Industrial Valves Market - Global Industry Analysis

Industrial Valves Market by Type (Gate valve, Butterfly valve, Ball valve, Check valve, and Globe valve) By Application (Oil & gas, Chemical, Power, Water & wastewater, and others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 29-Jul-2021 Category: Energy & Mining Report Format : PDF Pages: 150 Report Code: ZMR-100 Status : Published

The global Industrial Valves market accounted for USD 64.1 Billion in 2020 and is expected to reach USD 109.1 Billion by 2028, growing at a CAGR of around 6.5% between 2021 and 2028.

Description

Market Overview                    

The global Industrial Valves market accounted for USD 64.1 Billion in 2020 and is expected to reach USD 109.1 Billion by 2028, growing at a CAGR of around 6.5% between 2021 and 2028.           

Industrial valves are used in various process industries for regulation, direction, and control of gases, liquids, vapors, and others. The raw material used for the manufacturing of Industrial valves are carbon steel, cast iron, stainless steel, and other. It has high functioning metal alloys to obtain efficient flow control in industries such as water & waste water, oil & power, food & beverages, chemicals, and others.

The entrance of new players in the Industrial Valves market is also set to propel the market growth For instance, in August 2018, Velan Inc.’s completely controlled subsidiary situated in Italy has been offered essential contracts for the supply of 3 different kinds of valves. The contract also states to supply these valves to MODEC Offshore Production Systems. Now, MODEC Offshore Production Systems is a firm located in Singapore. These orders have a total sales value of almost $18 Million and are planned for delivery by early 2019, thereby driving the profit for global industrial valves market.

COVID-19 Impact Analysis:

The restrictions imposed by various nations to contain COVID had stopped the demand and supply resulting in a disruption across the whole supply chain. Pandemic has shut down the entire world due to outbreak. The market would remain bullish in upcoming year.  The significant decrease in the global Industrial Valves market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.  

Global Industrial Valves Market Size

Growth Factors

Developing nations such as China, India, and Brazil are incessantly branching out their industrial infrastructure, thereby flourishing the development of global industrial valves market. Increasing urbanization has resulted in global industrial valves market to develop rapidly from the last couple of years. Rising offshore gas and oil projects all over the world, reduced operating costs, rising demand from process & manufacturing sector due to enhanced safety, and enduring efforts to extend water infrastructures in developing nations are the major reasons likely to favor the development of global industrial valves market.  

On the other hand, vagueness in crude oil costs that makes the project fiscally unstable might hinder the growth of global industrial valves market in the coming years. Nevertheless, increasing requirement of energy from all sections is likely to open up new opportunities of development for the global industrial valves market in the years to come.

Report Scope:  

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Segment Analysis Preview  

On the basis of Type, Industrial Valves market has been divided as Gate, Butterfly, Ball, Check, Globe. Ball valve held the major share in the market. Ball valves are straight-through & quarter-turn valves employed in conditions where tight shut-off is needed.

On the basis of application, the market is segmented into Oil & Gas, Chemical, Power, Water & Wastewater and Other. Employment of gate valves in application industry such as gas & oil industry, manufacturing, pharmaceuticals, marine, and automotive is likely to experience noteworthy growth for the global industrial valves market in the forecast period.

Regional Analysis Preview  

Asia Pacific ruled the Industrial Valves market with over 35.5% share and has a sturdy attendance in the market. Rising offshore gas and oil projects all over the world, reduced operating costs, rising demand from process & manufacturing sector due to enhanced safety, and enduring efforts to extend water infrastructures in developing nations are the major reasons likely to favor the development of global industrial valves market.

Global Industrial Valves Market Share

Key Market Players & Competitive Landscape

The major players operating Industrial Valves market are Alfa Laval, Velan Inc., Delta Pacific Valves Ltd., GWC Valve International Inc., Cameron International, Goodwin Plc, Camtech Valves, Pentair Plc., Neway Valve (Suzhou) Co., Ltd. and Valvitalia S.P.A amongst others.

Global Industrial Valves Market Regional Analysis

 The global Industrial Valves Market is segmented as follows:

By Type

  • Gate valve
  • Butterfly valve
  • Ball valve
  • Check valve
  • Globe valve

By Applications   

  • Oil & gas
  • Chemical
  • Power
  • Water & wastewater
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Industrial Valves Market, 2016 – 2028 (USD Billion)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Industrial Valves Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Gate valve
      • 4.2.1. Market Size and Forecast, By Region (USD Billion)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Butterfly valve
      • 4.3.1. Market Size and Forecast, By Region (USD Billion)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Ball valve
      • 4.4.1. Market Size and Forecast, By Region (USD Billion)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Check valve
      • 4.5.1. Market Size and Forecast, By Region (USD Billion)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Globe valvees
      • 4.6.1. Market Size and Forecast, By Region (USD Billion)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Industrial Valves Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Oil & gas
      • 5.2.1. Market Size and Forecast, By Region (USD Billion)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Chemical
      • 5.3.1. Market Size and Forecast, By Region (USD Billion)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Power
      • 5.4.1. Market Size and Forecast, By Region (USD Billion)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Water & wastewater
      • 5.5.1. Market Size and Forecast, By Region (USD Billion)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Others
      • 5.6.1. Market Size and Forecast, By Region (USD Billion)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Billion)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.2.2. North America Market Revenue, By Type, 2016 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2016 – 2028
      • 6.2.5. U.S.
        • 6.2.5.1. U.S. Market Revenue, By Type, 2016 – 2028
        • 6.2.5.2. U.S. Market Revenue, By Application, 2016 – 2028
      • 6.2.6. Canada
        • 6.2.6.1. Canada Market Revenue, By Type, 2016 – 2028
        • 6.2.6.2. Canada Market Revenue, By Application, 2016 – 2028
      • 6.2.7. Mexico
        • 6.2.7.1. Mexico Market Revenue, By Type, 2016 – 2028
        • 6.2.7.2. Mexico Market Revenue, By Application, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.3.2. Europe Market Revenue, By Type, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2016 – 2028
      • 6.3.5. Germany
        • 6.3.5.1. Germany Market Revenue, By Type, 2016 – 2028
        • 6.3.5.2. Germany Market Revenue, By Application, 2016 – 2028
      • 6.3.6. France
        • 6.3.6.1. France Market Revenue, By Type, 2016 – 2028
        • 6.3.6.2. France Market Revenue, By Application, 2016 – 2028
      • 6.3.7. U.K.
        • 6.3.7.1. U.K. Market Revenue, By Type, 2016 – 2028
        • 6.3.7.2. U.K. Market Revenue, By Application, 2016 – 2028
      • 6.3.8. Italy
        • 6.3.8.1. Italy Market Revenue, By Type, 2016 – 2028
        • 6.3.8.2. Italy Market Revenue, By Application, 2016 – 2028
      • 6.3.9. Spain
        • 6.3.9.1. Spain Market Revenue, By Type, 2016 – 2028
        • 6.3.9.2. Spain Market Revenue, By Application, 2016 – 2028
      • 6.3.10. Rest of Europe
        • 6.3.10.1. Rest of Europe Market Revenue, By Type, 2016 – 2028
        • 6.3.10.2. Rest of Europe Market Revenue, By Application, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2016 – 2028
      • 6.4.5. China
        • 6.4.5.1. China Market Revenue, By Type, 2016 – 2028
        • 6.4.5.2. China Market Revenue, By Application, 2016 – 2028
      • 6.4.6. Japan
        • 6.4.6.1. Japan Market Revenue, By Type, 2016 – 2028
        • 6.4.6.2. Japan Market Revenue, By Application, 2016 – 2028
      • 6.4.7. India
        • 6.4.7.1. India Market Revenue, By Type, 2016 – 2028
        • 6.4.7.2. India Market Revenue, By Application, 2016 – 2028
      • 6.4.8. South Korea
        • 6.4.8.1. South Korea Market Revenue, By Type, 2016 – 2028
        • 6.4.8.2. South Korea Market Revenue, By Application, 2016 – 2028
      • 6.4.9. South-East Asia
        • 6.4.9.1. South-East Asia Market Revenue, By Type, 2016 – 2028
        • 6.4.9.2. South-East Asia Market Revenue, By Application, 2016 – 2028
      • 6.4.10. Rest of Asia Pacific
        • 6.4.10.1. Rest of Asia Pacific Market Revenue, By Type, 2016 – 2028
        • 6.4.10.2. Rest of Asia Pacific Market Revenue, By Application, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.5.2. Latin America Market Revenue, By Type, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2016 – 2028
      • 6.5.5. Brazil
        • 6.5.5.1. Brazil Market Revenue, By Type, 2016 – 2028
        • 6.5.5.2. Brazil Market Revenue, By Application, 2016 – 2028
      • 6.5.6. Argentina
        • 6.5.6.1. Argentina Market Revenue, By Type, 2016 – 2028
        • 6.5.6.2. Argentina Market Revenue, By Application, 2016 – 2028
      • 6.5.7. Rest of Latin America
        • 6.5.7.1. Rest of Latin America Market Revenue, By Type, 2016 – 2028
        • 6.5.7.2. Rest of Latin America Market Revenue, By Application, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Billion)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.5. GCC Countries
        • 6.6.5.1. GCC Countries Market Revenue, By Type, 2016 – 2028
        • 6.6.5.2. GCC Countries Market Revenue, By Application, 2016 – 2028
      • 6.6.6. South Africa
        • 6.6.6.1. South Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.6.2. South Africa Market Revenue, By Application, 2016 – 2028
      • 6.6.7. Rest of Middle-East Africa
        • 6.6.7.1. Rest of Middle-East Africa Market Revenue, By Type, 2016 – 2028
        • 6.6.7.2. Rest of Middle-East Africa Market Revenue, By Application, 2016 – 2028
  • Chapter No. 7: Industrial Valves Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Type Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Industrial Valves Market: Company Market Share, 2019
      • 8.1.2. Global Industrial Valves Market, Company Market Revenue, 2016 – 2019 (USD Billion)
      • 8.1.3. Global Industrial Valves Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Industrial Valves Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Alfa Laval
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Velan Inc
    • 9.3. Delta Pacific Valves Ltd
    • 9.4. GWC Valve International Inc
    • 9.5. Cameron International
    • 9.6. Goodwin Plc
    • 9.7. Camtech Valves
    • 9.8. Pentair Plc
    • 9.9. Neway Valve (Suzhou) Co
    • 9.10. Valvitalia S.P.A
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Industrial Valves Market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028 
FIG NO. 7. Global Industrial Valves Market for Gate valve, Revenue (USD Billion) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Industrial Valves Market for Gate valve, By Country, 2020 & 2028
FIG NO. 9. Global Industrial Valves Market for Butterfly valve, Revenue (USD Billion) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Industrial Valves Market for Butterfly valve, By Country, 2020 & 2028
FIG NO. 11. Global Industrial Valves Market for Ball valve, Revenue (USD Billion) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Industrial Valves Market for Ball valve, By Country, 2020 & 2028
FIG NO. 13. Global Industrial Valves Market for Check valve, Revenue (USD Billion) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Industrial Valves Market for Check valve, By Country, 2020 & 2028
FIG NO. 15. Global Industrial Valves Market for Globe valve, Revenue (USD Billion) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Industrial Valves Market for Globe valve, By Country, 2020 & 2028
FIG NO. 17. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 18. Global Industrial Valves Market for Oil & gas, Revenue (USD Billion) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Industrial Valves Market for Oil & gas, By Country, 2020 & 2028 
FIG NO. 20. Global Industrial Valves Market for Chemical, Revenue (USD Billion) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Industrial Valves Market for Chemical, By Country, 2020 & 2028
FIG NO. 22. Global Industrial Valves Market for Power, Revenue (USD Billion) 2016 – 2028 
FIG NO. 23. Comparative Revenue Analysis of Industrial Valves Market for Power, By Country, 2020 & 2028
FIG NO. 24. Global Industrial Valves Market for Water & wastewater, Revenue (USD Billion) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Industrial Valves Market for Water & wastewater, By Country, 2020 & 2028
FIG NO. 26. Global Industrial Valves Market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Industrial Valves Market for Others, By Country, 2020 & 2028
FIG NO. 28. Global Industrial Valves Market Revenue Share, By Region, 2020 & 2028
FIG NO. 29. North America Industrial Valves Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 30. Porter’s Five Forces Analysis for Global Industrial Valves Market
FIG NO. 31. PEST Analysis for Global Industrial Valves Market
FIG NO. 32. Pricing Analysis for Global Industrial Valves Market
FIG NO. 33. Value Chain Analysis for Global Industrial Valves Market
FIG NO. 34. Company Share Analysis, 2019
FIG NO. 35. Radar Determinant Chart, 2019
FIG NO. 36. Company Strategic Developments – Heat Map Analysis
FIG NO. 37. Alfa Laval Business Segment Revenue Share, 2020 (%)
FIG NO. 38. Alfa Laval Geographical Segment Revenue Share, 2020 (%)
FIG NO. 39. Market Channels 
FIG NO. 40. Marketing Channel Development Trend
FIG NO. 41. Growth in World Gross Product, 2008-2018
FIG NO. 42. Research Methodology – Detailed View
FIG NO. 43. Research Methodology
 


Table Of Tables

List of Tables 

TABLE NO. 1. Global Industrial Valves Market: Snapshot
TABLE NO. 2. Quarterly Industrial Valves Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Industrial Valves Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion) 
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion) 
TABLE NO. 6. Global Industrial Valves Market for Gate valve, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. Global Industrial Valves Market for Butterfly valve, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. Global Industrial Valves Market for Ball valve, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. Global Industrial Valves Market for Check valve, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. Global Industrial Valves Market for Globe valve, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 11: Global Industrial Valves Market for Oil & gas, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 12: Global Industrial Valves Market for Chemical, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 13. Global Industrial Valves Market for Power, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 14. Global Industrial Valves Market for Water & wastewater, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 15. Global Industrial Valves Market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 16. Global Industrial Valves Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 17: North America Industrial Valves Market Revenue, By Country, 2016 – 2028 (USD Billion)
TABLE NO. 18. North America Industrial Valves Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 19: North America Industrial Valves Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 20. U.S. Industrial Valves Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 21. U.S. Industrial Valves Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 22. Canada Industrial Valves Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 23. Canada Industrial Valves Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 24. Mexico Industrial Valves Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 25. Mexico Industrial Valves Market Revenue, By Application, 2016 – 2028 (USD Billion)
TABLE NO. 26. Drivers for the Industrial Valves Market: Impact Analysis
TABLE NO. 27. Restraints for the Industrial Valves Market: Impact Analysis
TABLE NO. 28. Major Buyers of Industrial Valves 
TABLE NO. 29. Distributors/Traders List of Industrial Valves
TABLE NO. 30. Global Industrial Valves Market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 31: Global Industrial Valves Market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)   
 

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Industrial Valves market. Zion Research has collected and analyzed key data belong to the global Industrial Valves market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account while estimating market size. The revenue generated by the leading industry participants in from the sales of Industrial Valves across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assistedin validation of findings from secondary research and to understand key trends in the Industrial Valves industry. Primary research makes up a major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Industrial Valves market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Industrial valves are used to control the flow of liquids and gases through pipeline. The size of valve specific and is related to the volume of fluids that expected to flow through it. These valves can be operated manually or automatically. The liquids and gases industry is hazardous and any mishap leads to environmental degradation and delay in operations.

The growth of the industrial valves market has been attributed to increasing demand in industries such as oil and gas, wastewater and power among others. Furthermore, expanding industrial infrastructure in emerging markets such as Brazil, India, and China, increasing offshore oil and gas projects, improved safety and reduced operating costs are the major driving factor expected to impact industrial valve market positively. However, a price war among vendors and strict government regulations and policies is expected to pose a challenge to market growth. However, uncertainty in crude oil prices which makes the project economically unstable. This fact may hamper the market growth over years to come. Nonetheless, rising demand of energy from all sectors across the world is expected to open up new growth opportunities in near future.

Global Industrial Valves Market

Gate valve, butterfly valve, ball valve, check valve and globe valve are the different types of industrial valves. Ball valves segment registered for over 20% of the revenue share in 2015. Ball valves are primarily used for flow control and situations where tight shut-off is required. In term of application, the market is categorized under oil & gas, chemical, power, water & wastewater, and other application.

Industrial valves market is growing at the rapid pace due to increasing energy demand in the developing countries, such as India and China, of Asia-Pacific region. There are several production projects planned in regions such as West Africa and Brazil. West Africa and Brazil are some of the major regions for offshore oil and gas investments.

Key players profiled in the report include Alfa Laval, Velan Inc., GWC Valve International Inc., Delta Pacific Valves Ltd., Cameron International, Goodwin Plc , Camtech Valves , Pentair Plc. , Neway Valve (Suzhou) Co., Ltd. and Valvitalia S.P.A amongst others.

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The global Industrial Valves Market was valued at USD 64.1 Billion in 2020.

The global Industrial Valves Market is expected to reach USD 109.1 Billion by 2028, growing at a CAGR of 6.5% between 2021 to 2028.

Some of the key factors driving the global Industrial Valves Market growth are Developing nations such as China, India, and Brazil are incessantly branching out their industrial infrastructure, and   increasing requirement of energy from all sections.

Asia Pacific ruled the Industrial Valves market with over 35.5% share and has a sturdy attendance in the market. Rising offshore gas and oil projects all over the world, reduced operating costs, rising demand from process & manufacturing sector due to enhanced safety, and enduring efforts to extend water infrastructures in developing nations are the major reasons likely to favor the development of global industrial valves market.

Some of the major players of global Industrial Valves market includes Alfa Laval, Velan Inc., Delta Pacific Valves Ltd., GWC Valve International Inc., Cameron International, Goodwin Plc, Camtech Valves, Pentair Plc., Neway Valve (Suzhou) Co., Ltd. and Valvitalia S.P.A amongst others.

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