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.
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
-
By Product Type :
- Spring-loaded
- Pilot-operated
- Dead Weight
- P&T Actuated
-
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
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2018 to 2023 and Forecast, 2024 to 2034
- 6. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Set Pressure
- 6.1. Low
- 6.2. Medium
- 6.3. High
- 7. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Product Type
- 7.1. Spring-loaded
- 7.2. Pilot-operated
- 7.3. Dead Weight
- 7.4. P&T Actuated
- 8. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By End-use Industry
- 8.1. Oil & Gas
- 8.2. Chemical Processing
- 8.3. Power Generation
- 8.4. Paper & Pulp
- 8.5. Food & Beverages
- 8.6. Pharmaceuticals
- 8.7. Others
- 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 11. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 12. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 13. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 14. South Asia & Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 15. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Emerson Electric Co.
- 17.2. Baker Hughes
- 17.3. Rexnord Corporation
- 17.4. Parker Hannifin Corp.
- 17.5. Watts
- 17.6. ALFA Laval AB
- 17.7. CIRCOR International, Inc.
- 17.8. IMI Plc.
- 17.9. Mercer Valve Co., Inc.
- 17.10. Curtiss-Wright Corporation
- 17.11. The Weir Group Plc.
- 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
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- 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.
Pressure Relief Valve Market