The global rotary valve market was valued at US$7.200 billion in 2021.
A rotary valve is a type of valve in which the flow of liquid or gas through the connected pipes is controlled by rotating a passage in a transverse stopper. The most basic type of rotary valve is the common stopcock. Increased demand for energy-efficient products across various industries, including the chemical sector, and growing awareness of the health benefits of conserving water are fueling the growth of the rotary valve market. The growing investment in the pharmaceutical industry by several government bodies due to the increasing pandemic will also boost the growth of the global rotary valve market during the forecasted period.
The growing application in the chemical industry will boost the market growth.
The rotary valve is one of the key components used in the chemical industry, acting as a control valve, a seal, and a means of safety for process fluids. It also offers flexibility by allowing leak-free flow rate regulation at varied pressures. The growing production in the chemical industry will boost the rotary valve market growth. According to the US Bureau of Economic Analysis, the chemicals industry contributed $ 440 billion to the US economy in 2021. According to the Cybersecurity and Infrastructure Security Agency (CISA), The U.S. chemical industry is the world’s second-largest chemical producer, with 13% of the world’s chemicals coming from the United States. This growing chemical industry production market is anticipated to boost the global rotary valve market growth.
The pharmaceutical industry is also contributing to market growth.
The rotary valve is specifically made for hygienic milling and micronization applications in the pharmaceutical and nutraceutical industries. The purpose of the rotary valve in the pharmaceutical industry is to stop and regulate free-flowing materials. They allow uniform dosing and continuous feeding of powders, granulates, or bulk materials. The growing production in the pharmaceutical industry will boost the rotary valve market growth. According to the State Council People’s Republic of China, In 2021, China's pharmaceutical business will earn over 3.3 trillion yuan in revenue, indicating a nearly 20% increase year on year. According to IBEF, between April 2000 and June 2022, FDI investment into the Indian pharmaceutical and medicine sector totaled around US$19.90 billion. Also, as per the same source, the Indian pharmaceutical sector has developed over time into a robust and is currently rated third in the world in terms of pharmaceutical production volume. This shows that the growing production in the pharmaceutical sector will boost the global rotary valve market growth during the forecasted period.
The Asia Pacific region remains the dominant regional market.
The Asia Pacific region is anticipated to constitute a significant market share due to the growing demand for rotary valve applications in various sectors, including the pharmaceutical and food and beverage industries. The growing pharmaceutical industry investment in Asia is expected to boost market growth. For instance, In September 2021, according to the Indian Brand Equity Foundation, the Indian government contributed around $4 billion to the pharmaceutical and medical industry. In July 2019, Cipla announced the formation of a Chinese joint venture with Jiangsu Acebright Pharmaceutical. The Indian firm will own 80% of the total $30 million investment. The new business would establish a manufacturing plant in China to produce respiratory products. The growing pharmaceutical industry investments by the government and market players are also boosting the rotary valve market growth during the forecasted period.
Market Developments:
In June 2021,Dmn-Westinghouse introduced a novel rotary valve designed to dose products and ingredients in the food processing dry bulk business. MZC rotary valves, among other things, have played an essential role in strengthening food safety in the production processes of enterprises in the food and dairy sectors.
In December 2020,Gericke introduced a new sanitary rotary valve featuring a patented design to facilitate quick, toolless disassembly. It allows easy access for cleaning and visual inspection
Market Segmentation
By Type
Dust Collector
Flow-Through
Blow-Through
Heavy Duty PAV
Others
By End-User
Food & Beverage
Chemical
Pharmaceuticals
Plastic
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
UK
France
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
Japan
South Korea
India
Australia
Others
Table of Contents
1. INTRODUCTION
1.1. Market Overview 1.2. Market Definition 1.3. Scope of the Study 1.4. Market Segmentation 1.5. Currency 1.6. Assumptions 1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data 2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers 4.2. Market Restraints 4.3. Market Opportunities 4.4. Porter’s Five Force Analysis 4.4.1. Bargaining Power of Suppliers 4.4.2. Bargaining Power of Buyers 4.4.3. Threat of New Entrants 4.4.4. Threat of Substitutes 4.4.5. Competitive Rivalry in the Industry 4.5. Industry Value Chain Analysis
7.1. Introduction 7.2. North America 7.2.1. USA 7.2.2. Canada 7.2.3. Mexico 7.3. South America 7.3.1. Brazil 7.3.2. Argentina 7.3.3. Others 7.4. Europe 7.4.1. Germany 7.4.2. UK 7.4.3. France 7.4.4. Spain 7.4.5. Others 7.5. Middle East and Africa 7.5.1. Saudi Arabia 7.5.2. UAE 7.5.3. Others 7.6. Asia Pacific 7.6.1. China 7.6.2. Japan 7.6.3. South Korea 7.6.4. India 7.6.5. Australia 7.6.6. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis 8.2. Emerging Players and Market Lucrativeness 8.3. Mergers, Acquisitions, Agreements, and Collaborations 8.4. Vendor Competitiveness Matrix
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