Market Overview:
The global pneumatic shut off 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 pneumatic shut off valves from various end-use industries, such as petroleum, electric power, chemical, mining and others. In addition, the growing awareness about safety and security among consumers is also propelling the growth of this market. On the basis of type, single action valves are expected to dominate the global pneumatic shut off valve market during the forecast period. This can be attributed to their low cost and easy installation as compared to double action valves.
Product Definition:
A pneumatic shutoff valve is a valve that uses compressed air to open and close it. It is used to stop the flow of air or fluid in a system.
Single Action:
Single-action or one-way valves are used to control the flow of a liquid or gas in only one direction. The most common application of single action valve is seen in water treatment plants, where it is used for controlling the pressure and directing the flow of water through pipes. It can also be termed as a gate, plug, check valve or diaphragm depending upon its type and usage.
Double Action:
Double action is a two-piece mechanism that involves a lever or handle and valve. The valve can be operated by either pressing the trigger or using the footswitch to send a signal to close both valves. It is mostly used in safety devices such as pneumatic shut-off valves, safety releases, and pressure relief valves among others.
Application Insights:
The global demand for pneumatic shut off valves has witnessed a paradigm shift owing to the growing need to conserve energy as well as reduce operating costs in several industries. The electric power application segment accounted for over 30% of the overall market share in 2017 and is expected to grow at a significant rate over the forecast period.
Petroleum was another prominent application segment accounting for close to 20% of the total market volume in 2017. Growing petroleum activities across various regions coupled with rising demand for crude oil products such as natural gas, gasoline, and diesel are anticipated to drive product demand from this sector over the forecast period. Increasing exploration activities coupled with rapid urbanization have led to increased mining operations across Latin America and Asia Pacific regions which is likely provide ample opportunities for valve manufacturing companies operating within these regions.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial activities, especially manufacturing industries. This has led to an increase in demand for pneumatic shut off valves across various sectors such as chemical, petroleum, power and others.
The growing construction industry coupled with increasing government spending on infrastructural projects is also likely to drive product demand over the forecast period. Europe was estimated as the second-largest regional market followed by North America owing to high usage of these products across several applications including water treatment, oil & gas industries and electric power sector among others.
Growth Factors:
- Increasing demand for pneumatic shut off valves from the oil and gas industry as a result of the growth in exploration and production activities
- Rising demand for pneumatic shut off valves from the chemical processing industry due to the increasing use of process control systems in these industries
- Growing popularity of pneumatically operated equipment across various industrial sectors
- Technological advancements that have led to the development of more reliable and efficient pneumatic shut off valves
- The increasing number of stringent environmental regulations governing emissions and effluents that is driving investments in process control systems, which is benefitting the overall market for pneumatic shut off valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Pneumatic Shut Off Valve Market Research Report
By Type
Single Action, Double Action
By Application
Petroleum, Electric Power, Chemical, Mining, Others
By Companies
Eige Fluid Technology (Zhejiang) Co., LTD, Yongjia Mingke Valve Co., LTD, Shanghai Datian Valve and Pipeline Engineering Co., LTD, Shanghai Xiongong Valve Co., LTD, Shanghai Juliang solenoid Valve Manufacturing Co., LTD, Zhejiang Shige Fluid Technology Co., LTD, Honeywell International Inc, BCST, Aignep, Roda Deaco Valve, Ltd, Special Equipment - Lučko, Wellgreen, Flows.com, Hydrastar Limited
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
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Pneumatic Shut Off Valve Market Report Segments:
The global Pneumatic Shut Off Valve market is segmented on the basis of:
Types
Single Action, Double Action
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
Petroleum, Electric Power, Chemical, Mining, 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:
- Eige Fluid Technology (Zhejiang) Co., LTD
- Yongjia Mingke Valve Co., LTD
- Shanghai Datian Valve and Pipeline Engineering Co., LTD
- Shanghai Xiongong Valve Co., LTD
- Shanghai Juliang solenoid Valve Manufacturing Co., LTD
- Zhejiang Shige Fluid Technology Co., LTD
- Honeywell International Inc
- BCST
- Aignep
- Roda Deaco Valve, Ltd
- Special Equipment - Lučko
- Wellgreen
- Flows.com
- Hydrastar Limited
Highlights of The Pneumatic Shut Off 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:
- Single Action
- Double Action
- By Application:
- Petroleum
- Electric Power
- Chemical
- Mining
- 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 Pneumatic Shut Off 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 pneumatic shut off valve is a device used to turn off or stop the flow of air in a system. It is typically found on pipelines, valves, and other components that may be subject to high pressure or temperature. When activated, the valve closes off the flow of air and prevents damage from occurring.
Some of the key players operating in the pneumatic shut off valve market are Eige Fluid Technology (Zhejiang) Co., LTD, Yongjia Mingke Valve Co., LTD, Shanghai Datian Valve and Pipeline Engineering Co., LTD, Shanghai Xiongong Valve Co., LTD, Shanghai Juliang solenoid Valve Manufacturing Co., LTD, Zhejiang Shige Fluid Technology Co., LTD, Honeywell International Inc, BCST, Aignep, Roda Deaco Valve, Ltd, Special Equipment - LuÄko, Wellgreen, Flows.com, Hydrastar Limited.
The pneumatic shut off 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 Pneumatic Shut Off 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 Pneumatic Shut Off Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pneumatic Shut Off 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 Pneumatic Shut Off 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 Pneumatic Shut Off Valve Market Size & Forecast, 2018-2028
4.5.1 Pneumatic Shut Off Valve Market Size and Y-o-Y Growth
4.5.2 Pneumatic Shut Off Valve Market Absolute $ Opportunity
Chapter 5 Global Pneumatic Shut Off Valve 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 Pneumatic Shut Off Valve Market Size Forecast by Type
5.2.1 Single Action
5.2.2 Double Action
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pneumatic Shut Off Valve 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 Pneumatic Shut Off Valve Market Size Forecast by Applications
6.2.1 Petroleum
6.2.2 Electric Power
6.2.3 Chemical
6.2.4 Mining
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pneumatic Shut Off 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 Pneumatic Shut Off 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 Pneumatic Shut Off Valve Analysis and Forecast
9.1 Introduction
9.2 North America Pneumatic Shut Off Valve 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 Pneumatic Shut Off Valve Market Size Forecast by Type
9.6.1 Single Action
9.6.2 Double Action
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 Pneumatic Shut Off Valve Market Size Forecast by Applications
9.10.1 Petroleum
9.10.2 Electric Power
9.10.3 Chemical
9.10.4 Mining
9.10.5 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 Pneumatic Shut Off Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Pneumatic Shut Off Valve 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 Pneumatic Shut Off Valve Market Size Forecast by Type
10.6.1 Single Action
10.6.2 Double Action
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 Pneumatic Shut Off Valve Market Size Forecast by Applications
10.10.1 Petroleum
10.10.2 Electric Power
10.10.3 Chemical
10.10.4 Mining
10.10.5 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 Pneumatic Shut Off Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pneumatic Shut Off Valve 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 Pneumatic Shut Off Valve Market Size Forecast by Type
11.6.1 Single Action
11.6.2 Double Action
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 Pneumatic Shut Off Valve Market Size Forecast by Applications
11.10.1 Petroleum
11.10.2 Electric Power
11.10.3 Chemical
11.10.4 Mining
11.10.5 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 Pneumatic Shut Off Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Pneumatic Shut Off Valve 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 Pneumatic Shut Off Valve Market Size Forecast by Type
12.6.1 Single Action
12.6.2 Double Action
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 Pneumatic Shut Off Valve Market Size Forecast by Applications
12.10.1 Petroleum
12.10.2 Electric Power
12.10.3 Chemical
12.10.4 Mining
12.10.5 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) Pneumatic Shut Off Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pneumatic Shut Off Valve 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) Pneumatic Shut Off Valve Market Size Forecast by Type
13.6.1 Single Action
13.6.2 Double Action
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) Pneumatic Shut Off Valve Market Size Forecast by Applications
13.10.1 Petroleum
13.10.2 Electric Power
13.10.3 Chemical
13.10.4 Mining
13.10.5 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 Pneumatic Shut Off Valve Market: Competitive Dashboard
14.2 Global Pneumatic Shut Off Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eige Fluid Technology (Zhejiang) Co., LTD
14.3.2 Yongjia Mingke Valve Co., LTD
14.3.3 Shanghai Datian Valve and Pipeline Engineering Co., LTD
14.3.4 Shanghai Xiongong Valve Co., LTD
14.3.5 Shanghai Juliang solenoid Valve Manufacturing Co., LTD
14.3.6 Zhejiang Shige Fluid Technology Co., LTD
14.3.7 Honeywell International Inc
14.3.8 BCST
14.3.9 Aignep
14.3.10 Roda Deaco Valve, Ltd
14.3.11 Special Equipment – Lučko
14.3.12 Wellgreen
14.3.13 Flows.com
14.3.14 Hydrastar Limited
