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Global Metallic Bursting Disc Industry Market Dynamics & Strategic Insights 2021-2030
Bursting disc is safety equipment with a specified disruption that reacts to a specific pressure level and is used in a widespread of equipment for pressure relief. This disc is used to safeguard personnel, workplaces, and equipment from overpressure. The bursting discs consist of metallic or non-metallic components. The components consist of a metallic and a non-metallic with optional vacuum support, gaskets, protective rings, or outlet liner.
Global Metallic Bursting Disc Market іѕ ѕеgmеntеd on the bаѕіѕ оf Product Type (Flat Type Bursting Disc, Positive Arch Bursting Disc, and Anti-arch Bursting Disc) End-Use Industry (Energy, Aerospace, Oil and Gas, Automotive and Transportation, Chemical, Pharmaceutical, and Others) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Metallic Bursting Disc Market wаѕ vаluеd аt USD 31.6 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 1.6% frоm 2021 tо 2030.
The report on Global Metallic Bursting Disc Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Metallic Bursting Disc Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Metallic Bursting Disc Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Metallic Bursting Disc Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective order to provide a holistic view of the Global Metallic Bursting Disc Market.
Market Dynamics:
The growing use of metallic bursting disc due to protect vessels, piping, and other pressure-containing components from excessive pressure is one of the major factors expected to drive the growth of the global market. Moreover, a metallic rupture disc is used as standalone pressure relief devices or combined with relief valves is a factor expected to drive the growth of the global metallic bursting disc market. The increasing consequence of water and wastewater treatment, well-developed water treatment infrastructure in developing economies, initiative to decrease river water pollution, and increased investment in industrial and municipal water treatment infrastructure are factors expected to drive the growth of the global market. Additionally, increasing demand for fast-acting relief devices is another key factor expected to drive the growth of the global metallic bursting disc market in the near future. Furthermore, increasing investment into R&D for the development of advanced disc burst is another factor expected to fuel the growth of the global market.
However, the negligence in the adoption of the control system and monitoring to ensure the longevity of the device is projected to restraining factor in the market growth of metallic bursting disc. Also, increasing demand for pressure relief valves coupled with the robust competition is another factor hampering the growth of the target market.
Segmental Analysis:
Among the product type segments, the flat type bursting disc segment is accounted for a major revenue share and is expected to maintain its dominance in the global market.
Among the end-use industry segments, the energy segment is projected to dominate the global metallic bursting disc market, due to the high adoption of the metallic bursting disc in the energy industry.
Regional Analysis:
Asia Pacific metallic bursting disc market is the dominant player in the global market and accounts for the largest market share in terms of revenue. This is attributed to the increasing demand for energy, aerospace, automotive and transportation, chemical, and others and the rising number of suppliers in this region. Additionally, demand for energy and the development of several sectors including oil and gas, power, chemical, and food and beverage is another factor expected to drive the growth of the global metallic bursting discs market in this region. The oil & gas, mining, and power generation industry are pushing the level market in the Middle East and Africa region. The North America and Europe markets are expected to witness significant growth during the forecast period, a well-developed automobile industry, presence of leading metallic bursting disc manufacturers.
Global Metallic Bursting Disc Market Segmentation:
Segmentation by Product Type:
• Flat Type Bursting Disc
• Positive Arch Bursting Disc
• Anti-arch Bursting Disc
Segmentation by End-Use Industry:
• Energy
• Aerospace
• Oil and Gas
• Automotive and Transportation
• Chemical
• Pharmaceutical
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Playes:
BS&B Safety Systems, L.L.C.
Fike Corporation
Parker Hannifin Corp
Halma
Pentair plc
WOLFF GROUP
LESER GmbH & Co. KG
Donadon SDD Srl
Continental Disc Corporation
Mersen
REMBE
Solitaire Gemmological Laboratories Ltd
Shanghai Huali Safety Devices Co., Ltd
Global Metallic Bursting Disc Market іѕ ѕеgmеntеd on the bаѕіѕ оf Product Type (Flat Type Bursting Disc, Positive Arch Bursting Disc, and Anti-arch Bursting Disc) End-Use Industry (Energy, Aerospace, Oil and Gas, Automotive and Transportation, Chemical, Pharmaceutical, and Others) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Metallic Bursting Disc Market wаѕ vаluеd аt USD 31.6 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 1.6% frоm 2021 tо 2030.
The report on Global Metallic Bursting Disc Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Metallic Bursting Disc Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Metallic Bursting Disc Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Metallic Bursting Disc Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective order to provide a holistic view of the Global Metallic Bursting Disc Market.
Market Dynamics:
The growing use of metallic bursting disc due to protect vessels, piping, and other pressure-containing components from excessive pressure is one of the major factors expected to drive the growth of the global market. Moreover, a metallic rupture disc is used as standalone pressure relief devices or combined with relief valves is a factor expected to drive the growth of the global metallic bursting disc market. The increasing consequence of water and wastewater treatment, well-developed water treatment infrastructure in developing economies, initiative to decrease river water pollution, and increased investment in industrial and municipal water treatment infrastructure are factors expected to drive the growth of the global market. Additionally, increasing demand for fast-acting relief devices is another key factor expected to drive the growth of the global metallic bursting disc market in the near future. Furthermore, increasing investment into R&D for the development of advanced disc burst is another factor expected to fuel the growth of the global market.
However, the negligence in the adoption of the control system and monitoring to ensure the longevity of the device is projected to restraining factor in the market growth of metallic bursting disc. Also, increasing demand for pressure relief valves coupled with the robust competition is another factor hampering the growth of the target market.
Segmental Analysis:
Among the product type segments, the flat type bursting disc segment is accounted for a major revenue share and is expected to maintain its dominance in the global market.
Among the end-use industry segments, the energy segment is projected to dominate the global metallic bursting disc market, due to the high adoption of the metallic bursting disc in the energy industry.
Regional Analysis:
Asia Pacific metallic bursting disc market is the dominant player in the global market and accounts for the largest market share in terms of revenue. This is attributed to the increasing demand for energy, aerospace, automotive and transportation, chemical, and others and the rising number of suppliers in this region. Additionally, demand for energy and the development of several sectors including oil and gas, power, chemical, and food and beverage is another factor expected to drive the growth of the global metallic bursting discs market in this region. The oil & gas, mining, and power generation industry are pushing the level market in the Middle East and Africa region. The North America and Europe markets are expected to witness significant growth during the forecast period, a well-developed automobile industry, presence of leading metallic bursting disc manufacturers.
Global Metallic Bursting Disc Market Segmentation:
Segmentation by Product Type:
• Flat Type Bursting Disc
• Positive Arch Bursting Disc
• Anti-arch Bursting Disc
Segmentation by End-Use Industry:
• Energy
• Aerospace
• Oil and Gas
• Automotive and Transportation
• Chemical
• Pharmaceutical
• Others
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Playes:
BS&B Safety Systems, L.L.C.
Fike Corporation
Parker Hannifin Corp
Halma
Pentair plc
WOLFF GROUP
LESER GmbH & Co. KG
Donadon SDD Srl
Continental Disc Corporation
Mersen
REMBE
Solitaire Gemmological Laboratories Ltd
Shanghai Huali Safety Devices Co., Ltd
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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