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The increasing demand for automotive valves is expected to bring new opportunities to the valve market

* 来源: * 作者: admin * 发表时间: 2019-07-11 18:32:49 * 浏览: 337

International pump and valve technology business report analyzes the main reasons for growth and the growth prospects of various regions and industries.


According to the report, the main growth trend of this market in the next five years is due to the rising demand of power and chemical industry. The slow industrial growth of developed economies will drag down the development of the global market.

The oil and gas industry led the growth in 2017. In view of the increase in global oil and gas industry activities, the industry will continue to grow during the reporting period. The demand for automotive valves is rising, and it is expected to bring new opportunities to the valve market in the future.

The Asia Pacific region will be the fastest growing market in the world, especially China and India will become the major consumer economies.


Major market trends

The demand of power industry is rising. In the power industry, valves are used in various occasions, such as boiler start-up, feed pump recirculation, steam regulation and turbine bypass.

Valves in the condensate system are used to control and regulate the additional flow required by the fluid recirculation condensate pumps. In addition, the valve is used to control the water level of the deaerator of the feed water heater.

In the drinking water system of electric power industry, valves are used for boiler feed water pump recycling. At this time, the valve plays a key role in opening closing and flow regulation.


In the mainstream system, valves are used for superheater, turbine bypass, superheater bypass, etc. The control valve is used to control the pressure.

In December 2017, 61 nuclear power plants and 99 nuclear reactors were put into operation in the United States. The government also plans to build more new reactors to boost nuclear power generation. It is estimated that four new nuclear power plants will be put into operation in the United States in 2021

In addition, the U.S. government is also focusing on increasing the capacity of power plants across the country, which also promotes the demand for cooling water treatment chemicals. The above factors will stimulate the demand for valves in the power industry.

Leading market in Asia Pacific Region

In 2017, the Asia Pacific region accounted for the major global market share. With the increase of investment in oil and gas industry and the continuous increase of water treatment demand in China, India and Japan, the use of industrial valves in the region is also increasing.

The consumption of industrial valves in the U.S. oil and gas industry is high, and the production of downstream industries is also increasing, which will further improve the production capacity of petrochemical products and stimulate the consumption of industrial valves in the country.


Chemical plants are another important industry in China. Many large enterprises in this industry have their own chemical plants in China. These companies have increased production capacity, thereby increasing the consumption of industrial valves. Water treatment facilities for different industries are another important industry in China.

Due to the increase of passenger car sales, the substitution of liquefied petroleum gas as cooking fuel, the improvement of urbanization and the rising demand for infrastructure and consumer goods, the demand for fuel oil is stimulated, which in turn promotes the increase of refining capacity.

The above factors, together with the support of the government, led to the increasing consumer demand for industrial valves in the Asia Pacific region during the reporting period.

Major enterprises

The global industrial valve market is highly fragmented, with the top 10 players accounting for 15% of the total market share. Major companies include Schlumberger Limited (former Cameron International), Emerson Electric, FOSS, IMI PLC and crane, as well as Alfa Laval, Honeywell, Saint Gobain, will group, sailemer, Dunan, etc.