Pressure Relief Valve (PRV) Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The Pressure Relief Valve (PRV) Market size is expected to grow at an annual average of CAGR 3% during the forecast period (2022-2028). A relief valve, also known as a pressure relief valve (PRV), is a safety valve used to manage or limit pressure in a system. fire. Pressure is relieved by allowing pressurized fluid to flow out of the system through an auxiliary path. Relief valves are intended or programmed to open at a specified set pressure so that pressure vessels and other equipment do not exceed design limits. When the predetermined pressure is exceeded, the relief valve is forced open and part of the fluid is redirected along the secondary channel, making it the “least resistance method”.

The following segmentation are covered in this report:

By Set Pressure

• Low Pressure Relief Valves
• Medium Pressure Relief Valves
• High Pressure Relief Valves

By Product Type

• Spring Loaded Pressure Relief Valves
• Pilot operated Pressure Relief Valves
• Dead Weight Pressure Relief Valves
• P&T Actuated Pressure Relief Valves

Company Profile

• Emerson Electric Co.
• Parker Hannifin Corp
• Watts
• Baker Hughes Company
• Rexnord Corporation ( ZurnTrchnologies)
• Curtiss-Wright Corporation
• The Weir Group plc
• ALFA Laval AB
• CIRCOR International, Inc.
• IMI plc
• Mercer Valve Co., Inc.
• Flow Safe, Inc.
• AGF Manufacturing, Inc
• Yuanda Valve Group Co., Ltd

Scope of the report

The research study analyses the Pressure Relief Valve (PRV) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Pressure Relief Valve (PRV) Market Report

• What was the Pressure Relief Valve (PRV) Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Pressure Relief Valve (PRV) Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Pressure Relief Valve (PRV) Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.