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全球工業閥門市場規模：按閥門類型、按材料類型、按行業、按規模、按地區、範圍和預測

Global Industrial Valves Market Size By Valve Type, By Material Type, By Industry, By Size, By Geographic Scope and Forecast

出版日期: 2024年09月19日 | 出版商:

Verified Market Research | 英文 202 Pages | 商品交期: 2-3個工作天內

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簡介目錄

工業閥門市場規模及預測

2024年工業閥門市場規模為773.8億美元，預計2031年將達到1025.3億美元，2024年至2031年複合年增長率為3.58%。工業閥門是許多領域中用於調節、控制和引導系統內流體（液體、氣體、漿料）流動的關鍵部件。這些閥門可打開、關閉或部分阻塞通道，以確保石油和天然氣、水處理、製藥和製造等行業的流程順利運作。它們有多種形式，包括閘閥、球閥、截止閥、止回閥和蝶閥，每種形式都是針對特定應用和使用情況而設計的。

工業閥門是石油和天然氣、水處理、發電和製造等廣泛行業中使用的關鍵部件。調節液體、氣體和漿料通過管道和處理系統的流量。閘閥、截止閥、球閥和蝶閥是工業閥門的常見類型，每種閥門都有不同的功能，例如節流、隔離和流量調節。

隨著自動化和智慧技術的日益普及，工業閥門市場預計將顯著成長。將物聯網 (IoT) 功能整合到閥門系統中可以改善監控和控制，從而實現預測性維護和即時數據分析。這項變更提高了營運效率、減少了停機時間並降低了維護成本。

全球工業閥門市場動態

主要市場推動因素：

石油和天然氣產業需求不斷成長：

石油和天然氣行業是工業閥門的主要用戶，用於勘探、開採、精煉和運輸等各種作業。人口成長和工業化正在增加全球能源消耗，推動石油和天然氣項目的投資。

基礎建設發展：

新興國家的快速城市化和基礎設施發展是工業閥門市場的主要推動因素。政府正大力投資水和廢水管理、運輸和能源生產等基礎設施。這增加了對這些系統中用於控制流體流量、調節壓力和維護安全的各種類型閥門的需求。

關注能源效率和永續性：

人們對能源效率和環境永續性的認識不斷提高，正在推動產業使用自動閥門系統等先進技術。這些技術改進了製程控制、節約能源並減少對環境的影響。

主要課題

基礎設施老化：

由於許多行業依賴老化的基礎設施，過時的閥門系統通常需要改造或更換。這會導致營運成本增加和維修期間的停機時間增加。升級到當前的閥門技術需要大量費用，而且可能令人望而卻步，特別是對於許多預算緊張的公司。

原物料價格波動：

閥門製造中使用的原材料（例如金屬和聚合物）的成本可能會因市場需求、地緣政治事件和供應鏈中斷而波動。這種波動可能導致生產成本不可預測，使生產商難以維持有競爭力的價格。

嚴格的法律：

石油和天然氣、水處理和製藥等行業必須遵守嚴格的安全和環境法律。遵守這些要求通常需要在研究、測試和認證過程中進行大量投資。

主要趨勢：

提高自動化和智慧技術：

工業閥門產業正在經歷向自動化和智慧技術引入的重大轉變。各行業正在部署具有感測器和物聯網功能的智慧閥門，以提供即時監控和控制。這一趨勢提高了營運效率，減少了停機時間，實現了預測性維護，並最終提高了工業流程的整體性能。

對能源效率不斷增長的需求：

隨著全球對永續發展和減少碳足跡的關注，業界正在尋求更節能的解決方案。工業閥門，特別是那些設計用於流體管理的閥門，是為了在優化流量的同時減少能源消耗而開發的。自動化執行器和先進的密封技術正在推動這一趨勢，使設施能夠降低營運成本，同時滿足能源效率的監管要求。

新興市場的擴張：

由於工業化程度的提高和基礎設施的發展，新興國家的工業閥門市場正在擴大。亞洲、拉丁美洲和中東國家正大力投資石油和天然氣、水管理和能源發電等產業。

Industrial Valves Market size was valued at USD 77.38 Billion in 2024 and is projected to reach USD 102.53 Billion by 2031 , growing at a CAGR of 3.58% from 2024 to 2031. Industrial valves are crucial components used in many sectors to regulate, control, and direct the flow of fluids (liquids, gases, or slurries) inside a system. These valves open, close, or partially obstruct passages to ensure the smooth operation of processes in industries such as oil and gas, water treatment, medicines, and manufacturing. They come in numerous forms including gate valves, ball valves, globe valves, check valves, and butterfly valves, and each is designed for specific uses and operating circumstances.

Industrial valves are crucial components used in a wide range of industries, including oil and gas, water treatment, power production, and manufacturing. They regulate the flow of liquids, gases, and slurries through pipelines and processing systems. Gate valves, globe valves, ball valves, and butterfly valves are common types of industrial valves, each with a distinct function such as throttling, isolation, or flow regulation.

The industrial valve market is predicted to grow significantly as automation and smart technologies become more prevalent. The integration of Internet of Things (IoT) capabilities in valve systems will improve monitoring and control, enabling predictive maintenance and real-time data analytics. This change will increase operating efficiency, decrease downtime, and lower maintenance expenses.

Global Industrial Valves Market Dynamics

The key market dynamics that are shaping the global industrial valves market include:

Key Market Drivers:

Rising Demand in the Oil and Gas Sector:

The oil and gas industry is a major user of industrial valves which are used for a variety of operations including exploration, extraction, refining, and transportation. Global energy consumption is rising due to population increase and industrialization which is driving investment in oil and gas projects.

Infrastructure Development:

Rapid urbanization and infrastructure development in emerging nations are key drivers of the industrial valves market. Governments are making significant investments in water and wastewater management, transportation, and energy generation infrastructure. This increases the demand for various types of valves used in these systems to control fluid flow, regulate pressure, and maintain safety.

Focus on Energy Efficiency and Sustainability:

The growing awareness of energy efficiency and environmental sustainability has prompted industry to use advanced technology such as automated valve systems. These technologies improve process control, save energy, and lessen environmental impact.

Key Challenges:

Aging Infrastructure:

Many sectors rely on aging infrastructure which frequently necessitates adapting or replacing antiquated valve systems. This can result in higher operating expenses and downtime during repair. Upgrading to current valve technologies requires significant expenditure which can be prohibitive for many businesses, particularly those with limited budgets.

Fluctuating Raw Material Prices:

The cost of raw materials used in valve manufacturing such as metals and polymers, can fluctuate due to market demand, geopolitical events, and supply chain disruptions. These variations might result in unpredictable production costs making it difficult for producers to maintain competitive pricing.

Stringent Laws:

Industries such as oil and gas, water treatment, and medicines must adhere to strict safety and environmental laws. Compliance with these requirements frequently necessitates large investments in research, testing, and certification processes.

Key Trends:

Increased Automation and Smart Technologies:

The industrial valves industry is seeing a substantial transition toward automation and the incorporation of intelligent technologies. Industries are implementing smart valves with sensors and IoT capabilities to provide real-time monitoring and control. This trend improves operational efficiency, lowers downtime, and enables predictive maintenance, ultimately enhancing the overall performance of industrial processes.

Growing Demand for Energy Efficiency:

With a global focus on sustainability and lowering carbon footprints, industries are looking for more energy-efficient solutions. Industrial valves, particularly those designed for fluid management are being developed to reduce energy usage while optimizing flow. Automated actuators and sophisticated sealing technologies help to drive this trend allowing facilities to save operational costs while achieving regulatory energy efficiency requirements.

Expansion in Emerging Markets:

The industrial valve market is expanding in emerging nations, owing to rising industrialization and infrastructure development. Countries in Asia, Latin America, and the Middle East are making significant investments in industries such as oil and gas, water management, and energy generation.

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Global Industrial Valves Market Regional Analysis

Here is a more detailed regional analysis of the global industrial valves market:

Asia Pacific:

The Asia Pacific region leads the industrial valves market owing to increasing industrialization and considerable investments in infrastructure development. This supremacy is supported by the region's strong manufacturing sector, increased energy output, and expanded water treatment facilities. The growing oil and gas industry is a major driver of the Asia Pacific industrial valves market.

According to the International Energy Agency (IEA), the region's oil demand is expected to rise from 32.9 million barrels per day in 2020 to 37.1 million barrels per day in 2026, a 12.8% increase. This expansion involves significant investments in exploration, production, and refining infrastructure, which increases demand for industrial valves. Furthermore, the region's rising urbanization and industrialization increase the demand for water and wastewater treatment facilities.

The manufacturing sector's expansion is also boosting the industrial valves market. According to the Asian Development Bank, Southeast Asia's industrial value added increased by 208%, from USD 496 Billion in 2000 to USD 53 Trillion in 2021. This industrial boom has resulted in a greater use of automation and process control systems which rely largely on industrial valves. Furthermore, government initiatives boosting domestic manufacture, such as India's "Make in India" program, are stimulating industrial growth and, as a result, driving valve demand.

North America:

The North American industrial valves market is rapidly expanding with the United States emerging as the fastest-growing segment in the area. This acceleration is primarily due to the country's extensive industrial infrastructure, constant technical developments, and significant expenditures in industries such as oil and gas, water treatment, and medicines. The expanding North American oil and gas industry is a key market driver.

According to the Energy Information Administration (EIA), crude oil output in the United States reached a record high of 12.2 million barrels per day in 2019, up 11% from 2018. The EIA predicts that US crude oil output will average 12.6 million barrels per day in 2023, increasing demand for industrial valves. The growing use of smart valves and Industrial Internet of Things (IIoT) technologies is also driving market expansion.

According to a survey from the International Society of Automation (ISA), the global market for IIoT in the process industry, including smart valves, will develop at a 7.3% CAGR through 2025. Furthermore, strict regulatory requirements are pushing demand for more efficient and dependable valve systems. Finally, the outdated infrastructure in North America requires replacements and updates.

Global Industrial Valves Market: Segmentation Analysis

The Global Industrial Valves Market is segmented based on Valve Type, Material Type, End-User Industry, Size, and Geography.

Industrial Valves Market, By Valve Type

Ball Valve Market
Butterfly Valve Market
Gate Valve Market
Globe Valve Market
Plug Valve Market
Diaphragm Valve Market
Safety Valve Market

Based on the Valve Type, the Global Industrial Valves Market is bifurcated into Ball Valve Market, Butterfly Valve Market, Gate Valve Market, Globe Valve Market, Plug Valve Market, Diaphragm Valve Market, and Safety Valve Market. The ball valve market is the dominant segment within the global industrial valves market. This dominance stems from ball valves' superior sealing capabilities, durability, and versatility in various applications including oil and gas, water treatment, and chemical processing. They provide low resistance to flow and are ideal for on/off control making them highly efficient for industries that require quick and reliable operation. Additionally, the growing demand for energy-efficient and reliable systems has led industries to favor ball valves over other types such as gate or globe valves, which may have higher pressure drops and slower response times.

Industrial Valves Market, By Material Type

Steel
Cast Iron
Alloy Based
Cryogenic
Others

Based on the Material Type, the Global Industrial Valves Market is bifurcated into Steel, Cast Iron, Alloy Based, Cryogenic, and Others. In the global industrial valves market, steel valves dominate due to their strength, durability, and versatility. Steel valves are highly resistant to corrosion and wear making them suitable for various applications across industries such as oil and gas, water treatment, and power generation. Their ability to withstand high pressures and temperatures further enhances their appeal, particularly in critical applications. Additionally, the growing demand for robust and efficient systems in sectors like manufacturing and energy is fueling the preference for steel valves.

Industrial Valves Market, By End-User Industry

Oil & Gas
Water & Wastewater
Energy & Power
Chemical
Food & Beverages
Pharmaceutical
Building and Construction
Others

Based on the End-User Industry, the Global Industrial Valves Market is bifurcated into Oil & Gas, Water & Wastewater, Energy & Power, Chemical, Food & Beverages, Pharmaceutical, Building and Construction, and Others. The oil and gas industry is the dominant segment in the global industrial valves market due to its extensive use of various valve types for critical applications such as exploration, extraction, refining, and transportation. The demand for efficient and reliable flow control systems in this sector drives significant investments in valve technology as companies prioritize safety and operational efficiency. Additionally, the growing need for energy security and the shift towards sustainable practices further fuel the demand for advanced industrial valves in oil and gas applications.

Industrial Valves Market, By Size

Up to 1"

1"-6"

6"-25"

25"-50"

50" & Above

Based on the Size, the Global Industrial Valves Market is bifurcated into Up to 1", 1"-6", 6"-25", 25"-50", and 50" & Above. In the global industrial valves market, the 1"-6" size range is the dominant segment, primarily due to its versatility and widespread application across various industries. Valves in this range are commonly used in oil and gas, water treatment, chemical processing, and manufacturing where efficient flow control is essential. This size is ideal for a range of systems, balancing capacity, and compactness, making it suitable for both residential and industrial applications. Additionally, the growing focus on infrastructure development and modernization of existing facilities contributes to the demand for 1"-6" valves.

Industrial Valves Market, By Geography

North America
Europe
Asia Pacific
Rest of the World

Based on Geography, the Global Industrial Valves Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region is the dominant market for industrial valves driven by rapid industrialization and urbanization in countries like China and India. This region is witnessing significant investments in infrastructure development, manufacturing, and energy sectors leading to increased demand for industrial valves across various applications including oil and gas, water treatment, and power generation. Additionally, the presence of key manufacturers and a growing focus on enhancing production capacities further bolster the market.

Key Players

The "Global Industrial Valves Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are
AVK Holding A/S, Avcon Controls Pvt Ltd, Cameron - Schlumberger, Crane Co., Emerson, Flowserve Corporation, Forbes Marshall, IMI PLC., Kitz Corporation, Metso Corporation, Neway Valves (Suzhou) Co., Ltd., Pentair PLC, Velan, Inc., Samson AG, The Weir Group, PLC.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Industrial Valves Market Key Developments

In October 2023, the AVK Group purchased Bayard S.A.S., Talis Flow Control (Shanghai) Co. Ltd., Belgicast International S.L., and sales companies in Italy and Portugal. The acquisition is likely to help the company grow even further.
In October 2023, Burhani Engineers Ltd. will open a valve testing and rehabilitation facility in Nairobi, Kenya. This hub is projected to reduce the costs of repairing and maintaining existing valves in the oil and gas, electricity, mining, and other industries.

1 INTRODUCTION OF GLOBAL INDUSTRIAL VALVES MARKET

1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL INDUSTRIAL VALVES MARKET OUTLOOK

4.1 Overview
4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL INDUSTRIAL VALVES MARKET, BY VALVE TYPE

5.1 Overview
5.2 Ball Valve Market
5.3 Butterfly Valve Market
5.4 Gate Valve Market
5.5 Globe Valve Market
5.6 Plug Valve Market
5.7 Diaphragm Valve Market
5.8 Safety Valve Market

6 GLOBAL INDUSTRIAL VALVES MARKET, BY MATERIAL TYPE

6.1 Overview
6.2 Steel
6.3 Cast Iron
6.4 Alloy Based
6.5 Cryogenic
6.6 Others

7 GLOBAL INDUSTRIAL VALVES MARKET, BY INDUSTRY

7.1 Overview
7.2 Oil & Gas
7.3 Water & Wastewater
7.4 Energy & Power
7.5 Chemical
7.6 Food & Beverages
7.7 Pharmaceutical
7.8 Building and Construction
7.9 Others

8 GLOBAL INDUSTRIAL VALVES MARKET, BY SIZE

8.1 Overview
8.2 Up to 1"
8.3 1"-6"
8.4 6"-25"
8.5 25"-50"
8.6 50" & Above

9 GLOBAL INDUSTRIAL VALVES MARKET, BY GEOGRAPHY

9.1 Overview
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
- 9.2.3 Mexico
9.3 Europe
- 9.3.1 Germany
- 9.3.2 U.K.
- 9.3.3 France
- 9.3.4 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 Rest of Asia Pacific
9.5 Rest of the World
- 9.5.1 Latin America
- 9.5.2 Middle East & Africa

10 GLOBAL INDUSTRIAL VALVES MARKET COMPETITIVE LANDSCAPE

10.1 Overview
10.2 Company Market Share
10.3 Key Development Strategies

11 COMPANY PROFILES

11.1 AVK Holding A/S
- 11.1.1 Overview
- 11.1.2 Financial Performance
- 11.1.3 Product Outlook
- 11.1.4 Key Developments
11.2 Avcon Controls Pvt Ltd
- 11.2.1 Overview
- 11.2.2 Financial Performance
- 11.2.3 Product Outlook
- 11.2.4 Key Developments
11.3 Neway Valves (Suzhou) Co., Ltd.
- 11.3.1 Overview
- 11.3.2 Financial Performance
- 11.3.3 Product Outlook
- 11.3.4 Key Developments
11.4 Crane Co.
- 11.4.1 Overview
- 11.4.2 Financial Performance
- 11.4.3 Product Outlook
- 11.4.4 Key Developments
11.5 Emerson
- 11.5.1 Overview
- 11.5.2 Financial Performance
- 11.5.3 Product Outlook
- 11.5.4 Key Developments
11.6 Flowserve Corporation
- 11.6.1 Overview
- 11.6.2 Financial Performance
- 11.6.3 Product Outlook
- 11.6.4 Key Developments
11.7 Forbes Marshall
- 11.7.1 Overview
- 11.7.2 Financial Performance
- 11.7.3 Product Outlook
- 11.7.4 Key Developments
11.8 IMI PLC.
- 11.8.1 Overview
- 11.8.2 Financial Performance
- 11.8.3 Product Outlook
- 11.8.4 Key Developments
11.9 Kitz Corporation
- 11.9.1 Overview
- 11.9.2 Financial Performance
- 11.9.3 Product Outlook
- 11.9.4 Key Developments
11.10 Metso Corporation
- 11.10.1 Overview
- 11.10.2 Financial Performance
- 11.10.3 Product Outlook
- 11.10.4 Key Developments