Market Overview:
The global hot blast 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 hot blast valves from various end-use industries, such as steel, cement, and others. In addition, the growing demand for energy-efficient and environment-friendly technologies is also contributing to the growth of this market. Based on type, the global hot blast valves market can be segmented into hand chain drive, hydraulic chain drive, and electric chain drive. Of these segments, hand chain drive is expected to dominate the global market during the forecast period owing to its low cost and easy installation process.
Product Definition:
Hot blast valves are used to control the flow of hot blast in a blast furnace. They are important because they allow the furnace to be operated at a consistent temperature and help to maintain the quality of the iron that is produced.
Hand Chain Drive:
Hand chain drive is a mechanical system used to transmit power from one point to another without the help of any kind of transmission. The hand chain drives are mostly used in valve operation and it’s majorly applied in two-way valves, which can be switched between open and closed positions. In this process, hand chain drives use a link mechanism made up of many small chains or ropes connected at various points along its length.
Hydraulic Chain Drive:
The hydraulic chain drive is a device used to transmit the motion of a piston or an impeller to another component. It is mainly used in valves, which are operated by the action of fluids. The basic components involved in HCDR include transmission mechanism, housing, diaphragm (if applicable), and check valve (if applicable).
In hot blast valves market there are two major types of applications namely upstream and downstream application.
Application Insights:
The external combustion type hot blast stove segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for efficient cooking equipment in developing countries, such as China, India and Brazil. These countries are witnessing rapid urbanization along with rising per capita income levels which has resulted in an increased demand for advanced technology cooking equipment, thereby driving the market growth over the forecast period.
Internal combustion type hot blast stoves segment is expected to witness significant growth during the forecast period owing to its low cost as well as easy installation procedures compared with other types of hot blast stoves.
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 industrialization, especially in China and India. Rapid urbanization coupled with increasing population has led to an increase in housing construction activities, which is further anticipated to drive industry expansion over the next eight years.
The growing number of manufacturing facilities along with stringent government regulations on pollution emission control limits are expected to drive product demand across Europe during the forecast period. In addition, technological advancements such as smart sensors that can be integrated into hot blast valves for remote monitoring are projected to boost their demand across various applications during the same period.
North America accounted for a significant share of revenue owing to high penetration rates of electric chain driven hot blast stoves coupled with favorable climatic conditions such as moderate winters.
Growth Factors:
- Increasing demand for valves in oil and gas industry
- Rising investments in infrastructure development
- Growing popularity of smart valves
- Proliferation of the Internet of Things (IoT) across industries
- Emergence of Industry 4.0
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Blast Valves Market Research Report
By Type
Hand Chain Drive, Hydraulic Chain Drive, Electric Chain Drive
By Application
External Combustion Type Hot Blast Stove, Internal Combustion Type Hot Blast Stove, Top-fired Hot Blast Stove
By Companies
VCL, Kurimoto, Ltd., Z&J Technologies GmbH, Tieling Bowang Valve Co., Ltd., Shilin Metallurgical Equipment Co., Ltd., Qinghuangdao Qinye Heavy Industry, Yosmite Engineering, Guocheng Valve, Liangjing Group, Zhejiang RGVC, Zhejiang Yubei Shuangjin Valve Co., Ltd., Shanghai High Pressure Value, Shandong Antai Value
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hot Blast Valves Market Report Segments:
The global Hot Blast Valves market is segmented on the basis of:
Types
Hand Chain Drive, Hydraulic Chain Drive, Electric Chain Drive
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
External Combustion Type Hot Blast Stove, Internal Combustion Type Hot Blast Stove, Top-fired Hot Blast Stove
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:
- VCL
- Kurimoto, Ltd.
- Z&J Technologies GmbH
- Tieling Bowang Valve Co., Ltd.
- Shilin Metallurgical Equipment Co., Ltd.
- Qinghuangdao Qinye Heavy Industry
- Yosmite Engineering
- Guocheng Valve
- Liangjing Group
- Zhejiang RGVC
- Zhejiang Yubei Shuangjin Valve Co., Ltd.
- Shanghai High Pressure Value
- Shandong Antai Value
Highlights of The Hot Blast 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:
- Hand Chain Drive
- Hydraulic Chain Drive
- Electric Chain Drive
- By Application:
- External Combustion Type Hot Blast Stove
- Internal Combustion Type Hot Blast Stove
- Top-fired Hot Blast Stove
- 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 Hot Blast 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.
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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?
Hot blast valves are used in industrial processes to control the release of steam, hot gas, or other gases.
Some of the major players in the hot blast valves market are VCL, Kurimoto, Ltd., Z&J Technologies GmbH, Tieling Bowang Valve Co., Ltd., Shilin Metallurgical Equipment Co., Ltd., Qinghuangdao Qinye Heavy Industry, Yosmite Engineering, Guocheng Valve, Liangjing Group, Zhejiang RGVC, Zhejiang Yubei Shuangjin Valve Co., Ltd., Shanghai High Pressure Value, Shandong Antai Value.
The hot blast valves market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hot Blast Valves Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hot Blast Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hot Blast Valves Market - Supply Chain
4.5. Global Hot Blast Valves Market Forecast
4.5.1. Hot Blast Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hot Blast Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hot Blast Valves Market Absolute $ Opportunity
5. Global Hot Blast Valves Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hot Blast Valves Market Size and Volume Forecast by Type
5.3.1. Hand Chain Drive
5.3.2. Hydraulic Chain Drive
5.3.3. Electric Chain Drive
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hot Blast Valves Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hot Blast Valves Market Size and Volume Forecast by Application
6.3.1. External Combustion Type Hot Blast Stove
6.3.2. Internal Combustion Type Hot Blast Stove
6.3.3. Top-fired Hot Blast Stove
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hot Blast Valves Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hot Blast Valves Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hot Blast Valves Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hot Blast Valves Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hot Blast Valves Demand Share Forecast, 2019-2026
9. North America Hot Blast Valves Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hot Blast Valves Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hot Blast Valves Market Size and Volume Forecast by Application
9.4.1. External Combustion Type Hot Blast Stove
9.4.2. Internal Combustion Type Hot Blast Stove
9.4.3. Top-fired Hot Blast Stove
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hot Blast Valves Market Size and Volume Forecast by Type
9.7.1. Hand Chain Drive
9.7.2. Hydraulic Chain Drive
9.7.3. Electric Chain Drive
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hot Blast Valves Demand Share Forecast, 2019-2026
10. Latin America Hot Blast Valves Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hot Blast Valves Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hot Blast Valves Market Size and Volume Forecast by Application
10.4.1. External Combustion Type Hot Blast Stove
10.4.2. Internal Combustion Type Hot Blast Stove
10.4.3. Top-fired Hot Blast Stove
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hot Blast Valves Market Size and Volume Forecast by Type
10.7.1. Hand Chain Drive
10.7.2. Hydraulic Chain Drive
10.7.3. Electric Chain Drive
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hot Blast Valves Demand Share Forecast, 2019-2026
11. Europe Hot Blast Valves Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hot Blast Valves Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hot Blast Valves Market Size and Volume Forecast by Application
11.4.1. External Combustion Type Hot Blast Stove
11.4.2. Internal Combustion Type Hot Blast Stove
11.4.3. Top-fired Hot Blast Stove
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hot Blast Valves Market Size and Volume Forecast by Type
11.7.1. Hand Chain Drive
11.7.2. Hydraulic Chain Drive
11.7.3. Electric Chain Drive
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hot Blast Valves Demand Share, 2019-2026
12. Asia Pacific Hot Blast Valves Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hot Blast Valves Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hot Blast Valves Market Size and Volume Forecast by Application
12.4.1. External Combustion Type Hot Blast Stove
12.4.2. Internal Combustion Type Hot Blast Stove
12.4.3. Top-fired Hot Blast Stove
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hot Blast Valves Market Size and Volume Forecast by Type
12.7.1. Hand Chain Drive
12.7.2. Hydraulic Chain Drive
12.7.3. Electric Chain Drive
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hot Blast Valves Demand Share, 2019-2026
13. Middle East & Africa Hot Blast Valves Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hot Blast Valves Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hot Blast Valves Market Size and Volume Forecast by Application
13.4.1. External Combustion Type Hot Blast Stove
13.4.2. Internal Combustion Type Hot Blast Stove
13.4.3. Top-fired Hot Blast Stove
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hot Blast Valves Market Size and Volume Forecast by Type
13.7.1. Hand Chain Drive
13.7.2. Hydraulic Chain Drive
13.7.3. Electric Chain Drive
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hot Blast Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hot Blast Valves Market: Market Share Analysis
14.2. Hot Blast Valves Distributors and Customers
14.3. Hot Blast Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. VCL
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kurimoto, Ltd.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Z&J Technologies GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tieling Bowang Valve Co., Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shilin Metallurgical Equipment Co., Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qinghuangdao Qinye Heavy Industry
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yosmite Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guocheng Valve
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Liangjing Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Zhejiang RGVC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zhejiang Yubei Shuangjin Valve Co., Ltd.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai High Pressure Value
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shandong Antai Value
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
