Pressure Relief Valve Market

Pressure Relief Valve Market Study by Spring-loaded, Pilot-operated, Dead Weight, and P&T Actuated Pressure Relief Valves from 2024 to 2034

Analysis of Pressure Relief Valve Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Pressure Relief Valve Market Outlook (2024 to 2034)

The global pressure relief valve market size is calculated at US$ 4.7 billion for 2024 and is projected to reach a valuation of US$ 7.39 billion by 2034-end. Worldwide sales of pressure relief valves are predicted to increase at a steady CAGR of 4.6% from 2024 to 2034.

A pressure relief valve (PRV) is a safety device designed to protect pressurized systems by releasing excess pressure. It automatically opens to relieve pressure in a system when it exceeds a predetermined level, preventing potential damage to equipment and ensuring the safety of the overall system. Pressure relief valves or industrial safety values are commonly used in various industries, including manufacturing, petrochemical, pharmaceutical, and power generation. They play a crucial role in maintaining the integrity of pressure vessels, pipelines, and other pressurized systems by preventing overpressure conditions.

Spring-loaded, pilot-operated, dead weight, and P&T actuated are some of the main types of pressure relief valves available in the market.

  • Demand for spring-loaded pressure relief valves is projected to rise at a CAGR of 4.6% and reach a market value of US$ 2.85 billion by 2034-end.

Spring-loaded PRVs are known for their reliability and consistency in performance. The spring mechanism allows for a quick response to pressure changes, ensuring effective and timely relief when needed.

Compared to some alternative pressure relief devices, spring-loaded pressure safety valves are often more cost-effective. Their straightforward design and ease of maintenance contribute to lower overall costs for industries utilizing these safety devices. These safety relief valves are available with a wide range of pressure settings, making them suitable for diverse applications with varying pressure requirements. This adaptability is enhancing their utility across different industries.

Growing focus on renewable energy projects in North America, such as solar and wind is boosting demand for pressure relief valves in power generation applications.

  • Demand for pressure relief valves in North America is forecasted to increase at a CAGR of 5.4% through 2034.
  • East Asia is predicted to account for 34.8% of global pressure relief valve market share by 2034.

Ongoing infrastructure development projects in East Asia, including construction and energy infrastructure are leading to a steady demand for pressure safety valves.

Report Attributes Details
Pressure Relief Valve Market Size (2024E) US$ 4.7 Billion
Forecasted Market Value (2034F) US$ 7.39 Billion
Global Market Growth Rate (2024 to 2034) 4.6% CAGR
Canada Market Value (2034F) US$ 576.5 Million
South Korea Market Value (2034F) US$ 540.2 Million
Dead Weight Pressure Relief Valve Demand Growth (2024 to 2034) 4.7% CAGR
Key Companies Profiled
  • Emerson Electric Co.
  • Baker Hughes
  • Rexnord Corporation
  • Parker Hannifin Corp.
  • Watts
  • ALFA Laval AB
  • CIRCOR International, Inc.
  • IMI Plc.
  • Mercer Valve Co., Inc.
  • Curtiss-Wright Corporation
  • The Weir Group Plc.

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Why is There Steady Increase in Worldwide Sales of Pressure Relief Valves?

“Integration of Smart Technologies in Pressure Relief Valves Enhancing Industrial Safety”

Integration of digital technologies is a notable pressure relief valve market trend. This shift toward smart pressure relief valves is driven by the increasing demand for enhanced operational efficiency, proactive maintenance strategies, and high safety standards across various industries.

Smart pressure relief valves leverage sensors and connectivity features to enable real-time monitoring of critical operational parameters. This capability allows operators and maintenance personnel to continuously track pressure levels, temperature, and other relevant data. Real-time monitoring provides immediate insights into system performance and potential issues, facilitating swift response to abnormal conditions.

One of the key advantages of smart pressure relief valves is their ability to enable predictive maintenance. Through continuous data collection and analysis, these valves can predict when maintenance is likely to be required, allowing for proactive intervention before any issues escalate. This predictive approach minimizes downtime, extends the lifespan of the valves, and reduces the likelihood of unexpected failures.

Smart valves also offer advanced control features, allowing for precise adjustments and automation of pressure relief processes. Automation improves the accuracy of pressure regulation and also enables a more responsive and adaptive system. This enhanced control is contributing to overall operational efficiency and the optimization of industrial processes.

“Pressure Relief Valves Playing Crucial Role in High-Risk Infrastructure Projects”

Rapid industrialization across the globe, especially in developing economies, is having a positive impact on the demand for pressure relief valves. Developing economies are experiencing rapid economic growth, accompanied by a surge in industrial activities. Industries such as manufacturing, petrochemicals, energy, and construction are expanding to meet the demands of a growing population and increasing urbanization. This expansion is leading to a healthy demand for pressure relief valves as essential components of safety systems within these industries.

Developing economies often embark on ambitious infrastructure projects, including the construction of roads, bridges, power plants, and industrial complexes. Pressure safety valves find applications in diverse construction activities, ensuring the safety of steam systems, boilers, and other pressurized equipment used in these projects.

Pressure Relief Valve Market Overview

What’s Affecting the Profit Margins of Pressure Relief Valve Manufacturers?

“Budget Constraints Hampering Sales of Advanced Pressure Relief Valves”

Certain end-use industries, particularly those operating in cost-sensitive regions, face tight budget constraints and consequently opt for cost-driven decision-making in their procurement processes. This is leading to a focus on acquiring PRVs that meet basic safety requirements at a lower upfront cost, hampering the adoption of high-end pressure relief valve technologies.

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What Tactics Can New Companies Employ to Earn Higher Profits?

“Focus on Technological Innovations and Product Differentiation”

New manufacturers can differentiate themselves by focusing on technological innovations. Developing pressure relief valves with unique features, enhanced safety capabilities, or improved efficiency attracts attention in the market. Emphasizing innovation helps establish a distinct identity and value proposition.

Understanding the specific requirements of different industries and tailoring PRV solutions to meet those needs is a powerful strategy. Offering customizable valves allows new companies to address niche markets and cater to the diverse demands of various sectors.

Country-wise Analysis

As per the analysis by Fact.MR, a market research and competitive intelligence provider, the pressure relief valve market growth in the United States, Germany, and Japan is influenced by a combination of industrial activities, safety regulations, and the specific needs of key sectors such as manufacturing, energy, and chemicals in each of these countries.

Why is the United States a High-Growth Market for Pressure Relief Valves?

“Increasing Exploration and Production Activities in Oil and Gas Sector Driving PRV Sales”

Attribute United States
Market Value (2024E) US$ 792.2 Million
Growth Rate (2024 to 2034) 5% CAGR
Projected Value (2034F) US$ 1.28 Billion

The United States is a key player in the oil and gas industry and is witnessing ongoing growth in exploration and production endeavors. Demand for pressure relief valves in the United States is driven by the critical role they play in maintaining the safety of high-pressure systems within refineries, extraction sites, and pipelines.

Robust petrochemical and chemical sectors in the United States rely heavily on pressure relief valves to prevent overpressure incidents in reactors, processing units, and storage facilities. The continuous growth of these industries is fueling the sales of advanced pressure relief solutions.

What’s Influencing Pressure Relief Valve Sales in Germany?

“Strong Industrial Base and Leadership in Automotive Manufacturing”

Germany, known for its robust industrial base, has a diverse manufacturing sector. Pressure relief valves are integral to ensuring safety in manufacturing processes, and their demand is closely tied to the continuous expansion and modernization of German industries.

The country is one of the major players in automotive production. Pressure relief valves are used in various stages of automotive manufacturing, including pressure systems for manufacturing components and to keep hydraulic and pneumatic systems below a set pressure. Thus, demand for these safety valves is driven by the automotive industry's need for precision and safety.

What’s Attracting Pressure Relief Valve Suppliers to Japan?

“Rising Need for Advanced Pressure Relief Solutions in Semiconductor Production”

Attribute Japan
Market Value (2024E) US$ 459.4 Million
Growth Rate (2024 to 2034) 5.1% CAGR
Projected Value (2034F) US$ 758.5 Million

Japan focuses on high-tech industries, including electronics and robotics, and this is boosting the use of advanced pressure relief solutions. PRVs play a role in ensuring the safety of pressurized systems in the production of semiconductor components and other advanced technologies.

The country’s reputation for advanced manufacturing technologies also contributes to the demand for precision instruments, including pressure relief valves. These valves are effective in maintaining the safety and efficiency of high-tech manufacturing processes.

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Category-wise Analysis

Demand for pressure relief valves in the oil and gas sector is driven by the critical need to maintain safety, protect assets, comply with regulations, and prevent potentially catastrophic incidents associated with high-pressure operations. The importance of these valves in ensuring the integrity of pressurized systems makes them indispensable components of safety and risk management strategies in the oil and gas sector.

Which End-use Industry Accounts for Widespread Use of Pressure Relief Valves?

“High Use of Pressure Relief Valves Preventing Overpressure Incidents in Oil and Gas Sector”

Attribute Oil and Gas
Segment Value (2024E) US$ 1.99 Billion
Growth Rate (2024 to 2034) 4.5% CAGR
Projected Value (2034F) US$ 3.09 Billion

Primary function of pressure relief valves is to ensure safety by preventing overpressure incidents. In the oil and gas industry, where operations involve high pressures and volatile substances, the protection of personnel, equipment, and assets is of paramount importance. PRVs act as critical safety devices to prevent catastrophic failures.

Oil and gas processes involve various stages with fluctuating pressures, such as extraction, refining, and transportation. Pressure relief valves are essential to manage these variations and prevent pressure buildup that could lead to equipment damage, leaks, or other safety hazards.

Competitive Landscape

Leading companies are investing significantly in research and development initiatives to introduce innovative pressure relief valve designs. This includes features such as enhanced safety functionalities, improved materials, and smart technologies. Innovative products are helping key players to differentiate themselves and meet evolving industry needs.

Recognizing the importance of global markets, key market players are also focusing on expanding their presence internationally. This includes establishing partnerships with local distributors, opening subsidiaries, and adapting products to meet region-specific standards.

Key Segments of Pressure Relief Valve Market Research

  • Product Type :

    • Spring-loaded Pressure Relief Valves
    • Pilot-operated Pressure Relief Valves
    • Dead Weight Pressure Relief Valves
    • P&T Actuated Pressure Relief Valves
  • By Set Pressure :

    • Low
    • Medium
    • High
  • By End-use Industry :

    • Oil & Gas
    • Chemical Processing
    • Power Generation
    • Paper & Pulp
    • Food & Beverages
    • Pharmaceuticals
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

Table of Content

1. Global Market - Executive Summary

    1.1. Global Market Overview

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Fact.MR Analysis and Recommendations

2. Global Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Market Risks and Trends Assessment

    3.1. Risk Assessment

        3.1.1. COVID-19 Impact Benchmark with Previous Crisis

            3.1.1.1. Change in Demand

            3.1.1.2. Before and After COVID-19 Crisis (Projected)

            3.1.1.3. Before and After Sub-prime Crisis – 2008 (Actual)

            3.1.1.4. Change in Demand post Recovery Period (After Each Crisis)

        3.1.2. Impact on Market and Value (US$ Mn)

            3.1.2.1. Likely Loss of Value in 2023

            3.1.2.2. Mid-term and Long-term Forecasts

            3.1.2.3. Quarter by Quarter Demand and Recovery Assessment

        3.1.3. Anticipated Demand and Value Recovery Curve

            3.1.3.1. Likelihood of U-Shape Recovery

            3.1.3.2. Likelihood of L-Shape Recovery

        3.1.4. Recovery Period Assessment by Key Countries

        3.1.5. Recovery Assessment by Key Market Segments

        3.1.6. Action Points and Recommendations for Suppliers

        3.1.7. Impact on Trade Balance

    3.2. Key Trends Impacting the Market

    3.3. Formulation and Set Pressure Development Trends

4. Market Background and Foundation Data Points

    4.1. Need of the Hour for Industries

    4.2. Industry Wise Industry 4.0

    4.3. Strategic Priorities

    4.4. Life Cycle Stage

    4.5. Importance of Technology

    4.6. Use Cases of Pressure Relief Valve

    4.7. Forecast Factors: Relevance and Impact

    4.8. Investment Feasibility Matrix

    4.9. PESTLE Analysis

    4.10. Porter’s Five Forces Analysis

    4.11. Market Dynamics

        4.11.1. Drivers

        4.11.2. Restraints

        4.11.3. Opportunity Analysis

        4.11.4. Trend

5. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034

    5.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023

    5.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Set Pressure

    6.1. Introduction / Key Findings

    6.2. Historical Market Value (US$ Mn) Analysis By Set Pressure, 2018 to 2023

    6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Set Pressure, 2024 to 2034

        6.3.1. Low

        6.3.2. Medium

        6.3.3. High

    6.4. Market Attractiveness Analysis By Set Pressure

7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Product Type

    7.1. Introduction / Key Findings

    7.2. Historical Market Value (US$ Mn) Analysis By Product Type, 2018 to 2023

    7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Product Type, 2024 to 2034

        7.3.1. Spring-loaded Pressure Relief Valves

        7.3.2. Pilot-operated Pressure Relief Valves

        7.3.3. Dead Weight Pressure Relief Valves

        7.3.4. P&T Actuated Pressure Relief Valves

    7.4. Market Attractiveness Analysis By Product Type

8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by End-use Industry

    8.1. Introduction / Key Findings

    8.2. Historical Market Value (US$ Mn) Analysis By End-use Industry, 2018 to 2023

    8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By End-use Industry, 2024 to 2034

        8.3.1. Oil & Gas

        8.3.2. Chemical Processing

        8.3.3. Power Generation

        8.3.4. Paper & Pulp

        8.3.5. Food & Beverages

        8.3.6. Pharmaceuticals

        8.3.7. Others

    8.4. Market Attractiveness Analysis By End-use Industry

9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region

    9.1. Introduction / Key Findings

    9.2. Historical Market Value (US$ Mn) Analysis By Region, 2018 to 2023

    9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia

        9.3.5. South Asia & Oceania

        9.3.6. Middle East and Africa (MEA)

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    10.1. Introduction / Key Findings

    10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034

        10.3.1. By Country

            10.3.1.1. United States

            10.3.1.2. Canada

        10.3.2. By Set Pressure

        10.3.3. By Product Type

    10.4. Market Attractiveness Analysis

        10.4.1. By Country

        10.4.2. By Set Pressure

        10.4.3. By Product Type

11. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        11.3.1. By Country

            11.3.1.1. Brazil

            11.3.1.2. Mexico

            11.3.1.3. Rest of Latin America

        11.3.2. By Set Pressure

        11.3.3. By Product Type

        11.3.4. By End-use Industry

    11.4. Market Attractiveness Analysis

        11.4.1. By Country

        11.4.2. By Set Pressure

        11.4.3. By Product Type

        11.4.4. By End-use Industry

12. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        12.3.1. By Country

            12.3.1.1. Germany

            12.3.1.2. France

            12.3.1.3. Italy

            12.3.1.4. Spain

            12.3.1.5. United Kingdom

            12.3.1.6. BENELUX

            12.3.1.7. Russia

            12.3.1.8. Rest of Europe

        12.3.2. By Set Pressure

        12.3.3. By Product Type

        12.3.4. By End-use Industry

    12.4. Market Attractiveness Analysis

        12.4.1. By Country

        12.4.2. By Set Pressure

        12.4.3. By Product Type

        12.4.4. By End-use Industry

13. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        13.3.1. By Country

            13.3.1.1. China

            13.3.1.2. Japan

            13.3.1.3. South Korea

        13.3.2. By Set Pressure

        13.3.3. By Product Type

        13.3.4. By End-use Industry

    13.4. Market Attractiveness Analysis

        13.4.1. By Country

        13.4.2. By Set Pressure

        13.4.3. By Product Type

        13.4.4. By End-use Industry

14. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    14.1. Introduction / Key Findings

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        14.3.1. By Country

            14.3.1.1. India

            14.3.1.2. Thailand

            14.3.1.3. Malaysia

            14.3.1.4. Singapore

            14.3.1.5. Vietnam

            14.3.1.6. ANZ

            14.3.1.7. Rest of South Asia & Oceania

        14.3.2. By Set Pressure

        14.3.3. By Product Type

        14.3.4. By End-use Industry

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Set Pressure

        14.4.3. By Product Type

        14.4.4. By End-use Industry

15. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034

    15.1. Introduction / Key Findings

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023

    15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2024 to 2034

        15.3.1. By Country

            15.3.1.1. GCC Countries

            15.3.1.2. South Africa

            15.3.1.3. Israel

            15.3.1.4. Rest of Middle East and Africa (MEA)

        15.3.2. By Set Pressure

        15.3.3. By Product Type

        15.3.4. By End-use Industry

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Set Pressure

        15.4.3. By Product Type

        15.4.4. By End-use Industry

16. Market Structure Analysis

    16.1. Market Analysis by Tier of Companies

    16.2. Market Concentration

    16.3. Market Share Analysis of Top Players

    16.4. Market Presence Analysis

17. Competition Analysis

    17.1. Competition Dashboard

    17.2. Competition Benchmarking

    17.3. Competition Deep Dive

        17.3.1. Emerson Electric Co.

            17.3.1.1. Company Overview

            17.3.1.2. Set Pressure overview

            17.3.1.3. SWOT Analysis

            17.3.1.4. Key Developments

        17.3.2. Baker Hughes

            17.3.2.1. Company Overview

            17.3.2.2. Set Pressure overview

            17.3.2.3. SWOT Analysis

            17.3.2.4. Key Developments

        17.3.3. Rexnord Corporation

            17.3.3.1. Company Overview

            17.3.3.2. Set Pressure overview

            17.3.3.3. SWOT Analysis

            17.3.3.4. Key Developments

        17.3.4. Parker Hannifin Corp.

            17.3.4.1. Company Overview

            17.3.4.2. Set Pressure overview

            17.3.4.3. SWOT Analysis

            17.3.4.4. Key Developments

        17.3.5. Watts

            17.3.5.1. Company Overview

            17.3.5.2. Set Pressure overview

            17.3.5.3. SWOT Analysis

            17.3.5.4. Key Developments

        17.3.6. ALFA Laval AB

            17.3.6.1. Company Overview

            17.3.6.2. Set Pressure overview

            17.3.6.3. SWOT Analysis

            17.3.6.4. Key Developments

        17.3.7. CIRCOR International, Inc.

            17.3.7.1. Company Overview

            17.3.7.2. Set Pressure overview

            17.3.7.3. SWOT Analysis

            17.3.7.4. Key Developments

        17.3.8. IMI Plc.

            17.3.8.1. Company Overview

            17.3.8.2. Set Pressure overview

            17.3.8.3. SWOT Analysis

            17.3.8.4. Key Developments

        17.3.9. Mercer Valve Co., Inc.

            17.3.9.1. Company Overview

            17.3.9.2. Set Pressure overview

            17.3.9.3. SWOT Analysis

            17.3.9.4. Key Developments

        17.3.10. Curtiss-Wright Corporation

            17.3.10.1. Company Overview

            17.3.10.2. Set Pressure overview

            17.3.10.3. SWOT Analysis

            17.3.10.4. Key Developments

        17.3.11. The Weir Group Plc.

            17.3.11.1. Company Overview

            17.3.11.2. Set Pressure overview

            17.3.11.3. SWOT Analysis

            17.3.11.4. Key Developments

18. Assumptions and Acronyms Used

19. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn) Analysis, by Set Pressure, 2018 to 2023

Table 02: Global Market Value (US$ Mn) Analysis, by Set Pressure, 2024 to 2034

Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Set Pressure, 2024 to 2034

Table 04: Global Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023

Table 05: Global Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 07: Global Market Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023

Table 08: Global Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034

Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034

Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2018 to 2023

Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2024 to 2034

Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2024 to 2034

Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 16: North America Market Value (US$ Mn) Analysis, by Set Pressure, 2018 to 2023

Table 17: North America Market Value (US$ Mn) Analysis, by Set Pressure, 2024 to 2034

Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Set Pressure, 2024 to 2034

Table 19: North America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023

Table 20: North America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 22: North America Market Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023

Table 23: North America Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034

Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034

Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 28: Latin America Market Value (US$ Mn) Analysis, by Set Pressure, 2018 to 2023

Table 29: Latin America Market Value (US$ Mn) Analysis, by Set Pressure, 2024 to 2034

Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Set Pressure, 2024 to 2034

Table 31: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023

Table 32: Latin America Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 34: Latin America Market Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023

Table 35: Latin America Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034

Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034

Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 40: Europe Market Value (US$ Mn) Analysis, by Set Pressure, 2018 to 2023

Table 41: Europe Market Value (US$ Mn) Analysis, by Set Pressure, 2024 to 2034

Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Set Pressure, 2024 to 2034

Table 43: Europe Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023

Table 44: Europe Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 46: Europe Market Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023

Table 47: Europe Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034

Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034

Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 52: East Asia Market Value (US$ Mn) Analysis, by Set Pressure, 2018 to 2023

Table 53: East Asia Market Value (US$ Mn) Analysis, by Set Pressure, 2024 to 2034

Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Set Pressure, 2024 to 2034

Table 55: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023

Table 56: East Asia Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 58: East Asia Market Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023

Table 59: East Asia Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034

Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034

Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Set Pressure, 2018 to 2023

Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Set Pressure, 2024 to 2034

Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Set Pressure, 2024 to 2034

Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023

Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023

Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034

Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034

Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2018 to 2023

Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2024 to 2034

Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034

Table 76: MEA Market Value (US$ Mn) Analysis, by Set Pressure, 2018 to 2023

Table 77: MEA Market Value (US$ Mn) Analysis, by Set Pressure, 2024 to 2034

Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Set Pressure, 2024 to 2034

Table 79: MEA Market Value (US$ Mn) Analysis, by Product Type, 2018 to 2023

Table 80: MEA Market Value (US$ Mn) Analysis, by Product Type, 2024 to 2034

Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product Type, 2024 to 2034

Table 82: MEA Market Value (US$ Mn) Analysis, by End-use Industry, 2018 to 2023

Table 83: MEA Market Value (US$ Mn) Analysis, by End-use Industry, 2024 to 2034

Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End-use Industry, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 04: Global Market Incremental $ Opportunity, 2024 to 2034

Figure 05: Global Market Share and BPS Analysis by Set Pressure, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Projections by Set Pressure, 2024 to 2034

Figure 07: Global Market Attractiveness Analysis by Set Pressure, 2024 to 2034

Figure 08: Global Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 09: Global Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 10: Global Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 11: Global Market Share and BPS Analysis by End-use Industry, 2024 & 2034

Figure 12: Global Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034

Figure 13: Global Market Attractiveness Analysis by End-use Industry, 2024 to 2034

Figure 14: Global Market Share and BPS Analysis by Region, 2024 & 2034

Figure 15: Global Market Y-o-Y Growth Projections by Region, 2024 to 2034

Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034

Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2034

Figure 20: North America Market Incremental $ Opportunity, 2024 to 2034

Figure 21: North America Market Share Analysis by Country, 2024 & 2034

Figure 22: North America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 23: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 24: North America Market Share and BPS Analysis by Set Pressure, 2024 & 2034

Figure 25: North America Market Y-o-Y Growth Projections by Set Pressure, 2024 to 2034

Figure 26: North America Market Attractiveness Analysis by Set Pressure, 2024 to 2034

Figure 27: North America Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 28: North America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 29: North America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 30: North America Market Share and BPS Analysis by End-use Industry, 2024 & 2034

Figure 31: North America Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034

Figure 32: North America Market Attractiveness Analysis by End-use Industry, 2024 to 2034

Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 36: Latin America Market Incremental $ Opportunity, 2024 to 2034

Figure 37: Latin America Market Share Analysis by Country, 2024 & 2034

Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 39: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Latin America Market Share and BPS Analysis by Set Pressure, 2024 & 2034

Figure 41: Latin America Market Y-o-Y Growth Projections by Set Pressure, 2024 to 2034

Figure 42: Latin America Market Attractiveness Analysis by Set Pressure, 2024 to 2034

Figure 43: Latin America Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 44: Latin America Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 45: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 46: Latin America Market Share and BPS Analysis by End-use Industry, 2024 & 2034

Figure 47: Latin America Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034

Figure 48: Latin America Market Attractiveness Analysis by End-use Industry, 2024 to 2034

Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 52: Europe Market Incremental $ Opportunity, 2024 to 2034

Figure 53: Europe Market Share Analysis by Country, 2024 & 2034

Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 55: Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 56: Europe Market Share and BPS Analysis by Set Pressure, 2024 & 2034

Figure 57: Europe Market Y-o-Y Growth Projections by Set Pressure, 2024 to 2034

Figure 58: Europe Market Attractiveness Analysis by Set Pressure, 2024 to 2034

Figure 59: Europe Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 60: Europe Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 61: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 62: Europe Market Share and BPS Analysis by End-use Industry, 2024 & 2034

Figure 63: Europe Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034

Figure 64: Europe Market Attractiveness Analysis by End-use Industry, 2024 to 2034

Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 68: East Asia Market Incremental $ Opportunity, 2024 to 2034

Figure 69: East Asia Market Share Analysis by Country, 2024 & 2034

Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 71: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 72: East Asia Market Share and BPS Analysis by Set Pressure, 2024 & 2034

Figure 73: East Asia Market Y-o-Y Growth Projections by Set Pressure, 2024 to 2034

Figure 74: East Asia Market Attractiveness Analysis by Set Pressure, 2024 to 2034

Figure 75: East Asia Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 76: East Asia Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 77: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 78: East Asia Market Share and BPS Analysis by End-use Industry, 2024 & 2034

Figure 79: East Asia Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034

Figure 80: East Asia Market Attractiveness Analysis by End-use Industry, 2024 to 2034

Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2024 to 2034

Figure 85: South Asia & Oceania Market Share Analysis by Country, 2024 & 2034

Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034

Figure 88: South Asia & Oceania Market Share and BPS Analysis by Set Pressure, 2024 & 2034

Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Set Pressure, 2024 to 2034

Figure 90: South Asia & Oceania Market Attractiveness Analysis by Set Pressure, 2024 to 2034

Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 94: South Asia & Oceania Market Share and BPS Analysis by End-use Industry, 2024 & 2034

Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034

Figure 96: South Asia & Oceania Market Attractiveness Analysis by End-use Industry, 2024 to 2034

Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2018 to 2023

Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2024 to 2034

Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2018 to 2034

Figure 100: MEA Market Incremental $ Opportunity, 2024 to 2034

Figure 101: MEA Market Share Analysis by Country, 2024 & 2034

Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2024 to 2034

Figure 103: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 104: MEA Market Share and BPS Analysis by Set Pressure, 2024 & 2034

Figure 105: MEA Market Y-o-Y Growth Projections by Set Pressure, 2024 to 2034

Figure 106: MEA Market Attractiveness Analysis by Set Pressure, 2024 to 2034

Figure 107: MEA Market Share and BPS Analysis by Product Type, 2024 & 2034

Figure 108: MEA Market Y-o-Y Growth Projections by Product Type, 2024 to 2034

Figure 109: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 110: MEA Market Share and BPS Analysis by End-use Industry, 2024 & 2034

Figure 111: MEA Market Y-o-Y Growth Projections by End-use Industry, 2024 to 2034

Figure 112: MEA Market Attractiveness Analysis by End-use Industry, 2024 to 2034

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

How big is the pressure relief valve market?

The global pressure relief valve market is estimated at US$ 4.7 billion in 2024.

What is the sales value of pressure relief valves in the United States?

Sales of pressure relief valves in the United States are pegged at US$ 792.2 million for 2024.

What are the projected sales of pressure relief valves for 2034?

Sales of pressure relief valves are forecasted to reach US$ 7.39 billion by 2034-end.

What is the demand growth outlook for pressure relief valves through 2034?

Global demand for pressure relief valves is forecasted to increase at a CAGR of 4.6% from 2024 to 2034.

At what rate is the demand for pilot-operated pressure relief valves predicted to expand?

Demand for pilot-operated pressure relief valves is projected to rise at a CAGR of 4.7% through 2034.

Who are the leading producers of pressure relief valves?

Some of the leading companies in the market are Emerson Electric Co., Baker Hughes, and Rexnord Corporation.

- Also of Interest -

Industrial Valve Market

Industrial Valve Market Study by Check Valves, Gates, Globes, Balls, Plugs, Butterfly, and Safety Relief for Oil & Gas, Chemicals, Water Treatment, Power Plants, and Paper & Pulp from 2024 to 2034

Control Valve Market

Control Valve Market Analysis by Ball Valves, Butterfly Valves, Globe Valves, and Plug Valves from 2023 to 2033

Pressure Vessels Market

Pressure Vessels Market Analysis by Boilers, Reactors, Heat Exchangers, and Autoclaves in Stainless Steel, Titanium, Aluminum, and Others from 2023 to 2033

Pressure Relief Valve Market

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