Report overview
A valve is a device that regulates, directs or controls the flow of a fluid by opening, closing, or partially obstructing various passageways. The term Double Block and Bleed initially meant two separate block valves with a pipe and bleed valve between the valves to check for leakage. According to API 6D ?Specification for Pipeline Valves? standards, a double block-and-bleed valve is a ?single valve with two seating surfaces that, in the closed position, provides a seal against pressure from both ends of the valve, with a means of venting/bleeding the cavity between the seating surfaces.? Double block and bleed valves are used to achieve positive isolation when performing maintenance activities in a live process plant. Typically two block valves and a bleed valve are manufactured as a single assembly and this double block and bleed valve manifold can be readily installed for isolation purpose. Double block and bleed valves are usually used for critical process service, such as high pressure system or toxic, hydrocarbon or hazardous process fluids. For non-critical service, single block and bleed valve assemblies must be used. Double block and bleed valves are also often used with spectacle blind or blind spacers to provide positive isolation. Double block and bleed valve assemblies allow fewer potential leakage paths compared to traditional multiple valve installations, thus increasing safety of the design.
This report aims to provide a comprehensive presentation of the global market for Double Block & Bleed 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 Double Block & Bleed Valves. This report contains market size and forecasts of Double Block & Bleed Valves in global, including the following market information:
Global Double Block & Bleed Valves Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Double Block & Bleed Valves Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Double Block & Bleed Valves companies in 2022 (%)
The global Double Block & Bleed Valves market was valued at US$ 448.6 million in 2022 and is projected to reach US$ 561.3 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Double Block and Bleed Valves key players include Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, etc. Global top five manufacturers hold a share over 35%. North America is the largest market, with a share about 30%, followed by Europe and China, total have a share over 35 percent. In terms of product, Reduced Bore is the largest segment, with a share over 60%. And in terms of application, the largest application is Oil & Gas, followed by Chemical Industry, Power Industry.
We surveyed the Double Block & Bleed 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 Double Block & Bleed Valves Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Double Block & Bleed Valves Market Segment Percentages, by Type, 2022 (%)
Full Bore Valve
Reduced Bore Valve
Global Double Block & Bleed Valves Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Double Block & Bleed Valves Market Segment Percentages, by Application, 2022 (%)
Oil & Gas
Chemical Industry
Power Industry
Others
Global Double Block & Bleed Valves Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Double Block & Bleed 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 Double Block & Bleed Valves revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Double Block & Bleed Valves revenues share in global market, 2022 (%)
Key companies Double Block & Bleed Valves sales in global market, 2018-2023 (Estimated), (Units)
Key companies Double Block & Bleed Valves sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cameron
CIRCOR
Bonney Forge
AS-Schneider
Oliver Valves
Valbart (Flowserve)
L&T Valves
Parker Hannifin
Swagelok
Hy-Lok
DK-Lok
Haskel
Alco Valves (Graco)
Sabre
Western Valve
PBM Valve
Control Seal
Colson
Outline of Major Chapters:
Chapter 1: Introduces the definition of Double Block & Bleed Valves, market overview.
Chapter 2: Global Double Block & Bleed Valves market size in revenue and volume.
Chapter 3: Detailed analysis of Double Block & Bleed 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 Double Block & Bleed 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 Double Block & Bleed 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.
