The document summarizes a report on the safety valves market from 2019 to 2024. It discusses key factors driving market growth such as increased demand from oil & gas and nuclear energy industries. The market is expected to reach $5.5 billion by 2024, growing at a CAGR of 4.3% annually. Major material segments are stainless steel, cast iron, and alloy, while oil & gas and water/wastewater treatment are leading industries. The Asia Pacific region is projected to have the largest market share in 2019.

1. Safety Valves Market by Material, Future Demands, and Key Players, 2024

2. Scope of The Report
Research report categorizes the Safety Valves Market
based on Size, Material, Industry and Region.
And More…
By Material
• Stainless Steel
• Cast Iron
• Alloy
• Cryogenic
By Industry
• Oil & Gas
• Water & Wastewater Treatment
• Energy & Power

3. Key Segments
APAC expected to hold largest share of safety valve market in 2019
Importance of safety valves in industrial processes, increased need from
oil & gas, growth in nuclear energy generation are among the key driving
factors for the safety valves market. Constant need for safety valve
replacement, use of 3D printers in manufacturing lines are among the
other factors fueling the growth of the market. However, the high cost of
fabrication can hinder the growth of the safety valves market.
Browse 65 market data Tables and 40 Figures spread through 130 P
ages and in-depth TOC on "Safety Valves Market”
Oil & gas industry to hold the largest share of the safety valve market in
2019
Market for cryogenic material to grow at the highest CAGR during the for
ecast period
The safety valves market is expected to be valued at USD 4.5 billion in
2019 and is likely to reach USD 5.5 billion by 2024, at a CAGR of 4.30%
during the forecast period.
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4. Safety Valves Market Growth Rate
2024
Market Size of $
4.5 billion
Market Size of
$ 5.5 billion
2019
CAGR of 4.30%

5. Key Vendors
Vendors
View Report Here - https://www.marketsandmarkets.com/Market-Reports/safety
-valve-market-121512658.html
• Emerson (US)
• Alfa Laval (Sweden)
• Cameron Schlumberger (US)
• IMI PLC (UK)
• LESER (Germany)

6. Top Region..
• North America
• Europe
• APAC
• RoW
View Report Here - https://www.marketsandmarkets.com/Market-Reports/safety-valve-market-121512658.ht
ml

7. 1. Where will all these developments take the industry in the mid to long term?
2. What are the leading industries of safety valve?
3. How advancements in the industries is influencing the market?
4. Which valve material is expected to penetrate significantly in the safety valves market?
Key Questions Answered in Our Report
5. Which countries are expected to witness significant growth in the safety valves market?

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