Safety Valves Market - Forecast, 2020 - 2027

1. Report Title Safety Valves Market - Global Opportunities and Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

2. The GMI Research report provides an overall outlook of the industry through a detailed market segmentation. The report offers thorough information related to the the overview and scope of the market, including the market drivers, restraints and emerging trends in the industry. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country participating in the study. Competitive Rivalry of the Safety Valves Market: The leading players in the safety valves market include Weir Group plc, Emerson Electric Co., Forbes Marshall, Curtiss-Wright Corporation, Schlumberger, Bosch Rexroth AG, Baker Hughes (A GE Company), IMI plc, LESER GmbH & Co. KG, Alfa Laval AB, among others. Drivers of the Safety Valves Market: The significant factors contributing to the growth of the safety valves market include the growing demand in the oil & gas sector, rising importance of safety valve across different industrial process such as water &wastewater treatment, chemical, energy & power, coupled with the rapid rise in nuclear energy generation. The increase in the oil & gas sector, particularly in the developing countries, coupled with rising growth in chemical processing, energy & power generation, paper & pulp, and pharmaceuticals sector is further fuelling the growth of the market. The increasing number of accident incidences across various industries is leading to an upsurge in the demand for safety valves for several industrial operations. Various regulatory bodies’ initiatives aiming at growing operational safety and the huge need for high-performance pressure relief valves will further bolster the emerging demand of the market. In addition to this, the increasing usage of 3D printer in manufacturing and constant need for safety valve replacement will bring new growth opportunities in the market. On the other edge of the spectrum, the high cost of fabrication will hinder the growth of the safety valve market. 2

3. Market Segmentation: The main objective of the study is to define market sizes of the different market segments & countries during the forecast period and analyze the values in the next six years. The detailed segments and sub-segments of the market are explained below: Breakup by Material: •Steel •Cast Iron •Cryogenic •Alloy •Others o Brass o Bronze o Plastic Breakup by Size: •Up to 1” •1–6” •6–25” •25–50” •50” & Larger Breakup by Industry: •Oil & Gas •Energy & Power •Chemicals •Water & Wastewater •Building & Construction •Pharmaceuticals •Agriculture •Metal & Mining •Paper & Pulp •Food & Beverages •Others 3

4. Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRst of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. 4

5. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 5