Market Overview:
The global double check valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for double check valves from various end-use industries, such as chemical plants, water stations, hazardous waste and others. In addition, the growing awareness about safety and security among consumers is also propelling the growth of this market. Based on type, the global double check valves market can be segmented into stainless steel, ductile iron and bronze. Among these segments, stainless steel is expected to witness highest growth during the forecast period owing to its properties such as corrosion resistance and durability. Based on application, the global double check valves market can be segmented into chemical plant, water stations hazardous waste and others).
Product Definition:
A double check valve is a type of valve that helps to prevent backflow in a plumbing system. The purpose of the double check valve is to ensure that no contaminants or pollutants can flow back into the water supply from any other part of the plumbing system. This type of valve is important because it helps to protect against possible contamination and keeps the water supply safe for use.
Stainless Steel:
Stainless steel is a durable, strong and lightweight material which has high corrosion resistance. It can be easily fabricated, formed, and machined into various shapes. The finished products have good electrical properties making them suitable for use in electrical appliances such as double check valves.
The global stainless steel market size was valued at USD 18.46 billion in 2015.
Ductile Iron:
Ductile iron is a form of cast iron. It can be used as an alloy with carbon, manganese, silicon and other metals. Ductile irons are widely used in the manufacturing of double check valves owing to their characteristics such as high strength and low permeability & leakage. The demand for these products is expected to grow on account of rising shale gas exploration activities across the globe coupled with growing water well drilling activities in U.S.
Application Insights:
The chemical plant application segment accounted for the largest share of over 30.0% in 2017. The product is widely used in chemical plants, petrochemical facilities and other industries where safety is a major concern. It has been observed that double check valves are installed at every point of entry/exit from primary to secondary containment within aChemical Plant, these valves are designed with an automatic pressure relief device to prevent possible accidents caused due to failure of the equipment or piping system involving chemicals or fluids.
Water stations application segment was valued over USD 40 million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owingto increasing demand for water purification systems across industrial as well as commercial sectors globally coupled with rising population will drive the market growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global double check valves market in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, coupled with increasing energy demand, which has led to an increased adoption of check valves across various end-use industries. China and India are among the largest consumers of coal; however, there is a decline in its production owing to stringent environmental regulations by regulatory bodies such as State Power Investment Corporation (SPIC) and Ministry of Environment & Forest (MoEF). This factor is anticipated to have a negative impact on growth over the next eight years.
The U.S., being one of the most developed countries globally with well-established infrastructure sector including chemical plants, water treatment facilities etc., witnessed significant product demand from 2016 till 2017 due to aging infrastructure projects such as bridges and tunnels that require constant maintenance activities for proper functioning at optimum efficiency levels throughout their lifecycle phases.
Growth Factors:
- Increasing demand for double check valves in water and wastewater treatment plants owing to the growing awareness about the benefits of using these valves for preventing water contamination.
- Rising investments in municipal and industrial infrastructure projects, which is expected to lead to an increase in demand for double check valves over the next few years.
- Growing popularity of double check valves as a reliable solution for controlling backflow incidents, which is resulting in their increasing adoption across various industries.
- Technological advancements that have led to the development of more efficient and compact double check valve designs, making them more attractive options for end-users.
- Stringent regulations pertaining to backflow prevention that are being implemented by various governments around the world, which is driving demand for double check valves as a necessary safety measure
Scope Of The Report
Report Attributes
Report Details
Report Title
Double Check Valves Market Research Report
By Type
Stainless Steel, Ductile Iron, Bronze
By Application
Chemical Plant, Water Stations, Hazardous Waste, Others
By Companies
APOLLO, Arrow Valves, WATTS, Zurn, RMC Water Control Valves, Caleffi, Haldex, Reliance, Herz Valves, Zhejiang Valogin Technology, Ningbo Yinzhou Plumbing Hardware
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Double Check Valves Market Report Segments:
The global Double Check Valves market is segmented on the basis of:
Types
Stainless Steel, Ductile Iron, Bronze
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
Chemical Plant, Water Stations, Hazardous Waste, 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:
- APOLLO
- Arrow Valves
- WATTS
- Zurn
- RMC Water Control Valves
- Caleffi
- Haldex
- Reliance
- Herz Valves
- Zhejiang Valogin Technology
- Ningbo Yinzhou Plumbing Hardware
Highlights of The Double Check Valves 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:
- Stainless Steel
- Ductile Iron
- Bronze
- By Application:
- Chemical Plant
- Water Stations
- Hazardous Waste
- 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 Double Check Valves 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?
Double Check Valves are a type of safety valve that is used to prevent backflow in a pipeline. When the pressure in the pipeline rises, the Double Check Valve opens and allows gas to escape, but prevents liquid from flowing back into the pipeline.
Some of the key players operating in the double check valves market are APOLLO, Arrow Valves, WATTS, Zurn, RMC Water Control Valves, Caleffi, Haldex, Reliance, Herz Valves, Zhejiang Valogin Technology, Ningbo Yinzhou Plumbing Hardware.
The double check valves 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. Double Check Valves 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. Double Check Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Double Check Valves Market - Supply Chain
4.5. Global Double Check Valves Market Forecast
4.5.1. Double Check Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Double Check Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Double Check Valves Market Absolute $ Opportunity
5. Global Double Check Valves 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. Double Check Valves Market Size and Volume Forecast by Type
5.3.1. Stainless Steel
5.3.2. Ductile Iron
5.3.3. Bronze
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Double Check Valves 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. Double Check Valves Market Size and Volume Forecast by Application
6.3.1. Chemical Plant
6.3.2. Water Stations
6.3.3. Hazardous Waste
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Double Check Valves 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. Double Check Valves 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 Double Check Valves 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. Double Check Valves 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 Double Check Valves Demand Share Forecast, 2019-2029
9. North America Double Check Valves 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 Double Check Valves 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 Double Check Valves Market Size and Volume Forecast by Application
9.4.1. Chemical Plant
9.4.2. Water Stations
9.4.3. Hazardous Waste
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Double Check Valves Market Size and Volume Forecast by Type
9.7.1. Stainless Steel
9.7.2. Ductile Iron
9.7.3. Bronze
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 Double Check Valves Demand Share Forecast, 2019-2029
10. Latin America Double Check Valves 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 Double Check Valves 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 Double Check Valves Market Size and Volume Forecast by Application
10.4.1. Chemical Plant
10.4.2. Water Stations
10.4.3. Hazardous Waste
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Double Check Valves Market Size and Volume Forecast by Type
10.7.1. Stainless Steel
10.7.2. Ductile Iron
10.7.3. Bronze
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 Double Check Valves Demand Share Forecast, 2019-2029
11. Europe Double Check Valves 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 Double Check Valves 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 Double Check Valves Market Size and Volume Forecast by Application
11.4.1. Chemical Plant
11.4.2. Water Stations
11.4.3. Hazardous Waste
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Double Check Valves Market Size and Volume Forecast by Type
11.7.1. Stainless Steel
11.7.2. Ductile Iron
11.7.3. Bronze
11.8. Basis Point Share (BPS) Analysis by Type
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 Double Check Valves Demand Share, 2019-2029
12. Asia Pacific Double Check Valves 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 Double Check Valves 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 Double Check Valves Market Size and Volume Forecast by Application
12.4.1. Chemical Plant
12.4.2. Water Stations
12.4.3. Hazardous Waste
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Double Check Valves Market Size and Volume Forecast by Type
12.7.1. Stainless Steel
12.7.2. Ductile Iron
12.7.3. Bronze
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 Double Check Valves Demand Share, 2019-2029
13. Middle East & Africa Double Check Valves 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 Double Check Valves 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 Double Check Valves Market Size and Volume Forecast by Application
13.4.1. Chemical Plant
13.4.2. Water Stations
13.4.3. Hazardous Waste
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Double Check Valves Market Size and Volume Forecast by Type
13.7.1. Stainless Steel
13.7.2. Ductile Iron
13.7.3. Bronze
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 Double Check Valves Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Double Check Valves Market: Market Share Analysis
14.2. Double Check Valves Distributors and Customers
14.3. Double Check Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. APOLLO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arrow Valves
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WATTS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zurn
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. RMC Water Control Valves
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Caleffi
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haldex
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Reliance
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Herz Valves
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhejiang Valogin Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Ningbo Yinzhou Plumbing Hardware
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
