Table of Content

1 INTRODUCTION 20
1.1 STUDY OBJECTIVES 20
1.2 MARKET DEFINITION 20
1.3 STUDY SCOPE 21
1.3.1 MARKETS COVERED 21
1.3.2 GEOGRAPHIC SCOPE 21
1.3.3 YEARS CONSIDERED 22
1.4 CURRENCY 22
1.5 MARKET STAKEHOLDERS 22

2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY AND PRIMARY RESEARCH 25
2.1.1.1 Key industry insights 26
2.1.2 SECONDARY DATA 27
2.1.2.1 Key data from secondary sources 27
2.1.3 PRIMARY DATA 27
2.1.3.1 Breakdown of primaries 27
2.1.3.2 Key data from primary sources 28
2.2 MARKET SIZE ESTIMATION 29
2.2.1 BOTTOM-UP APPROACH 29
2.2.2 TOP-DOWN APPROACH 30
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 31
2.4 RESEARCH ASSUMPTIONS 32

3 EXECUTIVE SUMMARY 33

4 PREMIUM INSIGHTS 37
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN THE HYBRID VALVE MARKET 37
4.2 HYBRID VALVE MARKET, BY MATERIAL 37
4.3 HYBRID VALVE MARKET IN ASIA PACIFIC, BY COUNTRY AND END–USE INDUSTRY 38
4.4 HYBRID VALVE MARKET, BY SIZE 38
4.5 HYBRID VALVE MARKET, BY COUNTRY, 2019 39
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5 MARKET OVERVIEW 40
5.1 INTRODUCTION 40
5.2 MARKET DYNAMICS 40
5.2.1 DRIVERS 41
5.2.1.1 The need for controlling excessive noise, pressure, vibration,
and cavitation in critical processes 41
5.2.1.2 Corrosion problems in the oil & gas industry are projected to drive
the demand for hybrid valve made of steel/alloy/carbide materials 41
5.2.1.3 High demand for energy & power generation in Asia Pacific 41
5.2.1.4 The increase in the oil & gas production has led to a surge in demand for hybrid valves in GCC countries 41
5.2.2 RESTRAINTS 42
5.2.2.1 Rising instances of downtime to increase the repairing and maintenance expenditures of valves 42
5.2.2.2 Lack of standardized certifications and government policies to increase the production cost 42
5.2.3 OPPORTUNITIES 42
5.2.3.1 The increasing use of 3D printers in valve manufacturing to broaden the growth prospects 42
5.2.3.2 Increase in the number of refineries and petrochemical &
chemical plants across regions to create opportunities for hybrid valve manufacturers 43
5.2.4 CHALLENGES 44
5.2.4.1 High fabrication cost of valves to inhibit the market growth 44

6 INDUSTRY TRENDS 45
6.1 INTRODUCTION 45
6.2 VALUE CHAIN ANALYSIS 45
6.3 INDUSTRY TRENDS 46
6.3.1 IOT IMPACT ON THE HYBRID VALVE MARKET 46
6.3.2 3D PRINTING 47

7 HYBRID VALVE MARKET, BY MATERIAL 48
7.1 INTRODUCTION 49
7.2 STEEL 51
7.2.1 STAINLESS STEEL MATERIAL TO DOMINATE THE HYBRID VALVE MARKET DURING THE FORECAST PERIOD 51
7.3 TUNGSTEN CARBIDE 52
7.3.1 TUNGSTEN CARBIDE-BASED VALVES PLAY A SIGNIFICANT ROLE IN THE HYBRID VALVE MARKET 52
7.4 DUPLEX NICKEL 53
7.4.1 DUPLEX NICKEL MATERIAL IS WIDELY USED IN
THE PETROCHEMICAL INDUSTRY 53
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7.5 TITANIUM 53
7.5.1 TITANIUM-BASED VALVES PLAY A SIGNIFICANT ROLE IN THE REFINERY,
FOOD & BEVERAGE, MINING, AND CHEMICAL INDUSTRIES 53
7.6 ALLOY 54
7.6.1 HIGHER ADOPTION OF ALLOY MATERIAL FOR VALVES IN
THE POWER INDUSTRY 54
7.7 OTHERS 54

8 HYBRID VALVE MARKET, BY SIZE 55
8.1 INTRODUCTION 56
8.2 UP TO 1” 59
8.2.1 UP T O 1” HYBRID VALVES TO WITNESS SIGNIFICANT GROWTH
IN THE MARKET 59
8.3 1”–6” 59
8.3.1 1” T O 6” HYBRID VALVES TO DOMINATE MARKET DURING
THE FORECAST PERIOD 59
8.4 6’’–25’’ 60
8.4.1 6” T O 25” HYBRID VALVES TO DRIVE THE MARKET FOR
LARGE-PRESSURE APPLICATIONS 60
8.5 25’’ TO 50’’ 60
8.5.1 HANDLE HIGH PRESSURE, DROP WATER, AND HIGH TEMPERATURE STEAM ARE KEY APPLICATIONS FOR 25" TO 50" HYBRID VALVES 60
8.6 50’’ & LARGER 61
8.6.1 50” AND LARGER HYBRID VALVES TO DRIVE THE MARKET FOR OIL & GAS, POWER, AND PETROCHEMICALS INDUSTRY 61

9 HYBRID VALVE MARKET, BY END-USE INDUSTRY 62
9.1 INTRODUCTION 63
9.2 OIL & GAS 66
9.2.1 INCREASING OIL WELL PRODUCTION IS PROJECTED TO DRIVE THE DEMAND FOR HYBRID VALVE IN THE OIL & GAS INDUSTRY 66
9.3 WATER & WASTEWATER 73
9.3.1 INCREASING INVESTMENTS IN WATER INFRASTRUCTURE IS PROJECTED TO ENCOURAGE THE DEMAND FOR HYBRID VALVES 73
9.4 ENERGY & POWER 77
9.4.1 INCREASING NUMBER OF NUCLEAR POWER PLANTS IS PROJECTED TO DRIVE THE GROWTH OF THE HYBRID VALVE MARKET 77
9.5 FOOD & BEVERAGE 82
9.5.1 INCREASING INSTANCES OF RETROFITTING IN EXISTING FACILITIES OF FOOD & BEVERAGE COMPANIES ARE PROJECTED TO CREATE GROWTH OPPORTUNITIES FOR HYBRID VALVES 82
9.6 CHEMICALS 86
9.6.1 EXPANSION OF CONSENT DECREES IMPLEMENTED IN REFINERIES IS A KEY FACTOR DRIVING THE DEMAND FOR HYBRID VALVES 86
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9.7 PULP & PAPER 91
9.7.1 INCREASING PAPER AND PAPERBOARD PRODUCTION ACROSS REGIONS
IS PROJECTED TO DRIVE THE DEMAND FOR HYBRID VALVES 91
9.8 METALS & MINING 94
9.8.1 INCREASING CONSTRUCTION OF NEW COAL PLANTS IS PROJECTED TO
DRIVE THE DEMAND FOR HYBRID VALVES 94
9.9 BUILDING & CONSTRUCTION 98
9.9.1 INCREASING INVESTMENTS TO DEVELOP SMART CITIES ARE PROJECTED TO DRIVE THE DEMAND FOR HYBRID VALVES 98
9.10 PHARMACEUTICALS 101
9.10.1 INCREASE IN DEMAND FOR MEDICAL DEVICES IS PROJECTED TO DRIVE
THE GROWTH OF THE HYBRID VALVE MARKET 101
9.11 AGRICULTURE 104
9.12 OTHERS 107

10 GEOGRAPHIC ANALYSIS 110
10.1 INTRODUCTION 111
10.2 NORTH AMERICA 112
10.2.1 US 116
10.2.1.1 The aging water & wastewater sector is expected to generate a demand for hybrid valves in the US 116
10.2.2 CANADA 118
10.2.2.1 Investments in oil, LNG, and energy infrastructure drive the hybrid valve market in Canada 118
10.2.3 MEXICO 119
10.2.3.1 Developments in pipeline infrastructure to increase the demand for hybrid valves in Mexico 119
10.3 EUROPE 121
10.3.1 GERMANY 124
10.3.1.1 The demand for the production of renewable energy in various industries is projected to drive the growth of the hybrid valve
market in Germany 124
10.3.2 UK 125
10.3.2.1 The construction industry is projected to fuel the demand for
hybrid valves in the UK 125
10.3.3 FRANCE 127
10.3.3.1 The energy sector in France is projected to drive the growth of the hybrid valve market 127
10.3.4 ITALY 129
10.3.4.1 The chemicals industry in Italy to drive the hybrid valve market growth 129
10.3.5 REST OF EUROPE 131
10.4 ASIA PACIFIC 133
10.4.1 CHINA 136
10.4.1.1 The water & wastewater industry to witness high demand for hybrid valves in Asia Pacific 136
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10.4.2 JAPAN 138
10.4.2.1 Gas pipeline projects in Japan are projected to drive the
hybrid valve market 138
10.4.3 SOUTH KOREA 140
10.4.3.1 The chemical and food processing industries are projected to drive the hybrid valve market in South Korea 140
10.4.4 INDIA 141
10.4.4.1 The mining & energy industry is projected to drive the hybrid valve market in India 141
10.4.5 REST OF ASIA PACIFIC 143
10.5 REST OF THE WORLD 145
10.5.1 SOUTH AMERICA 147
10.5.1.1 Growth in the mining industry is expected to drive the hybrid valve market in South American countries 147
10.5.2 MIDDLE EAST 148
10.5.2.1 Pipeline and oil & gas projects in the Middle East will propel
the demand for hybrid valves 148
10.5.3 AFRICA 150
10.5.3.1 Mining & off-shore exploration activities in Africa will drive
the hybrid valve market 150
11 COMPETITIVE LANDSCAPE 152
11.1 OVERVIEW 152
11.2 COMPETITIVE SITUATIONS AND TRENDS 154
11.2.1 PRODUCT LAUNCHES AND ACQUISITIONS 154
11.2.2 AGREEMENTS AND CONTRACTS 155
11.2.3 OTHERS 155
11.3 COMPETITIVE LEADERSHIP MAPPING 156
11.3.1 VISIONARY LEADERS 156
11.3.2 INNOVATORS 156
11.3.3 DYNAMIC DIFFERENTIATORS 156
11.3.4 EMERGING COMPANIES 156
11.4 BUSINESS STRATEGY EXCELLENCE (FOR ALL 25 PLAYERS) 158
11.5 STRENGTH OF PRODUCT PORTFOLIO (FOR ALL 25 PLAYERS) 159
12 COMPANY PROFILES 160
12.1 INTRODUCTION 160
12.2 KEY PLAYERS 160
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.2.1 IMI PLC 160
12.2.2 EMERSON ELECTRIC CO. 164
12.2.3 TRILLIUM FLOW TECHNOLOGIES 166
12.2.4 CIRCOR INTERNATIONAL INC. 168
12.2.5 PARCOL S.P.A 170
12.2.6 KOSO KENT INTROL PVT. LTD. 172
12.2.7 WUXI SMART AUTO-CONTROL CO. LTD. 174
12.2.8 CHEMTROLS EMET PVT. LTD 175
12.2.9 DYMET ALLOYS 176
12.2.10 CARTER PROCESS CONTROL GMBH 177
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
12.3 OTHER IMPORTANT KEY PLAYERS 178
12.3.1 SEED TECHNOLOGIES CORP., LTD (ASEEDER) 178
12.3.2 PENN UNITED TECHNOLOGIES, INC 179
12.3.3 MASTER FLO VALVE INC. 180
12.3.4 ELECTRONICA TUNGSTEN LTD. 180
12.3.5 MASCOT CAVFLO 181
12.3.6 CIVACON 181
12.3.7 AUTOMAT INDUSTRIES 182
12.3.8 FLOWSERVE CORPORATION 182
12.3.9 L&T VALVES 183
12.3.10 METRAFLEX 183

13 APPENDIX 184
13.1 INSIGHTS OF INDUSTRY EXPERTS 184
13.2 DISCUSSION GUIDE 185
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 188
13.4 AVAILABLE CUSTOMIZATIONS 190
13.5 RELATED REPORTS 190
13.6 AUTHOR DETAILS 191



List of Figures



FIGURE 1 HYBRID VALVE MARKET SEGMENTATION 21
FIGURE 2 HYBRID VALVE MARKET: RESEARCH DESIGN 23
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 29
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 30
FIGURE 5 DATA TRIANGULATION 31
FIGURE 6 HYBRID VALVE MARKET SIZE, 2016–2024 (USD MILLION) 33
FIGURE 7 THE MARKET SEGMENT FOR HYBRID VALVE 1’’–6” IN SIZE IS PROJECTED TO ACCOUNT FOR THE LARGEST SHARE BY 2024 34
FIGURE 8 HYBRID VALVE MARKET, BY MATERIAL, 2019 VS. 2024 (USD MILLION) 34
FIGURE 9 OIL & GAS INDUSTRY IS PROJECTED TO DOMINATE THE HYBRID VALVE MARKET DURING THE FORECAST PERIOD 35
FIGURE 10 ASIA PACIFIC ACCOUNTED FOR THE LARGEST MARKET SHARE IN 2018 36
FIGURE 11 INCREASING DEMAND FOR HYBRID VALVES IN ASIA PACIFIC DRIVING
MARKET GROWTH 37
FIGURE 12 STEEL SEGMENT IS PROJECTED TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD 37
FIGURE 13 ENERGY & POWER INDUSTRY IS PROJECTED TO ACCOUNT FOR THE LARGEST SHARE BY 2024 38
FIGURE 14 HYBRID VALVE 1” – 6” IN SIZE IS PROJECTED TO ACCOUNT FOR THE LARGEST SHARE DURING THE FORECAST PERIOD 38
FIGURE 15 US IS ESTIMATED TO ACCOUNT FOR THE LARGEST SHARE IN 2019 39
FIGURE 16 MARKET DYNAMICS OF THE HYBRID VALVE MARKET 40
FIGURE 17 IMPACT OF 3D PRINTING ON THE VALVE MANUFACTURING INDUSTRY 43
FIGURE 18 3D PRINTING IMPACT ON THE OVERALL VALVE INDUSTRY 43
FIGURE 19 RISE IS THE NUMBER OF PLANTS RESULTING IN THE INCREASE IN PRODUCTION 44
FIGURE 20 VALUE CHAIN ANALYSIS: KEY VALUE ADDED DURING THE RAW MATERIAL & COMPONENT SUPPLIER AND ORIGINAL EQUIPMENT MANUFACTURING PHASE 45
FIGURE 21 HYBRID VALVE MARKET, BY MATERIAL 49
FIGURE 22 STEEL SEGMENT IS PROJECTED TO ACCOUNT FOR THE LARGEST MARKET
SHARE BY 2024 50
FIGURE 23 HYBRID VALVE MARKET, BY VALVE SIZE 56
FIGURE 24 HYBRID VALVE 1”–6” IN SIZE IS PROJECTED TO DOMINATE THE MARKET BY 2024 57
FIGURE 25 HYBRID VALVE MARKET, BY END-USE INDUSTRY 63
FIGURE 26 HYBRID VALVE MARKET, BY END-USE INDUSTRY, 2019 VS. 2024 (USD MILLION) 64
FIGURE 27 GLOBAL GAS PRODUCTION, 2008 VS. 2018 (BILLION CUBIC METERS) 66
FIGURE 28 EXPANSIONS AND RENOVATIONS OF FOOD & BEVERAGE PLANTS (2009–2018) 82
FIGURE 29 WORLDWIDE MEDICAL DEVICE FORECAST UP TO 2020 101
FIGURE 30 THE HYBRID VALVE MARKET IS PROJECTED TO WITNESS SIGNIFICANT GROWTH IN CHINA, JAPAN, AND INDIA DURING THE FORECAST PERIOD 111
FIGURE 31 NORTH AMERICA: HYBRID VALVE MARKET SNAPSHOT 113
FIGURE 32 OIL & GAS PRODUCTION TREND IN THE US, 2007–2017
(THOUSAND BARRELS PER DAY) 116
FIGURE 33 EUROPE: HYBRID VALVE MARKET SNAPSHOT 121
FIGURE 34 ASIA PACIFIC: HYBRID VALVE MARKET SNAPSHOT 133
FIGURE 35 ORGANIC AND INORGANIC STRATEGIES ADOPTED BY COMPANIES OPERATING IN THE HYBRID VALVE MARKET 152
FIGURE 36 MAJOR HYBRID VALVE MANUFACTURERS 153
FIGURE 37 MAJOR DISC MANUFACTURERS 153
FIGURE 38 HYBRID VALVE MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2018 157
FIGURE 39 IMI PLC: COMPANY SNAPSHOT 161
FIGURE 40 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 164
FIGURE 41 CIRCOR INTERNATIONAL INC.: COMPANY SNAPSHOT 168

 

List of Tables



TABLE 1 ASSUMPTIONS FOR THE RESEARCH STUDY 32
TABLE 2 HYBRID VALVE MARKET SIZE, BY MATERIAL, 2016–2024 (USD MILLION) 50
TABLE 3 CONTROL VALVE MARKET SIZE, BY MATERIAL, 2016–2025 (USD MILLION) 51
TABLE 4 HYBRID VALVE MARKET SIZE FOR STEEL MATERIAL, BY SIZE 2016–2024 (USD MILLION) 52
TABLE 5 HYBRID VALVE MARKET SIZE FOR TUNGSTEN CARBIDE MATERIAL, BY SIZE 2016–2024 (USD MILLION) 52
TABLE 6 HYBRID VALVE MARKET SIZE FOR DUPLEX NICKEL MATERIAL, BY SIZE 2016–2024 (USD MILLION) 53
TABLE 7 HYBRID VALVE MARKET SIZE FOR TITANIUM MATERIAL, BY SIZE 2016–2024 (USD MILLION) 53
TABLE 8 HYBRID VALVE MARKET SIZE FOR ALLOY MATERIAL, BY SIZE 2016–2024 (USD MILLION) 54
TABLE 9 HYBRID VALVE MARKET SIZE FOR OTHER MATERIALS, BY SIZE 2016–2024 (USD MILLION) 54
TABLE 10 HYBRID VALVE MARKET SIZE, BY VALVE SIZE, 2016–2024 (USD MILLION) 57
TABLE 11 CONTROL VALVE MARKET SIZE, BY VALVE SIZE, 2016–2025 (USD MILLION) 58
TABLE 12 ROTARY CONTROL VALVE MARKET SIZE, BY VALVE SIZE 2016–2025 (USD MILLION) 58
TABLE 13 LINEAR CONTROL VALVE MARKET SIZE, BY VALVE SIZE 2016–2025 (USD MILLION) 58
TABLE 14 HYBRID VALVE MARKET SIZE FOR VALVES UP TO 1” IN SIZE, BY MATERIAL 2016–2024 (USD MILLION) 59
TABLE 15 HYBRID VALVE MARKET SIZE FOR VALVES 1”–6” IN SIZE, BY MATERIAL 2016–2024 (USD MILLION) 59
TABLE 16 HYBRID VALVE MARKET SIZE FOR VALVES 6”–25” IN SIZE, BY MATERIAL 2016–2024 (USD MILLION) 60
TABLE 17 HYBRID VALVE MARKET SIZE FOR VALVES 25”–50” IN SIZE, BY MATERIAL 2016–2024 (USD MILLION) 60
TABLE 18 HYBRID VALVE MARKET SIZE FOR VALVES 50” & LARGER IN SIZE, BY MATERIAL, 2016–2024 (USD MILLION) 61
TABLE 19 HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY, 2016–2024 (USD MILLION) 64
TABLE 20 CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 65
TABLE 21 OIL PRODUCTION AND CONSUMPTION TREND 2000–2018 (THOUSAND BARRELS/DAY) 66
TABLE 22 NATURAL GAS PRODUCTION AND CONSUMPTION TREND 2000–2018 (BILLION CUBIC METERS) 67
TABLE 23 US: OIL PRODUCTION AND CONSUMPTION TREND 2000–2018 (THOUSAND BARRELS/DAY) 67
TABLE 24 US: NATURAL GAS PRODUCTION AND CONSUMPTION TREND 2000–2018 (BILLION CUBIC METERS) 67
TABLE 25 CANADA: OIL PRODUCTION AND CONSUMPTION TREND 2000–2018 (THOUSAND BARRELS/DAY) 68
TABLE 26 CANADA: NATURAL GAS PRODUCTION AND CONSUMPTION TREND 2000–2018 (BILLION CUBIC METERS) 68
TABLE 27 MEXICO: OIL PRODUCTION AND CONSUMPTION TREND 2000–2018 (THOUSAND BARRELS/DAY) 68
TABLE 28 MEXICO: NATURAL GAS PRODUCTION AND CONSUMPTION TREND 2000–2018 (BILLION CUBIC METERS) 68
TABLE 29 HYBRID VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY, BY REGION 2016–2024 (USD MILLION) 69
TABLE 30 CONTROL VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY, BY REGION 2016–2025 (USD MILLION) 69
TABLE 31 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 69
TABLE 32 NORTH AMERICA: CONTROL VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY, BY COUNTRY, 2016–2025 (USD MILLION) 70
TABLE 33 EUROPE: HYBRID VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 70
TABLE 34 EUROPE: CONTROL VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY BY COUNTRY, 2016–2025 (USD MILLION) 71
TABLE 35 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 71
TABLE 36 ASIA PACIFIC: CONTROL VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY BY COUNTRY, 2016–2025 (USD MILLION) 72
TABLE 37 ROW: HYBRID VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 72
TABLE 38 ROW: CONTROL VALVE MARKET SIZE FOR THE OIL & GAS INDUSTRY, BY COUNTRY, 2016–2025 (USD MILLION) 72
TABLE 39 HYBRID VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY BY REGION, 2016–2024 (USD MILLION) 73
TABLE 40 CONTROL VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY BY REGION, 2016–2025 (USD MILLION) 74
TABLE 41 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 74
TABLE 42 NORTH AMERICA: CONTROL VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2016–2025 (USD MILLION) 75
TABLE 43 EUROPE: HYBRID VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 75
TABLE 44 EUROPE: CONTROL VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2016–2025 (USD MILLION) 75
TABLE 45 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 76
TABLE 46 APAC: CONTROL VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY COUNTRY, 2016–2025 (USD MILLION) 76
TABLE 47 ROW: HYBRID VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 77
TABLE 48 ROW: CONTROL VALVE MARKET SIZE FOR THE WATER & WASTEWATER INDUSTRY, BY REGION, 2016–2025 (USD MILLION) 77
TABLE 49 COAL PRODUCTION AND CONSUMPTION TREND, 2005–2015 (MILLION TONNES) 78
TABLE 50 HYBRID VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 78
TABLE 51 CONTROL VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY BY REGION, 2016–2025 (USD MILLION) 79
TABLE 52 NORTH AMERICA: CONTROL VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 79
TABLE 53 EUROPE: HYBRID VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 79
TABLE 54 EUROPE: CONTROL VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 80
TABLE 55 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 80
TABLE 56 ASIA PACIFIC: CONTROL VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 81
TABLE 57 ROW: HYBRID VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 81
TABLE 58 ROW: CONTROL VALVE MARKET SIZE FOR THE ENERGY & POWER INDUSTRY BY REGION, 2016–2024 (USD MILLION) 81
TABLE 59 HYBRID VALVE MARKET SIZE FOR THE FOOD & BEVERAGE INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 83
TABLE 60 CONTROL VALVE MARKET SIZE FOR THE FOOD & BEVERAGE INDUSTRY BY REGION, 2016–2025 (USD MILLION) 83
TABLE 61 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE FOOD & BEVERAGE INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 84
TABLE 62 EUROPE: HYBRID VALVE MARKET SIZE FOR THE FOOD & BEVERAGE INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 84
TABLE 63 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE FOOD & BEVERAGE INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 85
TABLE 64 ROW: HYBRID VALVE MARKET SIZE FOR THE FOOD & BEVERAGE INDUSTRY BY REGION, 2016–2024 (USD MILLION) 85
TABLE 65 CHEMICALS PRODUCTION MARKET SIZE (1990–2020) 86
TABLE 66 HYBRID VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY, BY REGION 2016–2024 (USD MILLION) 87
TABLE 67 CONTROL VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY, BY REGION, 2016–2025 (USD MILLION) 87
TABLE 68 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 88
TABLE 69 NORTH AMERICA: CONTROL VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY, BY COUNTRY, 2016–2025 (USD MILLION) 88
TABLE 70 EUROPE: HYBRID VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 88
TABLE 71 EUROPE: CONTROL VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY BY COUNTRY, 2016–2025 (USD MILLION) 89
TABLE 72 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 89
TABLE 73 ASIA PACIFIC: CONTROL VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY BY COUNTRY, 2016–2025 (USD MILLION) 90
TABLE 74 ROW: HYBRID VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 90
TABLE 75 ROW: CONTROL VALVE MARKET SIZE FOR THE CHEMICALS INDUSTRY, BY REGION, 2016–2025 (USD MILLION) 90
TABLE 76 PULP PRODUCTION DATA, BY REGION (%) 91
TABLE 77 HYBRID VALVE MARKET SIZE FOR THE PULP & PAPER INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 91
TABLE 78 CONTROL VALVE MARKET SIZE FOR THE PULP & PAPER INDUSTRY, BY REGION, 2016–2025 (USD MILLION) 92
TABLE 79 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE PULP & PAPER INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 92
TABLE 80 EUROPE: HYBRID VALVE MARKET SIZE FOR THE PULP & PAPER INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 93
TABLE 81 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE PULP & PAPER INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 93
TABLE 82 ROW: HYBRID VALVE MARKET SIZE FOR THE PULP & PAPER INDUSTRY BY REGION, 2016–2024 (USD MILLION) 94
TABLE 83 TOTAL MINERALS PRODUCTION, BY REGION (METRIC TONNES) 95
TABLE 84 HYBRID VALVE MARKET SIZE FOR THE METALS & MINING INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 95
TABLE 85 CONTROL VALVE MARKET SIZE FOR THE METALS & MINING INDUSTRY BY REGION, 2016–2025 (USD MILLION) 95
TABLE 86 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE METALS & MINING INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 96
TABLE 87 EUROPE: HYBRID VALVE MARKET SIZE FOR THE METALS & MINING INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 96
TABLE 88 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE METALS & MINING INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 97
TABLE 89 ROW: HYBRID VALVE MARKET SIZE FOR THE METALS & MINING INDUSTRY BY REGION, 2016–2024 (USD MILLION) 97
TABLE 90 HYBRID VALVE MARKET SIZE FOR THE BUILDING & CONSTRUCTION INDUSTRY BY REGION, 2016–2024 (USD MILLION) 98
TABLE 91 CONTROL VALVE MARKET SIZE FOR THE BUILDING & CONSTRUCTION INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 99
TABLE 92 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE BUILDING & CONSTRUCTION INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 99
TABLE 93 EUROPE: HYBRID VALVE MARKET SIZE FOR THE BUILDING & CONSTRUCTION INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 99
TABLE 94 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE BUILDING & CONSTRUCTION INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 100
TABLE 95 ROW: HYBRID VALVE MARKET SIZE FOR THE BUILDING & CONSTRUCTION INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 100
TABLE 96 PHARMACEUTICALS R&D EXPENDITURE (USD MILLION) 101
TABLE 97 HYBRID VALVE MARKET SIZE FOR THE PHARMACEUTICALS INDUSTRY, BY REGION, 2016–2024 (USD MILLION) 102
TABLE 98 CONTROL VALVE MARKET SIZE FOR THE PHARMACEUTICALS INDUSTRY BY REGION, 2016–2025 (USD MILLION) 102
TABLE 99 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE PHARMACEUTICALS INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 102
TABLE 100 EUROPE: HYBRID VALVE MARKET SIZE FOR THE PHARMACEUTICALS INDUSTRY BY COUNTRY, 2016–2024 (USD MILLION) 103
TABLE 101 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE PHARMACEUTICALS INDUSTRY, BY COUNTRY, 2016–2024 (USD MILLION) 103
TABLE 102 ROW: HYBRID VALVE MARKET SIZE FOR THE PHARMACEUTICALS INDUSTRY BY REGION, 2016–2024 (USD MILLION) 104
TABLE 103 HYBRID VALVE MARKET SIZE FOR THE AGRICULTURE INDUSTRY, BY REGION, 2016–2024 (USD THOUSAND) 104
TABLE 104 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR THE AGRICULTURE INDUSTRY, BY COUNTRY, 2016–2024 (USD THOUSAND) 105
TABLE 105 EUROPE: HYBRID VALVE MARKET SIZE FOR THE AGRICULTURE INDUSTRY BY COUNTRY, 2016–2024 (USD THOUSAND) 105
TABLE 106 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR THE AGRICULTURE INDUSTRY BY COUNTRY, 2016–2024 (USD THOUSAND) 106
TABLE 107 ROW: HYBRID VALVE MARKET SIZE FOR THE AGRICULTURE INDUSTRY, BY REGION, 2016–2024 (USD THOUSAND) 106
TABLE 108 HYBRID VALVE MARKET SIZE FOR OTHER INDUSTRIES, BY REGION 2016–2024 (USD MILLION) 107
TABLE 109 CONTROL VALVE MARKET SIZE FOR OTHER INDUSTRIES, BY REGION 2016–2025 (USD MILLION) 107
TABLE 110 NORTH AMERICA: HYBRID VALVE MARKET SIZE FOR OTHER INDUSTRIES BY COUNTRY, 2016–2024 (USD THOUSAND) 108
TABLE 111 EUROPE: HYBRID VALVE MARKET SIZE FOR OTHER INDUSTRIES, BY COUNTRY, 2016–2024 (USD MILLION) 108
TABLE 112 ASIA PACIFIC: HYBRID VALVE MARKET SIZE FOR OTHER INDUSTRIES, BY COUNTRY, 2016–2024 (USD MILLION) 109
TABLE 113 ROW: HYBRID VALVE MARKET SIZE FOR OTHER INDUSTRIES, BY REGION 2016–2024 (USD MILLION) 109
TABLE 114 HYBRID VALVE MARKET SIZE, BY REGION, 2016–2024 (USD MILLION) 111
TABLE 115 CONTROL VALVE MARKET SIZE, BY REGION, 2016–2025 (USD MILLION) 112
TABLE 116 HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY, 2016–2024 (USD MILLION) 114
TABLE 117 CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 115
TABLE 118 HYBRID VALVE MARKET SIZE, BY COUNTRY, 2016–2024 (USD MILLION) 115
TABLE 119 US: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 117
TABLE 120 US: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 117
TABLE 121 CANADA: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 118
TABLE 122 CANADA: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 119
TABLE 123 MEXICO: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 120
TABLE 124 MEXICO: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 120
TABLE 125 EUROPE: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 122
TABLE 126 EUROPE: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 123
TABLE 127 EUROPE: HYBRID VALVE MARKET SIZE, BY COUNTRY, 2016–2024 (USD MILLION) 123
TABLE 128 GERMANY: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 124
TABLE 129 GERMANY: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 125
TABLE 130 UK: OIL & GAS PRODUCTION DATA, 2000–2018 126
TABLE 131 UK: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 126
TABLE 132 UK: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 127
TABLE 133 FRANCE: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 128
TABLE 134 FRANCE: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 128
TABLE 135 ITALY: OIL & GAS PRODUCTION DATA, 2000–2018 129
TABLE 136 ITALY: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 129
TABLE 137 ITALY: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 130
TABLE 138 REST OF EUROPE: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 131
TABLE 139 REST OF EUROPE: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 132
TABLE 140 ASIA PACIFIC: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 134
TABLE 141 ASIA PACIFIC: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 135
TABLE 142 ASIA PACIFIC: HYBRID VALVE MARKET SIZE, BY COUNTRY 2016–2024 (USD MILLION) 135
TABLE 143 CHINA: OIL & GAS PRODUCTION DATA, 2000–2018 136
TABLE 144 CHINA: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 137
TABLE 145 CHINA: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 137
TABLE 146 JAPAN: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 138
TABLE 147 JAPAN: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 139
TABLE 148 SOUTH KOREA: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 140
TABLE 149 SOUTH KOREA: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 141
TABLE 150 INDIA: OIL & GAS PRODUCTION DATA, 2000–2018 141
TABLE 151 INDIA: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 142
TABLE 152 INDIA: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 142
TABLE 153 REST OF ASIA PACIFIC: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY, 2016–2024 (USD MILLION) 143
TABLE 154 REST OF ASIA PACIFIC: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY, 2016–2025 (USD MILLION) 144
TABLE 155 ROW: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 145
TABLE 156 ROW: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 146
TABLE 157 HYBRID VALVE MARKET SIZE, BY REGION, 2016–2024 (USD MILLION) 146
TABLE 158 SOUTH AMERICA: OIL & GAS PRODUCTION DATA, 2000–2018 147
TABLE 159 SOUTH AMERICA: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 147
TABLE 160 SOUTH AMERICA: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 148
TABLE 161 MIDDLE EAST: OIL & GAS PRODUCTION DATA, 2000–2018 148
TABLE 162 MIDDLE EAST: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD MILLION) 149
TABLE 163 MIDDLE EAST: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 149
TABLE 164 AFRICA: OIL & GAS PRODUCTION DATA, 2000–2018 150
TABLE 165 AFRICA: HYBRID VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2024 (USD THOUSAND) 150
TABLE 166 AFRICA: CONTROL VALVE MARKET SIZE, BY END-USE INDUSTRY 2016–2025 (USD MILLION) 151
TABLE 167 TOP 5 PRODUCT LAUNCHES (2015–2019) 154
TABLE 168 TOP 3 AGREEMENTS AND CONTRACTS (2015–2018) 155
TABLE 169 TOP 3 ACQUISITIONS AND PARTNERSHIPS (2015–2019) 155