Backbone of Industry: Understanding Industrial Valves to Reach $110.5 Bn by 2031

PORTLAND, OR, UNITED STATES, September 13, 2023/EINPresswire/ -- Valves are mechanical devices that are used for the direction, regulation, and control of liquids, gases, vapors, and slurries within a system. They find a huge array of applications across end use industries including oil & power industry, offshore industry, food & beverages, chemicals, and others. Materials such as cast iron, carbon steel, stainless steel, and other high-functioning metal alloys are used for the production of industrial valves.

In the intricate network of pipelines that run through variindustrial facilities, there exists a silent hero - the industrial valve. These often-overlooked electro-mechanical or mechanical devices play a pivotal role in regulating the flow of gases, liquids, slurries, and more. From shutting on and off to controlling pressure and facilitating precise regulation, industrial valves are the unsung heroes of many sectors, including the refinery, chemical, pharmaceutical, water & wastewater treatment, food and beverage (F&B), power, and oil & gas industries. In this article, we'll explore the fundamental functions and types of industrial valves that keep our industries running smoothly.

Download Updated Insights with Sample Report @

There are many types of industrial valves, and they all differ greatly in size, design, function, and operation.
.Globe Valves are one of the most popular kinds of valves used in variapplications. These are manufactured in three body designs: Y-body, Z-body, and angle. Also, the disk can be designed in three different ways: plug disk, ball disk, and composition disk.
.Gate valves are used to control the flow of liquid through the pipes. They contain very low friction loss. These valves can be classified on the basis of the type of disk used such as flexible wedge, split wedge, solid wedge, or parallel disk.
.Check valves, also known as Non-Return Valve (NRV), are used in systems employing gate valves with an aim to prevent the reversal of flow in the piping system.
.Ball valves use a ball shaped disk with a hole in it. These are designed in a way that allows them to rotate 90-degrees which is needed for the opening and closing of ball valves. These are cost-effective among all of the valves.
.Butterfly valves are those in which a metal disc is placed in the body of the valve by positioning it perpendicular to the flow in the closed position. These are very easy and quick to operate.

According to a report published by Allied Market Research, the global industrial valves market size is anticipated to reach $110.5 billion with a considerable CAGR from 2022 to 2031. The Asia-Pacific region is currently dominating the market with the highest market share and is also expected to witness the fastest growth rate during the forecasted period. This is attributed to the presence of India and China who are providing lucrative opportunities for the market expansion, owing to the low cost of raw materials, rise in demand for food, and extensive growth in industrial infrastructure in the developing nations during the recent few years.

Make Purchase Enquire Before Buying:

However, the outbreak of the COVID-19 pandemic led to a negative impact on the growth of the global industrial valves market. The implementation of the global lockdown and stringent travel restrictions forced all manufacturing activities to halt temporarily and disrupted the supply chain distribution. This in turn, resulted in a significant decrease in demand for industrial valves across end use industries. Nevertheless, with the increase in investments for infrastructure development and industrial projects in the post-pandemic, the global industrial valves market is expected to flourish to a great extent.
Functions of Industrial Valves

Industrial valves are versatile devices designed to fulfill a range of crucial functions in variindustries:

Flow Control: Valves can regulate the flow rate of substances through pipelines. By adjusting the position of the valve, operators can increase or decrease the flow to meet specific process requirements.

Shut On/Off: One of the fundamental functions of valves is to completely stop or allow the flow of substances. This is especially important for maintenance, emergencies, or controlling the start and stop of processes.

Pressure Control: Valves play a crucial role in maintaining pressure within a system. They can relieve excess pressure, preventing equipment and pipelines from damage due to overpressure.

Regulation: In many industrial processes, precise control of flow rates and pressures is essential. Valves are used to finely regulate these parameters, ensuring product quality and safety.

Buy this Research Report @

Top Players Running in the Market Are:
Key companies profiled in the industrial valves market report include AVK Holding, Avcon Controls Pvt Ltd, Schlumberger Limited, Crane, Emerson Electric Co., Flowserve Corp., Forbes Marshall, IMI Plc, Metso Corporation, The Weir Group Plc, EG Valves Manufacturing Co., Ltd., Sirca International S.P.A., Klinger Holding, Böhmer GmbH, Fluidline Valves Co. Pvt Ltd., Anything Flows LLC, Davis Valve and Powell Valves.

Author's Bio - Suchita Gupta is an explorer, musician and content writer. While pursuing MBA, she found that nothing satisfies her more than writing on miscellanedomains. She is a writer by day, and a reader by night. Besides, she can be found entertaining her audience on social media platforms. Find her on LinkedIn & Instagram.

David Correa
Allied Analytics LLP
+1 800-792-5285
emailhere
Visiton social media:
Facebook
Twitter
LinkedIn

MENAFN13092023003118003196ID1107058633