Industrial Valves Market Intelligence

Are you looking for answers on Industrial Valves category?

Are you looking for answers on Industrial Valves category?

  • What are the key trends in Industrial Valves category?
  • Am I paying the right price?
  • Am I working with the right supplier?
  • What are the major challenges and risks in Industrial Valves industry?
  • How is Industrial Valves industry performing?

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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

$21.6 Bn

Market Size Europe

$22.8 Bn

Market Size Asia Pacific

$31.6 Bn

Market Size Middle East - Asia

$6.7 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.

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. Market Outlook
  3. Supply Market Outlook

 

  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

 

  1. Industrial Valves Supply Analysis
  2. Supply Outlook
  3. Global Supplier Capability
  4. Regional Supplier Capability
  5. Top Global Supplier Profiling

 

  1. Cost Structure
  2. Direct Materials: Future Trend and Impact on Buyer
  3. Key Success Factors in Procurement of Valves

 

  1. Industrial Valves 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 is estimated at approximately $83.5 billion in 2016, 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
  • North America nearly had a flat growth in 2016, decreased oil production in the US and Canada, which is expected to revive by 2018, and low prospects of new business in the power sector will affect the market growth, whereas process efficiency taking the center stage in industries will propel the growth

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

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