Market Overview:
The global stopper valve 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 valves from various industries such as oil and gas, water treatment, chemical, steel and other industrial sectors. In terms of type, the globe valve segment is expected to dominate the global stopper valve market during the forecast period. This can be attributed to its ability to handle high pressure and temperature conditions in various applications.
Product Definition:
A stopper valve is a type of valve used to stop or impede the flow of a fluid. It is usually a disk-shaped object with a hole in the center that is placed in the path of the fluid, either manually or automatically. Stopper valves are important because they can be used to control and regulate the flow of fluids.
Globe Valve:
Globe valve is a one-way flow control device that controls the fluid movement in only one direction. It can be closed by using an orifice plate, diaphragm, or gate. The term “globe” is used for the reason that it looks like a ball with four prongs sticking out of it. The most common type of globe valve consists of two metal plates joined by a flexible diaphragm and operated through stem and seat mechanism.
Needle Valve:
The needle valve is a device that opens to let fluid pass when pressure is applied to the upstream side and blocks the flow of liquid when pressure is released. It can be used as a stopper or check valve in various systems such as fire protection, drainage, air conditioning systems, refrigeration & air handling units and hydronic heating & cooling equipment among others.
Needle valves are also known as spool valves or ball valves.
Application Insights:
The oil & gas or energy industry was the leading application segment in terms of revenue and is expected to continue its dominance over the forecast period. The global oil & gas industry has witnessed significant growth over the past few years owing to an increase in demand for petroleum products across various industries including automotive, construction, manufacturing and others. An increase in drilling activities coupled with a rise in production of crude oil has led to an increased use of stopper valves globally.
Water treatment industry is also one of the prominent applications where these valves are used as they offer reliable performance at economical prices. These valves are designed according to customer requirements offering multiple ports that can be connected through pipes with different inside diameters which makes it suitable for water supply & drainage purposes respectively. Globe valve is most commonly used as a stop valve owing to its easy operation allowing manual control over flow from low-pressure side by side pressure release function making it ideal for use in water treatment plants worldwide.
Regional Analysis:
Europe was the dominant regional market in 2017 and accounted for over 30% of global revenue. The region is expected to witness a decline in share over the forecast period owing to stringent regulatory scenario and rising geriatric population, which leads to increased dependency on water supply systems. Moreover, increasing oil & gas E&P activities across countries such as Russia are anticipated to drive demand for these valves in this region.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due its developing economies such as India and China along with other Southeast Asian countries that have been witnessing strong economic growth since past few years. In addition, growing construction activities coupled with an increase in water treatment applications are likely boost product demand across emerging nations of Asia Pacific during the forecast period.
Growth Factors:
- Increasing demand from oil & gas and petrochemical industries
- Rising investments in infrastructure development
- Growing popularity of smart valves for process automation
- Proliferation of the Internet of Things (IoT) across various industrial sectors
- Technological advancements in valve manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Stopper Valve Market Research Report
By Type
Globe Valve, Needle Valve
By Application
Oil&Gas or Energy Industry, Water Treatment Industry, Chemical Industry, Steel Industry, Other Industrial
By Companies
Johnson Controls, Emerson, Flowserve, Kitz Group, Cameron, IMI, Crane Company, Metso, Circor Energy, KSB Group, Pentair, Watts, Velan, SWI Valve, Neway
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Stopper Valve Market Report Segments:
The global Stopper Valve market is segmented on the basis of:
Types
Globe Valve, Needle 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
Oil&Gas or Energy Industry, Water Treatment Industry, Chemical Industry, Steel Industry, Other Industrial
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:
- Johnson Controls
- Emerson
- Flowserve
- Kitz Group
- Cameron
- IMI
- Crane Company
- Metso
- Circor Energy
- KSB Group
- Pentair
- Watts
- Velan
- SWI Valve
- Neway
Highlights of The Stopper Valve 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:
- Globe Valve
- Needle Valve
- By Application:
- Oil&Gas or Energy Industry
- Water Treatment Industry
- Chemical Industry
- Steel Industry
- Other Industrial
- 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 Stopper 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
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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 stopper valve is a device that controls the flow of fluid through a pipeline. It is typically used to prevent the flow of oil, gas, or water in case of an emergency.
Some of the major companies in the stopper valve market are Johnson Controls, Emerson, Flowserve, Kitz Group, Cameron, IMI, Crane Company, Metso, Circor Energy, KSB Group, Pentair, Watts, Velan, SWI Valve, Neway.
The stopper 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. Stopper 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. Stopper Valve Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Stopper Valve Market - Supply Chain
4.5. Global Stopper Valve Market Forecast
4.5.1. Stopper Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Stopper Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Stopper Valve Market Absolute $ Opportunity
5. Global Stopper 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. Stopper Valve Market Size and Volume Forecast by Type
5.3.1. Globe Valve
5.3.2. Needle Valve
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Stopper 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. Stopper Valve Market Size and Volume Forecast by Application
6.3.1. Oil&Gas or Energy Industry
6.3.2. Water Treatment Industry
6.3.3. Chemical Industry
6.3.4. Steel Industry
6.3.5. Other Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Stopper 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. Stopper 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 Stopper 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. Stopper 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 Stopper Valve Demand Share Forecast, 2019-2026
9. North America Stopper 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 Stopper 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 Stopper Valve Market Size and Volume Forecast by Application
9.4.1. Oil&Gas or Energy Industry
9.4.2. Water Treatment Industry
9.4.3. Chemical Industry
9.4.4. Steel Industry
9.4.5. Other Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Stopper Valve Market Size and Volume Forecast by Type
9.7.1. Globe Valve
9.7.2. Needle 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 Stopper Valve Demand Share Forecast, 2019-2026
10. Latin America Stopper 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 Stopper 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 Stopper Valve Market Size and Volume Forecast by Application
10.4.1. Oil&Gas or Energy Industry
10.4.2. Water Treatment Industry
10.4.3. Chemical Industry
10.4.4. Steel Industry
10.4.5. Other Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Stopper Valve Market Size and Volume Forecast by Type
10.7.1. Globe Valve
10.7.2. Needle 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 Stopper Valve Demand Share Forecast, 2019-2026
11. Europe Stopper 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 Stopper 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 Stopper Valve Market Size and Volume Forecast by Application
11.4.1. Oil&Gas or Energy Industry
11.4.2. Water Treatment Industry
11.4.3. Chemical Industry
11.4.4. Steel Industry
11.4.5. Other Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Stopper Valve Market Size and Volume Forecast by Type
11.7.1. Globe Valve
11.7.2. Needle 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 Stopper Valve Demand Share, 2019-2026
12. Asia Pacific Stopper 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 Stopper 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 Stopper Valve Market Size and Volume Forecast by Application
12.4.1. Oil&Gas or Energy Industry
12.4.2. Water Treatment Industry
12.4.3. Chemical Industry
12.4.4. Steel Industry
12.4.5. Other Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Stopper Valve Market Size and Volume Forecast by Type
12.7.1. Globe Valve
12.7.2. Needle 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 Stopper Valve Demand Share, 2019-2026
13. Middle East & Africa Stopper 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 Stopper 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 Stopper Valve Market Size and Volume Forecast by Application
13.4.1. Oil&Gas or Energy Industry
13.4.2. Water Treatment Industry
13.4.3. Chemical Industry
13.4.4. Steel Industry
13.4.5. Other Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Stopper Valve Market Size and Volume Forecast by Type
13.7.1. Globe Valve
13.7.2. Needle 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 Stopper Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Stopper Valve Market: Market Share Analysis
14.2. Stopper Valve Distributors and Customers
14.3. Stopper Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Controls
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Emerson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Flowserve
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kitz Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cameron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IMI
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Crane Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Metso
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Circor Energy
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. KSB Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Pentair
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Watts
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Velan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SWI Valve
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Neway
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
