Global Instrumentation Valves and Fittings Market

Global Instrumentation Valves and Fittings Market Size, Trends & Analysis with Covid-19 Impact - Forecasts to 2026 By Material (Stainless Steel Valves, Alloy-Based Valves, Cast-Iron Valves, Others), By Product (Valves, Fittings), By Industry (Oil & Gas, Food & Beverages, Pulp & Paper, Energy & Power, Healthcare, Chemicals, Others), By Region (North America, Europe, Asia Pacific, MEA, CSA); End User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis

Category Chemicals & Advanced Material

Format

This report was recently updated on July 20 2024 with the latest and most recent market numbers

Instrumentation Valves and Fittings Market: Insights

The global instrumentation valves and fittings market is estimated to witness a significant CAGR during the forecast period (2020-2026). Instrumentation valves and fittings are plumbing components in the plumbing system or plumbing circuit that control the flow of liquid or gas. The increasing demand for valves from healthcare and pharmaceutical industries are some of the major factors driving the market growth. Moreover, the growing prevalence of airborne diseases is expected to propel the market growth during the forecast period. Furthermore, the growing adoption of process instrumentation and automation in manufacturing plant stimulates technological advancements in instrumentation valves, and fittings is also expected to propel the market growth. However, lack of certification, failure of products, and stringent government rules and regulation are some of the factors hampering the market growth.

Instrumentation Valves and Fittings Market Size: By Material

Based on material, the global instrumentation valves and fittings market is segmented into stainless steel valves, alloy-based valves, and cast-iron valves, among others. The stainless steel valves segment is expected to hold the largest market share in terms of revenue during the forecast period due to the increase in demand in the end-use industries such as oil & gas, healthcare, and chemicals, among others. Moreover, improvement in productivity, cost management, and effective production planning are the main focus areas to improve the profit margins of the manufacturers over the coming years.

Instrumentation Valves and Fittings Market Size: By Product

Based on product, the global instrumentation valves and fittings market is segmented into valves and fittings. Valves are used to regulate the media movement of gases and liquids. Such valves are often used in circumstances that require a close shut-off. The valves segment accounted for the largest market share during the forecast period due to the high level of corrosion resistance and robustness of instrumentation valves and fittings for retrofit applications.

Instrumentation Valves and Fittings Market Size: By Industry

Based on industry, the global instrumentation valves and fittings market is segmented into oil & gas, food & beverages, energy & power, pulp & paper, healthcare, and chemicals, among others. The oil & gas segment is expected to hold the largest market share in terms of revenue during the forecast period. Instrument valves and fittings are used in offshore facilities, refineries, and gas handling systems in the oil & gas industry.

Instrumentation Valves and Fittings Market Size: By Region

Based on region, the global instrumentation valves and fittings market is segmented into North America, Europe, Asia-Pacific, Central & South America, and Middle East & Africa. The North America region is expected to grow at a high CAGR during the forecast period due to the commercialization of shale gas which stimulates the use of instruments and control systems for the extraction and processing purposes.

Instrumentation Valves and Fittings Market Share & Competitor Analysis

Some of the key players operating in the instrumentation valves and fittings market include: Bray International, Inc., Swagelok Company, SSP Corporation, Parker Hannifin Corporation, Armaturenfabrik Franz Schneider GmbH + Co. KG., Tylok International, Inc., CIRCOR Instrumentation, Richards Industries, CPV Manufacturing, FITOK Group, Dwyer Instruments, Inc., Walter Stauffenberg Gmbh & Co (Stauff), HAM-LET Group, DK-Lok Corporation, Waverley Brownall, Alco Valves Group, Brennen Industries, and Fujikin of America, Inc., among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In July 2020, AS-Schneider announced the launch of new Double Block & Bleed valves, specifically designed for instrumentation piping.

In June 2020, Swagelok expanded its manufacturing operations in APAC region. The company established its new manufacturing plant in China and its new office in Singapore.

Check the Press Release on Global Instrumentation Valves and Fittings Market Report

Instrumentation Valves and Fittings Market: By Material

Introduction
1. Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
Stainless Steel Valves
1. Stainless Steel Valves: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Alloy-Based Valves
1. Alloy-Based Valves: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Cast-Iron Valves
1. Cast-Iron Valves: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Others
1. Others: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)

Instrumentation Valves and Fittings Market: By Product

Introduction
1. Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
Valves
1. Valves: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
  1. Ball and Needle Valves: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
  2. Check and Plug Valves: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
  3. Other Valves: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Fittings
1. Fittings: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)

Instrumentation Valves and Fittings Market: By Industry

Introduction
1. Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
Oil & Gas
1. Oil & Gas: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Food & Beverages
1. Food & Beverages: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Pulp & Paper
1. Pulp & Paper: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Energy & Power
1. Energy & Power: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Healthcare
1. Healthcare: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Chemicals
1. Chemicals: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)
Others
1. Others: Instrumentation Valves and Fittings Market, 2020-2026 (USD Million)

Instrumentation Valves and Fittings Market: By Region

Introduction
1. Global Instrumentation Valves and Fittings Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Instrumentation Valves and Fittings Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Material
    1. North America Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
  2. By Product
    1. North America Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
  3. By Industry
    1. North America Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
  4. By Country
    1. U.S
      1. By Material
        
        U.S. Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        U.S. Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        U.S. Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    2. Canada.
      1. By Material
        
        Canada Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        Canada Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        Canada Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    3. Mexico
      1. By Material
        
        Mexico Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        Mexico Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        Mexico Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
Europe
1. Europe Instrumentation Valves and Fittings Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Material
    1. Europe Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
  2. By Product
    1. Europe Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
  3. By Industry
    1. Europe Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
  4. By Country
    1. Germany
      1. By Material
        
        Germany Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        Germany Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        Germany Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    2. UK
      1. By Material
        
        UK Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        UK Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        UK Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    3. France
      1. By Material
        
        France Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        France Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        France Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    4. Italy
      1. By Material
        
        Italy Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        Italy Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        Italy Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Instrumentation Valves and Fittings Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Material
    1. Asia Pacific Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
  2. By Product
    1. Asia Pacific Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
  3. By Industry
    1. Asia Pacific Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
  4. By Country
    1. China
      1. By Material
        
        China Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        China Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        China Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    2. Japan
      1. By Material
        
        Japan Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        Japan Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        Japan Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    3. India
      1. By Material
        
        India Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        India Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        India Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    4. South Korea
      1. By Material
        
        South Korea Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        South Korea Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        South Korea Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    5. Rest Of Apac
      1. By Material
        
        Rest Of Apac, Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        Rest Of Apac Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        Rest Of Apac Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
Central & South America
1. Central & South America Instrumentation Valves and Fittings Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Material
    1. Central & South America Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
  2. By Product
    1. Central & South America Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
  3. By Industry
    1. Central & South America Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
  4. By Country
    1. Brazil
      1. By Material
        
        Brazil Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
      2. By Product
        
        Brazil Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
      3. By Industry
        
        Brazil Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
2. Middle East & Africa
  1. Middle East & Africa Instrumentation Valves and Fittings Market, Regional Analysis, 2020-2026 (USD Million)
    1. By Material
      1. Middle East & Africa Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
    2. By Product
      1. Middle East & Africa Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
    3. By Industry
      1. Middle East & Africa Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
    4. By Country
      1. Saudi Arabia
        
        By Material
        
        Saudi Arabia Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
        
        By Product
        
        Saudi Arabia Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
        
        By Industry
        
        Saudi Arabia Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)
      2. UAE
        
        By Material
        
        UAE Instrumentation Valves and Fittings Market, By Material, 2020-2026 (USD Million)
        
        By Product
        
        UAE Instrumentation Valves and Fittings Market, By Product, 2020-2026 (USD Million)
        
        By Industry
        
        UAE Instrumentation Valves and Fittings Market, By Industry, 2020-2026 (USD Million)

The global Instrumentation Valves and Fittings Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Instrumentation Valves and Fittings Market.

Instrumentation Valves and Fittings Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Instrumentation Valves and Fittings Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Instrumentation Valves and Fittings Market