Industrial Valves Market Report, Top Companies, Industry Growth and Opportunity 2021-26

According to IMARC Group’s latest report, titled “Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global industrial valves market is expected to grow at a CAGR of 7.6% during 2021-2026. Industrial valves are mechanical devices used to regulate the flow and pressure of liquids, gases, and slurries in a piping system. The major components of valves are body (or enclosure), bonnet, actuator, valve member and seat. Industrial valves assist in stopping the flow rate through the pipe whenever required, prevent flow return to the pressurized side and protect equipment from overpressure hazards. These valves are available in numerous types based on different sizes, designs, functions and operations. As a result, industrial valves are widely adopted across the chemical, pharmaceutical, water & wastewater treatment, food and beverage (F&B), power, and oil & gas sectors.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Market Trends and Drivers:

Rapid industrialization, along with the increasing automation in industrial processes, is currently bolstering the industrial valves market. Apart from this, the growing number of oil and gas (O&G) exploration activities in both onshore and offshore locations, is further propelling the demand for industrial valves. Additionally, continuous upgradations in nuclear power stations and petroleum refining plants for remote monitoring from a centralized locations are further augmenting the market growth. Moreover, the rising integration of industrial valves with smart water metering systems in water and wastewater treatment plants will continue to drive the market growth in the coming years.

Industrial Valves Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the industrial valves market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Forbes Marshall
• Cameron International Corporation (Schlumberger)
• Kitz Corporation
• Emerson Electric Co.
• Flowserve Corporation
• The Crane Company
• Neway Valves (Suzhou) Co. Ltd.
• AVK Holding A/S
• Samson AG and Velan Inc.

Key Market Segmentation:

The report has segmented the global industrial valves market on the basis of product type, functionality, material, size, end use industry and region.

Breakup by Product Type:

• Gate Valve
• Globe Valve
• Butterfly Valve
• Ball Valve
• Check Valve
• Plug Valve
• Others

Breakup by Functionality:

• On-Off / Isolation Valves
• Control Valves

Breakup by Material:                    

• Steel
• Cast Iron
• Alloy Based
• Others

Breakup by Size:                                

• Up To 1”
• 1”-6”
• 7”-25”
• 26”-50”
• 51” and Above

Breakup by End Use Industry:

• Oil and Gas
• Power
• Pharmaceutical
• Water and Wastewater Treatment
• Chemical
• Food and Beverage
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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Key Highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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