Press release
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the Lined Valve Market
Lined Valve Market
The lined valve market is on a steady upward trajectory and is anticipated to reach a valuation of $4.17 billion by 2030. This growth reflects a compound annual growth rate (CAGR) of 4.2%. Several factors are driving this expansion, including the rise of specialty chemicals, the widening scope of pharmaceutical manufacturing, a growing demand for high-purity processing, increased investments in industrial safety, and continuous innovation in lining materials. Key trends shaping the market include the increasing need for corrosion-resistant valves, expansion in chemical processing capacities, broader adoption in pharmaceutical sectors, a heightened focus on leak-proof flow control, and customized valve linings tailored to specific industry requirements.
Leading Players Making an Impact in the Lined Valve Industry
The lined valve market features several prominent companies shaping its development and innovation. These industry leaders include 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, and Sigma Polymers Engineering Company.
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Strategic Acquisition Expanding Market Reach in India
A significant development occurred in May 2023 when Hawle Austria Group, a manufacturer specializing in water supply products, acquired the valve manufacturing division of Mcwane India Pvt. Ltd. This move strengthens Hawle's position in the Indian market by expanding its product distribution network and enhancing customer service capabilities. Moreover, the acquisition integrates McWane India's experienced workforce, supporting Hawle's ambition to grow its market presence in the region. Mcwane India Pvt. Ltd is well-known locally as a lined valve manufacturer.
Innovations Driving the Lined Valve Market Forward
Innovation is at the heart of current trends in the lined valve market. Leading companies are advancing technologies, particularly in the development of PFA-lined valves that cater to the increasing demand for corrosion-resistant flow control solutions. PFA (perfluoroalkoxy) linings offer exceptional resistance to chemicals, can endure high temperatures, and provide contamination-free fluid handling, outperforming traditional metal or rubber-lined valves. For example, in July 2023, Japan-based KITZ Corporation introduced a new series of PFA-lined weir-type diaphragm valves. These valves are designed for precise and safe fluid control in aggressive chemical environments. Features include durable PFA linings, a weir-type diaphragm structure for easier maintenance, and smooth surfaces that reduce contamination risks. They are ideal for industries such as pharmaceuticals, fine chemicals, paints, and surfactants, delivering long-lasting performance and reliable flow management in reactive conditions.
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Segment Breakdown and Comparative Overview of the Lined Valve Market
The lined valve market can be analyzed through several key segments:
1) By Type: Ball Valve, Butterfly Valve, Plug Valve, Globe Valve, Gate Valve, and Other Types
2) By Material: Polytetrafluoroethylene (PTFE), Perfluoroalkoxy (PFA), Modified Polytetrafluoroethylene (TFM), Polychlorotrifluoroethylene (PCTFE), and Other Materials
3) By Industry: Chemical, Petrochemical, Pharmaceuticals, Food and Beverages, Pulp and Paper, and Other Industries
Further subcategories include:
- Ball Valve: Full Port Ball Valve, Standard Port Ball Valve, V-Port Ball Valve
- Butterfly Valve: Wafer Butterfly Valve, Lug Butterfly Valve, Double Offset Butterfly Valve
- Plug Valve: Lubricated Plug Valve, Non-Lubricated Plug Valve, Eccentric Plug Valve
- Globe Valve: Tee Pattern Globe Valve, Angle Pattern Globe Valve, Wye Pattern Globe Valve
- Gate Valve: Wedge Gate Valve, Parallel Slide Gate Valve, Knife Gate Valve
- Other Types: Diaphragm Valve, Check Valve, Pinch Valve
These segments provide a detailed perspective on the market's structure and help identify areas with the most significant growth potential.
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