Market Overview:
The global vacuum 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 the market can be attributed to the increasing demand for vacuum valves from various end-use industries, such as petrochemical, metallurgical and nuclear industries. In addition, the growing demand for ultra-high vacuum valves is also contributing to the growth of this market. Based on type, low vacuum valves accounted for a major share of the global vacuum shut-off valve market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high demand from various end-use industries across different regions worldwide. High Vacuum Valves are expected witness highest growth rate over next decade owing rising application areas in semiconductor fabrication and analytical instruments industry across globe .On basis if Application , Petrochemical Industry held lion’s share in terms revenue generated by Global Vacuum Shut –Off Valve Market followed Metallurgical Industry .
Product Definition:
A vacuum shut-off valve is a device used to stop the flow of fluid in a piping system. The importance of a vacuum shut-off valve is that it can be used to prevent the loss of fluid in a system, which can protect against damage to equipment or personnel.
Low Vacuum Valve:
The low vacuum valve is a device that controls the flow of high-pressure gases in a closed system. It is used to reduce the pressure inside the system and thus avoids damage to sensitive components. The growing demand for automation in industries such as oil & gas, chemical, food & beverage and power generation has led to an increased usage of low vacuum valves across these industries.
High Vacuum Valve:
High vacuum valve is a kind of Vacuum control valve which can open and close to allow high vacuum to pass through. It’s main function is to prevent the flow of high vacuum when the pressure in the system falls below its setpoint.
Application Insights:
The others application segment includes food & beverage, chemical, pharmaceutical and oil & gas industries. The demand for VVVs in these sectors is anticipated to witness growth owing to the rising number of manufacturing units in these industries. In addition, the growing use of VVVs for process isolation is expected to drive their demand over the forecast period.
Petrochemical industry accounted for a major share in 2016 and this trend is expected to continue over the forecast period as they are used across multiple processes including crude oil refining, natural gas processing and petroleum production such as drilling mud circulation services among others. Furthermore, ultra-high vacuum valves are used across multiple applications including LPG processing plants along with other industrial gases such as H2O2 or nitrogen among others which require low pressure environments.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-users such as chemical, metallurgical and others. China is one of the largest consumers of vacuum equipment owing to high demand from various industries such as food & beverage, pharmaceuticals, chemicals and others.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to rapid development in several countries including Saudi Arabia, UAE and Egypt among other countries. Increasing investments by foreign companies coupled with favorable government policies are some factors responsible for promoting industrialization across this region which will further drive product demand in near future.
Growth Factors:
- Increasing demand for vacuum shut-off valves in the oil and gas industry as a result of the rise in exploration and production activities
- Growing popularity of vacuum shut-off valves in chemical processing industries owing to their ability to handle corrosive fluids
- Rising demand for vacuum shut-off valves from food and beverage processing industries due to stringent hygiene regulations
- Increasing adoption of vacuum shut-off valves across various end-use applications such as automotive, aerospace, and medical sectors
- Technological advancements that have led to the development of more efficient and reliable vacuum shut-off valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Shut-Off Valve Market Research Report
By Type
Low Vacuum Valve, High Vacuum Valve, Ultra-high Vacuum Valve
By Application
Petrochemical Industry, Metallurgical Industry, Nuclear Industry, Others
By Companies
CKD, KOGANEI, PISCO, SMC, ORION, Convum, AYUMI, FUJIKIN, YOSHITAKE, VENN, CKD, TACO
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Shut-Off Valve Market Report Segments:
The global Vacuum Shut-Off Valve market is segmented on the basis of:
Types
Low Vacuum Valve, High Vacuum Valve, Ultra-high Vacuum Valve
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 Industry, Metallurgical Industry, Nuclear 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:
- CKD
- KOGANEI
- PISCO
- SMC
- ORION
- Convum
- AYUMI
- FUJIKIN
- YOSHITAKE
- VENN
- CKD
- TACO
Highlights of The Vacuum 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:
- Low Vacuum Valve
- High Vacuum Valve
- Ultra-high Vacuum Valve
- By Application:
- Petrochemical Industry
- Metallurgical Industry
- Nuclear 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 Vacuum 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 vacuum shut-off valve is a safety device used on pipelines to prevent the release of hazardous gases or liquids in the event of a rupture. When activated, the valve shuts off the flow of gas or liquid until it can be properly inspected and closed.
Some of the major players in the vacuum shut-off valve market are CKD, KOGANEI, PISCO, SMC, ORION, Convum, AYUMI, FUJIKIN, YOSHITAKE, VENN, CKD, TACO.
The vacuum shut-off valve 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 Vacuum 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 Vacuum Shut-Off Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum 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 Vacuum 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 Vacuum Shut-Off Valve Market Size & Forecast, 2020-2028
4.5.1 Vacuum Shut-Off Valve Market Size and Y-o-Y Growth
4.5.2 Vacuum Shut-Off 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 Low Vacuum Valve
5.2.2 High Vacuum Valve
5.2.3 Ultra-high Vacuum Valve
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 Industry
6.2.2 Metallurgical Industry
6.2.3 Nuclear Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum 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 Vacuum 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 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 Low Vacuum Valve
9.6.2 High Vacuum Valve
9.6.3 Ultra-high Vacuum Valve
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 Industry
9.10.2 Metallurgical Industry
9.10.3 Nuclear Industry
9.10.4 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 Low Vacuum Valve
10.6.2 High Vacuum Valve
10.6.3 Ultra-high Vacuum Valve
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 Industry
10.10.2 Metallurgical Industry
10.10.3 Nuclear Industry
10.10.4 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 Low Vacuum Valve
11.6.2 High Vacuum Valve
11.6.3 Ultra-high Vacuum Valve
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 Industry
11.10.2 Metallurgical Industry
11.10.3 Nuclear Industry
11.10.4 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 Low Vacuum Valve
12.6.2 High Vacuum Valve
12.6.3 Ultra-high Vacuum Valve
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 Industry
12.10.2 Metallurgical Industry
12.10.3 Nuclear Industry
12.10.4 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 Low Vacuum Valve
13.6.2 High Vacuum Valve
13.6.3 Ultra-high Vacuum Valve
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 Industry
13.10.2 Metallurgical Industry
13.10.3 Nuclear Industry
13.10.4 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 Vacuum Shut-Off Valve Market: Competitive Dashboard
14.2 Global Vacuum Shut-Off Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CKD
14.3.2 KOGANEI
14.3.3 PISCO
14.3.4 SMC
14.3.5 ORION
14.3.6 Convum
14.3.7 AYUMI
14.3.8 FUJIKIN
14.3.9 YOSHITAKE
14.3.10 VENN
14.3.11 CKD
14.3.12 TACO
