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Industrial Valves In Oil And Gas Market 2025-2029: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The industrial valves in oil and gas market report covers the following areas:
Industrial Valves In Oil And Gas Market Size
Industrial Valves In Oil And Gas Market Trends
Industrial Valves In Oil And Gas Market Industry Analysis
Porter's Five Forces Analysis
Customer Landscape
The industrial valves in oil and gas market is fragmented, and the degree of fragmentation will accelerate. The rise in demand for more efficient valves will offer immense growth opportunities. However, the Issue of counterfeit and fraudulent valves will hamper the market growth
Industrial Valves In Oil And Gas Market 2025-2029: Drivers & Challenges
The Oil and Gas industry relies heavily on industrial valves for various applications in exploration, refining, and transportation. Key valve types include Gate, Globe, Control, Valve automation solutions, and Smart valves. Drivers include international energy agency reports, sealing ability, and projects such as gas, pipeline, refining, and exploration activities. Mechanical devices manage liquid level, flow, pressure, and temperature. Upstream uses Check, Gate, Ball, Butterfly, and Globe valves, while Midstream and Downstream employ Pressure relief valves. Valve sizes range from Below 10 inch to Above 20 inch, serving sectors like onshore exploration and gasoline demand. Automated valve operations enhance efficiency and safety. Valve types ensure reliable process control in Liquid and Gas projects.
The Energy sector, including Oil and Gas, faces numerous challenges in areas like Diesel and Gasoline production, Natural gas production from exploration wells, and refining Crude oil in Refineries and Petrochemical plants. Safety is paramount, with a focus on preventing accidents and spills. Mechanical engineering plays a crucial role in addressing these challenges through the manufacturing sector's Valve offerings. Valves are essential industrial control components for fluid management in various applications. In the Oil and Gas industry, Ball, Butterfly, Gate, Globe, and Control valves are commonly used for managing Pressure, Liquid level, Flow, and Temperature in Gas projects and Liquid refining processes. Valve manufacturing solutions include ESD valves, Actuators, and Sensors, which are integral to Valve automation and Smart valve technologies. The International Energy Agency the importance of pipeline safety and reducing Leakage, making valve technology a key focus area. The Automotive sector and Marine operations also rely on valve technology for Fluid management. Clean energy initiatives and Greener energy sources are driving the demand for advanced valve technology, including Butterfly valves and Ball valves. The Valve market is evolving with the latest technology and innovation, ensuring Mechanical devices meet the industry's ever-changing needs.
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Segment Overview
This industrial valves in oil and gas market report extensively covers market segmentation by
Product
Gate
Globe
Ball
Butterfly
Others
Type
Geography
APAC
North America
Europe
Middle East And Africa
South America
1.1 Gate- Gate valves are linear motion valves commonly used in the oil and gas industry for on-off applications. They consist of a gate, which can be circular or rectangular, that regulates fluid flow in a straight line. Two main types exist: parallel-shaped gate valves, with flat gates between two parallel seats, and wedge-shaped gate valves, utilizing two inclined seats and a mismatched inclined gate. The latter are preferred for viscous fluids like oil and gas, where minimal flow restrictions are necessary. In the oil and gas sector, these valves are employed during drilling activities and in pipelines. Their demand is primarily driven by pipeline construction for water and gas supply. Gate valves offer advantages such as excellent shut-off characteristics, bidirectional flow, minimal pressure loss, and suitability for high-pressure applications. Affordability is another significant benefit. The expansion of oil and gas infrastructure, including pipelines, refineries, LNG terminals, and petrochemical plants, fuels the demand for gate valves, thereby boosting the growth of the global industrial valves market in the forecast period.
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Industrial Valves In Oil And Gas Market 2025-2029: Key Highlights
CAGR of the market during the forecast period 2025-2029
Detailed information on factors that will assist industrial valves in oil and gas market growth during the next five years
Estimation of the industrial valves in oil and gas market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the industrial valves in oil and gas market across APAC, North America, Europe, Middle East and Africa, and South America
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of industrial valves in oil and gas market vendors
| Industrial Valves In Oil And Gas Market Scope |
| Report Coverage |
Details |
| Base year |
2024 |
| Historic period |
2017-2021 |
| Forecast period |
2025-2029 |
| Growth momentum & CAGR |
Accelerate at a CAGR of 3.6% |
| Market growth 2025-2029 |
USD 2555.4 million |
| Market structure |
Fragmented |
| YoY growth 2022-2023 (%) |
3.5 |
| Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
| Performing market contribution |
APAC at 39% |
| Key countries |
China, US, UK, India, Germany, France, South Korea, Japan, Italy, and Saudi Arabia |
| Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
| Key companies profiled |
Alfa Laval AB, AVK Holding AS, Bray International Inc., Crane Holdings Co., Curtiss Wright Corp., Dembla Valves Ltd., Emerson Electric Co., Flowserve Corp., General Electric Co., Hobbs Valve Ltd., Honeywell International Inc., IMI Plc, ITT Inc., KITZ Corp., Larsen and Toubro Ltd., Pentair Plc, RF Valves Inc., Schlumberger Ltd., The Weir Group Plc, and Valvitalia SpA |
| Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
| Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
| Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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