Double Block and Bleed Valves market

Double Block and Bleed Valves Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Machines
  • 118 Pages
  • Report code : PMR-6805076

  • 4.7 (158)

Double Block and Bleed Valves Market

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A valve is a device that regulates, directs or controls the flow of a fluid by opening, closing, or partially obstructing various passageways. The term Double Block and Bleed initially meant two separate block valves with a pipe and bleed valve between the valves to check for leakage. According to API 6D ?Specification for Pipeline Valves? standards, a double block-and-bleed valve is a ?single valve with two seating surfaces that, in the closed position, provides a seal against pressure from both ends of the valve, with a means of venting/bleeding the cavity between the seating surfaces.? Double block and bleed valves are used to achieve positive isolation when performing maintenance activities in a live process plant. Typically two block valves and a bleed valve are manufactured as a single assembly and this double block and bleed valve manifold can be readily installed for isolation purpose. Double block and bleed valves are usually used for critical process service, such as high pressure system or toxic, hydrocarbon or hazardous process fluids. For non-critical service, single block and bleed valve assemblies must be used. Double block and bleed valves are also often used with spectacle blind or blind spacers to provide positive isolation. Double block and bleed valve assemblies allow fewer potential leakage paths compared to traditional multiple valve installations, thus increasing safety of the design.

Double Block and Bleed Valves Market contains market size and forecasts of Double Block and Bleed Valves in global, including the following market information:

Global Double Block and Bleed Valves Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Double Block and Bleed Valves Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Double Block and Bleed Valves companies in 2021 (%)

The global Double Block and Bleed Valves market was valued at 448.6 million in 2021 and is projected to reach US$ 543.4 million by 2028, at a CAGR of 2.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Full Bore Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Double Block and Bleed Valves include Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin and Swagelok, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Double Block and Bleed Valves 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 Double Block and Bleed Valves Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Double Block and Bleed Valves Market Segment Percentages, by Type, 2021 (%)

Full Bore

Reduced Bore

Global Double Block and Bleed Valves Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Double Block and Bleed Valves Market Segment Percentages, by Application, 2021 (%)

Oil & Gas

Chemical Industry

Power Industry

Others

Global Double Block and Bleed Valves Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Double Block and Bleed Valves Market Segment Percentages, By Region and Country, 2021 (%)

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 Double Block and Bleed Valves revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Double Block and Bleed Valves revenues share in global market, 2021 (%)

Key companies Double Block and Bleed Valves sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Double Block and Bleed Valves sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Cameron

CIRCOR

Bonney Forge

AS-Schneider

Oliver Valves

Valbart (Flowserve)

L&T Valves

Parker Hannifin

Swagelok

Hy-Lok

DK-Lok

Haskel

Alco Valves (Graco)

Sabre

Western Valve

PBM Valve

Control Seal

Colson

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