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1013745

Control Valve Market - Forecasts from 2021 to 2026

Published: | Knowledge Sourcing Intelligence | 110 Pages | Delivery time: 1-2 business days

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Control Valve Market - Forecasts from 2021 to 2026
Published: September 29, 2021
Knowledge Sourcing Intelligence
Content info: 110 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

The Control Valve market is expected to grow at a compound annual growth rate of 5.01% over the forecast period to reach a market size of US$11.641 billion in 2026, from US$8.267 billion in 2019. A control valve is 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 the 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 valves 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 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 Organization 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 protect 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

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
Product Code: KSI061610214

Table of Contents

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