PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1235951
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1235951
Diaphragm Valve Market Forecasts to 2028 - Global Analysis By Product, Sales Channel, End User and Geography
According to Stratistics MRC, the Global Diaphragm Valve Market is growing at a CAGR of 9.5% during the forecast period. A diaphragm valve is a type of valve used to shut off and throttle the flow of liquids, slurries, vacuum, or gas. During chemical processing and waste disposal, the diaphragm valve is primarily used to provide safety and isolation from containment. These valves come with a glass lining, metal, rubber, or plastic exterior. The expansion of nuclear power plants is encouraged by the rising energy demand around the world, which is good news for the diaphragm valve market.
According to the American Society of Mechanical Engineers' Bioprocessing Equipment Standard, Revision 2009 (ASME BPE 2009), Appendix J, Sub-section J2, Simulated Steam-in-Place (SIP) for diaphragm valves indicates that the round diaphragm in the next-generation diaphragm valve has about twice the lifespan of the traditional square diaphragm. This reduces the cost of diaphragm valve spare parts and further reduces maintenance and downtime.
Market Dynamics:
Driver:
Increasing demand from various end-use industries
The increasing demand from various end-use industries in various countries, such as water treatment, pharmaceutical, and food and beverage, for valves that can handle corrosive and abrasive materials, is driving the growth of the diaphragm valves market. Demand for advanced valves, including diaphragm valves, is increasing as industrial automation becomes more prevalent. These valves can be integrated into automated systems, ensuring that they operate smoothly and efficiently.
Restraint:
Limited application scope in competitive market
Due to their design and construction, diaphragm valves have a limited range of applications in a competitive market. They can handle low-pressure applications but not high-temperature or high-pressure applications, which may limit their use in some industries. Moreover, numerous players are offering similar products. This intense competition may have an impact on market growth because companies may have to compete on price, which may reduce their profit margins.
Opportunity:
Low maintenance & Stringent government regulations
Diaphragm valves are well-known for their low maintenance requirements, making them a popular choice in a variety of industries. The reduced need for maintenance results in cost savings for end users. Moreover, the demand for diaphragm valves is being driven by government regulations requiring the use of safe and efficient valves in industries such as water treatment and pharmaceutical. These valves comply with various industry standards and regulations, ensuring operational safety and efficiency, driving demand for these valves.
Threat:
Availability of Substitutes
Alternative valve types on the market include ball valves and gate valves, both of which can handle corrosive and abrasive materials. This may have an impact on demand for diaphragm valves because end-users may choose alternative valve types based on their specific requirements, diminishing overall market growth.
COVID-19 Impact:
The COVID-19 pandemic had a minimal impact on the overall market for diaphragm valves. Due to government restrictions imposed to stop the spread of the virus, industries were forced to close temporarily or permanently. As a result, product demand fell, affecting the diaphragm valves market. However, the COVID-19 pandemic has increased demand for diaphragm valves in certain industries. During the pandemic, the pharmaceutical industry saw a surge in demand for vaccines, medications, and medical supplies, which increased demand for diaphragm valves used in the production of these products.
The Chemical segment is expected to be the largest during the forecast period
The chemical industry accounted for more than 20% of total revenue in 2017 and is expected to maintain its lead throughout the forecast period. The chemical industry produces its final products through a complex manufacturing process that produces toxic byproducts and industrial waste. Moreover, the use of diaphragm valves enables smooth operations along with effective production processes, minimal wastage and downtimes, and safe waste disposal; such aspects further drive the segment expansion.
The Weir segment is expected to have the highest CAGR during the forecast period
Due to the high temperature resistance and low pressure operation, the Weir diaphragm is expected to register the highest CAGR during the forecast period. Weir diaphragm valves are used in the process of liquid transfer. It is a type of valve that opens and closes with the movement of a diaphragm or leaf. It has a minimum flow requirement, and it requires less space than conventional ball valves. Additionally, Weir diaphragms are relatively easy to install in pipes and can be installed in both new and existing systems. This makes them a convenient option for flow measurement in a variety of applications.
Region with largest share:
Asia Pacific dominated the global revenue market and is expected to be the largest over the forecast period. Rising demand for water treatment, chemical processing, power generation, and food and beverage applications in emerging economies such as China, India, and Indonesia, among others, can be attributed to this growth. In addition, Diaphragm Valves Manufacturers are shifting their manufacturing facilities to the Asia Pacific due to low labour costs along with easy availability of raw materials such as copper which is used for manufacturing valves in this region.
Region with highest CAGR:
North American region is anticipated to experience a significant CAGR during the forecast period. Demand from various industries, such as pharmaceuticals, biotechnology, water treatment, chemical processing, and food and beverage, drives this market. Furthermore, the market is expected to grow in the coming years as a result of rising demand from various end-use industries, technological advancements, and the need for more efficient and dependable valve solutions, all of which are propelling market growth in North American region.
Key players in the market
Some of the key players in Diaphragm Valve market include: The Weir Group plc, Nippon Daiya Valve Co. Ltd, Aira Euro Automation Pvt. Ltd, Erhard GmbH & Co. KG ITT Inc., Hy-Lok USA, GEMU Gebr. Muller Apparatebau GmbH & Co. KG, LK Valves AB, CRANE ChemPharma & Energy, Formatura Iniezione Polimeri S.p.A., Asahi/America, Inc., Parker Hannifin Corporation, Emerson Electric Co.and Pentair PLC.
Key Developments:
In December 2021, Crane Co. opened a Saunders factory in Cwmbran, UK. The main objective of this factory launch was to enhance its production capabilities in the region, as there is a growing demand from the consumer for advanced valve products. Through this company expanded its market.
In December 2021, GEA Group Aktiengesellschaft expanded capacities at Ahus test center, Germany by adding two more modules to its technology offering. With this addition, GEA is raising the Ahaus Test Center's profile as a key facility dedicated to piloting aseptic processing as well as the filling of sensitive foods and beverages. This expansion helps the company in improving the revenue of the company.
Products Covered:
- Straight-way
- Weir
Sales Channels Covered:
- Aftermarket
- Manufacturer/Distributor/Service Provider
End Users Covered:
- Chemical
- Water Treatment
- Food and Beverage
- Power
- Pharmaceutical
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Diaphragm Valve Market, By Product
- 5.1 Introduction
- 5.2 Straight-way
- 5.3 Weir
6 Global Diaphragm Valve Market, By Sales Channel
- 6.1 Introduction
- 6.2 Aftermarket
- 6.3 Manufacturer/Distributor/Service Provider
7 Global Diaphragm Valve Market, By End User
- 7.1 Introduction
- 7.2 Chemical
- 7.3 Water Treatment
- 7.4 Food and Beverage
- 7.5 Power
- 7.6 Pharmaceutical
- 7.7 Other End Users
8 Global Diaphragm Valve Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 The Weir Group plc
- 10.2 Nippon Daiya Valve Co. Ltd
- 10.3 Aira Euro Automation Pvt. Ltd
- 10.4 Erhard GmbH & Co. KG
- 10.5 ITT Inc.
- 10.6 Hy-Lok USA
- 10.7 GEMU Gebr. Muller Apparatebau GmbH & Co. KG
- 10.8 LK Valves AB
- 10.9 CRANE ChemPharma & Energy
- 10.10 Formatura Iniezione Polimeri S.p.A.
- 10.11 Asahi/America, Inc.
- 10.12 Parker Hannifin Corporation
- 10.13 Emerson Electric Co.
- 10.14 Pentair PLC
List of Tables
- Table 1 Global Diaphragm Valve Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Diaphragm Valve Market Outlook, By Product (2020-2028) ($MN)
- Table 3 Global Diaphragm Valve Market Outlook, By Straight-way (2020-2028) ($MN)
- Table 4 Global Diaphragm Valve Market Outlook, By Weir (2020-2028) ($MN)
- Table 5 Global Diaphragm Valve Market Outlook, By Sales Channel (2020-2028) ($MN)
- Table 6 Global Diaphragm Valve Market Outlook, By Aftermarket (2020-2028) ($MN)
- Table 7 Global Diaphragm Valve Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
- Table 8 Global Diaphragm Valve Market Outlook, By End User (2020-2028) ($MN)
- Table 9 Global Diaphragm Valve Market Outlook, By Chemical (2020-2028) ($MN)
- Table 10 Global Diaphragm Valve Market Outlook, By Water Treatment (2020-2028) ($MN)
- Table 11 Global Diaphragm Valve Market Outlook, By Food and Beverage (2020-2028) ($MN)
- Table 12 Global Diaphragm Valve Market Outlook, By Power (2020-2028) ($MN)
- Table 13 Global Diaphragm Valve Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 14 Global Diaphragm Valve Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 15 North America Diaphragm Valve Market Outlook, By Country (2020-2028) ($MN)
- Table 16 North America Diaphragm Valve Market Outlook, By Product (2020-2028) ($MN)
- Table 17 North America Diaphragm Valve Market Outlook, By Straight-way (2020-2028) ($MN)
- Table 18 North America Diaphragm Valve Market Outlook, By Weir (2020-2028) ($MN)
- Table 19 North America Diaphragm Valve Market Outlook, By Sales Channel (2020-2028) ($MN)
- Table 20 North America Diaphragm Valve Market Outlook, By Aftermarket (2020-2028) ($MN)
- Table 21 North America Diaphragm Valve Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
- Table 22 North America Diaphragm Valve Market Outlook, By End User (2020-2028) ($MN)
- Table 23 North America Diaphragm Valve Market Outlook, By Chemical (2020-2028) ($MN)
- Table 24 North America Diaphragm Valve Market Outlook, By Water Treatment (2020-2028) ($MN)
- Table 25 North America Diaphragm Valve Market Outlook, By Food and Beverage (2020-2028) ($MN)
- Table 26 North America Diaphragm Valve Market Outlook, By Power (2020-2028) ($MN)
- Table 27 North America Diaphragm Valve Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 28 North America Diaphragm Valve Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 29 Europe Diaphragm Valve Market Outlook, By Country (2020-2028) ($MN)
- Table 30 Europe Diaphragm Valve Market Outlook, By Product (2020-2028) ($MN)
- Table 31 Europe Diaphragm Valve Market Outlook, By Straight-way (2020-2028) ($MN)
- Table 32 Europe Diaphragm Valve Market Outlook, By Weir (2020-2028) ($MN)
- Table 33 Europe Diaphragm Valve Market Outlook, By Sales Channel (2020-2028) ($MN)
- Table 34 Europe Diaphragm Valve Market Outlook, By Aftermarket (2020-2028) ($MN)
- Table 35 Europe Diaphragm Valve Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
- Table 36 Europe Diaphragm Valve Market Outlook, By End User (2020-2028) ($MN)
- Table 37 Europe Diaphragm Valve Market Outlook, By Chemical (2020-2028) ($MN)
- Table 38 Europe Diaphragm Valve Market Outlook, By Water Treatment (2020-2028) ($MN)
- Table 39 Europe Diaphragm Valve Market Outlook, By Food and Beverage (2020-2028) ($MN)
- Table 40 Europe Diaphragm Valve Market Outlook, By Power (2020-2028) ($MN)
- Table 41 Europe Diaphragm Valve Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 42 Europe Diaphragm Valve Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 43 Asia Pacific Diaphragm Valve Market Outlook, By Country (2020-2028) ($MN)
- Table 44 Asia Pacific Diaphragm Valve Market Outlook, By Product (2020-2028) ($MN)
- Table 45 Asia Pacific Diaphragm Valve Market Outlook, By Straight-way (2020-2028) ($MN)
- Table 46 Asia Pacific Diaphragm Valve Market Outlook, By Weir (2020-2028) ($MN)
- Table 47 Asia Pacific Diaphragm Valve Market Outlook, By Sales Channel (2020-2028) ($MN)
- Table 48 Asia Pacific Diaphragm Valve Market Outlook, By Aftermarket (2020-2028) ($MN)
- Table 49 Asia Pacific Diaphragm Valve Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
- Table 50 Asia Pacific Diaphragm Valve Market Outlook, By End User (2020-2028) ($MN)
- Table 51 Asia Pacific Diaphragm Valve Market Outlook, By Chemical (2020-2028) ($MN)
- Table 52 Asia Pacific Diaphragm Valve Market Outlook, By Water Treatment (2020-2028) ($MN)
- Table 53 Asia Pacific Diaphragm Valve Market Outlook, By Food and Beverage (2020-2028) ($MN)
- Table 54 Asia Pacific Diaphragm Valve Market Outlook, By Power (2020-2028) ($MN)
- Table 55 Asia Pacific Diaphragm Valve Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 56 Asia Pacific Diaphragm Valve Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 57 South America Diaphragm Valve Market Outlook, By Country (2020-2028) ($MN)
- Table 58 South America Diaphragm Valve Market Outlook, By Product (2020-2028) ($MN)
- Table 59 South America Diaphragm Valve Market Outlook, By Straight-way (2020-2028) ($MN)
- Table 60 South America Diaphragm Valve Market Outlook, By Weir (2020-2028) ($MN)
- Table 61 South America Diaphragm Valve Market Outlook, By Sales Channel (2020-2028) ($MN)
- Table 62 South America Diaphragm Valve Market Outlook, By Aftermarket (2020-2028) ($MN)
- Table 63 South America Diaphragm Valve Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
- Table 64 South America Diaphragm Valve Market Outlook, By End User (2020-2028) ($MN)
- Table 65 South America Diaphragm Valve Market Outlook, By Chemical (2020-2028) ($MN)
- Table 66 South America Diaphragm Valve Market Outlook, By Water Treatment (2020-2028) ($MN)
- Table 67 South America Diaphragm Valve Market Outlook, By Food and Beverage (2020-2028) ($MN)
- Table 68 South America Diaphragm Valve Market Outlook, By Power (2020-2028) ($MN)
- Table 69 South America Diaphragm Valve Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 70 South America Diaphragm Valve Market Outlook, By Other End Users (2020-2028) ($MN)
- Table 71 Middle East & Africa Diaphragm Valve Market Outlook, By Country (2020-2028) ($MN)
- Table 72 Middle East & Africa Diaphragm Valve Market Outlook, By Product (2020-2028) ($MN)
- Table 73 Middle East & Africa Diaphragm Valve Market Outlook, By Straight-way (2020-2028) ($MN)
- Table 74 Middle East & Africa Diaphragm Valve Market Outlook, By Weir (2020-2028) ($MN)
- Table 75 Middle East & Africa Diaphragm Valve Market Outlook, By Sales Channel (2020-2028) ($MN)
- Table 76 Middle East & Africa Diaphragm Valve Market Outlook, By Aftermarket (2020-2028) ($MN)
- Table 77 Middle East & Africa Diaphragm Valve Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
- Table 78 Middle East & Africa Diaphragm Valve Market Outlook, By End User (2020-2028) ($MN)
- Table 79 Middle East & Africa Diaphragm Valve Market Outlook, By Chemical (2020-2028) ($MN)
- Table 80 Middle East & Africa Diaphragm Valve Market Outlook, By Water Treatment (2020-2028) ($MN)
- Table 81 Middle East & Africa Diaphragm Valve Market Outlook, By Food and Beverage (2020-2028) ($MN)
- Table 82 Middle East & Africa Diaphragm Valve Market Outlook, By Power (2020-2028) ($MN)
- Table 83 Middle East & Africa Diaphragm Valve Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 84 Middle East & Africa Diaphragm Valve Market Outlook, By Other End Users (2020-2028) ($MN)
