"Actionable Insights to Fuel Your Growth"

Control Valve Market Size, Share and Global Trend By Motion (Linear, Rotary), By Component (Actuator, Valve Body, Others), By Application (Flow Control, Pressure Control, Others), By End-Use Industry (Oil & Gas, Chemical, Pharmaceutical, Food and Beverage, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI100958 | Status : Ongoing

 

KEY MARKET INSIGHTS

The world economy is growing steadily since the recent past. The manufacturing sector has an important role to play in the growth of the world economy. Increasing demand and rising disposable income in the developing countries has boosted the textile and food and beverage industries. The production of the clothes, chemical, oil and natural gas, electric power, and drugs, among others, requires a process flow that operates in the designed or definite constraints.

In order to maintain the smooth and efficient working of these processes, various systems are used in and around the processes system. The control system is among the key methods used to ensure the functioning of the process in the given constraints. Control systems use different controllers to regulate the process conditions. Control valve being one of them is used to control the physical parameters of the process such as temperature, pressure, and flow among others

To gain extensive insights into the market, Request for Customization


On the basis of the motion of the valve, the control valve market is classified as linear and rotary valves. The linear valves include the gate, diaphragm, and pinch valves, among others. While, the rotary valves include ball, butterfly, and pinch valves, among others. The control valves are operated using an actuator, valve body, and other components. The control valves with pneumatic actuators are used for high-temperature applications and are economical as compared to hydraulic and electric actuators.

The control valves with hydraulic actuators are used for the applications where high pressure is involved. The control valves with electrical actuators offer high precision and can be used for both flow and pressure control applications. Based on the application, the control valves are bifurcated as flow control valves, pressure control valves, and temperature control valves, among others. The control valves have major applications in the oil and natural gas, chemical, pharmaceutical, food and beverage, and textile industries.

The control valves have applications in the control of flow, temperature, and pressure. The control valves are used for these applications in the manufacturing of chemical processes where the process safety is the priority. Owing to this, the growth of the chemical industry is expected to drive the sales of the control valves in the coming years. The pharmaceutical industry uses the control valves in order to maintain the processes at the desired temperature and pressure in order to maintain the quality of the product and safety of the operators. The growth of the pharmaceutical industry is likely to boost the growth of the control valve market during the forecast period.

Some processes at high fluctuating temperatures can cause to increase in the load inside the pipe at the end of the valve, owing to which the gate valve is subjected to leakage. This is expected to hamper the sales of the gate valves for high-temperature applications in the coming years.

Key Players Covered


Some of the key players involved in the global control valve market are Emerson Electric Co., Eaton Corporation Inc., Okano Valve Mfg. Co. Ltd., TPR Co. Ltd, Azbil Corporation, SMC Corporation, Bucher Hydraulics GmbH, SPX Flow, Albert Richter GmbH & Co. KG, AST S.p.A, Terranova S.r.l., Alpha Group Co., Ltd, SCC, Inc., Envotec Inc., Samson Controls Ltd, Belimo Aircontrols (USA). Inc., Alfa Laval AB, PT Control Systems Arena Para Nusa, and Mt. H Control Valves Ltd.

SEGMENTATION






























SEGMENTATION


 DETAILS


By Motion


· Linear

Ø Gate Valve

Ø Diaphragm Valve

Ø Pinch Valve

Ø Others

· Rotary

Ø Ball Valve

Ø Butterfly Valve

Ø Plug Valve

Ø Others


By Component


· Actuator

· Valve Body

· Others


By Application


· Flow Control

· Pressure Control

· Others


By End-Use Industry


· Oil & Gas

· Chemical

· Pharmaceutical

· Food and Beverage

· Others


By Geography


· North America (the USA and Canada)

· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)

· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

· Latin America (Brazil, Mexico, and Rest of Latin America)

· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)


Regional Analysis


The global control valve market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa regions. The U.S is among the key markets for the chemical and oil and natural gas industries. The growth of these industries in the U.S is expected to augment the growth of the control valves market in the North America region. The Latin America region is expected to witness a substantial increase in the oil and natural gas industry in the coming years owing to which the control valve market in the region is likely to grow at a decent pace in the region. Europe region is among the vital chemical-producing regions and has witnessed a steady growth in the textile and chemical industries in recent years. The growth of these industries in Europe is expected to drive the sales of the control valves in the region. The Middle East and Africa region are expected to create a platform for the growth of the control valve market owing to the well-established and growing chemical and oil and natural gas industries in the region. Asia Pacific region is expected to create significant opportunities for the market growth of control valves. China and India are among the key markets for the food and beverage, pharmaceutical, chemical, and textile industries. The growth of these industries in China and India is expected to add to the growth of the control valve market in the Asia Pacific region.

Key Industry Developments




  • In June 2019, Eaton Corporation Inc. announced that it will supply aluminum valves and housings to the Aerospace Industrial Development Corporation. The company will provide the valves and housings for the ram air valve assembly for the advanced jet trainer.
  • In June 2019, Circor International has introduced a control valve under the brand name REflex Quick change seat control valve. The control valve comes with a REact 30 DC-PoP smart actuator for high-pressure applications and noise reduction.
  • In June 2019, Meggitt Plc has signed an agreement with Air Support SA for the maintenance, repair, and operations of its high-pressure engine control valves and other related equipment.




  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Energy & Power Clients

Abb
Caterpillar
Sumitomo
Schlumberger
UL

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X