“Control Valve Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on control valve market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for control valve? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The control valve market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Linear; Rotary
- 2) By Component: Valve Body; Actuator; Other Components
- 3) By Material: Stainless Steel; Alloy-Based; Cast Iron; Cyrogenic; Other Materials
- 4) By Industry: Oil and Gas; Water and Wastewater Treatment; Energy and Power; Pharmaceuticals; Food and Beverage; Chemicals; Building and Construction; Paper and Pulp; Metals and Mining; Other Industries
- Companies Mentioned: Schlumberger Limited; Samson AG; Velan Inc.; Curtiss-Wright Corporation; Crane Holdings Co.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the control valve market are Schlumberger Limited, Samson AG, Velan Inc., Curtiss-Wright Corporation, Crane Holdings Co., Alfa Laval AB, IMI Plc., Flowserve Corp., Emerson Electric Co., General Electric Company, Burkert Fluid Control Systems, Kitz Corporation, Neway Valve, Cla-Val, Apollo Valves, Arca Regler Gmbh, Lapar Control Valve, and Taylor Valve Technology Inc.
The global control valve market is expected to grow from $5.97 billion in 2022 to $6.73 billion in 2023 at a compound annual growth rate (CAGR) of 12.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The control valve market is expected to grow to $10.68 billion in 2027 at a CAGR of 12.2%.
The control valve market consists of sales of air to close valve, air to open valve, fail open valve, and fail close valves. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The control valve is a power-operated device that regulates the rate of fluid flow. The control valve is used to control pressure, flow, temperature and other variables.
North America was the largest region in the control valve market in 2022. The regions covered in the control valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of control valves are linear and rotary. Linear valves are pressure relief valve that is designed to prevent vacuum formation in process systems. The components involved are valve body, actuator, and others that are made of various materials such as stainless steel, alloy-based, cast iron, cryogenic, and others. They are used in oil and gas, water and wastewater treatment, energy and power, pharmaceuticals, food and beverage, chemicals, building and construction, paper and pulp, metals and mining, and other industries.
The growing oil & gas and power industries are expected to propel the control valve market growth going forward. The oil & gas industry refer to companies that are involved in discovering a resource, transporting to a refinery, and processing it into a finished product. The power industry includes businesses that are involved in providing power such as gas, and electricity to domestic and commercial uses. The boom in the oil & gas and power industries requires the installation of control valves for processing and distribution. For instance, according to Energy Information Administration - EIA, a US-based provider of energy information, the production of crude oil in the US in 2022 increased by 14.05% to 11,316 barrels per day compared to 9,925 barrels per day in 2021. Also, the electricity net generation in the US in September 2022 increased by 0.9% to 350,920 thousand MWh from 2021. Therefore, the growing oil & gas and power industries are driving the growth of the control vales market.
Technological Advancements are a key trend gaining popularity in the control valve market. Major companies operating in the control valve market are focused on developing new technological solutions to strengthen their position. For instance, in February 2020, Emerson Electric Co., a US-based corporation that manufactures products and provides engineering services launched the ASCO Series 158 Gas Valve, which is expected to enhance the safety and reliability of combustion systems. The new valve ensures a safe shutoff in event of a failure of the fuel train system and it also eliminates the need for other safety components.
In February 2020, The Curtiss-Wright Corporation, a US-based provider of highly engineered, technologically advanced products and services acquired Dyna-Flo Control Valve Services Ltd for CAD 81 million (US$ 62 million). With this acquisition, the Dyna-Flo Control Valve Services Ltd will be part of Curtiss-Commercial/Industrial Wright's segment and is anticipated to generate free cash flow conversion rates above 100%. Dyna-Flo Control Valve Services Ltd is a Canada-based designer and manufacturer of linear and rotary control valves, isolation valves, actuators, and level and pressure control systems for the chemical, petrochemical, and oil and gas markets.
The countries covered in the control valve market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The control valves market research report is one of a series of new reports from The Business Research Company that provides control valves market statistics, including control valves industry global market size, regional shares, competitors with control valves market share, detailed control valves market segments, market trends, and opportunities, and any further data you may need to thrive in the control valves industry. This control valve market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Table of Contents
1. Executive Summary
2. Control Valve Market Characteristics
3. Control Valve Market Trends And Strategies
4. Control Valve Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Control Valve Market
- 4.2. Ukraine-Russia War Impact On Control Valve Market
- 4.3. Impact Of High Inflation On Control Valve Market
5. Control Valve Market Size And Growth
- 5.1. Global Control Valve Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Control Valve Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Control Valve Market Segmentation
- 6.1. Global Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Linear
- Rotary
- 6.2. Global Control Valve Market, Segmentation By Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Valve Body
- Actuator
- Other Components
- 6.3. Global Control Valve Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Stainless Steel
- Alloy-Based
- Cast Iron
- Cyrogenic
- Other Materials
- 6.4. Global Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Oil And Gas
- Water And Wastewater Treatment
- Energy And Power
- Pharmaceuticals
- Food And Beverage
- Chemicals
- Building And Construction
- Paper And Pulp
- Metals And Mining
- Other Industries
7. Control Valve Market Regional And Country Analysis
- 7.1. Global Control Valve Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Control Valve Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Control Valve Market
- 8.1. Asia-Pacific Control Valve Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Control Valve Market
- 9.1. China Control Valve Market Overview
- 9.2. China Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Control Valve Market
- 10.1. India Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Control Valve Market
- 11.1. Japan Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Control Valve Market
- 12.1. Australia Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Control Valve Market
- 13.1. Indonesia Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Control Valve Market
- 14.1. South Korea Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Control Valve Market
- 15.1. Western Europe Control Valve Market Overview
- 15.2. Western Europe Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Control Valve Market
- 16.1. UK Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Control Valve Market
- 17.1. Germany Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Control Valve Market
- 18.1. France Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Control Valve Market
- 19.1. Eastern Europe Control Valve Market Overview
- 19.2. Eastern Europe Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Control Valve Market
- 20.1. Russia Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Control Valve Market
- 21.1. North America Control Valve Market Overview
- 21.2. North America Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Control Valve Market
- 22.1. USA Control Valve Market Overview
- 22.2. USA Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Control Valve Market
- 23.1. South America Control Valve Market Overview
- 23.2. South America Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Control Valve Market
- 24.1. Brazil Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Control Valve Market
- 25.1. Middle East Control Valve Market Overview
- 25.2. Middle East Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Control Valve Market
- 26.1. Africa Control Valve Market Overview
- 26.2. Africa Control Valve Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Control Valve Market, Segmentation By Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Control Valve Market Competitive Landscape And Company Profiles
- 27.1. Control Valve Market Competitive Landscape
- 27.2. Control Valve Market Company Profiles
- 27.2.1. Schlumberger Limited
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Samson AG
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Velan Inc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Curtiss-Wright Corporation
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Crane Holdings Co.
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Control Valve Market
29. Control Valve Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer