Market Overview:
The global vacuum valves 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 industry, metallurgical industry, nuclear industry and others. In addition, the growing demand for ultra-high vacuum valves is also contributing to the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations may restrain the growth of this market during the forecast period. On basis of type, low vacuum valve segment is expected to hold major share in global vacuum valves market during forecast period due high adoption rate across various end-use industries.
Product Definition:
A vacuum valve is a device that allows fluid or gas to flow in one direction while preventing it from flowing in the opposite direction. This type of valve is often used in systems that require a vacuum, such as pipelines and laboratory equipment. Vacuum valves are important because they allow systems to function properly under reduced pressure conditions.
Low Vacuum Valve:
Low vacuum valve is a device that controls the flow of high vacuum through it. It is used in various applications such as filling machines, thermosiphons, and oil drilling rigs among others. The growth factor for this market is its increasing usage in food processing industry to minimize contamination risk during storage and transportation of products such as meat, vegetables & fruits by maintaining the required level of Vacuum throughout the process from farm to shelf-stable condition.
High Vacuum Valve:
High vacuum valve is a kind of vacuum valve which can open and close under high vacuum conditions. The normal atmospheric pressure is not enough to overcome the closing pressure of the valve, so it has to be operated at very high pressures. High Vacuum Valve (HV) are used in applications where normal valves would be damaged by extremely low or high vacuums.
Application Insights:
The others application segment includes aerospace, automotive and transportation, food and beverage, chemical manufacturing, pulp and paper industry. The demand for vacuum valves is expected to increase in the aforementioned industries owing to their stringent requirements regarding process control. In addition there are other applications such as oil refining where ultra-high vacuum is required due to the high temperatures of the process which requires a valve with enhanced features such as protection against overpressure and thermal shock.
Petrochemical industry accounted for more than 25% of global market share in terms of revenue in 2017 on account of its extensive use across various sectors including pharmaceuticals, paints & coatings, lubricants/waxes etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of major end-users such as petrochemical, metallurgical and chemical industries. The region is expected to witness significant growth over the forecast period on account of increasing demand for industrial valves from countries such as China, India and Japan. In addition, rising investments by foreign players in this region are anticipated to fuel market growth over the coming years.
The Middle East & Africa is also projected to exhibit a high CAGR due to rapid development taking place in its oil & gas industry especially after implementation of stringent government regulations aimed at reducing environmental pollution caused by vacuum emission. Moreover, increasing exploration activities coupled with growing need for efficient valve maintenance practices are likely drive regional product demand over the forecast period.
North America accounted for more than 20% share of overall revenue in 2017 owing both volume.
Growth Factors:
- Increasing demand for vacuum valves in various industries such as automotive, aerospace, and medical due to their properties such as low leakage and high flow rate.
- Growing popularity of vacuum technology across different applications owing to its benefits such as energy efficiency and improved product quality.
- Technological advancements in vacuum valve design that has resulted in the development of new products with enhanced performance characteristics.
- Rising demand for miniaturized valves due to the increasing trend of downsizing and lightweighting in various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Valves 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, Prius, 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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Valves Market Report Segments:
The global Vacuum Valves 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
- Prius
- TACO
Highlights of The Vacuum 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:
- 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 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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- Consumer Insights
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- Product & Brand Management
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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?
A vacuum valve is a device used to control the flow of air or gas. It is typically a small, thin piece of metal with two openings, one on the inlet side and one on the outlet side. When pressure inside the valve becomes greater than outside pressure, it opens and allows air or gas to escape.
Some of the major players in the vacuum valves market are CKD, KOGANEI, PISCO, SMC, ORION, Convum, AYUMI, FUJIKIN, YOSHITAKE, VENN, Prius, TACO.
The vacuum valves 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 Vacuum 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 Vacuum Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum 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 Vacuum 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 Vacuum Valves Market Size & Forecast, 2018-2028
4.5.1 Vacuum Valves Market Size and Y-o-Y Growth
4.5.2 Vacuum Valves Market Absolute $ Opportunity
Chapter 5 Global Vacuum 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 Vacuum Valves 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 Vacuum 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 Vacuum Valves 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 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 Vacuum 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 Vacuum Valves Analysis and Forecast
9.1 Introduction
9.2 North America Vacuum 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 Vacuum Valves 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 Vacuum Valves 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 Vacuum Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Vacuum 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 Vacuum Valves 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 Vacuum Valves 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 Vacuum Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vacuum 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 Vacuum Valves 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 Vacuum Valves 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 Vacuum Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Vacuum 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 Vacuum Valves 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 Vacuum Valves 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) Vacuum Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vacuum 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) Vacuum Valves 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) Vacuum Valves 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 Valves Market: Competitive Dashboard
14.2 Global Vacuum Valves 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 Prius
14.3.12 TACO
