Lucintel Forecasts the Global Rupture Disc Market to Reach $733.6 million by 2030
Lucintel Forecasts the Global Rupture Disc Market to Reach $733.6 million by 2030
Blog Article
According to a market report by Lucintel, the future of the global rupture disc market looks promising with opportunities in the energy, processing industry, and transportation markets. The global rupture disc market is expected to reach an estimated $733.6 million by 2030 from $593.3 million in 2024, at a CAGR of 3.6% from 2024 to 2030. The major drivers for this market are rising awareness towards industrial safety, increasing importance of the water and wastewater treatment industry, and growing demand for fast-acting pressure relief devices.
A more than 150-page report to understand trends, opportunity and forecast in rupture disc market to 2030 by product (metallic rupture disc and graphite rupture disc), application (standalone rupture disc and rupture disc in combination with relief valves), end use (energy, processing industries, transportation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that standalone rupture disc is expected to witness the higher growth over the forecast period due to its rising usage in relief valves to prevent corrosive and viscous materials present in the process media from coming into direct contact.
Within this market, energy is expected to witness the highest growth over the forecast period.
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APAC is expected to witness highest growth over the forecast period due to the growing number of power plants and rising volume of automobiles production in the region.
Continental Disc, DonadonSDD, Emerson Electric, Fike, Graco, Halma, Heleon, Mersen Corporate Services, Parr Instrument, Rembe are the major suppliers in the rupture disc market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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