Market Overview:
The global cut-off valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cut-off valves from various end-use industries, such as manufacturing, chemical, petroleum & gas and water treatment industries. In terms of type, gate valves are expected to lead the global cut-off valve market during the forecast period due to their wide range of applications in various end-use industries. Ball valves are also anticipated to witness high growth rates during the forecast period owing to their growing demand in water treatment and other industrial applications.
Product Definition:
A cutoff valve is a valve that can be used to stop the flow of a fluid. It can be opened or closed in order to stop the flow of fluid. The cutoff valve is important because it allows for control over the flow of fluid.
Gate Valve:
A gate valve is a device used to control fluid flow through an orifice. It consists of a flexible hose attached to a closed-end or rigid pipe, which is inserted into the flow stream. The other end of the hose is connected to an opening in the controlling device, and it can be operated by hand or automatically via electrical motor.
Globe Valve:
Globe valve is a one-way flow control device that controls the fluid movement in only one direction. It is mainly used to restrict the backward flow of liquid or gas through a valve seat. The other end of globe valve is attached to an open or closed position stem which can be connected to another mechanism, instrument, machine etc.
The working principle of globe valves is very simple; it works on centrifugal force.
Application Insights:
The manufacturing industry led the global cut-off valve market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing industrialization in developing countries, such as China, India, and Brazil; growing demand for energy efficient products; and technological advancements in valves.
In recent years there has been an increased focus on improving plant efficiency through adopting energy-efficient technologies including HVAC systems along with advanced safety equipment that meets stringent regulatory norms regarding workplace safety across all industries worldwide. This trend is expected to drive product demand from various end-use applications over the forecast period including water treatment plants and others which will further propel growth globally during the analysis period (2018 - 2030).
Regional Analysis:
Europe was the largest market for global cut-off valves, accounting for more than 30% of the total revenue in 2017. The region is expected to continue its dominance over the forecast period as well owing to high product demand from various end-use industries such as manufacturing, chemical and petrochemical, water treatment and others. In addition, Europe has been witnessing a growing number of pipeline incidents due to old or deteriorated infrastructure which results in leakage of petroleum products leading to environmental pollution. This factor is anticipated to propel product demand over the forecast period.
Asia Pacific is projected to be one of the fastest growing regions with a CAGR exceeding 6% during the forecast years owing an increasing number of construction projects coupled with rising energy consumption especially in emerging economies such as China.
Growth Factors:
- Increasing demand for automation in various industries
- Rising demand for energy-efficient and environment-friendly technologies
- Growing investments in research and development of new cut-off valve products
- Proliferation of online shopping platforms and increasing trend of ecommerce
- Technological advancements such as the introduction of smart valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Cut-Off Valve Market Research Report
By Type
Gate Valve, Globe Valve, Cock Valve, Ball Valve, Others
By Application
Manufacturing Industry, Chemical Industry, Petroleum & Gas Industry, Water Treatment, Others
By Companies
Pfeiffer Chemie-Armaturenbau GmbH, Aalborg Instruments, Aeon International Ltd, Agromatic Regelungstechnik GmbH, Alco, Armaturen Arndt, Belgicast, C.M.O., DeZURIK, FLOWSERVE, Highlight Technology Corp, Indra 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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Cut-Off Valve Market Report Segments:
The global Cut-Off Valve market is segmented on the basis of:
Types
Gate Valve, Globe Valve, Cock Valve, Ball Valve, Others
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
Manufacturing Industry, Chemical Industry, Petroleum & Gas Industry, Water Treatment, Others
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:
- Pfeiffer Chemie-Armaturenbau GmbH
- Aalborg Instruments
- Aeon International Ltd
- Agromatic Regelungstechnik GmbH
- Alco
- Armaturen Arndt
- Belgicast
- C.M.O.
- DeZURIK
- FLOWSERVE
- Highlight Technology Corp
- Indra Valve
Highlights of The Cut-Off 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:
- Gate Valve
- Globe Valve
- Cock Valve
- Ball Valve
- Others
- By Application:
- Manufacturing Industry
- Chemical Industry
- Petroleum & Gas Industry
- Water Treatment
- Others
- 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 Cut-Off 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.
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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 cut-off valve is a device that allows gas or liquid to flow only in one direction. It is used to control the flow of fluid in pipelines, tanks, and other containers.
Some of the major companies in the cut-off valve market are Pfeiffer Chemie-Armaturenbau GmbH, Aalborg Instruments, Aeon International Ltd, Agromatic Regelungstechnik GmbH, Alco, Armaturen Arndt, Belgicast, C.M.O., DeZURIK, FLOWSERVE, Highlight Technology Corp, Indra Valve.
The cut-off valve market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cut-Off 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. Cut-Off Valve Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cut-Off Valve Market - Supply Chain
4.5. Global Cut-Off Valve Market Forecast
4.5.1. Cut-Off Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cut-Off Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cut-Off Valve Market Absolute $ Opportunity
5. Global Cut-Off 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. Cut-Off Valve Market Size and Volume Forecast by Type
5.3.1. Gate Valve
5.3.2. Globe Valve
5.3.3. Cock Valve
5.3.4. Ball Valve
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cut-Off 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. Cut-Off Valve Market Size and Volume Forecast by Application
6.3.1. Manufacturing Industry
6.3.2. Chemical Industry
6.3.3. Petroleum & Gas Industry
6.3.4. Water Treatment
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cut-Off 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. Cut-Off 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 Cut-Off 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. Cut-Off 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 Cut-Off Valve Demand Share Forecast, 2019-2026
9. North America Cut-Off 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 Cut-Off 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 Cut-Off Valve Market Size and Volume Forecast by Application
9.4.1. Manufacturing Industry
9.4.2. Chemical Industry
9.4.3. Petroleum & Gas Industry
9.4.4. Water Treatment
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cut-Off Valve Market Size and Volume Forecast by Type
9.7.1. Gate Valve
9.7.2. Globe Valve
9.7.3. Cock Valve
9.7.4. Ball Valve
9.7.5. Others
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 Cut-Off Valve Demand Share Forecast, 2019-2026
10. Latin America Cut-Off 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 Cut-Off 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 Cut-Off Valve Market Size and Volume Forecast by Application
10.4.1. Manufacturing Industry
10.4.2. Chemical Industry
10.4.3. Petroleum & Gas Industry
10.4.4. Water Treatment
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cut-Off Valve Market Size and Volume Forecast by Type
10.7.1. Gate Valve
10.7.2. Globe Valve
10.7.3. Cock Valve
10.7.4. Ball Valve
10.7.5. Others
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 Cut-Off Valve Demand Share Forecast, 2019-2026
11. Europe Cut-Off 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 Cut-Off 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 Cut-Off Valve Market Size and Volume Forecast by Application
11.4.1. Manufacturing Industry
11.4.2. Chemical Industry
11.4.3. Petroleum & Gas Industry
11.4.4. Water Treatment
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cut-Off Valve Market Size and Volume Forecast by Type
11.7.1. Gate Valve
11.7.2. Globe Valve
11.7.3. Cock Valve
11.7.4. Ball Valve
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Tpe
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential 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 Cut-Off Valve Demand Share, 2019-2026
12. Asia Pacific Cut-Off 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 Cut-Off 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 Cut-Off Valve Market Size and Volume Forecast by Application
12.4.1. Manufacturing Industry
12.4.2. Chemical Industry
12.4.3. Petroleum & Gas Industry
12.4.4. Water Treatment
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cut-Off Valve Market Size and Volume Forecast by Type
12.7.1. Gate Valve
12.7.2. Globe Valve
12.7.3. Cock Valve
12.7.4. Ball Valve
12.7.5. Others
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 Cut-Off Valve Demand Share, 2019-2026
13. Middle East & Africa Cut-Off 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 Cut-Off 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 Cut-Off Valve Market Size and Volume Forecast by Application
13.4.1. Manufacturing Industry
13.4.2. Chemical Industry
13.4.3. Petroleum & Gas Industry
13.4.4. Water Treatment
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cut-Off Valve Market Size and Volume Forecast by Type
13.7.1. Gate Valve
13.7.2. Globe Valve
13.7.3. Cock Valve
13.7.4. Ball Valve
13.7.5. Others
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 Cut-Off Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cut-Off Valve Market: Market Share Analysis
14.2. Cut-Off Valve Distributors and Customers
14.3. Cut-Off Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pfeiffer Chemie-Armaturenbau GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aalborg Instruments
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Aeon International Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Agromatic Regelungstechnik GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Alco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Armaturen Arndt
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Belgicast
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. C.M.O.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DeZURIK
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FLOWSERVE
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Highlight Technology Corp
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Indra Valve
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
