Market Overview:
The global high-pressure valves 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 high-pressure valves from various end-use industries, such as power plants, oil and gas, chemical industry, petrochemical industry, paper industry, sugar industry and steel industry. In addition, the growing demand for high-pressure valves in emerging economies is also contributing to the growth of this market. On the basis of type, the global high-pressure valves market can be segmented into 20K psi (kilopascal), 30K psi (kilopascal), 40K psi (kilopascal), 60K psi (kilopascal) and other types. Among these types, 30 Kpsi segment is expected to witness highest growth during the forecast period owing to its wide usage across various end-use industries. On the basis of application type; power plants accounted for majority share in 2017 and it is projected that it will maintain its dominance throughoutthe forecast period due To Increasing Demand For Electricity Globally . However ,Oil And Gas Segment Is Expected To Witness Highest Growth Over The Forecast Period Owing To Rising Demand For Energy From Emerging Economies Such As China And India .
Product Definition:
High-pressure valves are used to control and direct the flow of high-pressure fluids. They are typically made from brass or stainless steel and have a variety of ports, or inlets and outlets, to accommodate different types of fluid flow. High-pressure valves are important because they allow operators to control the pressure and direction of high-pressure fluids, which can be used in a variety of industrial applications.
20,000 psi:
20,000 psi (pounds per square inch) is a unit of pressure. The normal atmospheric pressure is around 14.7 pounds per square inch gauge (psig). High-pressure valves are used in various industries such as chemical, oil & gas and power generation for controlling and monitoring processes at high pressures and temperatures. They are also used in the aerospace industry to control fuel flow rates in aircraft engines.
30,000 psi:
30,000 psi (pounds per square inch) is the pressure rating of a standard high-pressure valve. High-pressure valves are used in applications where high flow rate and/or pressure is required such as fire protection water supply systems, chemical feed systems, oil & gas wellhead injection control and process control system etc.
Application Insights:
Based on the application, the global market has been segmented into power plants, oil and gas, chemical industry, petrochemical industry, paper industry and sugar industry. The power plants application segment accounted for a major share in 2017 owing to its usage in coal-fired as well as gas-fired power plants. Increasing demand for electricity generation is also expected to drive this application over the forecast period.
The oil and gas sector is anticipated to register a significant CAGR of XX% from 2018 to 2030 due largelyto increasing production levels of crude oil & natural gas liquids (NGL) along with growing demand for transportation services across various regions coupled with rising investments by companies operating in this sector such as StatoilHydro ASAandPetroleum Geo Services Ltd among others are expected to propel product demand over the forecast period.
Regional Analysis:
Europe was the largest regional market in 2017 and accounted for a share of over 30%. The region is expected to dominate the global industry over the forecast period. Europe has been witnessing increasing demand for high-pressure valves from several major industries, such as power generation, oil and gas, petrochemical, chemical processing and paper.
The European Commission (EC) has implemented numerous initiatives to boost industrial growth in Europe. For instance, EC Directive 2010/75/EU institutes favorable conditions for investment through subsidies or other means by providing tax benefits that are equivalent to direct investments in new equipment with a total value of more than €0.5 million per company size category (€1 million per enterprise). Such government support is anticipated to augment product demand across various end-use sectors over the coming years.
Growth Factors:
- Increasing demand for high-pressure valves from the oil & gas industry as a result of increasing exploration and production activities
- Rising demand for high-pressure valves from the chemical processing industry due to growth in end-user industries such as pharmaceuticals, agrochemicals, and food & beverages
- Growing popularity of hydraulic fracturing or fracking that requires use of high-pressure valves
- Technological advancements in valve design and manufacturing that have led to development of new types of high-pressure valves
- Stringent government regulations mandating use of safety devices such as pressure relief valves in various process industries
Scope Of The Report
Report Attributes
Report Details
Report Title
High-pressure Valves Market Research Report
By Type
20,000 psi, 30,000 psi, 40,000 psi, 60,000 psi, Other
By Application
Power Plants, Oil and Gas, Chemical Industry, Petrochemical Industry, Paper Industry, Sugar Industry, Steel Industry, Others
By Companies
Danfoss, Ingersoll-Rand, Graco, Parker Hannifin, Emerson, Forbes Marshall, Nordson, The Weir Group, GCE Group, Nutech, Danfoss, PHP, URACA
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global High-pressure Valves Market Report Segments:
The global High-pressure Valves market is segmented on the basis of:
Types
20,000 psi, 30,000 psi, 40,000 psi, 60,000 psi, Other
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 Plants, Oil and Gas, Chemical Industry, Petrochemical Industry, Paper Industry, Sugar Industry, Steel 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:
- Danfoss
- Ingersoll-Rand
- Graco
- Parker Hannifin
- Emerson
- Forbes Marshall
- Nordson
- The Weir Group
- GCE Group
- Nutech
- Danfoss
- PHP
- URACA
Highlights of The High-pressure 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:
- 20,000 psi
- 30,000 psi
- 40,000 psi
- 60,000 psi
- Other
- By Application:
- Power Plants
- Oil and Gas
- Chemical Industry
- Petrochemical Industry
- Paper Industry
- Sugar Industry
- Steel 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 High-pressure 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.
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- Correctly Positioning New Products
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- Consumer Insights
- Understanding Competition Scenario
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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?
High-pressure valves are used in industrial and commercial settings to control the flow of fluids. They are also known as pressure relief valves, high-pressure shutoff valves, or blowout preventers.
Some of the major companies in the high-pressure valves market are Danfoss, Ingersoll-Rand, Graco, Parker Hannifin, Emerson, Forbes Marshall, Nordson, The Weir Group, GCE Group, Nutech, Danfoss, PHP, URACA.
The high-pressure 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 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 Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-pressure 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 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 Valves Market Size & Forecast, 2020-2028
4.5.1 High-pressure Valves Market Size and Y-o-Y Growth
4.5.2 High-pressure 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 20
5.2.2 000 psi
5.2.3 30
5.2.4 000 psi
5.2.5 40
5.2.6 000 psi
5.2.7 60
5.2.8 000 psi
5.2.9 Other
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 Power Plants
6.2.2 Oil and Gas
6.2.3 Chemical Industry
6.2.4 Petrochemical Industry
6.2.5 Paper Industry
6.2.6 Sugar Industry
6.2.7 Steel Industry
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-pressure 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 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 20
9.6.2 000 psi
9.6.3 30
9.6.4 000 psi
9.6.5 40
9.6.6 000 psi
9.6.7 60
9.6.8 000 psi
9.6.9 Other
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 Power Plants
9.10.2 Oil and Gas
9.10.3 Chemical Industry
9.10.4 Petrochemical Industry
9.10.5 Paper Industry
9.10.6 Sugar Industry
9.10.7 Steel Industry
9.10.8 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 20
10.6.2 000 psi
10.6.3 30
10.6.4 000 psi
10.6.5 40
10.6.6 000 psi
10.6.7 60
10.6.8 000 psi
10.6.9 Other
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 Power Plants
10.10.2 Oil and Gas
10.10.3 Chemical Industry
10.10.4 Petrochemical Industry
10.10.5 Paper Industry
10.10.6 Sugar Industry
10.10.7 Steel Industry
10.10.8 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 20
11.6.2 000 psi
11.6.3 30
11.6.4 000 psi
11.6.5 40
11.6.6 000 psi
11.6.7 60
11.6.8 000 psi
11.6.9 Other
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 Power Plants
11.10.2 Oil and Gas
11.10.3 Chemical Industry
11.10.4 Petrochemical Industry
11.10.5 Paper Industry
11.10.6 Sugar Industry
11.10.7 Steel Industry
11.10.8 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 20
12.6.2 000 psi
12.6.3 30
12.6.4 000 psi
12.6.5 40
12.6.6 000 psi
12.6.7 60
12.6.8 000 psi
12.6.9 Other
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 Power Plants
12.10.2 Oil and Gas
12.10.3 Chemical Industry
12.10.4 Petrochemical Industry
12.10.5 Paper Industry
12.10.6 Sugar Industry
12.10.7 Steel Industry
12.10.8 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 20
13.6.2 000 psi
13.6.3 30
13.6.4 000 psi
13.6.5 40
13.6.6 000 psi
13.6.7 60
13.6.8 000 psi
13.6.9 Other
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 Power Plants
13.10.2 Oil and Gas
13.10.3 Chemical Industry
13.10.4 Petrochemical Industry
13.10.5 Paper Industry
13.10.6 Sugar Industry
13.10.7 Steel Industry
13.10.8 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 Valves Market: Competitive Dashboard
14.2 Global High-pressure Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danfoss
14.3.2 Ingersoll-Rand
14.3.3 Graco
14.3.4 Parker Hannifin
14.3.5 Emerson
14.3.6 Forbes Marshall
14.3.7 Nordson
14.3.8 The Weir Group
14.3.9 GCE Group
14.3.10 Nutech
14.3.11 Danfoss
14.3.12 PHP
14.3.13 URACA
