Market Overview:
The global pressure seal globe 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 pressure seal globe valves from various end-use industries, such as commercial, industrial, and others. In terms of type, the socket weld connections segment is expected to lead the global pressure seal globe valves market during the forecast period. This can be attributed to its high demand from various end-use industries owing to its features such as easy installation and low maintenance cost.
Product Definition:
A pressure seal globe valve is a type of valve that uses a seal to prevent fluid from escaping around the stem. This type of valve is often used in applications where high pressure or vacuum must be maintained.
Socket Weld Connections:
The global socket weld connections, also known as spot welder or portable welder is a device used to weld and connect two metal pieces in a quick and efficient manner. It’s an automated process that uses heat and electricity for welding. The product has various applications such as pipeline construction, oil & gas extraction, shipbuilding & repair among others.
Butt Weld Connections:
Butt weld connections are used in pressure seal globe valves for a more secure and durable connection. These types of connections have high tensile strength and can withstand higher operating pressures as compared to other valve types.
The growing demand for clean water has led to an increase in the number of projects involving the construction, treatment, and supply of water across the world. Growing population coupled with rapid urbanization is expected to further drive this industry over the forecast period.
Application Insights:
The industrial application segment led the global pressure seal globe valves market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in manufacturing activities across various industries such as oil & gas, chemical, petrochemical, power generation and marine among others.
The commercial segment is expected to witness significant growth over the forecast period owing to an increase in tourism and construction activities globally which has resulted in increased demand for sealing products with high durability and performance. In addition, growing penetration of these products due to their low cost coupled with excellent sealing properties will drive the product demand further during this period.
Regional Analysis:
Asia Pacific was the largest market for pressure seal globe valves and accounted for a revenue share of over 35.0% in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from end-use industries, such as water and wastewater, oil & gas, power generation, petrochemical etc. In addition, rising infrastructural developments in emerging countries such as China and India are expected to drive product demand further.
The Middle East & Africa is anticipated to be one of the fastest-growing regions with CAGR exceeding 5% during the forecast period owing to significant growth opportunities offered by infrastructure development projects across several sectors including energy & power generation; transportation & storage; communication; healthcare etc., which will drive product adoption across industries requiring reliable sealing solutions at high pressures such as chemical processing plants and desalination facilities among others.
Growth Factors:
- Increasing demand from the oil and gas industry for pressure seal globe valves as a result of the growth in exploration and production activities
- Rising investments in infrastructure development, which is expected to drive the demand for pressure seal globe valves in water and wastewater treatment applications
- Growing popularity of smart city initiatives that promote the use of intelligent valve systems for efficient water management
- Proliferation of digital technologies across various industries, which is resulting in increased adoption of automated control systems that require pressure seal globe valves
- Stringent regulations pertaining to energy conservation and emissions reduction, especially in developed countries, are likely to spur demand for high-efficiency pressure seal globe valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressure Seal Globe Valves Market Research Report
By Type
Socket Weld Connections, Butt Weld Connections
By Application
Commercial, Industrial, Others
By Companies
GWC Valve, Velan, Camtech Manufacturing, Orion, Beric Davis, Babcock Valves, KOJO Valve
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Pressure Seal Globe Valves Market Report Segments:
The global Pressure Seal Globe Valves market is segmented on the basis of:
Types
Socket Weld Connections, Butt Weld Connections
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
Commercial, Industrial, 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:
- GWC Valve
- Velan
- Camtech Manufacturing
- Orion
- Beric Davis
- Babcock Valves
- KOJO Valve
Highlights of The Pressure Seal Globe 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:
- Socket Weld Connections
- Butt Weld Connections
- By Application:
- Commercial
- Industrial
- 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 Pressure Seal Globe 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
- 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 pressure seal globe valve is a type of valve that uses a sealing element to create an airtight seal between two parts. This type of valve is often used in industrial applications, such as water and gas systems, because it can withstand high pressures and temperatures.
Some of the key players operating in the pressure seal globe valves market are GWC Valve, Velan, Camtech Manufacturing, Orion, Beric Davis, Babcock Valves, KOJO Valve.
The pressure seal globe 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. Pressure Seal Globe 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. Pressure Seal Globe Valves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pressure Seal Globe Valves Market - Supply Chain
4.5. Global Pressure Seal Globe Valves Market Forecast
4.5.1. Pressure Seal Globe Valves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pressure Seal Globe Valves Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pressure Seal Globe Valves Market Absolute $ Opportunity
5. Global Pressure Seal Globe 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. Pressure Seal Globe Valves Market Size and Volume Forecast by Type
5.3.1. Socket Weld Connections
5.3.2. Butt Weld Connections
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pressure Seal Globe 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. Pressure Seal Globe Valves Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Industrial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pressure Seal Globe 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. Pressure Seal Globe 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 Pressure Seal Globe 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. Pressure Seal Globe 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 Pressure Seal Globe Valves Demand Share Forecast, 2019-2026
9. North America Pressure Seal Globe 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 Pressure Seal Globe 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 Pressure Seal Globe Valves Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Industrial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pressure Seal Globe Valves Market Size and Volume Forecast by Type
9.7.1. Socket Weld Connections
9.7.2. Butt Weld Connections
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 Pressure Seal Globe Valves Demand Share Forecast, 2019-2026
10. Latin America Pressure Seal Globe 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 Pressure Seal Globe 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 Pressure Seal Globe Valves Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Industrial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pressure Seal Globe Valves Market Size and Volume Forecast by Type
10.7.1. Socket Weld Connections
10.7.2. Butt Weld Connections
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 Pressure Seal Globe Valves Demand Share Forecast, 2019-2026
11. Europe Pressure Seal Globe 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 Pressure Seal Globe 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 Pressure Seal Globe Valves Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Industrial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pressure Seal Globe Valves Market Size and Volume Forecast by Type
11.7.1. Socket Weld Connections
11.7.2. Butt Weld Connections
11.8. Basis Point Share (BPS) Analyis 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 Pressure Seal Globe Valves Demand Share, 2019-2026
12. Asia Pacific Pressure Seal Globe 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 Pressure Seal Globe 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 Pressure Seal Globe Valves Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Industrial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pressure Seal Globe Valves Market Size and Volume Forecast by Type
12.7.1. Socket Weld Connections
12.7.2. Butt Weld Connections
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 Pressure Seal Globe Valves Demand Share, 2019-2026
13. Middle East & Africa Pressure Seal Globe 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 Pressure Seal Globe 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 Pressure Seal Globe Valves Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Industrial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pressure Seal Globe Valves Market Size and Volume Forecast by Type
13.7.1. Socket Weld Connections
13.7.2. Butt Weld Connections
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 Pressure Seal Globe Valves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pressure Seal Globe Valves Market: Market Share Analysis
14.2. Pressure Seal Globe Valves Distributors and Customers
14.3. Pressure Seal Globe Valves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GWC Valve
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Velan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Camtech Manufacturing
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Orion
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Beric Davis
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Babcock Valves
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. KOJO Valve
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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