What Fueled The Previous Growth In The Lined Valve Market?
The lined valve market has seen considerable growth due to a variety of factors.
• The lined valve market has seen strong growth in recent years. It is expected to rise from $3.26 billion in 2024 to $3.43 billion in 2025, growing at a CAGR of 5.5%.
Factors contributing to this growth include rising demand from chemical processing industries, stricter environmental regulations, increased use of lined valves in mining operations, and a focus on corrosion-resistant materials.
How Does the Forecast Look for the Lined Valve Market?
The lined valve market is expected to maintain its strong growth trajectory in upcoming years.
• The lined valve market is expected to reach $4.19 billion by 2029, at a CAGR of 5.1%.
Growth is driven by investments in water treatment infrastructure, rising demand in oil and gas, pharmaceutical, and biotechnology industries, and the growing need for energy efficiency. Trends include smart valve technology adoption, eco-friendly solutions, IoT integration, valve sealing advancements, and automation technology.
What Are The Leading Drivers Of Growth In The Lined Valve Market?
The expansion of the oil and gas sector is expected to drive the growth of the lined valve market. As global energy demands rise, the oil and gas industry is expanding, requiring efficient flow control solutions like lined valves. For example, in April 2024, China’s crude oil imports rose by 10%, reflecting the growing demand for oil and gas. The expansion of the sector is fueling the lined valve market's growth.
How Are The Segments Defined Within The Global Lined Valve Market?
The lined valve market covered in this report is segmented –
1) By Type: Ball Valve, Butterfly Valve, Plug Valve, Globe Valve, Gate Valve, Other Types
2) By Material: Polytetrafluoroethylene (PTFE), Perfluoroalkoxy (PFA), Modified Polytetrafluoroethylene (TFM), Polychlorotrifluoroethylene (PCTFE), Other Materials
3) By Industry: Chemical, Petrochemical, Pharmaceuticals, Food And Beverages, Pulp And Paper, Other Industries
Subsegments:
1) By Ball Valve: Full Port Ball Valve, Standard Port Ball Valve, V-Port Ball Valve
2) By Butterfly Valve: Wafer Butterfly Valve, Lug Butterfly Valve, Double Offset Butterfly Valve
3) By Plug Valve: Lubricated Plug Valve, Non-Lubricated Plug Valve, Eccentric Plug Valve
4) By Globe Valve: Tee Pattern Globe Valve, Angle Pattern Globe Valve, Wye Pattern Globe Valve
5) By Gate Valve: Wedge Gate Valve, Parallel Slide Gate Valve, Knife Gate Valve
6) By Other Types: Diaphragm Valve, Check Valve, Pinch Valve
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How Are New Trends Impacting The Size Of The Lined Valve Market?
Key players in the lined valve market are pushing innovation forward by creating technology-enhanced products, such as the smart valve positioner technology. This advanced technology enhances control precision and operational efficiency in industrial processes. It enables automatic valve position adjustment using sensor feedback and complex control algorithms, thereby improving the effectiveness and dependability of process control through accurate valve positioning. For instance, in April 2022, Emerson, a technology and software firm based in the US, received authorization from the U.S. Federal Communications Commission for its TopWorx PD Series Smart Valve Positioner. This smart valve positioner uses 4–20 mA loop signals and HART protocols to achieve accurate valve control, encompassing features like Hall effect position detection and dual configurable alarms. It is tailored for rotary and linear actuators in industries like oil and gas, chemical processing, and power generation. It promises easy setup and trustworthy performance even in demanding environments.
Who Are the Key Players In The Lined Valve Market?
Major companies operating in the lined valve market are:
• Honeywell International Inc.
• Schlumberger NV
• Emerson Electric Co.
• Pentair plc
• Flowserve Corporation
• Entegris Inc.
• KSB SE & Co. KGaA
• Crane Company
• KITZ Corporation
• samsoncontrols.net
• Bürkert Fluid Control Systems
• Bray International
• DeZURIK
• Mueller Co. LLC
• AZ Armaturen
• FluoroSeal Group
• InterApp AG
• Bueno Technology Co. Ltd.
• ChemValve Schmid AG
• EBRO Armaturen Gebr
• Sigma Polymers Engineering Company
What Is The Most Dominant Region In The Lined Valve Market?
Asia-Pacific was the largest region in the lined valve market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the lined valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
