Safety Valve Market Size, Share, and Trends 2024 to 2034

The global safety valve market size is calculated at USD 8.44 billion in 2025 and is forecasted to reach around USD 16.94 billion by 2034, accelerating at a CAGR of 8.05% from 2025 to 2034. The North America safety valve market size surpassed USD 3.12 billion in 2024 and is expanding at a CAGR of 8.22% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 3481
  • Category : Machinery and Equipment

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Safety Valve Market 

5.1. COVID-19 Landscape: Safety Valve Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Safety Valve Market, By Type

8.1. Safety Valve Market Revenue and Volume, by Type

8.1.1 Spring-loaded Pressure-relief Valves

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Dead-Weight Pressure-relief Valves

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Pilot-operated Pressure-relief Valves

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Safety Valve Market, By Material

9.1. Safety Valve Market Revenue and Volume, by Material

9.1.1. Cryogenic

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Stainless Steel

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Alloy

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Cast Iron

9.1.4.1. Market Revenue and Volume Forecast

Chapter 10. Global Safety Valve Market, By End Use Industry 

10.1. Safety Valve Market Revenue and Volume, by End Use Industry

10.1.1. Oil Gas

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Water Wastewater

10.1.2.1. Market Revenue and Volume Forecast

10.1.3. Energy Power

10.1.3.1. Market Revenue and Volume Forecast

10.1.4. Pharmaceuticals

10.1.4.1. Market Revenue and Volume Forecast

10.1.5. Paper Pulp

10.1.5.1. Market Revenue and Volume Forecast

10.1.6. Agriculture

10.1.6.1. Market Revenue and Volume Forecast

10.1.7. Metal Mining

10.1.7.1. Market Revenue and Volume Forecast

Chapter 11. Global Safety Valve Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type

11.1.2. Market Revenue and Volume Forecast, by Material

11.1.3. Market Revenue and Volume Forecast, by End Use Industry

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type

11.1.4.2. Market Revenue and Volume Forecast, by Material

11.1.4.3. Market Revenue and Volume Forecast, by End Use Industry

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type

11.1.5.2. Market Revenue and Volume Forecast, by Material

11.1.5.3. Market Revenue and Volume Forecast, by End Use Industry

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type

11.2.2. Market Revenue and Volume Forecast, by Material

11.2.3. Market Revenue and Volume Forecast, by End Use Industry

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type

11.2.4.2. Market Revenue and Volume Forecast, by Material

11.2.4.3. Market Revenue and Volume Forecast, by End Use Industry

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type

11.2.5.2. Market Revenue and Volume Forecast, by Material

11.2.5.3. Market Revenue and Volume Forecast, by End Use Industry

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type

11.2.6.2. Market Revenue and Volume Forecast, by Material

11.2.6.3. Market Revenue and Volume Forecast, by End Use Industry

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type

11.2.7.2. Market Revenue and Volume Forecast, by Material

11.2.7.3. Market Revenue and Volume Forecast, by End Use Industry

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type

11.3.2. Market Revenue and Volume Forecast, by Material

11.3.3. Market Revenue and Volume Forecast, by End Use Industry

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type

11.3.4.2. Market Revenue and Volume Forecast, by Material

11.3.4.3. Market Revenue and Volume Forecast, by End Use Industry

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type

11.3.5.2. Market Revenue and Volume Forecast, by Material

11.3.5.3. Market Revenue and Volume Forecast, by End Use Industry

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type

11.3.6.2. Market Revenue and Volume Forecast, by Material

11.3.6.3. Market Revenue and Volume Forecast, by End Use Industry

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type

11.3.7.2. Market Revenue and Volume Forecast, by Material

11.3.7.3. Market Revenue and Volume Forecast, by End Use Industry

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type

11.4.2. Market Revenue and Volume Forecast, by Material

11.4.3. Market Revenue and Volume Forecast, by End Use Industry

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type

11.4.4.2. Market Revenue and Volume Forecast, by Material

11.4.4.3. Market Revenue and Volume Forecast, by End Use Industry

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type

11.4.5.2. Market Revenue and Volume Forecast, by Material

11.4.5.3. Market Revenue and Volume Forecast, by End Use Industry

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type

11.4.6.2. Market Revenue and Volume Forecast, by Material

11.4.6.3. Market Revenue and Volume Forecast, by End Use Industry

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type

11.4.7.2. Market Revenue and Volume Forecast, by Material

11.4.7.3. Market Revenue and Volume Forecast, by End Use Industry

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type

11.5.2. Market Revenue and Volume Forecast, by Material

11.5.3. Market Revenue and Volume Forecast, by End Use Industry

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type

11.5.4.2. Market Revenue and Volume Forecast, by Material

11.5.4.3. Market Revenue and Volume Forecast, by End Use Industry

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type

11.5.5.2. Market Revenue and Volume Forecast, by Material

11.5.5.3. Market Revenue and Volume Forecast, by End Use Industry

Chapter 12. Company Profiles

12.1. Emerson Electric Co.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Honeywell International Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Baker Hughes Company

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Schlumberger Limited

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Cameron International Corporation

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. CIRCOR International, Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Spirax-Sarco Engineering plc

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. IMI plc

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Flowserve Corporation

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. LESER GmbH & Co. KG

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global safety valve market size is expected to increase USD 16.94 billion by 2034 from USD7.81 billion in 2024.

The global safety valve market will register growth rate of 8.05% between 2025 and 2034.

The major players operating in the safety valve market are Emerson Electric Co., Honeywell International Inc., Baker Hughes Company, Schlumberger Limited, Cameron International Corporation, CIRCOR International, Inc., Spirax-Sarco Engineering plc, IMI plc, Flowserve Corporation, LESER GmbH & Co. KG, Velan Inc., Forbes Marshall, Weir Group plc, Curtiss-Wright Corporation, Anderson Greenwood Crosby, and Others.

The driving factors of the safety valve market are the sustained expansion of industries and focus on preventive maintenance.

North America region will lead the global safety valve market during the forecast period 2025 to 2034.

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