Market Overview:
The global Reduced Pressure Principle Assemblies 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 reduced pressure principle assemblies in chemical plants, water stations, and other applications. In terms of type, the stainless steel segment is expected to lead the global reduced pressure principle assemblies market during the forecast period. This can be attributed to its properties such as corrosion resistance and durability. In terms of application, the chemical plant segment is expected to lead the global reduced pressure principle assemblies market during the forecast period.
Product Definition:
A Reduced Pressure Principle Assembly is a device used in fire sprinkler systems to prevent water from flowing back up the system and flooding the area being protected.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and strong magnetic, electrical, and optical properties. It is also used in the manufacturing of kitchenware, cookware, mechanical equipment such as ball bearings and pump components due to its ability to withstand high temperatures. The global stainless steel market size was valued at USD 23 billion in 2015 owing to its increasing demand from industrial machinery sector which accounts for over 15% share globally.
Ductile Iron:
Ductile iron is a ferrous alloy containing more than one metal. The most common alloys are made from manganese, nickel, and silicon. Ductile iron can be cold-rolled and drawn into wire or sheet form for use in various applications such as structural parts of machines or vehicles; farm equipment; construction machinery; railway locomotive frames & car bodies; shipbuilding components (keel, frame, etc.
Application Insights:
The chemical plant application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to various factors such as growing demand for petrochemicals, increasing investments by companies in China, India & South Korea and Saudi Arabia for expanding their production capacities coupled with high R&D activities in these regions are expected to boost product demand over the next eight years.
Water stations are anticipated to be one of the prominent applications areas where reduced pressure principle assemblies will find application owing to its ability reduce water consumption by 50%. This factor along with rising environmental concerns regarding water usage is expected drive product demand from this segment during future phases of development.
Other key applications include power generation plants, oil & gas refineries among others which includes natural gas processing plants.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries, such as chemical and petrochemical, power generation, food & beverage and others. In addition, rising investments in expanding production capacities are anticipated to drive industry expansion across APAC.
The U.S., China and India are among the major countries with high manufacturing potential that have yet to fully utilize their reduced pressure principle assemblies capabilities owing to lack of standardization in design practices coupled with a lack of skilled professionals for assembly line operations at plant level or higher up in command centers within these countries; hence driving significant demand across several other regions globally including North America and Europe as well as many developing economies worldwide (excluding Middle East & Africa).
Growth Factors:
- Increasing demand for Reduced Pressure Principle Assemblies in medical and pharmaceutical industries for packaging and sterilization applications.
- Growing popularity of Reduced Pressure Principle Assemblies in food and beverage industry for packing, storage, and transportation applications.
- Rising demand from end-use industries such as automotive, aerospace, defense, etc., due to the advantages offered by Reduced Pressure Principle Assemblies over traditional methods of packaging/sealing products.
- Technological advancements in the manufacturing process of Reduced Pressure Principle Assemblies that are resulting in improved quality and performance characteristics of these assemblies 5 Increased awareness about the benefits offered by Reduced Pressure Principle Assemblies among consumers is expected to fuel market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Reduced Pressure Principle Assemblies Market Research Report
By Type
Stainless Steel, Ductile Iron, Bronze
By Application
Chemical Plant, Water Stations, Others
By Companies
WATTS, APOLLO, ZURN, Emerson, Caleffi, Reliance, A.R.I. Flow Control, Tianjin Guowei, Hebei Tongli, Shanghai Jinyi
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Reduced Pressure Principle Assemblies Market Report Segments:
The global Reduced Pressure Principle Assemblies market is segmented on the basis of:
Types
Stainless Steel, Ductile Iron, Bronze
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
Chemical Plant, Water Stations, 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:
- WATTS
- APOLLO
- ZURN
- Emerson
- Caleffi
- Reliance
- A.R.I. Flow Control
- Tianjin Guowei
- Hebei Tongli
- Shanghai Jinyi
Highlights of The Reduced Pressure Principle Assemblies 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:
- Stainless Steel
- Ductile Iron
- Bronze
- By Application:
- Chemical Plant
- Water Stations
- 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 Reduced Pressure Principle Assemblies 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Reduced pressure principle assemblies are devices that use a reduced pressure environment to reduce the amount of energy needed to move fluids or gases. This can be used in a variety of applications, such as air conditioning and refrigeration, chemical processing, oil and gas production, and water treatment.
Some of the key players operating in the reduced pressure principle assemblies market are WATTS, APOLLO, ZURN, Emerson, Caleffi, Reliance, A.R.I. Flow Control, Tianjin Guowei, Hebei Tongli, Shanghai Jinyi.
The reduced pressure principle assemblies market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Reduced Pressure Principle Assemblies Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Reduced Pressure Principle Assemblies Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Reduced Pressure Principle Assemblies Market - Supply Chain
4.5. Global Reduced Pressure Principle Assemblies Market Forecast
4.5.1. Reduced Pressure Principle Assemblies Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Reduced Pressure Principle Assemblies Market Size (000 Units) and Y-o-Y Growth
4.5.3. Reduced Pressure Principle Assemblies Market Absolute $ Opportunity
5. Global Reduced Pressure Principle Assemblies Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Ductile Iron
5.3.3. Bronze
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Reduced Pressure Principle Assemblies Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Application
6.3.1. Chemical Plant
6.3.2. Water Stations
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Reduced Pressure Principle Assemblies Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Reduced Pressure Principle Assemblies Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Reduced Pressure Principle Assemblies Demand Share Forecast, 2019-2029
9. North America Reduced Pressure Principle Assemblies Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Application
9.4.1. Chemical Plant
9.4.2. Water Stations
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Ductile Iron
9.7.3. Bronze
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Reduced Pressure Principle Assemblies Demand Share Forecast, 2019-2029
10. Latin America Reduced Pressure Principle Assemblies Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Application
10.4.1. Chemical Plant
10.4.2. Water Stations
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Ductile Iron
10.7.3. Bronze
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Reduced Pressure Principle Assemblies Demand Share Forecast, 2019-2029
11. Europe Reduced Pressure Principle Assemblies Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Application
11.4.1. Chemical Plant
11.4.2. Water Stations
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Ductile Iron
11.7.3. Bronze
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Reduced Pressure Principle Assemblies Demand Share, 2019-2029
12. Asia Pacific Reduced Pressure Principle Assemblies Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Application
12.4.1. Chemical Plant
12.4.2. Water Stations
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Ductile Iron
12.7.3. Bronze
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Reduced Pressure Principle Assemblies Demand Share, 2019-2029
13. Middle East & Africa Reduced Pressure Principle Assemblies Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Reduced Pressure Principle Assemblies Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Application
13.4.1. Chemical Plant
13.4.2. Water Stations
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Reduced Pressure Principle Assemblies Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Ductile Iron
13.7.3. Bronze
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Reduced Pressure Principle Assemblies Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Reduced Pressure Principle Assemblies Market: Market Share Analysis
14.2. Reduced Pressure Principle Assemblies Distributors and Customers
14.3. Reduced Pressure Principle Assemblies Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. WATTS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. APOLLO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ZURN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Emerson
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Caleffi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Reliance
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. A.R.I. Flow Control
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tianjin Guowei
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hebei Tongli
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Jinyi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
