Check Valve Trends and Forecast
The future of the global check valve market looks promising with opportunities in the oil & gas, water & wastewater treatment, energy & power, pharmaceuticals, food & beverages, chemicals, building & construction, paper & pulp and metals & mining markets. The global check valve market is expected to reach an estimated $10.20 billion by 2030 with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are growing healthcare device production and pharma R&D spending, rising number of power-producing plants, and increasing adoption of industrial automation across the globe.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Check Valve by Segment
The study includes a forecast for the global check valve by type, end use industry, and region
Check Valve Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Ball Valves
• Butterfly Valves
• Gate Valves
• Globe Valves
• Plug Valves
• Check Valves
• Diaphragm Valves
Check Valve Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Oil & Gas
• Water & Wastewater Treatment
• Energy & Power
• Pharmaceuticals
• Food & Beverages
• Chemicals
• Building & Construction
• Paper & Pulp
• Metals & Mining
• Others
Check Valve Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Check Valve Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies check valve companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the check valve companies profiled in this report include-
• Schlumberger
• Goodwin International
• Honeywell
• General Electric
• Emerson Electric
• Rotork
• KITZ
• AVK
• Flomatic Pumps
• Flowserve
Check Valve Market Insights
Lucintel forecast that ball valves is expected to witness highest growth over the forecast period.
Within this market, oil & gas will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Check Valve Market
Market Size Estimates: Check valve market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Check Valve Market size by type, end use industry, and region in terms of value ($B).
Regional Analysis: Check valve market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use industry, and regions for the check valve market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the check valve market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the check valve market size?
Answer: The global check valve market is expected to reach an estimated $10.20 billion by 2030.
Q.2 What is the growth forecast for check valve market?
Answer: The global check valve market is expected to grow with a CAGR of 9.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the check valve market?
Answer: The major drivers for this market are growing healthcare device production and pharma R&D spending, rising number of power-producing plants, and increasing adoption of industrial automation across the globe.
Q4. What are the major segments for check valve market?
Answer: The future of the check valve market looks promising with opportunities in the oil & gas, water & wastewater treatment, energy & power, pharmaceutical, food & beverages, chemicals, building & construction, paper & pulp and metals & mining markets.
Q5. Who are the key check valve market companies?
Answer: Some of the key check valve companies are as follows:
• Schlumberger
• Goodwin International
• Honeywell
• General Electric
• Emerson Electric
• Rotork
• KITZ
• AVK
• Flomatic Pumps
• Flowserve
Q6. Which check valve market segment will be the largest in future?
Answer: Lucintel forecast that ball valves is expected to witness highest growth over the forecast period.
Q7. In check valve market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the check valve market by type (ball valves, butterfly valves, gate valves,globe valves, plug valves, check valves, and diaphragm valves), end use industry (oil & gas, water & wastewater treatment, energy & power, pharmaceuticals, food & beverages, chemicals, building & construction, paper & pulp, metals & mining, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Check Valve Market, Check Valve Market Size, Check Valve Market Growth, Check Valve Market Analysis, Check Valve Market Report, Check Valve Market Share, Check Valve Market Trends, Check Valve Market Forecast, Check Valve Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.