October 22, 2021
Industrial Valves

Industrial Valves Market Revenue to Hit US$ 110.91 Billion by 2027

The global industrial valves market value is expected to reach US$ 110.91 Billion by the end of 2027, decelerating at a CAGR of 3.4% from 2020 to 2027. The report contains 150+ pages with detailed analysis. Implementation of automation in the control valves owing to increasing emphasis on the precise monitoring is a key factor that drives the industrial valve market growth.

The study provides the overall revenue of the global industrial valves market from 2016 to 2027, considering 2020 as the base year and 2027 as the forecast year.

The global industrial valves market research report gives a brief summary of definitions, size analysis, and place of production, sales, applications, types, and major players/key vendors of the industrial valves industry. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post-COVID-19 marketplace. This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Growth Factors

The food & beverages processing industry is a highly saturated industry in many developed countries that include the U.S., the European Union countries, and China. Besides this, increase in demand for food from developing countries such as India, Brazil, and others boosts the agriculture industry that in turn propels the growth of the food & beverage industry. This is further anticipated to fuel the demand for industrial valves.

Furthermore, governments of various countries closely monitor the water utilities to provide safe drinking water and sanitation. Additionally, the outbreak of corona virus in start of the year 2020 has created insecurity among the people. During this situation, people are more concerned about clean water and sanitation, thereby propelling the demand of industrial valves in the sector.

Report Highlights

  • In 2019, North America dominated the global industrial valves market owing to replacement of inefficient and old valves with more efficient valves for gas transportation.
  • The Asia Pacific exhibits the fastest growth over the analysis period owing to booming consumption of chemicals coupled with escalating construction activities.
  • By material, steel valves garnered the largest value share in the year 2019 due to rising demand for high-quality valves in pharmaceuticals, chemicals, food & beverages, and metals & mining industries
  • By valve type, ball valves led the global market and predicted to continue same trend during the forecast period
  • Oil & gas sector accounted for the largest market value share in the year 2019 pertaining to increasing demand of energy along with flourishing growth of transportation sector.
  • Based on application, water & wastewater industry encountered the fastest growth close to 6% over the forecast period.

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Regional Snapshots

North America captured the largest market value share in the global industrial valves market in the year 2019. Rising research & development (R&D) activities in the region related to the implementation of actuators in the valves for automation along with the rising demand for safety applications are some of the crucial factors that fuel the growth of North America market. R&D at industry levels has expanded the application of industrial valves in various industries that include chemicals and energy & power, in the United States. Control valves are significantly used in the energy & power, oil & gas, and water & wastewater treatment industries to regulate the flow of media through a system, as well as to stop, start, or throttle the flow and ensure efficient and safe process automation.

On the other hand, the Asia Pacific offers lucrative growth opportunity during the analysis period. This is attributed to the increasing need for water treatment plants in the Asian countries, such as India, China, and Japan, thereby fuelling the demand for industrial valves in the region. In addition, booming consumption of chemicals is the other most prominent factor to trigger the growth of industrial valves in the region.

Related Reports

  • Stainless Steel Market – The global market was valued at US$ 106.84 Billion in 2019 and expected to reach US$ 168.24 Billion by 2027 and poised to grow at a compound annual growth rate (CAGR) 5.84% during the forecast period 2020 to 2027.
  • Elevator & Escalator Market – The global market was valued at around USD 71.68 billion in 2019 and expanding over USD 114.90 billion by 2027, anticipated to expand at a compound annual growth rate (CAGR) of 6.3% during period 2020 to 2027.
  • Construction Equipment Rental Market – The global market was valued at USD 91.34 billion in 2019 and to reach over USD 136.1 billion by 2027, predicted to register a compound annual growth rate (CAGR) of around 4.78% during period 2020 to 2027.

Top Players Contending in the Market:

The key companies are aiming towards advanced innovations and are predictable to dominate the target market. Foremost players inspiring in the global industrial valves market are as follows:

  • Avcon Controls Private Limited
  • AVK Holding A/S
  • Crane Co.
  • Metso Corporation
  • Schlumberger Limited
  • Flowserve Corporation
  • Emerson Electric Co.
  • IMI plc
  • Forbes Marshall
  • The Weir Group plc.

Market Segmentation

By Valve

  • Butterfly Valves
  • Ball Valves
  • Globe Valves
  • Gate Valves
  • Check Valves
  • Plug Valves
  • Diaphragm Valves

By Material

  • Cast Iron
  • Alloy-Based
  • Steel
  • Others

By Application

  • Water & Wastewater
  • Oil & Power
  • Food & Beverages
  • Chemical
  • Others

Regional Segmentation

  • North America (U.S. and Canada)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Some of the key highlights covered in the report include:

Market Demand-Supply Analysis – The report covers detailed insights into demand and supply forces prevailing in the global industrial valves market. It examines trends and factors influencing demand for industrial valves globally and gauges the impact of the same on the production.

Pricing Analysis – The report presents an exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.

Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.

Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for industrial valves across the world.

Competitive Analysis – Some of the leading market players are profiled in the report on industrial valves. The report offers an estimation of share individually help by the market players and determines the impact of some of their popular strategies.

COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.

Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global industrial valves market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for industrial valves are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2020-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Industrial Valves Market, By Valve

7.1. Industrial Valves Market, by Valve Type, 2020-2027
7.1.1. Butterfly Valves
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Ball Valves
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Globe Valves
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Gate Valves
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Check Valves
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. Plug Valves
7.1.6.1. Market Revenue and Forecast (2016-2027)
7.1.7. Diaphragm Valves
7.1.7.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Industrial Valves Market, By Application

8.1. Industrial Valves Market, by Application, 2020-2027
8.1.1. Water & Wastewater
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Oil & Power
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Food & Beverages
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Chemical
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Industrial Valves Market, By Material

9.1. Industrial Valves Market, by Material, 2020-2027
9.1.1. Cast Iron
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Alloy-Based
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Steel
9.1.3.1. Market Revenue and Forecast (2016-2027)
9.1.4. Others
9.1.4.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Industrial Valves Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Valve (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, by Material (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Material (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Valve (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Material (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Material (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Valve (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Material (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Material (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Valve (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Material (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, by Material (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Valve (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Material (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Valve (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Material (2016-2027)

Chapter 11. Company Profiles

11.1. Avcon Controls Private Limited
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. AVK Holding A/S
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Crane Co.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Metso Corporation
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Schlumberger Limited
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Flowserve Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Emerson Electric Co.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. IMI plc
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Forbes Marshall
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. The Weir Group plc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Precedence Research

Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings.

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