Market Overview:
The global flue check valve 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 flue check valves in residential and commercial applications. In addition, the growing awareness about fire prevention among consumers is also contributing to the growth of this market. The global flue check valve market can be segmented on the basis of type into plastic flue check valves, stainless steel flue check valves, and fire prevention flue check valves. The plastic fluecheck valve segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018to 2030 owing to its low cost and easy installation.
Product Definition:
A flue check valve is a type of valve used to prevent the backflow of fluid in a piping system. The valve is positioned after pumps and other devices that can create a vacuum, and it allows fluid to flow in only one direction. This prevents the suction from the pump or device from reversing flow and drawing fluid or air into the system.
Plastic Flue Check Valve:
Plastic Flue Check Valve Market Size, Share & Trends Analysis Report By Application (Power Generation, Oil & Gas), By Region (North America, Europe), And Segment Forecasts, 2019 - 2025 -> The global plastic flue check valve market size was valued at USD 89.8 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2019 to 2025.
Stainless Steel Flue Check Valve:
A stainless steel flue check valve is a device used in coal-fired power plants for controlling the flow of combustion air into the boiler. It is installed between the combustion air intake pipe and boiler, to prevent backflow of gases.
Stainless steel flue check valves are used where high temperature and pressure conditions are encountered.
Application Insights:
Commercial application segment accounted for the largest share of over 70.0% in 2017. The growing construction and mining industries are expected to drive demand for commercial buildings, thereby increasing product demand in the commercial sector. Flue check valves are used in various applications including residential and commercial sectors as they offer benefits such as ease of installation, maintenance & repair operations, cost-effectiveness along with excellent performance under pressure situations.
The residential sector is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising housing needs across countries including China, India and the U.S., which is likely to propel market growth over the forecast period (see table below). In addition, favorable government policies regarding energy conservation will also boost industry growth over the coming years (see table below).
Regional Analysis:
North America dominated the global market in 2017 owing to growing concerns regarding carbon monoxide poisoning. The region is expected to maintain its dominance over the forecast period, with a few countries such as Canada and Mexico experiencing growth. Increasing demand for energy due to rising population and rapid urbanization in these countries is likely to drive the regional product demand.
The Asia Pacific market was valued at USD X million in 2017 and is expected to witness significant growth over the forecast period owing to increasing industrialization across various economies including China, India, Japan, South Korea & Taiwan. In addition, rising construction activities are also anticipated fuel product demand from residential as well as commercial sectors of these economies on account of increased infrastructure spending by governments coupled with robust economic growth that has resulted into increased disposable income which will further boost consumerism thereby driving industry expansionary trends observed during recent pasts recession-free economic cycles characterized by high GDP Growth rates).
Growth Factors:
- Increasing demand for flue check valves in the oil and gas industry as a result of stringent safety regulations
- Growing popularity of check valves as a means to prevent backflow and improve system efficiency
- Rising demand for automated valve systems in industrial and commercial applications
- Technological advancements that have led to the development of more reliable and durable check valves
- The increasing use of renewable energy sources, such as solar and wind power, which require specialized valve solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Flue Check Valve Market Research Report
By Type
Plastic Flue Check Valve, Stainless Steel Flue Check Valve, Fire Prevention Flue Check Valve
By Application
Residential, Commercial
By Companies
Wanju Technology, Centrotherm, Shanghai MLD Valve Co., Ltd., Submarine, GUCIS, TURLEE
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Flue Check Valve Market Report Segments:
The global Flue Check Valve market is segmented on the basis of:
Types
Plastic Flue Check Valve, Stainless Steel Flue Check Valve, Fire Prevention Flue Check Valve
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
Residential, Commercial
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:
- Wanju Technology
- Centrotherm
- Shanghai MLD Valve Co., Ltd.
- Submarine
- GUCIS
- TURLEE
Highlights of The Flue Check Valve 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:
- Plastic Flue Check Valve
- Stainless Steel Flue Check Valve
- Fire Prevention Flue Check Valve
- By Application:
- Residential
- Commercial
- 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 Flue Check Valve 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?
A flue check valve is a device used to prevent the escape of smoke and fumes from a chimney. It is typically installed in the flue of a fireplace or stove, and it allows air to flow into the chimney while preventing smoke and flames from escaping.
Some of the key players operating in the flue check valve market are Wanju Technology, Centrotherm, Shanghai MLD Valve Co., Ltd., Submarine, GUCIS, TURLEE.
The flue check valve 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 Flue Check Valve 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 Flue Check Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flue Check Valve 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 Flue Check Valve 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 Flue Check Valve Market Size & Forecast, 2020-2028
4.5.1 Flue Check Valve Market Size and Y-o-Y Growth
4.5.2 Flue Check Valve 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 Plastic Flue Check Valve
5.2.2 Stainless Steel Flue Check Valve
5.2.3 Fire Prevention Flue Check Valve
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 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flue Check Valve 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 Flue Check Valve 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 Plastic Flue Check Valve
9.6.2 Stainless Steel Flue Check Valve
9.6.3 Fire Prevention Flue Check Valve
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 Residential
9.10.2 Commercial
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 Plastic Flue Check Valve
10.6.2 Stainless Steel Flue Check Valve
10.6.3 Fire Prevention Flue Check Valve
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 Residential
10.10.2 Commercial
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 Plastic Flue Check Valve
11.6.2 Stainless Steel Flue Check Valve
11.6.3 Fire Prevention Flue Check Valve
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 Residential
11.10.2 Commercial
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 Plastic Flue Check Valve
12.6.2 Stainless Steel Flue Check Valve
12.6.3 Fire Prevention Flue Check Valve
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 Residential
12.10.2 Commercial
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 Plastic Flue Check Valve
13.6.2 Stainless Steel Flue Check Valve
13.6.3 Fire Prevention Flue Check Valve
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 Residential
13.10.2 Commercial
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 Flue Check Valve Market: Competitive Dashboard
14.2 Global Flue Check Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wanju Technology
14.3.2 Centrotherm
14.3.3 Shanghai MLD Valve Co., Ltd.
14.3.4 Submarine
14.3.5 GUCIS
14.3.6 TURLEE
