![Pressure Relief Valve (PRV) Market](/assets/img/reports/cover/Pressure-Relief-Valve-PRV-Market.jpeg)
Pressure Relief Valve (PRV) Market
Pressure Relief Valve (PRV) Market Global Industry Assessment & Forecast
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
Snapshot
![]() |
2021 - 2028 |
![]() |
2016 - 2020 |
![]() |
3.6 Billion |
![]() |
5.6 Million |
![]() |
3.4 |
![]() |
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
FAQ
Frequently Asked Question
What is the global demand for Pressure Relief Valve (PRV) in terms of revenue?
-
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%.
Which are the prominent players in the market?
-
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..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.4% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
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.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Pressure Relief Valve (PRV) in 2020.