The global Pressure Safety and Release Valves Market is expected to reach a substantially large market size in 2027 and register a high CAGR over the forecast period. Industry analysis indicates that rising demand for air release valves in various applications is driven by changing market trends, which are expected to support industry growth as well as market growth over the forecast period. Air relief valves or air release valves are valves which release air pockets that are developed in a pressured pipeline at each high point. They play a prominent role in pressurized piping systems. Air pockets enter an air release valve and displace the liquid inside, lowering the liquid level. When the level drops to a place where it no longer buoys the float, the float drops. The seat is then pulled away from the orifice which triggers the air release valve to open and vent the accumulated air into the air. Liquid re-enters the valve as the air is vented.
Market Overview:
Over the last few years, the manufacturing and construction industry has consistently experienced a growth in revenue, and it is expected to continue this growth between 2023 and 2027 with a robust revenue CAGR. This can be attributed to factors such as the rapidly growing construction and building sector, the rapid growth of urbanization and industrialization across the globe, and advances in manufacturing techniques. Increasing awareness of environmental impacts and carbon emissions has led to an increase in the demand for green construction and energy efficient buildings over the past few years. During the forecast period, key factors are expected to boost global market growth, such as the rapid expansion of the global population, changing lifestyle preferences, high demand for smart buildings, the rising number of renovations and reconstructions in the world, and an increase in eco-friendly construction activities. In addition to increasing disposable income, government schemes, and private investments to support manufacturing and construction industries, as well as a high emphasis on aesthetics, other factors are expected to boost global market growth.
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Competitive Landscape:
The report contains an industry analysis of the recent developments and trends in the Pressure Safety and Release Valves Market and strategies adopted by key players operating in the market. This also includes collaborations, business contracts, mergers and acquisitions, and joint ventures. For instance, on February 5, 2020, Flomatic Corporation introduced Model 745 in its swing check valves range. This model is used in the wastewater industry worldwide. On January 29, 2019, AVK Holding A/S completed the acquisition of ACMO. The ACMO product portfolio includes a range of needle valves, control valves, air release valves, and check valves
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Pressure Safety and Release Valves Market Segmentation:
The report consists of forecasts for the Pressure Safety and Release Valves Market at the global, regional, and country levels. The report contains analysis of market trends in each segment of the market for the period from 2020 to 2027. For this study, Reports and Data has segmented the global Pressure Safety and Release Valves Market in terms of type and application as follows.
By Type
- Heating / Air Bleeder Valve Type
- Rapid Venting Type
- Combined Type
By Application
- Irrigation
- Water Treatment
- Building and Fire Protection Systems
- Independent Heating Systems
- Floor Heating Systems
- Central Heating Systems
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