Press release
Knife Gate Valve Market Key Players| Weir Group, ITT Inc., Velan, Jash Enginerrign Ltd., T-T Pumps and others market players
The global knife gate valve market witnessed a total consumption of 464.5 thousand units in 2018 and is estimated to reach 549.8 thousand units in 2024, registering a compound annual growth rate (CAGR) of 3.0% between 2019 and 2024.
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Rapid Industrialization is Augmenting the Demand for Industrial Valves
Knife gate valves find foremost application in oil & gas, mining, pulp & paper, and chemical industries. As the industrialization is rising across all regions, especially in emerging economies such as India, Brazil, China and others, the demand for knife gate valve is expected to rise in upcoming years. The mining industry is one of the major end-user of Knife gate valve, and since the mining industry across the globe is flourishing owing to the number of reasons, the knife gate valve market is likely to follow the same path as the mining industry in future.
Rapid growth in industries such as water & wastewater treatment, oil & gas, chemical and petrochemical, where liquid handling is essential, the demand for valves is intensely high and this is a major driving factor behind rising consumption of knife gate valves across the globe. Ongoing government & municipal projects for water & wastewater treatment, rising expenditure on oil & gas exploration activities by countries such as U.S. & China are two of the many factors, which are projected to bolster the consumption rate of knife gate valve in upcoming years.
Growing Demand for Energy in Emerging Countries
The economic, industrial and urbanization growth has a direct impact on energy demand in leading industrialized and emerging economies including China, Argentina, United States of America, Saudi Arabia, China, and others. Due to the rise in demand for energy, industries such as oil & gas, powerplant, coal industry, the renewable energy industry, and others are growing significantly worldwide. Governments are spending tons of capital to increase energy production in order to fulfill the energy demand of nations. Energy Demand Growing Demand for Energy in Emerging Countries Industrial valves such as Knife gate valve’s consumption is estimated to grow significantly higher than its levels in previous years owing to rise in investment in the energy sector across the globe. Countries such as China and the U.S. are striving hard to boost oil & gas production in the country. At the same time, it is also expected that the consumption of knife gate valves in renewable energy industries such as hydro powerplants, and others will grow as the demand for renewable energy resources is rising worldwide.
Government Initiatives & Municipal Projects
Government initiatives such as water infrastructure development, wastewater treatment project, and others will be predicted to positively affect the demand for a knife gate valve in the future. For instance, a major part of the population in Brazil is living without access to safe water and the Brazilian government is spending millions to offer solutions for water and sanitation needs to people in need. Further, government initiatives to enhance water management in the country are projected to bolster the growth of the knife gate valves market in the future. Additionally, the wastewater treatment industry is also a key end-user of knife gate valves. Since the governments are investing tens of millions to enhance wastewater management and treatment system to meet the cumulative demand for uninterrupted water supply is likely to foster the consumption of knife gate valves in wastewater and water treatment industry.
Infrastructure Projects
Some other potential drivers for the global knife gate valve market are, ongoing infrastructure development in merging countries and smart city development initiatives across the world are estimated to grow the knife gat valve demand in upcoming years. The valve industry will automatically gain benefits from different sectors such as food, pulp & paper, and chemical industries.
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Knife Gate Valve Market
Table of Contents:
Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Knife Gate Valve Market
3. Global Knife Gate Valve Market Trends
4. Opportunities in Global Knife Gate Valve Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Products Average Price Analysis, By Country
9. Global Knife Gate Valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
10. Global Knife Gate Valve Market Segmentation Analysis, By Product Type
10.1. Introduction
10.2. Market Attractiveness, By Product Type
10.3. BPS Analysis, By Product Type
10.4. Pneumatic knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
10.5. Electric knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
10.6. handwheel knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
10.7. Others knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11. Global Knife Gate Valve Market Segmentation Analysis, By Application
11.1. Introduction
11.2. Market Attractiveness, By Application
11.3. BPS Analysis, By Application
11.4. Pulp & Paper Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.5. Mining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.6. Food and Beverage Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.7. Power Plants Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.8. Chemical Industries Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.9. Waste Water Treatment Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.10. Steel Industry Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.11. Oil, Gas & Refining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
11.12. Others Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12. Geographical Analysis
12.1. Introduction
12.2. North America Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.1. By Product Type
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Product Type
12.2.1.3. BPS Analysis, By Product Type
12.2.1.4. Pneumatic knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.1.5. Electric knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.1.6. handwheel knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.1.7. Others knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2. By Application
12.2.2.1. Introduction
12.2.2.2. Market Attractiveness, By Application
12.2.2.3. BPS Analysis, By Application
12.2.2.4. Pulp & Paper Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.5. Mining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.6. Food and Beverage Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.7. Power Plants Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.8. Chemical Industries Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.9. Waste Water Treatment Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.10. Steel Industry Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.11. Oil, Gas & Refining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.2.12. Others Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.3. By Country
12.2.3.1. Market Attractiveness, By Country
12.2.3.2. BPS Analysis, By Country
12.2.3.3. U.S. Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.2.3.4. Canada Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3. Europe Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.1. By Product Type
12.3.1.1. Introduction
12.3.1.2. Market Attractiveness, By Product Type
12.3.1.3. BPS Analysis, By Product Type
12.3.1.4. Pneumatic knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.1.5. Electric knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.1.6. handwheel knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.1.7. Others knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2. By Application
12.3.2.1. Introduction
12.3.2.2. Market Attractiveness, By Application
12.3.2.3. BPS Analysis, By Application
12.3.2.4. Pulp & Paper Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.5. Mining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.6. Food and Beverage Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.7. Power Plants Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.8. Chemical Industries Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.9. Waste Water Treatment Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.10. Steel Industry Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.11. Oil, Gas & Refining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.2.12. Others Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.3. By Country
12.3.3.1. Market Attractiveness, By Country
12.3.3.2. BPS Analysis, By Country
12.3.3.3. Germany Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.3.4. United Kingdom Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.3.5. France Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.3.6. Italy Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.3.7. Spain Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.3.8. Russia Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.3.3.9. Rest of Europe Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4. Asia Pacific Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.1. By Product Type
12.4.1.1. Introduction
12.4.1.2. Market Attractiveness, By Product Type
12.4.1.3. BPS Analysis, By Product Type
12.4.1.4. Pneumatic knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.1.5. Electric knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.1.6. handwheel knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.1.7. Others knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2. By Application
12.4.2.1. Introduction
12.4.2.2. Market Attractiveness, By Application
12.4.2.3. BPS Analysis, By Application
12.4.2.4. Pulp & Paper Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.5. Mining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.6. Food and Beverage Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.7. Power Plants Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.8. Chemical Industries Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.9. Waste Water Treatment Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.10. Steel Industry Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.11. Oil, Gas & Refining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.2.12. Others Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3. By Country
12.4.3.1. Market Attractiveness, By Country
12.4.3.2. BPS Analysis, By Country
12.4.3.3. China Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.4. India Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.5. Japan Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.6. South Korea Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.7. Indonesia Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.8. Taiwan Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.9. Australia Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.10. New Zealand Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.4.3.11. Rest of Asia Pacific Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5. Latin America Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.1. By Product Type
12.5.1.1. Introduction
12.5.1.2. Market Attractiveness, By Product Type
12.5.1.3. BPS Analysis, By Product Type
12.5.1.4. Pneumatic knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.1.5. Electric knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.1.6. handwheel knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.1.7. Others knife gate valve Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2. By Application
12.5.2.1. Introduction
12.5.2.2. Market Attractiveness, By Application
12.5.2.3. BPS Analysis, By Application
12.5.2.4. Pulp & Paper Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.5. Mining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.6. Food and Beverage Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.7. Power Plants Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.8. Chemical Industries Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.9. Waste Water Treatment Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.10. Steel Industry Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.11. Oil, Gas & Refining Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.2.12. Others Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.3. By Country
12.5.3.1. Market Attractiveness, By Country
12.5.3.2. BPS Analysis, By Country
12.5.3.3. Brazil Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.3.4. Mexico Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
12.5.3.5. Rest of Latin America Market Value (USD Million) & Volume (Thousand Units) Forecast, 2017-2023
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