The global industrial valve market forecast 2020-2027 report provides comprehensive coverage of the market through market segments, in-depth regional level analysis, and identifies the key drivers, restraints, growth opportunities, and competitive scenarios in the market. The industrial valve market report offers extensive insight and analysis of the market over the next six years (2020-2027) and evaluates the impact of the COVID-19 outbreak on the industry.
Global Industrial Valve Market Overview
The major factors contributing to the growth of the global industrial valves market include the accelerating demand for these valves, especially in the oil and gas production and the strong demand for flow control equipment at the global level. The increasing demand for automation derived from the rapid industrialization and the expansion of existing facilities will further energize the demand of the global industrial valves market. The smart industrial valves are being increasingly by numerous end-users to enhance efficiency. Additionally, the increasing adoption of diagnostics and smart technologies in the industrial valves is directly surging the demand for industrial valves over the forecast period.
The growing installation of pipelines and the increasing application of these valves, followed by the continuous technological advancement in the industrial valves, such as the launching of smart valves with an integrated network capability and embedded processor, will attract many customers into the market. On the other edge of the spectrum, the fluctuations in the prices of raw materials and the increasing number of stringent regulations implemented by the government for conventional power plants are likely to hamper the growth of the market.
Global Industrial Valve Market Competitive Rivalry
The industrial valves market report includes an analysis of the competitive landscape present in the global industrial valves market. It includes an assessment of the existing and upcoming trends that players can invest in. The leading players in the global industrial valve market are Emerson Electric Co., Crane Co., Flowserve Corporation, Metso Corporation, Schlumberger Limited, The Weir Group PLC, IMI PLC, Spirax Sarco Limited, KITZ Corporation, and Neway Valve, among others.
Global Industrial Valve Market Segmentation
On the basis of material, the industrial valve market report represents the market share, revenue, and growth rate of each material, which is further divided into
- Stainless Steel
- Cast Iron
- Cryogenic
- Alloy Based
- Others
- Brass
- Bronze
- Plastic
On the basis of valve type, the industrial valve market report studies the market share, revenue, and growth rate of each valve type, which is further divided into
- Ball Valves
- Butterfly Valves
- Check Valves
- Diaphragm Valves
- Gate Valves
- Standard Plate Gate Valves
- Wedge Gate Valves
- Knife Gate Valves
- Globe Valves
- Plug Valves
- Safety Valves
On the basis of size, the industrial valve market report focuses on the market share, revenue, and growth of each size, which is further divided into
- Up to 1”
- 1–6”
- 6–25”
- 25–50”
- 50” & Larger
On the basis of industry, the industrial valves market report focuses on the market share, revenue, and growth of each industry, which is further divided into
- Oil & Gas
- Water & Wastewater Treatment
- Energy & Power
- Chemicals
- Food & Beverages
- Pharmaceuticals
- Construction
- Agriculture
- Pulp & Paper
- Metals & Mining
- Others
Geographic Segmentation
The industrial valve market report splits the market into North America, Europe, Asia Pacific, and the Rest of the World, with revenue, market share, and growth rate of all of these regions, from 2020-2027:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
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