Market Overview:
The global high pressure check valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high pressure check valves in various applications such as power plants, petrifaction, petroleum and others. In addition, the growing demand for high pressure check valves from emerging economies such as Asia Pacific and Latin America is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. Based on type, carbon steel segment is expected to hold a major share of the global high pressure check valves market during 2018-2030 owing to its low cost and easy availability compared with other types of materials used in manufacturing these valves.
Product Definition:
A High Pressure Check Valve is a type of check valve that is specifically designed to handle high pressures. It is important for high pressure check valves to be able to handle the high pressures, as this allows them to be used in applications where a lot of pressure is present.
Carbon Steel:
Carbon steel is a form of iron alloy containing carbon and other metals, such as silicon, nickel, and chromium. The product finds application in various end-use industries including oil & gas (pipeline construction), automotive industry (automotive components), chemical processing industry (chemical plant piping systems & industrial valves), energy sector (energy pipeline construction) and water treatment plants.
Stainless Steel:
Stainless steel is a type of alloy which consists of iron, chromium, nickel and other metals. It has various beneficial properties such as corrosion resistance, high strength and ductility. The product is widely used in food processing equipment due to its non-corrosive nature. It can withstand harsh conditions such as high pressure and temperature environment without getting affected thereby increasing the life span of the instrument.
Application Insights:
High pressure check valves are used in a variety of applications including power plants, petrifaction, petroleum, chemical industry and others. High pressure carbon steel type is the most widely used material for manufacturing these valves as they offer good flow characteristics with low loss and can take high pressures without being damaged. The product demand in the chemical industry is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its use in handling highly corrosive fluids with minimal risk of leaks or accidents.
The demand for these products has witnessed significant growth over the past few years owing to their usage in numerous industries including oil & gas.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for a share of more than 30%. The region is expected to dominate the global high pressure check valves market over the forecast period. Europe has been witnessing increasing demand for HPCV from several major end-use sectors, such as power generation, petrochemical, and others.
The U.K., Germany, France are some of the major countries that have witnessed increased demand for HPCV owing to stringent regulations by various regulatory bodies regarding water management coupled with rising need to prevent any leakage of gas or oil during transportation process. North America is also likely to witness significant growth over the coming years due to growing number of exploration activities in shale plays across U.S.
Growth Factors:
- Increasing demand for high pressure check valves from oil & gas industry to meet the stringent safety and quality requirements
- Rising investments in pipeline infrastructure projects across the globe
- Growing popularity of high pressure check valves in chemical processing and other industries
- Technological advancements that have led to the development of more reliable and efficient high pressure check valves
- Stringent government regulations mandating the use of high pressure check valves in various process industries
Scope Of The Report
Report Attributes
Report Details
Report Title
High Pressure Check Valves Market Research Report
By Type
Carbon Steel, Stainless Steel
By Application
Power Plant, Petrifaction, Petroleum, Others
By Companies
Harwood Engineering, Danfoss, Hy-Lok, Refrigera
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global High Pressure Check Valves Market Report Segments:
The global High Pressure Check Valves market is segmented on the basis of:
Types
Carbon Steel, Stainless Steel
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
Power Plant, Petrifaction, Petroleum, 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:
- Harwood Engineering
- Danfoss
- Hy-Lok
- Refrigera
Highlights of The High Pressure Check 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:
- Carbon Steel
- Stainless Steel
- By Application:
- Power Plant
- Petrifaction
- Petroleum
- 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 High Pressure Check 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?
High pressure check valves are used to prevent the escape of high-pressure gas or fluid. They are also known as blowoff valves, relief valves, and safety relief valves.
Some of the major companies in the high pressure check valves market are Harwood Engineering, Danfoss, Hy-Lok, Refrigera.
The high pressure check 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 High Pressure Check 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 High Pressure Check Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Pressure Check 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 High Pressure Check 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 High Pressure Check Valves Market Size & Forecast, 2018-2028
4.5.1 High Pressure Check Valves Market Size and Y-o-Y Growth
4.5.2 High Pressure Check Valves Market Absolute $ Opportunity
Chapter 5 Global High Pressure Check 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 High Pressure Check Valves Market Size Forecast by Type
5.2.1 Carbon Steel
5.2.2 Stainless Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Pressure Check 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 High Pressure Check Valves Market Size Forecast by Applications
6.2.1 Power Plant
6.2.2 Petrifaction
6.2.3 Petroleum
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Pressure Check 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 High Pressure Check 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 High Pressure Check Valves Analysis and Forecast
9.1 Introduction
9.2 North America High Pressure Check 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 High Pressure Check Valves Market Size Forecast by Type
9.6.1 Carbon Steel
9.6.2 Stainless Steel
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 High Pressure Check Valves Market Size Forecast by Applications
9.10.1 Power Plant
9.10.2 Petrifaction
9.10.3 Petroleum
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 High Pressure Check Valves Analysis and Forecast
10.1 Introduction
10.2 Europe High Pressure Check 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 High Pressure Check Valves Market Size Forecast by Type
10.6.1 Carbon Steel
10.6.2 Stainless Steel
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 High Pressure Check Valves Market Size Forecast by Applications
10.10.1 Power Plant
10.10.2 Petrifaction
10.10.3 Petroleum
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 High Pressure Check Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Pressure Check 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 High Pressure Check Valves Market Size Forecast by Type
11.6.1 Carbon Steel
11.6.2 Stainless Steel
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 High Pressure Check Valves Market Size Forecast by Applications
11.10.1 Power Plant
11.10.2 Petrifaction
11.10.3 Petroleum
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 High Pressure Check Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America High Pressure Check 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 High Pressure Check Valves Market Size Forecast by Type
12.6.1 Carbon Steel
12.6.2 Stainless Steel
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 High Pressure Check Valves Market Size Forecast by Applications
12.10.1 Power Plant
12.10.2 Petrifaction
12.10.3 Petroleum
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) High Pressure Check Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Pressure Check 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) High Pressure Check Valves Market Size Forecast by Type
13.6.1 Carbon Steel
13.6.2 Stainless Steel
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) High Pressure Check Valves Market Size Forecast by Applications
13.10.1 Power Plant
13.10.2 Petrifaction
13.10.3 Petroleum
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 High Pressure Check Valves Market: Competitive Dashboard
14.2 Global High Pressure Check Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Harwood Engineering
14.3.2 Danfoss
14.3.3 Hy-Lok
14.3.4 Refrigera
