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Safety Valves - Global Market Outlook (2017-2026)

Safety Valves - Global Market Outlook (2017-2026)

Published: April 2019 ID: SMRC18195
Published: April 2019 ID: SMRC18195

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Safety Valves Market is accounted for $4.05 billion in 2017 and is expected to reach $6.45 billion by 2026 growing at a CAGR of 5.3% during the forecast period. Increasing nuclear energy generation, High demand from oil & gas, and growing significance in industrial processes are some of the factors favoring the market growth. In addition, rising usage of 3D printers in manufacturing lines are providing ample opportunities for the market growth. However, high fabrication costs are hampering market growth. 

A valve is a mechanical device that regulates the flow of liquid or gas in a process stream. A safety valve is a fail-safe valve. Safety Valve is a type of valve that automatically actuates when the pressure of inlet side of the valve increases to a predetermined pressure, to open the valve disc and discharge the fluid (steam or gas). The pressure relief valves are the widely used safety valves across the globe.

By End User, Agriculture segment acquired considerable share during forecast period. Safety valves in agriculture are recommended in irrigation and precision farming. In Irrigation, these valves are used to prevent the water hammer and to maintain water column in the delivery pipe.   Based on geography, Asia Pacific is expected to dominate the market during the forecast period due to growing population and rapid urbanization in developing countries which further boost the safety valve market growth in various sectors such as energy & power, chemicals, oil & gas, etc. in this region.    

Some of the key players profiled in the Safety Valves Market include Weir Group, Curtiss-Wright Corporation, Bosch Rexroth, IMI PLC, Leser, Frese, Emerson, Forbes Marshall, Schlumberger, Baker Hughes (A GE Company), Alfa Laval, ARI-Armaturen, Swagelok, GEA Group and VYC Industrial.  
 
Sizes Covered:
• Up to 1"
• 1" to 6"
• 6" to 25" 
•  25" to 50" 
• 50" and Larger 

Materials Covered:
• Cast Iron
• Cryogenic 
• Steel 
• Alloy 
• Cryogenic 
• Other Materials
 
End Users Covered:
• Energy & Power
• Pharmaceuticals
• Oil & Gas 
• Building & Construction 
• Water & Wastewater 
• Metal & Mining 
• Food & Beverages 
• Chemicals 
• Agriculture 
• Paper & Pulp 
• Other End Users 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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