Global Industrial Valves

12th Edition

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This study examines the global market for industrial valves.

Historical data for 2008, 2013, and 2018 and forecasts for 2023 for shipments (at the manufacturers’ level), demand, imports, and exports are provided in current dollar terms (which are not adjusted for inflation). Demand totals at the country level are also presented in local currency terms. Major product types and markets are analyzed.

Demand by product is presented for:

• standard multiturn valves (gate and globe valves, check valves, and pinch and diaphragm valves)
• standard quarterturn valves (also known as rotary valves), including ball valves, butterfly valves , and plug valves (or plug cocks)
• other standard – i.e., manually operated – valve products, including:
  • nuclear valves, which encompass hand-operated quarterturn, gate, globe, and check valves constructed of stainless steel or high alloy steel; various parts; a small percentage of automatic nuclear control valves and actuators
  • plumbing, heating, and cooling valves, which include a wide range of specialized designs, among the most common of which are antiscald (or water mixing) bath and shower valves, and flush valves and flushometers
  • safety, relief, and combined safety-relief valves
  • steam traps (also called steam pressure reduction units), including mechanical (including open top and inverted bucket traps, and float-and-lever traps); thermostatic; and thermodynamic (for example, disc and impulse traps) types
  • waterworks valves, including fire hydrants
  • miscellaneous valve designs, and separately sold manual valve actuators, bodies, and parts
• automatic control valves
• automatic regulator valves
• separately sold automatic valve actuators

Demand by market is presented for:

• process manufacturing, including petroleum refining; chemicals; pulp and paper; food and beverage; and other process manufacturing, such as primary metals, rubber and plastics, textiles, and stone, clay, and glass products
• water infrastructure, including desalination plants
• building construction, including in boilers and HVAC, energy lines, fire protection, floor and roof drains, and plumbing and irrigation
• oil and gas, including both upstream and midstream segments of the industry
• electricity generation, including privately and publicly owned facilities that produce electric power through various processes for residential, commercial, and industrial use such as regulated utilities, nonutility generators (NUGs), and electricity cogeneration operations of industrial plants
• all other markets, including mining, shipbuilding, healthcare (excluding artificial heart valves), household and commercial appliances, natural gas utilities, railroad equipment, semiconductors and other discrete parts, and truck tank trailers

Excluded from the scope of this study are:

• valves used in hydraulic and pneumatic fluid power systems
• valves utilized primarily in automotive applications
• other original equipment-type valves used as components in internal combustion engines and other non-industrial applications
• artificial heart valves