Market Overview:
The global high temperature valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into 121-200℃, 201-350℃, 351-550℃ and > 550℃. On the basis of application, the market is segmented into petrochemical industry, chemical industry and others. The North America region dominates the global high temperature valves market in terms of revenue share followed by Europe and Asia Pacific respectively in 2017.
Product Definition:
A high-temperature valve is a type of valve that can withstand high temperatures without failing. These valves are used in applications where the temperature exceeds the normal operating range of standard valves. High-temperature valves are typically made from materials that can withstand higher temperatures, such as stainless steel or brass.
121 to 200℃:
The global high temperature valves market is expected to grow at a significant rate over the forecast period. The growth of this industry can be attributed to rising demand for HTVs in industrial processes and equipment. These products are widely used in process industries such as petrochemical, oil & gas, power generation, mining & metals and chemical processing owing to their benefits such as cost-effectiveness compared with other conventional solutions available in the market.
201 to 350℃:
The temperature range from 200 to 350 is known as the warm temperature range or low-temperature range. The reason for this name is that the air or gas at these temperatures usually has a uniform density and does not contain much energy. The typical example of such a situation would be an air compressor which operates at 100 Psi (pressure) and 25 degrees Celsius.
Application Insights:
Petrochemical emerged as the dominant application segment in 2017 and accounted for a revenue share of over 40%. The growth can be attributed to the increasing demand for petroleum products, particularly gasoline and diesel, across the globe. Furthermore, high temperature valves are used in petrochemical plants for controlling process flow or handling emergencies.
Chemical industry is expected to emerge as another lucrative application segment during the forecast period owing to factors such as growing chemical production capacities across various countries including China, India & South Korea and Brazil on account of increasing demand from end-use industries such as automotive & transportation and energy generation. Increasing utilization of specialty chemicals at a domestic level coupled with industrial applications is anticipated to augment market growth over the coming years. Other applications include power generation industries along with oil & gas refineries where HVACs are utilized for controlling processes or handling emergencies respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as chemical and petrochemical. China is projected to remain a key consumer in this region owing to its large population and rapid industrialization. Moreover, India’s chemical industry has witnessed significant growth in recent years which will boost product demand further.
North America was valued at USD X million in 2017 and is estimated to grow at a CAGR of XX% during the forecast period owing to stringent government regulations regarding energy consumption coupled with rising awareness about high efficiency products among consumers.
Growth Factors:
- Increasing demand for high temperature valves from the oil and gas industry as a result of the growth in exploration and production activities
- Rising demand for high temperature valves from the chemical processing industry due to the increasing use of petrochemicals in various applications
- Growing popularity of high temperature valves in power generation plants due to their ability to withstand extreme temperatures and pressures
- Increasing investments by valve manufacturers in R&D activities to develop new products that can meet the demands of various end-use industries
- Proliferation of smart factories, which is expected to create opportunities for high temperature valve suppliers
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Valves Market Research Report
By Type
121 to 200℃, 201 to 350℃, 351 to 550℃, > 550℃
By Application
Petrochemical, Chemical Industry, Others
By Companies
SchuF, AMPO, PACIFIC, Mesto, MIAM, Luoyang Jianguang, ERREESSE, KITZ
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Valves Market Report Segments:
The global High Temperature Valves market is segmented on the basis of:
Types
121 to 200℃, 201 to 350℃, 351 to 550℃, > 550℃
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
Petrochemical, Chemical 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:
- SchuF
- AMPO
- PACIFIC
- Mesto
- MIAM
- Luoyang Jianguang
- ERREESSE
- KITZ
Highlights of The High Temperature 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:
- 121 to 200℃
- 201 to 350℃
- 351 to 550℃
- > 550℃
- By Application:
- Petrochemical
- Chemical 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 Temperature 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
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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 temperature valves are used to control the flow of hot fluids, gases, or steam. They are also known as blowoff valves, safety relief valves, or relief valve systems.
Some of the major companies in the high temperature valves market are SchuF, AMPO, PACIFIC, Mesto, MIAM, Luoyang Jianguang, ERREESSE, KITZ.
The high temperature 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 Temperature 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 Temperature Valves Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 High Temperature 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 Temperature 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 Temperature Valves Market Size & Forecast, 2020-2028 4.5.1 High Temperature Valves Market Size and Y-o-Y Growth 4.5.2 High Temperature 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
5.2.1 121 to 200℃
5.2.2 201 to 350℃
5.2.3 351 to 550℃
5.2.4 > 550℃
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 Petrochemical
6.2.2 Chemical Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Temperature 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 Temperature 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
9.6.1 121 to 200℃
9.6.2 201 to 350℃
9.6.3 351 to 550℃
9.6.4 > 550℃
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 Petrochemical
9.10.2 Chemical 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 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
10.6.1 121 to 200℃
10.6.2 201 to 350℃
10.6.3 351 to 550℃
10.6.4 > 550℃
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 Petrochemical
10.10.2 Chemical 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 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
11.6.1 121 to 200℃
11.6.2 201 to 350℃
11.6.3 351 to 550℃
11.6.4 > 550℃
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 Petrochemical
11.10.2 Chemical 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 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
12.6.1 121 to 200℃
12.6.2 201 to 350℃
12.6.3 351 to 550℃
12.6.4 > 550℃
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 Petrochemical
12.10.2 Chemical 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) 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
13.6.1 121 to 200℃
13.6.2 201 to 350℃
13.6.3 351 to 550℃
13.6.4 > 550℃
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 Petrochemical
13.10.2 Chemical 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 High Temperature Valves Market: Competitive Dashboard
14.2 Global High Temperature Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SchuF
14.3.2 AMPO
14.3.3 PACIFIC
14.3.4 Mesto
14.3.5 MIAM
14.3.6 Luoyang Jianguang
14.3.7 ERREESSE
14.3.8 KITZ