Water and Gas Valves Market by End-user, Type, and Geography - Forecast and Analysis 2021-2025

The water and gas valves market size has the potential to grow by USD 7.44 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.20%. 

This report provides a detailed analysis of the market by end-user (oil and gas industry and water and wastewater treatment industry), type (quarter-turn valves, multi-turn valves, and control valves), geography (APAC, Europe, North America, MEA, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

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

 

• Alfa Laval AB
• Crane Co.
• Curtiss-Wright Corp.
• Emerson Electric Co.
• Flowserve Corp.
• KSB SE & Co. KGaA
• Rotork Plc
• Schlumberger Ltd.
• The Weir Group Plc
• Watts Water Technologies Inc.

 

The water and gas valves market is fragmented and the vendors are deploying growth strategies such as technological advancement to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as expansion of oil terminals to achieve growth opportunities. However, factors such as lack of stability in crude oil price will challenge the growth of the market participants. 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.

Download a free sample of the water and gas valves market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This water and gas valves market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Water and Gas Valves Market: Key Drivers and Trends

Valves find applications in oil and gas pipeline applications, including refined products, carbon dioxide, water and slurry, and oil.  The need for valves is rising because of the expansion of oil terminals across the world. Oil terminals support the oil and gas supply chain and are used for storing crude oil and petroleum products.  The high consumption pattern of oil and gas products has increased the need for strong pipeline infrastructure. Pipelines are the most preferred mode for transporting oil and gas, as they can be transported continuously and ramped up or shut down at any time.  With the expansion of oil terminals, the demand for water and gas valves will increase over the forecast period.

Gradual recovery in upstream activities is a significant water and gas valves market trend. Valves are majorly used in the oil and gas industry, as they are used for controlling the flow of heavy and viscous crude oil. The growth in E&P activities is driving the demand for valves from the upstream oil and gas industry. The growth in oil and gas upstream activities and new E&P activities is expected to have a significant impact on the demand for valves. The gradual recovery in upstream activities will positively influence the market growth during 2021-2025.

 

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Water and Gas Valves Market: Segmentation by Geography

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40% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for water and gas valves in APAC. Market growth in this region will be slower than the growth of the market in MEA.

The increase in the demand for water and energy is one of the prime factors that will facilitate the water and gas valves market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Water and Gas Valves Market: Segmentation by End-user

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Water and gas valves have significant applications in the oil and gas industry. The simple design and ability to perform complex functions coupled with increased investments and exploration of new oil and gas fields will result in the high adoption of water and gas valves in the oil and gas sector. However, the growth rate of the market segment is expected to be slow during the forecast period.

The post COVID-19 impact has brought forth a slowdown in the oil and gas industry segment growth. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the water and gas valves market size.

 

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Water and Gas Valves Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive water and gas valves market growth during the next five years
• Precise estimation of the water and gas valves market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the water and gas 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 water and gas valves market vendors

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Water And Gas Valves Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 5%
Market growth 2021-2025	$ 7.44 billion
Market structure	Fragmented
YoY growth (%)	4.38
Regional analysis	APAC, Europe, North America, MEA, and South America
Performing market contribution	APAC at 40%
Key consumer countries	China, US, Germany, UK, and Saudi Arabia
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Alfa Laval AB, Crane Co., Curtiss-Wright Corp., Emerson Electric Co., Flowserve Corp., KSB SE & Co. KGaA, Rotork Plc, Schlumberger Ltd., The Weir Group Plc, and Watts Water Technologies Inc.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.