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Control Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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  • 146 Pages
  • September 2023
  • Region: Global
  • IMARC Group
  • ID: 5353492
The global control valves market size reached US$ 8.8 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 11.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.

A control valve is a mechanical device that is used to regulate the flow of a liquid or gas through internal passages. It consists of a pneumatically or electrically operated actuator that is mounted on a valve for modulating the flow. Some of the most common types of control valves include ball, butterfly, plug, gate and diaphragm valves that can automatically adjust the pressure, flow rate, density, temperature and concentration of the product. They are usually integrated with various accessories, such as electro-pneumatic transducers, handwheels, position indicators and limit switches and find extensive applications across multiple industries, including oil and gas, water and wastewater treatment, power, pharmaceutical and chemical.

The continually increasing demand for oil and gas from the industrial, transportation and residential sectors is the primary factor driving the market growth. Furthermore, increasing consumer preference for stainless steel product variants is also providing a boost to the market growth. Control valves further find extensive application in the food and beverage and chemical industries as they aid in minimizing contamination while handling steam, along with exhibiting resistance to abrasion and corrosion, and effective functionality even under high pressure and temperatures. Additionally, various technological advancements, such as the integration of these valves with the Industrial Internet of Things (IIoT) and the development of 3D printed valves, are creating a positive outlook for the market growth. Other factors, including extensive research and development (R&D) undertaken by manufacturers and key industry players to continually launch product variants in accordance with the changing needs of various industries, are expected to drive the market further.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global control valves market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type, size, technology, component, material and end-use industry.

Breakup by Type:

  • Rotary Valves
  • Ball Valve
  • Butterfly Valves
  • Plug Valves
  • Linear Valves
  • Gate Valves
  • Diaphragm Valves
  • Other Valves

Breakup by Size:

  • Up to 1''
  • >1'' to 7''
  • >7'' to 25''
  • >25'' to 50''
  • >50'' and Above

Breakup by Technology:

  • Electric
  • Hydraulic
  • Manual
  • Pneumatic

Breakup by Component:

  • Actuators
  • Valve Body
  • Others

Breakup by Material:

  • Stainless Steel
  • Cast Iron
  • Alloy Based
  • Others

Breakup by End-Use Industry:

  • Oil & Gas
  • Water & Wastewater Treatment
  • Energy & Power
  • Pharmaceutical & Healthcare
  • Chemicals
  • Building & Construction
  • 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 competitive landscape of the industry has also been examined with some of the key players being Christian Bürkert GmbH & Co. KG, Curtiss-Wright Corporation, Emerson Electric Co., Flowserve Corporation, Honeywell International Inc., IMI plc, KITZ Corporation, SAMSON AG, Spirax-Sarco Engineering plc, Valvitalia SpA, Velan Inc., etc.

Key Questions Answered in This Report

1. What is the global control valves market growth?
2. What is the impact of COVID-19 on the global control valves market?
3. What are the global control valves market drivers?
4. What are the key industry trends in the global control valves market?
5. What is the global control valves market breakup by type?
6. What is the global control valves market breakup by size?
7. What is the global control valves market breakup by technology?
8. What is the global control valves market breakup by component?
9. What is the global control valves market breakup by end-use industry?
10. What are the major regions in the global control valves market?
11. Who are the key companies/players in the global control valves market?

Table of Contents

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 Control Valves Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Rotary Valves
6.1.1 Market Trends
6.1.2 Market Breakup by Type Ball Valves Butterfly Valves Plug Valves
6.1.3 Market Forecast
6.2 Linear Valves
6.2.1 Market Trends
6.2.2 Market Breakup by Type Gate Valves Diaphragm Valves Other Valves
6.2.3 Market Forecast
7 Market Breakup by Size
7.1 Up to 1"
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 >1" to 7"
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 >7" to 25"
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 >25" to 50"
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 >50" and Above
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Technology
8.1 Electric
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Hydraulic
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Manual
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Pneumatic
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Component
9.1 Actuators
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Valve Body
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Others
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Material
10.1 Stainless Steel
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Cast Iron
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Alloy Based
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market Breakup by End-Use Industry
11.1 Oil & Gas
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Water & Wastewater Treatment
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Energy & Power
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Pharmaceutical & Healthcare
11.4.1 Market Trends
11.4.2 Market Forecast
11.5 Chemicals
11.5.1 Market Trends
11.5.2 Market Forecast
11.6 Building & Construction
11.6.1 Market Trends
11.6.2 Market Forecast
11.7 Others
11.7.1 Market Trends
11.7.2 Market Forecast
12 Market Breakup by Region
12.1 North America
12.1.1 United States Market Trends Market Forecast
12.1.2 Canada Market Trends Market Forecast
12.2 Asia Pacific
12.2.1 China Market Trends Market Forecast
12.2.2 Japan Market Trends Market Forecast
12.2.3 India Market Trends Market Forecast
12.2.4 South Korea Market Trends Market Forecast
12.2.5 Australia Market Trends Market Forecast
12.2.6 Indonesia Market Trends Market Forecast
12.2.7 Others Market Trends Market Forecast
12.3 Europe
12.3.1 Germany Market Trends Market Forecast
12.3.2 France Market Trends Market Forecast
12.3.3 United Kingdom Market Trends Market Forecast
12.3.4 Italy Market Trends Market Forecast
12.3.5 Spain Market Trends Market Forecast
12.3.6 Russia Market Trends Market Forecast
12.3.7 Others Market Trends Market Forecast
12.4 Latin America
12.4.1 Brazil Market Trends Market Forecast
12.4.2 Mexico Market Trends Market Forecast
12.4.3 Others Market Trends Market Forecast
12.5 Middle East and Africa
12.5.1 Market Trends
12.5.2 Market Breakup by Country
12.5.3 Market Forecast
13 SWOT Analysis
13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Christian Bürkert GmbH & Co. KG Company Overview Product Portfolio
17.3.2 Curtiss-Wright Corporation Company Overview Product Portfolio Financials SWOT Analysis
17.3.3 Emerson Electric Co. Company Overview Product Portfolio Financials SWOT Analysis
17.3.4 Flowserve Corporation Company Overview Product Portfolio Financials SWOT Analysis
17.3.5 Honeywell International Inc. Company Overview Product Portfolio Financials SWOT Analysis
17.3.6 IMI plc Company Overview Product Portfolio Financials SWOT Analysis
17.3.7 KITZ Corporation Company Overview Product Portfolio Financials
17.3.8 SAMSON AG Company Overview Product Portfolio Financials
17.3.9 Spirax-Sarco Engineering plc Company Overview Product Portfolio Financials
17.3.10 Valvitalia SpA Company Overview Product Portfolio Financials
17.3.11 Velan Inc. Company Overview Product Portfolio Financials SWOT Analysis

Companies Mentioned

  • Christian Bürkert GmbH & Co. KG
  • Curtiss-Wright Corporation
  • Emerson Electric Co.
  • Flowserve Corporation
  • Honeywell International Inc.
  • IMI plc
  • KITZ Corporation
  • Spirax-Sarco Engineering plc
  • Valvitalia SpA
  • Velan Inc.



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