PUBLISHER: IMARC | PRODUCT CODE: 1468549
PUBLISHER: IMARC | PRODUCT CODE: 1468549
Water and Gas Valves Market Report by Type (Quarter-turn Valves, Multi-turn Valves, Control Valves), Application (Oil and Gas Industry, Water and Wastewater Treatment Industry), and Region 2024-2032
The global water and gas valves market size reached US$ 21.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 32.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032. Significant growth in the oil and gas industry, extensive research and development (R&D) activities, and rapid technological advancements represent some of the key factors driving the market.
Water and gas valves are devices that regulate the flow in one direction or the other. They are generally manufactured using aluminum, copper, brass, bronze, steel, stainless steel, polyvinyl chloride (PVC), and plastics. Water valves are widely installed in various locations throughout a building, such as at the main water supply line, individual fixtures, and appliances. On the other hand, gas valves are installed on gas lines that supply natural gas or propane to appliances such as furnaces, stoves, and water heaters. They assist in ensuring the safe operation of gas-powered machines and preventing gas leaks. Water and gas valves are used in residential buildings to regulate the supply of water and gas to appliances and fixtures such as faucets, toilets, water heaters, and stoves.
Water and Gas Valves Market Trends:
The significant growth in the oil and gas industry across the globe is one of the key factors creating a positive outlook for the market. Water and gas valves are widely used to regulate the flow of fluids and gasses in various stages of the extraction, production, and transportation process. In line with this, the increasing product demand that can handle high-pressure and high-temperature applications is favoring the market growth. Moreover, the widespread product adoption in the industrial sector for manufacturing processes, power generation, and other applications is acting as another growth-inducing factor. Apart from this, the development of smart valves that are equipped with sensors and other advanced technology that aids in optimizing valve performance, reducing energy consumption, and providing real-time monitoring and control is providing an impetus to the market growth. Additionally, the increasing adoption of quarter-turn valves in water systems as it allows more precise control over the flow of water or other fluid and reduces the risk of contamination, which in turn is propelling the market growth. Furthermore, the introduction of anti-corrosive coating on water and gas valves that protect them from corrosion and other forms of wear and tear and helps to extend the lifespan of the valve by reducing the need for maintenance and replacement is positively influencing the market growth. Other factors, including growing investments in infrastructure development projects, rising awareness about safety measures related to handling gasses, extensive research, and development (R&D) activities, and the implementation of various government initiatives to promote the use of water and gas valves in order to prevent spills or leaks that can harm the environment are supporting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global water and gas valves market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, and application.
Type Insights:
Quarter-turn Valves
Multi-turn Valves
Control Valves
The report has provided a detailed breakup and analysis of the water and gas valves market based on the type. This includes quarter-turn, multi-turn, and control valves. According to the report, quarter-turn valves represented the largest segment.
Application Insights:
Oil and Gas Industry
Water and Wastewater Treatment Industry
A detailed breakup and analysis of the water and gas valves market based on the application has also been provided in the report. This includes oil and gas, water, and wastewater treatment industries. According to the report, oil and gas accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for water and gas valves. Some of the factors driving the Asia Pacific water and gas valves market included the significant growth in the oil and gas industry, widespread adoption of quarter-turn valves in water systems, and extensive research and development (R&D) activities.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global water and gas valves market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Crane Holdings Co., Curtiss-Wright Corporation, Emerson Electric Co., Flowserve Corporation, Honeywell International Inc., KSB SE & Co. KGaA, Schlumberger Limited, Watts Water Technologies Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
- 1. How big is the global water and gas valves market?
- 2. What is the expected growth rate of the global water and gas valves market during 2024-2032?
- 3. What are the key factors driving the global water and gas valves market?
- 4. What has been the impact of COVID-19 on the global water and gas valves market?
- 5. What is the breakup of the global water and gas valves market based on the type?
- 6. What is the breakup of the global water and gas valves market based on the application?
- 7. What are the key regions in the global water and gas valves market?
- 8. Who are the key players/companies in the global water and gas valves market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Water and Gas Valves Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Quarter-turn Valves
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Multi-turn Valves
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Control Valves
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Oil and Gas Industry
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Water and Wastewater Treatment Industry
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Crane Holdings Co.
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Curtiss-Wright Corporation
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.3 Emerson Electric Co.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Flowserve Corporation
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Honeywell International Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 KSB SE & Co. KGaA
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Schlumberger Limited
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.7.4 SWOT Analysis
- 13.3.8 Watts Water Technologies Inc.
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.8.3 Financials
- 13.3.1 Crane Holdings Co.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Water and Gas Valves Market: Major Drivers and Challenges
- Figure 2: Global: Water and Gas Valves Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Water and Gas Valves Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Water and Gas Valves Market: Breakup by Type (in %), 2023
- Figure 5: Global: Water and Gas Valves Market: Breakup by Application (in %), 2023
- Figure 6: Global: Water and Gas Valves Market: Breakup by Region (in %), 2023
- Figure 7: Global: Water and Gas Valves (Quarter-turn Valves) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Water and Gas Valves (Quarter-turn Valves) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Water and Gas Valves (Multi-turn Valves) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Water and Gas Valves (Multi-turn Valves) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Water and Gas Valves (Control Valves) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Water and Gas Valves (Control Valves) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Water and Gas Valves (Oil and Gas Industry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Water and Gas Valves (Oil and Gas Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Water and Gas Valves (Water and Wastewater Treatment Industry) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Water and Gas Valves (Water and Wastewater Treatment Industry) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: North America: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: North America: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: United States: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: United States: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Canada: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Canada: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Asia-Pacific: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Asia-Pacific: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: China: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: China: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Japan: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Japan: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: India: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: India: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: South Korea: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: South Korea: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Australia: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Australia: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: Indonesia: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: Indonesia: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Others: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Others: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Europe: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Europe: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: Germany: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: Germany: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: France: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: France: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: United Kingdom: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: United Kingdom: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Italy: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Italy: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Spain: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Spain: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Russia: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Russia: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Latin America: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Latin America: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Brazil: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Brazil: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Mexico: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Mexico: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Others: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Others: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Middle East and Africa: Water and Gas Valves Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Middle East and Africa: Water and Gas Valves Market: Breakup by Country (in %), 2023
- Figure 65: Middle East and Africa: Water and Gas Valves Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Global: Water and Gas Valves Industry: Drivers, Restraints, and Opportunities
- Figure 67: Global: Water and Gas Valves Industry: Value Chain Analysis
- Figure 68: Global: Water and Gas Valves Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Water and Gas Valves Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Water and Gas Valves Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Water and Gas Valves Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Water and Gas Valves Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Water and Gas Valves Market: Competitive Structure
- Table 6: Global: Water and Gas Valves Market: Key Players
