Market Overview:
The global automatic air bleed valve market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automatic air bleed valves from various end-use industries, such as oil & gas, chemical industry, power industry, and others. In addition, the growing awareness about energy conservation is also propelling the growth of this market. Based on type, the global automatic air bleed valve market can be segmented into combined type, heating type and other types. The combined type segment is expected to hold a major share of this market during the forecast period owing to its ability to provide efficient performance and easy installation. Based on application, this market can be divided into oil & gas industry, chemical industry power industry and others segments.
Product Definition:
An automatic air bleed valve is a device that opens to allow air to escape from a system, such as a hydraulic or pneumatic system, when the pressure in the system reaches a certain level. This helps to prevent damage to the system due to excess pressure.
Combined Type:
The global automatic air bleed valve market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for natural gas coupled with growing concerns regarding carbon emission from vehicles across the globe.
Increasing demand for natural gas coupled with growing concerns regarding carbon emission from vehicles across the globe is anticipated to boost growth over the forecast period.
Heating Type:
The heating type is used in automatic air bleed valve to heat the rubber seal which helps in expanding it and making a tight fit. The heating process also makes the plastic soft so that it can be easily molded. The market for automatic air bleed valve is driven by growing demand from end-use industries such as automotive, construction, oil & gas and aerospace & defense among others.
Application Insights:
The oil & gas industry was the largest application segment in 2017 and accounted for over 30% of the total market share. The growth can be attributed to growing demand for onshore and offshore platforms, pipelines and other infrastructure coupled with increasing production levels across various countries including Saudi Arabia, Russia, China, U.S., Canada etc. Automatic air bleed valves are used to control pressure in reservoirs by bleeding off excess pressure from reservoir walls through controlled openings in tubing or pipes connected to the valve without any risk of exceeding permitted limits or causing structural damage to downstream equipment.
Chemical industry applications include petrochemical plants along with their associated storage tanks where these valves are used as a safety device that prevents overpressure when there is loss of vacuum due to leakage or back-siphonage into containers holding liquids at high pressures (above atmospheric).
Regional Analysis:
North America was the largest market for automatic air bleed valve and accounted for a revenue share of over 35.0% in 2017 owing to the presence of numerous oil & gas and chemical industries in this region. The U.S., being an energy-rich nation, is also one of the major importers of crude oil which results in high demand for these valves across North America as they help reduce losses due to excessive pressure build-up within pipes during transportation resulting from heavy crude oil content.
The Asia Pacific is expected to be one of the fastest growing markets with a CAGR close to 6% from 2018 to 2030 owing herculean efforts made by various associations including AIBV Manufacturers Association, AIBV User Group, AIBV Association Of India And China In Asia (AIIAC) among others that work towards promoting awareness regarding maintenance practices.
Growth Factors:
- Increasing demand for automatic air bleed valves in the automotive industry for fuel efficiency and emissions control
- Growing popularity of automatic air bleed valves in the HVAC market for improved system performance
- Rising demand from process industries such as oil & gas, power generation, and chemical processing
- Increasing use of automatic air bleed valves in municipal water systems to prevent corrosion and scaling
- Proliferation of smart buildings with advanced controls that require automated bleeding
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Air Bleed Valve Market Research Report
By Type
Combined Type, Heating Type, Other
By Application
Oil & Gas, Chemical Industry, Power Industry, Others
By Companies
Parker Hannifin, Cameron, CIRCOR, Bonney Forge, Oliver Valves, AS-Schneider, L&T Valves, Flowserve, Swagelok, HY-LOK, DK-Lok, Haskel, Graco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
174
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Air Bleed Valve Market Report Segments:
The global Automatic Air Bleed Valve market is segmented on the basis of:
Types
Combined Type, Heating Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Chemical Industry, Power Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Parker Hannifin
- Cameron
- CIRCOR
- Bonney Forge
- Oliver Valves
- AS-Schneider
- L&T Valves
- Flowserve
- Swagelok
- HY-LOK
- DK-Lok
- Haskel
- Graco
Highlights of The Automatic Air Bleed Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Combined Type
- Heating Type
- Other
- By Application:
- Oil & Gas
- Chemical Industry
- Power Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Air Bleed Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automatic air bleed valve is a safety device that allows air to escape from an object in order to prevent it from becoming over-pressurized. When the pressure within an object becomes too high, the automatic air bleed valve opens and allows gas to escape, reducing the pressure within the object.
Some of the key players operating in the automatic air bleed valve market are Parker Hannifin, Cameron, CIRCOR, Bonney Forge, Oliver Valves, AS-Schneider, L&T Valves, Flowserve, Swagelok, HY-LOK, DK-Lok, Haskel, Graco.
The automatic air bleed valve market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Air Bleed Valve Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automatic Air Bleed Valve Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automatic Air Bleed Valve Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automatic Air Bleed Valve Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automatic Air Bleed Valve Market Size & Forecast, 2018-2028 4.5.1 Automatic Air Bleed Valve Market Size and Y-o-Y Growth 4.5.2 Automatic Air Bleed Valve Market Absolute $ Opportunity
Chapter 5 Global Automatic Air Bleed Valve Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automatic Air Bleed Valve Market Size Forecast by Type
5.2.1 Combined Type
5.2.2 Heating Type
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Air Bleed Valve Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automatic Air Bleed Valve Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Chemical Industry
6.2.3 Power Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Air Bleed Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Air Bleed Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automatic Air Bleed Valve Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Air Bleed Valve Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automatic Air Bleed Valve Market Size Forecast by Type
9.6.1 Combined Type
9.6.2 Heating Type
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automatic Air Bleed Valve Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Chemical Industry
9.10.3 Power Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automatic Air Bleed Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Air Bleed Valve Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automatic Air Bleed Valve Market Size Forecast by Type
10.6.1 Combined Type
10.6.2 Heating Type
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automatic Air Bleed Valve Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Chemical Industry
10.10.3 Power Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automatic Air Bleed Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Air Bleed Valve Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automatic Air Bleed Valve Market Size Forecast by Type
11.6.1 Combined Type
11.6.2 Heating Type
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automatic Air Bleed Valve Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Chemical Industry
11.10.3 Power Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automatic Air Bleed Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Air Bleed Valve Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automatic Air Bleed Valve Market Size Forecast by Type
12.6.1 Combined Type
12.6.2 Heating Type
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automatic Air Bleed Valve Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Chemical Industry
12.10.3 Power Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automatic Air Bleed Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Air Bleed Valve Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automatic Air Bleed Valve Market Size Forecast by Type
13.6.1 Combined Type
13.6.2 Heating Type
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automatic Air Bleed Valve Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Chemical Industry
13.10.3 Power Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Air Bleed Valve Market: Competitive Dashboard
14.2 Global Automatic Air Bleed Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Parker Hannifin
14.3.2 Cameron
14.3.3 CIRCOR
14.3.4 Bonney Forge
14.3.5 Oliver Valves
14.3.6 AS-Schneider
14.3.7 L&T Valves
14.3.8 Flowserve
14.3.9 Swagelok
14.3.10 HY-LOK
14.3.11 DK-Lok
14.3.12 Haskel
14.3.13 Graco