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Global Control Valve Market to reach USD 14755.46 million by 2027

Global Control Valve Market Size study, by Component (Actuators, Valve Body and Others), by Type (Rotary Valves and Linear Valves), by Material (Stainless Steel, Alloy-Based, Cast Iron, Cryogenic and Others), by Size (Upto 1”, >1”-6”, >6”-25”, >25”-50” and >50”), by Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Pharmaceuticals, Food & Beverages , Chemicals, Building & Construction, Paper & Pulp, Metals & Mining and Others) and Regional Forecasts 2020-2027

Product Code: OIRIGAS_21346000
Publish Date: 14-12-2020
Page: 200

Global Control Valve Market is valued approximately at USD 5020.87 million in 2019 and is anticipated to grow with a healthy growth rate of more than 14.88% over the forecast period 2020-2027. Control Valves manipulate various compounds such as steam, gas, water, chemical compounds to keep process variables at a desired point. Control Valves are widely used in various applications in processing industry including food & beverages, oil & gas, petrochemical, and others. The rising demand for connected networks to maintain and monitor industrial equipment and surging focus on establishing new nuclear power plants and upscaling of existing ones will drive the demand for control valves. The demand of control valves for water and waste water treatment industry along with the rising demand of water in residences, industries, and commercial areas are the factors responsible for the market growth. According to a 2018 report by government-run think tank NITI Aayog, in India around 100 million people are suffering from water crisis and 21 major cities are poised to run out of groundwater in next year. The government of India introduced Ministry of Jal Shakti (water power) that aims an oversee water resource management providing piped water to every rural home by 2024. Thus, rising government initiative towards the need of water and waste water treatment industry will accelerate the demand of control valve market over the forecast period. Furthermore, the introduction of products and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 03rd February 2020, Emerson launched ASCO™ Series 158 Gas Valve and Series 159 Motorized Actuator for burner boiler application. These control valve series offer higher close-off pressure of 75 psi (5.2 Bar), ensuring safety shutoff in the event of failure of fuel train system. However, lack of standardized certifications and government policies is the major factors restraining the growth of global Control Valve market during the forecast period.

The regional analysis of global Control Valve Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing adoption advanced technologies, increasing R&D activities in the region pertaining to the use of valves in automation and the rising demand for safety applications. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
Christian Bürkert GmbH & Co. KG
Emerson Electric Co.
Flowserve Corporation
IMI plc
Curtiss-Wright Corporation
Trillium Flow Technologies
Cameron International Corporation
Spirax-Sarco Engineering plc
The Crane Company
Kitz Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Actuators
Valve Body
Others

Type:
Rotary Valves
Linear Valves

By Material:
Stainless Steel
Alloy-Based
Cast Iron
Cryogenic
Others

By Size:
Upto 1”
>1”-6”
>6”-25”
>25”-50”
>50”

By Industry:
Oil & Gas
Water & Wastewater Treatment
Energy & Power
Pharmaceuticals
Food & Beverages
Chemicals
Building & Construction
Paper & Pulp
Metals & Mining
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Control Valve Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Control Valve Market, by Region, 2018-2027 (USD Billion)
1.2.2. Control Valve Market, by Component, 2018-2027 (USD Billion)
1.2.3. Control Valve Market, by Type, 2018-2027 (USD Billion)
1.2.4. Control Valve Market, by Material, 2018-2027 (USD Billion)
1.2.5. Control Valve Market, by Size, 2018-2027 (USD Billion)
1.2.6. Control Valve Market, by Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Control Valve Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Control Valve Market Dynamics
3.1. Control Valve Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Control Valve Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Control Valve Market, by Component
5.1. Market Snapshot
5.2. Global Control Valve Market by Component, Performance – Potential Analysis
5.3. Global Control Valve Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4. Control Valve Market, Sub Segment Analysis
5.4.1. Actuators
5.4.2. Valve Body
5.4.3. Others
Chapter 6. Global Control Valve Market, by Type
6.1. Market Snapshot
6.2. Global Control Valve Market by Type, Performance – Potential Analysis
6.3. Global Control Valve Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
6.4. Control Valve Market, Sub Segment Analysis
6.4.1. Rotary Valves
6.4.2. Linear Valves
Chapter 7. Global Control Valve Market, by Material
7.1. Market Snapshot
7.2. Global Control Valve Market by Material, Performance – Potential Analysis
7.3. Global Control Valve Market Estimates & Forecasts by Material 2017-2027 (USD Billion)
7.4. Control Valve Market, Sub Segment Analysis
7.4.1. Stainless Steel
7.4.2. Alloy-Based
7.4.3. Cast Iron
7.4.4. Cryogenic
7.4.5. Others
Chapter 8. Global Control Valve Market, by Size
8.1. Market Snapshot
8.2. Global Control Valve Market by Size, Performance – Potential Analysis
8.3. Global Control Valve Market Estimates & Forecasts by Size 2017-2027 (USD Billion)
8.4. Control Valve Market, Sub Segment Analysis
8.4.1. Upto 1”
8.4.2. >1”-6”
8.4.3. >6”-25”
8.4.4. >25”-50”
8.4.5. >50”
Chapter 9. Global Control Valve Market, by Industry
9.1. Market Snapshot
9.2. Global Control Valve Market by Industry, Performance – Potential Analysis
9.3. Global Control Valve Market Estimates & Forecasts by Industry 2017-2027 (USD Billion)
9.4. Control Valve Market, Sub Segment Analysis
9.4.1. Oil & Gas
9.4.2. Water & Wastewater Treatment
9.4.3. Energy & Power
9.4.4. Pharmaceuticals
9.4.5. Food & Beverages
9.4.6. Chemicals
9.4.7. Building & Construction
9.4.8. Paper & Pulp
9.4.9. Metals & Mining
9.4.10. Others
Chapter 10. Global Control Valve Market, Regional Analysis
10.1. Control Valve Market, Regional Market Snapshot
10.2. North America Control Valve Market
10.2.1. U.S. Control Valve Market
10.2.1.1. Component breakdown estimates & forecasts, 2017-2027
10.2.1.2. Type breakdown estimates & forecasts, 2017-2027
10.2.1.3. Material breakdown estimates & forecasts, 2017-2027
10.2.1.4. Size breakdown estimates & forecasts, 2017-2027
10.2.1.5. Industry breakdown estimates & forecasts, 2017-2027
10.2.2. Canada Control Valve Market
10.3. Europe Control Valve Market Snapshot
10.3.1. U.K. Control Valve Market
10.3.2. Germany Control Valve Market
10.3.3. France Control Valve Market
10.3.4. Spain Control Valve Market
10.3.5. Italy Control Valve Market
10.3.6. Rest of Europe Control Valve Market
10.4. Asia-Pacific Control Valve Market Snapshot
10.4.1. China Control Valve Market
10.4.2. India Control Valve Market
10.4.3. Japan Control Valve Market
10.4.4. Australia Control Valve Market
10.4.5. South Korea Control Valve Market
10.4.6. Rest of Asia Pacific Control Valve Market
10.5. Latin America Control Valve Market Snapshot
10.5.1. Brazil Control Valve Market
10.5.2. Mexico Control Valve Market
10.6. Rest of The World Control Valve Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Christian Bürkert GmbH & Co. KG
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Emerson Electric Co.
11.2.3. Flowserve Corporation
11.2.4. IMI plc
11.2.5. Curtiss-Wright Corporation
11.2.6. Trillium Flow Technologies
11.2.7. Cameron International Corporation
11.2.8. Spirax-Sarco Engineering plc
11.2.9. The Crane Company
11.2.10. Kitz Corporation
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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