Market Overview:
The global bellows seal globe 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 bellows seal globe valves in various applications, such as hot oil systems, steam systems, and hot water systems. In addition, the growing demand for these valves in the Middle East & Africa and Asia Pacific regions is also contributing to the growth of this market.
Product Definition:
A bellows seal globe valve is a type of valve that uses a bellows to create a tight seal between the seat and the disc. This type of valve is often used in applications where high pressures or temperatures are present.
Flange Type:
Flange type is a structural component of a valve, which has two metal plates joined by a flexible diaphragm. It helps in maintaining the pressure between the valve and its seat. The flange can be closed by an external stem or it can operate as an open channel depending upon the position of the diaphragm.
Socket Weld Type:
The socket weld type is used in the manufacture of globe valves. It’s a method where two metal plates are clamped together by means of bolts and nuts and then they are welded at their joined surfaces. The process can be done manually or with the help of automated equipment like automatic welding machines.
Application Insights:
The others application segment includes vacuum system, gas system, and waste water treatment plant. The demand for the product is expected to increase in the coming years owing to its ability to seal against various types of contaminants including steam, oil & gas pressure, and vacuum. Bellows seal globe valves are used in a variety of applications such as hot oil system, steam system, hot water system and others.
Hot oil systems include heavy-duty machinery that requires high-pressure seals with higher flow rates for lubrication purposes. These systems also require seals with enhanced durability over time as they are subjected to extreme temperatures & pressures while operating machines at a manufacturing facility or an industrial plant.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and end-users coupled with stringent government regulations. The region is expected to witness moderate growth over the forecast period.
Asia Pacific is anticipated to register significant growth over the forecast period owing to increasing demand from emerging economies such as China, India, and Japan. In addition, rising industrialization along with growing infrastructure activities are likely to drive product demand in this region. Furthermore, rapid urbanization has resulted in increased water requirements which will further propel industry expansion over the next eight years (2030).
The Latin American regional market was valued at USD X million in 2017 and is projected to expand at a CAGR of XX% during the forecast period on account of increasing steam system installations by various oil & gas companies operating across countries such as Brazil and Argentina due to rising exploration activities coupled with an increase in downstream projects including LNG terminals being built across these regions.
Growth Factors:
- Increasing demand from process industries for better control and efficient flow of fluids
- Rising investments in oil & gas and chemical processing industries
- Growing popularity of bellows seal globe valves in sanitary applications
- Technological advancements that have led to the development of more reliable and durable valves
- Proliferation of valve automation solutions for improved performance and reduced operating costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Bellows Seal Globe Valves Market Research Report
By Type
Flange Type, Socket Weld Type
By Application
Hot Oil System, Steam System, Hot Water System, Others
By Companies
Velan, NTGD, Runtaida Pipe Valve, Dixon, BOS, Red Point, Newton Fluid Technology, Microfinish, Wenzhou Weike 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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Bellows Seal Globe Valves Market Report Segments:
The global Bellows Seal Globe Valves market is segmented on the basis of:
Types
Flange Type, Socket Weld Type
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
Hot Oil System, Steam System, Hot Water System, 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
- NTGD
- Runtaida Pipe Valve
- Dixon
- BOS
- Red Point
- Newton Fluid Technology
- Microfinish
- Wenzhou Weike Valve
Highlights of The Bellows Seal 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:
- Flange Type
- Socket Weld Type
- By Application:
- Hot Oil System
- Steam System
- Hot Water System
- 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 Bellows Seal 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.
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?
Bellows Seal Globe Valves are a type of valve that is used in industrial and commercial settings to control the flow of liquids, gases, or steam. These valves are typically made from metal and have a bellows-like design that allows them to expand and contract easily. They can be opened and closed using either hand or machine tools, making them an ideal choice for applications where precision is required.
Some of the major players in the bellows seal globe valves market are Velan, NTGD, Runtaida Pipe Valve, Dixon, BOS, Red Point, Newton Fluid Technology, Microfinish, Wenzhou Weike Valve.
The bellows seal globe valves market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bellows Seal Globe Valves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bellows Seal Globe Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bellows Seal Globe Valves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bellows Seal Globe Valves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bellows Seal Globe Valves Market Size & Forecast, 2018-2028
4.5.1 Bellows Seal Globe Valves Market Size and Y-o-Y Growth
4.5.2 Bellows Seal Globe Valves Market Absolute $ Opportunity
Chapter 5 Global Bellows Seal Globe Valves Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bellows Seal Globe Valves Market Size Forecast by Type
5.2.1 Flange Type
5.2.2 Socket Weld Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bellows Seal Globe Valves Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bellows Seal Globe Valves Market Size Forecast by Applications
6.2.1 Hot Oil System
6.2.2 Steam System
6.2.3 Hot Water System
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bellows Seal Globe Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bellows Seal Globe Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bellows Seal Globe Valves Analysis and Forecast
9.1 Introduction
9.2 North America Bellows Seal Globe Valves Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bellows Seal Globe Valves Market Size Forecast by Type
9.6.1 Flange Type
9.6.2 Socket Weld Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bellows Seal Globe Valves Market Size Forecast by Applications
9.10.1 Hot Oil System
9.10.2 Steam System
9.10.3 Hot Water System
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bellows Seal Globe Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Bellows Seal Globe Valves Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bellows Seal Globe Valves Market Size Forecast by Type
10.6.1 Flange Type
10.6.2 Socket Weld Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bellows Seal Globe Valves Market Size Forecast by Applications
10.10.1 Hot Oil System
10.10.2 Steam System
10.10.3 Hot Water System
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bellows Seal Globe Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bellows Seal Globe Valves Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bellows Seal Globe Valves Market Size Forecast by Type
11.6.1 Flange Type
11.6.2 Socket Weld Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bellows Seal Globe Valves Market Size Forecast by Applications
11.10.1 Hot Oil System
11.10.2 Steam System
11.10.3 Hot Water System
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bellows Seal Globe Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Bellows Seal Globe Valves Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bellows Seal Globe Valves Market Size Forecast by Type
12.6.1 Flange Type
12.6.2 Socket Weld Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bellows Seal Globe Valves Market Size Forecast by Applications
12.10.1 Hot Oil System
12.10.2 Steam System
12.10.3 Hot Water System
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bellows Seal Globe Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bellows Seal Globe Valves Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bellows Seal Globe Valves Market Size Forecast by Type
13.6.1 Flange Type
13.6.2 Socket Weld Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bellows Seal Globe Valves Market Size Forecast by Applications
13.10.1 Hot Oil System
13.10.2 Steam System
13.10.3 Hot Water System
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bellows Seal Globe Valves Market: Competitive Dashboard
14.2 Global Bellows Seal Globe Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Velan
14.3.2 NTGD
14.3.3 Runtaida Pipe Valve
14.3.4 Dixon
14.3.5 BOS
14.3.6 Red Point
14.3.7 Newton Fluid Technology
14.3.8 Microfinish
14.3.9 Wenzhou Weike Valve
