Market Overview:
The global stainless steel control 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 stainless steel control valves in various applications, such as power generation, oil & gas, chemical industry, semiconductor & electronics manufacturing, wastewater management and others. In addition, the growing industrialization and urbanization in developing countries are also contributing to the growth of this market.
Product Definition:
A stainless steel control valve is a valve that is used to regulate the flow of a fluid. They are often made from stainless steel because it is resistant to corrosion and has a high strength-to-weight ratio. Stainless steel control valves are important because they allow for the regulation of fluids in many different applications.
Ball Control Valves:
Ball control valves are used to regulate the flow of a fluid in an open and closed position. They can be operated manually or automatically depending on the application. The demand for ball control valves is expected to witness significant growth over the forecast period owing to their increasing usage in offshore applications, chemical industry, power generation plants and food & beverage sector among others.
Butterfly Control Valves:
Butterfly control valves are used in the stainless steel control valve market. It is a device that helps to regulate and monitor the flow of fluids through it with no need for manual operation.
Application Insights:
The power generation segment dominated the global stainless steel control valves market in 2017 and is expected to witness significant growth over the forecast period. The product is widely used in power plants, coal plants, gas turbines, wind farms and other energy projects owing to its characteristics such as durability and high pressure resistance.
In terms of revenue, the oil & gas industry was second only to power generation in 2017. The industry requires a large number of these products due to their use in processes such as crude oil production along with various others that require a high level of automation for increased productivity at lower costs. In addition, these products are also used within petrochemical industries for process safety management along with providing reliable service during maintenance operations while reducing operating costs significantly over the long term.
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 several emerging economies, including China, India, and Japan. These countries are experiencing strong economic growth owing to rapid industrialization and urbanization. Growing population has led to increased demand for food products; oil & gas; energy products such as electricity and fuel; consumer goods such as automobiles, refrigerators, washing machines; along with construction materials such as steel pipes for building construction purposes. This trend is projected to drive the stainless steel control valves market in Asia Pacific over the forecast period.
Growth Factors:
- Increasing demand from process industries: The process industries are the key consumers of stainless steel control valves. The growth in the process industries is expected to drive the demand for stainless steel control valves in the coming years.
- Growing popularity of smart valves: Smart valves are gaining popularity due to their ability to provide real-time information about the status of a valve and its performance. This is expected to boost the demand for stainless steel control valves in the coming years.
- Rising investments in oil & gas sector: The oil & gas sector is witnessing rising investments, which is likely to spur growth in the demand for stainless steel control valves over the next few years.
- Growing infrastructure development activities: Infrastructure development activities are increasing worldwide, which is leading to an increase in investment by governments and private players alike into various sectors such as transportation, energy, and water & wastewater treatment plants etc., thereby driving growth prospects for Stainless Steel Control Valves market during forecast period 2017-2025 . 5) Technological advancements: Advancements taking place across different industry verticals are resulting in new applications of Stainless Steel Control Valves products therein; this will further fuel market expansion during forecast period 2017-2025
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Control Valves Market Research Report
By Type
Ball Control Valves, Butterfly Control Valves, Cryogenic Control Valves, Globe Control Valves, Others
By Application
Power Generation, Oil & Gas, Chemical Industry, Semiconductor & Electronics Manufacturing, Wastewater Management, Others
By Companies
Emerson Electric, Flowserve Corporation, Metso Corporation, Pentair, General Electric, Samson, Crane, IMI, Velan, Swagelok, Armstrong International, Christian Burkert, Cameron International Corporation, CIRCOR International
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Control Valves Market Report Segments:
The global Stainless Steel Control Valves market is segmented on the basis of:
Types
Ball Control Valves, Butterfly Control Valves, Cryogenic Control Valves, Globe Control Valves, 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
Power Generation, Oil & Gas, Chemical Industry, Semiconductor & Electronics Manufacturing, Wastewater Management, 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:
- Emerson Electric
- Flowserve Corporation
- Metso Corporation
- Pentair
- General Electric
- Samson
- Crane
- IMI
- Velan
- Swagelok
- Armstrong International
- Christian Burkert
- Cameron International Corporation
- CIRCOR International
Highlights of The Stainless Steel Control 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:
- Ball Control Valves
- Butterfly Control Valves
- Cryogenic Control Valves
- Globe Control Valves
- Others
- By Application:
- Power Generation
- Oil & Gas
- Chemical Industry
- Semiconductor & Electronics Manufacturing
- Wastewater Management
- 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 Stainless Steel Control 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
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- 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?
Stainless steel control valves are used in industrial and commercial applications to control the flow of liquids, gases, or steam. They are made from a variety of materials, including stainless steel and brass.
Some of the major players in the stainless steel control valves market are Emerson Electric, Flowserve Corporation, Metso Corporation, Pentair, General Electric, Samson, Crane, IMI, Velan, Swagelok, Armstrong International, Christian Burkert, Cameron International Corporation, CIRCOR International.
The stainless steel control 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 Stainless Steel Control 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 Stainless Steel Control Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stainless Steel Control 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 Stainless Steel Control 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 Stainless Steel Control Valves Market Size & Forecast, 2018-2028
4.5.1 Stainless Steel Control Valves Market Size and Y-o-Y Growth
4.5.2 Stainless Steel Control Valves Market Absolute $ Opportunity
Chapter 5 Global Stainless Steel Control 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 Stainless Steel Control Valves Market Size Forecast by Type
5.2.1 Ball Control Valves
5.2.2 Butterfly Control Valves
5.2.3 Cryogenic Control Valves
5.2.4 Globe Control Valves
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stainless Steel Control 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 Stainless Steel Control Valves Market Size Forecast by Applications
6.2.1 Power Generation
6.2.2 Oil & Gas
6.2.3 Chemical Industry
6.2.4 Semiconductor & Electronics Manufacturing
6.2.5 Wastewater Management
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stainless Steel Control 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 Stainless Steel Control 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 Stainless Steel Control Valves Analysis and Forecast
9.1 Introduction
9.2 North America Stainless Steel Control 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 Stainless Steel Control Valves Market Size Forecast by Type
9.6.1 Ball Control Valves
9.6.2 Butterfly Control Valves
9.6.3 Cryogenic Control Valves
9.6.4 Globe Control Valves
9.6.5 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 Stainless Steel Control Valves Market Size Forecast by Applications
9.10.1 Power Generation
9.10.2 Oil & Gas
9.10.3 Chemical Industry
9.10.4 Semiconductor & Electronics Manufacturing
9.10.5 Wastewater Management
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 Stainless Steel Control Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Stainless Steel Control 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 Stainless Steel Control Valves Market Size Forecast by Type
10.6.1 Ball Control Valves
10.6.2 Butterfly Control Valves
10.6.3 Cryogenic Control Valves
10.6.4 Globe Control Valves
10.6.5 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 Stainless Steel Control Valves Market Size Forecast by Applications
10.10.1 Power Generation
10.10.2 Oil & Gas
10.10.3 Chemical Industry
10.10.4 Semiconductor & Electronics Manufacturing
10.10.5 Wastewater Management
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 Stainless Steel Control Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stainless Steel Control 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 Stainless Steel Control Valves Market Size Forecast by Type
11.6.1 Ball Control Valves
11.6.2 Butterfly Control Valves
11.6.3 Cryogenic Control Valves
11.6.4 Globe Control Valves
11.6.5 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 Stainless Steel Control Valves Market Size Forecast by Applications
11.10.1 Power Generation
11.10.2 Oil & Gas
11.10.3 Chemical Industry
11.10.4 Semiconductor & Electronics Manufacturing
11.10.5 Wastewater Management
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 Stainless Steel Control Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Stainless Steel Control 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 Stainless Steel Control Valves Market Size Forecast by Type
12.6.1 Ball Control Valves
12.6.2 Butterfly Control Valves
12.6.3 Cryogenic Control Valves
12.6.4 Globe Control Valves
12.6.5 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 Stainless Steel Control Valves Market Size Forecast by Applications
12.10.1 Power Generation
12.10.2 Oil & Gas
12.10.3 Chemical Industry
12.10.4 Semiconductor & Electronics Manufacturing
12.10.5 Wastewater Management
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) Stainless Steel Control Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stainless Steel Control 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) Stainless Steel Control Valves Market Size Forecast by Type
13.6.1 Ball Control Valves
13.6.2 Butterfly Control Valves
13.6.3 Cryogenic Control Valves
13.6.4 Globe Control Valves
13.6.5 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) Stainless Steel Control Valves Market Size Forecast by Applications
13.10.1 Power Generation
13.10.2 Oil & Gas
13.10.3 Chemical Industry
13.10.4 Semiconductor & Electronics Manufacturing
13.10.5 Wastewater Management
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 Stainless Steel Control Valves Market: Competitive Dashboard
14.2 Global Stainless Steel Control Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson Electric
14.3.2 Flowserve Corporation
14.3.3 Metso Corporation
14.3.4 Pentair
14.3.5 General Electric
14.3.6 Samson
14.3.7 Crane
14.3.8 IMI
14.3.9 Velan
14.3.10 Swagelok
14.3.11 Armstrong International
14.3.12 Christian Burkert
14.3.13 Cameron International Corporation
14.3.14 CIRCOR International
