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Industrial Valves
Market, Supplier, Risk and
Competitive Intelligence

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Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Abi will answer all Industrial Valves related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Industrial Valves to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Global Industrial Valves Trends
  • Mergers and Acquisitions
  • Regional Market Outlook- North America, Europe, Middle East, APAC, Africa and LATAM
  • Supply Trends and Insights

 

Market Size

Market Size North America

$23 Bn

Market Size Europe

$24.5 Bn

Market Size Asia Pacific

$35 Bn

Market Size Middle East - Asia

$7.2 Bn

The global industrial valve market is expected to grow at a CAGR of 4-5 percent reaching $101 billion by 2020. The use of smart valves is being adopted in regions such as North America and Europe because of their ability to control emissions to comply with environmental regulations. In emerging regions such as LATAM, the Middle East, Africa, and APAC, there's a growth in the utilization of industrial valves due to increased investment in infrastructure. The global trends for industrial valves include the use of robotics in handling complex and repetitive tasks, 3D printed valves to reduce labor and raw material costs, and utilization of digital devices and sensors to predict equipment breakdown.

Digital technologies are playing an important role in improving performance through new applications developed for improving productivity and efficiency in the field of industrial valves. The industrial valve market is highly fragmented in nature, and the fragmentation can be observed in generic valves.

Material is the major cost driver of the valves, and it accounts for approximately 50–53 percent of the total cost in the industrial valve market. The application of the valve determines which material should be used as different materials have their own unique properties.

The pricing of the valve is dependent upon the criticality of the application, such as fluid that passes through it, pressure rating, degree of corrosiveness, need for automation, etc.

The utilization of technology in industrial valves is capital intensive; therefore, most of the manufacturers are using old technology to produce gas-based Midrex, Hyl processes, etc. The report provides a detailed industry analysis, including Porter's five forces analysis, industry drivers & constraints, mergers & acquisitions, and revenue breakup by valves type and end-use industry. It also furnishes information on the prevalent cost structures and presents a price forecast with an exhaustive list of all the suppliers present in the industry.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Table of contents

  1. Industrial Valves Executive Summary
  2. Global Outlook
  3. Supply Market Outlook
  4. Category Summary – Covid-19 Impact
  1. Industrial Valves Market Analysis
  2. Market Maturity
  3. Trends
  4. Drivers and Constraints
  5. M&A
  6. Industrial Valve Revenue Breakup by Valve Type and End - use Industry
  7. Regional Market Outlook
  8. Porter’s Five Force Analysis
  1. COVID Impact
  2. Supplier Watch
  3. Sourcing Location Watch
  4. Industry Watch
  1. Innovation Framework and Sustainability Initiatives
  2. Upcoming Innovations: Industrial Valves
  3. Sustainability Initiatives: Industry Valves
  1. Cost and Pricing Analysis
  2. Cost Structure
  3. Direct Materials: Future Trend and Impact on Buyer
  4. Key Success Factors in Procurement of Valves

 

  1. Procurement Best Practices
  2. Sourcing Models
  3. Comparative Analysis and Pros and Cons
  4. Cross-industry Sourcing Model Adoption
  5. Pricing Models
  6. KPIs and SLAs

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Global Industrial Valve Outlook

  • The global industrial valve market was valued at approximately $96 billion in 2019, and it is expected to grow at a CAGR of 4–5 percent to $101 billion by 2020
  • Increase in oil price has created avenues for the growth in the oil producing nations in the Middle East, along with growing demand for valves in the petrochemical industries.

industrial-valves-market-global-market-size

Global Industrial Valves: Market Maturity 

Smart valves are increasingly being adopted in North America and Europe because of their ability to control fugitive emissions which are required for compliance to environmental regulations, and also to ensure better health of the buyer's employees.

Global Industrial Valves Trends

Developing regions such as LATAM, Middle East, Africa and APAC will boost the growth of industrial valves globally due to increased investment in infrastructure (power plants, water supply lines, sewage water treatment facilities, etc.).

Global Industrial Valves: Drivers and Constraints

  • Emerging countries provide a low-cost manufacturing base
  • These countries are also the potential demand markets due to the need for considerable investments in key areas like water, power, municipal waste water treatment, pipelines, etc

Drivers

Market growth 

  • Immense rise in demand for power in developing regions has given rise to the need for power plant investments, leading to an increase in demand for industrial valves
  • Replacement of manual valves with smart valves drives the market in the developed regions
  • Process-oriented manufacturing units strive to continuously increase their operating efficiencies, resulting in increase in demand for valves

Stringent environmental and  safety regulations 

  • Environmental, health and safety regulations such as Volatile Organic Compound (VOC) limitations require the end-user industries to upgrade to new and better valves

Constraints

Duplication of technology 

  • Patent violations and copies of the original by the local players would hamper the growth of the valves market due to the copies being relatively cheaper

Labour disturbance 

  • The labour market in emerging countries are mostly unorganised, and there are increasing occurrences of shutdowns leading to loss of productivity

Drop in requirement from petrochemical industries 

  • The drop in oil prices has resulted in deteriorating margins, thus requiring petrochemical industries to reconsider capital spend, which led to a decrease in valve requirements from this sector

Why You Should Buy This Report

  • It details the global industrial valves market size, maturity, valve industry trends, drivers and constraints, etc.
  • It provides the regional market outlook on North America, Asia, Middle East, Europe, Africa and LATAM regions. 
  • The report does Porter’s five force analysis of emerging and developed industrial valves market.
  • It gives insight into supplier trends and does a SWOT analysis of major players like Flowserve, KITZ, Metso, etc.
  • It breaks down the cost structure and gives the pricing analysis and price forecast for industrial valves. 
  • The report gives information about the best sourcing and pricing models for the industrial valve market.


 

Industrial Valve Frequently Asked Questions

  1. At what CAGR was the global industrial valves market expected to grow through 2020?
  2. According to the industry analysis report by Beroe, the global industrial valves market size is expected to reach $101 billion growing at a CAGR of 4-5 percent from its earlier value of $83.5 billion in 2016.
  1. What do the industrial valve market trends indicate about the engagement models?
  2. The valve industry trends show that the main engagement models used in the industry are – preferred suppliers and multiple suppliers. Mainly, the cost-plus model and fixed price model are used.
  1. What are the key factors that drive the growth of the industrial valve market?
  2. The key market driver in emerging countries is the increasing requirement for water, wastewater, and power plants, whereas, in developed countries, valve replacement and transition to smart valves are driving the market growth.
  1. What is the reason behind the increasing adoption of smart valves in North America and Europe?
  2. The markets in North America and Europe are increasingly adopting smart valve usage because they can control fugitive emissions, which is a crucial aspect of environmental regulations compliance. Besides, it also helps to ensure better health of the buyer’s employees.
  1. How will the increased investment in infrastructure impact the growth of industrial valves globally?
  2. From Beroe’s industrial valves market outlook report, the increased investment in infrastructure, such as power plants, water supply lines, sewage water treatment facilities, etc. will boost the growth of industrial valves in developing regions like LATAM, Middle East, Africa, and APAC.
  1. What does Beroe’s industrial valves market report indicate about the constraints for market growth?
  2. According to Beroe’s industrial valves market forecast and analysis, some of the constraints that the market faces comes from patent violation and copying the original technology by local players, unorganized labor market, and drop-in requirement from petrochemical industries.

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