The global control valves market size is expected to be worth around US$ 21.80 billion by 2030, according to a new report by Vision Research Reports.
The global control valves market size was valued at US$ 10.1 billion in 2020 and is anticipated to grow at a CAGR of 8.5% during forecast period 2021 to 2030.
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Control Valves Market (By Component Type: Valve body, Actuators; By Size Type: Less than 1”, Between 1” to 6”, Between 6” to 25”, Between 25” to 50”, More than 50”; By Product: Linear, Rotary; By End-use: Oil & Gas, Chemical, Energy & Power, Water & Wastewater, Food & Beverage, Pharmaceutical, Others (manufacturing, electronics, marine, pulp & paper, and textiles)) – Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook 2021 – 2030
Rise in need for automation in the process industry is expected to garner growth for the control valve market. Moreover, increase in investments in the oil & gas industry and pharmaceutical infrastructure is projected to boost growth of the control valve market. For instance, India invested $118 billion for oil & gas exploration and is setting up natural gas infrastructure to meet needs of oil & gas. In addition, demand for control valves in the food & beverages industry is expected to drive growth of the control valve market.
Rise in number of industrial infrastructure projects in developing countries such as India and Japan are expected to supplement growth of the control valve market. For instance, in September 2020, the Spain government offered $226.2 million for renewable energy projects. However, competition from domestic manufacturers is anticipated to hamper growth of the control valve market. On the other hand, emerging countries such as India and China are focused on investing in hydrocarbons, which is projected to provide lucrative opportunities for market players in the control valve market.
Demand for control valves for industries such as oil & gas and chemical projects is expected to increase during the forecast period. Hence, a halt in manufacturing activities and lockdowns for several months have affected the global control valve market, with slow recovery is anticipated during 2021. This is further projected to the re-opening of control valve industry at their full-scale capacities, which in turn, would aid the market to recover by the start of 2022.
The control valve manipulates a flowing fluid, such as gas, steam, water, or chemical compounds to compensate for the load disturbance and keeps the regulated process variable as close as possible to the desired set point. Control valves are the most important part of any process control loop, as they are critical to the overall performance of the process especially when reliability and productivity are the primary goals.
Key Players
Emerson Electric Co.; Flowserve Corporation; IMI plc; Alfa Laval AB; AVK Holding A/S; Eaton; Honeywell International, Inc.; Velan; Inc., Burkert Fluid Control System; and Valvitalia SpA.
Market Segmentation
- By Component Type
- Valve body
- Actuators
- Others
- By Size Type
- Less than 1”
- Between 1” to 6”
- Between 6” to 25”
- Between 25” to 50”
- More than 50”
- By Product Type
- Linear
- Gate
- Diaphragm
- Others
- Rotary
- Ball
- Butterfly
- Plug
- Linear
- By End-use
- Oil & Gas
- Chemical
- Energy & Power
- Water & Wastewater
- Food & Beverage
- Pharmaceutical
- Others (manufacturing, electronics, marine, pulp & paper, and textiles)
- Regional
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Australia
- South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- United Arab Emirates (U.A.E.)
- South Africa
- North America
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Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Product Type Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Control Valves Market, By Component Type
7.1. Control Valves Market, by Component Type, 2021-2030
7.1.1. Valve body
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Actuators
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Others
7.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Control Valves Market, By Size Type
8.1. Control Valves Market, by Size Type, 2021-2030
8.1.1. Less than 1”
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Between 1” to 6”
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Between 6” to 25”
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Between 25” to 50”
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. More than 50″
8.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Control Valves Market, By Product Type
9.1. Control Valves Market, by Product Type, 2021-2030
9.1.1. Linear
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Rotary
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Control Valves Market, By End-use
10.1. Control Valves Market, by End-use, 2021-2030
10.1.1. Oil & Gas
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Chemical
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Energy & Power
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Water & Wastewater
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Food & Beverage
10.1.5.1. Market Revenue and Forecast (2017-2030)
10.1.6. Pharmaceutical
10.1.6.1. Market Revenue and Forecast (2017-2030)
10.1.7. Others (manufacturing, electronics, marine, pulp & paper, and textiles)
10.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Control Valves Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.1.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.1.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.1.4. Market Revenue and Forecast, by End-use (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.1.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.1.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.2.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.2.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.3.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.3.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.4.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.6.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.7.4. Market Revenue and Forecast, by End-use (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.4.8.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.5.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.5.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.5.5.4. Market Revenue and Forecast, by End-use (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Component Type (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Size Type (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Product Type (2017-2030)
11.5.6.4. Market Revenue and Forecast, by End-use (2017-2030)
Chapter 12. Company Profiles
12.1. Emerson Electric Co
12.1.1. Company Overview
12.1.2. Component Type Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Flowserve Corporation
12.2.1. Company Overview
12.2.2. Component Type Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. IMI plc
12.3.1. Company Overview
12.3.2. Component Type Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Alfa Laval AB
12.4.1. Company Overview
12.4.2. Component Type Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. AVK Holding A/S
12.5.1. Company Overview
12.5.2. Component Type Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Eaton
12.6.1. Company Overview
12.6.2. Component Type Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Honeywell International, Inc
12.7.1. Company Overview
12.7.2. Component Type Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Velan, Inc
12.8.1. Company Overview
12.8.2. Component Type Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Burkert Fluid Control System
12.9.1. Company Overview
12.9.2. Component Type Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Valvitalia SpA
12.10.1. Company Overview
12.10.2. Component Type Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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