全球蝶阀市场 - COVID-19 的增长、趋势、影响和预测(2022-2027 年)
市场调查报告书
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1136093

全球蝶阀市场 - COVID-19 的增长、趋势、影响和预测(2022-2027 年)

Global Butterfly Valve Market - Growth, Trends, and Forecasts (2022 - 2027)

出版日期: | 出版商: Mordor Intelligence | 英文 120 Pages | 商品交期: 2-3个工作天内

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简介目录

在预测期内,全球蝶阀市场预计将以 5.9% 的复合年增长率增长。

诸如过程工业自动化需求增加、石油和天然气行业需求增加以及工业化程度增加等因素正在推动所研究市场的增长。

主要亮点

  • 蝶阀可用于各种流体服务,并且在浆料应用中工作良好。对蝶阀不断增长的需求很大程度上归因于它们在各种材料类型中的可用性、易于操作和紧密关闭的特性。
  • 蝶阀用于石油和天然气、空气、消防以及高温和高压服务等各种要求苛刻的应用。该阀专为许多行业的功能和可靠性而设计,包括农用化学品、基础化学、特种化学和氟化物。
  • 石油和天然气行业是在各种工艺中采用三偏心蝶阀最有前景的行业之一。由于其坚固的性质和承受恶劣条件的能力,三偏心阀 (TOV) 是需要主动隔离的关键和非关键上游石油和天然气应用的最合适的解决方案之一。
  • 据信,世界各地对石油产品的需求不断增长,推动了这一市场的增长。例如,根据OPEC的数据,世界主要石油生产国之一的沙特阿拉伯将在 2021 年出口价值约 2865 亿美元的石油产品。
  • 然而,蝶阀容易出现的低差压、气蚀和阻塞流等因素可能会对研究市场的增长产生负面影响。
  • 在所研究的市场上观察到 COVID-19 的显着影响。由于勘探和生产活动受到限制,供应链中断减少了石油和天然气等最终用户行业的需求。然而,随着情况恢復正常,预计市场将在预测期内获得牵引力。

主要市场趋势

石油和天然气行业获得显着的市场份额

  • 石油和天然气行业中使用的阀门通常要经受恶劣的条件,并且必须在油井的整个生命週期内表现良好。操作条件有时会非常寒冷。在低于 -162 度的温度下,石油钻井平台和油井也可能非常热。蝶阀,尤其是三偏心阀 (TOV) 的强大功能和重载能力,使其成为非关键和关键上游石油和天然气应用的理想选择。
  • 石油产品,尤其是石油和天然气的消费量不断增加,正在推动对管道基础设施的投资,以将石油从一个地方输送到另一个地方。因此,预计对阀门的需求将会增加。例如,2021 年 9 月,Enbridge Inc 宣布 3 号线管道更换项目将于 10 月 1 日开始运营。据报导,这个耗资 82 亿美元的项目将使 Enbridge 将其 1,765 公里的管道容量翻一番,达到每天 760,000 桶。
  • 此外,根据 IEA 的数据,预计 2026 年全球石油消费量将达到 104.1mb/d。预计石化行业在预测期内仍将是增长支柱。到 2026 年,液化石油气、乙烷和石脑油合计占石油产品需求预计增长的 70%。预计此类发展将在预测期内支持所研究市场的增长。
  • 增加对石油和天然气管道基础设施的投资也促进了所研究市场的增长。例如,根据美国能源信息署的数据,联邦能源监管委员会(FERC)在 2022 年第一季度批准了三个项目,旨在随着管道和 LNG 的增加而增加美国的天然气出口。

亚太地区将经历显着增长

  • 亚太地区是当今在全球运营的一些最大公司的所在地,或者是其主要目的地。中国、台湾、日本、印度、韩国等国家工业部门的转型正在迅速增加对油气和其他石油产品的需求,进而对蝶阀的需求产生积极影响。例如,根据中国国家统计局的数据,2022年5月和6月工业生产分别增长0.7%和3.9%。
  • 据 IBEF 称,印度的石油需求预计将在 2045 年翻一番,达到每天 1100 万桶。同样,到 2029-30 年,印度对柴油的需求预计将翻一番,达到 163 吨。预计到 2024 年,天然气消费量也将增长 250 亿立方米,年均增长率为 9%。预计这些趋势将大大推动该国对蝶阀的需求。
  • 此外,亚太地区各国城市化率的上升正在推动对蝶阀的另一个主要消费者水和废水管理行业的投资。例如,2022 年 4 月,SUEZ宣布已获得一份为期 30 年的合同,通过当地合资企业在中国常熟建设和运营一座工业废水处理厂。该项目总投资3700万欧元,日吞吐量15000立方米。

竞争格局

由于对阀门的需求不断增加,新进入者增加,全球蝶阀市场的竞争正在加剧。此外,被研究的参与者正在采取有机和无机增长的方法来进一步加强他们在市场上的影响力。市场上的主要参与者包括 Emerson Electric Co.、Flowserve Corporation、L&T Valves Limited 和 Alfa Laval Corporate AB。

  • 2022 年 7 月 - Valworx 推出了全新的全不銹钢气动卫生蝶阀系列。这些全不銹钢卫生蝶阀具有用于卫生连接的三夹端,所有材料均符合 USDA、FDA 和 3-A 标准。据该公司称,这些蝶阀适用于药品、食品、饮料、个人护理和宠物护理。
  • 2022 年 7 月 - Valmet扩展了其多功能蝶阀系列,推出了 Neles Q-Disc,这是一种新的高性能功能,可帮助控制阀应用中的流量平衡。其主要优势之一是避免控制阀组中的执行器尺寸过大,从而实现更具成本效益和节能的解决方案。

其他福利

  • Excel 格式的市场预测 (ME) 表
  • 3 个月的分析师支持

目录

第 1 章 简介

  • 研究假设和市场定义
  • 调查范围

第二章研究方法论

第三章执行摘要

第四章市场洞察

  • 市场概况
  • 产业吸引力——波特五力分析
    • 供应商的议价能力
    • 消费者议价能力
    • 新进入者的威胁
    • 替代品的威胁
    • 竞争对手之间的竞争
  • 行业价值链分析
  • 评估 COVID-19 对市场的影响

第五章市场动态

  • 市场驱动力
    • 增加对石油和天然气炼油厂和管道的投资
    • 对具有紧密关闭、高压处理能力和低安装成本的捆包的需求增加
  • 市场製约因素
    • 对气蚀和阻流的抵抗力低,在低压下节流有限

第六章市场细分

  • 按类型
    • 高性能蝶阀
    • 衬里蝶阀
  • 按设计
    • 同心蝶阀
    • 偏心蝶阀
  • 按功能
    • 开/关阀
    • 控制阀
  • 行业
    • 自来水厂/废水
    • 油和气
    • 能源/电力
    • 製药
    • 化学
    • 其他
  • 按地区
    • 北美
    • 亚太地区
    • 欧洲
    • 拉丁美洲
    • 中东/非洲

第 7 章 竞争格局

  • 公司简介
    • Emerson Electric Co.
    • Flowserve Corporation
    • L&T Valves Limited
    • Alfa Laval Corporate AB
    • Curtiss-Wright Corporation
    • ASE Engineered Solutions
    • AVK Group
    • Crane Co.
    • Schlumberger Limited
    • XHVAL Valve Co., Ltd.
    • Huamei Machinery Limited
    • NIBCO Inc.
    • Flexachem
    • Valmet Corporation

第八章投资分析

第九章 市场潜力

简介目录
Product Code: 92031

The Global Butterfly Valve Market is expected to grow by registering a CAGR of 5.9% during the forecast period. Factors such as growth in demand for automation in the process industries, increasing demand from the oil & gas industry, and growing industrialization are driving the growth of the studied market.

Key Highlights

  • A Butterfly valve can be used in many different fluid services and perform well in slurry applications. The rising demand for Butterfly Valves can be strongly attributed to their availability in various material types, simple operation, and tight shut-off properties.
  • Butterfly Valves are used in many diverse and demanding applications such as oil & gas, air, fire protection, high-temperature & high-pressure services, etc. The Valves are designed for functionality and reliability in many industries like agrochemicals, base, specialty, and fluoro chemical industries.
  • The oil & gas industry is among the most promising sectors for adopting triple offset butterfly valves in various processes. Triple offset valves (TOVs), owing to their heavy-duty nature and ability to withstand demanding conditions, are among the most suitable solution for critical and non-critical upstream oil and gas applications that require positive isolation.
  • Increasing demand for petroleum products across various parts of the world is expected to support the growth of the studied market. For instance, according to OPEC, Saudi Arabia, which is among the leading oil-producing countries in the world, exported about USD 286.5 billion worth of petroleum products in 2021.
  • However, factors such as limited throttling service to low differential pressure, cavitation, and chocked flow that Butterfly valves are prone to may negatively impact the growth of the studied market.
  • A notable impact of COVID-19 has been observed on the studied market. Disruption in the supply chain reduced demand across end-user industries such as oil and gas due to limited exploration and production activities. However, with the condition returning to normalcy, the market is expected to gain traction during the forecast period.

Key Market Trends

Oil & Gas Sector to Hold Significant Market Share

  • Valves used in the gas and oil fields must perform well throughout a well's operation, as most oil and gas industry operations are exposed to harsh conditions. The operating conditions can sometimes be cryogenic; with temperatures below -162 degrees, the temperature of oil rigs and wells may also become extreme. The powerful features and heavy-duty ability of Butterfly Valves, especially Triple Offset Valves (TOVs), make them ideal for non-critical and critical upstream oil & gas applications.
  • The growing consumption of petroleum products, especially oil & gas, is driving investments in pipeline infrastructures to transport the oil from one place to another. This in turn is expected to witness an increase in demand for valves. For instance, in September 2021, Enbridge Inc announced that its Line 3 pipeline replacement project would begin operating on October 1. The reported USD 8.2 billion project will enable Enbridge to double its capacity to 760,000 barrels per day on the 1,765 km-long pipelines.
  • Furthermore, according to IEA, the global oil consumption is expected to be 104.1 mb/d by 2026. The petrochemical industry is expected to remain a pillar of growth over the forecast period. LPG, Ethane, and naphtha together account for 70% of the projected increase in oil product demand by 2026. Such trends are expected to support the growth of the studied market during the forecast period.
  • Increasing investment in oil & gas pipeline infrastructure is also supporting the growth of the studied market. For instance, according to the U.S. Energy Information Administration, the Federal Energy Regulatory Commission (FERC) approved three projects intended to increase U.S. natural gas exports via pipeline and as LNG, In the first quarter of 2022.

Asia Pacific to Witness Significant Growth

  • Asia Pacific region is either home or an important destination to some of the biggest industries operating globally today. The transformation of the industrial sector across the countries such as China, Taiwan, Japan, India, and South Korea has rapidly increased the demand for oil & gas and other petroleum products, which in turn is positively impacting the demand for butterfly valves. For instance, according to the National Bureau of Statistics of China, industrial production increased by 0.7% and 3.9% in May and June 2022, respectively.
  • According to IBEF, Oil demand in India is projected to register two times growth to reach 11 million barrels per day by 2045. Similarly, the demand for diesel in India is expected to double to 163 metric tonnes by 2029-30. Natural gas consumption is also expected to grow by 25 billion cubic meters, registering an average annual growth of 9% until 2024. Such trends are expected to boost the demand for butterfly valves in the country significantly.
  • Furthermore, the increasing urbanization rate across various countries of the Asia Pacific region is driving investment in the water & wastewater management industry which is another major consumer for butterfly valves. For instance, in April 2022, SUEZ announced that through a local joint venture, they were awarded a 30-year, build-and-operate contract for an industrial wastewater treatment plant in Changshu, China. The project has a total investment of EUR 37 million and a daily treatment capacity of 15,000-meter cubes.

Competitive Landscape

The competition in the Global Butterfly Valve market is increasing as the demand for the valves encourages new players to enter the market. Furthermore, to further strengthen their presence in the market, the studied players are taking both organic and inorganic growth approaches. Some major players operating in the market include Emerson Electric Co., Flowserve Corporation, L&T Valves Limited, and Alfa Laval Corporate AB.

  • July 2022 - Valworx released their new line of all stainless air-actuated sanitary butterfly valves. These all stainless sanitary butterfly valves feature Tri-Clamp ends for hygienic connections, and all materials comply with USDA, FDA, and 3-A standards. According to the company, these butterfly valves are suitable for pharmaceuticals, food, beverage, personal care, and pet care.
  • July 2022 - To extend its versatile butterfly valve product range, Valmet launched Neles Q-Disc, a new high-performance feature to help flow balancing in control valve applications. One of its key benefits is that it helps to avoid oversized actuators for control valve packages and thus provides a more cost- and energy-efficient solution.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of the Impact of COVID-19 on the Market

5 MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Increasing Investment in Oil & Gas Refineries and Pipelines
    • 5.1.2 Increasing Demand for Vales With Tight Shutoff, High-Pressure Handling Capacity, and Low Installation Cost
  • 5.2 Market Restraints
    • 5.2.1 Low resistance to cavitation & choke and limited throttling in case of low pressure

6 MARKET SEGMENTATION

  • 6.1 By Type
    • 6.1.1 High Performance Butterfly Valve
    • 6.1.2 Lined Butterfly Valve
  • 6.2 By Design
    • 6.2.1 Concentric Butterfly Valve
    • 6.2.2 Eccentric Butterfly Valve
  • 6.3 By Function
    • 6.3.1 On/Off Valve
    • 6.3.2 Control Valve
  • 6.4 By End-User Industry
    • 6.4.1 Water & Wastewater
    • 6.4.2 Oil & Gas
    • 6.4.3 Energy & Power
    • 6.4.4 Pharmaceutical
    • 6.4.5 Chemical
    • 6.4.6 Others
  • 6.5 By Geograhy
    • 6.5.1 North America
    • 6.5.2 Asia Pacific
    • 6.5.3 Europe
    • 6.5.4 Latin America
    • 6.5.5 Middle East & Africa

7 COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Emerson Electric Co.
    • 7.1.2 Flowserve Corporation
    • 7.1.3 L&T Valves Limited
    • 7.1.4 Alfa Laval Corporate AB
    • 7.1.5 Curtiss-Wright Corporation
    • 7.1.6 ASE Engineered Solutions
    • 7.1.7 AVK Group
    • 7.1.8 Crane Co.
    • 7.1.9 Schlumberger Limited
    • 7.1.10 XHVAL Valve Co., Ltd.
    • 7.1.11 Huamei Machinery Limited
    • 7.1.12 NIBCO Inc.
    • 7.1.13 Flexachem
    • 7.1.14 Valmet Corporation

8 INVESTMENT ANALYSIS

9 FUTURE OF THE MARKET