Market Overview:
The global balance valve market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for HVAC systems, petroleum and gas, and other applications across the globe. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. The static balance valve segment is expected to dominate the global balance valve market during the forecast period owing to its low cost and easy installation.
Product Definition:
A balance valve is a type of check valve used to maintain a balanced pressure on each side of the valve. The importance of balance valves is that they help ensure equal pressure in both sides of the system, preventing leaks and ensuring proper operation.
Static Balance Valve:
A static balance valve is a device used to regulate the flow of fluid in an open system. It works by shifting the equilibrium between two fluids, usually oil and water. The most common application of this technology is found in centrifugal pump impellers where it helps to maintain constant pressure throughout the impeller rotation without any fluctuations due to variations in flow rate or suction/pressure loss across different stages of the pump.
Dynamic Balance Valve:
The dynamic balance valve is a device that helps in maintaining the stability of blood pressure. It does this by automatically adjusting the flow rate of blood through the valve according to changes in patient’s vital signs such as pulse and body temperature. This technology has been around for quite some time but it came into its own with advent of digital BP monitors and wireless sensors.
Application Insights:
The HVAC system segment accounted for the largest market share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to factors such as increasing construction of commercial buildings, rise in air conditioning requirements, and growth of the residential sector. The petroleum and gas application segment is also expected to witness significant growth during the forecast period owing to rising demand for balance valves from onshore oil fields as well as offshore platforms. Other applications include food & beverage processing plants, chemical plants, power generation facilities among others which require a highly durable product with high performance characteristics at an affordable price.
The Asia Pacific region has been witnessing tremendous industrial development along with rapid urbanization which has resulted in increased energy consumption across various end-use industries including transportation systems and heating/cooling applications leading to higher requirement of valves within these sectors.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key manufacturers in countries, such as China and Japan, has contributed to regional growth. Furthermore, increasing demand for HVAC systems due to rising population and rapid urbanization in emerging economies such as India and China is likely to drive product demand over the next eight years.
The balance valves manufactured by these companies are used across various applications including HVAC system, petroleum & gas industry, water treatment plant among others. North America region accounted for a significant share of revenue owing to high replacement rates of old equipment with new technologically advanced products coupled with stringent government regulations regarding energy consumption per structure or building which will positively impact regional growth during the forecast period.
Growth Factors:
- Increasing demand from the end-user industries
- Growing popularity of automation in various industries
- Rising awareness about the benefits of using balance valves
- Technological advancements in valve manufacturing process
- Growing demand for energy-efficient and environment-friendly technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Balance Valve Market Research Report
By Type
Static Balance Valve, Dynamic Balance Valve, Other
By Application
HVAC System, Petroleum and Gas, Other
By Companies
Oventrop, Ksb, Cimberio, Kitz, Otto, Desn Fluid Control, Masoneilan, Hushan Valve Manufacturing, Shanghai Shanggao Valve, Shanghai Julang Valve
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Balance Valve Market Report Segments:
The global Balance Valve market is segmented on the basis of:
Types
Static Balance Valve, Dynamic Balance Valve, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
HVAC System, Petroleum and Gas, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oventrop
- Ksb
- Cimberio
- Kitz
- Otto
- Desn Fluid Control
- Masoneilan
- Hushan Valve Manufacturing
- Shanghai Shanggao Valve
- Shanghai Julang Valve
Highlights of The Balance Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Static Balance Valve
- Dynamic Balance Valve
- Other
- By Application:
- HVAC System
- Petroleum and Gas
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Balance Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A balance valve is a device used to maintain the equilibrium of pressure in a system. It allows gas or liquid to flow into or out of the system in response to changes in pressure, without causing an abrupt change in volume.
Some of the key players operating in the balance valve market are Oventrop, Ksb, Cimberio, Kitz, Otto, Desn Fluid Control, Masoneilan, Hushan Valve Manufacturing, Shanghai Shanggao Valve, Shanghai Julang Valve.
The balance valve market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Balance Valve Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Balance Valve Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Balance Valve Market - Supply Chain
4.5. Global Balance Valve Market Forecast
4.5.1. Balance Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Balance Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Balance Valve Market Absolute $ Opportunity
5. Global Balance Valve Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Balance Valve Market Size and Volume Forecast by Type
5.3.1. Static Balance Valve
5.3.2. Dynamic Balance Valve
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Balance Valve Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Balance Valve Market Size and Volume Forecast by Application
6.3.1. HVAC System
6.3.2. Petroleum and Gas
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Balance Valve Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Balance Valve Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Balance Valve Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Balance Valve Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Balance Valve Demand Share Forecast, 2019-2026
9. North America Balance Valve Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Balance Valve Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Balance Valve Market Size and Volume Forecast by Application
9.4.1. HVAC System
9.4.2. Petroleum and Gas
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Balance Valve Market Size and Volume Forecast by Type
9.7.1. Static Balance Valve
9.7.2. Dynamic Balance Valve
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Balance Valve Demand Share Forecast, 2019-2026
10. Latin America Balance Valve Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Balance Valve Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Balance Valve Market Size and Volume Forecast by Application
10.4.1. HVAC System
10.4.2. Petroleum and Gas
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Balance Valve Market Size and Volume Forecast by Type
10.7.1. Static Balance Valve
10.7.2. Dynamic Balance Valve
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Balance Valve Demand Share Forecast, 2019-2026
11. Europe Balance Valve Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Balance Valve Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Balance Valve Market Size and Volume Forecast by Application
11.4.1. HVAC System
11.4.2. Petroleum and Gas
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Balance Valve Market Size and Volume Forecast by Type
11.7.1. Static Balance Valve
11.7.2. Dynamic Balance Valve
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth otential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Balance Valve Demand Share, 2019-2026
12. Asia Pacific Balance Valve Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Balance Valve Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Balance Valve Market Size and Volume Forecast by Application
12.4.1. HVAC System
12.4.2. Petroleum and Gas
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Balance Valve Market Size and Volume Forecast by Type
12.7.1. Static Balance Valve
12.7.2. Dynamic Balance Valve
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Balance Valve Demand Share, 2019-2026
13. Middle East & Africa Balance Valve Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Balance Valve Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Balance Valve Market Size and Volume Forecast by Application
13.4.1. HVAC System
13.4.2. Petroleum and Gas
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Balance Valve Market Size and Volume Forecast by Type
13.7.1. Static Balance Valve
13.7.2. Dynamic Balance Valve
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Balance Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Balance Valve Market: Market Share Analysis
14.2. Balance Valve Distributors and Customers
14.3. Balance Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Oventrop
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ksb
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cimberio
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kitz
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Otto
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Desn Fluid Control
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Masoneilan
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hushan Valve Manufacturing
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shanghai Shanggao Valve
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Julang Valve
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
