Global Forged Steel Globe Valves Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing demand for energy and power generation, growing need for oil and gas industries, and increasing demand for commercial applications in developing economies.
The global forged steel globe valves market is segmented on the basis of type into bolted bonnet, welded bonnet, pressure seal bonnet; on the basis of application into oil and gas industries, power industry, commercial; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Forged steel globe valves are used in a wide range of industries, including oil and gas, petrochemical, power generation, pulp and paper, mining and more.
- The demand for forged steel globe valves is expected to grow as the global population increases and the need for energy continues to rise.
- Forged steel globe valves are durable and can withstand high pressures without leaking or breaking down over time.
- Forged steel globe valves are easy to install with minimal downtime required for installation or maintenance work on site.
- The cost of forged steel globe valves is lower than other types of valve designs.
Industry Growth Insights published a new data on “Forged Steel Globe Valves Market”. The research report is titled “Forged Steel Globe Valves Market research by Types (Bolted Bonnet, Welded Bonnet, Pressure Seal Bonnet), By Applications (Oil and Gas Industries, Power Industry, Commercial, Others), By Players/Companies Velan, Tecofi, Haitima, Dixon Valve, Powell Valves, Davis Valve, Oswal Valves, Beric Davis, Fortune Valve, Kinka Kikai, KOJO Valve, GWC Valve”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Forged Steel Globe Valves Market Research Report
By Type
Bolted Bonnet, Welded Bonnet, Pressure Seal Bonnet
By Application
Oil and Gas Industries, Power Industry, Commercial, Others
By Companies
Velan, Tecofi, Haitima, Dixon Valve, Powell Valves, Davis Valve, Oswal Valves, Beric Davis, Fortune Valve, Kinka Kikai, KOJO Valve, GWC 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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Forged Steel Globe Valves Market Report Segments:
The global Forged Steel Globe Valves market is segmented on the basis of:
Types
Bolted Bonnet, Welded Bonnet, Pressure Seal Bonnet
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
Oil and Gas Industries, Power Industry, Commercial, 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:
- Velan
- Tecofi
- Haitima
- Dixon Valve
- Powell Valves
- Davis Valve
- Oswal Valves
- Beric Davis
- Fortune Valve
- Kinka Kikai
- KOJO Valve
- GWC Valve
Highlights of The Forged Steel Globe 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:
- Bolted Bonnet
- Welded Bonnet
- Pressure Seal Bonnet
- By Application:
- Oil and Gas Industries
- Power Industry
- Commercial
- 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 Forged Steel Globe 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.
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- Correctly Positioning New Products
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- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Forged steel globe valves are made from a specially treated and hardened steel. The treatment makes the metal harder and more durable, while the hardening process makes it resistant to wear and tear. This combination results in a valve that is able to withstand high pressures and temperatures without breaking down.
Some of the key players operating in the forged steel globe valves market are Velan, Tecofi, Haitima, Dixon Valve, Powell Valves, Davis Valve, Oswal Valves, Beric Davis, Fortune Valve, Kinka Kikai, KOJO Valve, GWC Valve.
The forged steel globe valves market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Forged Steel Globe 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. Forged Steel Globe Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Forged Steel Globe Valves Market - Supply Chain
4.5. Global Forged Steel Globe Valves Market Forecast
4.5.1. Forged Steel Globe Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Forged Steel Globe Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Forged Steel Globe Valves Market Absolute $ Opportunity
5. Global Forged Steel Globe 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. Forged Steel Globe Valves Market Size and Volume Forecast by Type
5.3.1. Bolted Bonnet
5.3.2. Welded Bonnet
5.3.3. Pressure Seal Bonnet
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Forged Steel Globe 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. Forged Steel Globe Valves Market Size and Volume Forecast by Application
6.3.1. Oil and Gas Industries
6.3.2. Power Industry
6.3.3. Commercial
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Forged Steel Globe 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. Forged Steel Globe 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 Forged Steel Globe 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. Forged Steel Globe 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 Forged Steel Globe Valves Demand Share Forecast, 2019-2026
9. North America Forged Steel Globe 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 Forged Steel Globe 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 Forged Steel Globe Valves Market Size and Volume Forecast by Application
9.4.1. Oil and Gas Industries
9.4.2. Power Industry
9.4.3. Commercial
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 Forged Steel Globe Valves Market Size and Volume Forecast by Type
9.7.1. Bolted Bonnet
9.7.2. Welded Bonnet
9.7.3. Pressure Seal Bonnet
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 Forged Steel Globe Valves Demand Share Forecast, 2019-2026
10. Latin America Forged Steel Globe 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 Forged Steel Globe 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 Forged Steel Globe Valves Market Size and Volume Forecast by Application
10.4.1. Oil and Gas Industries
10.4.2. Power Industry
10.4.3. Commercial
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 Forged Steel Globe Valves Market Size and Volume Forecast by Type
10.7.1. Bolted Bonnet
10.7.2. Welded Bonnet
10.7.3. Pressure Seal Bonnet
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 Forged Steel Globe Valves Demand Share Forecast, 2019-2026
11. Europe Forged Steel Globe 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 Forged Steel Globe 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 Forged Steel Globe Valves Market Size and Volume Forecast by Application
11.4.1. Oil and Gas Industries
11.4.2. Power Industry
11.4.3. Commercial
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 Forged Steel Globe Valves Market Size and Volume Forecast by Type
11.7.1. Bolted Bonnet
11.7.2. Welded Bonnet
11.7.3. Pressure Sal Bonnet
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 Forged Steel Globe Valves Demand Share, 2019-2026
12. Asia Pacific Forged Steel Globe 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 Forged Steel Globe 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 Forged Steel Globe Valves Market Size and Volume Forecast by Application
12.4.1. Oil and Gas Industries
12.4.2. Power Industry
12.4.3. Commercial
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 Forged Steel Globe Valves Market Size and Volume Forecast by Type
12.7.1. Bolted Bonnet
12.7.2. Welded Bonnet
12.7.3. Pressure Seal Bonnet
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 Forged Steel Globe Valves Demand Share, 2019-2026
13. Middle East & Africa Forged Steel Globe 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 Forged Steel Globe 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 Forged Steel Globe Valves Market Size and Volume Forecast by Application
13.4.1. Oil and Gas Industries
13.4.2. Power Industry
13.4.3. Commercial
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 Forged Steel Globe Valves Market Size and Volume Forecast by Type
13.7.1. Bolted Bonnet
13.7.2. Welded Bonnet
13.7.3. Pressure Seal Bonnet
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 Forged Steel Globe Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Forged Steel Globe Valves Market: Market Share Analysis
14.2. Forged Steel Globe Valves Distributors and Customers
14.3. Forged Steel Globe Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Velan
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tecofi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Haitima
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dixon Valve
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Powell 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. Davis Valve
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Oswal Valves
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beric Davis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fortune 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. Kinka Kikai
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KOJO Valve
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. GWC 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
