compressor (4)

Summary

Global Safety Valve Market Size, Share, Trends, Research Report | Information: by Material (Steel, Alloy, Cast iron, Cryogenic and others), Size (Less than 1”, 1” to 10”, 11” to 20” and 20’ & above), End-use (Oil & gas, Energy & power, chemicals, Food & Beverage, water & wastewater treatment and others) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025

Safety Valve Market Highlights

Safety valves are precautionary and preventive valves that actuate automatically when the preset safety valve pressure and temperature is exceeded. Safety valves protect critical equipment from damage by releasing excess pressure without any electrical support.

The global safety valve market is projected to be valued at USD 5.12 Billion by 2025, with ~5.02% CAGR during the forecast period, 2019–2025. Safety valves protect the equipment from exploding or damaging and are mainly installed in pressure vessels. Safety valves not only provide safety to equipment but also to the workforce.    

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Key Players

The key players operating in the global safety valve market are Emerson Electric Co (US), , IMI plc (UK), ALFA LAVAL (Sweden), The Weir Group PLC (Scotland), Schlumberger Limited (US), Curtiss-Wright Corporation (US), Forbes Marshall (India), , Danfoss (Denmark), LESER GmbH & Co. KG (Germany), Bosch Rexroth AG (Germany), General Electric (US), and Spirax Sarco Limited (UK).

Market Segmentation

The global safety valve market has been segmented into six regions, which are Asia-Pacific, North America, Europe, the Middle East, Africa, and South America. According to the Asian Development Bank (ADB), in 2017, Asia-Pacific needs to invest USD 1.7 trillion per year in infrastructure until 2030 to maintain its growth momentum. Furthermore, the regulatory and institutional reforms are needed to make infrastructure more lucrative for private investors and to create a pipeline of projects for public-private partnerships. Safety valves in construction industry are mostly used to regulate the flow of liquid in firefighting systems, piping systems, and water supply systems. Hence, Asia-Pacific accounts for the largest share in the safety valve market due to a growing construction industry and the various opportunities for the safety valve market players.  

Regional Analysis

The market in North America is expected to be the second largest market for safety valves, owing to increasing investments in the construction industry. The construction industry in the US is expected to grow faster than the market in China over the next 15 years, which is expected to result in the extensive installation of safety valves in the construction industry. As per the US Department of Commerce, in January 2019, the total expenditure on residential and non-residential construction was approximately USD 1,307.34 billion. These investments are expected to boost the safety valves market in the region as safety valves provide the desired pressure and flow of liquid within any system.

The safety valve market in Europe is expected to be dominated by Germany owing to increase in power generated from renewable energy resources driving the safety valve market in this country.

The safety valve market within the Middle East & Africa is dominated by Saudi Arabia due to petrochemical industry in the country.

The safety valve market in South America is dominated by Brazil due to it being the largest oil producing country in the region. Moreover, Brazil is also expected to have the highest CAGR during the forecast period.

The global safety valve market has been segmented based on material, size, and end-use. On the basis of material, the global market includes through steel, alloy, cast iron, cryogenic, and others. The steel segment is expected to dominate the global market and is likely to grow with the highest CAGR. On the basis of size, the global market is segmented into less than 1”, 1" to 10", 11" to 20", and 20" and above. The 1’ to 10” segment is expected to grow with the highest CAGR during the forecast period. Based on end-use, the market is segmented into oil & gas, energy & power, chemicals, food & beverage, water & wastewater treatment, and others.

Scope of the Report

This report provides an in-depth analysis of the global safety valve market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Asia-Pacific, Europe, the Middle East & Africa and South America. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global safety valve market by material, size, end-use, and region.

by Material

Steel

Alloy

Cast Iron

Cryogenic

Others

by Size

Less than 1”

1” to 10”

11” to 20”

20” and Above

by End-Use

Oil & Gas

Energy & Power

Chemicals

Food & Beverage

Water & Wastewater Treatment

Others

By Regions

North America 

Asia-Pacific 

Europe

Middle East & Africa

South America

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Safety Valve Market Highlights

Safety valves are precautionary and preventive valves that actuate automatically when the preset safety valve pressure and temperature is exceeded. Safety valves protect critical equipment from damage by releasing excess pressure without any electrical support.

The global safety valve market is projected to be valued at USD 5.12 Billion by 2025, with ~5.02% CAGR during the forecast period, 2019–2025. Safety valves protect the equipment from exploding or damaging and are mainly installed in pressure vessels. Safety valves not only provide safety to equipment but also to the workforce.    

Get Free Sample Copy With TOC @ https://www.marketresearchfuture.com/sample_request/7790

Key Players

The key players operating in the global safety valve market are Emerson Electric Co (US), , IMI plc (UK), ALFA LAVAL (Sweden), The Weir Group PLC (Scotland), Schlumberger Limited (US), Curtiss-Wright Corporation (US), Forbes Marshall (India), , Danfoss (Denmark), LESER GmbH & Co. KG (Germany), Bosch Rexroth AG (Germany), General Electric (US), and Spirax Sarco Limited (UK).

Market Segmentation

The global safety valve market has been segmented into six regions, which are Asia-Pacific, North America, Europe, the Middle East, Africa, and South America. According to the Asian Development Bank (ADB), in 2017, Asia-Pacific needs to invest USD 1.7 trillion per year in infrastructure until 2030 to maintain its growth momentum. Furthermore, the regulatory and institutional reforms are needed to make infrastructure more lucrative for private investors and to create a pipeline of projects for public-private partnerships. Safety valves in construction industry are mostly used to regulate the flow of liquid in firefighting systems, piping systems, and water supply systems. Hence, Asia-Pacific accounts for the largest share in the safety valve market due to a growing construction industry and the various opportunities for the safety valve market players.  

Regional Analysis

The market in North America is expected to be the second largest market for safety valves, owing to increasing investments in the construction industry. The construction industry in the US is expected to grow faster than the market in China over the next 15 years, which is expected to result in the extensive installation of safety valves in the construction industry. As per the US Department of Commerce, in January 2019, the total expenditure on residential and non-residential construction was approximately USD 1,307.34 billion. These investments are expected to boost the safety valves market in the region as safety valves provide the desired pressure and flow of liquid within any system.

The safety valve market in Europe is expected to be dominated by Germany owing to increase in power generated from renewable energy resources driving the safety valve market in this country.

The safety valve market within the Middle East & Africa is dominated by Saudi Arabia due to petrochemical industry in the country.

The safety valve market in South America is dominated by Brazil due to it being the largest oil producing country in the region. Moreover, Brazil is also expected to have the highest CAGR during the forecast period.

The global safety valve market has been segmented based on material, size, and end-use. On the basis of material, the global market includes through steel, alloy, cast iron, cryogenic, and others. The steel segment is expected to dominate the global market and is likely to grow with the highest CAGR. On the basis of size, the global market is segmented into less than 1”, 1" to 10", 11" to 20", and 20" and above.

Scope of the Report

This report provides an in-depth analysis of the global safety valve market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for North America, Asia-Pacific, Europe, the Middle East & Africa and South America. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global safety valve market by material, size, end-use, and region.

  • Material
    • Steel
    • Alloy
    • Cast Iron
    • Cryogenic
    • Others
  • Size
    • Less than 1”
    • 1” to 10”
    • 11” to 20”
    • 20” and Above
  • End-Use
    • Oil & Gas
    • Energy & Power
    • Chemicals
    • Food & Beverage
    • Water & Wastewater Treatment
    • Others
  • By Regions
    • North America 
    • Asia-Pacific 
    • Europe
    • Middle East & Africa
    • South America

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About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Freezing Compressor Oil Report by Material, Application, and Geography - Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).

The report firstly introduced the Freezing Compressor Oil basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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The report includes six parts, dealing with:
 
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3.) the North American Freezing Compressor Oil Market; 
4.) the European Freezing Compressor Oil Market; 
5.) market entry and investment feasibility;
6.) the report conclusion.

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Table of Contents

 

Part I Freezing Compressor Oil Industry Overview

Chapter One Freezing Compressor Oil Industry Overview
1.1 Freezing Compressor Oil Definition
1.2 Freezing Compressor Oil Classification Analysis
1.2.1 Freezing Compressor Oil Main Classification Analysis
1.2.2 Freezing Compressor Oil Main Classification Share Analysis
1.3 Freezing Compressor Oil Application Analysis
1.3.1 Freezing Compressor Oil Main Application Analysis
1.3.2 Freezing Compressor Oil Main Application Share Analysis
1.4 Freezing Compressor Oil Industry Chain Structure Analysis
1.5 Freezing Compressor Oil Industry Development Overview
1.5.1 Freezing Compressor Oil Product History Development Overview
1.5.1 Freezing Compressor Oil Product Market Development Overview
1.6 Freezing Compressor Oil Global Market Comparison Analysis
1.6.1 Freezing Compressor Oil Global Import Market Analysis
1.6.2 Freezing Compressor Oil Global Export Market Analysis
1.6.3 Freezing Compressor Oil Global Main Region Market Analysis
1.6.4 Freezing Compressor Oil Global Market Comparison Analysis
1.6.5 Freezing Compressor Oil Global Market Development Trend Analysis

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Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

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