The global control valves market is currently experiencing a healthy growth. Looking forward, IMARC Group expects the market to register a CAGR of around 5% during 2020-2025.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts for growth at the global, regional and country-level from 2020-2025. The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key players.
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5. The global control valves market is currently experiencing a healthy growth. 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.
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Market Trends:
The global market is primarily driven by a significant increase in the number of oil and gas exploration activities. The shifting preference
toward automation and the growing requirement for the construction of new pipelines in the oil and gas sector is catalyzing the uptake of
control valves. Along with this, there has been an increasing demand for uninterrupted power supply across the globe, especially in
developing countries that witness continuous outages. This has led to the development of new power generation plants that rely on a
connected network for monitoring the overall functioning of the plants. The rising demand for the establishment of new renewable
energy projects and constant improvements in the existing infrastructures is providing a thrust to the market growth. Product innovations
and continuous research and development (R&D) by various key players have led to the introduction of control valves that are integrated
with smart and digital valve positioners and equipped with advanced capabilities, including diagnostics and alarm status. The advent of 3D
printed valves is also expected to gain prominence in the market. This, in confluence with the growing investments in fluid handling
technology by numerous industries, such as the nuclear and pharmaceutical sectors, is propelling the market growth. On account of the
aforementioned factors, the market is anticipated to register a CAGR of around 5% during 2020-2025.
Control Valves Market 2020-2025: Segmentation and Analysis of Top Key players
Report Description
6. Historical, Current and Future Market Trends
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"
Breakup by Technology:
• Electric
• Hydraulic
• Manual
• Pneumatic
Report Description
7. 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
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Report Description
8. 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
Report Description
9. Key Questions Answered in This Report:
• How has the global control valve market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the size?
• What is the breakup of the market based on the technology?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the material?
• What is the breakup of the market based on the end-use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global control valve market and who are the key players?
• What is the degree of competition in the industry?
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Report Description
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