Global Industrial Plastic Valve Market, By 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), Country (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, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Industrial Plastic Valve Market
Industrial plastic valve market size is expected to grow at a compound annual growth rate of 3.90% for the forecast period of 2021 to 2028. Data Bridge Market Research report on industrial plastic valve market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The industrial plastic valve market is rising in demand due to increasing automation on account of increased industrialization and growth of existing facilities. Also, the growing demand for valves from healthcare and pharmaceuticals industries and rising focus on development of smart cities across the world is also highly impacting the growth of the industrial plastic valve in the forecast period of 2021 to 2028. The increasing need for connected networks to uphold and monitor industrial equipment is also anticipated to flourish the demand of the industrial plastic valve market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. Furthermore, the increasing installation of pipelines and the rapid growth in unconventional oil and gas applications are also expected to push the growth of industrial plastic valve market in the above mentioned forecast period.
The major factor which actively drives the demand of industrial plastic valve market is the increasing application of 3D printing technology in manufacturing valves. Likewise, the rising focus of industry players on offering improved customer services as well as the increasing prominence of automation in the process industry will further offer various growth opportunities for the growth of industrial plastic valve market over the forecast period of 2021 to 2028.
However, the lack of standardized norms and governing policies and fluctuations in the raw material prices are also expected to impede the growth of the industrial plastic valve market in the above mentioned forecast period, whereas the unplanned downtime because of malfunctioning or failure of valves have the potential to challenge the growth of the industrial plastic valve market.
This industrial plastic valve 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, geographical expansions, technological innovations in the market. To gain more info on industrial plastic valve market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Industrial Plastic Valve Market Scope and Market Size
Industrial plastic valve market is segmented on the basis of type, material, accessories, size, function and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the industrial plastic valve market is segmented into gate valve, globe valve, ball valve, butterfly valve, diaphragm valve, check valve, plug valve, pinch valve, needle valve, pressure relief valve and others.
- Based on material, the industrial plastic valve market is segmented into polyvinyl chloride (PVC), chlorinated polyvinyl chloride (CPVC), polypropylene (PP) and polyvinylidene fluoride (PVDF).
- Based on accessories, the industrial plastic valve market is segmented into hydraulic filter, power cable, mounting screw and bolts, seal kits, dust protection cover and others.
- On the basis of size, the industrial plastic valve market is segmented into up to 1”, 1”–6”, 6”–25”, 25”–50”, 6 50” and larger.
- On the basis of function, the industrial plastic valve market is segmented into on-off/isolation valves and control valves.
- The end user segment for industrial plastic valve market is segmented into 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.
Industrial Plastic Valve Market Country Level Analysis
Industrial plastic valve market is analyzed and market size, volume information is 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 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, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific leads the industrial plastic valve market because of increasing construction activities and thriving consumption of chemicals within this region. North America is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to increasing R&D activities and increasing demand for safety applications within this particular region.
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 consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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.
Competitive Landscape and Industrial Plastic Valve Market Share Analysis
Industrial plastic valve 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 industrial plastic valve market.
The major players covered in the industrial plastic valve market report are Emerson Electric Co., Schlumberger Limited., HAM–LET GROUP, IMI Critical Engineering, Metso Corporation, Spirax Sarco Limited., Trillium Flow Technologies, Bray International, Neway valve., Velan Inc., Crane Co., KITZ Corporation, SAMSON USA., AVK Holding A/S, Avcon Controls Pvt Ltd, Forbes Marshall., Swagelok Company., Flowserve Corporation, Dwyer Instruments LTD., Conbraco Industries Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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