Global Lined Valve Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 3.25 Billion |
Market Size (Forecast Year) |
USD 4.48 Billion |
CAGR |
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Major Markets Players |
Global Lined Valve Market, By Type (Ball Valves, Plug Valves), Application (Oil and Gas, Chemical Industry) - Industry Trends and Forecast to 2031.
Lined Valve Market Analysis and Size
Emerging economies are witnessing infrastructure development, particularly in sectors such as oil and gas, water treatment, and chemical processing, stimulating market growth. Moreover, there is a growing emphasis on safety and reliability, prompting manufacturers to innovate and enhance valve designs to meet stringent industry standards.Moreover, growing focus on automation and integration of smart features in valve systems is also shaping the market landscape, with manufacturers incorporating IoT capabilities and remote monitoring functionalities into their products to improve efficiency and operational reliability.
The global lined valve market was valued at USD 3.25 billion in 2023 and is expected to reach USD 4.48 billion by 2031, registering a CAGR of 4.1% during the forecast period of 2024-2031. “Ball valves” segment dominate the market due to their superior sealing capabilities, minimal leakage risk, and versatility in handling various fluids and applications. 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
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2016-2021) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Ball Valves, Plug Valves), Application (Oil and Gas, Chemical Industry), |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa |
Market Players Covered |
Flow Line Valve and Controls (U.S.), Flowserve (U.S.), XOMOX (U.S.), AZ Armaturen (Germany), FluoroSeal (U.S.), Shanghai Anticorrosive Valve (China), ChemValve (Switzerland), BUENO TECHNOLOGY (South Korea), Sinopec Shanghai Valve (China), RAM Universal (U.S.), Sigma Polymers Engineering (India), 3Z (India) among others |
Market Opportunities |
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Market Definition
Lined valves are industrial valves that have a protective lining on their internal surfaces, typically made of materials such as PTFE (polytetrafluoroethylene), PFA (perfluoroalkoxy), or other fluoropolymers. This lining acts as a barrier between the valve's internal components and the process fluid, offering protection against corrosion, abrasion, and chemical attack.
Lined Valve Market Dynamics
Drivers
- Rising Demand for Corrosion Resistance
The increasing need for corrosion-resistant solutions in industries such as chemical processing and oil & gas is driving the global lined valve market. Lined valves offer superior protection against corrosive fluids, ensuring longer lifespan and reduced maintenance costs for industrial operations.
- Stringent Regulatory Standards
Stringent regulations pertaining to workplace safety and environmental protection are propelling the adoption of lined valves worldwide. Industries are compelled to invest in high-quality valves to meet compliance requirements, creating a significant driver for the market's growth.
Opportunities
- Expansion in Emerging Markets
The rapid industrialization and infrastructural development in emerging markets present lucrative opportunities for the global lined valve market. As these emerging regions such as (Africa and South America) seek modernization and upgrade of industrial facilities, there is a growing demand for corrosion-resistant valves, offering a promising avenue for market expansion.
- Technological Advancements IN Lining Materials AND Valve Designs
Ongoing technological advancements in lining materials and valve designs present opportunities for innovation and product differentiation. Manufacturers can leverage advancements such as smart valve solutions and advanced lining technologies to cater to evolving customer needs and gain a competitive edge in the market.
Restraint/Challenge
- High Initial Costs
One significant restraint for the global lined valve market is the relatively high initial costs associated with these specialized valves compared to conventional alternatives. The upfront investment required for purchasing and installing lined valves may deter some industries, especially those with budget constraints, from adopting these solutions.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the 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.
Recent Development
- In December 2021, leading valve maker ChemValve-Schmid AG unveiled their new ChemBall CSB Lined Ball Valves product line, which included an additional set of chevrons for reducing leakage and improving operational safety. Additionally, the new valves used TrueFloat technology, which enclosed the adjustable metallic link between the shaft and the ball core in a one-piece PFA jacket. Through this the company further strengthened its market position by offering innovative solutions to its coustmers
Lined Valve Market Scope
The market is segmented on the basis of type and application. The growth amongst these segments will help you analyse 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
- Ball Valves
- Plug Valves
Application
- Oil and Gas
- Chemical Industry
Global Lined Valve Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided by country, type, and application as referenced above.
The countries covered in the market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates and is the fastest growing region in the global lined valve market is primarily due to rapid industrialization and infrastructural development in countries such as China and India, driving demand for corrosion-resistant valves. Additionally, stringent environmental regulations in the region further fuel the adoption of lined valves in industries such as chemical processing and oil and gas.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as downstream 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 the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lined Valve Market Share Analysis
The market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the market are:
- Flow Line Valve and Controls (U.S.)
- Flowserve (U.S.)
- XOMOX (U.S.)
- AZ Armaturen (Germany)
- FluoroSeal (U.S.)
- Shanghai Anticorrosive Valve (China)
- ChemValve (Switzerland)
- BUENO TECHNOLOGY (South Korea)
- Sinopec Shanghai Valve (China)
- RAM Universal (U.S.)
- Sigma Polymers Engineering (India)
- 3Z (India)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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