Market Overview:
The global corrosion resistant valves market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for corrosion resistant valves from various end-use industries, such as chemical processing, oil & gas, pharmaceuticals, semiconductor and others. In addition, the growing awareness about the benefits of using corrosion resistant valves is also contributing to the growth of this market. Based on type, the global corrosion resistant valves market can be segmented into globe valve, ball valve, check valve butterfly valve and needle valve. Globe valves are expected to lead the global corrosion resistant valves market during the forecast period owing to their ability to handle high pressure and temperature conditions without any leakage or damage. Ball Valves are also witnessing a high demand due their features such as low operating torque and easy maintenance procedures.
Product Definition:
A corrosion resistant valve is a valve that is designed to resist the corrosive effects of its environment. These valves are important for many applications, as corrosion can cause significant damage to equipment and systems. Corrosion resistant valves can help protect against this damage, ensuring that equipment operates safely and reliably.
Globe Valve:
Globe valve is a one-way flow device that controls the liquid level in tanks or vessels. It can be closed by a diaphragm, ball, or plug. The term “globe” is derived from the shape of the valve which looks like a round ball with three prongs at its center and two handles on each side of it.
Ball Valve:
A ball valve is a closed valve, which consists of a hollow stem attached to a seat. The stem may be fitted with an orifice at the end through which fluid can flow when the valve is operated. Ball valves are used in applications where it is required to control and monitor flow from one or more sources into several outlets connected to containers of various sizes. They are also used for controlling and monitoring flows in reverse direction as well as for switching between different flows.
Application Insights:
The chemical processing application segment led the global corrosion resistant valves market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Corrosion resistant valves are widely used in oil & gas, chemical, pharmaceutical and food & beverage industries for process control applications. The rising demand for automation in these industries coupled with technological advancements is expected to drive growth over the coming years.
Oil & gas was the second largest revenue generating segment for CRVs in 2017 owing to increasing investments from Saudi Arabia, Russia and China on a petroleum exploration front as well as onshore shale plays across North America and Europe which have witnessed an upsurge in production levels since 2015. This factor along with growing concerns regarding operational safety is expected to boost product demand from oil & gas industry over the forecast period thereby driving growth globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is mainly attributed to China and India. In 2017, China accounted for a share of more than 30% in terms of revenue and is anticipated to grow at a CAGR close to 7% from 2018 to 2030.
The corrosion resistant valves market in Europe was valued at USD X million in 2017 owing to high demand from several end-use industries including chemical processing, oil & gas, water treatment, power generation among others which are highly regulated by various environmental regulations thus driving product adoption across all major industrial sectors including manufacturing, energy production.
Growth Factors:
- Increasing demand from oil and gas industry: The global corrosion resistant valves market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for these valves from the oil and gas industry, as they are used in various applications such as upstream, midstream, and downstream segments.
- Rising investments in infrastructure development: There has been a rise in investments in infrastructure development across the globe, which is expected to drive the growth of the corrosion resistant valves market during the forecast period. These valves are extensively used in various applications such as water treatment plants, power plants, refineries, petrochemical plants, and others.
- Growing awareness about safety measures: There has been an increase in awareness among end-users about safety measures while working with corrosive fluids or gases. This is driving them to adopt corrosion resistant valves for their operations., thereby propellingthe growth of this market duringthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Corrosion Resistant Valves Market Research Report
By Type
Globe Valve, Ball Valve, Check Valve, Butterfly Valve, Needle Valve, Others
By Application
Chemical Processing, Oil & Gas, Pharmaceutical, Semiconductor, Others
By Companies
Velan, Tantaline, RG Group, Schubert & Salzer, Ladish Valves, Festo, Spirax Sarco, Weir Group, TN Valves, Pneuflex Pneumatic, Entegris
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Corrosion Resistant Valves Market Report Segments:
The global Corrosion Resistant Valves market is segmented on the basis of:
Types
Globe Valve, Ball Valve, Check Valve, Butterfly Valve, Needle 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
Chemical Processing, Oil & Gas, Pharmaceutical, Semiconductor, 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
- Tantaline
- RG Group
- Schubert & Salzer
- Ladish Valves
- Festo
- Spirax Sarco
- Weir Group
- TN Valves
- Pneuflex Pneumatic
- Entegris
Highlights of The Corrosion Resistant 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:
- Globe Valve
- Ball Valve
- Check Valve
- Butterfly Valve
- Needle Valve
- Others
- By Application:
- Chemical Processing
- Oil & Gas
- Pharmaceutical
- Semiconductor
- 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 Corrosion Resistant 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
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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 corrosion resistant valve is a type of valve that resists the formation of rust and other corrosion. This is important because corroded valves can lead to leaks and other problems in pipelines, tanks, and other water systems.
Some of the major players in the corrosion resistant valves market are Velan, Tantaline, RG Group, Schubert & Salzer, Ladish Valves, Festo, Spirax Sarco, Weir Group, TN Valves, Pneuflex Pneumatic, Entegris.
The corrosion resistant valves market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Corrosion Resistant 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 Corrosion Resistant Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Corrosion Resistant 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 Corrosion Resistant 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 Corrosion Resistant Valves Market Size & Forecast, 2020-2028
4.5.1 Corrosion Resistant Valves Market Size and Y-o-Y Growth
4.5.2 Corrosion Resistant Valves Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Globe Valve
5.2.2 Ball Valve
5.2.3 Check Valve
5.2.4 Butterfly Valve
5.2.5 Needle Valve
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Chemical Processing
6.2.2 Oil & Gas
6.2.3 Pharmaceutical
6.2.4 Semiconductor
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Corrosion Resistant 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 Corrosion Resistant 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Globe Valve
9.6.2 Ball Valve
9.6.3 Check Valve
9.6.4 Butterfly Valve
9.6.5 Needle Valve
9.6.6 Others
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 Market Size Forecast by Applications
9.10.1 Chemical Processing
9.10.2 Oil & Gas
9.10.3 Pharmaceutical
9.10.4 Semiconductor
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Globe Valve
10.6.2 Ball Valve
10.6.3 Check Valve
10.6.4 Butterfly Valve
10.6.5 Needle Valve
10.6.6 Others
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 Market Size Forecast by Applications
10.10.1 Chemical Processing
10.10.2 Oil & Gas
10.10.3 Pharmaceutical
10.10.4 Semiconductor
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Globe Valve
11.6.2 Ball Valve
11.6.3 Check Valve
11.6.4 Butterfly Valve
11.6.5 Needle Valve
11.6.6 Others
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 Market Size Forecast by Applications
11.10.1 Chemical Processing
11.10.2 Oil & Gas
11.10.3 Pharmaceutical
11.10.4 Semiconductor
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Globe Valve
12.6.2 Ball Valve
12.6.3 Check Valve
12.6.4 Butterfly Valve
12.6.5 Needle Valve
12.6.6 Others
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 Market Size Forecast by Applications
12.10.1 Chemical Processing
12.10.2 Oil & Gas
12.10.3 Pharmaceutical
12.10.4 Semiconductor
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Globe Valve
13.6.2 Ball Valve
13.6.3 Check Valve
13.6.4 Butterfly Valve
13.6.5 Needle Valve
13.6.6 Others
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) Market Size Forecast by Applications
13.10.1 Chemical Processing
13.10.2 Oil & Gas
13.10.3 Pharmaceutical
13.10.4 Semiconductor
13.10.5 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 Corrosion Resistant Valves Market: Competitive Dashboard
14.2 Global Corrosion Resistant Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Velan
14.3.2 Tantaline
14.3.3 RG Group
14.3.4 Schubert & Salzer
14.3.5 Ladish Valves
14.3.6 Festo
14.3.7 Spirax Sarco
14.3.8 Weir Group
14.3.9 TN Valves
14.3.10 Pneuflex Pneumatic
14.3.11 Entegris
