Knife Gate Valve Market Report: Trends, Forecast and Competitive Analysis to 2030

Knife Gate Valve Trends and Forecast

The future of the global knife gate valve market looks promising with opportunities in the oil & gas, mining, paper & pulp, chemical & petrochemical, power, and wastewater treatment markets. The global knife gate valve market is expected to reach an estimated $1.8 million by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are increasing adoption of automated valves in industrial applications, rising focus on water conservation, and significantly growing mining and manufacturing activities by large-scale industries.

A more than 150-page report is developed to help in your business decisions.

Knife Gate Valve by Segment

The study includes a forecast for the global knife gate valve by type, function, end use industry, and region.

Knife Gate Valve Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Pneumatic
• Electric
• Manual
• Others

Knife Gate Valve Market by Function [Shipment Analysis by Value from 2018 to 2030]:

• Bi-Directional
• Uni-Directional

Knife Gate Valve Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Oil & Gases
• Mining
• Paper & Pulp
• Chemicals & Petrochemicals
• Power
• Wastewater Treatment
• Others

Knife Gate Valve Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Knife Gate Valve Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies knife gate valve companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the knife gate valve companies profiled in this report include-

• Velan
• Jash Engineering
• T-T Pumps
• Weir Group
• Orbinox
• DeZURIK
• Emerson
• Bray International
• Flowrox Oy
• AVK Group

Knife Gate Valve Market Insights

Lucintel forecasts that manual will remain the largest segment over the forecast period because it is operated manually through the use of a handwheel or lever, as well as, these devices are straightforward to use and have lower maintenance requirements.

Within this market, oil and gas will remain the largest segment over the forecast period due to growing demand for reliable and robust valves that controls high pressure, rising global energy demand, exploration of new oil reserves, as well as, technological advancements in extraction techniques.

APAC will remain the highest growing region over the forecast period due to swift industrial growth, heightened need for wastewater treatment, and expansion of the mining and chemical sectors in the region.

Features of the Global Knife Gate Valve Market

Market Size Estimates: Knife gate valve market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Knife gate valve market size by various segments, such as by function, end use industry, and region in terms of value ($B).

Regional Analysis: Knife gate valve market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different functions, end use industries, and regions for the knife gate valve market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the knife gate valve market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the knife gate valve market size?

Answer: The global knife gate valve market is expected to reach an estimated $1.8 billion by 2030.

Q.2 What is the growth forecast for knife gate valve market?

Answer: The global knife gate valve market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the knife gate valve market?

Answer: The major drivers for this market are increasing adoption of automated valves in industrial applications, rising focus on water conservation, and significantly growing mining and manufacturing activities by large-scale industries.

Q4. What are the major segments for knife gate valve market?

Answer: The future of the knife gate valve market looks promising with opportunities in the oil & gas, mining, paper & pulp, chemical & petrochemical, power, and wastewater treatment markets.

Q5. Who are the key knife gate valve market companies?

Answer: Some of the key knife gate valve companies are as follows:

• Velan
• Jash Engineering
• T-T Pumps
• Weir Group
• Orbinox
• DeZURIK
• Emerson
• Bray International
• Flowrox Oy
• AVK Group

Q6. Which knife gate valve market segment will be the largest in future?

Answer: Lucintel forecasts that manual will remain the largest segment over the forecast period due to it is operated manually through the use of a handwheel or lever, as well as, these devices are straightforward to use and have lower maintenance requirements.

Q7. In knife gate valve market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the highest growing region over the forecast period due to swift industrial growth, heightened need for wastewater treatment, and expansion of the mining and chemical sectors in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the knife gate valve market by type (pneumatic, electric, manual, and others), function (bi-directional and uni-directional), end use industry (oil & gases, mining, paper & pulp, chemicals & petrochemicals, power, wastewater treatment, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?