Wednesday 11 March 2015, Amsterdam
The new report recognizes the following companies as the key players in the Global Rupture Disc Market: BS&B Safety Systems LLC, Continental Disc Corp., Fike Inc., Halma plc and Pentair plc.
Other Prominent Vendors in the market are: Dalian Ligong Safety Equipment, Donadon SDD, EnPro Industries, LESER, Mersen, Parker Hannifin, REMBE, SGL Group, Shanghai Hua Li Safety Device, STRIKO Verfahrenstechnik, V-TEX and ZOOK Enterprises.
Commenting on the report, an analyst from the report's team said: “One of the major emerging trends in the market is the development of the advanced burst disc which has 99.99 percent reliability and has a life span of over two years. The Global Rupture Disc market is presently witnessing the development of advanced burst discs, which are more accurate than conventional rupture discs. In advanced burst discs, a Belleville spring is loaded opposite to metal-piercing teeth or blades.”
According to the report, an increased demand for rupture discs in combination with relief valves is one of the major factors driving the market. A rupture disc protects the valve from coming into direct contact with the corrosive and viscous materials present in the process media and helps in regulating the pressure when the relief valve malfunctions. Thus, the use of rupture discs in combination with relief valves protects the valves as well as the process system.
Further, the report states that one of the major challenges that the market faces is the lack of adoption of monitoring and control system.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.