Water and Gas Valve Market size was valued as a US $ 6.1 Bn market in 2022 and is expected to grow at a CAGR of 4.7% to become a US $ 8.41 Bn market by 2029.
Water and Gas Valve Market Overview
Maximize Market Research’s new report on the Global Water and Gas Valve Market 2023-2029 is a valuable resource for understanding the market’s competitors and gaining key business insights. The report provides a comprehensive overview of the market, including its value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). This information can be used to make more informed decisions about the current and future state of the global Water and Gas Valve market.
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Water and Gas Valve Market Dynamics
The market for water and gas valves is expanding as a result of the growing need for energy-efficient solutions. Demand for valves that might assist cut energy usage and running expenses is increasing as energy prices continue to climb. For instance, the Solstice range of HFO refrigerants created by Honeywell International Inc. reduces energy use and greenhouse gas emissions by up to 99.9%. In many regions of the world, water conservation has emerged as a major concern, and the usage of water-efficient valves in the residential, commercial, and industrial sectors is increasing. The AB-QM pressure-independent control valve, for instance, was created by Danfoss Group and assures consistent water flow while consuming less energy and costing less to operate.
Water and Gas Valve Market Scope
The report focuses on the key factors that are driving and restraining the growth of the Water and Gas Valve market, as well as the competitive landscape and future prospects. It provides insights into the current and future market trends, demand chain, supply chain, and sales, as well as recent changes in the market.
The report also includes company profiles of the key players in the Water and Gas Valve market, including their overview, financial performance, product portfolio, and strategies. It also uses SWOT and PESTLE analysis to provide a comprehensive view of the market.
Water and Gas Valve Market Segmentation
Ball Valves: Ball valves have a spherical disc that rotates around its axis to control the flow of gas or water. Due to their capacity to handle high-pressure applications, they are frequently employed in industrial applications like oil and gas.
Gate Valves: A gate-shaped disc on a gate valve is raised to let water or gas flow through and lowered to stop the flow. Because they can handle large flow rates, they are frequently utilized in water treatment facilities.
Globe Valves: To regulate the flow of gas or water, globe valves contain a disc that travels up and down. They are frequently employed in processes that call for exact flow control, such as those in the chemical and pharmaceutical industries.
Check valves: Check valves only permit one-way passage of gas or water. They are frequently employed in applications where backflow prevention is necessary, like water and wastewater treatment facilities.
Butterfly Valves: To control the flow of water or gas, butterfly valves have a circular disc that spins around its axis. They are frequently employed in applications that call for a low-pressure drop, such the HVAC sector.
Diaphragm Valves: Diaphragm valves regulate the flow of gas or water through a flexible diaphragm. They are frequently employed in applications that call for exact control and isolation of the flow, such those in the food and pharmaceutical sectors.
Water and Gas Valve Market, By Valve Type
1. Ball Valves
2. Gate Valves
3. Globe Valves
4. Check Valves
5. Butterfly Valves
6. Diaphragm Valves
7. Pinch Valves
8. Plug Valves
Water and Gas Valve Market, by End-Use Industry
1. Oil and Gas Industry
2. Water and Wastewater Treatment Industry
3. Chemical Industry
4. Power Generation Industry
5. Food and Beverage Industry
6. Pharmaceutical Industry
7. HVAC Industry
Water and Gas Valve Market, By Application
1. Residential
2. Commercial
3. Industrial
Water and Gas Valve Market, By Material
1. Steel
2. Brass
3. Stainless steel
4. Cast iron
5. Plastic
Water and Gas Valve Market, By Geography
5. North America
5. Europe
5. Asia Pacific
5. Rest of the World
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Water and Gas Valve Market Key Players
North America:
1.Emerson Electric Co. – St. Louis, Missouri, United States
2.Flowserve Corporation – Irving, Texas, United States
3.Crane Co. – Stamford, Connecticut, United States
4. Mueller Water Products, Inc. – Atlanta, Georgia, United States
5.Watts Water Technologies, Inc. – North Andover, Massachusetts, United States
Europe:
1.AVK Holding A/S – Galten, Denmark
2.KSB SE & Co. KGaA – Frankenthal, Germany
3. IMI Plc – Birmingham, United Kingdom
4.GEA Group AG – Düsseldorf, Germany
5. Spirax-Sarco Engineering plc – Cheltenham, United Kingdom
Asia Pacific:
1.Kitz Corporation – Tokyo, Japan
2.Hitachi, Ltd. – Tokyo, Japan
3.The Weir Group PLC – Glasgow, Scotland, United Kingdom
4. Fujikin Incorporated – Yamanashi, Japan
5. Neway Valve (Suzhou) Co., Ltd. – Suzhou, China
Latin America:
1.Rotork plc – Bath, United Kingdom
2. Emerson Electric Co. – St. Louis, Missouri, United States
3. WEG S.A. – Jaraguá do Sul, Brazil
4.FMC Technologies, Inc. – Houston, Texas, United States
5.Metso Outotec Corporation – Espoo, Finland
Middle East & Africa:
1. Velan Inc. – Montréal, Quebec, Canada
2.Emerson Electric Co. – St. Louis, Missouri, United States
3.General Electric Company – Boston, Massachusetts, United States
4. Böhmer Armaturen GmbH – Ostfildern, Germany
5.Schlumberger Limited – Houston, Texas, United States
Water and Gas Valve Market Regional Analysis
The global Water and Gas Valve Market’s growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Water and Gas Valve market.
Key Questions answered in the Water and Gas Valve Market Report are:
- What are the Water and Gas Valve market segments?
- What are the global trends in the Water and Gas Valve Market?
- What are the major challenges that the Water and Gas Valve Market could face in the future?
- How is the intervention from regulatory authority shaping the Water and Gas Valve Market?
- Who are the Water and Gas Valve key players in the industry?
- What growth strategies are the players considering to increase their presence in Water and Gas Valve Market?
- Which region held the largest Water and Gas Valve market share in 2022?
- Which regional Water and Gas Valve market is expected to grow rapidly during the forecast period?
Key offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Recommendations
- Key Findings
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