Global Plug Valves Market Research Report 2024

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.

The global Plug Valves market was valued at US$ 3906 million in 2023 and is anticipated to reach US$ 5227.5 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.

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.

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.

Report Scope

The Plug Valves market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Plug Valves market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Plug Valves manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


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


Segment by Type


Non-Lubricated

Lubricated Plug Valve

Eccentric Plug Valve

Expanding Plug Valve


Segment by Application


Petroleum and Natural Gas

Chemical

Water Treatment

Power

Others


Production by Region



North America

Europe

China

Japan

India

South Korea


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Plug Valves manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Plug Valves by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption 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, and production of each country in the world.

Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

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: The main points and conclusions of the report.

Frequently Asked Questions