Pressure Relief Valve (PRV) Market
Pressure Relief Valves are used to control the pressure in a system in case of a process upset, or equipment failure. The extra pressure in the systems is relieved through an auxiliary passage. A typical pressure relief valve is designed to operate at a predetermined set pressure to assist in protecting other vessels and equipment from being subjected to unsafe pressure. If the pressure in the system exceeded the relief valve automatically becomes the passage of least resistance and helps retain the pressure.
Pressure Relief Valves are used to control the pressure in a system in case of a process upset, or equipment failure. The extra pressure in the systems is relieved through an auxiliary passage. A typical pressure relief valve is designed to operate at a predetermined set pressure to assist in protecting other vessels and equipment from being subjected to unsafe pressure. If the pressure in the system exceeded the relief valve automatically becomes the passage of least resistance and helps retain the pressure.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Market</strong> Intelligence Report <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong> (<strong>PRV</strong>)<br />
<strong>Market</strong>, 2017-2027<br />
May 2017<br />
Report Id : REP-GB-3779<br />
Status : Ongoing<br />
Category : Industrial Automation and Equipment<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
About<br />
Future <strong>Market</strong> Insights<br />
Future <strong>Market</strong> Insights (FMI) is a premier provider of syndicated research reports, custom<br />
research reports, and consulting services. We deliver a complete packaged solution, which<br />
combines current market intelligence, statistical anecdotes, technology inputs, valuable growth<br />
insights, aerial view of the competitive framework, and future market trends.<br />
We provide research services at a global as well as regional level; key regions include GCC,<br />
ASEAN, and BRIC.<br />
Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,<br />
Technology, Healthcare, and Retail.<br />
We have a global presence with delivery centers across India specializing in providing global<br />
research reports and country research reports. FMI is headquartered out of London, U.K., with a<br />
state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning<br />
from every corner of the world to distill it to one thing – the perfect solution for our client.<br />
Research Capabilities<br />
Sector Coverage<br />
<br />
<br />
<br />
<br />
Customized Research<br />
Syndicated Research<br />
Investment Research<br />
Social Media Research<br />
<br />
<br />
<br />
<br />
Automotive and Transportation<br />
Electronics, Semiconductor, and ICT<br />
Retail and Consumer Products<br />
Industrial Automation and Equipment<br />
<br />
<br />
<br />
<br />
Chemicals & Materials<br />
Food and Beverages<br />
Services and Utilities<br />
Energy, Mining, Oil, and Gas<br />
Customized<br />
Research<br />
Syndicated<br />
Research<br />
Investment<br />
Research<br />
Social Media<br />
Research<br />
Subscription Information<br />
For detailed subscription information please contact<br />
Hari. T (Sr. Manager - Global Business Development)<br />
T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268<br />
Email: hari.t@futuremarketinsights.com<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
2
Research Methodology (1/2)<br />
Systematic Research Approach<br />
<strong>Market</strong> profiling<br />
Formulating discussion guide<br />
Developing list of respondents<br />
Data collection<br />
Data validation<br />
4<br />
5<br />
3<br />
1<br />
2<br />
In-depth secondary research is used to<br />
ascertain overall market size, top<br />
industry players, top products, industry<br />
associations, etc.<br />
PMR formulates a detailed discussion<br />
guide to conduct expert and industry<br />
interviews<br />
PMR develops a list of industry players<br />
(manufacturers), distributors, retailers<br />
and industry experts<br />
PMR conducts interviews with industry<br />
experts, industry players, distributors<br />
and retailers<br />
Data is validated by triangulation<br />
method, wherein secondary, primary<br />
and PMR analysis contribute to the final<br />
data<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Data<br />
Collection<br />
Data Filter<br />
& Analysis<br />
Identifying key opinion leaders<br />
Questionnaire design<br />
In-depth interviews<br />
Coverage across value chain<br />
<strong>Market</strong> participants<br />
Key strengths<br />
Product portfolio<br />
Mapping as per value chain<br />
Key focus segments<br />
A<br />
Primary<br />
Research<br />
C<br />
Company<br />
Analysis<br />
Research &<br />
Intelligence<br />
SOLUTION<br />
Actionable<br />
Insights<br />
B<br />
Desk<br />
Research<br />
<br />
<br />
<br />
<br />
<br />
<br />
Business<br />
Solution<br />
Key industry experts<br />
Channel study<br />
Developments<br />
<strong>Market</strong> dynamics<br />
Products<br />
Conclusions<br />
Data analysis<br />
6<br />
Data is scrutinized using MS-Excel to<br />
obtain qualitative and quantitative<br />
insights about the industry<br />
Primary Research #<br />
Secondary Research #<br />
Paid Publications#<br />
Insights<br />
7<br />
PMR delivers industry insights and<br />
information in the required format<br />
(PDF)<br />
<br />
<br />
<br />
<br />
Linkedin<br />
Zoominfo<br />
Salesforce<br />
Avention<br />
<br />
<br />
<br />
<br />
Company websites<br />
Company annual<br />
reports<br />
White papers<br />
Financial reports<br />
<br />
<br />
<br />
<br />
Factiva<br />
GBI<br />
Genios<br />
Meltwater<br />
# includes sources of databases<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
3
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong> (<strong>PRV</strong>) <strong>Market</strong><br />
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s are used to control the pressure in a system in case of a process upset, or<br />
equipment failure. The extra pressure in the systems is relieved through an auxiliary passage. A typical<br />
pressure relief valve is designed to operate at a predetermined set pressure to assist in protecting other<br />
vessels and equipment from being subjected to unsafe pressure. If the pressure in the system exceeded<br />
the relief valve automatically becomes the passage of least resistance and helps retain the pressure.<br />
<strong>Pressure</strong> relief valves finds application in a variegated range of industries ranging from F&B,<br />
Pharmaceuticals, Oil & Gas, Power and Paper & Pulp.<br />
Due to sluggish growth rate among most of these industries, the global pressure relief valves market is<br />
expected to expand with a moderate CAGR over the forecast period.<br />
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s <strong>Market</strong>: Drivers & Restraints<br />
The prime factor boosting the growth in the global pressure relief valves market is the reviving oil & gas<br />
and chemical industry, coupled with the rapidly growing industrialization efforts in the developing world.<br />
As companies relocate their manufacturing plants and set up new units across different geographies as<br />
per supply-demand scenario, demand for pressure relief valves is bound to increase. Increasing<br />
preference towards nuclear power generation particularly from countries such as India and China will<br />
also drive the demand for pressure relief valves. Furthermore, as most of the refineries showing plans for<br />
capacity expansion in near future, demand for pressure relief valves is anticipated to significantly<br />
increase. Rapidly increasing health and safety concerns across all industry verticals is another factor that<br />
is pushing existing industries to replace their legacy systems and upgrade to the new ones, thus fuelling<br />
more demand in the global pressure relief valves market.<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 4
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong> (<strong>PRV</strong>) <strong>Market</strong><br />
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s <strong>Market</strong>: <strong>Market</strong> Segmentation<br />
The <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s market is segmented into three parts based on product type, set pressure and end<br />
use industry:<br />
Based on product type, the <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s market is segmented into:<br />
• Spring loaded <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s<br />
• Pilot operated <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s<br />
• Dead weight <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s<br />
• Others<br />
Based on set pressure, the <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s market is segmented into:<br />
• High <strong>Pressure</strong><br />
• Medium <strong>Pressure</strong><br />
• Low <strong>Pressure</strong><br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 5
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong> (<strong>PRV</strong>) <strong>Market</strong><br />
Based on end use industry, the <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s market is segmented into:<br />
• Oil and Gas<br />
• Upstream<br />
• Midstream<br />
• Downstream<br />
Request For Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3779<br />
• Chemical Processing Industry<br />
• Power Industry<br />
• Paper and Pulp Industry<br />
• Textile Industry<br />
• Food and Beverage Industry<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 6
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong> (<strong>PRV</strong>) <strong>Market</strong><br />
• Plastic Industry<br />
• Leather Industry<br />
• Fertilizers and Pesticides<br />
• Pharmaceutical Industry<br />
• Others<br />
Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3779<br />
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s <strong>Market</strong>: Regional Outlook<br />
Geographically, pressure relief valves market has been categorized into seven key regions including North<br />
America, Western Europe, Eastern Europe, APEJ, Japan, Latin America, and the Middle East & Africa.<br />
North America is anticipated to dominate the global pressure relief valves market, amid, large number of<br />
chemical processing industries, and the rapidly expanding oil and gas production in the region. As oil and<br />
gas companies in the region explore more and more unconventional energy resources such as shale gas<br />
extraction, demand for pressure relief valves in the region is expected to remain high. Further, Western<br />
Europe being a global leader in chemical production is also anticipated to continue providing vast<br />
opportunity for pressure relief valves manufacturers.<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 7
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong> (<strong>PRV</strong>) <strong>Market</strong><br />
As, Asia Pacific Exc. Japan (APEJ) countries focus more on their domestic chemical production in turn relying less<br />
on western imports, demand for pressure relief valves in the region is expected to rise significantly. Moreover,<br />
on the backdrop of upcoming power generation projects inclusive of nuclear power plants in APEJ, the pressure<br />
relief valve market of the region is expected to grow throughout the forecast period. The Middle East and<br />
Africa’s pressure relief valves market is also anticipated to contribute significantly to the overall demand.<br />
Further, as oil prices revive demand for pressure relief valves in the region is expected to grow gradually. Japan is<br />
also a prominent region in terms of demand for pressure relief valves, however the growth rate is expected to<br />
remain moderate throughout the forecast period.<br />
<strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s <strong>Market</strong> Players<br />
Some of the key players identified in Global <strong>Pressure</strong> <strong>Relief</strong> <strong>Valve</strong>s market are:-<br />
• Pentair Ltd.<br />
• Weir Group PLC<br />
• GE Co<br />
• Curtiss Wright Corp.<br />
Click here to<br />
Order a free sample<br />
• LESER GmbH & Co. KG<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved 8
To know more about us, please visit our website:<br />
www.futuremarketinsights.com<br />
For sales queries or new topics email us on:<br />
sales@futuremarketinsights.com<br />
For media queries, contact the press office at<br />
press@futuremarketinsights.com<br />
For other queries contact:<br />
Hari. T (Sr. Manager - Global Business Development)<br />
Future <strong>Market</strong> Insights: 3rd Floor,<br />
207 Regent Street, London W1B 3HH<br />
T: +44 20 7692 8790 | D: +44 20 3287 4268<br />
Email: hari.t@futuremarketinsights.com<br />
Thank You<br />
Future <strong>Market</strong> Insights Global & Consulting Private Limited (FMI)<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved<br />
9
Change language