The Global Valve Market was valued at US$ 73 billion in 2019 and is expected to grow at a CAGR of 9% through 2030. Valve is a vital control element in the piping system and is used for controlling and monitoring the flow of process fluids. With increasing penetration of industrial automation, the demand for valves has increased significantly during past decade. The manufacturers are continuously engaged in development of technologically advanced valves to meet the rising demand. The emergence and adoption of smart valves in industrial process control loop has dynamically changed the landscape of the global valve market and is anticipated to be a major driving factor during the forecast period. Adoption of intelligent control systems and diagnostic technologies in valves for monitoring of upstream and downstream process parameters is a key factor fueling the growth of the growth of valves market. With expansion of food & beverages processing, chemicals, and pharmaceutical manufacturing industry around the world and rising adoption of control valves across small & medium enterprises is anticipated to bolster the growth of global valve market during the forecast period.
Asia Pacific contributed the largest share to the global valve market in 2019 owing to increased demand from oil & gas, food & beverages, chemicals, and petrochemical industries across China, India, and Australia. With increasing investment in expansion of pharmaceutical industry and increasing investment in strengthening the water & waste water treatment infrastructures across Southeast Asian countries, the Asia Pacific valve market is anticipated to offer lucrative opportunities to the valve manufacturers during the forecast period. Europe contributed a prominent share to the global valve market owing to the presence of leading valve manufacturers and strong demand from energy & utility industry.
Valve Market Share Analysis, by Geography (2021)
The report titled “Valve Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032”, wherein 2020 is historic period, 2021 is the base year, and 2022 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global valve market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market. For instance, Emerson Electric Co. reported revenues of USD 12,202 million in 2019 and the product segment analysis of the company indicates that Measurement & Analytical Instrumentation business segment of the company dominated revenue in 2019.
The global valve market is segmented on the basis of type, material, end use industry, and geography. Based on type, the global valve market is segmented into gate valve, globe valve, check valve, plug valve, ball valve, butterfly valve, needle valve, pinch valve, and others. Based on material, the global valve market is segmented into stainless steel, cast iron, cryogenic, alloy based, and others. Based on end use industry, the global valve market is segmented into oil & gas, energy & utility, water & waste water treatment, chemicals, pharmaceuticals, food & beverages, paper & pulp, agriculture, metal & mining, and others. Based on geography, the global valve market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on valves. Further, market share of prominent companies in the global valve market would also be estimated. For instance, Emerson Electric Co. operates through four Measurement & Analytical Instrumentation, Valves, Actuators & Regulators, Industrial Solutions, and Process Control Systems & Solutions. The valves are delivered under Valves, Actuators & Regulators business segment of the company with revenue contribution of US$ 3,794 million in 2019.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the valve companies. The global valve market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the valve business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global valve market.
Major players active in the global valve market include AVK Holding A/S, Bürkert Fluid Control Systems, Emerson Electric Co., Flowserve Corporation, General Electric Company, Goodwin International Ltd, Honeywell International Inc., KITZ Corporation, Rotork Plc, and Schlumberger Limited.
1. Introduction 1.1. Research Objectives 1.2. Report Assumptions 1.3. Research Methodology 1.4. Abbreviations 2. Preface 2.1. Market Definition 2.2. Report Scope and Market Segmentation 2.3. Research Highlights 3. Market Synopsis: Global Valves Market 4. Global Valves Market Qualitative Analysis 4.1. Ecosystem Analysis 4.1.1. Role of participants 4.1.2. Integration scenario 4.2. Trends 4.2.1. Market trends 4.2.2. Technology Trends 4.3. PESTEL Analysis (For 5 prominent countries) 4.4. Market Influencers 4.4.1. Driving Forces 4.4.2. Hindering Forces 4.4.3. Opportunities 4.5. Supply Demand Scenario 4.6. Rules & Regulations 5. Global Valves Market Analysis and Forecast, by Type 5.1. Overview and definitions 5.2. Key segment analysis 5.3. Global Valves Market Estimates (US$ Mn, Units, US$), by Type, 2018 – 2030 5.3.1. Gate Valve 5.3.2. Globe Valve 5.3.3. Check Valve 5.3.4. Plug Valve 5.3.5. Ball Valve 5.3.6. Butterfly Valve 5.3.7. Needle Valve 5.3.8. Pinch Valve 5.3.9. Others 6. Global Valves Market Analysis and Forecast, by Material 6.1. Overview and definitions 6.2. Key segment analysis 6.3. Global Valves Market Estimates (US$ Mn), Material, 2018 – 2030 6.3.1. Stainless Steel 6.3.2. Cast Iron 6.3.3. Cryogenic 6.3.4. Alloy based 6.3.5. Others 7. Global Valves Market Analysis and Forecast, by End Use Industry 7.1. Overview and definitions 7.2. Key segment analysis 7.3. Global Valves Market Estimates (US$ Mn), by End Use Industry, 2018 – 2030 7.3.1. Oil & Gas 7.3.2. Energy & Utility 7.3.3. Water & Waste Water treatment 7.3.4. Paper & Pulp 7.3.5. Food & Beverages 7.3.6. Chemical 7.3.7. Healthcare 7.3.8. Others 8. Global Valves Market Analysis and Forecast, by Region 8.1. Overview and definitions 8.2. Key segment analysis 8.3. Global Valves Market Estimates (US$ Mn), by Region, 2018 – 2030 8.3.1. North America 8.3.2. Europe 8.3.3. Asia Pacific 8.3.4. Middle East & Africa 8.3.5. South America 9. North America Valves Market Analysis and Forecast 9.1. Overview and definitions 9.2. Key segment analysis 9.3. North America Valves Market Estimates (US$ Mn, Units, US$), by Type, 2018 – 2030 9.3.1. Gate Valve 9.3.2. Globe Valve 9.3.3. Check Valve 9.3.4. Plug Valve 9.3.5. Ball Valve 9.3.6. Butterfly Valve 9.3.7. Needle Valve 9.3.8. Pinch Valve 9.3.9. Others 9.4. North America Valves Market Estimates (US$ Mn), Material, 2018 – 2030 9.4.1. Stainless Steel 9.4.2. Cast Iron 9.4.3. Cryogenic 9.4.4. Alloy based 9.4.5. Others 9.5. North America Valves Market Estimates (US$ Mn), by End Use Industry, 2018 – 2030 9.5.1. Oil & Gas 9.5.2. Energy & Utility 9.5.3. Water & Waste Water treatment 9.5.4. Paper & Pulp 9.5.5. Food & Beverages 9.5.6. Chemical 9.5.7. Healthcare 9.5.8. Others 9.6. North America Valves Market Estimates (US$ Mn), Country, 2018 – 2030 9.6.1. The U.S. 9.6.2. Canada 9.6.3. Rest of North America 10. Europe Valves Market Analysis and Forecast 10.1. Overview and definitions 10.2. Key segment analysis 10.3. Europe Valves Market Estimates (US$ Mn, Units, US$), by Type, 2018 – 2030 10.3.1. Gate Valve 10.3.2. Globe Valve 10.3.3. Check Valve 10.3.4. Plug Valve 10.3.5. Ball Valve 10.3.6. Butterfly Valve 10.3.7. Needle Valve 10.3.8. Pinch Valve 10.3.9. Others 10.4. Europe Valves Market Estimates (US$ Mn), Material, 2018 – 2030 10.4.1. Stainless Steel 10.4.2. Cast Iron 10.4.3. Cryogenic 10.4.4. Alloy based 10.4.5. Others 10.5. Europe Valves Market Estimates (US$ Mn), by End Use Industry, 2018 – 2030 10.5.1. Oil & Gas 10.5.2. Energy & Utility 10.5.3. Water & Waste Water treatment 10.5.4. Paper & Pulp 10.5.5. Food & Beverages 10.5.6. Chemical 10.5.7. Healthcare 10.5.8. Others 10.6. Europe Valves Market Estimates (US$ Mn), Country, 2018 – 2030 10.6.1. Germany 10.6.2. United Kingdom 10.6.3. Belgium 10.6.4. Spain 10.6.5. Rest of Europe 11. Asia Pacific Valves Market Analysis and Forecast 11.1. Overview and definitions 11.2. Key segment analysis 11.3. Asia Pacific Valves Market Estimates (US$ Mn, Units, US$), by Type, 2018 – 2030 11.3.1. Gate Valve 11.3.2. Globe Valve 11.3.3. Check Valve 11.3.4. Plug Valve 11.3.5. Ball Valve 11.3.6. Butterfly Valve 11.3.7. Needle Valve 11.3.8. Pinch Valve 11.3.9. Others 11.4. Asia Pacific Valves Market Estimates (US$ Mn), Material, 2018 – 2030 11.4.1. Stainless Steel 11.4.2. Cast Iron 11.4.3. Cryogenic 11.4.4. Alloy based 11.4.5. Others 11.5. Asia Pacific Valves Market Estimates (US$ Mn), by End Use Industry, 2018 – 2030 11.5.1. Oil & Gas 11.5.2. Energy & Utility 11.5.3. Water & Waste Water treatment 11.5.4. Paper & Pulp 11.5.5. Food & Beverages 11.5.6. Chemical 11.5.7. Healthcare 11.5.8. Others 11.6. Asia Pacific Valves Market Estimates (US$ Mn), Country, 2018 – 2030 11.6.1. Japan 11.6.2. India 11.6.3. China 11.6.4. Taiwan 11.6.5. Australia 11.6.6. Rest of Asia Pacific 12. Middle East & Africa Valves Market Analysis and Forecast 12.1. Overview and definitions 12.2. Key segment analysis 12.3. Middle East & Africa Valves Market Estimates (US$ Mn, Units, US$), by Type, 2018 – 2030 12.3.1. Gate Valve 12.3.2. Globe Valve 12.3.3. Check Valve 12.3.4. Plug Valve 12.3.5. Ball Valve 12.3.6. Butterfly Valve 12.3.7. Needle Valve 12.3.8. Pinch Valve 12.3.9. Others 12.4. Middle East & Africa Valves Market Estimates (US$ Mn), Material, 2018 – 2030 12.4.1. Stainless Steel 12.4.2. Cast Iron 12.4.3. Cryogenic 12.4.4. Alloy based 12.4.5. Others 12.5. Middle East & Africa Valves Market Estimates (US$ Mn), by End Use Industry, 2018 – 2030 12.5.1. Oil & Gas 12.5.2. Energy & Utility 12.5.3. Water & Waste Water treatment 12.5.4. Paper & Pulp 12.5.5. Food & Beverages 12.5.6. Chemical 12.5.7. Healthcare 12.5.8. Others 12.6. Middle East & Africa Valves Market Estimates (US$ Mn), Country, 2018 – 2030 12.6.1. Saudi Arabia 12.6.2. UAE 12.6.3. Rest of Middle East 13. South America Valves Market Analysis and Forecast 13.1. Overview and definitions 13.2. Key segment analysis 13.3. South America Valves Market Estimates (US$ Mn, Units, US$), by Type, 2018 – 2030 13.3.1. Gate Valve 13.3.2. Globe Valve 13.3.3. Check Valve 13.3.4. Plug Valve 13.3.5. Ball Valve 13.3.6. Butterfly Valve 13.3.7. Needle Valve 13.3.8. Pinch Valve 13.3.9. Others 13.4. South America Valves Market Estimates (US$ Mn), Material, 2018 – 2030 13.4.1. Stainless Steel 13.4.2. Cast Iron 13.4.3. Cryogenic 13.4.4. Alloy based 13.4.5. Others 13.5. South America Valves Market Estimates (US$ Mn), by End Use Industry, 2018 – 2030 13.5.1. Oil & Gas 13.5.2. Energy & Utility 13.5.3. Water & Waste Water treatment 13.5.4. Paper & Pulp 13.5.5. Food & Beverages 13.5.6. Chemical 13.5.7. Healthcare 13.5.8. Others 13.6. South America Valves Market Estimates (US$ Mn), Country, 2018 – 2030 13.6.1. Brazil 13.6.2. Rest of South America 14. Competition Analysis – Valves Market 14.1. Market Composition 14.2. Market Share Analysis (%), by Manufacturer (2019) 14.3. Company Profiles 14.3.1. AVK Holding A/S 188.8.131.52. Business overview 184.108.40.206. Management 220.127.116.11. Geographic presence 18.104.22.168. Product portfolio 22.214.171.124. Financial facts 126.96.36.199. Channel partners 188.8.131.52. Relevant news and strategic view 14.3.2. Bürkert Fluid Control Systems 14.3.3. Emerson Electric Co. 14.3.4. Flowserve Corporation 14.3.5. General Electric Company 14.3.6. Goodwin International Ltd 14.3.7. Honeywell International Inc 14.3.8. KITZ Corporation 14.3.9. Rotork Plc 14.3.10. Cameron International Corporation 14.3.11. Pentair 15. Conclusion & Recommendations
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