Market Overview:
The global steel and alloy casting 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 steel and alloy casting valves from various end-use industries, such as the chemical industry, energy industry, paper industry, pharmaceutical industry, food industry, and others. In addition, the growing demand for electric ON-OFF operation type of steel and alloy casting valves is also contributing to the growth of this market.
Product Definition:
Steel and alloy casting valves are important because they help control the flow of fluids through a pipe or system. They can be used to stop or start the flow of fluid, or to regulate its pressure.
Manual Operation:
Manual operation valves are used in steel and alloy casting to control the flow of liquid or gas. They are also known as manual actuation valves, handle type valve, push button valve or touch screen valve. These products have a long history of usage in several industries such as chemical processing, oil & gas and power generation among others.
Pneumatic ON-OFF Operation:
Pneumatic ON-OFF operation is a method of controlling the flow of fluid through a valve by using compressed air as an operating medium. The pneumatic system uses valves with diaphragm, check ball or diaphragmless design to operate effectively. Pneumatic valves are used in applications where positive and negative pressure actuation is required.
Application Insights:
The energy industry segment dominated the global steel and alloy casting valves market in 2017, accounting for a share of over 30.0% by revenue. The growth can be attributed to increasing demand for steel and alloy casting valves in power generation plants across the globe. In addition, growing investments in renewable energy sources such as wind turbines is expected to drive product demand over the forecast period.
In terms of revenue, chemical industry was second largest application segment behind energy industry in 2017 owing to increased utilization of specialty metals including magnesium & aluminum alloys that are used for manufacturing process equipment including heat exchangers & boilers at petrochemical plants worldwide. Furthermore, favorable government regulations regarding reduction of greenhouse gas emissions coupled with technological advancements are expected to increase industrial production globally which will further propel product demand from chemical processing industries worldwide over the forecast period.
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, Indonesia and Vietnam. Growing population coupled with increasing living standards have spurred the demand for consumer goods across these countries. This has led to a growing demand for steel products as well as valves in this region.
The Middle East & Africa was another prominent regional market that accounted for over 10% of total revenue share in 2017 owing to rising investments from foreign players looking at expanding their business operations within this region.
North America also held a significant share of global revenue due to high product adoption by end-use industries such as chemical processing and food processing facilities across U.S.
Growth Factors:
- Increasing demand for steel and alloy casting valves from the oil & gas industry as a result of increasing exploration and production activities.
- Rising demand for steel and alloy casting valves from the power generation sector due to increasing investments in new power plants.
- Growing popularity of steel and alloy casting valves in the chemical processing industry due to their superior performance characteristics over traditional valve materials such as bronze, brass, or stainless steel.
- Increasing use of steel and alloy casting valves in water treatment applications due to their ability to handle high pressure and temperature fluctuations without any degradation in performance or service life expectancy.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel and Alloy Casting Valves Market Research Report
By Type
Manual Operation, Pneumatic ON-OFF Operation, Electric ON-OFF Operation, Pneumatic Control Operation, Electric Control Operation
By Application
Chemical Industry, Energy Industry, Paper Industry, Pharmaceutical Industry, Food Industry, Other
By Companies
AZ Armaturen GmbH, Flowserve, Franklin Valve Company, Galli & Cassina, Hawa Engineers, Hitech, Horizon Polymer Engineering Pvt. Ltd., Larsen & Toubro Limited, Rasaii Flow Lines Private Ltd., Richter Pumps & Valves, Inc., Schlumberger, Trillium Flow Technologies, UNP Polyvalves
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Steel and Alloy Casting Valves Market Report Segments:
The global Steel and Alloy Casting Valves market is segmented on the basis of:
Types
Manual Operation, Pneumatic ON-OFF Operation, Electric ON-OFF Operation, Pneumatic Control Operation, Electric Control Operation
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
Chemical Industry, Energy Industry, Paper Industry, Pharmaceutical Industry, Food Industry, Other
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:
- AZ Armaturen GmbH
- Flowserve
- Franklin Valve Company
- Galli & Cassina
- Hawa Engineers
- Hitech
- Horizon Polymer Engineering Pvt. Ltd.
- Larsen & Toubro Limited
- Rasaii Flow Lines Private Ltd.
- Richter Pumps & Valves, Inc.
- Schlumberger
- Trillium Flow Technologies
- UNP Polyvalves
Highlights of The Steel and Alloy Casting 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:
- Manual Operation
- Pneumatic ON-OFF Operation
- Electric ON-OFF Operation
- Pneumatic Control Operation
- Electric Control Operation
- By Application:
- Chemical Industry
- Energy Industry
- Paper Industry
- Pharmaceutical Industry
- Food Industry
- Other
- 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 Steel and Alloy Casting 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
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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?
Steel and alloy casting valves are used in industrial processes to control the flow of liquids, gases, or powders. They are made from a variety of metals that have been melted and poured into molds to create the desired shape. The molten metal is then cooled and solidified, forming the valve.
Some of the major companies in the steel and alloy casting valves market are AZ Armaturen GmbH, Flowserve, Franklin Valve Company, Galli & Cassina, Hawa Engineers, Hitech, Horizon Polymer Engineering Pvt. Ltd., Larsen & Toubro Limited, Rasaii Flow Lines Private Ltd., Richter Pumps & Valves, Inc., Schlumberger, Trillium Flow Technologies, UNP Polyvalves.
The steel and alloy casting 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 Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Steel and Alloy Casting 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 Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Size & Forecast, 2018-2028
4.5.1 Steel and Alloy Casting Valves Market Size and Y-o-Y Growth
4.5.2 Steel and Alloy Casting Valves Market Absolute $ Opportunity
Chapter 5 Global Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Size Forecast by Type
5.2.1 Manual Operation
5.2.2 Pneumatic ON-OFF Operation
5.2.3 Electric ON-OFF Operation
5.2.4 Pneumatic Control Operation
5.2.5 Electric Control Operation
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Energy Industry
6.2.3 Paper Industry
6.2.4 Pharmaceutical Industry
6.2.5 Food Industry
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel and Alloy Casting 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 Steel and Alloy Casting 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 Steel and Alloy Casting Valves Analysis and Forecast
9.1 Introduction
9.2 North America Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Size Forecast by Type
9.6.1 Manual Operation
9.6.2 Pneumatic ON-OFF Operation
9.6.3 Electric ON-OFF Operation
9.6.4 Pneumatic Control Operation
9.6.5 Electric Control Operation
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 Steel and Alloy Casting Valves Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Energy Industry
9.10.3 Paper Industry
9.10.4 Pharmaceutical Industry
9.10.5 Food Industry
9.10.6 Other
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 Steel and Alloy Casting Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Size Forecast by Type
10.6.1 Manual Operation
10.6.2 Pneumatic ON-OFF Operation
10.6.3 Electric ON-OFF Operation
10.6.4 Pneumatic Control Operation
10.6.5 Electric Control Operation
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 Steel and Alloy Casting Valves Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Energy Industry
10.10.3 Paper Industry
10.10.4 Pharmaceutical Industry
10.10.5 Food Industry
10.10.6 Other
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 Steel and Alloy Casting Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Size Forecast by Type
11.6.1 Manual Operation
11.6.2 Pneumatic ON-OFF Operation
11.6.3 Electric ON-OFF Operation
11.6.4 Pneumatic Control Operation
11.6.5 Electric Control Operation
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 Steel and Alloy Casting Valves Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Energy Industry
11.10.3 Paper Industry
11.10.4 Pharmaceutical Industry
11.10.5 Food Industry
11.10.6 Other
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 Steel and Alloy Casting Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Steel and Alloy Casting 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 Steel and Alloy Casting Valves Market Size Forecast by Type
12.6.1 Manual Operation
12.6.2 Pneumatic ON-OFF Operation
12.6.3 Electric ON-OFF Operation
12.6.4 Pneumatic Control Operation
12.6.5 Electric Control Operation
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 Steel and Alloy Casting Valves Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Energy Industry
12.10.3 Paper Industry
12.10.4 Pharmaceutical Industry
12.10.5 Food Industry
12.10.6 Other
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) Steel and Alloy Casting Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Steel and Alloy Casting 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) Steel and Alloy Casting Valves Market Size Forecast by Type
13.6.1 Manual Operation
13.6.2 Pneumatic ON-OFF Operation
13.6.3 Electric ON-OFF Operation
13.6.4 Pneumatic Control Operation
13.6.5 Electric Control Operation
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) Steel and Alloy Casting Valves Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Energy Industry
13.10.3 Paper Industry
13.10.4 Pharmaceutical Industry
13.10.5 Food Industry
13.10.6 Other
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 Steel and Alloy Casting Valves Market: Competitive Dashboard
14.2 Global Steel and Alloy Casting Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AZ Armaturen GmbH
14.3.2 Flowserve
14.3.3 Franklin Valve Company
14.3.4 Galli & Cassina
14.3.5 Hawa Engineers
14.3.6 Hitech
14.3.7 Horizon Polymer Engineering Pvt. Ltd.
14.3.8 Larsen & Toubro Limited
14.3.9 Rasaii Flow Lines Private Ltd.
14.3.10 Richter Pumps & Valves, Inc.
14.3.11 Schlumberger
14.3.12 Trillium Flow Technologies
14.3.13 UNP Polyvalves
