The Spring-loaded Pressure Safety Valves industry can be broken down into several segments, Low Pressure Valve, Medium Pressure Valve, High Pressure Valve.
A Spring-loaded Pressure Safety Valves 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 over pressurized vessel.
The Spring-loaded Pressure Safety 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.
Spring-loaded Pressure Safety Valves Market contains market size and forecasts of Spring-loaded Pressure Safety Valves in global, including the following market information:
- Global Spring-loaded Pressure Safety Valves Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Spring-loaded Pressure Safety Valves Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Spring-loaded Pressure Safety Valves companies in 2021 (%)
The global Spring-loaded Pressure Safety Valves market was valued at 2137.7 million in 2021 and is projected to reach US$ 2753.8 million by 2028, at a CAGR of 3.7% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Low Pressure Valve Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Spring-loaded Pressure Safety Valves include General Electric, Emerson Electric, Weir, Curtiss-Wright, Watts, Alfa Laval, CIRCOR, IMI and Aalberts, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Spring-loaded Pressure Safety 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 Spring-loaded Pressure Safety Valves Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Spring-loaded Pressure Safety Valves Market Segment Percentages, by Type, 2021 (%)
- Low Pressure Valve
- Medium Pressure Valve
- High Pressure Valve
Global Spring-loaded Pressure Safety Valves Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Spring-loaded Pressure Safety Valves Market Segment Percentages, by Application, 2021 (%)
- Oil and Gas
- Chemical
- Power Generation
- Paper Industry
- Other
Global Spring-loaded Pressure Safety Valves Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Spring-loaded Pressure Safety 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 Spring-loaded Pressure Safety Valves revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Spring-loaded Pressure Safety Valves revenues share in global market, 2021 (%)
- Key companies Spring-loaded Pressure Safety Valves sales in global market, 2017-2022 (Estimated), (K Units)
- Key companies Spring-loaded Pressure Safety Valves sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- General Electric
- Emerson Electric
- Weir
- Curtiss-Wright
- Watts
- Alfa Laval
- CIRCOR
- IMI
- Aalberts
- Parker
- Flow Safe
- Mercury Manufacturing
- Control Devices
- AGF Manufacturing
- Goetze KG Armaturen
- Aquatrol
Industry Market Size
