Market Overview:
The global industrial cartridge 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 industrial cartridge valves from various end-use industries, such as construction machinery, material handling equipment, agricultural machinery, and others. In addition, the growing demand for screw-in cartridge valves and slip-in cartridge valves is also contributing to the growth of this market.
Product Definition:
A cartridge valve is a valve that uses an expendable cartridge to control the flow of fluid. The cartridge is inserted into the body of the valve and contains one or more seats that seal against an inlet and outlet port in the body. When the cartridge is pressed against these ports, it opens or closes them, allowing or preventing fluid flow.
Screw-in Cartridge Valve:
Screw-in cartridge valve is a type of valve that is installed in the closed position and can be operated by turning it clockwise or counterclockwise. The body of the screw-in cartridge consists of a stem, which has an attached port or nozzle at its end. This port can be connected to either liquid or gas flow.
Slip-in Cartridge Valve:
Slip-in cartridge valve is a type of valve that has an elastomeric diaphragm installed, which allows it to be installed in tight spaces. It is mainly used in industrial and municipal water treatment plants, chemical processing industries, food & beverage industry and pharmaceutical industries among others. The demand for these valves is expected to witness significant growth over the forecast period owing to their ability of delivering high flow rates with less pressure drop characteristics as compared to conventional ball valves.
Application Insights:
The construction machinery segment led the global industry and accounted for more than 30.0% share of the total revenue in 2017. The growth can be attributed to increasing infrastructure spending in emerging economies such as China, India, and Brazil on account of rapid industrialization, which is likely to augment demand for construction equipment over the forecast period.
In addition, growing urbanization along with rising population across various regions is expected to boost product demand from 2018 to 2030. For instance, according to United Nations (UN), there were nearly 6.7 billion humans on Earth at mid-2017 and it is estimated that by 2050 this number will reach 9.7 billion or up by around 60%.
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 strong economic growth on account of rapid industrialization and urbanization. Furthermore, rising disposable income coupled with expanding infrastructure sector in emerging economies such as China, India, Indonesia, Vietnam and Thailand are anticipated to drive demand for industrial valves over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high product adoption across various industries including food & beverage processing equipment; chemical processing equipment; pharmaceuticals & healthcare products; water treatment chemicals manufacturing machinery etc. In addition Europe also accounts for majority of shares within other application segments such as construction machinery which includes material handling equipment used during construction activities or agricultural machineries that include pumpsets used during farming activities etc.; hence contributing significantly towards overall regional market growth.
Growth Factors:
- Increasing demand from the oil and gas industry for industrial cartridge valves is expected to drive the market growth.
- Growing investments in the chemical processing and water treatment industries are also anticipated to fuel market growth over the forecast period.
- Rising demand for automation in various industrial processes is projected to boost the market growth during the forecast period.
- Technological advancements in valve design and manufacturing are expected to provide opportunities for market growth over the next few years. 5) Growing concerns regarding energy conservation is likely to create new opportunities for industrial cartridge valves manufacturers in near future
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Cartridge Valves Market Research Report
By Type
Screw-in Cartridge Valve, Slip-in Cartridge Valve
By Application
Construction Machinery, Material Handling Equipment, Agricultural Machinery, Other
By Companies
HydraForce, Sun, Parker, Bosch-Rexroth, Eaton, Bucher, Comatrol(Danfoss), Moog, Hydac, Delta, Walvoil, Hawe, YUKEN, Taifeng, Keta, Haihong Hydraulics, Atos, Koshin Seikosho, CBF, SHLIXIN, Hoyea, HUADE
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Cartridge Valves Market Report Segments:
The global Industrial Cartridge Valves market is segmented on the basis of:
Types
Screw-in Cartridge Valve, Slip-in Cartridge 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
Construction Machinery, Material Handling Equipment, Agricultural Machinery, 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:
- HydraForce
- Sun
- Parker
- Bosch-Rexroth
- Eaton
- Bucher
- Comatrol(Danfoss)
- Moog
- Hydac
- Delta
- Walvoil
- Hawe
- YUKEN
- Taifeng
- Keta
- Haihong Hydraulics
- Atos
- Koshin Seikosho
- CBF
- SHLIXIN
- Hoyea
- HUADE
Highlights of The Industrial Cartridge 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:
- Screw-in Cartridge Valve
- Slip-in Cartridge Valve
- By Application:
- Construction Machinery
- Material Handling Equipment
- Agricultural Machinery
- 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 Industrial Cartridge 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?
Industrial cartridge valves are used in a variety of industrial applications, such as water and wastewater treatment plants, oil refineries, chemical plants and other manufacturing facilities. These valves are typically pneumatically operated and can be configured to handle a wide range of flow rates.
Some of the major companies in the industrial cartridge valves market are HydraForce, Sun, Parker, Bosch-Rexroth, Eaton, Bucher, Comatrol(Danfoss), Moog, Hydac, Delta, Walvoil, Hawe, YUKEN, Taifeng, Keta, Haihong Hydraulics, Atos, Koshin Seikosho, CBF, SHLIXIN, Hoyea, HUADE.
The industrial cartridge valves market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Cartridge 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. Industrial Cartridge Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Cartridge Valves Market - Supply Chain
4.5. Global Industrial Cartridge Valves Market Forecast
4.5.1. Industrial Cartridge Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Cartridge Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Cartridge Valves Market Absolute $ Opportunity
5. Global Industrial Cartridge 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. Industrial Cartridge Valves Market Size and Volume Forecast by Type
5.3.1. Screw-in Cartridge Valve
5.3.2. Slip-in Cartridge Valve
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Cartridge 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. Industrial Cartridge Valves Market Size and Volume Forecast by Application
6.3.1. Construction Machinery
6.3.2. Material Handling Equipment
6.3.3. Agricultural Machinery
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Cartridge 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. Industrial Cartridge 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 Industrial Cartridge 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. Industrial Cartridge 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 Industrial Cartridge Valves Demand Share Forecast, 2019-2026
9. North America Industrial Cartridge 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 Industrial Cartridge 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 Industrial Cartridge Valves Market Size and Volume Forecast by Application
9.4.1. Construction Machinery
9.4.2. Material Handling Equipment
9.4.3. Agricultural Machinery
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Cartridge Valves Market Size and Volume Forecast by Type
9.7.1. Screw-in Cartridge Valve
9.7.2. Slip-in Cartridge Valve
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 Industrial Cartridge Valves Demand Share Forecast, 2019-2026
10. Latin America Industrial Cartridge 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 Industrial Cartridge 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 Industrial Cartridge Valves Market Size and Volume Forecast by Application
10.4.1. Construction Machinery
10.4.2. Material Handling Equipment
10.4.3. Agricultural Machinery
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Cartridge Valves Market Size and Volume Forecast by Type
10.7.1. Screw-in Cartridge Valve
10.7.2. Slip-in Cartridge Valve
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 Industrial Cartridge Valves Demand Share Forecast, 2019-2026
11. Europe Industrial Cartridge 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 Industrial Cartridge 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 Industrial Cartridge Valves Market Size and Volume Forecast by Application
11.4.1. Construction Machinery
11.4.2. Material Handling Equipment
11.4.3. Agricultural Machinery
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Cartridge Valves Market Size and Volume Forecast by Type
11.7.1. Screw-in Cartridge Valve
11.7.2. Slip-in Cartridge Valve
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 Industrial Cartridge Valves Demand Share, 2019-2026
12. Asia Pacific Industrial Cartridge 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 Industrial Cartridge 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 Industrial Cartridge Valves Market Size and Volume Forecast by Application
12.4.1. Construction Machinery
12.4.2. Material Handling Equipment
12.4.3. Agricultural Machinery
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Cartridge Valves Market Size and Volume Forecast by Type
12.7.1. Screw-in Cartridge Valve
12.7.2. Slip-in Cartridge Valve
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 Industrial Cartridge Valves Demand Share, 2019-2026
13. Middle East & Africa Industrial Cartridge 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 Industrial Cartridge 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 Industrial Cartridge Valves Market Size and Volume Forecast by Application
13.4.1. Construction Machinery
13.4.2. Material Handling Equipment
13.4.3. Agricultural Machinery
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Cartridge Valves Market Size and Volume Forecast by Type
13.7.1. Screw-in Cartridge Valve
13.7.2. Slip-in Cartridge Valve
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 Industrial Cartridge Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Cartridge Valves Market: Market Share Analysis
14.2. Industrial Cartridge Valves Distributors and Customers
14.3. Industrial Cartridge Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. HydraForce
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sun
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Parker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bosch-Rexroth
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eaton
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bucher
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Comatrol(Danfoss)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Moog
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hydac
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Delta
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Walvoil
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hawe
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. YUKEN
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Taifeng
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Keta
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Haihong Hydraulics
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Atos
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Koshin Seikosho
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. CBF
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. SHLIXIN
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
