Air Release Valves Market Size, Share & Growth Report | 2031

Report Description

Air Release Valves Market Outlook 2031:

The global air release valves market size was valued at USD 1.46 Billion in 2022 and is projected to reach USD 2.85 Billion by 2031, expanding at a CAGR of 7.7% during the forecast period 2023 - 2031. In terms of volume, the market is projected to expand at a CAGR of 7.2% during the forecast period. Air release valves are the hydro-mechanical devices used to eliminate air pockets that collect due to negative pressure in a pipeline.

The air release valve consists of a small orifice that releases air entrapped in water under pressure. Normally, the air release valve is open; however, when liquid upsurges in the system and lifts afloat within the valve, then the air release valve closes. The orifice size generally differs from 1/16” to 3/8” depending on operating pressure and valve design. The orifice size of the air release valves is much smaller than the air & vacuum valves.

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Air Release Valves Market Dynamics

The market is driven by factors such as rising demand for air release valves from water & wastewater management facilities, elimination of headloss during the continuous flow of liquid, and Low maintenance & overhead costs associated with the air release valves.

The global air release valves market is creating growth opportunities as municipal and government bodies worldwide are taking several initiatives to clean and manage wastewater in newly formed localities. Governments are utilizing mechanical wastewater treatment to remove solid matter and remove bio-waste through sludge activation tanks.

All of these methods require the continued installment and usage of air release valves and other fittings and accessories; therefore, the global air release valves market is projected to create attractive opportunities during the forecast period.

Compressed air in the pipeline can be dangerous for the operators and the environment, as it can be explosive if it’s left unmanaged. Flying parts of the pipeline or sudden release of high-pressured air through a busted pipeline can physically damage the operators and surroundings. It raises concerns about pipeline efficiency and reduction in the life of the pipeline.

Using a correct sized air release valve, considering the flow and pressure of the fluid can reduce such accidents. Air release valves are being considered where workers deal with high-pressure pipelines for the safety of operators and people working around these pipelines. Implementation of several workspace safety regulations set by governments and unions is projected to fuel the market.

Scope of Air Release Valves Market Report

The report on the global air release valves includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Air Release Valves Market Segmental Outlook

Based on types, the air release valves market has been segmented as heating/air bleeder valve type and rapid venting type. The heating/air bleeder valve type segment is anticipated to expand at a substantial CAGR owing to the increasing adoption of heating, ventilation, and air conditioning (HVAC) systems in developing countries across the globe.

Heating type/air bleeder valves are available in both automatic and manual models. Automatic air bleeder valves are generally fitted at the hitting boiler and sometimes at upper levels in the building. Manual air bleeder valves are usually located on convector units and heating radiators. Air trapped in piping, baseboards, radiators, or convectors makes the heating system noisy with bubbling sounds.

In such cases, heating type valves are used that force water heating systems to remove unwanted air present in the heating distribution pipes and radiators.

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Based on applications, the global air release valves market has been categorized into irrigation, water treatment, building & fire protection system, and others. The water treatment segment held a significant market share in 2019 and is projected to expand at a rapid pace during the forecast period. The robust growth of the water treatment segment is attributed to the growth of the water treatment systems industry in North America and Europe.

Air valves are used to automatically eliminate the air during draining, filling, and operation of a liquid piping system for wastewater and water services. Moreover, several multifunction air release valves perform the function of automatic degassing of the air contained in the pipe under pressure. The air release valves minimize the difficulties generated by the air when the pipeline works under pressure and facilitates the flow of water.

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In terms of sales channels, the global air release valves market has been segregated into dealers/distributors, independent retailers, online platforms, and others. The dealers/distributors segment accounted for a significant market share in 2019 and is anticipated to expand at a lucrative CAGR during the forecast period. The large share of the dealers/distributors segment is attributed to advantages such as the ability to purchase in small quantities and easy scalability.

The dealers/distributors of air release valves reduce some of the company costs that are passed on when marketing budgets and sales forces are involved in the direct-sales mix. The distributors handling air release valves often align their business along with specific industry segments such as mining and water & wastewater.

Regional Outlook

In terms of regions, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Based on the region, the market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period. The growth of the market in the Asia Pacific is attributed to the increasing number of local manufacturers for air release valves.

Additionally, developing countries, such as India and China, are offering market players the ability to generate more revenue, and hence the market in the region is expected to grow significantly during the forecast period.

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Key Benefits for Industry Participants & Stakeholders

• In-depth Analysis of the Global Air Release Valves Market
• Historical, Current and Projected Market Size in terms of Value and Volume (‘000 Units)
• Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
• Industry Drivers, Restraints and Opportunities Covered in the Study
• Recent Industry Trends and Developments
• Competitive Landscape & Strategies of Key Players
• Neutral Perspective on Global Air Release Valves Market Performance