LONDON--(BUSINESS WIRE)--Technavio has announced the top five leading vendors in their recent global rupture disc market report. This research report also lists 12 other prominent vendors that are expected to impact the market during the forecast period.
A rupture disc is a type of non-reclosing pressure relief device that is generally used to protect a pressure equipment, system, or vessel from conditions of over pressurization or potentially damaging vacuum conditions. It is also known as a burst disc, pressure safety disc, burst diaphragm, or bursting disc.
Competitive vendor landscape
According to the report, the global rupture disc market is highly fragmented with the presence of well-diversified international, regional, and local suppliers worldwide. The market has several local and regional vendors that provide various rupture discs with a high level of customization at a comparatively lower price than those offered by the international suppliers.
“Although new vendors are emerging in the market, they find it difficult to compete with international suppliers in terms of quality, features, and functionality. The competitive environment in this market is expected to intensify due to growing product extensions and technological innovations,” says Anju Ajaykumar, lead engineering tools analyst from Technavio.
The report also states that the rupture disc market is in its mature stage, thus leading to slow growth during the forecast period. Replacement demand from the developed regions such as Europe and North America coupled with new industrial and economic developments in emerging countries such as India and China will account for a majority of the demand during the forecast period.
Rupture discs in combination with relief valves will account for major gains in the market share during the forecast period. Reduced process leakage, increased maintenance intervals, and extended valve life are the key advantages of using rupture discs with relief valves that result in cost benefits to end-users.
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Technavio heavy industry research analysts identify the following key vendors:
BS&B Safety Systems
BS&B Safety Systems offers seven different products such as rupture discs, safety heads, explosion vents, sensors, and monitors, buckling pin relief valves, flame arresters, and other OEM products.
BS&B Safety Systems is a pioneer in manufacturing rupture discs and plays a major role in shaping the global pressure relief valve market. The company offers rupture disc products under two broad categories — rupture discs and graphite discs.
Continental Disc
The company manufactures rupture disc (bursting disc) devices for several processing industries worldwide. The company provides various products, including HPX, reverse-acting, tension-type and specialized rupture discs, and specialized holder products and accessories for rupture disc products. The company focuses on innovation, use of high-quality materials from traceable sources, advanced and patented designs, and follows ISO 9001 manufacturing procedures to manufacture high-quality rupture discs.
Fike
Fike is one of the world's leading manufacturers of fire alarm, fire protection, and detection systems for use in a variety of industries, including the chemicals, oil and gas, data centers, telecommunications, aerospace, biomass, education, public sector, food and beverage, hospitality, healthcare, pharmaceuticals, and power generation.
The company offers certified rupture discs for various applications under its overpressure protection business segment. The rupture discs offered by the company are categorized on the basis of application as industrial, sanitary, and engineered products.
Halma
Halma is a safety, health, and environmental technology group. It offers a broad range of products for the health and analysis, infrastructure sensors, and industrial safety sectors. The company's global presence strengthens its competitiveness in the global rupture disc market. The company operates through four segments, namely, process safety, infrastructure safety, medical, and environmental and analysis. The company operates in the global rupture disc market through its two subsidiaries —Oseco and Elfab.
Pentair
Pentair offers a broad range of water, fluid, and thermal management products and solutions. The company mainly provides high-performance flow management solutions. Pentair is a leading manufacturer of explosion protection and pressure relief devices, such as rupture discs and explosion vent panels and offers rupture disc products under the MARSTON brand name. MARSTON products provide reliable and instantaneous pressure relief in a wide range of critical applications in the offshore and onshore oil & gas, pharmaceutical technology, and chemical and food processing industries.
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