앵글 셧오프 밸브 시장 예측(-2030년) : 유형별, 밸브 유형별, 재료별, 유통 채널별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Angle Shut-off Valve Market is accounted for $75.14 billion in 2023 and is expected to reach $123.05 billion by 2030 growing at a CAGR of 7.3% during the forecast period. An angle shut-off valve, also known as an angle stop valve or angle valve, is a type of plumbing valve used to control the flow of water in a pipeline. Angle shut-off valves have an L-shaped body, which allows them to be installed in tight spaces or close to walls. The primary function of an angle shut-off valve is to control the flow of water to a fixture, appliance, or plumbing component. They are commonly used in sinks, toilets, and other plumbing installations.

Market Dynamics:

Driver:

Industrial growth and expansion

The expansion of industries such as manufacturing, petrochemical, chemical processing, and water treatment drives the demand for angle shut-off valves. These valves are essential for controlling the flow of fluids and gases in industrial processes. Industrial growth often comes hand in hand with technological advancements. These advancements may lead to the adoption of more sophisticated and efficient valves, including advanced angle shut-off valves, to optimize processes. Therefore, the expanding urbanization and industrialization is fuelling the market growth.

Restraint:

Price sensitivity

Customers, particularly in industries with tight budgets or cost-sensitive projects, may be reluctant to invest in premium or higher-priced valves. This puts pressure on manufacturers to offer their valves at competitive prices, potentially leading to lower profit margins. Price-sensitive markets may lead manufacturers to allocate fewer resources to research, development, and quality control. It further limits market entry for premium products and also restricts heavy promotion budgets which thereby hinder the market expansion.

Opportunity:

Rising industrial automation & process control

Rising industrial automation and process control play a significant role in driving the demand for angle shut-off valves. In automated industrial processes, precise control over fluid flow is crucial. As industries increasingly adopt automation technologies, valves need to be compatible with these systems. Angle shut-off valves can be integrated into programmable logic controllers (PLCs) and distributed control systems (DCS) to facilitate seamless control and monitoring of fluid flow. It also provides benefits such as energy efficiency, reduced human intervention, consistency and reliability which propel the market demand.

Threat:

Competition from alternative valve types

Alternative valve types, such as ball valves or globe valves, offer different performance characteristics that make them more suitable for certain applications. When compared to angle shut-off valves, alternative valves could occasionally be less expensive to produce, install, or maintain. Additionally, substitute valves might become quite popular in the market if they are thought to be more sustainable or favourable to the environment. The expansion of the market is also being hampered by elements like innovation and distinctiveness, as well as simplicity of maintenance and repairs.

COVID-19 Impact

The COVID-19 pandemic had various impacts on industries worldwide, including the manufacturing and distribution of industrial components like angle shut-off valves. The construction, manufacturing, and energy sectors-which are major consumers of angle shut-off valves-may have seen variations in demand as a result of pandemic-related uncertainty. Numerous industrial projects were postponed or delayed. Following the epidemic, production has resumed and the market has become more consistent.

The aggressive fluids regulation segment is expected to be the largest during the forecast period

The aggressive fluids regulation segment is estimated to have a lucrative growth, due to its chemical compatibility, corrosion resistance, reduced maintenance and downtime. Also, angle shut-off valves that are specifically engineered for aggressive fluids, users can expect a longer service life compared to using non-specialized valves. This leads to cost savings and increased operational efficiency. Their design, material selection, and sealing capabilities are optimized to prevent damage from corrosive or abrasive substances, providing a crucial component for industries dealing with these types of fluids.

The water treatment plants segment is expected to have the highest CAGR during the forecast period

The water treatment plants segment is anticipated to witness the highest CAGR growth during the forecast period, due to its flow regulation and dosing systems. Angle shut-off valves allow for the isolation of specific components or sections of the treatment plant. This is crucial for maintenance, repairs, and replacement of equipment without shutting down the entire system. These valves can be used to divert water flow to different treatment processes or units within the plant. Angle shut-off valves are used to control the flow of water during backwashing processes, where water is reversed through the filter to clean it. It contributes to the efficient and effective treatment of water for various purposes.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to its economic growth, urbanization, industrialization, and infrastructure development. Rapid industrialization in countries like China and India, along with infrastructure development projects, led to increased demand for angle shut-off valves in sectors such as manufacturing, construction, and utilities. The need for water and wastewater treatment facilities in densely populated Asian cities has driven the demand for angle shut-off valves, particularly in municipal and industrial applications.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to its infrastructure modernization, booming oil and gas industry, smart valve solutions and renewable energy projects. North America has stringent regulations governing the quality and safety of valves used in various industries. The United States has a thriving oil and gas sector. Canada is a major player in the sand and mining industries. These sectors require robust valves for various applications, providing opportunities for manufacturers.

Key players in the market

Some of the key players profiled in the Angle Shut-off Valve Market include: Emerson Electric Co, Watos, GEKO Fluid Control GmbH, Azbil Corporation, Fanovo Industries, NIBCO Inc Genebre, Honeywell Corporation, Fujikin, Dover Corporation, Hansbo Industrial Company, Samson AG, CIRCOR International Inc, Schlumberger, KITZ Corporation, Flowserve Corporation and Metso Corporation.

Key Developments:

In February 2023, Global technology and software leader Emerson has launched its new ASCOTM Series 262 and 263 Biodiesel Valves, the first combustion valves certified for use with biodiesel blended fuel in industrial and commercial boilers in the Americas and Asia.

In February 2022, CIRCOR International, Inc., has introduced its new CIR 3100 control valve, a valve body with multiple internal options for many general, critical and severe applications including upstream, midstream and downstream oil and gas, power generation, processing industries, maritime and renewables.

Types Covered:

• Manual
• Pneumatic
• Electromagnetic

Valve Types Covered:

• Globe Valve
• Gate Valve
• Ball Valve
• Other Valve Types

Materials Covered:

• Bronze
• Stainless Steel
• Brass
• Cast Iron
• Plastic

Distribution Channels Covered:

• Wholesalers/Distributors
• Retailers
• Online Retailers
• Direct Sales
• Original Equipment Manufacturer (OEM)
• Other Distribution Channels

Applications Covered:

• Gases Regulation
• Oil Regulation
• Vacuum Regulation
• Water Regulation
• Steam Regulation
• Aggressive Fluids Regulation

End Users Covered:

• Chemical Industry
• Oil & Gas Industry
• Water Treatment Plants
• Residential
• Commercial Buildings
• Heating, Ventilation, & Air Conditioning (HVAC)
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Angle Shut-off Valve Market, By Type

• 5.1 Introduction
• 5.2 Manual
• 5.3 Pneumatic
• 5.4 Electromagnetic

6 Global Angle Shut-off Valve Market, By Valve Type

• 6.1 Introduction
• 6.2 Globe Valve
• 6.3 Gate Valve
• 6.4 Ball Valve
• 6.5 Other Valve Types

7 Global Angle Shut-off Valve Market, By Material

• 7.1 Introduction
• 7.2 Bronze
• 7.3 Stainless Steel
• 7.4 Brass
• 7.5 Cast Iron
• 7.6 Plastic

8 Global Angle Shut-off Valve Market, By Distribution Channel

• 8.1 Introduction
• 8.2 Wholesalers/Distributors
• 8.3 Retailers
• 8.4 Online Retailers
• 8.5 Direct Sales
• 8.6 Original Equipment Manufacturer (OEM)
• 8.7 Other Distribution Channels

9 Global Angle Shut-off Valve Market, By Application

• 9.1 Introduction
• 9.2 Gases Regulation
• 9.3 Oil Regulation
• 9.4 Vacuum Regulation
• 9.5 Water Regulation
• 9.6 Steam Regulation
• 9.7 Aggressive Fluids Regulation

10 Global Angle Shut-off Valve Market, By End User

• 10.1 Introduction
• 10.2 Chemical Industry
• 10.3 Oil & Gas Industry
• 10.4 Water Treatment Plants
• 10.5 Residential
• 10.6 Commercial Buildings
• 10.7 Heating, Ventilation, & Air Conditioning (HVAC)
• 10.8 Other End Users

11 Global Angle Shut-off Valve Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Emerson Electric Co
• 13.2 Watos
• 13.3 GEKO Fluid Control GmbH
• 13.4 Azbil Corporation
• 13.5 Fanovo Industries
• 13.6 NIBCO Inc Genebre
• 13.7 Honeywell Corporation
• 13.8 Fujikin
• 13.9 Dover Corporation
• 13.10 Hansbo Industrial Company
• 13.11 Samson AG
• 13.12 CIRCOR International Inc
• 13.13 Schlumberger
• 13.14 KITZ Corporation
• 13.15 Flowserve Corporation
• 13.16 Metso Corporation