Global diaphragm valves market is expected to reach USD 6,978.21 million by 2026 from USD 4,061.68 million in 2018, growing at a CAGR of 7.1% in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.

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Global diaphragm valves market is a highly concentrated market which includes key players and local players. The market has witnessed increased strategic developments owing to favourable market scenario. The market will prominently grow in the coming years due to demand of valves in radioactive waste management industry, increasing nuclear plants due to huge demand for electricity and need for adequate infrastructure & safe production due to rapid industrialization.

The market has witnessed developments in terms of merger and acquisitions or product launches to enhance the product portfolio to meet the rising demand of innovative technology. For an instance, in May 2017, Crane Co. announced the completion of acquisition of Westlock Controls from Emerson Electric Co, at the amount of USD 40 million. The company completed this acquisition as a strong strategic move in order to expand its business in position transmitters, switchboxes, and other solutions for monitoring, networking and controlling process valves.

Emerson Electric Co. (U.S.) dominated the global diaphragm valves market and accounts for the highest market share in 2018 which is followed by Crane Co. (U.S.) and KSB SE & Co. KGaA (Germany). The other key players existing in the market includes Fipnet (Italy), GEMU Group (Germany), NIPPON DAIYA VALVE (Japan), Christian Burkert GmbH & Co. KG (Germany), Century Instrument Company (U.S.), Dymax Corporation (U.S.), INTERNATIONAL POLYMER SOLUTIONS (U.S.), Asahi/America (U.S.), THE PROTECTOSEAL COMPANY (U.S.), APLUS FINETEK SENSOR, INC. (Taiwan), ITT INC. (U.S.), ALFA LAVAL (Sweden), GEA Group Aktiengesellschaft (Germany), The Weir Group PLC (U.K.), TVI (U.S.), Diaphragm Direct (U.S.), Rotarex (Luxembourg) and others.

Emerson Electric Co.:

Emerson Electric Co. headquartered in Missouri, U.S., was founded in 1890. The company focuses on providing various commercial & residential solutions and automation solutions, which serve the oil and gas, chemicals and power generation, refining, pharmaceuticals, automotive, metals and mining, food and beverage, pulp and paper, and municipal water supplies markets. The product portfolio offered by the company comprises of commercial & residential solutions, automation solutions. The Emerson Electric Co. recorded revenue of USD 17,408 million in 2018 and USD 15,264 million in 2017. It experienced the growth by 21.48% in its automation solutions business division as compared to previous year owing to growth in demand of automation in industries to address the shortage of human labor in manufacturing, logistics and warehouses.

In May 2019, Emerson Electric Co. announced the launch of new manifold product for its Rosemount pressure transmitters, Rosemount R305 Integral Manifolds and Rosemount R306 In-line Manifolds; which will be responsible for shut off activities and equalizing the pressure at the transmitters. This new Pressure-Lock Valve design increases safety, simplifies high-pressure operation, and enhances reliability. This new product will help enhancing the company’s offerings.

It has its global networks through direct sales representatives and distributors in the Europe, North America, Latin America, Asia-Pacific, and Middle East & Africa. The company has various subsidiaries such as Rosemount Inc. (U.S.), Greenlee (U.S.), Roxar AS (Norway), InSinkErator (U.S.), ClosetMaid Corp (U.S.) among others.

Crane Co.:

Crane Co. headquartered in Connecticut, U.S., was founded in 1855. The company focuses on manufacturing and sales of fluid handling products, such as on/off valves for application in the oil & gas, power, chemical and other related end-markets. Its fluid handling products include Crane chempharma & energy, Crane valve services, Crane building services & utilities, and Crane pumps & systems. The company operates through four business segments which include fluid handling, payment & merchandising technologies, aerospace & electronics, engineered materials, among which fluid handling is the market focused business segment. Fluid handling segment offers Crane chempharma & energy and Crane valve services, which include gate valves, 3-way globe & plug valves, check valves, two piece split body check valves, specialty check valves, and quarter turn valves. Crane chempharma & energy offers valves, among which aseptic diaphragm valves and industrial diaphragm valves fall under the market focused category. The company generated revenue of USD 3,345.50 million in 2018 and USD 2,786.00 million in 2017. It has witnessed a growth by 5.67% in its fluid handling business segment as compared to the revenue of fluid handling generated in 2017 due to acquisition of Westlock Controls from Emerson Electric Co.

In May 2018, Crane Co. acquired the Westlock Controls from Emerson Electric Co, at the amount of USD 40 million as a strong strategic move in order to expand its business in position transmitters, switchboxes, and other solutions for monitoring, networking and controlling process valves. Thus, the company has expanded its product portfolio in variety of valves; it would give a significant contribution to the global diaphragm valves market through its broad diaphragm valves portfolio.

It has its global networks through direct sales representatives and distributors in the America, Europe, Middle East, Asia, and Australia. It operates through its subsidiaries such as Coin Holdings Ltd. (U.K.), Crane (Asia Pacific) Pte. Ltd. (Singapore), Crane Fluid & Gas Systems (Suzhou) Co. Ltd. (China), Crane GmbH (Germany), Crane Netherlands Holding B.V (Netherlands) among others.

KSB SE & CO. KGAA:

KSB SE & Co. KGAA is headquartered in Frankenthal, Germany, was founded in 1871. The company focuses on manufacturing and supply of pumps, valves and related systems involving the transportation of liquids. As a leading manufacturer of fluid handling company, KSB SE & Co. KGaA offers innovative solutions for water, waste water, industry, energy, building services, mining, automation, spare parts, and energy efficiency. The company operates through three business segments which include pumps, valves, and service, among which valves is the market focused business segment. It offers SISTO drinking water valve, which is designed to meet the demand of stringent hygienic requirements for Drinking water installations. These valves offer protection against microbial contamination and other health risks. The company generated revenue of USD 2,594.74 million in 2018 and USD 2,547.39 million in 2017. It has witnessed a growth by 0.56% in its valves business segment as compared to the revenue of valves segment generated in 2017 due to demand of diaphragm valves in water treatment and filtration processes.

In April 2018, KSB SE & Co. KGaA acquired the US pump service and sales company Dubric Industries Inc. to extend its service network in the highly industrial United States Midwest. This transaction enabled the company to cater in United States Midwest region by its services and innovative technology-based products.

The company has wide geographic presence in Europe, Americas & Oceania, Middle East & Africa, and Asia-Pacific. It operates through its subsidiaries such as SEILSERES Co., Ltd. (South Korea), KSB Valves (Shanghai) Co. Ltd. (China), KSB Taiwan Co., Ltd. (Taiwan), KSB Tech. Pvt. Ltd (India), KSB Pumps (S.A.) (Pty) Limited (South Africa) and others.