Industrial valves comprise many products that manage the flow of gases and fluids in industrial applications. Among these, pressure safety valves are designed for process control, process safety, original equipment manufacturer (OEM) applications, and others across several end-user industries.
These valves prevent the over-pressurization of pressure-based equipment and machineries by sensing and subsequently guiding the additional surge in pressure towards alternate passages or into atmosphere. As a result, they are used in steam boilers, heating boilers, pressure-based vessels and systems, OEM applications, industrial machineries, and other applications. The valve design and construction are varied to have a manual or automatically-operated opening and closing of valves at working settings during the system operation.

Market Analysis and Insights: Global Pressure Safety Valve Market
The global Pressure Safety Valve market is valued at US$ 45 million in 2019. The market size will reach US$ 51 million by the end of 2026, growing at a CAGR of 1.6% during 2021-2026.

Global Pressure Safety Valve Scope and Segment
Pressure Safety Valve market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Pressure Safety Valve market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Spring Operated Valve
Pilot Operated Valve
Dead Weight Valve

Segment by Application
Oil and Gas
Power and Energy
Healthcare and Pharmaceutical
Water Supply System
Others

By Company
Bourke Valves
Callidus Group
Cebeco Pty. Ltd.
Emerson Electric Co.
LESER GmbH and Co. KG
Mercer Valve Company, Inc.
Powerflo Solutions
Score Group PLC
Spirax Sarco Pty. Limited
Western Process Controls

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE