Report overview
Plug valve is a quarter-turn on-off valve. The plug itself is often shaped like an upside-down ice cream cone or a cylinder. A handle on top allows the user to turn the plug valve so it rotates and stops or starts the flow of liquid. A minimum of two holes, known as ports, must exist in the plug for liquid to flow. The ports are located on opposite sides of the plug, and when the plug is turned to the open position it creates a passage for the liquid to flow through.
This report aims to provide a comprehensive presentation of the global market for Plug Valves, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plug Valves. This report contains market size and forecasts of Plug Valves in global, including the following market information:
Global Plug Valves Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Plug Valves Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Plug Valves companies in 2022 (%)
The global Plug Valves market was valued at US$ 4019.1 million in 2022 and is projected to reach US$ 5295.7 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Plug Valves key players include Flowserve, Crane, Brdr. Christensens, Emerson, VETEC Ventiltechnik, etc.
North America is the largest market, with a share over 20%, followed by Europe and Asia(Except China), both have a share over 40%.
In terms of product, Lubricated Plug Valve is the largest segment, with a share over 50%. And in terms of application, the largest application is Petroleum and Natural Gas, followed by Chemical, Water Treatment, etc.
We surveyed the Plug Valves manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plug Valves Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plug Valves Market Segment Percentages, by Type, 2022 (%)
Non-Lubricated
Lubricated Plug Valve
Eccentric Plug Valve
Expanding Plug Valve
Global Plug Valves Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plug Valves Market Segment Percentages, by Application, 2022 (%)
Petroleum and Natural Gas
Chemical
Water Treatment
Power
Others
Global Plug Valves Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plug Valves Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Plug Valves revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Plug Valves revenues share in global market, 2022 (%)
Key companies Plug Valves sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Plug Valves sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Flowserve
Crane
Brdr. Christensens
Emerson
Weir
SchuF Group
AZ-Armaturen
Galli & Cassina
3Z Corporation
Henry Pratt
ASKA
VETEC Ventiltechnik
FluoroSeal
Regus
Parker
Walworth
DeZURIK
Clow Valve
BREDA ENERGIA
GA Industries
Fujikin
Pister
SS Valve
Val-Matic
UNIMAC
Yuanda Valve
Hugong Valve
Yuandong Valve
KOKO Valve
Gongzhou Valve
Datian Valve
ENINE-PV
REMY Valve
Zhengquan Valve
Miko Valve
Outline of Major Chapters:
Chapter 1: Introduces the definition of Plug Valves, market overview.
Chapter 2: Global Plug Valves market size in revenue and volume.
Chapter 3: Detailed analysis of Plug Valves manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Plug Valves in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Plug Valves capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
