Safety Valves Market Expected to Witness a Significant Growth of 6.45 Billion Globally by 2026, at CAGR of 5.3% | Weir Group, Curtiss-Wright, Bosch Rexroth, IMI PLC, Leser, Frese, Emerson

Global Safety Valves Market research report 2019 - 2026 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.

Overview of the Global Safety Valves Market:

The Global Safety Valves Market is accounted for $4.05 Billion in 2017 and is expected to reach $6.45 Billion by 2026 growing at a CAGR of 5.3% during the forecast period (2019 - 2026).

Growing nuclear energy generation, High demand from oil & gas, and growing significance in industrial processes are some of the factors favoring the market growth. In addition, rising usage of 3D printers in manufacturing lines are providing ample opportunities for the market growth. However, high fabrication costs are hampering market growth.

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A valve is a mechanical device that regulates the flow of liquid or gas in a process stream. A safety valve is a fail-safe valve. Safety Valve is a type of valve that automatically actuates when the pressure of inlet side of the valve increases to a predetermined pressure, to open the valve disc and discharge the fluid (steam or gas). The pressure relief valves are the widely used safety valves across the globe.

On the basis of End User, Agriculture segment acquired considerable share during forecast period. Safety valves in agriculture are recommended in irrigation and precision farming. In Irrigation, these valves are used to prevent the water hammer and to maintain water column in the delivery pipe.

Regional analysis, Asia Pacific is expected to dominate the market during the forecast period due to growing population and rapid urbanization in developing countries which further boost the safety valve market growth in various sectors such as energy & power, chemicals, oil & gas, etc. in this region.

This comprehensive Safety Valves Market research report 2019 – 2026 includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.

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Major Key Players:

1 Weir Group

2 Curtiss-Wright Corporation

3 Bosch Rexroth

4 IMI PLC

5 Leser

6 Frese

7 Emerson

8 Forbes Marshall

9 Schlumberger

10 Baker Hughes and More……………

Market Segment by Materials Covered:

1 Cast Iron

2 Cryogenic

3 Steel

4 Alloy

5 Cryogenic

6 Other Materials

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Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Safety Valves Market, By Organization Size

6 Global Safety Valves Market, By Deployment Type

7 Global Safety Valves Market, By Component

8 Global Safety Valves Market, By End User

9 Global Safety Valves Market, By Geography

10 Key Developments

11 Company Profiling

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