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Pressure Relief Valve (PRV) Market

Pressure Relief Valve (PRV) Market

Pressure Relief Valve (PRV) Market Global Industry Assessment & Forecast

# Pages:


Base Year:


Nov - 2021


Report Code:


Segments Covered
  • By Type High Pressure Relief Valves, Medium Pressure Relief Valves, Low Pressure Relief Valves
  • By Application Oil and Gas, Chemical Processing Industry, Paper and Pulp Industry, Food and Beverage Industry, Pharmaceutical Industry, Others
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 3.6 Billion
Revenue 2028Revenue 2028: 5.6 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 3.4
Fastest Growing Region Fastest Growing Region (2022 - 2028) North America
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Frequently Asked Question
  • The global Pressure Relief Valve (PRV) valued at 3.6 Billion in 2020 and is expected to reach 5.6 Million in 2028 growing at a CAGR of 3.4%.

  • The prominent players in the market are Pentair, IMI, Conbarco Industries, Curtiss Wright, Weir Group, Alfa Laval, Velan, Flow Safe, LESER, GE, Goetze KG Armaturen, Watts Water Technologies..

  • The market is project to grow at a CAGR of 3.4% between 2021 and 2028.

  • The driving factors of the Pressure Relief Valve (PRV) include

    • Rapidly growing health and safety concerns across all industry verticals is drivng factor for Pressure Relief Valve (PRV) Market.
    • Growth and reviving oil & gas in chemical industry for manufacturing is drivng the demand for Pressure Relief Valve (PRV) Market.

  • North America was the leading regional segment of the Pressure Relief Valve (PRV) in 2020.