The global gate valve market size recorded sales of USD 12.9 billion in 2018. The market is poised to hold a revenue of USD 14.8 billion in 2023. In the assessment period 2023 to 2033, revenue is set to propel at 5.0% CAGR. It is expected to result in a sum of USD 24.3 billion by the end of 2033.
Prominent players operating in the global market are targeting the offshore and chemical gate projects in order to expand their share in the gate valves space. Key players involved in the market are continuously focusing on the development of new products, as well as merger activities with prominent end-users of gate valves.
Due to its corrosive nature, valves in water applications might represent a challenge. End-use sectors often prefer valves made of corrosive-resistant materials. It includes ductile iron and bronze as they are cost efficient on maintenance and prevent equipment failure.
The oil & gas sector is a key consumer of gate valves for drilling, production, and transportation processes. With continuous exploration of new oil & gas reserves, demand for gate valves is expected to rise during the forecast period.
Various existing gate valves in sectors and infrastructure systems might reach the end of their operational lifespan and require replacement or upgrading. This is set to create a constant demand for new gate valves, especially in developed economies with aging infrastructure.
Growing concerns over water scarcity and need for efficient water management systems are also expected to boost growth. These are likely to drive the demand for gate valves for use in water distribution, treatment, and conservation applications.
Sectors are increasingly focused on energy-efficient operations, and hence adhering to strict environmental regulations. Gate valves with advanced designs and features might help improve energy efficiency and reduce environmental impact, leading to their higher adoption.
Introduction of innovative gate valve designs such as smart valves with monitoring and control capabilities is another vital market driving factor. These designs might provide better efficiency and ease of operation, further attracting more customers to upgrade their existing systems.
Rapid industrialization and infrastructure development in emerging economies might fuel the demand for gate valves, as these countries invest in modernizing their facilities and utilities. Interconnectedness of economies and international trade can lead to increased demand for gate valves in various sectors, both for domestic use and export purposes.
A Few Key Factors Driving Gate Valve Demand Worldwide:
Attributes | Key Insights |
---|---|
Gate Valve Market Estimated Size (2023E) | USD 14.8 billion |
Projected Market Valuation (2033F) | USD 24.3 billion |
Value-based CAGR (2023 to 2033) | 5.0% |
The global gate valve market is poised to extend at 5.0% CAGR over the forecast period. During the historical period between 2018 and 2022, sales had escalated at 4.8% CAGR.
Technological advancements are expected to influence the demand for gate valves during the forecast period. For instance, increasing use of advanced automated solutions is set to enable the production of more complex and customized gate valves.
It is, in turn, expected to drive demand for gate valves that can produce high-quality components with complex geometries. Development of smart gate valves that can sense and monitor fluid flow & pressure is one such trend that is gaining traction.
Growing application in various sectors, especially in oil & gas, water & wastewater treatment, chemical & petrochemical, mining, and HVAC is another factor that might propel demand. Consumption of oil & gas is rising rapidly in numerous parts of the world.
According to the United States Energy Information Administration (EIA), global consumption of petroleum and liquid fuels is increasing every year. As a result, oil refineries are being constructed around the world.
As oil refineries produce highly flammable and combustible products, risk of fire incidents is increasing. It is expected to push the installation of robust fire protection systems.
Installation of fire prevention systems, which comprise valves and sprinklers, helps to reduce the risk of fires in oil & gas refineries. For instance, in fire risk zones, a deluge valve is critical for supplying a significant amount of suppressants in case of an emergency.
Valves deliver enormous amounts of water in a short amount of time. It also helps in reducing the possibility of a fire spreading to other parts of the refinery.
The mining sector is estimated to witness a positive growth outlook after the recovery of the global economy. Cost reduction is important for mining to stay profitable.
Workers feel uncomfortable when they work in deep mine coals. This is due to the presence of harmful gases. Also, failure rate of conventional equipment can increase due to abnormal pressure and temperature. Demand for specialized equipment and parts such as highly advanced gate valves is hence increasing at an accelerated rate.
Water and Wastewater Treatment:
The water and wastewater treatment sector has been witnessing steady growth. It is anticipated to create a surging demand for gate valves to control and manage water flow in various treatment processes.
Infrastructure Development:
Infrastructure development in emerging economies and ongoing infrastructure upgrades in developed countries have been contributing to rising demand for gate valves. These are expected to augment demand in sectors such as construction, power generation, and municipal utilities.
Technological Advancements:
Manufacturers are expected to focus on research & development to introduce innovative gate valve solutions such as smart valves. These can be remotely controlled and monitored, leading to increased efficiency and reduced downtime.
Rising Importance of Industrial Safety:
Sectors are increasingly emphasizing safety and environmental regulations. It is likely to lead to the adoption of reliable and robust gate valves for various industrial applications.
Manufacturers of gate valves are facing various challenges related to the development of their devices. Adhering to the strict environmental and governmental regulations might be a key restraint for growth. It includes the Japanese Industrial Standards (JIS), American Society of Mechanical Engineers (ASME), and Society of Automotive Engineers (SAE).
Gate valves compliant with various standards might find larger adoption compared to general valves. Various manufacturers are focusing on international & regional governmental standards and regulations. It is considered one of the threatening factors for growth in the gate valve market.
The United States and Canada to be the Hub of Leading Gate Valves Manufacturers
The United States is projected to create an incremental opportunity of USD 1,696.5 million in 2023. It is poised to reach a valuation of USD 4,575.4 million by the end of 2033.
The United States has been one of the top oil and gas producers globally. Their extraction process involves extensive use of gate valves. These are used to control the flow of fluids in pipelines and drilling operations.
Canada gas valve market, on the other hand, is projected to create an absolute $ opportunity of USD 618.9 million in 2023. By 2033, it is set to cross about USD 1,399.3 million.
Canada is rich in natural resources such as oil & gas, minerals, and water. Gate valves are commonly used in sectors related to oil & gas, extraction, mining, and water infrastructure.
Having abundant access to these resources could give Canada-based companies a competitive edge in producing and supplying gate valves. Favorable trade agreements with other countries can also facilitate the export of gate valves and create new opportunities.
Wedge Gates Valves to Gain Impetus amid Increasing Need for Leakage Prevention
By disc type, the wedge gate valves segment is observed to account for a prominent market share of 45.4% in 2023. Wedge gate valves are projected to create an absolute dollar opportunity of USD 4,642.8 million in 2023. It is set to exceed a value of USD 11,385.8 million by 2033.
Wedge gate valves provide excellent sealing capabilities, ensuring a tight shut-off and minimal leakage. This might make them highly desirable in applications where leakage prevention is critical.
Wedge gate valves are often made of robust material such as stainless steel and cast iron. It enhances their durability and long-term performance. This might also make them suitable for various sectors, including oil & gas, water treatment, and chemical processing.
Oil & Gas Sector Worldwide to Surge the Need for Advanced Gate Valve and Parts
Based on end use, the oil & gas segment is projected to create an absolute dollar opportunity of USD 2,634.9 million in 2023. It is set to cross a value of USD 6,245.4 million by the end of 2033.
Demand in the oil & gas sector is mainly driven by need for reliable and robust valves that can handle high pressures. Gate valves are often preferred in critical applications where a tight shut-off is necessary to prevent leaks.
The oil & gas sector is one of the leading consumers of gate valves. These valves are used extensively in exploration, refining, and transportation processes. Continuous demand in the oil & gas sector worldwide might further push demand for reliable and efficient gate valves.
Key manufacturers are focusing on continuous product innovation to develop gate valves with enhanced features. They are expected to incorporate features to improve efficiency and deliver better performance. This could involve using advanced materials, incorporating smart technologies, and optimizing valve design to meet specific industry requirements.
Recent Developments:
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 14.8 billion |
Projected Market Valuation (2033) | USD 24.3 billion |
Value-based CAGR (2023 to 2033) | 5.0% |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Value (USD billion) |
Segments Covered | Disc Type, Valve Material Used, Size, End Use, Size, Region |
Regions Covered | North America; Latin America; East Asia; South Asia Pacific; Western Europe; Eastern Europe; Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, GCC Countries, India, China, Japan and Australia |
Key Companies Profiled | Emerson Electric Co.; Flowserve Corporation; AVK Holding A/S; Velan Inc.; DeZURIK Inc.; Zhejiang Zhongcheng Valve Co. Ltd.; Crane Co. Ltd; Tecofi; Weir Group PLC; Bray International; Others |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Table 01: Global Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 02: Global Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 03: Global Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 04: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 05: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 06: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 07: Global Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 08: Global Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 09: Global Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 10: Global Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 11: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 12: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 13: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 14: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 15: Global Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 16: Global Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 17: Global Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 18: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 19: Global Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 20: Global Market Value (US$ million) and Volume ('000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Region
Table 21: North America Market Value (US$ million) and Volume ('000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Country
Table 22: North America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 23: North America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 24: North America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 25: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 26: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 27: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 28: North America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 29: North America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 30: North America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 31: North America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 32: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 33: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 34: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 35: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 36: North America Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 37: North America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 38: North America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 39: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 40: North America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 41: Latin America Market Value (US$ million) and Volume ('000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Country
Table 42: Latin America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 43: Latin America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 44: Latin America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 45: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 46: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 47: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 48: Latin America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 49: Latin America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 50: Latin America Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 51: Latin America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 52: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 53: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 54: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 55: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 56: Latin America Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 57: Latin America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 58: Latin America Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 59: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 60: Latin America Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 61: Western Europe Market Value (US$ million) and Volume ('000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Country
Table 62: Western Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 63: Western Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 64: Western Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 65: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 66: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 67: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 68: Western Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 69: Western Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 70: Western Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 71: Western Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 72: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 73: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 74: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 75: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 76: Western Europe Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 77: Western Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 78: Western Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 79: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 80: Western Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 81: Eastern Europe Market Value (US$ million) and Volume ('000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Country
Table 82: Eastern Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 83: Eastern Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 84: Eastern Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 85: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 86: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 87: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 88: Eastern Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 89: Eastern Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 90: Eastern Europe Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 91: Eastern Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 92: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 93: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 94: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 95: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 96: Eastern Europe Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 97: Eastern Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 98: Eastern Europe Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 99: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 100: Eastern Europe Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 101: South Asia and Pacific Market Value (US$ million) and Volume ('000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Country
Table 102: South Asia and Pacific Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 103: South Asia and Pacific Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 104: South Asia and Pacific Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 105: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 106: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 107: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 108: South Asia and Pacific Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 109: South Asia and Pacific Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 110: South Asia and Pacific Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 111: South Asia and Pacific Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 112: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 113: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 114: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 115: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 116: South Asia and Pacific Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 117: South Asia and Pacific Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 118: South Asia and Pacific Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 119: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 120: South Asia and Pacific Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 121: East Asia Market Value (US$ million) and Volume (‘000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Country
Table 122: East Asia Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 123: East Asia Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 124: East Asia Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 125: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 126: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 127: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 128: East Asia Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 129: East Asia Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 130: East Asia Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 131: East Asia Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 132: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 133: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 134: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 135: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 136: East Asia Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 137: East Asia Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 138: East Asia Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 139: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 140: East Asia Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 141: Middle East and Africa Market Value (US$ million) and Volume ('000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Country
Table 142: Middle East & Africa Market Volume (‘000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 143: Middle East & Africa Market Volume ((‘000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 144: Middle East & Africa Market Volume ((‘000 Units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 145: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 146: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 147: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by Disc Type
Table 148: Middle East & Africa Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 149: Middle East & Africa Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 150: Middle East & Africa Market Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 151: Middle East & Africa Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 152: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 153: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 154: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 155: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 By Valve Material Used
Table 156: Middle East & Africa Market Size (US$ million) and Volume (‘000 Units) Analysis and Forecast By Size, 2018 to 2033
Table 157: Middle East & Africa Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 158: Middle East & Africa Volume (‘000 units) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 159: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Table 160: Middle East & Africa Market Value (US$ million) Historical Data 2018 to 2022 and Forecast 2023 to 2033 by End Use
Figure 01: Global Market Historical Volume (‘000 Units), 2018 to 2022
Figure 02: Global Market Volume (Units) Forecast, 2023 to 2033
Figure 03: Global Pricing Analysis By Product (US$/Unit), 2022
Figure 04: Global Market Volume Share (2022A), Product
Figure 05: Global Market Historical Value (US$ million), 2018 to 2022
Figure 06: Global Market Value (US$ million) Forecast, 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2033
Figure 08: Global Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 11: Incremental $ Opportunity By Disc Type, 2023 to 2033
Figure 12: Global Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 14: Global Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 15: Incremental $ Opportunity By Valve Material Used, 2023 to 2033
Figure 16: Global Market Share and BPS Analysis By Size, 2023 to 2033
Figure 17: Global Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 18: Global Market Attractiveness Analysis By Size, 2023 to 2033
Figure 19: Incremental $ Opportunity By Size, 2023 to 2033
Figure 20: Global Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 21: Global Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 22: Global Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 23: Incremental $ Opportunity By End Use, 2023 to 2033
Figure 24: Global Market Share and BPS Analysis By Region– 2023 to 2033
Figure 25: Global Market Y-o-Y Growth Projection By Region, 2023 to 2033
Figure 26: Global Market Attractiveness Index By Region, 2023 to 2033
Figure 27: North America Market Share and BPS Analysis By Country– 2023 to 2033
Figure 28: North America Market Y-o-Y Growth Projection By Country, 2023 to 2033
Figure 29: North America Market Attractiveness Index By Country, 2023 to 2033
Figure 30: North America Incremental $ Opportunity By Country, 2023 to 2033
Figure 31: North America Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 32: North America Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 33: North America Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 34: North America Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 35: North America Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 36: North America Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 37: North America Market Share and BPS Analysis By Size, 2023 to 2033
Figure 38: North America Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 39: North America Market Attractiveness Analysis By Size, 2023 to 2033
Figure 40: North America Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 41: North America Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 42: North America Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 43: Latin America Market Share and BPS Analysis By Country– 2023 to 2033
Figure 44: Latin America Market Y-o-Y Growth Projection By Country, 2023 to 2033
Figure 45: Latin America Market Attractiveness Index By Country, 2023 to 2033
Figure 46: Latin America Incremental $ Opportunity By Country, 2023 to 2033
Figure 47: Latin America Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 48: Latin America Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 49: Latin America Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 50: Latin America Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 51: Latin America Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 52: Latin America Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 53: Latin America Market Share and BPS Analysis By Size, 2023 to 2033
Figure 54: Latin America Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 55: Latin America Market Attractiveness Analysis By Size, 2023 to 2033
Figure 56: Latin America Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 57: Latin America Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 58: Latin America Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 59: Western Europe Market Share and BPS Analysis By Country– 2023 to 2033
Figure 60: Western Europe Market Y-o-Y Growth Projection By Country, 2023 to 2033
Figure 61: Western Europe Market Attractiveness Index By Country, 2023 to 2033
Figure 62: Western Europe Incremental $ Opportunity By Country, 2023 to 2033
Figure 63: Western Europe Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 64: Western Europe Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 65: Western Europe Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 66: Western Europe Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 67: Western Europe Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 68: Western Europe Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 69: Western Europe Market Share and BPS Analysis By Size, 2023 to 2033
Figure 70: Western Europe Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 71: Western Europe Market Attractiveness Analysis By Size, 2023 to 2033
Figure 72: Western Europe Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 73: Western Europe Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 74: Western Europe Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 75: Eastern Europe Market Share and BPS Analysis By Country– 2023 to 2033
Figure 76: Eastern Europe Market Y-o-Y Growth Projection By Country, 2023 to 2033
Figure 77: Eastern Europe Market Attractiveness Index By Country, 2023 to 2033
Figure 78: Eastern Europe Incremental $ Opportunity By Country, 2023 to 2033
Figure 79: Eastern Europe Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 80: Eastern Europe Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 81: Eastern Europe Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 82: Eastern Europe Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 83: Eastern Europe Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 84: Eastern Europe Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 85: Eastern Europe Market Share and BPS Analysis By Size, 2023 to 2033
Figure 86: Eastern Europe Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 87: Eastern Europe Market Attractiveness Analysis By Size, 2023 to 2033
Figure 88: Eastern Europe Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 89: Eastern Europe Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 90: Eastern Europe Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 91: South Asia and Pacific Market Share and BPS Analysis By Country– 2023 to 2033
Figure 92: South Asia and Pacific Market Y-o-Y Growth Projection By Country, 2023 to 2033
Figure 93: South Asia and Pacific Market Attractiveness Index By Country, 2023 to 2033
Figure 94: South Asia and Pacific Incremental $ Opportunity By Country, 2023 to 2033
Figure 95: South Asia and Pacific Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 96: South Asia and Pacific Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 97: South Asia and Pacific Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 98: South Asia and Pacific Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 99: South Asia and Pacific Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 100: South Asia and Pacific Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 101: South Asia and Pacific Market Share and BPS Analysis By Size, 2023 to 2033
Figure 102: South Asia and Pacific Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 103: South Asia and Pacific Market Attractiveness Analysis By Size, 2023 to 2033
Figure 104: South Asia and Pacific Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 105: South Asia and Pacific Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 106: South Asia and Pacific Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 107: East Asia Market Share and BPS Analysis By Country– 2023 to 2033
Figure 108: East Asia Market Y-o-Y Growth Projection By Country, 2023 to 2033
Figure 109: East Asia Market Attractiveness Index By Country, 2023 to 2033
Figure 110: East Asia Incremental $ Opportunity By Country, 2023 to 2033
Figure 111: East Asia Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 112: East Asia Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 113: East Asia Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 114: East Asia Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 115: East Asia Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 116: East Asia Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 117: East Asia Market Share and BPS Analysis By Size, 2023 to 2033
Figure 118: East Asia Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 119: East Asia Market Attractiveness Analysis By Size, 2023 to 2033
Figure 120: East Asia Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 121: East Asia Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 122: East Asia Market Attractiveness Analysis By End Use, 2023 to 2033
Figure 123: Middle East and Africa Market Share and BPS Analysis By Country– 2023 to 2033
Figure 124: Middle East and Africa Market Y-o-Y Growth Projection By Country, 2023 to 2033
Figure 125: Middle East and Africa Market Attractiveness Index By Country, 2023 to 2033
Figure 126: Middle East and Africa Incremental $ Opportunity By Country, 2023 to 2033
Figure 127: Middle East & Africa Market Share and BPS Analysis By Disc Type, 2023 to 2033
Figure 128: Middle East & Africa Market Y-o-Y Growth Projections By Disc Type, 2023 to 2033
Figure 129: Middle East & Africa Market Attractiveness Analysis By Disc Type, 2023 to 2033
Figure 130: Middle East & Africa Market Share and BPS Analysis By Valve Material Used, 2023 to 2033
Figure 131: Middle East & Africa Market Y-o-Y Growth Projections By Valve Material Used, 2023 to 2033
Figure 132: Middle East & Africa Market Attractiveness Analysis By Valve Material Used, 2023 to 2033
Figure 133: Middle East & Africa Market Share and BPS Analysis By Size, 2023 to 2033
Figure 134: Middle East & Africa Market Y-o-Y Growth Projections By Size, 2023 to 2033
Figure 135: Middle East & Africa Market Attractiveness Analysis By Size, 2023 to 2033
Figure 136: Middle East & Africa Market Share and BPS Analysis By End Use, 2023 to 2033
Figure 137: Middle East & Africa Market Y-o-Y Growth Projections By End Use, 2023 to 2033
Figure 138: Middle East & Africa Market Attractiveness Analysis By End Use, 2023 to 2033
The global sales of gate valves are poised to surge at 5% CAGR through 2033.
The global market could have a value of around USD 14.8 billion in 2023.
The United States is the most lucrative market valued at USD 1,696.5 million in 2023.
The overall market witnessed a growth of 4.8% per year from 2018 to 2022.
The wedge gate valve segment is expected to contribute USD 11,385.8 million by 2033.
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