Product Code: GVR-2-68038-194-8
Control Valves Market Growth & Trends:
The global control valves market size is expected to reach USD 12.40 billion by 2030, registering a CAGR of 9.4% during the forecast period, according to a new report by Grand View Research, Inc., rising at a CAGR of 6.50% during the forecast period. Surging demand from industrial sectors such as energy & power, water & wastewater treatment, and oil & gas industry and growing adoption of industrial automation propelling the smart control valves market are fueling the demand for control valves. Additionally, rising demand for control valves in the pharmaceutical and food & beverages industries is expected to drive the market.
Increasing adoption of control valves is rising continuously owing to the benefits they offer in controlling temperature and pressure throughout the downstream, midstream, and upstream activities. Therefore, growing oil & gas exploration activities are triggering the demand for control valves. Control valves offer various benefits of installing modernized and sophisticated fluid handling systems. In the pharmaceutical industry, there is a rising demand for fluid handling systems, owing to safety procedures in order to manufacture a hygienic and safe product.
These sophisticated fluid handling mechanisms are helpful in speeding up the manufacturing process, thus ensuring optimal performance. Moreover, the food & beverages industry utilizes control valves to speed up the manufacturing process and ensure the hygiene of end products such as packaged food. Surging demand for packaged food is augmenting the control valves market growth. This is due to the application of flow control devices with suitable control valve design and technology for improved quality of end product.
Asia Pacific is expected to dominate the market owing to increasing demand from the energy & power and water & wastewater industries. These industries are investing heavily to automate their flow-control processes, so as to increase production efficiency and simultaneously reduce error ratio. Furthermore, expanding the production of oil sands and shale gas in North America and rising oil & gas exploration activities in regions such as Middle East and Africa, and Asia Pacific are accelerating the demand for control valves over the forecast period.
Control Valves Market Report Highlights:
- The actuator segment is expected to dominate the control valves market throughout the forecast period owing to significant cost as compared to valve body and other components
- The market for control valves with size ranging from 1" to 6" is expected to dominate throughout the forecast period owing to its wide demand across the food & beverages, pharmaceutical, energy & power, and chemical industries.
- Asia Pacific is expected to be the most prominent region over the forecast period owing to increasing demand from industries such as oil & gas, water & wastewater, and energy & power in emerging economies such as China and India.
- Prominent industry participants include Emerson Electric Co., Flowserve Corporation, IMI plc, Schlumberger Limited, and AVK Holding A/S.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Component
- 1.1.2. Size
- 1.1.3. Product
- 1.1.4. Application
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Component outlook
- 2.2.2. Size outlook
- 2.2.3. Product outlook
- 2.2.4. Application outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Control Valves Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Value Chain Analysis
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market driver analysis
- 3.5.2. Market restraint analysis
- 3.5.3. Industry opportunities & challenges
- 3.6. Control Valves Market Analysis Tools
- 3.6.1. Industry analysis - Porter's
- 3.6.1.1. Supplier power
- 3.6.1.2. Buyer power
- 3.6.1.3. Substitution threat
- 3.6.1.4. Threat of new entrant
- 3.6.1.5. Competitive rivalry
- 3.6.2. PESTEL analysis
- 3.6.2.1. Political landscape
- 3.6.2.2. Technological landscape
- 3.6.2.3. Economic landscape
- 3.6.2.4. Social landscape
- 3.6.2.5. Environmental landscape
- 3.6.2.6. Legal landscape
Chapter 4. Supplier Portfolio Analysis
- 4.1. List of Suppliers
- 4.2. Kraljic Matrix
- 4.3. Sourcing Best Practices
- 4.4. Negotiation Strategies
Chapter 5. Control Valves : Component Estimates & Trend Analysis
- 5.1. Control Valves Market: Key Takeaways
- 5.2. Control Valves Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Valve Body
- 5.3.1. Valve body market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.4. Actuators
- 5.4.1. Actuators market estimates and forecasts, 2018 to 2030 (USD Million)
- 5.5. Others
- 5.5.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Control Valves : Size Estimates & Trend Analysis
- 6.1. Control Valves Market: Key Takeaways
- 6.2. Control Valves Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Less than 1"
- 6.3.1. Less than 1" market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.4. Between 1" to 6"
- 6.4.1. Between 1" to 6" market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.5. Between 6" to 25"
- 6.5.1. Between 6" to 25" market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.6. Between 25" to 50"
- 6.6.1. Between 25" to 50" market estimates and forecasts, 2018 to 2030 (USD Million)
- 6.7. More than 50"
- 6.7.1. More than 50" market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 7. Control Valves : Product Estimates & Trend Analysis
- 7.1. Control Valves Market: Key Takeaways
- 7.2. Control Valves Market: Movement & Market Share Analysis, 2022 & 2030
- 7.3. Linear
- 7.3.1. Linear market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.3.1.1. Gate
- 7.3.1.1.1. Gate market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.3.1.2. Diaphragm
- 7.3.1.2.1. Diaphragm market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.3.1.3. Others
- 7.3.1.3.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4. Rotary
- 7.4.1. Rotary market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4.1.1. Ball
- 7.4.1.1.1. Ball Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4.1.2. Butterfly
- 7.4.1.2.1. Butterfly Others market estimates and forecasts, 2018 to 2030 (USD Million)
- 7.4.1.3. Plug
- 7.4.1.3.1. Plug Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 8. Control Valves : Application Estimates & Trend Analysis
- 8.1. Control Valves Market: Key Takeaways
- 8.2. Control Valves Market: Movement & Market Share Analysis, 2022 & 2030
- 8.3. Oil & Gas
- 8.3.1. Oil & gas market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.4. Chemicals
- 8.4.1. Chemicals market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.5. Energy & Power
- 8.5.1. Energy & power market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.6. Water & Wastewater Treatment
- 8.6.1. Water & wastewater treatment market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.7. Food & Beverages
- 8.7.1. Food & beverages market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.8. Pharmaceuticals
- 8.8.1. Pharmaceuticals market estimates and forecasts, 2018 to 2030 (USD Million)
- 8.9. Others
- 8.9.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 9. Control Valves Market: Regional Estimates & Trend Analysis
- 9.1. Regional Outlook
- 9.2. Control Valves Market by Region: Key Takeaway
- 9.3. North America
- 9.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million, Volume)
- 9.3.2. U.S.
- 9.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.3.3. Canada
- 9.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.3.4. Mexico
- 9.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4. Europe
- 9.4.1. Germany
- 9.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.2. France
- 9.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.3. Italy
- 9.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.4. UK
- 9.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.5. Spain
- 9.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.4.6. Russia
- 9.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5. Asia Pacific
- 9.5.1. China
- 9.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5.2. India
- 9.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5.3. Japan
- 9.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5.4. South Korea
- 9.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5.5. Singapore
- 9.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.5.6. Australia
- 9.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.6. Central & South America
- 9.6.1. Brazil
- 9.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.6.2. Argentina
- 9.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.7. Middle East and Africa
- 9.7.1. Saudi Arabia
- 9.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.7.2. UAE
- 9.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
- 9.7.3. South Africa
- 9.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 10. Competitive Landscape
- 10.1. Recent Developments & Impact Analysis, By Key Market Participants
- 10.2. Market Participant Categorization
- 10.2.1. Emerson Electric Co.
- 10.2.1.1. Company overview
- 10.2.1.2. Financial performance
- 10.2.1.3. Product benchmarking
- 10.2.1.4. Strategic initiatives
- 10.2.2. Flowserve Corporation
- 10.2.2.1. Company overview
- 10.2.2.2. Financial performance
- 10.2.2.3. Product benchmarking
- 10.2.2.4. Strategic initiatives
- 10.2.3. IMI
- 10.2.3.1. Company overview
- 10.2.3.2. Financial performance
- 10.2.3.3. Product benchmarking
- 10.2.3.4. Strategic initiatives
- 10.2.4. Alfa Laval AB
- 10.2.4.1. Company overview
- 10.2.4.2. Financial performance
- 10.2.4.3. Product benchmarking
- 10.2.4.4. Strategic initiatives
- 10.2.5. AVK Holding A/S
- 10.2.5.1. Company overview
- 10.2.5.2. Financial performance
- 10.2.5.3. Product benchmarking
- 10.2.5.4. Strategic initiatives
- 10.2.6. Eaton
- 10.2.6.1. Company overview
- 10.2.6.2. Financial performance
- 10.2.6.3. Product benchmarking
- 10.2.6.4. Strategic initiatives
- 10.2.7. Honeywell International, Inc.
- 10.2.7.1. Company overview
- 10.2.7.2. Financial performance
- 10.2.7.3. Product benchmarking
- 10.2.7.4. Strategic initiatives
- 10.2.8. Velan Inc.
- 10.2.8.1. Company overview
- 10.2.8.2. Financial performance
- 10.2.8.3. Product benchmarking
- 10.2.8.4. Strategic initiatives
- 10.2.9. Burkert Fluid Control System
- 10.2.9.1. Company overview
- 10.2.9.2. Financial performance
- 10.2.9.3. Product benchmarking
- 10.2.9.4. Strategic initiatives
- 10.2.10. Valvitalia SpA
- 10.2.10.1. Company overview
- 10.2.10.2. Financial performance
- 10.2.10.3. Product benchmarking
- 10.2.10.4. Strategic initiatives