Globe Valve is a linear motion valve and are primarily designed to stop, start and regulate flow. The disk of a globe valve can be totally removed from the flowpath or it can completely close the flowpath. Conventional globe valves may be used for isolation and throttling services.
Market Analysis and Insights: Global Globe Valves Market
Due to the COVID-19 pandemic, the global Globe Valves market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Forged Steel accounting for % of the Globe Valves global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Oil & Gas segment is altered to an % CAGR throughout this forecast period.
China Globe Valves market size is valued at US$ million in 2021, while the US and Europe Globe Valves are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Globe Valves landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Globe Valves include Emerson, Flowserve, Cameron, KITZ, KSB, AVK, Crane, IMI and Bray, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Globe Valves capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Globe Valves by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Globe Valves Scope and Segment
Globe Valves market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Globe Valves market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Forged Steel
Cast Steel
Others
Segment by Application
Oil & Gas
Power Generation
Water & Wastewater
Mining
Chemical
Others
By Company
Emerson
Flowserve
Cameron
KITZ
KSB
AVK
Crane
IMI
Bray
Watts Canada
Circor
Kirloskar
GWC Valve
Babcock Valves
Orion Valves
Beric Davis
KOJO Valve
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E