Press release
Lined Valve Market: Major Trends Reshaping the Future of the Industry
Lined Valve Market
What Will the Lined Valve Industry Market Size Be by 2025?
In the past few years, the size of the lined valve market has seen a consistent expansion. It is forecasted to increase from $3.26 billion in 2024 to $3.38 billion in 2025, representing a compound annual growth rate (CAGR) of 3.8%. This growth trend during the historical period can be ascribed to several factors such as an enhanced demand from chemical processing industries, stricter environmental policies favouring safer valve technologies, an escalation in water treatment infrastructure developments, a surge in the adoption of lined valves in mining procedures, and an intensified emphasis on corrosion-resistant materials.
What's the Long-Term Growth Forecast for the Lined Valve Market Size Through 2029?
The market size for lined valves is projected to maintain a consistent growth rate in the coming years, increasing to a worth of $4.02 billion in 2029 with a CAGR of 4.4%. The anticipated growth during the forecast period can be credited to a surge in investment towards water treatment infrastructure, increased demand for lined valves in the oil and gas sector, expansion of the pharmaceutical and biotechnology sectors, a heightened emphasis on energy efficiency in manufacturing processes, and increased demand for specialty chemical production. Furthermore, a rising interest in exploration activities in the mining and minerals domains also contributes. Significant trends projected within the forecast period include the adoption of intelligent valve technologies, creation of environmentally friendly lined valve solutions, incorporation of the Internet of Things (IoT) for distant valve monitoring and maintenance, advancements in valve sealing technologies, and a growing emphasis on automation technology.
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What Are the Key Growth Drivers Fueling the Lined Valve Market Expansion?
The lined valve market's growth is anticipated to be driven by the expansion of the oil and gas sector. This industry is involved in a wide range of activities including the exploration, extraction, refining, transportation, and marketing of petroleum products. The demand for energy on a global scale continues to escalate, powered by economic development and population growth, leading to the growth of the oil and gas sector. Lined valves play a critical role in this expansion by providing effective and trustworthy flow regulation, decreasing maintenance expenditure and boosting operational security. For instance, it was reported by the US Energy Information Administration, a US governmental agency, that in 2023, China imported 11.3 million barrels of crude oil every day, showing a 10% rise compared to 2022. Consequently, the growth of the lined valve market is fueled by the oil and gas sector's expansion.
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Which Emerging Trends Are Transforming the Lined Valve Market in 2025?
Major businesses in the lined valve market are innovating and introducing new products equipped with cutting-edge technologies such as smart valve positioner technology. This technology boosts control accuracy and efficiency in industrial operations by auto-adjusting valve positions based on sensor feedback and complex control algorithms, thus enhancing process control efficacy and reliability. For instance, in April 2022, US-based Emerson, a technology and software firm, received a green light from the U.S. Federal Communications Commission for its TopWorx PD Series Smart Valve Positioner. This technology uses 4-20 mA loop signals and HART protocols to precisely control valves. Additionally, it includes Hall effect position detection and two adjustable alarms, tailoring to both rotary and linear actuators in industries like oil and gas, chemical processing, and power generation. The device ensures easy assembly and dependable functionality in difficult circumstances.
How Is the Lined Valve Market Segmented?
The lined valvemarket 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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Which Companies Are Leading the Charge in Lined Valve Market Innovation?
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
Which Regions Are Leading the Global Lined Valve Market in Revenue?
Asia-Pacific was the largest region in the lined valve market in 2024. 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.
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