Control Valve Market Size, Share, Opportunities, And Trends By Valve Type (Linear Valves And Rotary Valves), By Material (Steel, Iron And Others), By Size (Less Than 2'', 2'' To 8'' And Above 8''), By Industry Vertical (Oil And Gas, Water And Waste Water, Food And Beverages, Energy And Power And Others), And By Geography - Forecasts From 2025 To 2030
- Published : Nov 2024
- Report Code : KSI061610214
- Pages : 147
The control valve market is projected to grow at a CAGR of 4.01% during the forecast period.
A control valve has been known as a power-operated device or unit that is used in the manipulation or regulation of the overall flow of fluids, like steam, water, oil, and gas. The market is expected to surge in the coming years, due to the increasing demand for control valves in various sectors, such as the water & wastewater sector, oil & gas sector, food & beverage, and others. The rise in investments aiming at the development of novel and advanced control valve products and solutions is expected to be a major factor in the market growth, in the coming years. Countries, such as the United States, India, and China, are expected to enhance their market growth, in the coming years.
Latest Developments
Major firms and corporations have been making significant developments in the market, in the past few years.
- In September 2021, Burkert, one of the major players in the market, announced that it had launched a novel low maintenance and durable on/off control valve for controlling and switching steam, liquids, and gases in the food and process industries. These industries have been suitable and applicable for media pressures up to 25 bar. The company had been offering a diverse range of electric and pneumatically operated on/off motors and control valves for various applications.
- In September 2021, FlowWorks announced that it had acquired a key distributor of control valves, known as Genesis Systems. The company had stated that under this acquisition, its customers and clients would be able to benefit from a wide range of products. FloWorks had been backed by Clearlake Capital Group L.P.
Increasing demand in the water & wastewater industry
The market is expected to surge in the coming years, due to the rising demand for control valves in the water and wastewater sector, worldwide. According to the United Nations Sustainable Development Report, around US$ 6.7 trillion by the year 2030 to around US$22.6 trillion by 2050 investment has been needed in water security. The Food and Agriculture Organisation had stated that around US$960 billion of global capital investment had been needed to enhance and expand the irrigation services between 2007 and 2050, in around 93 developing nations. Control valves are widely used in the water sector. It helps in the optimization of water flow through pump control stations. It also helps prevent slamming concerns and protects against reverse flow. A plethora of firms and corporations have been making significant developments in the market. For instance, Flomatic, a key valve producer certified under ISO 9001, has been offering control valves to its customers. The company has been offering automatic control valves. Its valves also work with hydraulic pilots and actuators. These trends and developments are projected to enhance the market growth, in the coming years.
Segmentation:
- By Valve type
- Linear Valves
- Globe Valves
- Pinch Valves
- Others
- Rotary Valves
- Ball Valves
- Plug Valves
- Butterfly Valves
- Linear Valves
- By Material
- Steel
- Iron
- Others
- By Size
- Less than 2”
- 2” to 8”
- Above 8”
- By End User Industry
- Water & Wastewater
- Food & Beverage
- Energy & Power
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Thailand
- Taiwan
- Indonesia
- Others
- North America
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Control Valve Market Analysis, By Valve type
5.1. Introduction
5.2. Linear Valves
5.2.1. Globe Valves
5.2.2. Pinch Valves
5.2.3. Others
5.3. Rotary Valves
5.3.1. Ball Valves
5.3.2. Plug Valves
5.3.3. Butterfly Valves
6. Control Valve Market Analysis, By Material
6.1. Introduction
6.2. Steel
6.3. Iron
6.4. Others
7. Control Valve Market Analysis, By Size
7.1. Introduction
7.2. Less than 2”
7.3. 2” to 8”
7.4. Above 8”
8. Control Valve Market Analysis, By End User Industry
8.1. Introduction
8.2. Water & Wastewater
8.3. Food & Beverage
8.4. Energy & Power
8.5. Others
9. Control Valve Market Analysis, By Geography
9.1. Introduction
9.2. North America
9.2.1. United States
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. UK
9.4.2. France
9.4.3. Germany
9.4.4. Spain
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Israel
9.5.4. Others
9.6. Asia Pacific
9.6.1. Japan
9.6.2. China
9.6.3. India
9.6.4. Thailand
9.6.5. Taiwan
9.6.6. Indonesia
9.6.7. Australia
9.6.8. Others
10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. Company Profiles
11.1. Emerson
11.2. Velan Inc
11.3. Alfa Laval
11.4. Samson AG
11.5. Burkert Fluid Control System
11.6. Curtiss-Wright Corporation
11.7. Neway Valves
11.8. Flowserve Corporation
11.9. Neles
11.10. The Weir Group PLC
Emerson
Velan Inc
Alfa Laval
Burkert Fluid Control System
Curtiss-Wright Corporation
Neway Valves
Flowserve Corporation
Neles
The Weir Group PLC
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