Market Overview:
The global deep sea valves 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 oil and gas across the globe. Additionally, rising investments in infrastructure development are also expected to drive the growth of this market during the forecast period. The global deep sea valves market is segmented on the basis of type, application, and region.
Product Definition:
A deep sea valve is a type of valve that is used in pipelines and other underwater infrastructure to control the flow of fluid. These valves are typically made from cast iron or stainless steel, and can withstand the high pressure and harsh environment of the deep sea. They are important for controlling the flow of oil and gas in offshore pipelines, as well as for regulating water levels in dams and reservoirs.
Ball Valve:
Ball valves are used in process flow control and switching applications in the oil & gas industry. They are also used for water supply and drainage purposes. The growth of the global deep sea valves market is attributed to increasing demand from various end-use industries such as oil & gas, chemical processing, food & beverage processing, pharmaceuticals manufacturing among others.
Butterfly Valves:
Butterfly valves are a type of valve that is actuated by the motion of a fluid. It has one or more ports and its stem is bent into an S-shaped curve, which allows it to open and close in response to the flow of liquids. The basic operation principle behind this valve is similar to that of ball valves; however, they are designed in such a way that they can be opened by moderate pressure as well as high pressure.
Application Insights:
The oil industry was the dominant segment in 2017 and accounted for a revenue share of over 60%. The growth can be attributed to the increasing demand for crude oil from countries, such as Saudi Arabia, Iran, and Venezuela. Moreover, technological advancements in drilling equipment have led to an increase in production activities across various regions which has further driven the need for valves.
The gas industry is anticipated to witness significant growth over the forecast period owing to rising demand from countries including Russia and Qatar. In addition, growing investments by companies including BP plc (operator of brands like BP and Statoil), Repsol SAB de CV (operator of brands like Castoroaya Oil & Gas Platform) and Eni SPA are expected to propel market growth over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for oil & gas, chemicals, and other industrial products from various countries such as China, India, Japan. Increasing population coupled with rising living standards have led to an increase in energy consumption which is anticipated to drive the regional market growth over the forecast period.
The North America deep sea valves market was valued at USD X million in 2017 owing to high product utilization across major industries such as oil & gas sector and chemical industry for controlling leakage of fluids or gases through pipes or hoses connected into a system. In addition, growing need for efficient water management systems due to increasing urbanization has also positively influenced regional growth over the past few years. However, stringent government regulations regarding disposal of wastewater are expected to hamper industry expansion during future years owing their impact on treatment costs involved with municipal wastewater facilities; thereby affecting overall revenue generation within this region.
Growth Factors:
- Increasing demand for Deep Sea Valves in the oil and gas industry as a result of increasing exploration and production activities
- Rising demand for Deep Sea Valves from the power generation sector, owing to the increasing installation of new power plants across the globe
- Growing popularity of subsea systems and deep-water drilling projects, which is expected to boost demand for Deep Sea Valves in the near future
- Proliferation of stringent environmental regulations worldwide that mandate use of high-quality valves for efficient control over emissions and effluents discharged into water bodies
- Technological advancements in valve manufacturing processes that are resulting in development of more reliable and durable valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Deep Sea Valves Market Research Report
By Type
Ball Valve, Butterfly Valves, Spanner Valve, Others
By Application
Oil Industry, Gas Industry, Others
By Companies
Flowserve, Schlumberger, Oliver Valves, Alco Valves, BEL Valves, FITOK Group, Flocontrol
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Deep Sea Valves Market Report Segments:
The global Deep Sea Valves market is segmented on the basis of:
Types
Ball Valve, Butterfly Valves, Spanner 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
Oil Industry, Gas Industry, 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:
- Flowserve
- Schlumberger
- Oliver Valves
- Alco Valves
- BEL Valves
- FITOK Group
- Flocontrol
Highlights of The Deep Sea 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:
- Ball Valve
- Butterfly Valves
- Spanner Valve
- Others
- By Application:
- Oil Industry
- Gas Industry
- 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 Deep Sea 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
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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?
Deep sea valves are used to control the flow of oil and gas from wells.
Some of the major players in the deep sea valves market are Flowserve, Schlumberger, Oliver Valves, Alco Valves, BEL Valves, FITOK Group, Flocontrol.
The deep sea valves market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deep Sea 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 Deep Sea Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deep Sea 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 Deep Sea 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 Deep Sea Valves Market Size & Forecast, 2018-2028
4.5.1 Deep Sea Valves Market Size and Y-o-Y Growth
4.5.2 Deep Sea Valves Market Absolute $ Opportunity
Chapter 5 Global Deep Sea 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 Deep Sea Valves Market Size Forecast by Type
5.2.1 Ball Valve
5.2.2 Butterfly Valves
5.2.3 Spanner Valve
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Deep Sea 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 Deep Sea Valves Market Size Forecast by Applications
6.2.1 Oil Industry
6.2.2 Gas Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deep Sea 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 Deep Sea 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 Deep Sea Valves Analysis and Forecast
9.1 Introduction
9.2 North America Deep Sea 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 Deep Sea Valves Market Size Forecast by Type
9.6.1 Ball Valve
9.6.2 Butterfly Valves
9.6.3 Spanner Valve
9.6.4 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 Deep Sea Valves Market Size Forecast by Applications
9.10.1 Oil Industry
9.10.2 Gas Industry
9.10.3 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 Deep Sea Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Deep Sea 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 Deep Sea Valves Market Size Forecast by Type
10.6.1 Ball Valve
10.6.2 Butterfly Valves
10.6.3 Spanner Valve
10.6.4 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 Deep Sea Valves Market Size Forecast by Applications
10.10.1 Oil Industry
10.10.2 Gas Industry
10.10.3 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 Deep Sea Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Deep Sea 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 Deep Sea Valves Market Size Forecast by Type
11.6.1 Ball Valve
11.6.2 Butterfly Valves
11.6.3 Spanner Valve
11.6.4 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 Deep Sea Valves Market Size Forecast by Applications
11.10.1 Oil Industry
11.10.2 Gas Industry
11.10.3 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 Deep Sea Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Deep Sea 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 Deep Sea Valves Market Size Forecast by Type
12.6.1 Ball Valve
12.6.2 Butterfly Valves
12.6.3 Spanner Valve
12.6.4 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 Deep Sea Valves Market Size Forecast by Applications
12.10.1 Oil Industry
12.10.2 Gas Industry
12.10.3 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) Deep Sea Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Deep Sea 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) Deep Sea Valves Market Size Forecast by Type
13.6.1 Ball Valve
13.6.2 Butterfly Valves
13.6.3 Spanner Valve
13.6.4 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) Deep Sea Valves Market Size Forecast by Applications
13.10.1 Oil Industry
13.10.2 Gas Industry
13.10.3 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 Deep Sea Valves Market: Competitive Dashboard
14.2 Global Deep Sea Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flowserve
14.3.2 Schlumberger
14.3.3 Oliver Valves
14.3.4 Alco Valves
14.3.5 BEL Valves
14.3.6 FITOK Group
14.3.7 Flocontrol
