List of Figures

FIGURE 1 INDUSTRIAL VALVE MARKET SEGMENTATION 17
FIGURE 2 INDUSTRIAL VALVE MARKET: RESEARCH DESIGN 20
FIGURE 3 RESEARCH FLOW OF MARKET SIZE ESTIMATION 23
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 24
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 25
FIGURE 6 DATA TRIANGULATION 26
FIGURE 7 ASSUMPTIONS OF RESEARCH STUDY 27
FIGURE 8 BALL VALVES TO ACCOUNT FOR LARGEST SIZE OF INDUSTRIAL VALVE MARKET, BASED ON VALVE TYPE, BY 2023 29
FIGURE 9 STEEL VALVES TO HOLD LARGEST SIZE OF INDUSTRIAL VALVE MARKET BASED ON MATERIAL, BY 2023 29
FIGURE 10 OIL & GAS INDUSTRY TO HOLD LARGEST SIZE OF INDUSTRIAL VALVE MARKET, BASED ON INDUSTRY, BY 2023 30
FIGURE 11 INDUSTRIAL VALVES WITH SIZES RANGING FROM 1–6” EXPECTED TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 30
FIGURE 12 INDUSTRIAL VALVE MARKET IN APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 31
FIGURE 13 INCREASING INVESTMENTS IN OIL & GAS AND ENERGY & POWER INDUSTRIES TO DRIVE INDUSTRIAL VALVE MARKET GROWTH 32
FIGURE 14 STEEL VALVES TO HOLD LARGEST SIZE OF INDUSTRIAL VALVE MARKET BASED ON MATERIAL, DURING FORECAST PERIOD 32
FIGURE 15 BALL INDUSTRIAL VALVES TO HOLD LARGEST MARKET SIZE BY 2023 33
FIGURE 16 INDUSTRIAL VALVES WITH SIZES RANGING FROM 1–6” EXPECTED TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 33
FIGURE 17 INDUSTRIAL VALVE MARKET FOR AGRICULTURE INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 34
FIGURE 18 WATER & WASTEWATER TREATMENT INDUSTRY TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL VALVE MARKET IN NORTH AMERICA BY 2023 35
FIGURE 19 INDIA TO OFFER ENORMOUS POTENTIAL FOR INDUSTRIAL VALVE MARKET GROWTH DURING 2018–2023 36
FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FOR INDUSTRIAL VALVE MARKET 37
FIGURE 21 RAW MATERIAL SUPPLIERS AND OEMS TOGETHER ADD MAXIMUM VALUE 44
FIGURE 22 CONSUMER BUYING PROCESS 46
FIGURE 23 IOT IMPACT ON VALVE MARKET 47
FIGURE 24 STEEL VALVES TO ACCOUNT FOR LARGEST SIZE OF INDUSTRIAL VALVE MARKET, BASED ON MATERIALS, BY 2023 50
FIGURE 25 BALL VALVES TO HOLD LARGEST SIZE OF INDUSTRIAL VALVE MARKET DURING FORECAST PERIOD 57
FIGURE 26 TOP VALVE PERFORMANCE AND SIZE SELECTION PREFERENCES 68
FIGURE 27 INDUSTRIAL VALVES RANGING FROM 1” TO 6” TO ACCOUNT FOR THE LARGEST SHARE DURING THE FORECAST PERIOD 69
FIGURE 28 OIL & GAS INDUSTRY TO ACCOUNT FOR LARGEST SIZE OF INDUSTRIAL VALVE MARKET, BASED ON INDUSTRY, BY 2023 72
FIGURE 29 OIL PRODUCTION AND CONSUMPTION TREND, 2000–2016 74
FIGURE 30 GAS PRODUCTION AND CONSUMPTION TREND, 2000–2016 74
FIGURE 31 INDUSTRIAL VALVE APPLICATIONS IN OIL & GAS INDUSTRY 76
FIGURE 32 INDUSTRIAL VALVE APPLICATIONS IN WATER & WASTEWATER TREATMENT PLANTS 79
FIGURE 33 COMPARATIVE PRIMARY ENERGY CONSUMPTION OVER PAST 13 YEARS 82
FIGURE 34 INDUSTRIAL VALVE APPLICATIONS IN ENERGY & POWER: COMBINED CYCLE POWER PLANT 84
FIGURE 35 INDUSTRIAL VALVE APPLICATIONS IN CHEMICAL PLANTS 87
FIGURE 36 INDUSTRIAL VALVE APPLICATIONS IN FOOD & BEVERAGES INDUSTRY 90
FIGURE 37 INDUSTRIAL VALVE APPLICATIONS IN CONSTRUCTION 97
FIGURE 38 INDUSTRIAL VALVE MARKET: GEOGRAPHIC SNAPSHOT 112
FIGURE 39 SNAPSHOT OF INDUSTRIAL VALVE MARKET IN NORTH AMERICA 114
FIGURE 40 OIL PRODUCTION DATA AND YOY GROWTH RATE (%) IN US ( UP TO 2015) 115
FIGURE 41 GAS PRODUCTION DATA AND YOY GROWTH RATE (%) IN US (UP TO 2016) 115
FIGURE 42 OIL PRODUCTION DATA AND YOY GROWTH RATE (%) IN CANADA (UP TO 2015) 117
FIGURE 43 GAS PRODUCTION DATA AND YOY GROWTH RATE (%) IN CANADA (UPT TO 2016) 117
FIGURE 44 OIL PRODUCTION DATA AND YOY GROWTH RATE (%) IN MEXICO (UP TO 2016) 119
FIGURE 45 GAS PRODUCTION DATA AND YOY GROWTH RATE (%) IN MEXICO UP TO 2016) 119
FIGURE 46 OIL PRODUCTION DATA AND YOY GROWTH RATE % IN EUROPE (UP TO 2016) 121
FIGURE 47 OIL PRODUCTION DATA AND YOY GROWTH RATE % IN EUROPE (UP TO 2016) 121
FIGURE 48 SNAPSHOT OF INDUSTRIAL VALVE MARKET IN EUROPE 122
FIGURE 49 OIL PRODUCTION DATA AND YOY GROWTH RATE (%) IN ASIA PACIFIC (UP TO 2016) 128
FIGURE 50 GAS PRODUCTION DATA AND YOY GROWTH RATE (%) IN ASIA PACIFIC (UP TO 2016) 128
FIGURE 51 SNAPSHOT OF INDUSTRIAL VALVE MARKET IN ASIA PACIFIC 129
FIGURE 52 MARKET PLAYERS ADOPTED ACQUISITIONS AS KEY GROWTH STRATEGY
BETWEEN APRIL 2014 AND FEBRUARY 2018 139
FIGURE 53 EVALUATION FRAMEWORK: INDUSTRIAL VALVE MARKET 141
FIGURE 54 EMERSON: COMPANY SNAPSHOT 149
FIGURE 55 WEIR GROUP PLC: COMPANY SNAPSHOT 153
FIGURE 56 FLOWSERVE CORPORATION: COMPANY SNAPSHOT 156
FIGURE 57 SCHLUMBERGER: COMPANY SNAPSHOT 159
FIGURE 58 IMI PLC: COMPANY SNAPSHOT 162
FIGURE 59 SPIRAX SARCO PLC: COMPANY SNAPSHOT 165
FIGURE 60 CRANE CO.: COMPANY SNAPSHOT 167
FIGURE 61 KITZ CORPORATION: COMPANY SNAPSHOT 169
FIGURE 62 METSO CORPORATION: COMPANY SNAPSHOT 171
FIGURE 63 NEWAY VALVE (SUZHOU) CO., LTD.: COMPANY SNAPSHOT 174

 

List of Tables

TABLE 1 INDUSTRIAL VALVE MARKET, BY MATERIAL, 2015–2023 (USD BILLION) 49
TABLE 2 STEEL VALVE MARKET, BY VALVE TYPE, 2015–2023 (USD BILLION) 51
TABLE 3 CAST IRON VALVE MARKET, BY VALVE TYPE, 2015–2023 (USD BILLION) 52
TABLE 4 CRYOGENIC VALVE MARKET, BY VALVE TYPE, 2015–2023 (USD BILLION) 53
TABLE 5 ALLOY-BASED VALVE MARKET, BY VALVE TYPE, 2015–2023 (USD BILLION) 54
TABLE 6 OTHER VALVE MARKET, BY VALVE TYPE, 2015–2023 (USD BILLION) 54
TABLE 7 INDUSTRIAL VALVE MARKET, BY VALVE TYPE, 2015–2023 (USD BILLION) 57
TABLE 8 INDUSTRIAL BALL VALVE MARKET, BY INDUSTRY, 2015–2023 (USD BILLION) 59
TABLE 9 INDUSTRIAL BUTTERFLY VALVE MARKET, BY INDUSTRY 2015–2023 (USD BILLION) 60
TABLE 10 INDUSTRIAL CHECK VALVE MARKET, BY INDUSTRY, 2015–2023 (USD BILLION) 61
TABLE 11 INDUSTRIAL DIAPHRAGM VALVE MARKET, BY INDUSTRY 2015–2023 (USD MILLION) 62
TABLE 12 INDUSTRIAL GATE VALVE MARKET, BY INDUSTRY, 2015–2023 (USD BILLION) 63
TABLE 13 INDUSTRIAL GLOBE VALVE MARKET, BY INDUSTRY, 2015–2023 (USD BILLION) 64
TABLE 14 INDUSTRIAL PLUG VALVE MARKET, BYINDUSTRY, 2015–2023 (USD BILLION) 65
TABLE 15 INDUSTRIAL SAFETY VALVE MARKET, BY INDUSTRY, 2015–2023 (USD BILLION) 66
TABLE 16 INDUSTRIAL VALVE MARKET, BY VALVE SIZE , 2015–2023 (USD BILLION) 69
TABLE 17 INDUSTRIAL VALVE MARKET, BY INDUSTRY, 2015–2023 (USD BILLION) 73
TABLE 18 INDUSTRIAL VALVE MARKET IN OIL & GAS INDUSTRY, BY REGION 2015–2023 (USD BILLION) 76
TABLE 19 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR OIL & GAS INDUSTRY BY COUNTRY, 2015–2023 (USD BILLION) 77
TABLE 20 INDUSTRIAL VALVE MARKET IN EUROPE FOR OIL & GAS INDUSTRY, BY COUNTRY, 2015–2023 (USD MILLION) 77
TABLE 21 INDUSTRIAL VALVE MARKET IN APAC FOR OIL & GAS INDUSTRY, BY COUNTRY, 2015–2023 (USD BILLION) 78
TABLE 22 INDUSTRIAL VALVE MARKET IN ROW FOR OIL & GAS INDUSTRY, BY REGION, 2015–2023 (USD BILLION) 78
TABLE 23 INDUSTRIAL VALVE MARKET IN WATER & WASTEWATER TREATMENT INDUSTRY BY REGION, 2015–2023 (USD BILLION) 80
TABLE 24 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR WATER & WASTEWATER TREATMENT INDUSTRY, BY COUNTRY, 2015–2023 (USD BILLION) 80
TABLE 25 INDUSTRIAL VALVE MARKET IN EUROPE FOR WATER & WASTEWATER TREATMENT INDUSTRY, BY COUNTRY, 2015–2023 (USD BILLION) 81
TABLE 26 INDUSTRIAL VALVE MARKET IN APAC FOR WATER & WASTEWATER TREATMENT INDUSTRY, BY COUNTRY, 2015–2023 (USD BILLION) 81
TABLE 27 INDUSTRIAL VALVE MARKET IN ROW FOR WATER & WASTEWATER TREATMENT INDUSTRY, BY REGION, 2015–2023 (USD MILLION) 82
TABLE 28 INDUSTRIAL VALVE MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2015–2023 (USD BILLION) 84
TABLE 29 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2015–2023 (USD BILLION) 85
TABLE 30 INDUSTRIAL VALVE MARKET IN EUROPE FOR ENERGY & POWER INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 85
TABLE 31 INDUSTRIAL VALVE MARKET IN APAC FOR ENERGY & POWER INDUSTRY BY COUNTRY, 2015–2023 (USD BILLION) 86
TABLE 32 INDUSTRIAL VALVE MARKET IN ROW FOR ENERGY & POWER INDUSTRY BY REGION, 2015–2023 (USD MILLION) 86
TABLE 33 INDUSTRIAL VALVE MARKET FOR CHEMICALS INDUSTRY, BY REGION 2015–2023 (USD BILLION) 88
TABLE 34 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR CHEMICALS INDUSTRY BY COUNTRY, 2015–2023 (USD BILLION) 88
TABLE 35 INDUSTRIAL VALVE MARKET IN EUROPE FOR CHEMICALS INDUSTRY, BY COUNTRY, 2015–2023 (USD BILLION) 89
TABLE 36 INDUSTRIAL VALVE MARKET IN APAC FOR CHEMICALS INDUSTRY, BY COUNTRY, 2015–2023 (USD BILLION) 89
TABLE 37 INDUSTRIAL VALVE MARKET IN ROW FOR CHEMICALS INDUSTRY, BY REGION, 2015–2023 (USD MILLION) 90
TABLE 38 INDUSTRIAL VALVE MARKET IN FOOD & BEVERAGES INDUSTRY, BY REGION, 2015–2023 (USD BILLION) 91
TABLE 39 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR FOOD & BEVERAGES INDUSTRY, BY COUNTRY, 2015–2023 (USD MILLION) 91
TABLE 40 INDUSTRIAL VALVE MARKET IN EUROPE FOR FOOD & BEVERAGES INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 92
TABLE 41 INDUSTRIAL VALVE MARKET IN APAC FOR FOOD & BEVERAGES INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 92
TABLE 42 INDUSTRIAL VALVE MARKET IN ROW FOR FOOD & BEVERAGES INDUSTRY BY REGION, 2015–2023 (USD MILLION) 93
TABLE 43 INDUSTRIAL VALVE MARKET IN PHARMACEUTICALS INDUSTRY, BY REGION 2015–2023 (USD MILLION) 94
TABLE 44 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR PHARMACEUTICALS INDUSTRY, BY COUNTRY, 2015–2023 (USD MILLION) 94
TABLE 45 INDUSTRIAL VALVE MARKET IN EUROPE FOR PHARMACEUTICALS INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 95
TABLE 46 INDUSTRIAL VALVE MARKET IN APAC FOR PHARMACEUTICALS INDUSTRY BY COUNTRY, 2015–2023 (USD BILLION) 95
TABLE 47 INDUSTRIAL VALVE MARKET IN ROW FOR PHARMACEUTICALS INDUSTRY BY REGION, 2015–2023 (USD MILLION) 96
TABLE 48 INDUSTRIAL VALVE MARKET IN CONSTRUCTION INDUSTRY, BY REGION 2015–2023 (USD BILLION) 97
TABLE 49 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR CONSTRUCTION INDUSTRY, BY COUNTRY, 2015–2023 (USD MILLION) 98
TABLE 50 INDUSTRIAL VALVE MARKET IN EUROPE FOR CONSTRUCTION INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 98
TABLE 51 INDUSTRIAL VALVE MARKET IN APAC FOR CONSTRUCTION INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 99
TABLE 52 INDUSTRIAL VALVE MARKET IN ROW FOR CONSTRUCTION INDUSTRY, BY REGION, 2015–2023 (USD MILLION) 99
TABLE 53 INDUSTRIAL VALVE MARKET IN AGRICULTURE INDUSTRY, BY REGION 2015–2023 (USD BILLION) 100
TABLE 54 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR AGRICULTURE INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 100
TABLE 55 INDUSTRIAL VALVE MARKET IN EUROPE FOR AGRICULTURE INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 101
TABLE 56 INDUSTRIAL VALVE MARKET IN APAC FOR AGRICULTURE INDUSTRY, BY COUNTRY, 2015–2023 (USD MILLION) 101
TABLE 57 INDUSTRIAL VALVE MARKET IN ROW FOR AGRICULTURE INDUSTRY, BY REGION, 2015–2023 (USD MILLION) 102
TABLE 58 INDUSTRIAL VALVE MARKET IN PULP & PAPER INDUSTRY, BY REGION 2015–2023 (USD MILLION) 103
TABLE 59 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR PULP & PAPER INDUSTRY, BY COUNTRY, 2015–2023 (USD MILLION) 103
TABLE 60 INDUSTRIAL VALVE MARKET IN EUROPE FOR PULP & PAPER INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 104
TABLE 61 INDUSTRIAL VALVE MARKET IN ROW FOR PULP & PAPER INDUSTRY, BY REGION, 2015–2023 (USD MILLION) 104
TABLE 62 INDUSTRIAL VALVE MARKET IN ROW FOR PULP & PAPER INDUSTRY, BY REGION, 2015–2023 (USD MILLION) 105
TABLE 63 INDUSTRIAL VALVE MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2015–2023 (USD BILLION) 106
TABLE 64 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR METALS & MINING INDUSTRY, BY COUNTRY, 2015–2023 (USD MILLION) 106
TABLE 65 INDUSTRIAL VALVE MARKET IN EUROPE FOR METALS & MINING INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 107
TABLE 66 INDUSTRIAL VALVE MARKET IN APAC FOR METALS & MINING INDUSTRY BY COUNTRY, 2015–2023 (USD MILLION) 107
TABLE 67 INDUSTRIAL VALVE MARKET IN ROW FOR METALS & MINING INDUSTRY BY REGION, 2015–2023 (USD BILLION) 108
TABLE 68 INDUSTRIAL VALVE MARKET FOR OTHER INDUSTRIES, BY REGION 2015–2023 (USD MILLION) 108
TABLE 69 INDUSTRIAL VALVE MARKET IN NORTH AMERICA FOR OTHER INDUSTRIES BY COUNTRY, 2015–2023 (USD MILLION) 109
TABLE 70 INDUSTRIAL VALVE MARKET IN EUROPE FOR OTHER INDUSTRIES, BY COUNTRY, 2015–2023 (USD MILLION) 109
TABLE 71 INDUSTRIAL VALVE MARKET IN APAC FOR OTHER INDUSTRIES, BY COUNTRY, 2015–2023 (USD MILLION) 110
TABLE 72 INDUSTRIAL VALVE MARKET IN ROW FOR OTHER INDUSTRIES, BY REGION 2015–2023 (USD MILLION) 110
TABLE 73 INDUSTRIAL VALVE MARKET, BY REGION, 2015–2023 (USD BILLION) 112
TABLE 74 INDUSTRIAL VALVE MARKET IN NORTH AMERICA, BY COUNTRY 2015–2023 (USD BILLION) 114
TABLE 75 INDUSTRIAL VALVE MARKET IN US, BY INDUSTRY, 2015–2023 (USD MILLION) 116
TABLE 76 INDUSTRIAL VALVE MARKET IN CANADA, BY INDUSTRY 2015–2023 (USD MILLION) 118
TABLE 77 INDUSTRIAL VALVE MARKET IN MEXICO, BY INDUSTRY 2015–2023 (USD MILLION) 120
TABLE 78 INDUSTRIAL VALVE MARKET IN EUROPE, BY COUNTRY, 2015–2023 (USD BILLION) 123
TABLE 79 INDUSTRIAL VALVE MARKET IN UK, BY INDUSTRY, 2015–2023 (USD MILLION) 124
TABLE 80 INDUSTRIAL VALVE MARKET IN GERMANY, BY INDUSTRY 2015–2023 (USD MILLION) 125
TABLE 81 INDUSTRIAL VALVE MARKET IN FRANCE, BY INDUSTRY 2015–2023 (USD MILLION) 126
TABLE 82 INDUSTRIAL VALVE MARKET IN ITALY, BY INDUSTRY, 2015–2023 (USD MILLION) 126
TABLE 83 INDUSTRIAL VALVE MARKET IN REST OF EUROPE, BY INDUSTRY 2015–2023 (USD MILLION) 127
TABLE 84 INDUSTRIAL VALVE MARKET IN APAC, BY COUNTRY, 2015–2023 (USD BILLION) 130
TABLE 85 INDUSTRIAL VALVE MARKET IN CHINA, BY INDUSTRY, 2015–2023 (USD MILLION) 131
TABLE 86 INDUSTRIAL VALVE MARKET IN JAPAN, BY INDUSTRY, 2015–2023 (USD MILLION) 132
TABLE 87 INDUSTRIAL VALVE MARKET IN SOUTH KOREA, BY INDUSTRY 2015–2023 (USD MILLION) 133
TABLE 88 INDUSTRIAL VALVE MARKET IN INDIA, BY INDUSTRY, 2015–2023 (USD MILLION) 134
TABLE 89 INDUSTRIAL VALVE MARKET IN REST OF APAC, BY INDUSTRY 2015–2023 (USD MILLION) 135
TABLE 90 INDUSTRIAL VALVE MARKET IN ROW, BY REGION, 2015–2023 (USD BILLION) 135
TABLE 91 INDUSTRIAL VALVE MARKET IN MIDDLE EAST, BY INDUSTRY 2015–2023 (USD MILLION) 136
TABLE 92 INDUSTRIAL VALVE MARKET IN SOUTH AMERICA, BY INDUSTRY 2015–2023 (USD MILLION) 137
TABLE 93 INDUSTRIAL VALVE MARKET IN AFRICA, BY INDUSTRY, 2015–2023 (USD MILLION) 138
TABLE 94 RANKING OF TOP 5 PLAYERS IN INDUSTRIAL VALVE MARKET, 2017 140
TABLE 95 ACQUISITIONS & EXPANSIONS 142
TABLE 96 PRODUCT LAUNCHES AND DEVELOPMENTS 145
TABLE 97 PARTNERSHIPS & COLLABORATIONS 146
TABLE 98 KEY AGREEMENTS & CONTRACTS (APRIL 2014 TO FEBRUARY 2018) 146