Pressure Vacuum Relief Valve Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 1.8 Billion by 2033, growing at a CAGR of 5.5% from 2026 to 2033.
The global Pressure Vacuum Relief Valve Market was valued at approximately USD 2.6 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth is primarily driven by the increasing demand across various industries such as oil & gas, chemicals, and pharmaceuticals, where the need for safety equipment to regulate pressure and vacuum in storage tanks is critical. The market size is expected to reach USD 4.5 billion by 2030. North America currently holds the largest market share, accounting for about 40% of the total revenue, driven by stringent safety regulations and the presence of large industrial infrastructure. Europe and Asia Pacific are also significant contributors, with Asia Pacific projected to witness the highest growth due to rapid industrialization and increasing investments in infrastructure development in countries like China and India.
Regionally, North America is expected to maintain a dominant position in the Pressure Vacuum Relief Valve Market, owing to a large number of refineries, chemical plants, and oil storage facilities. The market in Europe, particularly in countries such as Germany, France, and the UK, is fueled by strong industrial operations and increasing regulatory measures surrounding safety equipment. The Asia Pacific region, however, is anticipated to grow at the highest CAGR, driven by expanding industrial operations, urbanization, and growing awareness about safety standards in emerging economies. The Middle East & Africa region is also expected to contribute significantly due to increasing oil and gas production activities, while Latin America is anticipated to see moderate growth, mainly driven by chemical and petrochemical industries.
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General Electric
Emerson Electric
Weir Group
Curtiss-Wright
Watts Water Technologies
Inc.
Alfa Laval AB
CIRCOR
IMI plc
Aalberts
Parker Hannifin
Pentair
Gresswell Valves
LESER GmbH & Co. KG
Flow Safe
GEA AWP Valves
Mercury Manufacturing
Control Devices
AGF Manufacturing
Goetze KG Armaturen
Aquatrol
Wenzhou Sansun Stainless Co.
Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pressure Vacuum Relief Valve Market
Conventional Pressure Vacuum Relief Valves
Pilot-Operated Pressure Vacuum Relief Valves
Spring-Loaded Pressure Vacuum Relief Valves
Ball Valves
Others
Stainless Steel
Carbon Steel
Aluminum
Plastic
Others
Oil and Gas
Chemical Industries
Water and Wastewater Treatment
Pharmaceuticals
Food and Beverage
Petrochemical
Mining
Power Generation
Transportation and Logistics
Aerospace
Less than 2 inches
2-6 inches
6-12 inches
More than 12 inches
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pressure Vacuum Relief Valve Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pressure Vacuum Relief Valve Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pressure Vacuum Relief Valve Market, By Type
6. Global Pressure Vacuum Relief Valve Market, By Application
7. Global Pressure Vacuum Relief Valve Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Pressure Vacuum Relief Valve Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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