Rupture Disc Market | Growing Demand For Fast-acting Relief Devices to boost the Market Growth | Technavio

Technavio has been monitoring the rupture disc market and it is poised to grow by $ 44.86 mn during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Rupture Disc Market 2020-2024 (Graphic: Business Wire)

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Frequently Asked Questions:

• What are the major trends in the market?
  Ability to handle highly viscous liquids is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at -0.18% and the incremental growth of the market is anticipated to be $ 44.86 mn.
• Who are the top players in the market?
  BS&B Safety Systems LLC, Continental Disc Corp., Emerson Electric Co., Fike Corp., Graco Inc. , Halma Plc, Mersen Group, Parker-Hannifin Corp., SGL Carbon SE, and V-TEX Corp., are some of the major market participants.
• What is the key market driver?
  The growing demand for fast-acting relief devices is one of the major factors driving the market
• How big is the APAC market?
  The APAC region will contribute 52% of the market share

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BS&B Safety Systems LLC, Continental Disc Corp., Emerson Electric Co., Fike Corp., Graco Inc. , Halma Plc, Mersen Group, Parker-Hannifin Corp., SGL Carbon SE, and V-TEX Corp. are some of the major market participants. The growing demand for fast-acting relief devices will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Rupture Disc Market 2020-2024: Segmentation

Rupture Disc Market is segmented as below:

• Product
  • Metallic Rupture Disc
  • Graphite Rupture Disc
• Application
  • Standalone Rupture Disc
  • Rupture Disc In Combination With Relief Valves
• Geography
  • APAC
  • Europe
  • North America
  • MEA
  • South America

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Rupture Disc Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The rupture disc market report covers the following areas:

• Rupture Disc Market Size
• Rupture Disc Market Trends
• Rupture Disc Market Industry Analysis

This study identifies the ability to handle highly viscous liquids as one of the prime reasons driving the Rupture Disc Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Rupture Disc Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist rupture disc market growth during the next five years
• Estimation of the rupture disc market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the rupture disc market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of rupture disc market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Metallic rupture disc - Market size and forecast 2019-2024
• Graphite rupture disc - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Application

• Market segments
• Comparison by Application
• Standalone rupture disc - Market size and forecast 2019-2024
• Rupture disc in combination with relief valves - Market size and forecast 2019-2024
• Market opportunity by Application

Market Segmentation by End-user

• Market segments
• Comparison by End user
• Energy - Market size and forecast 2019-2024
• Processing industries - Market size and forecast 2019-2024
• Transportation - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by End user

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• BS&B Safety Systems LLC
• Continental Disc Corp.
• Emerson Electric Co.
• Fike Corp.
• Graco Inc.
• Halma Plc
• Mersen Group
• Parker-Hannifin Corp.
• SGL Carbon SE
• V-TEX Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200929005722/en/