게이트 밸브 시장 예측(2023-2028년)

The global gate valve market was valued at US$13.655 billion in 2021.

Gate valves are a type of valve used to control fluid flow through a pipe or conduit and are named after the gate-like obstruction that moves perpendicular to the fluid flow to either allow or block the passage of the fluid. The different types of gate valves include parallel slide gate valves, solid wedge gate valves, flexible wedge gate valves, and double-disc valves, which find applicability in automotive, manufacturing, oil & gas, and marine sector due to their ability to provide a tight shut-off, handle high-pressure applications, and withstand harsh operating conditions. The increased automotive production and rise in manufacturing activities are anticipated to accelerate the demand for gate valves, propelling their market growth.

The surge in automotive production is expected to accelerate the gate valve market growth.

Gate valves are essential components in automotive systems that require reliable and precise flow control and are commonly used in engine cooling systems, fuel delivery systems, hydraulic systems, and air conditioning systems. Gate valves regulate the flow of coolant to maintain optimal engine temperature, and they ensure efficient cooling and prevent overheating, which is crucial for the proper functioning and longevity of automotive engines. Hydraulic systems in vehicles, such as power steering and braking systems, heavily rely on gate valves for precise control of fluid flow and pressure, and these valves enable smooth operation, precise steering control, and reliable braking performance, ensuring the safety and functionality of the vehicle. The increase in automotive production due to rapid urbanization will boost the demand for gate valves. In 2022, according to the International Organization of Motor Vehicle Manufacturers (OICA), global commercial vehicle production increased by up to 1.41% from 2021 to 2022. According to the European Automobile Manufacturers Association (ACEA), in 2021, the European Union produced 2.1 million commercial vehicles, a 1.0% increase over 2020. In 2022, according to the OICA, passenger car production in China increased from 21.4 million in 2021 to 23.8 million in 2022, which was an 11.34% increase. This shows that gate valves hold a great demand in the future.

Growing manufacturing activities are expected to impact the gate valves demand positively.

Gate valves are essential for controlling the flow of fluids, gases, and materials in manufacturing operations. They are utilized in diverse manufacturing industries, such as chemical processing manufacturing, food and beverage production, and pharmaceutical manufacturing. Gate valves are extensively used in chemical processing plants to regulate the flow of corrosive and hazardous fluids. Their robust construction and ability to handle high pressures and temperatures make them suitable for demanding chemical applications. Gate valves allow pharmaceutical manufacturers to maintain accurate dosing and achieve consistent product quality. They also provide shut-off capabilities, preventing cross-contamination and ensuring the integrity of the manufacturing process. The increase in manufacturing activities due to growing economies accelerates the demand for gate valves. According to the United Nations Industrial Development Organization (UNIDO) report in 2022, global manufacturing production grew by 9.4 % from 2020 to 2021. According to the Federal Reserve Board of the USA report in 2023, industrial production increased by 0.4% in March 2023 and is growing at an annual rate of 0.2%.

The Asia-Pacific region is expected to hold a significant market share throughout the forecast period.

The Asia-Pacific region is expected to hold a significant market share due to the region's thriving manufacturing sector, increasing automotive production, and rapid urbanization in growing economies like India and China. In 2022, Shu Jueting, a Ministry of Commerce (MOFCOM), announced that China's manufacturing industry maintains a good momentum of attracting foreign investment. China's manufacturing industry attracted $33.73 billion of foreign investment in 2021, a year-on-year increase of 8.8 percent; in February 2022, 20 carmakers, including Tata Motors Ltd, Suzuki Motor Gujarat, Mahindra and Mahindra, Hyundai, and Kia India Pvt. Ltd was chosen to receive production-linked incentives (PLI) as part of the government's plan to increase local vehicle manufacturing and attract new investment. The 20 automobile companies have proposed a total investment of around Rs. 45,000 crore (US$ 5.95 billion). Such positive developments will boost the demand for gate valves, boosting their regional market growth.

Market Developments:

• September 2021: GNB Innovation Labs released the "ISO 80 Gate Valve," which can be used on the roughing line of a vacuum chamber and operated with differential pressure across the gate.
• April 2021: DeZURIK announced a "Knife Gate Valve" with an innovative metal cutting design to provide a long service life in applications requiring shearing capabilities like those found in Pulp and Paper Recycle and Rejects Cyclone applications.
• March 2021: Weir Minerals launched the new "Isogate® WR knife gate valve," incorporating the latest advances in design and materials technology from Weir Minerals' expert engineers, and are more reliable, with minimal fluid discharge and weighing considerably less than equivalent mining valves.

Market Segmentation:

By Type

• Parallel Slide Gate Valve
• Solid Wedge Gate Valve
• Flexible Wedge Gate Valve
• Double-Disc Valve
• Others

By Material

• Stainless Steel
• Brass
• PVC (Polyvinyl Chloride)
• Others

By End-User

• Oil & Gas
• Manufacturing
• Automotive
• Marine
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• UK
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• Japan
• South Korea
• India
• Australia
• Other

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

• 2.1. Research Data
• 2.2. Research Process

3. EXECUTIVE SUMMARY

• 3.1. Research Highlights

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Force Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis

5. GATE VALVE MARKET BY TYPE

• 5.1. Introduction
• 5.2. Parallel Slide Gate Valve
• 5.3. Solid Wedge Gate Valve
• 5.4. Flexible Wedge Gate Valve
• 5.5. Double-Disc Valve
• 5.6. Others

6. GATE VALVE MARKET BY MATERIAL

• 6.1. Introduction
• 6.2. Stainless Steel
• 6.3. Brass
• 6.4. PVC (Polyvinyl Chloride)
• 6.5. Others

7. GATE VALVE MARKET BY END-USER

• 7.1. Introduction
• 7.2. Oil & Gas
• 7.3. Manufacturing
• 7.4. Automotive
• 7.5. Marine
• 7.6. Others

8. GATE VALVE MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. USA
  • 8.2.2. Canada
  • 8.2.3. Mexico
• 8.3. South America
  • 8.3.1. Brazil
  • 8.3.2. Argentina
  • 8.3.3. Others
• 8.4. Europe
  • 8.4.1. Germany
  • 8.4.2. UK
  • 8.4.3. France
  • 8.4.4. Spain
  • 8.4.5. Others
• 8.5. Middle East and Africa
  • 8.5.1. Saudi Arabia
  • 8.5.2. UAE
  • 8.5.3. Others
• 8.6. Asia Pacific
  • 8.6.1. China
  • 8.6.2. Japan
  • 8.6.3. South Korea
  • 8.6.4. India
  • 8.6.5. Australia
  • 8.6.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Emerging Players and Market Lucrativeness
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations
• 9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

• 10.1. Aalberts
• 10.2. Amco Industrial Valves
• 10.3. Emerson Electric Co
• 10.4. Flomatic Corporation (Boshart Industries Inc.)
• 10.5. Flowserve Corporation
• 10.6. Hawa Valves
• 10.7. JC Valves (TTV SA)
• 10.8. Parker Hannifin Corporation
• 10.9. Tiger Valve Company
• 10.10. Valves Only