The Latin America, Middle East and Africa Pressure Relief Valves Market should witness market growth of 7.1% CAGR during the forecast period (2022-2028).
A Relief valve is usually installed in a hydraulic system after the pump. It gives a direct, effective, and fast response when the device opens to bleed excess fluid into a reservoir. The fluid cloud is liquid-gas, liquid, or gas. This decreases the pressure equal to its spring setting. The device opens as the pressure caused by downstream or backpressure is strong enough to force the spool or poppet to open against the spring.
In working a relief valve, excessive pressurized fluid is given from an open path to a tank to reduce work port pressure. As soon as the fluid pressure increases, the force is applied to the bottom of the poppet or spool. This allows the valve to open modestly and releases only a small amount of fluid as needed to maintain the downstream pressure.
The United Arab Emirates (UAE) is amongst the world's largest oil producers. Around 96% of the nation's roughly 100 billion barrels of proven oil reserves are situated in Abu Dhabi. The UAE produces approximately 3.2 million barrels of liquid and petroleum every day. The UAE is looking to create an unconventional oil and gas production. According to the Energy Information Administration, UAE has one of the world's largest natural gas reserves. In 2020, the UAE also announced the discovery of over 80 trillion cubic feet of gas resources. Hence, boosting the market growth in the region.
The Brazil market dominated the LAMEA Pressure Relief Valves Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $125.4 million by 2028. The Argentina market is experiencing a CAGR of 7.6% during (2022-2028). Additionally, The UAE market would display a CAGR of 6.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.
A Relief valve is usually installed in a hydraulic system after the pump. It gives a direct, effective, and fast response when the device opens to bleed excess fluid into a reservoir. The fluid cloud is liquid-gas, liquid, or gas. This decreases the pressure equal to its spring setting. The device opens as the pressure caused by downstream or backpressure is strong enough to force the spool or poppet to open against the spring.
In working a relief valve, excessive pressurized fluid is given from an open path to a tank to reduce work port pressure. As soon as the fluid pressure increases, the force is applied to the bottom of the poppet or spool. This allows the valve to open modestly and releases only a small amount of fluid as needed to maintain the downstream pressure.
The United Arab Emirates (UAE) is amongst the world's largest oil producers. Around 96% of the nation's roughly 100 billion barrels of proven oil reserves are situated in Abu Dhabi. The UAE produces approximately 3.2 million barrels of liquid and petroleum every day. The UAE is looking to create an unconventional oil and gas production. According to the Energy Information Administration, UAE has one of the world's largest natural gas reserves. In 2020, the UAE also announced the discovery of over 80 trillion cubic feet of gas resources. Hence, boosting the market growth in the region.
The Brazil market dominated the LAMEA Pressure Relief Valves Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $125.4 million by 2028. The Argentina market is experiencing a CAGR of 7.6% during (2022-2028). Additionally, The UAE market would display a CAGR of 6.8% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
By Pressure
- Low
- Medium
- High
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Pressure Relief Valves Market, by Pressure
1.4.2 LAMEA Pressure Relief Valves Market, by End User
1.4.3 LAMEA Pressure Relief Valves Market, by Type
1.4.4 LAMEA Pressure Relief Valves Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Pressure Relief Valves Market by Pressure
3.1 LAMEA Low Market by Country
3.2 LAMEA Medium Market by Country
3.3 LAMEA High Market by Country
Chapter 4. LAMEA Pressure Relief Valves Market by End User
4.1 LAMEA Power Generation Market by Country
4.2 LAMEA Manufacturing Market by Country
4.3 LAMEA Oil & Gas Market by Country
4.4 LAMEA Water & Wastewater Market by Country
4.5 LAMEA Chemical Market by Country
4.6 LAMEA Food & Beverages Market by Country
Chapter 5. LAMEA Pressure Relief Valves Market by Type
5.1 LAMEA Spring Loaded Market by Country
5.2 LAMEA Pilot Operated Market by Country
5.3 LAMEA Dead Weight Market by Country
5.4 LAMEA P & T Actuated Market by Country
Chapter 6. LAMEA Pressure Relief Valves Market by Country
6.1 Brazil Pressure Relief Valves Market
6.1.1 Brazil Pressure Relief Valves Market by Pressure
6.1.2 Brazil Pressure Relief Valves Market by End User
6.1.3 Brazil Pressure Relief Valves Market by Type
6.2 Argentina Pressure Relief Valves Market
6.2.1 Argentina Pressure Relief Valves Market by Pressure
6.2.2 Argentina Pressure Relief Valves Market by End User
6.2.3 Argentina Pressure Relief Valves Market by Type
6.3 UAE Pressure Relief Valves Market
6.3.1 UAE Pressure Relief Valves Market by Pressure
6.3.2 UAE Pressure Relief Valves Market by End User
6.3.3 UAE Pressure Relief Valves Market by Type
6.4 Saudi Arabia Pressure Relief Valves Market
6.4.1 Saudi Arabia Pressure Relief Valves Market by Pressure
6.4.2 Saudi Arabia Pressure Relief Valves Market by End User
6.4.3 Saudi Arabia Pressure Relief Valves Market by Type
6.5 South Africa Pressure Relief Valves Market
6.5.1 South Africa Pressure Relief Valves Market by Pressure
6.5.2 South Africa Pressure Relief Valves Market by End User
6.5.3 South Africa Pressure Relief Valves Market by Type
6.6 Nigeria Pressure Relief Valves Market
6.6.1 Nigeria Pressure Relief Valves Market by Pressure
6.6.2 Nigeria Pressure Relief Valves Market by End User
6.6.3 Nigeria Pressure Relief Valves Market by Type
6.7 Rest of LAMEA Pressure Relief Valves Market
6.7.1 Rest of LAMEA Pressure Relief Valves Market by Pressure
6.7.2 Rest of LAMEA Pressure Relief Valves Market by End User
6.7.3 Rest of LAMEA Pressure Relief Valves Market by Type
Chapter 7. Company Profiles
7.1 General Electric Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Emerson Electric Co.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Acquisition and Mergers:
7.3 The Weir Group PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Product Launches and Product Expansions:
7.4 Curtis-Wright Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Acquisition and Mergers:
7.5 IMI PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segment & Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.6 Watts Water Technologies, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expenses
7.7 Alfa Laval AB
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.8 AGF Manufacturing, Inc.
7.8.1 Company Overview
7.9 Mercury Manufacturing Company Ltd.
7.9.1 Company Overview
7.10. Goetze KG Armaturen
7.10.1 Company Overview
Companies Mentioned
- 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
Methodology
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