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2023

Water And Wastewater Valve Market

Water And Wastewater Valve Market Size, Share, Competitive Landscape and Trend Analysis Report by Type (Gate, Ball, Butterfly, Globe, Others), by Material (Cast Iron, Steel, Alloy Based, Others), by End User Industry (Oil and Gas, Chemical, Power Generation, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: Ajitesh Gupta| Aman Chaturvedi | Sonia Mutreja
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Water And Wastewater Valve Market Research, 2032

The global water and wastewater valve market size was valued at $8.3 billion in 2020, and is projected to reach $14.7 billion by 2032, growing at a CAGR of 4.5% from 2023 to 2032.

A mechanical piece of equipment known as a water and wastewater valve market valve is used to control the flow of water in a system of plumbing. Its purpose is to allow or prevent the passage of water through fittings, pipes, or other pieces of machinery. Because they allow for the management of the water flow to various rooms or appliances inside a structure, water valves are a crucial component of plumbing systems. In the context of a wastewater or sewage system, the term "water waste valve" can also be used to describe a sanitary valve. A sanitary valve is designed specifically for use in sewage or wastewater pipelines. 

Water And Wastewater Valve Market

Market dynamics 

Due to urbanization and the rapid increase in population, infrastructure and water are under higher demand. Water valves must be installed in treatment facilities, distribution networks, and pumping stations due to urbanization, the need for clean water supply, and the requirement for wastewater management systems. Water scarcity is also a worldwide issue because it affects many different geographic regions, including Africa. Effective water management techniques are needed, including the use of cutting-edge valves, to maximize water usage, reduce waste, and ensure reliable distribution. The market share of water and wastewater valves may therefore grow as a result of such a benefit.
however, on February 8, 2020, the American administration raised the import tax on derivatives of steel and aluminum. This expansion is accompanied by a 25% increase in steel imports and a 10% increase in aluminum imports, all of which have affected the American manufacturing sector and, as a result, the market for water and wastewater valves. The rise in the price of aluminum and steel is causing a general increase in the price of manufactured goods such as electronics, valves, and other items. Although the tax is intended to increase import income, it has had a negative impact on worldwide trade in the water and wastewater valve industry. Because industrial valves are predominantly constructed of steel, it is expected that the steel tax will substantially limit market growth for water and wastewater valve market growth.
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Furthermore, the "Industry 4.0" upgrade's integration of artificial intelligence and the internet of things (IoT) in industrial processes opens abundant prospects for the market for water and wastewater valve market to expand. Utilizing automation technologies, the process industries are implementing valve upgrades and replacements to increase production efficiencies. Although it is predicted to move slowly, this could help the market for water and wastewater valve market analysis grow over the coming years. 

Several commodities, including food items, oil, and gas, witnessed a surge in price due to the Russia-Ukraine conflict. Therefore, due to supply chain interruptions, there are now more expensive shipping costs, fewer available containers, and less warehouse space. Since there have been delays in shipments and congestion, certain ports have been closed, and orders are being retracted, which influences industry and consumers globally. The decline in investor confidence has also increased stock market volatility. In addition, economic instability has risen due to the strained commercial ties between Russia, Ukraine, and their different trading partners. Hence, all such factors have reduced export possibilities of water and wastewater valve market size. 

Segmental Overview 

The water and wastewater valve market overview are segmented into type, material, end user industry, and region. The type covered in the study include gate, ball, butterfly, globe and others. Based on material, the market is bifurcated into cast iron, steel, alloy based and others. By end user industry, it is divided into oil and gas, chemical, power generation and others.   Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).   

Water And Wastewater Valve Market by Type

By type:     The water and wastewater valve market trends is divided into gate, ball, butterfly, globe and others.  Ball valves offer better sealing ability, which makes them an ideal choice for regulation of gas flow. In addition, the expansion of the butterfly valves market is mostly due to an increase in demand from the oil and gas sector, which has a rising need for stainless-steel butterfly valves. Moreover, gate valves can be used in nearly all industries, including oil & power, water treatment, chemicals, pharmaceuticals, and others.  To sustain this demand, major players in the industrial valve industry offer gate valves with unique design features. However, globe valves offer a tight seal, which prevents leakage to a greater extent. Plug valves find applications in low temperature, low-pressure services, directional flow control, liquid fuel, and gas handling, and for safe handling of extreme temperature flow such as condensate, boiler feed water, and other similar applications. 

The ball segment is expected to be the largest revenue contributor during the forecast period and butterfly is expected to exhibit the highest CAGR share in the type of segment in the water and wastewater market during the forecast period.  

Water And Wastewater Valve Market by Material

By material:  

The water and wastewater valve market share is divided into cast iron, steel, alloy based and others. Due to the ductility and durability. It offers hardness, ductility, virtually unlimited run time, and considerably low maintenance. In addition, The key driver for the increase in demand for steel industrial valves includes a rise in development of industrial infrastructure.  The steel industrial valves are used in industrial areas for controlling water flow system, and control gas flow system.  furthermore, The growth in preference  of  alloy  industrial  valves  is  due  to  its  sustainable  and  innovative  smelting,  mining, mineral recovery, and recycling technology. Moreover, brass and bronze  maybe  used  for  manufacturing  of  valve  parts  such  as  discs,  seat rings, and others due to non-corrosive material properties of these valves. Bronze valves are also utilized for low temperature applications  and  are  often  termed  as  cryogenic  valves.  

The steel segment is expected to be the largest revenue contributor during the forecast period and Alloy Based is expected to exhibit the highest CAGR share in the technique segment in the water and wastewater valves market during the forecast period. 

   

Water And Wastewater Valve Market by End User Industry

By end-user industry: The water and wastewater valves market is divided into oil and gas, chemical, power generation and others. The oil & power industry is the highest consumer of industrial valves, mainly owing to the high demand for valves from nearly all its activities. In addition, Different chemicals have different properties such as corrosiveness, alkalinity, and others, which make chemical handling very risky. Industries adopt automatic industrial valves to reduce human interference in the pipe system, which reduces accidents and fatalities. Furthermore, with the surge in biotechnology and bioprocessing, it is necessary for the valve manufacturers to offer contamination free valves to preserve the chemical composition of materials flowing through them. 

Oil and gas segment is expected to be the largest revenue contributor during the forecast period, and power generation segment is expected to exhibit the highest CAGR share in the end user industry segment in the water and wastewater valve market opportunity during the forecast period.  

Water And Wastewater Valve Market by Region

By region: The water and wastewater valve market forecast are analysed across North America, Europe, Asia-Pacific, and LAMEA. In 2022, Asia-Pacific held the highest revenue in water and wastewater valve market share. and LAMEA is expected to exhibit the highest CAGR during the forecast period.  

Competition Analysis 

The major players profiled in thewater and wastewater valve market include 

AVK Holding, Anything Flows LLC, Avcon Controls Pvt. Ltd., Böhmer GmbHCrane, Davis Valve, EG Valves Manufacturing Co., Ltd., Emerson Electric Co., Flow Control Technology Valve, Flowserve Corp. And Fluid Chem Valves (India) Pvt. Ltd  

Major companies in the market have adopted acquisition, product launch, business expansion, and others, as their key developmental strategies to offer better products and services to customers in thewater and wastewater valvess market.  

Key Benefits for Stakeholders 

  • The report provides an extensive analysis of the current and emerging water and wastewater valve market trends and dynamics.  

  • In-depthwater and wastewater valves market analysis is conducted by constructing market estimations for key market segments between 2020 and 2032.  

  • Extensive analysis of the water and wastewater valves  market is conducted by following key product positioning and monitoring of top competitors within the market framework. 

  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities. 

  • The water and wastewater valve market forecast analysis from 2023 to 2032 is included in the report. 

  • The key players within the water and wastewater valves market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the water and wastewater valves industry. 

 

Water And Wastewater Valve Market Report Highlights

Aspects Details
Market Size By 2032
Market Size By 2032

USD 14.7 billion

Growth Rate
Growth Rate

CAGR of 4.5%

Forecast period
Forecast period

2020 - 2032

Report Pages
Report Pages

250

Water And Wastewater Valve Market By Type
By Type
  • Gate
  • Ball
  • Butterfly
  • Globe
  • Others
Water And Wastewater Valve Market By Material
By Material
  • Cast Iron
  • Steel
  • Alloy Based
  • Others
Water And Wastewater Valve Market By End User Industry
By End User Industry
  • Oil and Gas
  • Chemical
  • Power Generation
  • Others
Water And Wastewater Valve Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, UK, France, Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players
Key Market Players

EG Valves Manufacturing Co., Ltd., Emerson Electric Co., AVK Holdings, Avcon Controls Pvt. Ltd., Flowserve Corp., Bohmer GmbH, Fluidchem Valves (India) Pvt. Ltd., Davis Valve, Anything Flows LLC, Flow Control Technology Valve

Analyst Review

Increase in demand for valves is witnessed from oil & power industries, mainly owing to high infrastructural upgradations under the” Industry 4.0” development. The market is anticipated to garner high revenues globally, with the development in automated regulation and control of industrial valves. Moreover, the increased investments in oil & gas extraction infrastructure in the North American countries including the U.S. and Canada drive the demand for industrial valves, which in turn boosts the growth of industrial valves market. The high demand from North America is satisfied by major manufacturers of industrial valves located in China, Germany, India, and others, which has resulted in significant growth of water and water waste valves market globally. In addition, the food & beverage processing industries have garnered high growth from the developing countries including Brazil, India, and others which has surged the demand for water and wastewater valves. ? 

Author Name(s) : Ajitesh Gupta| Aman Chaturvedi | Sonia Mutreja
Frequently Asked Questions?

The global water and wastewater valve market was valued at $8,258.6 million in 2020, and is projected to reach $14,655.4 million by 2032, registering a CAGR of 4.5% from 2023 to 2032.

The forecast period considered for the global water and wastewater valve market is 2023 to 2032

The latest version of global water and wastewater valve market report can be obtained on demand from the website.

The base year considered in the global water and wastewater valve market report is 2022.

The major players profiled in the water and wastewater valve market include AVK Holding, Anything Flows LLC, Avcon Controls Pvt. Ltd., Böhmer GmbHCrane, Davis Valve, EG Valves Manufacturing Co., Ltd., Emerson Electric Co., Flow Control Technology Valve, Flowserve Corp. And Fluid Chem Valves (India) Pvt. Ltd?

The top ten market players are selected based on two key attributes - competitive strength and market positioning.

The report contains an exclusive company profile section, where leading companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

Based type, the ball segment was the largest revenue generator in 2020.

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Water And Wastewater Valve Market

Global Opportunity Analysis and Industry Forecast, 2023-2032