A mechanical device called a water valve regulates the flow of water in a plumbing system. Its purpose is to allow or disallow the flow of water through fittings, pipes, or equipment. Because they regulate the water flow to various rooms or appliances inside a structure, water valves are an essential part of plumbing systems. The phrase "water waste valve" can also be used to refer to a sanitary valve in the context of a wastewater or sewage system. Sanitary valves are made specifically to be installed in sewage or wastewater pipelines.
Owing to the increase in urbanization and the increasing rate of population growth, infrastructure and water are in more demand. In addition, urbanization, the need for clean water supply, and the need for wastewater management systems require the installation of water valves in treatment facilities, distribution networks, and pumping stations. Water scarcity is another issue that is of global significance because it affects many different geographic areas, including Africa. To maximize water usage, reduce waste, and ensure reliable distribution, efficient water management systems are needed, including the use of cutting-edge valves. Therefore, such a benefit might accelerate the market's expansion.
However, the saturation in industrial growth in major developed countries such as Germany, the U.S., the UK, and others is anticipated to affect the growth in trend for industrial valves significantly. The demand for new industrial valves is extremely slow paced in the previously mentioned countries mainly due to the developed industrial infrastructure. This is expected to restrain the growth of the industrial valves market.
Moreover, the development of oil & gas industry in North America thus drives the industrial valves market growth globally. Moreover, the demand for industrial valves has significantly increased from the food & beverage industry, mainly from the developing nations in Asia-Pacific and Latin America. The food & beverage processing industry has shown high growth in countries such as India, Brazil, and others, with the surge in agriculture and risen demand for processed food. This, in turn, has created a high demand for industrial valves; thereby, driving the growth of the industrial valves industry.
The water and wastewater valve market are segmented based on type, material, end-user industry, and region. On the basis of type, the market is categorized into gate, ball, butterfly, globe and others. The ball segment dominated the market in 2022. On the basis of material, it is segregated into cast iron, steel, alloy based and others. The steel segment dominated the market in 2022. Based on end-user industry, it is differentiated into oil and gas, chemical, power generation and others. The oil and gas segment dominated the market in 2022.
Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
In 2022, Asia-Pacific was the key shareholder, and is anticipated to secure a leading position during the forecast period.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2022 and 2032.
Extensive analysis of the water and wastewater valve market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The key market players within the water and wastewater valve market are profiled in this report and their strategies are analyzed thoroughly, to understand the competitive outlook of the water and wastewater valve industry.
Owing to the increase in urbanization and the increasing rate of population growth, infrastructure and water are in more demand. In addition, urbanization, the need for clean water supply, and the need for wastewater management systems require the installation of water valves in treatment facilities, distribution networks, and pumping stations. Water scarcity is another issue that is of global significance because it affects many different geographic areas, including Africa. To maximize water usage, reduce waste, and ensure reliable distribution, efficient water management systems are needed, including the use of cutting-edge valves. Therefore, such a benefit might accelerate the market's expansion.
However, the saturation in industrial growth in major developed countries such as Germany, the U.S., the UK, and others is anticipated to affect the growth in trend for industrial valves significantly. The demand for new industrial valves is extremely slow paced in the previously mentioned countries mainly due to the developed industrial infrastructure. This is expected to restrain the growth of the industrial valves market.
Moreover, the development of oil & gas industry in North America thus drives the industrial valves market growth globally. Moreover, the demand for industrial valves has significantly increased from the food & beverage industry, mainly from the developing nations in Asia-Pacific and Latin America. The food & beverage processing industry has shown high growth in countries such as India, Brazil, and others, with the surge in agriculture and risen demand for processed food. This, in turn, has created a high demand for industrial valves; thereby, driving the growth of the industrial valves industry.
The water and wastewater valve market are segmented based on type, material, end-user industry, and region. On the basis of type, the market is categorized into gate, ball, butterfly, globe and others. The ball segment dominated the market in 2022. On the basis of material, it is segregated into cast iron, steel, alloy based and others. The steel segment dominated the market in 2022. Based on end-user industry, it is differentiated into oil and gas, chemical, power generation and others. The oil and gas segment dominated the market in 2022.
Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
In 2022, Asia-Pacific was the key shareholder, and is anticipated to secure a leading position during the forecast period.
COMPETITION ANALYSIS
Key companies profiled in the water and wastewater valve market report include AVK Holding, Anything Flows LLC, Avcon Controls Pvt. Ltd., Böhmer GmbHCrane, Davis Valve, EG Valves Manufacturing Co., Ltd., Emerson Electric Co., Flow Control Technology Valve, Flowserve Corp. And Fluid Chem Valves (India) Pvt. LtdKEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current trends, future estimations, and dynamics of the water and wastewater valve market.In-depth market analysis is conducted by constructing market estimations for the key market segments between 2022 and 2032.
Extensive analysis of the water and wastewater valve market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The key market players within the water and wastewater valve market are profiled in this report and their strategies are analyzed thoroughly, to understand the competitive outlook of the water and wastewater valve industry.
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Key Market Segments
By Type
- Gate
- Ball
- Butterfly
- Globe
- Others
By Material
- Cast Iron
- Steel
- Alloy Based
- Others
By End User Industry
- Oil and Gas
- Chemical
- Power Generation
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Anything Flows LLC
- Avcon Controls Pvt. Ltd.
- AVK Holdings
- Bohmer GmbH
- Davis Valve
- EG Valves Manufacturing Co., Ltd.
- Emerson Electric Co.
- Flow Control Technology Valve
- Flowserve Corp.
- Fluidchem Valves (India) Pvt. Ltd.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: WATER AND WASTEWATER VALVE MARKET, BY TYPE
CHAPTER 5: WATER AND WASTEWATER VALVE MARKET, BY MATERIAL
CHAPTER 6: WATER AND WASTEWATER VALVE MARKET, BY END USER INDUSTRY
CHAPTER 7: WATER AND WASTEWATER VALVE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report, the water and wastewater valve market was valued at $8.3 billion in 2020, and is estimated to reach $14.7 billion by 2032, growing at a CAGR of 4.5% from 2023 to 2032.A mechanical devices used to regulate the flow of plumbling system is called water and wastewater valves system. Its objective is to enable or impede the flow of water through fittings, pipes, or other pieces of machinery. Because they allow for the management of the water flow to various rooms or appliances inside a structure, water valves are a crucial component of plumbing systems. In the context of a wastewater or sewage system, the term 'water waste valve' can also be used to describe a sanitary valve. A sanitary valve is designed specifically for use in sewage or wastewater pipelines.
owing to increase in uses water and wastewater valves in oil and gas industrial sector for downstream, midstream, and upstream process applications, making it the largest consumer of these valves globally. Most of the energy businesses in the United States and Canada are privately owned, financed, and run. The North America Midstream Infrastructure through 2035 research by ICF International Inc. predicts that by 2035, investments in oil and gas infrastructure would total between $685 billion and $895 billion. Additionally, the investment is largest in natural gas extraction, processing, and transportation because all of these processes have highly efficient valves to control oil and gas flow. Thus, as the demand for water and wastewater valves in North America grows, so do imports of those valves from other nations, fueling the expansion of the water and wastewater valves market internationally.
However, manufacturers of water and wastewater valves must adhere to the nation's strict regulations and standards, which provide difficulties in terms of design, raw materials, and production techniques. Additionally, walls have a certain pressure rating that specifies the highest pressure that they can withstand. To avoid a leak and valve failure, it's crucial to choose valves that can withstand the operational pressure of the water or wastewater system. Therefore, taking such precautions while manufacturing valves raises the cost of production and restrains market expansion.
Furthermore, several commodities, including construction material, oil, and gas, saw a surge in price due to the Russia-Ukraine conflict. Due to supply chain interruptions, there are now more expensive shipping costs, fewer available containers, and less warehouse space. Since there have been delays in shipments and congestion, certain ports have been closed, and orders are being retracted, which influences industry and consumers globally. The decline in investor confidence has also increased stock market volatility. Economic instability has risen due to the strained commercial ties between Russia, Ukraine, and their different trading partners. Hence, all such factors have reduced export possibilities.
Additionally, Oil and gas extraction investments have increased significantly, which has fueled the growth of the infrastructure. Furthermore, there is a significant need for industrial valves in the Middle East due to the region's emphasis on boosting oil and gas output. Water and wastewater valves are anticipated to be in extremely high demand as a result, which might help the market grow.
The water and wastewater valve market are segmented into type, material, end user industry, and region. The type covered in the study include gate, ball, butterfly, globe and others. Based on material, the market is bifurcated into cast iron, steel, alloy based and others. By end user industry, it is divided into oil and gas, chemical, power generation and others. Region wise, it is analyzed across North America (the U. S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)
COMPETITION ANALYSIS
The major players profiled in the water and wastewater valve market includes, AVK Holding, Anything Flows LLC, Avcon Controls Pvt. Ltd., Böhmer GmbH, Crane, Davis Valve, EG Valves Manufacturing Co., Ltd., Emerson Electric Co., Flow Control Technology Valve, Flowserve Corp. and Fluid Chem Valves (India) Pvt. LtdKey Findings of the Study
By type, the ball segment was the highest revenue contributor to the market and is estimated to reach $3.52 billion by 2032. Moreover, the butterfly segment is estimated to be the fastest-growing segment with a CAGR of 6.9% during the forecast period.By material, the steel segment was the highest revenue contributor to the market with the fastest-growing segment with a CAGR of 4.4% during the forecast period.
By end user, oil ang gas segment was the highest revenue contributor to the market in 2022, which is expected to grow with a CAGR of 3.1% during the forecast period.
By region, Asia Pacific held the largest revenue share in 2022, and LAMEA is anticipated to grow at the highest CAGR of 4.9% during the forecast period.
Companies Mentioned
- Anything Flows LLC
- Avcon Controls Pvt. Ltd.
- AVK Holdings
- Bohmer GmbH
- Davis Valve
- EG Valves Manufacturing Co., Ltd.
- Emerson Electric Co.
- Flow Control Technology Valve
- Flowserve Corp.
- Fluidchem Valves (India) Pvt. Ltd.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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