The Europe Pressure Relief Valves Market would witness market growth of 4.3% CAGR during the forecast period (2022-2028).
The pressure relief valve may be the only device remaining to prevent a catastrophic failure once a situation occurs that causes the pressure in a vessel or system to increase to a hazardous level. Since reliability is directly related to the complexity of the device, it is essential that the design of the pressure relief valve be as simple as possible. The pressure relief valve must open at a set pressure that is predetermined by the operators, flow at a rated capacity at a specified overpressure, and close when the system pressure is back to a safe level.
Pressure relief valves must be made with a material compatible with many process fluids, from water and air to the most corrosive ones. They must be created to operate consistently, stable, and smoothly with numerous fluids and fluid phases. The main objective of a pressure relief valve is to save life, property, and the environment. A pressure relief valve is a safety device and, in many cases, the final safeguarding measure. The valve must be maintained and kept operating at all times and under all circumstances.
The construction sector in UK reaches every corner of the nation. It is a fundamental pillar of the economy as the nation invests in its future. For building homes, hospitals, schools, factories, offices, and energy infrastructure that keeps the industry running. The UK's manufacturing industry will represent more than £600 billion in the next decade, including around £44 billion for housing. The rapid growth of the construction sector with the rising number of government-funded projects in the sector will surge the demand for pressure relief valves in the construction processes, which will drive the market growth in the Europe region.
The Germany market dominated the Europe Pressure Relief Valves Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $330.8 million by 2028. The UK market is anticipated to grow at a CAGR of 3.5% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 5.1% during (2022 - 2028).
Based on Pressure, the market is segmented into Low, Medium and High. Based on End User, the market is segmented into Power Generation, Manufacturing, Oil & Gas, Water & Wastewater, Chemical and Food & Beverages. Based on Type, the market is segmented into Spring Loaded, Pilot Operated, Dead Weight and P & T Actuated. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Pressure Relief Valves Market will Hit $5.5 Billion by 2028, at a CAGR of 4.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric Company, Emerson Electric Co., The Weir Group PLC, Curtis-Wright Corporation, IMI PLC, Watts Water Technologies, Inc., Alfa Laval AB, AGF Manufacturing, Inc., Mercury Manufacturing Company Ltd., and Goetze KG Armaturen.
Scope of the Study
Market Segments Covered in the Report:
By Pressure
By End User
- Power Generation
- Manufacturing
- Oil & Gas
- Water & Wastewater
- Chemical
- Food & Beverages
By Type
- Spring Loaded
- Pilot Operated
- Dead Weight
- P & T Actuated
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- General Electric Company
- Emerson Electric Co.
- The Weir Group PLC
- Curtis-Wright Corporation
- IMI PLC
- Watts Water Technologies, Inc.
- Alfa Laval AB
- AGF Manufacturing, Inc.
- Mercury Manufacturing Company Ltd.
- Goetze KG Armaturen
TABLE 1 Europe Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 2 Europe Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 3 Europe Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 4 Europe Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 5 Europe Low Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Low Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Medium Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Medium Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe High Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe High Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 12 Europe Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 13 Europe Power Generation Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Power Generation Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Oil & Gas Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Oil & Gas Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Water & Wastewater Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Water & Wastewater Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Chemical Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Chemical Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Food & Beverages Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Food & Beverages Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 26 Europe Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 27 Europe Spring Loaded Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Spring Loaded Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Pilot Operated Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Pilot Operated Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Dead Weight Market by Country, 2018 - 2021, USD Million
TABLE 32 Europe Dead Weight Market by Country, 2022 - 2028, USD Million
TABLE 33 Europe P & T Actuated Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe P & T Actuated Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Pressure Relief Valves Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Pressure Relief Valves Market by Country, 2022 - 2028, USD Million
TABLE 37 Germany Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 38 Germany Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 39 Germany Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 40 Germany Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 41 Germany Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 42 Germany Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 43 Germany Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 44 Germany Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 45 UK Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 46 UK Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 47 UK Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 48 UK Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 49 UK Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 50 UK Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 51 UK Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 52 UK Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 53 France Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 54 France Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 55 France Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 56 France Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 57 France Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 58 France Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 59 France Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 60 France Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 61 Russia Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 62 Russia Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 63 Russia Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 64 Russia Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 65 Russia Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 66 Russia Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 67 Russia Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 68 Russia Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 69 Spain Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 70 Spain Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 71 Spain Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 72 Spain Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 73 Spain Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 74 Spain Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 75 Spain Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 76 Spain Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 77 Italy Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 78 Italy Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 79 Italy Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 80 Italy Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 81 Italy Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 82 Italy Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 83 Italy Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 84 Italy Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Pressure Relief Valves Market, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Pressure Relief Valves Market, 2022 - 2028, USD Million
TABLE 87 Rest of Europe Pressure Relief Valves Market by Pressure, 2018 - 2021, USD Million
TABLE 88 Rest of Europe Pressure Relief Valves Market by Pressure, 2022 - 2028, USD Million
TABLE 89 Rest of Europe Pressure Relief Valves Market by End User, 2018 - 2021, USD Million
TABLE 90 Rest of Europe Pressure Relief Valves Market by End User, 2022 - 2028, USD Million
TABLE 91 Rest of Europe Pressure Relief Valves Market by Type, 2018 - 2021, USD Million
TABLE 92 Rest of Europe Pressure Relief Valves Market by Type, 2022 - 2028, USD Million
TABLE 93 KEY INFORMATION – GENERAL ELECTRIC Company
TABLE 94 Key Information – Emerson Electric Co.
TABLE 95 Key Information – The Weir Group PLC
TABLE 96 Key Information – curtis-wright corporation
TABLE 97 Key information – IMI Plc
TABLE 98 Key Information – WATTS WATER TECHNOLOGIES, INC.
TABLE 99 Key Information – ALFA laval Ab
TABLE 100 Key Information – AGF mANUFACTURING, Inc.
TABLE 101 Key Information – Mercury Manufacturing Company Ltd.
TABLE 102 Key Information – Goetze KG Armaturen
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: General electric (GE) Co.