Market Overview:
The global vacuum security valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vacuum security valves in various applications such as petroleum, natural gas, electricity generation, and others. Additionally, the growing demand for vacuum security valves in emerging countries is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
A vacuum security valve is a type of valve that is used to prevent the escape of vacuum. It is important because it helps to maintain the vacuum in a system and prevents leaks.
G 1/4:
G 1/4 is a type of vacuum security valve which is used to restrict the flow of vacuum in case of any blockage in the system. It can be closed by using an oring attached to a diaphragm, and it works on the principle as described above. G 1/4 oring has two sealing surfaces, one facing towards the system and other towards outside atmosphere.
G 1/8:
G 1/8 is a type of vacuum security valve which is used to control the vacuum in the pipeline. It’s installed between the pipeline and its downstream equipment such as pumps, valves, or meters. G 1/8 has an internal thread which allows it to be attached to other valves or fittings easily. The product finds significant application in oil & gas industry for crude oil transportation from wellhead to processing facilities and storage tanks through pipelines of various diameters.
Application Insights:
Petroleum emerged as the largest application segment in 2017 and is expected to maintain its dominance over the forecast period. The growing importance of vacuum security valves in petroleum sector is attributed to increasing risk of pipeline breach due to pressure loss during theft or damage. In addition, these products are used for safety and security of oil & gas pipelines at various stages including landfall, offshore, onshore/in-line and distribution centers.
Natural Gas applications include processing plants, power generation facilities and petrochemical industries that use natural gas as fuel for their operations. Growing demand for natural gas from emerging economies such as China has led to increased utilization of these products across the value chain in order to ensure safe & secure flow of natural gas without any leakage or accidents caused by under-pressure conditions along with reducing operational cost is anticipated drive market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 5% from 2018 to 2030. This can be attributed to the presence of stringent regulations by the U.S. government and various state governments regarding safety measures for workers and public during disasters, such as hurricanes or floods, which have led to an increased demand for vacuuming systems in North America over the past few years.
Asia Pacific is anticipated to register significant growth over the forecast period owing to increasing investments by various countries, such as China.
Growth Factors:
- Increasing demand for vacuum security valves in the oil and gas industry as a result of the increasing exploration and production activities
- Growing demand for vacuum security valves from end-use industries such as chemical, petrochemical, and pharmaceutical due to the increasing use of these valves in process plants
- Rising concerns over safety and security among industrial operators, which is expected to drive the demand for vacuum security valves in the near future
- Technological advancements in valve design that are making these devices more efficient and reliable, thereby boosting their adoption across various industries
- Growing awareness about the benefits of using vacuum security valves among industrial operators, which is likely to create new growth opportunities for this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Security Valve Market Research Report
By Type
G 1/4, G 1/8, G 3/8, M 4, M 5, M 10, Other
By Application
Petroleum, Natural Gas, Electricity Generation, Other
By Companies
Festo, Schmalz, Flotech, GEA, Salco Products, Imenco, InTank Technologies
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Security Valve Market Report Segments:
The global Vacuum Security Valve market is segmented on the basis of:
Types
G 1/4, G 1/8, G 3/8, M 4, M 5, M 10, 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
Petroleum, Natural Gas, Electricity Generation, Other
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:
- Festo
- Schmalz
- Flotech
- GEA
- Salco Products
- Imenco
- InTank Technologies
Highlights of The Vacuum Security 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:
- G 1/4
- G 1/8
- G 3/8
- M 4
- M 5
- M 10
- Other
- By Application:
- Petroleum
- Natural Gas
- Electricity Generation
- Other
- 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 Vacuum Security 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
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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?
A vacuum security valve is a safety device used in industrial and commercial settings to prevent the escape of hazardous or noxious gases.
Some of the major companies in the vacuum security valve market are Festo, Schmalz, Flotech, GEA, Salco Products, Imenco, InTank Technologies.
The vacuum security 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 Vacuum Security 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 Vacuum Security Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Security 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 Vacuum Security 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 Vacuum Security Valve Market Size & Forecast, 2018-2028
4.5.1 Vacuum Security Valve Market Size and Y-o-Y Growth
4.5.2 Vacuum Security Valve Market Absolute $ Opportunity
Chapter 5 Global Vacuum Security 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 Vacuum Security Valve Market Size Forecast by Type
5.2.1 G 1/4
5.2.2 G 1/8
5.2.3 G 3/8
5.2.4 M 4
5.2.5 M 5
5.2.6 M 10
5.2.7 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vacuum Security 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 Vacuum Security Valve Market Size Forecast by Applications
6.2.1 Petroleum
6.2.2 Natural Gas
6.2.3 Electricity Generation
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Security 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 Vacuum Security 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 Vacuum Security Valve Analysis and Forecast
9.1 Introduction
9.2 North America Vacuum Security 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 Vacuum Security Valve Market Size Forecast by Type
9.6.1 G 1/4
9.6.2 G 1/8
9.6.3 G 3/8
9.6.4 M 4
9.6.5 M 5
9.6.6 M 10
9.6.7 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 Vacuum Security Valve Market Size Forecast by Applications
9.10.1 Petroleum
9.10.2 Natural Gas
9.10.3 Electricity Generation
9.10.4 Other
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 Vacuum Security Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Vacuum Security 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 Vacuum Security Valve Market Size Forecast by Type
10.6.1 G 1/4
10.6.2 G 1/8
10.6.3 G 3/8
10.6.4 M 4
10.6.5 M 5
10.6.6 M 10
10.6.7 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 Vacuum Security Valve Market Size Forecast by Applications
10.10.1 Petroleum
10.10.2 Natural Gas
10.10.3 Electricity Generation
10.10.4 Other
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 Vacuum Security Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vacuum Security 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 Vacuum Security Valve Market Size Forecast by Type
11.6.1 G 1/4
11.6.2 G 1/8
11.6.3 G 3/8
11.6.4 M 4
11.6.5 M 5
11.6.6 M 10
11.6.7 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 Vacuum Security Valve Market Size Forecast by Applications
11.10.1 Petroleum
11.10.2 Natural Gas
11.10.3 Electricity Generation
11.10.4 Other
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 Vacuum Security Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Vacuum Security 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 Vacuum Security Valve Market Size Forecast by Type
12.6.1 G 1/4
12.6.2 G 1/8
12.6.3 G 3/8
12.6.4 M 4
12.6.5 M 5
12.6.6 M 10
12.6.7 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 Vacuum Security Valve Market Size Forecast by Applications
12.10.1 Petroleum
12.10.2 Natural Gas
12.10.3 Electricity Generation
12.10.4 Other
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) Vacuum Security Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vacuum Security 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) Vacuum Security Valve Market Size Forecast by Type
13.6.1 G 1/4
13.6.2 G 1/8
13.6.3 G 3/8
13.6.4 M 4
13.6.5 M 5
13.6.6 M 10
13.6.7 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) Vacuum Security Valve Market Size Forecast by Applications
13.10.1 Petroleum
13.10.2 Natural Gas
13.10.3 Electricity Generation
13.10.4 Other
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 Vacuum Security Valve Market: Competitive Dashboard
14.2 Global Vacuum Security Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Festo
14.3.2 Schmalz
14.3.3 Flotech
14.3.4 GEA
14.3.5 Salco Products
14.3.6 Imenco
14.3.7 InTank Technologies
