The water treatment industry valves market was valued at US$ 10,853.95 million in 2022 and is projected to reach US$ 16,282.87 million by 2030; it is expected to grow at a CAGR of 5.2% from 2022 to 2030.
Analyst Perspective:
The water treatment industry valves market growth in Europe is undergoing significant growth and transformation, mainly driven by countries such as the UK and Spain. The UK provides opportunities for market players through AMP 7, the 2020–2025 Water Sector Investment Cycle in England and Wales. Investments and expansions such as Kemira's move to expand its capacity of water treatment chemicals production indicate the increased demand from the water treatment industry, further signifying the elevated scales of operations of this industry. As the UK magnifies its efforts to meet water sector objectives, the demand for cutting-edge valve solutions within water treatment processes is poised for growth.
The water treatment industry valves market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Spain, experiencing remarkable growth in its water industry, faces challenges with significant water loss and aging infrastructure. The government's focus on scaling up operations in this industry, driven by worsening water infrastructure conditions and stricter EU regulations, positions public-private investments as a promising alternative. This, in turn, is expected to boost the demand for valves within the water treatment industry. The need for infrastructure upgrades, regulatory compliance requirements, and a heightened focus on water efficiency are among the factors contributing to the growing water treatment industry valves market size across Europe.
Market Overview:
Industrial valves are a type of mechanical device that open, close, or partially obstruct passages to control the flow of liquid or gas through a system. Wastewater valves are a vital component of wastewater piping systems and perform a variety of functions, including regulating the flow and pressure of fluids that ensure efficient and effective operations.
Rapid urbanization is one of the notable factors that is driving the demand for water treatment industry valves. Urbanization directly affects the demand and consumption of water, which leads to a surge in water management activities, thus driving the need to construct more wastewater treatment plants. This factor positively affects the sales of water treatment industry valves, which drives the water treatment industrial valves market. As per the data provided by the United States Census Bureau in December 2022, the US urban population expanded by 6.4% between 2010 and 2020. Furthermore, from 2020, 80.8% of the population lived in cities, accounting for 37.5 million people. In 2023, the urban population in Spain reached 82%. With a rapid rise in urbanization, there is an increasing demand for proper water treatment, and governments of several countries across the globe have invested notably in developing water treatment infrastructure. In December 2023, The City of Austin Water in Texas announced plans to increase the capacity of the Walnut Creek Wastewater Treatment Plant (WWTP) from 75 million gallons per day (MGD) to 100 MGD, as well as the peak hourly flow capacity from 165 MGD to 300 MGD. The project will construct new facilities as well as the rehabilitation and upgrade of existing facilities to satisfy future needs and regulatory requirements for wastewater treatment. The government has planned to invest US$ 500 million for this capacity expansion project.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Water Treatment Industry Valves Market: Strategic Insights
Market Size Value in US$ 10,853.95 million in 2022 Market Size Value by US$ 16,282.87 million by 2030 Growth rate CAGR of 5.2% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Water Treatment Industry Valves Market: Strategic Insights
| Market Size Value in | US$ 10,853.95 million in 2022 |
| Market Size Value by | US$ 16,282.87 million by 2030 |
| Growth rate | CAGR of 5.2% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Market Driver:
Rapid Urbanization Across the Globe Drives Water Treatment Industry Valves Market
Urbanization is the concentration of human populations in distinct locations. This concentration results in the conversion of land for residential, commercial, industrial, and transportation use. According to the updated list of urban areas provided by the United States Census Bureau in December 2022, the US urban population increased by 6.4% between 2010 and 2020. Urban areas have become denser as a result of urbanization, with an average population density rising from 2,343 in 2010 to 2,553 in 2020. Per the 2020 Census statistics, 36 new urban areas were classed as rural in 2010. The West region of the US remained the most urban of the country's four census areas, with 88.9% of its inhabitants living in cities, followed by the Northeast region with 84.0%. Apart from the US, Spain has also witnessed a notable rise in urbanization. According to United Nations figures from 2020, 80.8% of the population lived in cities, accounting for 37.5 million people; in 2023, this estimate reached 82%. Further, as more people relocate to cities, the demand for water and its consumption increases. According to the United Nations, buildings are responsible for ~12% of global water usage. Industries also require water to run their operations. The gear and equipment used in manufacturing, mining, and agriculture applications require enormous volumes of water. As more industries are built in cities as a part of urbanization, the demand for water increases. According to data given by the United States Environmental Protection Agency, a family in the US consumes more than 300 gallons of water each day at home. As a result, increased water consumption directly leads to high demand for water purification and filtration plants. Increased demand for water treatment plants led to new treatment projects in the US, Germany, Spain, and Japan, ultimately driving the industrial valve demand. Therefore, rapid urbanization is a key factor driving the water treatment industry valves market growth.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Segmental Analysis:
Based on valve type, the water treatment industry valves market analysis has been carried out by considering the following segments: gate valves, butterfly valves, diaphragm valves, safety valves, check valves, ball valves, and others. The ball valve segment dominates the water treatment industry valves market share due to various benefits such as low maintenance, durability, and ease of operation. The safety valve segment is expected to record the highest CAGR in the coming years owing to the rising focus on safety valve installation. A ball valve is a widely used valve in the industrial sector. It is mainly used for pressure and flow control applications for slurries, normal liquids, gases, and corrosive liquids. Major industries using ball valves include oil & gas, manufacturing, chemical & petrochemicals, and water treatment. The valve is easy to design; it fits seamlessly across any pipe and is highly durable. Constant development initiatives undertaken by global ball valve manufacturers further contribute to the growth of the market. For instance, in November 2021, Rusco announced the launch of a smart, automated ball valve for home filtration, well water, and commercial and municipal applications, which can be paired with smartphones for program automation and sediment flushing and flow shut-off.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Regional Analysis:
The scope of the water treatment industry valves market report focuses on North America, Europe, and Asia Pacific. Asia Pacific dominated the water treatment industry valves market share in 2022, and it is expected to continue its dominance during the forecast period. Europe is the second-largest contributor to the global water treatment industry valves market, followed by North America. In Europe, Germany accounted for the largest share of the water treatment industry valve in 2022, owing to the rising number of wastewater treatment projects with government support and initiatives. For instance, in December 2023, financing agreements signed between the European Union, Germany, and the Republic of Kosovo for wastewater treatment and solid waste management projects are likely to raise more than US$ 110.36 million in funding from 2023 to 2027. This investment in wastewater treatment projects in Kosovo will create opportunities for German companies specializing in water treatment technologies and equipment. Germany is renowned for its expertise in the water treatment industry, which reflects an increased domestic demand for water treatment valves, which are essential components in wastewater treatment plants and water networks. Germany has around 8,891 wastewater treatment plants in its public sector.
According to the Water Information System for Europe, urban wastewater in Germany is treated in 3,796 plants before it is discharged. The country hosts one of the largest wastewater treatment plants in the region. Operated by BASF, this plant purifies a volume of water equivalent to that generated by approximately 3 million people in private households. With increased investments in wastewater treatment projects, the demand for water treatment valves is likely to rise in Germany in the coming years. German companies specializing in valve manufacturing and supply, such as Böhmer GmbH, VAG GmbH, OHL Gutermuth Industrial Valves GmbH, and ATEC Armaturenbau und-Technik GmbH can seize this opportunity to expand their business and contribute to the improvement of wastewater treatment infrastructure, which is anticipated to drive the market growth.
Key Player Analysis:
Velan Inc, Alfa Laval Solution, Flowserve Corporation, Emerson Electric Co, Dutch Valve Vision, Valco Group, American AVK Co, Kitz Corporation, Spirax Sarco Engineering Plc, and DeZURIK Inc are among the key players covered in the water treatment industry valves market report. The report includes growth prospects in light of current water treatment industry valves market trends and driving factors influencing the market.
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the water treatment industry valves market. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand. The market players present in the market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings. A few recent developments by key the water treatment industry valves market players are listed below:
|
|
May-2022 | Flowserve Corp received a contract to deliver control and ball valves to OMV's chemical recycling demonstration plant in Schwechat, Austria. |
November-2021 | Flowserve Corp expanded RedRaven, an innovative industrial IoT service package. With RedRaven IoT solutions for pumps and valves, businesses can now proactively identify and address valve issues before they create downtime. |
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Valve Type, and Material Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Valve manufacturers have started integrating automation and IoT technologies into valves in order to increase overall efficiency and effectiveness. Smart valves make use of IoT technologies to regulate, monitor, and automate valve operations more efficiently. These next-generation valves manage flow rates and pressure to ensure equal resource allocation.
Emerson Electric Co., Schlumberger/Cameron, Flowserve Corporation, Alfa Laval AB, Kitz Corporation, and American AVK Company are the key market players operating in the global water treatment industry valve market.
The water treatment industry valves market in Europe is undergoing significant growth and transformation, mainly driven by countries such as the UK and Spain. The UK provides opportunities for market players through its AMP 7, the 2020–2025 Water Sector Investment Cycle in England and Wales. Investments and expansions such as Kemira's move to expand its capacity of water treatment chemicals production indicate the increased demand from the water treatment industry, further signifying the elevated scales of operations of this industry. As the UK magnifies its efforts to meet water sector objectives, the demand for cutting-edge valve solutions within water treatment processes is poised for growth.
Smart cities are rapidly evolving as urbanization is increasing. Water and energy are two of the most often used resources in cities. The overuse of these resources is steadily depleting them, which can potentially result in a catastrophic occurrence in the future. Thus, governments and energy corporations across the globe are implementing smart water management, which promotes efficient wastewater management and treatment through the use of technology.
Urbanization is the concentration of human populations in distinct locations. This concentration results in the conversion of land for residential, commercial, industrial, and transportation use. According to the updated list of urban areas provided by the United States Census Bureau in December 2022, the US urban population increased by 6.4% between 2010 and 2020. Urban areas have become denser as a result of urbanization, with an average population density rising from 2,343 in 2010 to 2,553 in 2020. Per the 2020 Census statistics, 36 new urban areas were classed as rural in 2010.
The List of Companies - Water Treatment Industry Valves Market
- Velan Inc
- Alfa Laval Solution
- Flowserve Corporation,
- Emerson Electric Co
- Dutch Valve Vision
- Valco Group
- American AVK Co
- Kitz Corporation’
- Spirax Sarco Engineering Plc
- DeZURIK Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Water Treatment Industry Valves Market
Feb 2024
Type-C Tanks Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Tank Type (Cylindrical, Bi-lobe, and Tri-lobe), Application (Cargo Tanks and Fuel Tanks), End User (LNG, LPG, LH2, and Ethanol), and Geography
Feb 2024
Water Treatment Industry Valves Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Valve Type (Ball Valves, Butterfly Valves, Diaphragm Valves, Safety Valves, Check Valves, Gate Valves, and Others) and Material Type (Steel Alloys, Stainless Steel, Cast Iron, and Others)
Feb 2024
Construction Scaffolding Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Offering [Scaffolding Products (Sale) and Rental Solutions], Type (Frame Scaffolding, Tube and Clamp Scaffolding, Ringlock Scaffolding, Cuplock Scaffolding, and Others), and End User (Residential Building, Commercial Building, Industrial, Oil and Gas Industry, Events, and Others)
Feb 2024
Conventional Lathe Machine Market
Forecast to 2028 - Global Analysis by Spindle Orientation (Horizontal and Vertical), Number of Axis (2 and 3), End-User (Automotive, General Machinery, Aerospace, Electronics, Oil & Gas, Others), and Lathe Type (Universal Lathe and Oil Country Lathe)