Report overview
A pressure Relief Valve is a safety device designed to protect a pressurized vessel or system during an overpressure event.
An overpressure event refers to any condition which would cause pressure in a vessel or system to increase beyond the specified design pressure or maximum allowable working pressure (MAWP).
The primary purpose of a pressure Relief Valve is protection of life and property by venting fluid from an overpressurized vessel.
The spring-loaded relief valve is a conventional pressure relief valve that is commonly used in liquid service valves. The valve opens proportionally as the pressure increases to overcome the spring pressure.
This report aims to provide a comprehensive presentation of the global market for Spring-loaded Relief Valve, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spring-loaded Relief Valve. This report contains market size and forecasts of Spring-loaded Relief Valve in global, including the following market information:
Global Spring-loaded Relief Valve Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Spring-loaded Relief Valve Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Spring-loaded Relief Valve companies in 2022 (%)
The global Spring-loaded Relief Valve market was valued at US$ 2234.6 million in 2022 and is projected to reach US$ 2906.7 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Market would still face such risks, including the prolonged US-China trade friction, and the UK's withdrawal from the EU, as well as the economy deteriorated sharply toward the end of the year due to the spread of new coronavirus infections.
Spring-loaded Relief Valve market is fragmented with fierce competition. General Electric is the world leading player in global Spring-loaded Relief Valve market with the market share of 9.09% in 2019, in terms of revenue, followed by Emerson Electric, Weir Group, Curtiss-Wright, Watts, Alfa Laval, CIRCOR, IMI, Aalberts, Parker, Flow Safe, Mercury Manufacturing, Control Devices, AGF Manufacturing, Goetze KG Armaturen, and Aquatrol. The top 16 companies accounted for 52% of the revenue market share in 2019.
We surveyed the Spring-loaded Relief Valve manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Spring-loaded Relief Valve Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring-loaded Relief Valve Market Segment Percentages, by Type, 2022 (%)
Low Pressure Valve
Medium Pressure Valve
High Pressure Valve
Global Spring-loaded Relief Valve Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring-loaded Relief Valve Market Segment Percentages, by Application, 2022 (%)
Oil and Gas
Chemical
Power Generation
Paper Industry
Other
Global Spring-loaded Relief Valve Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring-loaded Relief Valve Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Spring-loaded Relief Valve revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Spring-loaded Relief Valve revenues share in global market, 2022 (%)
Key companies Spring-loaded Relief Valve sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Spring-loaded Relief Valve sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
General Electric
Emerson Electric
Weir Group
Curtiss-Wright
Watts
Alfa Laval
CIRCOR
IMI
Aalberts
Parker
Flow Safe
Mercury Manufacturing
Control Devices
AGF Manufacturing
Goetze KG Armaturen
Aquatrol
Outline of Major Chapters:
Chapter 1: Introduces the definition of Spring-loaded Relief Valve, market overview.
Chapter 2: Global Spring-loaded Relief Valve market size in revenue and volume.
Chapter 3: Detailed analysis of Spring-loaded Relief Valve manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Spring-loaded Relief Valve in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Spring-loaded Relief Valve capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
