Press release
Global and U.S. Pressure Balanced Twin Plug Valves Market Report, Published by QY Research.
https://www.qyresearch.com/reports/5320849/pressure-balanced-twin-plug-valves
Core Market Data
Global market size: USD 1.3 billion
CAGR (2024-2030): 4.9%
Average price: USD 2400 per unit
Annual production: 620 kilounits
Gross margin: 32%
Production capacity: 750 kilounits
List of Main Players
Cameron International (U.S.)
Flowserve (U.S.)
Omni Valve (U.S.)
Western Valve (U.S.)
Franklin Valve (U.S.)
ERIKS VE Valves (Netherlands)
Control Seal (Netherlands)
Galli & Cassina (Italy)
Larsen & Toubro (India)
HAWA Valves (India)
Brdr. Christensen (Denmark)
Walworth de México (Mexico)
FluoroSeal (Canada)
VATAC Valve (China)
Newsway Valve (China)
Dervos Valves (China)
AFC Valve (China)
KOSEN Valve (China)
1. By Design Type
Manual Valves
Pneumatic Valves
Hydraulic Valves
Electric Valves
2. By Pressure Rating
Low-Pressure (Class 150-300)
Medium-Pressure (Class 600-900)
High-Pressure (Class 1500-2500)
3. By End Connection
Straight-Through Flow
Right-Angle Flow
4. By End-Use Industry
Industrial
Metallurgy
Oil & Gas
Petrochemical
Power Generation
Pulp & Paper
Water Treatment
Others
Case Study for Bidding
Time: May 2024
Supplier: IMI Critical Engineering (U.K.)
Buyer: Shell (Netherlands)
Product: Class 1500 pressure-balanced twin plug valves for refinery isolation applications
Quantity: 4,800 units
Contract Value: USD 14 million
Delivery Timeline: June 2025
Case Study for End Using
End User: Chevron (U.S.)
Application: Installed in offshore oil processing platforms for safe isolation and bleed operations during maintenance.
Installation Location
Mounted on crude oil transfer and injection manifolds.
Integrated into subsea and topside modules with automated actuators.
Connected via high-pressure flanged joints for pipeline service.
Purpose
Provides double block and bleed functionality in compact configuration.
Reduces downtime during maintenance by enabling in-line serviceability.
Prevents fluid contamination and ensures zero-leak isolation.
Effect
Reduced valve station footprint by 30%.
Lowered torque operation requirements by 25%.
Enhanced safety compliance and maintenance efficiency.
Alternative Devices
Ball and gate valves can provide isolation but require more space and lack internal pressure equalization.
Therefore, Pressure Balanced Twin Plug Valves remain essential for compact, leak-free, and reliable operation in high-pressure process applications.
About QY Research
QY Research has established close partnerships with over 71,000 global leading players. With more than 20,000 industry experts worldwide, we maintain a strong global network to efficiently gather insights and raw data.
Our 36-step verification system ensures the reliability and quality of our data. With over 2 million reports, we have become the world's largest market report vendor. Our global database spans more than 2,000 sources and covers data from most countries, including import and export details.
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More than 30 IPOs and over 5,000 global media outlets and major corporations have used our data, solidifying QY Research as a global leader in data supply. We are committed to delivering services that exceed both client and societal expectations.
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