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Safety Valve Market Scope

Safety valves put simply, are preventive and precautionary valves that actuate automatically when the temperature and preset safety valve pressure are exceeded. These valves safeguard critical equipment from damage by releasing the excess pressure sans any electrical support. Along with protecting the equipment, safety valves are also essential to protect the employees around the plants as well as the environment around them. Safety valves are made of different materials such as cryogenic, cast iron, alloy, steel, and others that have wide applications in water and wastewater treatment, food and beverage, chemicals, energy and power, oil and gas, and others.

Safety Valve Market Scope and Segmentation

REPORT METRIC	DETAILS
Forecast Period	2022 to 2029
Base Year	2021
Historic Years	2020 (Customizable to 2014 – 2019)
Quantitative Units	Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered	Material (Steel, Alloy, Cast Iron, Cryogenic, 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, Others)
Countries Covered	U.S., Canada, and Mexico in North America, Germany, France, the U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Opportunities	Integration of safety valves into the Internet of Things (IoT)The innovations in safety valve systems

Key Players in Safety Valve Market

• • Emerson Electric Co (US)

• • Schlumberger Limited (US)

• • General Electric (US)

• • Curtiss-Wright Corporation (US)

• • ALFA LAVAL (Sweden)

• • IMI plc (UK)

• • LESER GmbH & Co. KG (Germany)

• • The Weir Group PLC (Scotland)

• • Forbes Marshall (India)

• • Danfoss (Denmark)

• • Bosch Rexroth AG (Germany)

• • Spirax Sarco Limited (UK)

Reports and Data have segmented the global Safety valves market according to Product types, Material, Size, Application areas, and Region

Product types Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)

• Spring-loaded Pressure-relief Valves
• Dead-Weight Pressure-relief Valves
• Pilot-operated Pressure-relief Valves

Material type Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)

• Cast Iron
• Stainless Steel
• Cryogenic
• Alloy

Size type Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)

• Less than 6 inch
• 7 inch-25 inch
• 26 inch-50 inch
• 50 inch and above

Application areas Type Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)

• Oil & Gas Industry
• Water & Wastewater
• Energy & Power
• Agriculture
• Pharmaceuticals
• Chemicals
• Metal & Mining
• Food & Beverage Industry
• Others

Regional Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)

• North America
• Europe
• Asia Pacific
• MEA
• Latin America