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Pressure Relief Valves - Global Strategic Business Report

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    Report

  • 759 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5030360
The global market for Pressure Relief Valves is estimated at US$4.3 Billion in 2023 and is projected to reach US$6 Billion by 2030, growing at a CAGR of 4.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Spring Loaded Pressure Relief Valves segment, which is expected to reach US$2.6 Billion by 2030 with a CAGR of 3.9%. The Pilot Operated Pressure Relief Valves segment is also set to grow at 4.6% CAGR over the next 8 years.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $736.2 Million in 2023, and China, forecasted to grow at an impressive 5.2% CAGR to reach $1.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Pressure Relief Valves Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Pressure Relief Valves Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Pressure Relief Valves Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Bosch Rexroth AG, Alfa Laval AB, Baker Hughes Company, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 173 Featured):

  • Bosch Rexroth AG
  • Alfa Laval AB
  • Baker Hughes Company
  • Circor International, Inc.
  • Asahi/America, Inc.
  • Braunschweiger Flammenfilter GmbH (PROTEGO)
  • Bucher Hydraulics GmbH
  • Casappa SpA
  • Airaga Rubinetterie SpA
  • Butler Valves and Fittings Ltd.
  • Albert Maier GmbH
  • Clark Solutions
  • Caleffi S.P.A.
  • BERMAD
  • Clippard Instrument Laboratory, Inc.

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • An Introduction to Pressure Relief Valve
  • Evolution of PRVs
  • Key Components of Pressure Relief Valve
  • Parameters to Consider for Selecting PRVs
  • Identifying Failure of Pressure Relief Valves
  • Select Technical Terms Associated with PRV Operation
  • Standards and Codes for Pressure Relief Valves
  • Pressure Relief Valves (PRV) vs. Pressure Safety Valves (PSV)
  • Product Types of Pressure Relief Valves
  • PRV Types by Set Pressure
  • Key End-Uses of PRVs
  • Global Market Overview & Outlook
  • Spring Loaded PRVs: Largest Product Segment
  • World Pressure Relief Valves Market by Product Type (2020 & 2027): Percentage Breakdown of Sales for Spring Loaded, Pilot Operated, Pressure & Temperature Actuated, and Dead Weight
  • Developing Regions to Spearhead Future Growth
  • World Pressure Relief Valves Market (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
  • Competition
  • Pressure Relief Valves - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Thrust Towards Digitalization and Automation across Industries Augurs Well for Long-Term Growth
  • Global Industrial Automation Market (In US$ Billion) for the Years 2021, 2023, 2025 & 2027
  • Rise of Industry 4.0 & Smart Factory Mandates Technology Adjustments to Pressure Relief Valve Technology
  • Global Industry 4.0 Market Size (in US$ Billion) for the Years 2021, 2024 and 2027
  • IIoT to Stir Adoption of Pressure Relief Valve Digitalization
  • Oil & Gas Sector to Remain Dominant End-Use Sector for Pressure Relief Valves
  • Global Daily Crude Oil Demand in Million Barrels for the Years 2015 through 2023
  • Growing Relevance of Pressure Relief Valves in Power Industry
  • China and India Lead the Global Rise in Demand for Electricity: Change in Gross Electricity Demand (GED) in TWh for 2017-50
  • Sustained Opportunities in Nuclear Power Sector
  • Operational and Under Construction Nuclear Power Reactors Worldwide by Country
  • Enhanced Need for Safety in Plants Fuels Widespread Use of Pressure Relief Valves in Chemicals Industry
  • Water & Wastewater Industry: Focus on Infrastructure Development Drives Demand
  • Pulp & Paper Industry: Unique Needs of Mills Set Demand Trends
  • Urban Sprawl Extends Broad-based Opportunities
  • World Urban Population in Thousands: 1950-2050
  • Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
  • Smart City, the New Urban Infrastructure Concept, to Fuel Fresh Wave of Growth
  • Global Market for Smart City Technologies in US$ Million for the Years 2020 and 2027
  • Technology Innovations & Advancements Bolster Market Prospects
  • Technology Improvements Augment Product Design & Efficiency
  • Cartridge Valves: A Key Development in Pressure Relief Valve Segment
  • Innovative Pressure-Reducing Valves Facilitate in Preventing Leaks
  • New High-Flow Pressure Relief Valves for Deep Water
  • Regulations, Codes and Standards
  • Issues & Challenges
  • Poor Performance of PRVs: Analyzing the Reasons
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Pressure Relief Valves Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Pressure Relief Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Pressure Relief Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Pressure Relief Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Spring Loaded by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Spring Loaded by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Spring Loaded by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Pilot Operated by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Pilot Operated by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Pilot Operated by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Pressure & Temperature Actuated by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Pressure & Temperature Actuated by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Pressure & Temperature Actuated by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Dead Weight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Dead Weight by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Dead Weight by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Low Pressure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Low Pressure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Low Pressure by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Medium Pressure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Medium Pressure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Medium Pressure by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for High Pressure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for High Pressure by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for High Pressure by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Chemical Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Chemical Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Chemical Processing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 32: World Recent Past, Current & Future Analysis for Power Generation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 33: World Historic Review for Power Generation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 34: World 16-Year Perspective for Power Generation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 35: World Recent Past, Current & Future Analysis for Water & Wastewater by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 36: World Historic Review for Water & Wastewater by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 37: World 16-Year Perspective for Water & Wastewater by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 38: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 39: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 40: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • United States: Major Market for Pressure Relief Valve
  • Investments in Pipeline Infrastructure Development to Rev Up Long Term Demand
  • US Crude Transport by Mode (2015, 2020 & 2025): Percentage Share Breakdown for Pipeline, Railroads, and Others
CANADA
  • Pressure Relief Valves Market Presence - Strong/Active/Niche - Key Competitors in Canada for 2022 (E)
  • Market Overview
  • Pipeline Programs Favor Growth
JAPAN
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • China: Major Consumer of Pressure Relief Valves
  • Oil & Gas Sector to Emerge as New Growth Vertical
  • Competitive Scenario in the Chinese Industrial valves Market
EUROPE
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Market Overview
FRANCE
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAIN
RUSSIA
  • Market Overview
REST OF EUROPE
ASIA-PACIFIC
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Market Overview
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
  • Market Overview
  • Opportunities in the Oil & Gas Sector
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Pressure Relief Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
  • South Africa: A Prominent Consumer of Pressure Relief Valves
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bosch Rexroth AG
  • Alfa Laval AB
  • Baker Hughes Company
  • Circor International, Inc.
  • Asahi/America, Inc.
  • Braunschweiger Flammenfilter GmbH (PROTEGO)
  • Bucher Hydraulics GmbH
  • Casappa SpA
  • Airaga Rubinetterie SpA
  • Butler Valves and Fittings Ltd.
  • Albert Maier GmbH
  • Clark Solutions
  • Caleffi S.P.A.
  • BERMAD
  • Clippard Instrument Laboratory, Inc.

Table Information