Global Industrial Plastic Valve Market Segmentation, By Type (Gate Valve, Globe Valve, Ball Valve, Butterfly Valve, Diaphragm Valve, Check Valve, Plug Valve, Pinch Valve, Needle Valve, Pressure Relief Valve, and Others), Material (Polyvinyl Chloride (PVC), Chlorinated Polyvinyl Chloride (Cpvc), Polypropylene (PP), and Polyvinylidene Fluoride (PVDF)), Function (On-Off/Isolation Valves, and Control Valves), Accessories (Hydraulic Filter, Power Cable, Mounting Screw and Bolts, Seal Kits, Dust Protection Cover, and Others), Size (Up to 1”, 1”–6”, 6”–25”, 25”–50”, and 6 50” and Larger), End User (Oil and Gas, Water and Waste Treatment, Chemical, Energy and Utilities, Food and Beverages, Pharmaceutical, Agriculture, Marine, Automotive, Metals and Mining, Paper and Pulp, and Others) – Industry Trends and Forecast to 2031
Industrial Plastic Valve Market Analysis
Industrial plastic valve market growth is driven by demand for lightweight, corrosion-resistant solutions. Recent advancements include smart valves with IoT integration for real-time monitoring and control. Latest methods involve enhanced polymer materials for durability. Technologies such as automated flow control systems improve efficiency. The market is expanding due to rising industrial automation and sustainability trends.
Industrial Plastic Valve Market Size
The global industrial plastic valve market size was valued at USD 26.30 billion in 2023 and is projected to reach USD 37.12 billion by 2031, with a CAGR of 4.4% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Gate Valve, Globe Valve, Ball Valve, Butterfly Valve, Diaphragm Valve, Check Valve, Plug Valve, Pinch Valve, Needle Valve, Pressure Relief Valve, and Others), Material (Polyvinyl Chloride (PVC), Chlorinated Polyvinyl Chloride (Cpvc), Polypropylene (PP), and Polyvinylidene Fluoride (PVDF)), Function (On-Off/Isolation Valves, and Control Valves), Accessories (Hydraulic Filter, Power Cable, Mounting Screw and Bolts, Seal Kits, Dust Protection Cover, and Others), Size (Up to 1”, 1”–6”, 6”–25”, 25”–50”, and 6 50” and Larger), End User (Oil and Gas, Water and Waste Treatment, Chemical, Energy and Utilities, Food and Beverages, Pharmaceutical, Agriculture, Marine, Automotive, Metals and Mining, Paper and Pulp, and Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Emerson Electric Co. (U.S.), SLB (U.S.), Ham-Let group (Israel), IMI Kynoch Limited (U.S.), Metso (Finland), Spirax Sarco Limited (U.K.), TRILLIUM FLOW TECHNOLOGIES (U.S.), Bray International (U.S.), Neway valve (China), Velan Inc. (Canada), KITZ Corporation (Japan), SAMSON AG (U.S.), Avcon Controls Pvt. Ltd. (India), Forbes Marshall (India), Swagelok Company (U.S.), Flowserve Corporation (U.S.), and Dwyer Instruments, LLC. (U.S.)
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Market Opportunities
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Industrial Plastic Valve Market Definition
An industrial plastic valve is a type of valve made from durable plastic materials, used in various industrial applications to control the flow of fluids or gases. It is preferred for its resistance to corrosion, lightweight properties, and cost-effectiveness. These valves come in various designs, including ball, gate, and butterfly, tailored for specific operational needs.
Industrial Plastic Valve Market Dynamics
Drivers
- Rising Demand for Lightweight and Easy Handling
The rising demand for lightweight and easy-to-handle components drives the industrial plastic valve market. Plastic valves, being significantly lighter than metal ones, simplify handling, transport, and installation, which reduces labor costs and accelerates installation processes. For instance, in the construction industry, plastic valves are favored for their ease of installation in complex piping systems, contributing to faster project completion and lower overall expenses.
- Growing Demand in Emerging Markets
The growing industrialization and infrastructure development in emerging markets such as India and China boost the demand for plastic valves. As these regions expand their manufacturing and processing sectors, they require cost-effective and durable valves to handle various fluids. For instance, India’s booming chemical industry and China's expanding water treatment facilities drive significant growth in the plastic valve market, emphasizing their essential role in these developing economies.
Opportunities
- Reduction in Leakage and Maintenance
The reduction in leakage and maintenance through advanced sealing technologies in modern plastic valves creates significant market opportunities. For instance, manufacturers such as Asahi/America have developed valves with enhanced sealing mechanisms that virtually eliminate leakage and extend service intervals. This innovation not only boosts the reliability of industrial processes but also reduces downtime and maintenance costs, making these valves highly attractive for sectors such as water treatment and chemical processing.
- Advancements in Material Technology
Advancements in material technology, including high-performance polymers and composites, have significantly enhanced the durability and performance of plastic valves. For instance, polyetheretherketone (PEEK) and reinforced thermoplastics now enable plastic valves to withstand high pressures and temperatures previously reserved for metals. This innovation opens opportunities for their use in demanding applications such as aerospace and petrochemical industries, where robust and cost-effective solutions are crucial.
Restraints/Challenges
- Cost of High-Performance Plastics
High-performance plastics, essential for demanding applications, significantly increase the cost of plastic valves. Their higher price makes these valves less attractive to buyers, especially in cost-sensitive sectors. This can deter adoption and hinder market growth, as the elevated cost may outweigh the benefits for some users, limiting the overall market potential for industrial plastic valves.
- Limited Customization Options
Limited customization options hinder the industrial plastic valve market as plastic valves often offer fewer design modifications compared to metal valves. This limitation restricts their appeal for applications that require specific or complex configurations. As a result, industries with specialized needs may prefer metal valves, impacting the adoption and growth potential of plastic valves in those sectors.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Industrial Plastic Valve Market Scope
The market is segmented on the basis of type, material, accessories, size, function and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Gate Valve
- Globe Valve
- Ball Valve
- Butterfly Valve
- Diaphragm Valve
- Check Valve
- Plug Valve
- Pinch Valve
- Needle Valve
- Pressure Relief Valve
- Others
Material
- Polyvinyl Chloride (PVC)
- Chlorinated Polyvinyl Chloride (Cpvc)
- Polypropylene (PP)
- Polyvinylidene Fluoride (PVDF)
Function
- On-Off/Isolation Valves
- Control Valves
Accessories
- Hydraulic Filter
- Power Cable
- Mounting Screw and Bolts
- Seal Kits
- Dust Protection Cover
- Others
Size
- Up to 1”
- 1”–6”
- 6”–25”
- 25”–50”
- 6 50” and Larger
End User
- Oil and Gas
- Water and Waste Treatment
- Chemical
- Energy and Utilities
- Food and Beverages
- Pharmaceutical
- Agriculture
- Marine
- Automotive
- Metals and Mining
- Paper and Pulp
- Others
Industrial Plastic Valve Market Regional Analysis
The market is analysed and market size insights and trends are provided by country, type, material, accessories, size, function and end user as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Asia-Pacific is expected to dominate the industrial plastic valve market due to rising construction activities and booming chemical consumption in the region. This growth is driven by increased infrastructure development and industrial expansion, creating a robust demand for durable and efficient plastic valves in various applications.
North America is expected to expand at a significant growth in the industrial plastic valve market over the forecast period due to rising research and development activities and increasing demand for safety applications. The region's focus on innovation and stringent safety regulations is driving the adoption of advanced plastic valve technologies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Industrial Plastic Valve Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Some of the major players operating in the market are:
- Emerson Electric Co. (U.S.)
- SLB (U.S.)
- Ham-Let group (Israel)
- IMI Kynoch Limited (U.S.)
- Metso (Finland)
- Spirax Sarco Limited (U.K.)
- TRILLIUM FLOW TECHNOLOGIES (U.S.)
- Bray International (U.S.)
- Neway valve (China)
- Velan Inc. (Canada)
- KITZ Corporation (Japan)
- SAMSON AG (U.S.)
- Avcon Controls Pvt Ltd (India)
- Forbes Marshall (India)
- Swagelok Company (U.S.)
- Flowserve Corporation (U.S.)
- Dwyer Instruments, LLC. (U.S.)
Latest Developments in Industrial Plastic Valve Market
- In February 2024, Beijer Tech, a subsidiary of Beijer Alma, finalized the acquisition of 100% of AVS Power Oy. The Finnish company specializes in pneumatics, industrial valves, and compressors. This acquisition supports Beijer Alma’s strategy to add value and is anticipated to lead to a modest increase in earnings per share
- In February 2024, NDL Industries, based in Canada, launched its largest-diameter stainless-steel ball valve designed for industrial and large commercial transcritical CO2 systems. The valve, featuring a 120 bar rating and operating within a temperature range of -40 to 150°C, is notable for being the first CRN-approved for such systems
- In November 2023, Tecnik Fluid Controls established a joint venture with ITT Industries Inc., based in the United States, to produce industrial valves specifically for the pharmaceutical sector in India. This partnership includes ITT’s investment and transfer of essential technology, enhancing production capabilities in the region
- In July 2023, BDK Valves, in collaboration with Gurukrupa Group, acquired a 100% controlling stake in Theis Precision Steel India Pvt. Ltd. The company, known for its specialty cold rolling of high and medium-carbon steels, serves various market segments and provides customized solutions, strengthening their position in the Indian market
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