The high-pressure valve market share is expected to increase by USD 1.14 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 2.85%.

This  market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers high-pressure valves market segmentation by product (quarter-turn valves, multi-turn valves, and control valves), end-user (oil and gas industry, mining industry, chemical industry, water and wastewater industry, and others), and geography (APAC, Europe, North America, MEA, and South America). The valves market report also offers information on several market vendors, including Danfoss AS, Emerson Electric Co., Forbes Marshall Pvt. Ltd., Graco Inc., Nordson Corp., Parker Hannifin Corp., Robert Bosch GmbH, The Weir Group Plc, Trane Technologies Plc, and Valvulas Metalurgica Zaes SL among others.

What will the High-pressure Valves Market Size be During the Forecast Period?

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High-pressure Valves Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The protecting assets deployed in a high-pressure environment is notably driving the market growth, although factors such as competitive pricing strategy adopted by regional vendors may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the s industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key High-pressure Valves Market Driver

The protecting assets deployed in a high-pressure environment are notably driving the market growth. High-pressure valves help processes to take place easily without tripping. This means that without creating any disturbance in the processes, the  help in carrying out harsh processes safely. High-pressure applications require equipment that can bear a heavy load and help in delivering a refined output. However, it has been observed that generally, the equipment within the industries fails to withstand high-pressure conditions. The equipment, when installed with the valves, remains safe for use as the valves minimize the risk of equipment failure when put under high pressure. The market  help in ensuring the safety of the equipment and individuals during different operations. The re meant to undergo robust industrial processes without wear and tear. These valves protect the overall machinery from getting affected due to the intense pressure received and the sudden shutdown.

Key High-pressure Valves Market Trend

The mergers and acquisitions in the valve industry is the key trend driving the valve market growth. There is an increased demand for valves from numerous end-user industries. For this, the manufacturing and use of valves have increased over a period. Many prominent vendors of valves are witnessing strong demand for valves from emerging economies. On the other hand, for regional vendors in emerging economies who are in search of ways to grow in the market, mergers and acquisitions prove to be a good platform to make a strong presence in the regional market. For small and medium businesses, mergers and acquisitions prove to be beneficial. By leveraging the technical expertise of large-scale manufacturers, the valve efficiency of the small and medium manufacturers increases through which these enterprises can gain better control of the market. For prominent valve manufacturers, mergers and acquisitions provide opportunities to expand into new territories, thereby gaining market share.

Key High-pressure Valves Market Challenge

The major challenge impeding the market growth is the competitive pricing strategy adopted by regional vendors. A competitive pricing strategy is adopted by the regional players of  valves to draw customers to their businesses. In regions like APAC, where many small and medium enterprises operate, procurement of cost-effective valves from regional vendors is the most beneficial substitute for small and medium businesses. The regional vendors also have the advantage of working closely with the industries operating in the region and knowing the condition of the region better than the international players. Hence, to meet the exact demand of the end-users, these regional vendors provide customized and process-specific high-pressure valves for the industries in the region. As the products of regional vendors are priced low, they become the preferred option for industries that have low production capacities. This makes the competition for the international players intense and forces them to reduce the price of their high-pressure valves hampering the growth of the market.

Thisvalve market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the  market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market during the forecast period.

Who are the Major High-pressure Valves Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Danfoss AS
• Emerson Electric Co.
• Forbes Marshall Pvt. Ltd.
• Graco Inc.
• Nordson Corp.
• Parker Hannifin Corp.
• Robert Bosch GmbH
• The Weir Group Plc
• Trane Technologies Plc
• Valvulas Metalurgica Zaes SL

This statistical study of the market encompasses successful business strategies deployed by the key vendors. The market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• Graco Inc. - The company offers high and ultra-high pressure valves ideal for natural gas and industrial markets

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

High-pressure Valves Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the  market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for High-pressure Valves Market?

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36% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for the market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The easy availability of raw materials, low labor and land cost, and multiple opportunities for businesses to grow will facilitate the market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The region had experienced a slowdown in the growth of chemical and mining end-user industries, owing to the outbreak of the COVID-19 pandemic, which resulted in the temporary halt of several operations. India, China, Indonesia, and Bangladesh are some of the countries most affected by the pandemic in APAC. However, the businesses dealing with essential food and beverage and pharmaceutical industries were not affected during the lockdown period in the first half of 2020. Additionally, the demand from non-essential end-user industries is expected to rise, following the gradual resumption of operations and the adoption of new strategies for the recovery from the COVID-19 impact. In 2020, a few problems that end-user industries faced were mass layoffs, factory closures, a decline in trade, and supply chain bottlenecks. Governments of different countries in the region have announced relief packages to help these industries recover from these problems. These factors are expected to drive the demand for  from various end-user industries in the region during the forecast period.

What are the Revenue-generating Product Segments in the High-pressure Valves Market?

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The market share growth by the quarter-turn valve segment will be significant during the forecast period. Quarter-turn valves have a simple construction through which they help in reducing the points of wear. This makes the valves more durable, long-lasting, and adaptable driving the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this High-pressure Valves Market Report?

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive high-pressure valves market growth during the next five years
• Precise estimation of the high-pressure valves market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the high-pressure valves industry across APAC, Europe, North America, MEA, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of high-pressure valves market vendors

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