A valve is a mechanical device for regulating the flow of a liquid or gas in a process flow. Safety valve is a protection failure, its purpose is to ensure the safety of the pipeline. For example, a pressure relief valve(PRV) as one kind of safety valve that automatically releases material from a pressure vessel, boiler, or another system when the pressure or temperature exceeds a preset limit.
The safety valve market can be divided by material, size, industry and region. According to the different materials used, the safety valve market can be divided into stainless steel, cast iron, low temperature, alloy and other types, can be widely used in oil and gas, energy, power, water and wastewater treatment, chemical, pharmaceutical, metal mining, food and beverage industries.
The important role of safety valve in industrial process, the increase of demand from oil and gas industry, and the growth of nuclear power generation are the key factors to promote the market growth of safety valve. The growing safety valve market is driven by the constant need to replace safety valves and the use of 3D printers on production lines. On the other hand, the high manufacturing cost will hinder the expansion of this market.
COVNA is also constantly developing and innovating to produce and supply high-quality safety valves to expand the international market.
Post time: Jul-28-2021