Market Overview:
The global industrial valve 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 industrial valves from various end-use industries, such as oil & gas, chemical, water treatment, power plants and paper & pulp. In addition, the growing demand for smart valves is also contributing to the growth of the global industrial valve market. Based on type, gate valves accounted for the largest share of the global industrial valve market in 2017. Globe valves are expected to grow at a higher CAGR than other types during 2018-2030 owing to their ability to handle high pressure and temperature fluctuations without any damage.
Product Definition:
An industrial valve is a device used to control or stop the flow of liquids, gases and powders in pipelines. It is important because it can help regulate the flow of these materials, which helps maintain safe and efficient operations in factories and other industrial settings.
Gate:
The gate is a small semiconductor device used in industrial valves to restrict the flow of fluid through the valve. It works as an on-off switch for liquids and gases. The growth factor for this market is that it has become very easy to manufacture these gates using simple technologies, which have reduced costs and complexities significantly.
Globe:
Globe and it's usage in Industrial Valve market is used to control the flow of fluid through a valve. It is basically an opening and closing device that can be made out of solid, liquid or gaseous material. The basic function of globe and it’s derivatives is to allow controlled flow from one point to another by controlling the size, shape, position or type of opening at either end.
Application Insights:
The oil & gas application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for crude oil from emerging economies such as China, India and Brazil. These countries are focusing on expanding their production capacity at a rapid pace which is expected to augment industrial valves market growth over the coming years.
The water treatment application segment was valued at USD 1,252.5 million in 2017 owing to high usage of flapper valves with respect to water filtration applications across various industries globally including food & beverage, chemical and pulp & paper among others. Moreover, rising awareness regarding access to safe drinking water supplies coupled with stringent government regulations concerning this issue are further anticipated to propel its demand in near future.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest economies, such as China, India, Japan and South Korea. These countries are involved in a number of industrial activities that require valves for processing various materials at large scale. Moreover, these countries have a strong presence of valve manufacturing companies that have been outsourcing their production activities to emerging economies in Asia Pacific region owing to low labor costs associated with valve production processes.
The Middle East & Africa market was valued at USD X million in 2017 and is projected to grow at an estimated CAGR of XX% from 2018 To 2030 owing high growth rates observed across key end-use industries such as oil & gas; water treatment; power plants; petrochemicals etc.
Growth Factors:
- Increasing demand from the oil and gas industry
- Growing investments in infrastructure development
- Rising demand for energy-efficient valves
- Proliferation of smart factories and IIoT
- Growing popularity of modular valve systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Valve Market Research Report
By Type
Gate, Globe, Ball, buffer, Plug, Others
By Application
Oil & Gas, Chemical, Water Treatment, Power Plants, Paper & Pulp, Others
By Companies
Anvil, Barksdale, Cameron, CRANE, Crane, Crane Nuclear, Emerson, Flowserve, Ham-Let, ITT Engineered, Anvil, KSB, SPX Flow, The AVK, Velan, Watts Water
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Valve Market Report Segments:
The global Industrial Valve market is segmented on the basis of:
Types
Gate, Globe, Ball, buffer, Plug, Others
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, Water Treatment, Power Plants, Paper & Pulp, 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:
- Anvil
- Barksdale
- Cameron
- CRANE
- Crane
- Crane Nuclear
- Emerson
- Flowserve
- Ham-Let
- ITT Engineered
- Anvil
- KSB
- SPX Flow
- The AVK
- Velan
- Watts Water
Highlights of The Industrial 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:
- Gate
- Globe
- Ball
- buffer
- Plug
- Others
- By Application:
- Oil & Gas
- Chemical
- Water Treatment
- Power Plants
- Paper & Pulp
- 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 Industrial 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?
Industrial valves are used in industrial settings to control the flow of liquids, gases, or other fluid substances. They can be found in a variety of applications including oil and gas production, water treatment plants, chemical plants, and food processing facilities.
Some of the major companies in the industrial valve market are Anvil, Barksdale, Cameron, CRANE, Crane, Crane Nuclear, Emerson, Flowserve, Ham-Let, ITT Engineered, Anvil, KSB, SPX Flow, The AVK, Velan, Watts Water.
The industrial 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 Industrial 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 Industrial Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial 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 Industrial 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 Industrial Valve Market Size & Forecast, 2020-2028
4.5.1 Industrial Valve Market Size and Y-o-Y Growth
4.5.2 Industrial 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 Gate
5.2.2 Globe
5.2.3 Ball
5.2.4 buffer
5.2.5 Plug
5.2.6 Others
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
6.2.3 Water Treatment
6.2.4 Power Plants
6.2.5 Paper & Pulp
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial 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 Industrial 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 Gate
9.6.2 Globe
9.6.3 Ball
9.6.4 buffer
9.6.5 Plug
9.6.6 Others
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
9.10.3 Water Treatment
9.10.4 Power Plants
9.10.5 Paper & Pulp
9.10.6 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 Gate
10.6.2 Globe
10.6.3 Ball
10.6.4 buffer
10.6.5 Plug
10.6.6 Others
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
10.10.3 Water Treatment
10.10.4 Power Plants
10.10.5 Paper & Pulp
10.10.6 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 Gate
11.6.2 Globe
11.6.3 Ball
11.6.4 buffer
11.6.5 Plug
11.6.6 Others
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
11.10.3 Water Treatment
11.10.4 Power Plants
11.10.5 Paper & Pulp
11.10.6 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 Gate
12.6.2 Globe
12.6.3 Ball
12.6.4 buffer
12.6.5 Plug
12.6.6 Others
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
12.10.3 Water Treatment
12.10.4 Power Plants
12.10.5 Paper & Pulp
12.10.6 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 Gate
13.6.2 Globe
13.6.3 Ball
13.6.4 buffer
13.6.5 Plug
13.6.6 Others
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
13.10.3 Water Treatment
13.10.4 Power Plants
13.10.5 Paper & Pulp
13.10.6 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 Industrial Valve Market: Competitive Dashboard
14.2 Global Industrial Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Anvil
14.3.2 Barksdale
14.3.3 Cameron
14.3.4 CRANE
14.3.5 Crane
14.3.6 Crane Nuclear
14.3.7 Emerson
14.3.8 Flowserve
14.3.9 Ham-Let
14.3.10 ITT Engineered
14.3.11 Anvil
14.3.12 KSB
14.3.13 SPX Flow
14.3.14 The AVK
14.3.15 Velan
14.3.16 Watts Water
