Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Manual Plug Valve Market by Type (Two Way Plug Valve, Three Way Plug Valve, Four Way Plug Valve), By Application (Chemical Industry, Oil Industry, Food Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Manual Plug Valve Market by Type (Two Way Plug Valve, Three Way Plug Valve, Four Way Plug Valve), By Application (Chemical Industry, Oil Industry, Food Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 138684 3300 Machinery & Equipment 377 232 Pages 4.8 (41)
                                          

Market Overview:


The global manual plug valve 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 manual plug valves from various end-use industries, such as chemical, oil, food and others. In addition, the growing demand for energy-efficient and environment-friendly products is also contributing to the growth of this market. Based on type, the global manual plug valve market can be segmented into two way plug valves, three way plug valves and four way plugs valves. Among these segments, three way plugs valves are expected to witness highest growth during the forecast period owing to their wide applications in various industries. Based on application, the global manualplug valvemarket can be segmented into chemical industry, oil industry,, food industryand other applications. In addition,.


Global Manual Plug Valve Industry Outlook


Product Definition:


A manual plug valve is a valve that uses a plug to control the flow of fluid through it. It is opened and closed by turning the plug. This type of valve is often used in pipelines to stop or start the flow of fluid.


Two Way Plug Valve:


The two-way plug valve is a type of steam valve used in process industries for controlling the flow of liquid or gas. It’s basically an elongated hollow rubber cylinder closed at one end and open at the other, with a small hole in between allowing fluid to pass through. The two-way plug valve is widely used across various industries including chemical, oil & gas, power generation and food & beverage processing among others.


Three Way Plug Valve:


Three way plug valve is a kind of three way connector which has three terminals and one or more normally open ports. It is used to connect the flow of different liquids in valves, flanges, connectors or tubing. The most common application of this device includes oil & gas transportation system where it’s used for connecting two pipelines together either at a cross country pipeline connection or an intra-city pipeline connection.


Application Insights:


The other application segment includes the use of manual plug valves in several industries including chemical, oil and gas, food and beverages, power generation, water treatment plants among others. The growth of these industries is expected to drive the demand for plug valves which are used as a closure device in several processes including transfer of materials from one process to another.


In chemical industry applications include purification & separation processes where closed system is required Manual Plug Valve (MPV) with high flow rate capability meets this requirement. MPVs are widely used in petrochemical units where they act as a closure between two systems such as fermentation tanks or crude distillation column bottoms feeder loops etcetera. In addition MPVs find application where multiple liquids need to be separated such as refining unit top-of-the-tower bottom feeder loops among others.


Regional Analysis:


Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as chemical and oil & gas. In 2017, Asia Pacific accounted for a share of more than 30% in terms of consumption and production of manual plug valves globally. China is one of the largest consumers owing to its large manufacturing base in this region coupled with growing demand from other countries such as India, Japan, South Korea etc., which are also major importers due to huge requirement from domestic manufacturers and suppliers across various end-use applications.


Europe was followed by Asia Pacific in terms of consumption owing to high usage across several application segments including food processing units and chemical plants for maintaining efficient operations during startup/shutdown times along with emergency situations when there's a need for immediate valve closure or opening at any cost (i.e., no leakage).


Growth Factors:


  • Increasing demand from oil and gas industry
  • Rising investment in infrastructure development
  • Growing adoption of plug valves in chemical processing industries
  • Proliferation of smart factories and IIoT across various industrial sectors
  • Technological advancements in plug valve design and manufacturing

Scope Of The Report

Report Attributes

Report Details

Report Title

Manual Plug Valve Market Research Report

By Type

Two Way Plug Valve, Three Way Plug Valve, Four Way Plug Valve

By Application

Chemical Industry, Oil Industry, Food Industry, Other

By Companies

Bray International, BUENO TECHNOLOGY, BuTech, Cepex SER, Conbraco Industries, Coraplax, DeZURIK, DFL ITALIA SRL, EFFEBI, END-Armaturen GmbH & Co. KG, FERRERO RUBINETTERIE SRL, Pfeiffer Chemie-Armaturenbau GmbH, VETEC Ventiltechnik GmbH, ABV, AIGNEP, Alco, BAC Valves Online sl, Bestobell Valves, BOLA-TEK Mfg.Co

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

232

Number of Tables & Figures

163

Customization Available

Yes, the report can be customized as per your need.


Global Manual Plug Valve Market Report Segments:

The global Manual Plug Valve market is segmented on the basis of:

Types

Two Way Plug Valve, Three Way Plug Valve, Four Way Plug 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

Chemical Industry, Oil 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:

  1. Bray International
  2. BUENO TECHNOLOGY
  3. BuTech
  4. Cepex SER
  5. Conbraco Industries
  6. Coraplax
  7. DeZURIK
  8. DFL ITALIA SRL
  9. EFFEBI
  10. END-Armaturen GmbH & Co. KG
  11. FERRERO RUBINETTERIE SRL
  12. Pfeiffer Chemie-Armaturenbau GmbH
  13. VETEC Ventiltechnik GmbH
  14. ABV
  15. AIGNEP
  16. Alco
  17. BAC Valves Online sl
  18. Bestobell Valves
  19. BOLA-TEK Mfg.Co

Global Manual Plug Valve Market Overview


Highlights of The Manual Plug Valve Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Two Way Plug Valve
    2. Three Way Plug Valve
    3. Four Way Plug Valve
  1. By Application:

    1. Chemical Industry
    2. Oil Industry
    3. Food Industry
    4. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Manual Plug 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

Global Manual Plug Valve Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A manual plug valve is a type of valve that can be operated by hand. It allows water or other fluid to flow in one direction, and it can be used to control the rate of flow.

Some of the major players in the manual plug valve market are Bray International, BUENO TECHNOLOGY, BuTech, Cepex SER, Conbraco Industries, Coraplax, DeZURIK, DFL ITALIA SRL, EFFEBI, END-Armaturen GmbH & Co. KG, FERRERO RUBINETTERIE SRL, Pfeiffer Chemie-Armaturenbau GmbH, VETEC Ventiltechnik GmbH, ABV, AIGNEP, Alco, BAC Valves Online sl, Bestobell Valves, BOLA-TEK Mfg.Co.

The manual plug valve 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. Manual Plug Valve 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. Manual Plug Valve Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Manual Plug Valve Market - Supply Chain
   4.5. Global Manual Plug Valve Market Forecast
      4.5.1. Manual Plug Valve Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Manual Plug Valve Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Manual Plug Valve Market Absolute $ Opportunity

5. Global Manual Plug Valve 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. Manual Plug Valve Market Size and Volume Forecast by Type
      5.3.1. Two Way Plug Valve
      5.3.2. Three Way Plug Valve
      5.3.3. Four Way Plug Valve
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Manual Plug Valve 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. Manual Plug Valve Market Size and Volume Forecast by Application
      6.3.1. Chemical Industry
      6.3.2. Oil Industry
      6.3.3. Food Industry
      6.3.4. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Manual Plug Valve 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. Manual Plug Valve 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 Manual Plug Valve 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. Manual Plug Valve 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 Manual Plug Valve Demand Share Forecast, 2019-2029

9. North America Manual Plug Valve 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 Manual Plug Valve 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 Manual Plug Valve Market Size and Volume Forecast by Application
      9.4.1. Chemical Industry
      9.4.2. Oil Industry
      9.4.3. Food Industry
      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 Manual Plug Valve Market Size and Volume Forecast by Type
      9.7.1. Two Way Plug Valve
      9.7.2. Three Way Plug Valve
      9.7.3. Four Way Plug 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 Manual Plug Valve Demand Share Forecast, 2019-2029

10. Latin America Manual Plug Valve 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 Manual Plug Valve 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 Manual Plug Valve Market Size and Volume Forecast by Application
      10.4.1. Chemical Industry
      10.4.2. Oil Industry
      10.4.3. Food Industry
      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 Manual Plug Valve Market Size and Volume Forecast by Type
      10.7.1. Two Way Plug Valve
      10.7.2. Three Way Plug Valve
      10.7.3. Four Way Plug 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 Manual Plug Valve Demand Share Forecast, 2019-2029

11. Europe Manual Plug Valve 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 Manual Plug Valve 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 Manual Plug Valve Market Size and Volume Forecast by Application
      11.4.1. Chemical Industry
      11.4.2. Oil Industry
      11.4.3. Food Industry
      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 Manual Plug Valve Market Size and Volume Forecast by Type
      11.7.1. Two Way Plug Valve
      11.7.2. Three Way Plug Valve
      11.7.3. Four Way Plug Valve
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Typ
   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 Manual Plug Valve Demand Share, 2019-2029

12. Asia Pacific Manual Plug Valve 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 Manual Plug Valve 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 Manual Plug Valve Market Size and Volume Forecast by Application
      12.4.1. Chemical Industry
      12.4.2. Oil Industry
      12.4.3. Food Industry
      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 Manual Plug Valve Market Size and Volume Forecast by Type
      12.7.1. Two Way Plug Valve
      12.7.2. Three Way Plug Valve
      12.7.3. Four Way Plug 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 Manual Plug Valve Demand Share, 2019-2029

13. Middle East & Africa Manual Plug Valve 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 Manual Plug Valve 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 Manual Plug Valve Market Size and Volume Forecast by Application
      13.4.1. Chemical Industry
      13.4.2. Oil Industry
      13.4.3. Food Industry
      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 Manual Plug Valve Market Size and Volume Forecast by Type
      13.7.1. Two Way Plug Valve
      13.7.2. Three Way Plug Valve
      13.7.3. Four Way Plug 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 Manual Plug Valve Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Manual Plug Valve Market: Market Share Analysis
   14.2. Manual Plug Valve Distributors and Customers
   14.3. Manual Plug Valve Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Bray International
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. BUENO TECHNOLOGY
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. BuTech
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Cepex SER
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Conbraco Industries
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Coraplax
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. DeZURIK
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. DFL ITALIA SRL
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. EFFEBI
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. END-Armaturen GmbH & Co. KG
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. FERRERO RUBINETTERIE SRL
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Pfeiffer Chemie-Armaturenbau GmbH
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. VETEC Ventiltechnik GmbH
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. ABV
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. AIGNEP
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Alco
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. BAC Valves Online sl
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. Bestobell Valves
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. BOLA-TEK Mfg.Co
         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

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