Industrial Valves Market

Market Overview:

The global industrial valves market grew at a CAGR of around 4% during 2014-2019. Industrial valves are electromechanical devices used to regulate the flow and pressure of a liquid, gas, vapor, powder and slurry in a piping system. These valves comprise the body, trim, discs, seats, stem packing, end connectors, sealing rings, bonnet shell, union bolts, yoke and yoke nut, and operators and actuators. They help stop the flow rate through the pipe whenever required, prevent flow return to the pressurized side and protect equipment from overpressure hazards. Different types of industrial valves are presently available in the market based on their sizes, designs, functions and operations. These valves find extensive applications in the refinery, chemical, pharmaceutical, water & wastewater treatment, food and beverage (F&B), power, and oil & gas sectors worldwide

Rapid industrialization, in confluence with the increasing automation in industrial processes, represents one of the key factors impelling the market growth. Apart from this, the rising number of oil and gas (O&G) exploration activities in offshore areas, coupled with the increasing energy demand, is acting as another major growth-inducing factor. Additionally, expanding nuclear power stations and petroleum refining plants is bolstering the market growth. Moreover, the rising pipeline installations and escalating demand for monitoring and controlling them from a centralized location are influencing the market positively. Furthermore, the integration of smart control systems and the rising adoption of diagnostics in industrial valves help monitor upstream and downstream pressure stem position, temperature and flow rate. This, along with the escalating demand for monitoring municipal wastewater flow, is also contributing to the market growth. The growing traction of renewable energy sources for generating electricity is anticipated to drive the market in the coming years. Looking forward, IMARC Group expects the global industrial valves market to exhibit moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial valves market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product type, functionality, material, size and end use industry.

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
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being AVK Holding A/S, Cameron International Corporation (Schlumberger), The Crane Company,  Emerson Electric Co., Flowserve Corporation, Forbes Marshall, IMI Plc, Kitz Corporation, Neway Valves (Suzhou) Co. Ltd., Samson AG and Velan Inc.

Key Questions Answered in This Report:

• How has the global industrial valves market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global industrial valves market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the functionality?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the size?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global industrial valves market and who are the key players?
• What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Industrial Valves Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Gate Valve
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Globe Valve
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Butterfly Valve
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Ball Valve
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Check Valve
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Plug Valve
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Functionality
    7.1    On-Off / Isolation Valves
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Control Valves
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Material
    8.1    Steel
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Cast Iron
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Alloy Based
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Size
    9.1    Upto 1”
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    1” – 6”
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    7” – 25”
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    26” – 50”
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    51” and Above
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Application
    10.1    Oil and Gas
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Power
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Pharmaceutical
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Water and Wastewater Treatment
        10.4.1 Market Trends
        10.4.2 Market Forecast
    10.5    Chemical
        10.5.1 Market Trends
        10.5.2 Market Forecast
    10.6    Food and Beverage
        10.6.1 Market Trends
        10.6.2 Market Forecast
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Forecast
11    Market Breakup by Region
    11.1    North America
        11.1.1 United States
           11.1.1.1 Market Trends
           11.1.1.2 Market Forecast
        11.1.2 Canada
           11.1.2.1 Market Trends
           11.1.2.2 Market Forecast
    11.2    Asia Pacific
        11.2.1 China
           11.2.1.1 Market Trends
           11.2.1.2 Market Forecast
        11.2.2 Japan
           11.2.2.1 Market Trends
           11.2.2.2 Market Forecast
        11.2.3 India
           11.2.3.1 Market Trends
           11.2.3.2 Market Forecast
        11.2.4 South Korea
           11.2.4.1 Market Trends
           11.2.4.2 Market Forecast
        11.2.5 Australia
           11.2.5.1 Market Trends
           11.2.5.2 Market Forecast
        11.2.6 Indonesia
           11.2.6.1 Market Trends
           11.2.6.2 Market Forecast
        11.2.7 Others
           11.2.7.1 Market Trends
           11.2.7.2 Market Forecast
    11.3    Europe
        11.3.1 Germany
           11.3.1.1 Market Trends
           11.3.1.2 Market Forecast
        11.3.2 France
           11.3.2.1 Market Trends
           11.3.2.2 Market Forecast
        11.3.3 United Kingdom
           11.3.3.1 Market Trends
           11.3.3.2 Market Forecast
        11.3.4 Italy
           11.3.4.1 Market Trends
           11.3.4.2 Market Forecast
        11.3.5 Spain
           11.3.5.1 Market Trends
           11.3.5.2 Market Forecast
        11.3.6 Russia
           11.3.6.1 Market Trends
           11.3.6.2 Market Forecast
        11.3.7 Others
           11.3.7.1 Market Trends
           11.3.7.2 Market Forecast
    11.4    Latin America
        11.4.1 Brazil
           11.4.1.1 Market Trends
           11.4.1.2 Market Forecast
        11.4.2 Mexico
           11.4.2.1 Market Trends
           11.4.2.2 Market Forecast
        11.4.3 Others
           11.4.3.1 Market Trends
           11.4.3.2 Market Forecast
    11.5    Middle East and Africa
        11.5.1 Market Trends
        11.5.2 Market Breakup by Country
        11.5.3 Market Forecast
12    SWOT Analysis
    12.1    Overview
    12.2    Strengths
    12.3    Weaknesses
    12.4    Opportunities
    12.5    Threats
13    Value Chain Analysis
14    Porters Five Forces Analysis
    14.1    Overview
    14.2    Bargaining Power of Buyers
    14.3    Bargaining Power of Suppliers
    14.4    Degree of Competition
    14.5    Threat of New Entrants
    14.6    Threat of Substitutes
15    Price Analysis
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players
        16.3.1    AVK Holding A/S
           16.3.1.1 Company Overview
           16.3.1.2 Product Portfolio 
        16.3.2    Cameron International Corporation (Schlumberger)
           16.3.2.1 Company Overview
           16.3.2.2 Product Portfolio
        16.3.3    The Crane Company
           16.3.3.1 Company Overview
           16.3.3.2 Product Portfolio 
        16.3.4    Emerson Electric Co.
           16.3.4.1 Company Overview
           16.3.4.2 Product Portfolio 
        16.3.5    Flowserve Corporation
           16.3.5.1 Company Overview
           16.3.5.2 Product Portfolio 
        16.3.6    Forbes Marshall
           16.3.6.1 Company Overview
           16.3.6.2 Product Portfolio 
        16.3.7    IMI Plc
           16.3.7.1 Company Overview
           16.3.7.2 Product Portfolio
        16.3.8    Kitz Corporation
           16.3.8.1 Company Overview
           16.3.8.2 Product Portfolio 
        16.3.9    Neway Valves (Suzhou) Co. Ltd.
           16.3.9.1 Company Overview
           16.3.9.2 Product Portfolio
        16.3.10    Samson AG
           16.3.10.1 Company Overview
           16.3.10.2 Product Portfolio 
        16.3.11    Velan Inc.
           16.3.11.1 Company Overview
           16.3.11.2 Product Portfolio 

List of Figures

Figure 1: Global: Industrial Valves Market: Major Drivers and Challenges
Figure 2: Global: Industrial Valves Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Industrial Valves Market: Breakup by Product Type (in %), 2019
Figure 4: Global: Industrial Valves Market: Breakup by Functionality (in %), 2019
Figure 5: Global: Industrial Valves Market: Breakup by Material (in %), 2019
Figure 6: Global: Industrial Valves Market: Breakup by Size (in %), 2019
Figure 7: Global: Industrial Valves Market: Breakup by End Use Industry (in %), 2019
Figure 8: Global: Industrial Valves Market: Breakup by Region (in %), 2019
Figure 9: Global: Industrial Valves Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 10: Global: Industrial Valves (Gate Valve) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Industrial Valves (Gate Valve) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Industrial Valves (Globe Valve) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Industrial Valves (Globe Valve) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Industrial Valves (Butterfly Valve) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Industrial Valves (Butterfly Valve) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Industrial Valves (Ball Valve) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Industrial Valves (Ball Valve) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Industrial Valves (Check Valve) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Industrial Valves (Check Valve) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Industrial Valves (Plug Valve) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Industrial Valves (Plug Valve) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Industrial Valves (Other Valve Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Industrial Valves (Other Valve Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Industrial Valves (On-Off / Isolation Valves) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Industrial Valves (On-Off / Isolation Valves) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Industrial Valves (Control Valves) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Industrial Valves (Control Valves) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Industrial Valves (Steel) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Industrial Valves (Steel) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Industrial Valves (Cast Iron) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Industrial Valves (Cast Iron) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Industrial Valves (Alloy Based) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Industrial Valves (Alloy Based) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Global: Industrial Valves (Other Material Types) Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Global: Industrial Valves (Other Material Types) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Global: Industrial Valves (Upto 1”) Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Global: Industrial Valves (Upto 1”) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Global: Industrial Valves (1” – 6”) Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Global: Industrial Valves (1” – 6”) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Global: Industrial Valves (7” – 25”) Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Global: Industrial Valves (7” – 25”) n) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Global: Industrial Valves (26”- 50”) Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Global: Industrial Valves (26”- 50”) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Global: Industrial Valves (51” and Above) Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Global: Industrial Valves (51” and Above) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Global: Industrial Valves (Oil and Gas) Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Global: Industrial Valves (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Global: Industrial Valves (Power) Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Global: Industrial Valves (Power) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Global: Industrial Valves (Pharmaceutical) Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Global: Industrial Valves (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Global: Industrial Valves (Water and Wastewater Treatment) Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Global: Industrial Valves (Water and Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Global: Industrial Valves (Chemical) Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Global: Industrial Valves (Chemical) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Global: Industrial Valves (Food and Beverages) Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Global: Industrial Valves (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Global: Industrial Valves (Other End Use Industries) Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Global: Industrial Valves (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: North America: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: North America: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: United States: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: United States: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Canada: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Canada: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Asia Pacific: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Asia Pacific: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: China: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: China: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Japan: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Japan: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: India: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: India: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: South Korea: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: South Korea: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Australia: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Australia: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Indonesia: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Indonesia: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Others: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Others: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Europe: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Europe: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Germany: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 85: Germany: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 86: France: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 87: France: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 88: United Kingdom: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 89: United Kingdom: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 90: Italy: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 91: Italy: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 92: Spain: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 93: Spain: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 94: Russia: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 95: Russia: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 96: Others: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 97: Others: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 98: Latin America: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 99: Latin America: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 100: Brazil: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 101: Brazil: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 102: Mexico: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 103: Mexico: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 104: Others: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 105: Others: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 106: Middle East and Africa: Industrial Valves Market: Sales Value (in Million US$), 2014 & 2019
Figure 107: Middle East and Africa: Industrial Valves Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 108: Global: Industrial Valves Industry: SWOT Analysis
Figure 109: Global: Industrial Valves Industry: Value Chain Analysis
Figure 110: Global: Industrial Valves Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Industrial Valves Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Industrial Valves Market Forecast: Breakup by Product Type (in Million US$), 2020-2025
Table 3: Global: Industrial Valves Market Forecast: Breakup by Functionality (in Million US$), 2020-2025
Table 4: Global: Industrial Valves Market Forecast: Breakup by Material (in Million US$), 2020-2025
Table 5: Global: Industrial Valves Market Forecast: Breakup by Size (in Million US$), 2020-2025
Table 6: Global: Industrial Valves Market Forecast: Breakup by End Use Industry (in Million US$), 2020-2025
Table 7: Global: Industrial Valves Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 8: Global: Industrial Valves Market Structure
Table 9: Global: Industrial Valves Market: Key Players