LONDON--(BUSINESS WIRE)--The global rupture disc market is poised to grow by USD 70.34 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. Request free sample pages
Read the 120-page report with TOC on "Rupture Disc Market Analysis Report by Product (Metallic rupture disc and Graphite rupture disc), Application (Standalone rupture disc and Rupture disc in combination with relief valves), End-users (Energy, Processing industries, Transportation, and Others), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024".
The market is driven by the growing demand for fast-acting relief devices. In addition, the ability to handle highly viscous liquids is anticipated to boost the growth of the rupture disc market.
Many processes in the industrial sector require relief devices that act instantly when the system pressure increases. This is increasing the adoption of rupture discs as they exhibit better response times compared to pressure relief valves. Rupture discs also operate efficiently and effectively while dealing with high viscous fluids. They burst quickly when subjected to excessive pressure from gas, vapor, or when liquid flashing occurs, thereby eliminating the malfunctioning of the system. Therefore, the rising demand for fast-acting relief devices is expected to drive the growth of the global rupture discs market during the forecast period.
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Major Five Rupture Disc Market Companies:
BS&B Safety Systems LLC
BS&B Safety Systems LLC operates its business through segments such as Products and Services. Reverse-acting disks and forward-acting disks are the key products offered by the company.
Continental Disc Corp.
Continental Disc Corp. operates its business through segments such as HPX rupture discs, Reverse-acting rupture discs, Accessories, Specialized rupture discs, Forward-acting rupture discs, and Other. The company offers a wide range of rupture discs for various end-user industries.
Emerson Electric Co.
Emerson Electric Co. operates its business through segments such as Automation Solutions, Climate Technologies, and Tools & Home Products. Marston Bursting Discs is the key offering of the company. It is a non-reclosing pressure relief device used in the over-pressure protection of vessels.
Fike Corp. operates its business through segments such as Products and Services. The company offers a wide range of rupture discs. Some of its key offerings include AXIUS SC Rupture Disc, AD Series Rupture Disc, LO-V Rupture Disc, SHX Sanitary Rupture Disc, and SR-H Sanitary Rupture Disc.
Graco Inc. operates its business through segments such as Industrial, Process, and Contractor. The company offers a wide range of rupture discs that exhibit high resistance to corrosion, metal fatigue, and cyclic effects.
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Rupture Disc Market Product Outlook (Revenue, USD Million, 2020-2024)
- Metallic rupture disc
- Graphite rupture disc
Rupture Disc Market Application Outlook (Revenue, USD Million, 2020-2024)
- Standalone rupture disc
- Rupture disc in combination with relief valves
Rupture Disc Market End-user Outlook (Revenue, USD Million, 2020-2024)
- Processing industries
Rupture Disc Market Regional Outlook (Revenue, USD Billion, 2020-2024)
- North America
- South America
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