Valves and Fittings Market

Global Valves and Fittings Market Size, Trends & Analysis - Forecasts to 2027 By Product (Valves, Fittings), By Application (Healthcare, Oil & Gas, Food & Beverage, Construction), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis

Category Chemicals & Advanced Material

Format

This report was recently updated on April 17 2024 with the latest and most recent market numbers

Global Valves and Fittings Market Size

The Global Valves and Fittings Market is projected to grow from USD 2.9 billion in 2022 to USD 4.2 billion in 2027 at a CAGR of 9.7% from 2022 to 2027.

Valves and fittings are largely used to regulate and stop the flow of liquid and gaseous matter. The global valves and fittings market is largely driven by an increase in demand from the pharmaceutical sector to meet the growing demand for pharmaceutical manufacturing due to the global pandemic. There has also been a rise in the demand for medical devices such as scanning machines, and microscopes where valves are utilized. Furthermore, to reduce excessive noise, pressure, and compression, valves and fittings are being increasingly implemented in the industrial manufacturing sector.

Industrial valves are also used in construction projects, the automotive industry for vehicles, and heavy machinery. This surge in demand due to technological advancements is expected to drive the market during the forecast period.

Some of the major restraints in the global valves and fittings market are the rise in prices of raw materials, inadequate places for manufacturing industries, high prices of specialized products used in the automotive sector, and disruptions in supply chain management.

global valves and fittings market

COVID-19 Impact on Global Valves and Fittings Market

The COVID-19 pandemic impacted the global valves and fittings market significantly. The global critical power and the cooling market saw a surge during the pandemic. Due to the outbreak of the COVID-19 pandemic, valves from the healthcare sector saw an increase in demand. Valves and fittings are also used in water and waste treatment processes to purify and keep them healthy. The instrumentation fittings are prone to corrosive properties and it is extremely helpful in the infrastructure sector. The growing demand for the valves and fittings market will boost the market's revenue between 2022 and 2027.

Ukraine-Russia War Impact on Valves and Fittings Market

The war between Russia and Ukraine had a substantial impact on the global valves and fittings market. Ukraine and Russia are facing production delays, a rise in transportation costs, and low sales due to the ongoing war. This also affects the other regions in Europe. Many countries trade with Russia and they are facing stockpiling and low demand due to increased prices. This impacts the political relations in the international market. Many companies are shutting down their business in Russia temporarily and this affects their other production plants as they have increased pressure of producing goods.

Global Valves and Fittings Market: By Product Type

The valves segment is expected to hold the largest share in the global valves and fittings market during the forecast period of 2022-2027. Instrumentation valves have high applications in many industries. They are used to regulate the flow of gases and liquids. They offer compression control and tight seals throughout the process. The valves are also easy to handle while opening and fitting. Due to so many applications of instrumentation valves, the demand for the valve segment is expected to witness the largest share.

The fittings segment is expected to grow the fastest during 2022-2027. Fittings are highly resistant to corrosion and offer a sturdy structure. Fittings are replaceable and can get worn out from heavy usage. The need for new fittings as machines are retrofitted is also expected to increase the demand for fittings during the forecast period. They are mainly used in pipe systems that help connect tubing sections of different shapes. Hence, considering these advantages the fittings segment is expected to have the fastest share.

Global Valves and Fittings Market: By Application

The healthcare segment is expected to witness the largest share in the global valves and fittings market during the forecast period of 2022-2027. The healthcare segment needs many levels of machinery. From small testing kits to huge scanning and surgical equipment. Hence, considering these advantages the healthcare segment is expected to witness the largest share.

The oil & gas segment is expected to grow the fastest during 2022-2027. market. The oil & gas sector needs instrumentation valves and fittings for transportation, increasing energy activities where valves and fittings are used which optimizes efficiency and is cost-effective. Valves are used in refinery plants and fluid handling systems. Due to them, the maintenance and repair are much easier.

asia pacific valves and fittings market

Global Valves and Fittings Market: By Region

The North America segment is expected to witness the largest share in the global valves and fittings market during the forecast period of 2022-2027. Due to the increase in disposable income of consumers and increased technological sites, the North America segment will dominate the global valves and fittings market.

An increase in the standard of living, and new technologies in the healthcare sector are a few reasons which drive the market in the United States. The valves and fittings market industry in the United States has been substantially strong for a few years and due to the increasing demand for consumers in the automotive hub, it is estimated to grow further during the forecast period.

Asia-Pacific is expected to grow the fastest during 2022-2027. Asia-Pacific region is developing huge manufacturing industries, and infrastructure for the healthcare and computer industry, and there are many technological advancements. Valves and fittings are useful in demanding activities and this drives the market in the forecast period.

The markets in India, China, and South Korea are developing new technologies and are also expanding businesses, this increases their production capacity. Developing countries are introducing various segments and plants in the industrial sector which require instrumentation valves and fittings. Hence, considering these advantages the global valves and fittings market is expected to grow.

The Middle East and Africa account for a significant market share. There is substantial growth due to investments in research and development, increased industrial activities, and businesses that are expanding in the global economy. The oil and gas industries are one of the major contributors to the middle east and hence the demand for instrumentation valves is estimated to have a steady growth rate. This competitive landscape helps in the growth rate of the global Valves and Fittings market.

Global Valves and Fittings Market Share and Competitor Analysis

Parker Hannifin, Circor International, Swagelok, Safelok, Hamlet, AS Schneider, Hex Valve, Bray International, Fuijikin Incorporated, Dwyer Instruments, and SSP Fittings, among others, are key players in the valves and fittings market.

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

The global valves and fittings market has observed several strategic alliances between company profiles to launch new products with added functionalities and maintain revenue share & profitability. Organic and inorganic growth strategies adopted by small players have been the highlight of this market.

Global Valves and Fittings Market Recent Development

In July 2020, Schneider launched fittings for instrumentation piping
In June 2020, Swagelok started manufacturing operations and plants in the APAC region to grow business in Singapore and China.
In June 2020, Circor International launched new products for the oil & gas industry
In October 2019, Parker Hannifin manufactured advanced coatings and technologies with strong capabilities.

Chapter 1 Research Methodology

1.1 Research Assumptions

1.2 Research Methodology

1.2.1 Estimates and Forecast Timeline

1.3 Information Procurement

1.3.1 Purchased Database

1.3.2 GME’s Internal Database

1.3.3 Primary Research

1.3.4 Secondary Sources & Third-Party Perspectives

1.3.4.1 Company Information Sources

1.3.4.2 Secondary Data Sources

1.4 Information or Data Analysis

1.4.1 Data Analysis Models

1.5 Market Formulation & Data Visualization

1.6 Data Validation & Publishing

1.7 Market Model

1.7.1 Model Details

1.7.1.1 Top-Down Approach

1.7.1.2 Bottom-Up Approach

1.8 Market Segmentation & Scope

1.9 Market Definition

Chapter 2 Executive Summary

2.1 Global Market Outlook

2.2 Product Type Outlook

2.3 Application Outlook

2.4 Regional Outlook

Chapter 3 Global Valves and Fittings Market Trend Analysis

3.1. Market Introduction

3.2 Penetration & Growth Prospect Mapping

3.3 Impact of COVID-19 on the Valves and Fittings Market

3.4 Metric Data based on the industry

3.5 Market Dynamic Analysis

3.5.1 Market Driver Analysis

3.5.2 Market Restraint Analysis

3.5.3 Industry Challenges

3.5.4 Industry Opportunities

3.6 Porter’s Five Analysis

3.6.1 Supplier Power

3.6.2 Buyer Power

3.6.3 Substitution Threat

3.6.4 Threat from New Entrant

3.7 Market Entry Strategies

Chapter 4 Valves and Fittings Market: By Application Trend Analysis

5.1 By Application: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

5.2 Healthcare

5.2.1 Market Estimates & Forecast Analysis of Healthcare, By Region, 2019-2027 (USD Billion)

5.3 Construction

5.3.1 Market Estimates & Forecast Analysis of Construction, By Region, 2019-2027 (USD Billion)

5.4 Oil & Gas

5.4.1 Market Estimates & Forecast Analysis of Oil & Gas Segment, By Region, 2019-2027 (USD Billion)

5.5 Food & Beverage

5.5.1 Market Estimates & Forecast Analysis of Food & Beverage Market Segment, By Region, 2019-2027 (USD Billion)

Chapter 5 Valves and Fittings Market: Product Type Trend Analysis

6.1 Product Type: Historic Data vs. Forecast Data Analysis, 2022 vs. 2027

6.2 Valves

6.2.1 Market Estimates & Forecast Analysis of Valves Segment, By Region, 2019-2027 (USD Billion)

6.3 Fittings

6.3.1 Market Estimates & Forecast Analysis of Fittings Segment, By Region, 2019-2027 (USD Billion)

Chapter 6 Valves and Fittings Market, By Region

7.1 Regional Outlook

7.2 North America

7.2.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.2.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.3 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.2.4 U.S.

7.2.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.4.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.5.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.2.6 Mexico

7.2.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.6.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3 Europe

7.3.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.3.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.3 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.4 Germany

7.3.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.4.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.5 UK

7.3.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.5.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.6 France

7.3.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.6.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.7 Russia

7.3.7.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.7.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.8 Italy

7.3.8.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.8.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.9 Spain

7.3.9.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.9.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.10 Rest of Europe

7.3.10.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.10.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.4.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.3 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.4.4 China

7.4.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.4.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.4.5 India

7.4.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.5.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.4.6 Japan

7.4.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.6.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.4.7 Australia

7.4.7.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.7.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.4.8 South Korea

7.4.8.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.8.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.3.9 Rest of Asia Pacific

7.3.9.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.9.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.5 Central & South America

7.5.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.3 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.5.4 Brazil

7.5.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.4.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.5.5 Rest of Central & South America

7.5.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.5.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.6 Middle East & Africa

7.6.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.6.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.3 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.6.4 Saudi Arabia

7.6.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.4.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.6.5 United Arab Emirates

7.6.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.5.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.6.6 South Africa

7.6.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.6.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

7.6.7 Rest of Middle East & Africa

7.6.7.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.7.2 Market Estimates & Forecast Analysis, By Product Type, 2019-2027 (USD Billion)

Chapter 7 Competitive Analysis

8.1 Key Global Players, Recent Developments & their Impact on the Industry

8.2 Four Quadrant Competitor Positioning Matrix

8.2.1 Key Innovators

8.2.2 Market Leaders

8.2.3 Emerging Players

8.2.4 Market Challengers

8.3 Vendor Landscape Analysis

8.4 End-User Landscape Analysis

8.5 Company Market Share Analysis, 2021

Chapter 8 Company Profile Analysis

9.1 Parker Hannifin

9.1.1 Company Overview

9.1.2 Financial Analysis

9.1.3 Strategic Initiatives

9.1.4 Product Benchmarking

9.2 Circor International

9.2.1 Company Overview

9.2.2 Financial Analysis

9.2.3 Strategic Initiatives

9.2.4 Product Benchmarking

9.3 Swagelok

9.3.1 Company Overview

9.3.2 Financial Analysis

9.3.3 Strategic Initiatives

9.3.4 Product Benchmarking

9.4 Safelok

9.4.1 Company Overview

9.4.2 Financial Analysis

9.4.3 Strategic Initiatives

9.4.4 Product Benchmarking

9.5 Hamlet

9.5.1 Company Overview

9.5.2 Financial Analysis

9.5.3 Strategic Initiatives

9.5.4 Product Benchmarking

9.6 AS Schneider

9.6.1 Company Overview

9.6.2 Financial Analysis

9.6.3 Strategic Initiatives

9.6.4 Product Benchmarking

9.7 Hex Value

9.7.1 Company Overview

9.7.2 Financial Analysis

9.7.3 Strategic Initiatives

9.7.4 Product Benchmarking

9.8 Bray International

9.8.1 Company Overview

9.8.2 Financial Analysis

9.8.3 Strategic Initiatives

9.8.4 Product Benchmarking

9.9 Dwyer Instruments

9.9.1 Company Overview

9.9.2 Financial Analysis

9.9.3 Strategic Initiatives

9.9.4 Product Benchmarking

9.10 Other Companies

9.10.1 Company Overview

9.10.2 Financial Analysis

9.10.3 Strategic Initiatives

9.10.4 Product Benchmarking

List of Tables

1 Technological Advancements in Valves and Fittings Market

2 Global Valves and Fittings Market: Key Market Drivers

3 Global Valves and Fittings Market: Key Market Challenges

4 Global Valves and Fittings Market: Key Market Opportunities

5 Global Valves and Fittings Market: Key Market Restraints

6 Global Valves and Fittings Market Estimates & Forecast Analysis, 2019-2027 (USD Billion)

7 Global Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

8 Healthcare: Global Valves and Fittings Market, By Region, 2019-2027 (USD Billion)

9 Oil & Gas: Global Valves and Fittings Market, By Region, 2019-2027 (USD Billion)

10 Construction: Global Valves and Fittings Market, By Region, 2019-2027 (USD Billion)

11 Food & Beverage: Global Valves and Fittings Market, By Region, 2019-2027 (USD Billion)

12 Global Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

13 Valves: Global Valves and Fittings Market, By Region, 2019-2027 (USD Billion)

14 Fittings: Global Valves and Fittings Market, By Region, 2019-2027 (USD Billion)

15 Regional Analysis: Global Valves and Fittings Market, By Region, 2019-2027 (USD Billion)

16 North America: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

17 North America: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

18 North America: Valves and Fittings Market, By Country, 2019-2027 (USD Billion)

19 U.S: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

20 U.S: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

21 Canada: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

22 Canada: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

23 Mexico: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

24 Mexico: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

25 Europe: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

26 Europe: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

27 Europe: Valves and Fittings Market, By Country, 2019-2027 (USD Billion)

28 Germany: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

29 Germany: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

30 UK: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

31 UK: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

32 France: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

33 France: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

34 Italy: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

35 Italy: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

36 Spain: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

37 Spain: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

38 Rest Of Europe: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

39 Rest Of Europe: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

40 Asia Pacific: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

41 Asia Pacific: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

42 Asia Pacific: Valves and Fittings Market, By Country, 2019-2027 (USD Billion)

43 China: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

44 China: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

45 India: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

46 India: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

47 Japan: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

48 Japan: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

49 South Korea: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

50 South Korea: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

51 Middle East & Africa: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

52 Middle East & Africa: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

53 Middle East & Africa: Valves and Fittings Market, By Country, 2019-2027 (USD Billion)

54 Saudi Arabia: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

55 Saudi Arabia: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

56 UAE: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

57 UAE: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

58 Central & South America: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

59 Central & South America: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

60 Central & South America: Valves and Fittings Market, By Country, 2019-2027 (USD Billion)

61 Brazil: Valves and Fittings Market, By Application, 2019-2027 (USD Billion)

62 Brazil: Valves and Fittings Market, By Product Type, 2019-2027 (USD Billion)

63 Parker Hannifin: Products Offered

64 Circor International: Products Offered

65 Swagelok: Products Offered

66 Safelok: Products Offered

67 Hamlet: Products Offered

68 AS Schneider: Products Offered

69 Dwyer Instruments: Products Offered

70 Hex Value: Products Offered

71 Bray International: Products Offered

72 Other Companies: Products Offered

List of Figures

1. Global Valves and Fittings Market Segmentation & Research Scope

2. Primary Research Partners and Local Informers

3. Primary Research Process

4. Primary Research Approaches

5. Primary Research Responses

6. Global Valves and Fittings Market: Penetration & Growth Prospect Mapping

7. Global Valves and Fittings Market: Value Chain Analysis

8. Global Valves and Fittings Market Drivers

9. Global Valves and Fittings Market Restraints

10. Global Valves and Fittings Market Opportunities

11. Global Valves and Fittings Market Challenges

12. Key Valves and Fittings Market Manufacturer Analysis

13. Global Valves and Fittings Market: Porter’s Five Forces Analysis

14. PESTLE Analysis & Impact Analysis

15. Parker Hannifin: Company Snapshot

16. Parker Hannifin: Swot Analysis

17. Circor International: Company Snapshot

18. Circor International: Swot Analysis

19. Swagelok: Company Snapshot

20. Swagelok: Swot Analysis

21. Safelok: Company Snapshot

22. Safelok: Swot Analysis

23. Hamlet: Company Snapshot

24. Hamlet: Swot Analysis

25. Dwyer Instruments: Company Snapshot

26. Dwyer Instruments: Swot Analysis

27. Hex Value: Company Snapshot

28. Hex Value: Swot Analysis

29. Bray International: Company Snapshot

30. Bray International: Swot Analysis

31. AS Schneider: Company Snapshot

32. AS Schneider: Swot Analysis

33. Other Companies: Company Snapshot

34. Other Companies: SWOT Analysis

The Global Valves and Fittings Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. 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 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.

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 company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the Global Valves and Fittings market?

The global valves and fittings market is projected to grow from USD 2.9 billion in 2022 to USD 4.2 billion in 2027 at a CAGR of 9.7% from 2022 to 2027.

Who are the major vendors in the Valves and Fittings market?

What is the Covid-19 impact on future Valves and Fittings providers?

The COVID-19 pandemic impacted the global valves and fittings market significantly. The global critical power and the cooling market saw a surge during the pandemic. Due to the outbreak of the covid-19 pandemic, valves from the healthcare sector saw an increase in demand. Valves and fittings are also used in water and waste treatment processes to purify and keep them healthy. The instrumentation fittings are prone to corrosive properties and it is extremely helpful in the infrastructure sector. The growing demand for the valves and fittings market will boost the markets revenue between 2022 and 2027.

What are the major drivers in the Valves and Fittings market?

Valves and fittings can be defined as devices or objects which can control fluids and gases by obstructing the flow. Valves can also regulate and stop the flow. The major driver in the global valves and fittings market is due to increase in demand in the pharmaceutical sector. Due to the global pandemic, there is a rise in demand for medical devices such as scanning machines, and microscopes where valves are fitted. Furthermore, to reduce excessive noise, pressure, and compression, valves and fittings are used in the industrial sector.

What is the impact of the Ukraine-Russia war on the Valves and Fittings sector?