Global Thermal Shut-off Valves Market Growth 2023-2029
The global Thermal Shut-off Valves market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Thermal shut-off valves are commonly used in various industries, including oil and gas, chemical processing, power generation, industrial manufacturing, HVAC systems, fire protection systems, automotive, and aerospace. Their implementation provides an additional layer of safety and protection, ensuring the controlled and safe operation of equipment and processes, particularly in environments where temperature control is critical.
Thermal shut-off valves are safety devices designed to automatically shut off the flow of fluids or gases when the temperature exceeds a specified limit. They serve as a critical safety measure to prevent equipment damage, fires, or hazardous situations due to excessive temperatures.
LPI (LP Information)' newest research report, the “Thermal Shut-off Valves Industry Forecast” looks at past sales and reviews total world Thermal Shut-off Valves sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermal Shut-off Valves sales for 2023 through 2029. With Thermal Shut-off Valves sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Shut-off Valves industry.
This Insight Report provides a comprehensive analysis of the global Thermal Shut-off Valves landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermal Shut-off Valves portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thermal Shut-off Valves market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Shut-off Valves and breaks down the forecast by body type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermal Shut-off Valves.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Shut-off Valves market by product body type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by body type
Ball Valve
Butterfly Valve
Segmentation by application
Oil and Natural Gas
Chemical Industry
Automotive Industry
Industrial
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SENTRY
Strahman Group
Assured Automation
THINKTANK
VAREC
BI-TORQ
Steam Equipments
M4 Knick
Forbes Marshall
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermal Shut-off Valves market?
What factors are driving Thermal Shut-off Valves market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermal Shut-off Valves market opportunities vary by end market size?
How does Thermal Shut-off Valves break out body type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.