Global Safety Valves Market Size study & Forecast, by Size, by Material, by Industry and Regional Forecasts 2025-2035

Description

The Global Safety Valves Market is valued at approximately USD 5.54 billion in 2024 and is projected to expand at a CAGR of 6.90% over the forecast period of 2025-2035. Safety valves are critical mechanical components designed to automatically release pressure from systems, preventing catastrophic failures and ensuring the safe operation of industrial equipment. They are indispensable across industries where fluids, gases, or steam are processed under pressure-most notably in oil and gas, power generation, and water treatment facilities. The global market for safety valves is being propelled by the escalating demand for process safety, stringent industrial regulations, and the modernization of energy and utility infrastructures. Additionally, the widespread integration of automation and smart monitoring technologies into industrial systems has amplified the adoption of intelligent safety valves capable of remote diagnostics and predictive maintenance.

The rising focus on industrial safety compliance and the global transition toward sustainable and efficient operations have accelerated the demand for high-performance safety valves. Increasing energy consumption, coupled with rapid industrialization across emerging economies, has triggered large-scale deployment of pipelines, refineries, and chemical plants-all of which rely on safety valves to maintain operational integrity. According to the International Energy Agency (IEA), the world's total energy demand is projected to grow by nearly 25% by 2030, intensifying the need for reliable safety mechanisms in power and utility infrastructure. Moreover, government mandates enforcing equipment safety and pressure regulation, particularly in developing regions, are fostering market expansion. However, high installation costs, complex maintenance procedures, and the challenge of counterfeit valve products in certain regions could hinder growth momentum during the forecast period.

The detailed segments and sub-segments included in the report are:

By Size:

Up to 1 Inch
1-6 Inch
6-25 Inch
25-50 Inch
50 Inch & Above

By Material:

Stainless Steel
Cast Iron
Alloy
Cryogenic

By Industry:

Oil & Gas
Energy & Power
Water & Wastewater

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa
Stainless Steel Safety Valves Segment Expected to Dominate the Market
The stainless steel segment is projected to dominate the market through 2035, driven by its superior corrosion resistance, high tensile strength, and exceptional performance in high-pressure environments. Stainless steel safety valves are increasingly preferred in industries where reliability under extreme temperature and pressure conditions is essential-such as oil and gas processing, petrochemicals, and power generation. The demand surge can also be attributed to technological innovations in metallurgy and valve manufacturing, which enhance operational life and reduce leakage risks. Furthermore, stainless steel's recyclability aligns with the global shift toward sustainable material use, further reinforcing its dominance. Meanwhile, cast iron valves continue to maintain steady adoption in low-pressure systems and water treatment applications, supported by cost efficiency and ease of availability.
Oil & Gas Industry Leads in Revenue Contribution
Among the various end-use industries, the oil and gas sector currently accounts for the largest revenue share in the global safety valves market. These valves play a pivotal role in ensuring the safety and reliability of pipelines, refineries, and offshore rigs by maintaining precise pressure control and preventing blowouts or hazardous releases. The resurgence in exploration and production activities-particularly in North America, the Middle East, and parts of Africa-has spurred extensive deployment of safety valves. Meanwhile, the energy & power sector is emerging as a key growth area, driven by the rising number of power plants, renewable energy facilities, and smart grid installations that demand advanced pressure management systems. Together, these industries underscore the indispensable nature of safety valves in modern energy infrastructure.
The key regions analyzed for the Global Safety Valves Market include North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Asia Pacific dominated the market in 2024 and is expected to maintain its lead throughout the forecast period, fueled by rapid industrialization, expanding energy infrastructure, and large-scale investments in oil refining and chemical manufacturing facilities in China and India. The region's emphasis on workplace safety and modernization of water management systems is also strengthening demand. North America continues to be a significant contributor, supported by a well-established energy sector and a mature regulatory framework emphasizing operational safety and equipment certification. Europe, on the other hand, is witnessing steady growth due to its focus on industrial automation and strict environmental standards. Meanwhile, the Middle East & Africa is poised for substantial expansion owing to ongoing oil and gas exploration projects, while Latin America continues to advance through infrastructure renewal and pipeline modernization initiatives.

Major market players included in this report are:

Emerson Electric Co.
IMI Critical Engineering
Weir Group PLC
CIRCOR International, Inc.
Alfa Laval AB
LESER GmbH & Co. KG
Baker Hughes Company
Spirax-Sarco Engineering plc
Curtiss-Wright Corporation
KSB SE & Co. KGaA
Mercer Valve Co., Inc.
Forbes Marshall
Watts Water Technologies, Inc.
Dresser LLC (GE Oil & Gas)
Pentair PLC

Global Safety Valves Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments and countries in recent years and to forecast the values for the coming years. The report is designed to integrate both qualitative and quantitative aspects of the industry across the studied regions. It also provides detailed insights into the driving factors, restraining forces, and opportunities shaping the market's evolution. Furthermore, it highlights investment opportunities within niche markets and delivers a comprehensive analysis of the competitive landscape and product portfolios of major players. The detailed segments and sub-segments of the market are explained above.

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of the competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Safety Valves Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Safety Valves Market Forces Analysis

3.1. Market Forces Shaping The Global Safety Valves Market (2024-2035)
3.2. Drivers
- 3.2.1. escalating demand for process safety
- 3.2.2. stringent industrial regulations
3.3. Restraints
- 3.3.1. high installation costs
3.4. Opportunities
- 3.4.1. modernization of energy and utility infrastructures

Chapter 4. Global Safety Valves Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Safety Valves Market Size & Forecasts by Size 2025-2035

5.1. Market Overview
5.2. Global Safety Valves Market Performance - Potential Analysis (2025)
5.3. Up to 1 Inch
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035
5.4. 1-6 Inch
- 5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.4.2. Market size analysis, by region, 2025-2035
5.5. 6-25 Inch
- 5.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.5.2. Market size analysis, by region, 2025-2035
5.6. 25-50 Inch
- 5.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.6.2. Market size analysis, by region, 2025-2035
5.7. 50 Inch & Above
- 5.7.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.7.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Safety Valves Market Size & Forecasts by Material 2025-2035

6.1. Market Overview
6.2. Global Safety Valves Market Performance - Potential Analysis (2025)
6.3. Stainless Steel
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035
6.4. Cast Iron
- 6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.4.2. Market size analysis, by region, 2025-2035
6.5. Alloy
- 6.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.5.2. Market size analysis, by region, 2025-2035
6.6. Cryogenic
- 6.6.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.6.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Safety Valves Market Size & Forecasts by Industry 2025-2035

7.1. Market Overview
7.2. Global Safety Valves Market Performance - Potential Analysis (2025)
7.3. Oil and Gas
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035
7.4. Energy & Power
- 7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.4.2. Market size analysis, by region, 2025-2035
7.5. Water & Wastewater
- 7.5.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.5.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Safety Valves Market Size & Forecasts by Region 2025-2035

8.1. Growth Safety Valves Market, Regional Market Snapshot
8.2. Top Leading & Emerging Countries
8.3. North America Safety Valves Market
- 8.3.1. U.S. Safety Valves Market
  - 8.3.1.1. Size breakdown size & forecasts, 2025-2035
  - 8.3.1.2. Material breakdown size & forecasts, 2025-2035
  - 8.3.1.3. Industry breakdown size & forecasts, 2025-2035
- 8.3.2. Canada Safety Valves Market
  - 8.3.2.1. Size breakdown size & forecasts, 2025-2035
  - 8.3.2.2. Material breakdown size & forecasts, 2025-2035
  - 8.3.2.3. Industry breakdown size & forecasts, 2025-2035
8.4. Europe Safety Valves Market
- 8.4.1. UK Safety Valves Market
  - 8.4.1.1. Size breakdown size & forecasts, 2025-2035
  - 8.4.1.2. Material breakdown size & forecasts, 2025-2035
  - 8.4.1.3. Industry breakdown size & forecasts, 2025-2035
- 8.4.2. Germany Safety Valves Market
  - 8.4.2.1. Size breakdown size & forecasts, 2025-2035
  - 8.4.2.2. Material breakdown size & forecasts, 2025-2035
  - 8.4.2.3. Industry breakdown size & forecasts, 2025-2035
- 8.4.3. France Safety Valves Market
  - 8.4.3.1. Size breakdown size & forecasts, 2025-2035
  - 8.4.3.2. Material breakdown size & forecasts, 2025-2035
  - 8.4.3.3. Industry breakdown size & forecasts, 2025-2035
- 8.4.4. Spain Safety Valves Market
  - 8.4.4.1. Size breakdown size & forecasts, 2025-2035
  - 8.4.4.2. Material breakdown size & forecasts, 2025-2035
  - 8.4.4.3. Industry breakdown size & forecasts, 2025-2035
- 8.4.5. Italy Safety Valves Market
  - 8.4.5.1. Size breakdown size & forecasts, 2025-2035
  - 8.4.5.2. Material breakdown size & forecasts, 2025-2035
  - 8.4.5.3. Industry breakdown size & forecasts, 2025-2035
- 8.4.6. Rest of Europe Safety Valves Market
  - 8.4.6.1. Size breakdown size & forecasts, 2025-2035
  - 8.4.6.2. Material breakdown size & forecasts, 2025-2035
  - 8.4.6.3. Industry breakdown size & forecasts, 2025-2035
8.5. Asia Pacific Safety Valves Market
- 8.5.1. China Safety Valves Market
  - 8.5.1.1. Size breakdown size & forecasts, 2025-2035
  - 8.5.1.2. Material breakdown size & forecasts, 2025-2035
  - 8.5.1.3. Industry breakdown size & forecasts, 2025-2035
- 8.5.2. India Safety Valves Market
  - 8.5.2.1. Size breakdown size & forecasts, 2025-2035
  - 8.5.2.2. Material breakdown size & forecasts, 2025-2035
  - 8.5.2.3. Industry breakdown size & forecasts, 2025-2035
- 8.5.3. Japan Safety Valves Market
  - 8.5.3.1. Size breakdown size & forecasts, 2025-2035
  - 8.5.3.2. Material breakdown size & forecasts, 2025-2035
  - 8.5.3.3. Industry breakdown size & forecasts, 2025-2035
- 8.5.4. Australia Safety Valves Market
  - 8.5.4.1. Size breakdown size & forecasts, 2025-2035
  - 8.5.4.2. Material breakdown size & forecasts, 2025-2035
  - 8.5.4.3. Industry breakdown size & forecasts, 2025-2035
- 8.5.5. South Korea Safety Valves Market
  - 8.5.5.1. Size breakdown size & forecasts, 2025-2035
  - 8.5.5.2. Material breakdown size & forecasts, 2025-2035
  - 8.5.5.3. Industry breakdown size & forecasts, 2025-2035
- 8.5.6. Rest of APAC Safety Valves Market
  - 8.5.6.1. Size breakdown size & forecasts, 2025-2035
  - 8.5.6.2. Material breakdown size & forecasts, 2025-2035
  - 8.5.6.3. Industry breakdown size & forecasts, 2025-2035
8.6. Latin America Safety Valves Market
- 8.6.1. Brazil Safety Valves Market
  - 8.6.1.1. Size breakdown size & forecasts, 2025-2035
  - 8.6.1.2. Material breakdown size & forecasts, 2025-2035
  - 8.6.1.3. Industry breakdown size & forecasts, 2025-2035
- 8.6.2. Mexico Safety Valves Market
  - 8.6.2.1. Size breakdown size & forecasts, 2025-2035
  - 8.6.2.2. Material breakdown size & forecasts, 2025-2035
  - 8.6.2.3. Industry breakdown size & forecasts, 2025-2035
8.7. Middle East and Africa Safety Valves Market
- 8.7.1. UAE Safety Valves Market
  - 8.7.1.1. Size breakdown size & forecasts, 2025-2035
  - 8.7.1.2. Material breakdown size & forecasts, 2025-2035
  - 8.7.1.3. Industry breakdown size & forecasts, 2025-2035
- 8.7.2. Saudi Arabia (KSA) Safety Valves Market
  - 8.7.2.1. Size breakdown size & forecasts, 2025-2035
  - 8.7.2.2. Material breakdown size & forecasts, 2025-2035
  - 8.7.2.3. Industry breakdown size & forecasts, 2025-2035
- 8.7.3. South Africa Safety Valves Market
  - 8.7.3.1. Size breakdown size & forecasts, 2025-2035
  - 8.7.3.2. Material breakdown size & forecasts, 2025-2035
  - 8.7.3.3. Industry breakdown size & forecasts, 2025-2035

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Emerson Electric Co.
- 9.2.1. Company Overview
- 9.2.2. Key Executives
- 9.2.3. Company Snapshot
- 9.2.4. Financial Performance (Subject to Data Availability)
- 9.2.5. Product/Services Port
- 9.2.6. Recent Development
- 9.2.7. Market Strategies
- 9.2.8. SWOT Analysis
9.3. IMI Critical Engineering
9.4. Weir Group PLC
9.5. CIRCOR International, Inc.
9.6. Alfa Laval AB
9.7. LESER GmbH & Co. KG
9.8. Baker Hughes Company
9.9. Spirax-Sarco Engineering plc
9.10. Curtiss-Wright Corporation
9.11. KSB SE & Co. KGaA
9.12. Mercer Valve Co., Inc.
9.13. Forbes Marshall
9.14. Watts Water Technologies, Inc.
9.15. Dresser LLC (GE Oil & Gas)
9.16. Pentair PLC