Market Overview:
The global double block and bleed valves market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil & gas, chemical industry, power industry, and other applications across the globe. In terms of type, the full bore segment is expected to hold a major share of the global double block and bleed valves market during the forecast period. This can be attributed to its ability to offer high flow rates as compared with reduced bore valves.
Product Definition:
Double block and bleed valves are a type of valve used in piping systems that allows for the separation of two sections of pipe by closing off one section while allowing the other to remain open. This is done by using two valves, each with its own actuator, in series. The primary benefit of double block and bleed valves is that they can be used to isolate a system for maintenance or repair without having to shut down the entire system.
Full Bore:
Full bore is a term used to define the largest size of pipe that can be laid in a horizontal or vertical direction without any restrictions. The full-size of the bore is measured in terms of inside diameter (ID) and outside diameter (OD). Full bores are generally found in water and wastewater treatment plants, natural gas processing plants, oil refineries, underground mining applications such as tunnels & chambers, and large diameter pipes for irrigation purposes.
Reduced Bore:
The reduced bore is a smaller sized pipe that is fitted inside the larger piping system. The reduced bores are used in various applications such as bleeder valves, safety relief valves, and double block and bleed valves. The main function of these reduced bores is to reduce the pressure loss that occurs when there’s a restriction in the line or circuit.
Application Insights:
The oil & gas industry dominated the global double block and bleed valves market in terms of revenue share in 2017. The high demand for crude oil and natural gas from various end-use industries is expected to drive the segment growth over the forecast period. Technological advancements, rising exploration activities, and increasing capital investments are further anticipated to boost product demand.
Global double block.
Chemical industry was one of the prominent applications that accounted for a significant market share in 2017 owing to its growing requirement for handling hazardous chemicals with utmost safety without any accidents or leaksages during transportation or storage of these chemicals. This has led manufacturers across different regions into developing advanced products with enhanced features such as pressure resistance up to 1 atmosphere absolute (ATA) along with Class 1 Division 2 Groups A & B liquids according to IP 54 protection standard which ensures safe operation even at elevated temperatures.
Regional Analysis:
Asia Pacific dominated the global double block and bleed valves market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for oil & gas, chemical industry, power industry products in emerging economies such as China and India. In addition, rising infrastructural development activities are also anticipated to drive product demand over the next eight years.
The North America market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing high product adoption rate for use with shale reserves across U S due primarily hydraulic fracturing or fracking operations used horizontal drilling technology coupled with advanced software that can identify optimal wellbores for maximum production rates of natural gas liquids (NGLs).
Growth Factors:
- Increasing demand for double block and bleed valves in the oil and gas industry as a result of the growth in exploration and production activities
- Rising demand for double block and bleed valves from process industries due to the increasing adoption of these valves for controlling fugitive emissions
- Growing popularity of double block and bleed valves in power generation applications, owing to their ability to prevent fluid leakage during start-up or shutdown operations
- Proliferation of smart factories that are equipped with advanced process control systems, which is expected to boost the demand for double block and bleed valves over the forecast period
- Technological advancements that have led to the development of high-performance double block and bleed valves, thereby widening their application scope
Scope Of The Report
Report Attributes
Report Details
Report Title
Double Block and Bleed Valves Market Research Report
By Type
Full Bore, Reduced Bore
By Application
Oil & Gas, Chemical Industry, Power Industry, Others
By Companies
Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin, Swagelok, Hy-Lok, DK-Lok, Haskel, Alco Valves (Graco), Sabre, Western Valve, PBM Valve, Control Seal, Colson
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Double Block and Bleed Valves Market Report Segments:
The global Double Block and Bleed Valves market is segmented on the basis of:
Types
Full Bore, Reduced Bore
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 & Gas, Chemical Industry, Power 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:
- Cameron
- CIRCOR
- Bonney Forge
- AS-Schneider
- Oliver Valves
- Valbart (Flowserve)
- L&T Valves
- Parker Hannifin
- Swagelok
- Hy-Lok
- DK-Lok
- Haskel
- Alco Valves (Graco)
- Sabre
- Western Valve
- PBM Valve
- Control Seal
- Colson
Highlights of The Double Block and Bleed 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:
- Full Bore
- Reduced Bore
- By Application:
- Oil & Gas
- Chemical Industry
- Power 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 Double Block and Bleed 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 block and bleed valves are used to control the flow of fluid in a pipeline. When the valve is open, fluid can flow freely through it. However, when the valve is closed, pressure builds up inside the pipeline and prevents any more fluid from flowing. The double block and bleed valves allow excess pressure to escape slowly by bleeding off some of the liquid content until there's enough room for more liquid to flow through the valve.
Some of the major companies in the double block and bleed valves market are Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin, Swagelok, Hy-Lok, DK-Lok, Haskel, Alco Valves (Graco), Sabre, Western Valve, PBM Valve, Control Seal, Colson.
The double block and bleed 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 Double Block and Bleed 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 Double Block and Bleed Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Double Block and Bleed 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 Double Block and Bleed 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 Double Block and Bleed Valves Market Size & Forecast, 2020-2028
4.5.1 Double Block and Bleed Valves Market Size and Y-o-Y Growth
4.5.2 Double Block and Bleed 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 Full Bore
5.2.2 Reduced Bore
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 Oil & Gas
6.2.2 Chemical Industry
6.2.3 Power Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Double Block and Bleed 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 Double Block and Bleed 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 Full Bore
9.6.2 Reduced Bore
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 Oil & Gas
9.10.2 Chemical Industry
9.10.3 Power Industry
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 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 Full Bore
10.6.2 Reduced Bore
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 Oil & Gas
10.10.2 Chemical Industry
10.10.3 Power Industry
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 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 Full Bore
11.6.2 Reduced Bore
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 Oil & Gas
11.10.2 Chemical Industry
11.10.3 Power Industry
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 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 Full Bore
12.6.2 Reduced Bore
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 Oil & Gas
12.10.2 Chemical Industry
12.10.3 Power Industry
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) 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 Full Bore
13.6.2 Reduced Bore
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 Oil & Gas
13.10.2 Chemical Industry
13.10.3 Power Industry
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 Double Block and Bleed Valves Market: Competitive Dashboard
14.2 Global Double Block and Bleed Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cameron
14.3.2 CIRCOR
14.3.3 Bonney Forge
14.3.4 AS-Schneider
14.3.5 Oliver Valves
14.3.6 Valbart (Flowserve)
14.3.7 L&T Valves
14.3.8 Parker Hannifin
14.3.9 Swagelok
14.3.10 Hy-Lok
14.3.11 DK-Lok
14.3.12 Haskel
14.3.13 Alco Valves (Graco)
14.3.14 Sabre
14.3.15 Western Valve
14.3.16 PBM Valve
14.3.17 Control Seal
14.3.18 Colson
