According to a new report published by Transparency Market Research, the global pressure regulator valves market will grow exceptionally during 2018-2026 owing to the increasing demand for these valves from various industries such as aerospace, oil & gas, and power generation. In the aerospace industry, pressure regulator valves are employed to control propulsion pressure in reaction control systems and altitude control systems. Presence of corrosive fluids, high temperature, and high level of vibrations in airplanes are anticipated to drive the pressure regulator valves market.
On the basis of product, the pressure regulator valves market is divided into low pressure regulators, medium pressure regulators, high pressure regulators, and others. High pressure regulators are used for high-end industrial applications with inlet pressures over 1000 psi, whereas low pressure regulators are used for precise control of pressures ranging from 15 to 20 psi. In terms of fluid type, the pressure regulator valves market is segmented into liquid and gas. The liquid segment accounted for a major share of the global pressure regulator valves market in 2017. Pressure regulator valves can operate on various fluids such as air, fuel, oil, hydraulic fluids, or steam.
Based on application, the pressure regulator valves market is split into compressors & pumps, heaters & boilers, reactors, blowers, and others. Pressure regulator valves are primarily installed in compressors and pumps in processing industries. Pressure regulator valves have wide-ranging domestic and industrial applications, which include home-heating furnaces to regulate natural gas; fuel cells to regulate hydrogen; medical and dental equipment to regulate oxygen and anesthesia gases; gas grills to regulate propane; pneumatic automation systems to regulate compressed air; and engines to regulate fuel.
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