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:
The primary goal of this research is to assist the user in understanding the Water and Gas Valve Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Water and Gas Valve industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Water and Gas Valve Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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.
Pinch Valves: Pinch valves allow the flow of gas or water to be controlled by pinching a sleeve. They are frequently employed in settings that demand a high standard of cleanliness, such the medical and biotech sectors.
Plug Valves: To control the flow of gas or water, plug valves have a cylindrical or conical plug that rotates. In industries like the chemical and petrochemical ones that demand a high level of dependability, they are frequently employed in applications.
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: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Water and Gas Valve market are
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
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Regional Analysis:
The report focuses on Global Regions and Market Size of Water and Gas Valve, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Water and Gas Valve Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Water and Gas Valve industry in 2021.
Key Questions Answered in the Water and Gas Valve Market Report are:
- What is the function of Water and Gas Valve?
- What is the predicted revenue generation of the Water and Gas Valve market?
- At what growth rate is the Water and Gas Valve market evolving?
- Who are the major market giants operating in the Water and Gas Valve market?
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