Global safety valves market is expected to reach USD 6.81 Billion by 2026 at a CAGR of 4.8% during the forecast period from 2019-2026. Adoption of safety valves in industrial processes and rising demand of safety valves from oil & gas market are the two factors which may propel growth of the Safety Valves market
Market Overview:
A safety valve is defined as a valve that acts as a fail-safe. One of the type of safety valve is a pressure relief valve (PRV), which automatically releases a substance from a boiler, pressure vessel, or other system, when the pressure or temperature exceeds preset limits. Pilot-operated relief valves act as a specialized type of pressure safety valve. A leak tight, lower cost, single emergency use option would be a rupture disk. For instance, in May 2017, Yamgaz, a joint-venture led by TechnipFMC with JGC and Chiyoda, awarded Weir Flow Control France a contract to engineer and supply critical service safety valves for Yamal LNG, a major LNG project in northern Russia.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Safety Valves Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The safety valves market is segmented on the basis of material, industry and size.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America region dominated the global safety valves market with USD 1.93 Billion in 2018 where as the Asia Pacific rapidly growing region in the market.
Global Safety Valves Market Competitive Analysis:
Key players in the safety valves market are Emerson, Weir Group, Forbes Marshall, Curtiss-Wright Corporation, Schlumberger, Bosch Rexroth, Baker Hughes (A GE Company), IMI PLC, Alfa Laval, Leser, Frese, ARI-Armaturen, Danfoss, Swagelok, Taylor Valve Technology, SMC Corporation, GEA Group, Aquatrol Valve Company, Parker-Hannifin, VYC Industrial. For instance, in October 2018, Alfa Laval launched an aseptic double-seat valve to its range of Alfa Laval Mixproof valves. It reduces the total cost of ownership for dairy, food, beverage, and other manufacturers by up to 45% compared with the leading Aseptic Double Seat Mixproof valves. Further, it also ensures product safety through full protection against the intrusion of harmful microorganisms, even during unwanted pressure spikes.
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This study forecasts revenue growth and volume at global, regional, and country levels from 2016 to 2026. Fior Market Research has segmented the global safety valves market on the basis of below mentioned segments:
Global Safety Valves Market, By Material:
Global Safety Valves Market, By Size:
Global Safety Valves Market, By Industry:
Global Safety Valves Market, By Regions:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market attractiveness analysis by Material
4.3.2. Market attractiveness analysis by Size
4.3.3. Market attractiveness analysis by Industry
4.3.4. Market attractiveness analysis by Region
4.4. Size Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Adoption of safety valves in industrial processes
5.2.2. Rising demand of safety valves from oil & gas market.
5.2.3. Growth in nuclear energy generation
5.3. Restraints
5.3.1. Decline in oil and gas extraction
5.4. Opportunities
5.4.1. Rising need for safety valve replacement
5.4.2. Use of 3D printers in manufacturing lines
5.5. Challenges
5.5.1. Cost of fabrication is too high
6. Global Safety Valves Market Analysis and Forecast, By Material
6.1. Segment Overview
6.2. Steel
6.3. Cast Iron
6.4. Alloy
6.5. Cryogenic
6.6. Others
6.7.
7. Global Safety Valves Market Analysis and Forecast, By Size
7.1. Segment Overview
7.2. Up to 1"
7.3. 1" to 6"
7.4. 6" to 25"
7.5. 25" to 50"
7.6. 50" and Larger
8. Global Safety Valves Market Analysis and Forecast, By Industry
8.1. Segment Overview
8.2. Oil & Gas
8.3. Energy & Power
8.4. Chemicals
8.5. Water & Wastewater
8.6. Building & Construction
8.7. Pharmaceuticals
8.8. Agriculture
8.9. Metal & Mining
8.10. Paper & Pulp
8.11. Food & Beverages
8.12. Others
9. Global Safety Valves Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. Sweden
9.3.4. Netherlands
9.3.5. U.K.
9.3.6. Italy
9.3.7. Spain
9.3.8. Turkey
9.3.9. Switzerland
9.3.10. Belgium
9.3.11. Rest of Europe
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.4.4. South Korea
9.4.5. Australia
9.4.6. Singapore
9.4.7. Malaysia
9.4.8. Thailand
9.4.9. Indonesia
9.4.10. Philippines
9.4.11. Rest of Asia-Pacific
9.5. South America
9.5.1. Brazil
9.5.2. Argentina
9.5.3. Colombia
9.5.4. Rest of South America
9.6. Middle East and Africa
9.6.1. Saudi Arabia
9.6.2. UAE
9.6.3. Egypt
9.6.4. Nigeria
9.6.5. South Africa
9.6.6. Rest of Middle East and Africa
10. Global Safety Valves Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Safety Valves Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Emerson.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Weir Group
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Forbes Marshall
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Curtiss-Wright Corporation
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Schlumberger
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Bosch Rexroth
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Baker Hughes
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. IMI PLC
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Alfa Laval
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Leser
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Frese
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. ARI-Armaturen
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Danfoss
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Swagelok
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Taylor Valve Technology
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. SMC Corporation
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. GEA Group
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. Aquatrol Valve Company
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Parker-Hannifin
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. VYC Industrial
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Product Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
List of Table
List of Figures
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