of the year due to the spread of new coronavirus infections.
Spring-loaded Relief Valve market is fragmented with fierce competition. General Electric is the world leading player in global Spring-loaded Relief Valve market with the market share of 9.09% in 2019, in terms of revenue, followed by Emerson Electric, Weir Group, Curtiss-Wright, Watts, Alfa Laval, CIRCOR, IMI, Aalberts, Parker, Flow Safe, Mercury Manufacturing, Control Devices, AGF Manufacturing, Goetze KG Armaturen, and Aquatrol. The top 16 companies accounted for 52% of the revenue market share in 2019.
Market Analysis and Insights: Global Spring-loaded Relief Valve Market
The global Spring-loaded Relief Valve market was valued at US$ 2052.2 million in 2019 and it is expected to reach US$ 2642.2 million by the end of 2026, growing at a CAGR of 4.0% during 2021-2026.
Global Spring-loaded Relief Valve Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Spring-loaded Relief Valve Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Low Pressure Valve
Medium Pressure Valve
High Pressure Valve
Segment by Application
Oil and Gas
Chemical
Power Generation
Paper Industry
Other
By Company
General Electric
Emerson Electric
Weir Group
Curtiss-Wright
Watts
Alfa Laval
CIRCOR
IMI
Aalberts
Parker
Flow Safe
Mercury Manufacturing
Control Devices
AGF Manufacturing
Goetze KG Armaturen
Aquatrol
Production by Region
North America
Europe
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
An overpressure event refers to any condition which would cause pressure in a vessel or system to increase beyond the specified design pressure or maximum allowable working pressure (MAWP).
The primary purpose of a pressure Relief Valve is protection of life and property by venting fluid from an overpressurized vessel.
The spring-loaded relief valve is a conventional pressure relief valve that is commonly used in liquid service valves. The valve opens proportionally as the pressure increases to overcome the spring pressure.
Market would still face such risks, including the prolonged US-China trade friction, and the UK's withdrawal from the EU, as well as the economy deteriorated sharply toward the end of the year due to the spread of new coronavirus infections.
Spring-loaded Relief Valve market is fragmented with fierce competition. General Electric is the world leading player in global Spring-loaded Relief Valve market with the market share of 9.09% in 2019, in terms of revenue, followed by Emerson Electric, Weir Group, Curtiss-Wright, Watts, Alfa Laval, CIRCOR, IMI, Aalberts, Parker, Flow Safe, Mercury Manufacturing, Control Devices, AGF Manufacturing, Goetze KG Armaturen, and Aquatrol. The top 16 companies accounted for 52% of the revenue market share in 2019.
Market Analysis and Insights: Global Spring-loaded Relief Valve Market
The global Spring-loaded Relief Valve market was valued at US$ 2052.2 million in 2019 and it is expected to reach US$ 2642.2 million by the end of 2026, growing at a CAGR of 4.0% during 2021-2026.
Global Spring-loaded Relief Valve Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Spring-loaded Relief Valve Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Low Pressure Valve
Medium Pressure Valve
High Pressure Valve
Segment by Application
Oil and Gas
Chemical
Power Generation
Paper Industry
Other
By Company
General Electric
Emerson Electric
Weir Group
Curtiss-Wright
Watts
Alfa Laval
CIRCOR
IMI
Aalberts
Parker
Flow Safe
Mercury Manufacturing
Control Devices
AGF Manufacturing
Goetze KG Armaturen
Aquatrol
Production by Region
North America
Europe
Japan
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
