The Industrial Valves Market is expected to be around USD 102.69 Billion by 2026 at a CAGR of 13.04% in the given forecast period.
Industrial valves are used in procedure industries for regulation,direction and control of gases, vapours, slurries, liquids, and others. Industrial valves are mostly manufactured using carbon steel, stainless steel, cast ironand other high functioning metal alloys to obtain efficient flow control in industries such as food & beverages, chemicals,water &waste water, oil & power and others. Furthermore, a valve mostly consists of a main body, a stem, and a seat that are mostly manufactured using different materials including rubber, polymers, metals, and others to avoid wastage of liquid flowing through the valve. Valves are mostly differentiated by their operating mechanisms. The most extensively used valves in industries are gate vales, plug valves, pinch valves, diaphragm valves, globe valves, butterfly valves, ball valvesand check valves. Growth in the demand for oil and gas, wastewater and power activities has led to the increase in demand for industrial valves. Growing demand for industrial valves by pharmaceutical companies recently due to the spread of coronavirus has further bolstered the development. Rapid urbanisation and construction of smart cities coupled with the requirement and demand to have a broad connected network for the transportation of industrial equipment has further created lucrative development opportunities for the industrial valves market.
The global Industrial Valves market is segregated on the basis of Material Type as Cast Iron, Steel, Alloy-Based, and Others. Based on Valve Type the global Industrial Valves market is segmented in Ball Valves, Butterfly Valves, Gate Valves, Globe Valves, Plug Valves, Check Valves, and Diaphragm Valves. Based on Application the global Industrial Valves market is segmented in Oil & Power, Water & Wastewater, Chemical, Food & Beverage, and Others.
The global Industrial Valves market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Industrial Valves market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
AVK Holding A/S, Avcon Controls Private Limited, Schlumberger Limited, Crane Co., Emerson Electric Co., Flowserve Corporation, Forbes Marshall, IMI plc, Metso Corporation, The Weir Group plc, and others are among the major players in the global Industrial Valves market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Industrial Valves Market has been segmented as below:
Industrial Valves Market, By Material Type
Industrial Valves Market, By Valve Type
Industrial Valves Market, By Application
Industrial Valves Market, By Region
Industrial Valves Market, By Company
The report covers:
Report Scope:
The global Industrial Valves market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Industrial Valves market share. Major industry players with significant revenue share include AVK Holding A/S, Avcon Controls Private Limited, Schlumberger Limited, Crane Co., Emerson Electric Co., Flowserve Corporation, Forbes Marshall, IMI plc, Metso Corporation, The Weir Group plc, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Industrial Valves Market, By Material Type
5.1. Key Points
5.2. Cast Iron
5.3. Steel
5.4. Alloy-Based
5.5. Others
6. Industrial Valves Market, By Valve Type
6.1. Key Points
6.2. Ball Valves
6.3. Butterfly Valves
6.4. Gate Valves
6.5. Globe Valves
6.6. Plug Valves
6.7. Check Valves
6.8. Diaphragm Valves
7. Industrial Valves Market, By Application
7.1. Key Points
7.2. Oil & Power
7.3. Water & Wastewater
7.4. Chemical
7.5. Food & Beverage
7.6. Others
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers & Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Others
9. Company Profiles
9.1 AVK Holding A/S
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Avcon Controls Private Limited
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Schlumberger Limited
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Crane Co.
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Emerson Electric Co.
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Flowserve Corporation
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Forbes Marshall
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 IMI plc
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Metso Corporation
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 The Weir Group plc
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Industrial Valves Market has been segmented as below:
Industrial Valves Market, By Material Type
Industrial Valves Market, By Valve Type
Industrial Valves Market, By Application
Industrial Valves Market, By Region
Industrial Valves Market, By Company
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