Lined Valve Market

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Lined Valve Market by Type (Ball Valve, Butterfly Valve, Globe Valve, Plug Valve, Gate Valve), Material (Polytetrafluoroethylene (PTFE), Perfluoroalkoxy (PFA), Polychlorotrifluoroethylene(PCTFE) ), Industry and Region - Global Forecast to 2028

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Report Code: SE 5934 Dec, 2022, by marketsandmarkets.com

[202 Pages Report] The global lined valve market size is estimated to be USD 3.4 billion in 2023 and is projected to reach USD 4.1 billion by 2028 at a CAGR of 4.2%. The increasing potential of the chemical industry and the rising necessity for a sterile environment and purity in the pharmaceutical industry processes are the major factors driving the growth of the lined valve market.

Lined Valve Market

Lined Valve Market Forecast to 2028

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Latest technological Trends in the Lined Valve Market

Rising adoption of AI

Artificial intelligence (AI) is one of the most emerging technologies providing end users various benefits. The world is adopting machine learning (ML) technology, which is becoming a fundamental part of various fields for solving multiple problem statements and making better decisions and predictions. Predictive analytics is an area of focus for the valves industry to reduce downtime, predict process failures due to valve malfunctioning, avoid breakdown of processes, and take preventive measures for enhancing plant efficiency. AI is used to create generative design-based software to help design multi-objective optimized valves. The software uses AI to instantly generate a valve design for a desired flow performance requirement. Such features would enable the manufacturers to design and provide products according to customer's requirements within a stipulated time.

Lined Valve Market Dynamics

DRIVERS: Growing demand for a sterile environment and purity in the process in the pharmaceutical industry

The pharmaceutical industry has been growing quickly in the past few years. Hence, the pharmaceutical industry's primary requirement is the highest quality, chemical resistance and cavity-free processes. With this industry's growth, the demand for production processes and plant components such as valves is also increasing. Further, the purity in the processes, a sterile environment, and no contamination are the major requirements currently. Moreover, in the pharmaceutical industry, high-quality materials such as PTFE and TFM are mainly used to ensure chemical resistance or contamination in the valves. Hence, growing pharmaceuticals will drive the growth of the lined valve industry.

RESTRAINT: Lack of standardized policies

Valve manufacturers must adhere to the different certifications and policies of different regions regarding valves. This factor creates diversity in product specifications due to the widespread applicability of valves in various end-user industries. However, this diversity is hindering the growth of the lined valve market, as industry players have to amend the same product according to regional policies, making it difficult for valve manufacturers to achieve an ideal installation cost. To resolve this issue, they must set up manufacturing facilities across regions, resulting in additional capital investments.

OPPORTUNITIES: Growth in automatic valve demand

The lined valve manufacturers continuously focus on automation technology to produce valves based on this technology. At present, valves with embedded processors and networking capabilities are receiving huge traction in the market. These valves help the industrial plants control the flow from a central control station. In addition, the smart or automatic valves help prevent blockage and damage to the pipeline network. Further, lined ball valves are considered reliable and durable and perform well after many cycles. Hence, they are a great choice for shutoff and control applications.

CHALLENGES: Unplanned downtime due to malfunctioning or failure of valves

Malfunctioning or failure of valves results in unplanned downtime or shutdown of a plant. In this scenario, replacing or repairing the valves are the only options. Unplanned downtimes can result in considerable losses in terms of loss of production, emergency repair costs paid to technicians, wastage of raw materials, customer dissatisfaction due to delayed delivery or poor product quality, etc. However, industry players are trying to overcome this issue by adopting monitoring, predictive maintenance, connected infrastructure, or condition monitoring solutions. Smart valve monitoring is another development through which manufacturers can overcome the issue of downtime and help customers improve process efficiency.

Ball valves held the largest share of the lined valve market in 2022

The lined ball valves are considered a cost-effective solution for chemical and severe corrosive applications because these applications require long-term sealing and reliability. In addition, the lined ball valves are reliable and durable and perform very well even after many cycles. Owing to this, these valves are considered a great choice for shutoff and control applications.

Polytetrafluoroethylene (PTFE) held the larger share of the lined valve market in 2022

PTFE has exceptional chemical stability and electrical insulation for strong alkalis, acids, and oxidants. Lined valves with polytetrafluoroethylene ensure longevity and are cost-effective. Hence are widely used in high-grade alloys in corrosive applications in various industries such as pharmaceutical, chemical, petrochemical, pulp and paper, fertilizer, and metallurgical.

The chemical industry held the largest share of the lined valve market in 2022

PFA-lined butterfly valves, lined ball valves, and diaphragm valves are mainly used in the chemical industry for brine preparation and caustic soda production to protect from corrosion. Manufacturers in this industry focus on enhancing business processes by implementing lined valves. Because in chemical plants, hazardous reactions may occur if chemicals come in contact with reactive materials. Therefore, lined valves are used in plants to reduce emissions, increase plant safety, and protect the environment.

Asia Pacific held the largest share of the lined valve market in 2022

The lined valve market in Asia Pacific for the semiconductor industry is growing significantly; a similar trend will likely be observed in the coming years. Further, dense population, high per capita income, large-scale industrialization, and rapid urbanization are the major factors fueling the growth of the lined valve market in the region. China is considered the second largest pharmaceutical market worldwide, which is the key factor for the growth opportunities of lined valves in this country. South Korea is a leading manufacturer of semiconductors, wherein large amounts of ultrapure water are used during the manufacturing process. The demand for lined valves for ultrapure, hygienic, and cryogenic applications promotes the growth of the lined valve market.

Lined Valve Market Size, and Share

Lined Valve Market by Region

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Key Market Players

The lined valve companies is dominated by a few globally established players such as Emerson (US), Flowserve Corporation (US), Crane Co. (Sweden), Neles (Finland), and KITZ Corporation (Japan).

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Scope of the Report

Report Metric	Details
Estimated Value	USD 3.4 billion
Expected Value	USD 4.1 billion
Growth Rate	CAGR of 4.2%
Market Size Available for Years	2019–2028
Base Year	2022
Forecast Period	2023–2028
Units	Value (USD Million/Billion)
Segments Covered	Type, Material, and Industry
Geographic Regions Covered	North America, Europe, Asia Pacific, and RoW
Companies Covered	Major Players: Emerson (US), Flowserve Corporation (US), Crane Co. (Sweden), Neles (Finland), KITZ Corporation (Japan), Entegris (US), Samson (Germany), Bray International (US), ChemValve-Schmid AG (Switzerland), and EBRO ARMATUREN Gebr. Bröer GmbH (Germany), among others – A total of 25 players have been covered.

Lined Valve Market Highlights

This research report segments the lined valve market based on offering, technique, workflow, and region.

Aspect	Details
By Type:	Ball Valve Butterfly Valve Plug Valve Globe Valve Gate Valve Others
By Material:	Polytetrafluoroethylene (PTFE) Perfluoroalkoxy (PFA) Modified Polytetrafluoroethylene (TFM) Polychlorotrifluoroethylene (PCTFE) Others (fluorinated ethylene-propylene (FEP), ethylene propylene diene monomer (EPDM), and polyvinylidene fluoride (PVDF))
By Industry:	Chemical Petrochemical Pharmaceuticals Food & Beverages Pulp & Paper Others
By Region:	North America Europe Asia Pacific (APAC) Rest of the World (RoW

Recent Developments

In November 2022, Neles, a global provider of flow control solutions, completed the acquisition of the valve and pump businesses of the Finland-based technology company, Flowrox. Through this acquisition, Neles aims to expand its product portfolio and exposure to the metals and mining industry.
In May 2022, Flowserve Corporation, a leading global provider of comprehensive flow control solutions, announced that they received a contract from OMV Aktiengesellschaft (OMV) for providing control and ball valves to OMV’s chemical recycling demonstration plant in Schwechat, Austria. The company, through this deal, aims to expand its diversification, decarbonization, and digitization strategy.
In December 2020, ChemValve-Schmid AG, a leading manufacturer of valves, introduced their new product line of ChemBall CSB Lined Ball Valves, which feature an additional set of chevrons for minimizing leakage and optimizing operational safety. The new valves also feature the TrueFloat technology, in which a one-piece PFA jacket encloses the movable metallic connection between the shaft and the ball core.
In December 2020, GEMÜ Group, a leading manufacturer of valves, introduced the GEMÜ R563 eSyStep lined globe valve, which is suitable for control applications with low flow rates. They feature a motorized actuator and offer Kv values from 63 I/h to 3,300 I/h.

Frequently Asked Questions (FAQs):

What is the total CAGR expected to be recorded for the lined valve market from 2023 to 2028?

The global lined valve market is expected to record a CAGR of 4.2% from 2023–2028.

What are the driving factors for the lined valve market?

The rising demand for a sterile environment, purity in the process in the pharmaceutical industry, and the growing potential of the chemical industry are key driving factors.

Which are the significant players operating in the lined valve market?

Emerson (US), Flowserve Corporation (US), Crane Co. (Sweden), Neles (Finland), and KITZ Corporation (Japan) are some of the major companies operating in the lined valve market.

Which region will lead the lined valve market in the future?

Asia Pacific is expected to lead the lined valve market during the forecast period.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 27)

1.1 STUDY OBJECTIVES

1.2 MARKET DEFINITION

1.2.1 INCLUSIONS AND EXCLUSIONS

1.3 STUDY SCOPE

1.3.1 MARKETS COVERED

FIGURE 1 LINED VALVE MARKET: SEGMENTATION

1.3.2 REGIONAL SCOPE

1.3.3 YEARS CONSIDERED

1.4 CURRENCY CONSIDERED

1.5 LIMITATIONS

1.6 STAKEHOLDERS

2 RESEARCH METHODOLOGY (Page No. - 31)

2.1 RESEARCH DATA

FIGURE 2 LINED VALVE MARKET: RESEARCH DESIGN

2.1.1 SECONDARY AND PRIMARY RESEARCH

2.1.2 SECONDARY DATA

2.1.2.1 Major secondary sources

2.1.2.2 Key data from secondary sources

2.1.3 PRIMARY DATA

2.1.3.1 Primary interviews with experts

2.1.3.2 Key data from primary sources

2.1.3.3 Key industry insights

2.1.3.4 Breakdown of primaries

2.2 MARKET SIZE ESTIMATION

FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED THROUGH SALES OF PRODUCTS/ SOLUTIONS/SERVICES RELATED TO LINED VALVE MARKET

2.2.1 BOTTOM-UP APPROACH

2.2.1.1 Approach to derive market size using bottom-up analysis

FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH

2.2.2 TOP-DOWN APPROACH

2.2.2.1 Approach to derive market size using top-down analysis

FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH

2.3 MARKET BREAKDOWN AND DATA TRIANGULATION

FIGURE 6 DATA TRIANGULATION

2.4 RESEARCH ASSUMPTIONS

2.5 APPROACH TO UNDERSTAND IMPACT OF RECESSION ON LINED VALVE MARKET

2.6 LIMITATIONS AND RISK ASSESSMENT

TABLE 1 LIMITATIONS AND RISKS

3 EXECUTIVE SUMMARY (Page No. - 42)

FIGURE 7 BALL VALVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD

FIGURE 8 PTFE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD

FIGURE 9 CHEMICAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD

FIGURE 10 ASIA PACIFIC HELD LARGEST SHARE OF LINED VALVE MARKET IN 2022

3.1 LINED VALVE MARKET: IMPACT OF RECESSION

FIGURE 11 GDP GROWTH PROJECTIONS FOR MAJOR ECONOMIES TILL 2023

FIGURE 12 IMPACT OF UPCOMING RECESSION ON LINED VALVE MARKET

4 PREMIUM INSIGHTS (Page No. - 47)

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS OPERATING IN LINED VALVE MARKET

FIGURE 13 LARGE-SCALE INDUSTRIALIZATION IN ASIA PACIFIC AND EXPANDING GLOBAL CHEMICAL INDUSTRY

4.2 LINED VALVE MARKET, BY TYPE

FIGURE 14 BALL VALVE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

4.3 LINED VALVE MARKET, BY MATERIAL

FIGURE 15 PTFE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

4.4 LINED VALVE MARKET, BY INDUSTRY

FIGURE 16 PHARMACEUTICAL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

4.5 LINED VALVE MARKET, BY COUNTRY

FIGURE 17 US HELD LARGEST SHARE OF LINED VALVE MARKET IN 2022

5 MARKET OVERVIEW (Page No. - 50)

5.1 INTRODUCTION

5.2 MARKET DYNAMICS

FIGURE 18 LINED VALVE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES

5.2.1 DRIVERS

5.2.1.1 Increasing demand for sterile environment in pharmaceutical industry

FIGURE 19 PHARMACEUTICAL INDUSTRY REVENUE IN US (2011–2020)

5.2.1.2 Growing chemical industry

5.2.1.3 Stringent government regulations regarding process safety in plants

FIGURE 20 LINED VALVE MARKET: IMPACT ANALYSIS OF DRIVERS

5.2.2 RESTRAINTS

5.2.2.1 Lack of standardized policies

FIGURE 21 LINED VALVE MARKET: IMPACT ANALYSIS OF RESTRAINTS

5.2.3 OPPORTUNITIES

5.2.3.1 Rising demand for automatic valves

5.2.3.2 Growing trend of Internet of Things (IoT)-integrated valves

5.2.3.3 Increasing use of simulation software

FIGURE 22 LINED VALVE MARKET: IMPACT ANALYSIS OF OPPORTUNITIES

5.2.4 CHALLENGES

5.2.4.1 Unplanned downtime due to malfunctioning or failure of valves

FIGURE 23 LINED VALVE MARKET: IMPACT ANALYSIS OF CHALLENGES

5.3 VALUE CHAIN ANALYSIS

FIGURE 24 LINED VALVE MARKET: VALUE CHAIN ANALYSIS

5.4 ECOSYSTEM ANALYSIS

FIGURE 25 LINED VALVE MARKET: ECOSYSTEM ANALYSIS

TABLE 2 LINED VALVE MARKET: ECOSYSTEM

5.5 PRICING ANALYSIS

TABLE 3 AVERAGE SELLING PRICE OF LINED VALVES OFFERED BY TOP COMPANIES, 2022

FIGURE 26 AVERAGE SELLING PRICE OF LINED VALVES OFFERED BY THREE KEY PLAYERS, BY TYPE (USD)

TABLE 4 AVERAGE SELLING PRICE OF LINED VALVES OFFERED BY THREE KEY PLAYERS, BY TYPE

5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES

FIGURE 27 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN LINED VALVE MARKET

5.7 TECHNOLOGY ANALYSIS

5.7.1 INTERNET OF THINGS (IOT)

5.7.2 CLOUD-BASED SOLUTIONS

5.7.3 ARTIFICIAL INTELLIGENCE

5.8 PORTER’S FIVE FORCES ANALYSIS

TABLE 5 LINED VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS

5.9 KEY STAKEHOLDERS AND BUYING CRITERIA

5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS

FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES

TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%)

5.9.2 BUYING CRITERIA

FIGURE 29 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES

TABLE 7 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES

5.10 CASE STUDY ANALYSIS

TABLE 8 PTFE-LINED BUTTERFLY VALVES FOR MINING INDUSTRY

TABLE 9 EBRO Z011-A BUTTERFLY VALVE FOR POTASH COMPANY TO REDUCE EXTREME WEAR PROBLEM

TABLE 10 GAR-SEAL PTFE BUTTERFLY VALVE AND GYLON BIO-ASEPT SEALS FOR CONFECTIONERY GROUP

5.11 TRADE ANALYSIS

FIGURE 30 IMPORT OF TAPS, COCKS, VALVES, AND SIMILAR APPLIANCES, BY COUNTRY, 2017–2021 (USD MILLION)

FIGURE 31 EXPORT OF TAPS, COCKS, VALVES, AND SIMILAR APPLIANCES, BY COUNTRY, 2017–2021 (USD MILLION)

5.12 PATENT ANALYSIS

FIGURE 32 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS

TABLE 11 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS

FIGURE 33 NUMBER OF PATENTS GRANTED PER YEAR, 2012–2021

TABLE 12 LINED VALVE MARKET: LIST OF PATENTS, 2019–2022

5.13 KEY CONFERENCES AND EVENTS, 2022–2023

TABLE 13 LINED VALVE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS

5.14 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 14 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 15 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 16 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 17 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS

TABLE 18 LINED VALVE MARKET: STANDARDS

6 LINED VALVE MARKET, BY TYPE (Page No. - 73)

6.1 INTRODUCTION

FIGURE 34 LINED VALVE MARKET, BY TYPE

FIGURE 35 BALL VALVE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

TABLE 19 LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 20 LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

6.2 BALL VALVE

6.2.1 BALL VALVE TO BE COST-EFFECTIVE SOLUTION FOR PROCESS APPLICATIONS

TABLE 21 BALL VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 22 BALL VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 23 BALL VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 24 BALL VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

6.3 BUTTERFLY VALVE

6.3.1 BUTTERFLY VALVE EXHIBITS HIGH SHUT-OFF PROTECTION AND LONG SERVICE LIFE

TABLE 25 BUTTERFLY VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 26 BUTTERFLY VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 27 BUTTERFLY VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 28 BUTTERFLY VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

6.4 GATE VALVE

6.4.1 GATE VALVES WIDELY USED FOR ON/OFF APPLICATIONS

TABLE 29 GATE VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 30 GATE VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 31 GATE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 32 GATE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

6.5 GLOBE VALVE

6.5.1 LINED GLOBE VALVES WORK WITH HIGHLY CORROSIVE AND TOXIC CHEMICALS

TABLE 33 GLOBE VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 34 GLOBE VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 35 GLOBE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 36 GLOBE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

6.6 PLUG VALVE

6.6.1 PLUG VALVES TO WITNESS SUBSTANTIAL DEMAND IN FLOW CONTROL AND ISOLATION APPLICATIONS

TABLE 37 PLUG VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 38 PLUG VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 39 PLUG VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 40 PLUG VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

6.7 OTHER TYPES

TABLE 41 OTHER TYPES: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 42 OTHER TYPES: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 43 OTHER TYPES: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 44 OTHER TYPES: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

7 LINED VALVE MARKET, BY MATERIAL (Page No. - 86)

7.1 INTRODUCTION

FIGURE 36 LINED VALVE MARKET, BY MATERIAL

TABLE 45 LINED VALVE MARKET, BY MATERIAL, 2019–2022 (USD MILLION)

TABLE 46 LINED VALVE MARKET, BY MATERIAL, 2023–2028 (USD MILLION)

FIGURE 37 POLYTETRAFLUOROETHYLENE (PTFE) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD

7.2 POLYTETRAFLUOROETHYLENE (PTFE)

7.2.1 INCREASING DEMAND FOR COST-EFFECTIVE LINED VALVES IN VARIOUS INDUSTRIES

7.3 PERFLUOROALKOXY (PFA)

7.3.1 GROWING ADOPTION OF PERFLUOROALOXY MATERIAL IN VARIOUS APPLICATIONS

7.4 MODIFIED POLYTETRAFLUOROETHYLENE (TFM)

7.4.1 RISING DEMAND FOR MODIFIED POLYTETRAFLUOROETHYLENE (TFM) ATTRIBUTED TO LOWER MOLECULAR WEIGHT THAN POLYTETRAFLUOROETHYLENE (PTFE)

7.5 POLYCHLOROTRIFLUOROETHYLENE (PCTFE)

7.5.1 HIGH USE OF POLYCHLOROTRIFLUOROETHYLENE IN VALVE SEAT MANUFACTURING

7.6 OTHERS

8 LINED VALVE MARKET, BY INDUSTRY (Page No. - 91)

8.1 INTRODUCTION

FIGURE 38 LINED VALVE MARKET, BY INDUSTRY

FIGURE 39 LINED VALVE MARKET, BY INDUSTRY

TABLE 47 LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 48 LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

8.2 CHEMICAL

8.2.1 GROWING REQUIREMENT FOR SAFE AND RELIABLE PROCESSES

TABLE 49 CHEMICAL: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 50 CHEMICAL: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 51 CHEMICAL: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 52 CHEMICAL: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

8.3 PETROCHEMICAL

8.3.1 RISING DEMAND ATTRIBUTED TO FLUID CORROSIVITY AND FLUID EROSION PROPERTIES

TABLE 53 PETROCHEMICAL: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 54 PETROCHEMICAL: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 55 PETROCHEMICAL: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 56 PETROCHEMICAL: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

8.4 PHARMACEUTICAL

8.4.1 INCREASING DEMAND FOR HIGH-PURITY COMPOUNDS

TABLE 57 PHARMACEUTICAL: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 58 PHARMACEUTICAL: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 59 PHARMACEUTICAL: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 60 PHARMACEUTICAL: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

8.5 FOOD & BEVERAGE

8.5.1 RISING IMPLEMENTATION OF LINED VALVES TO IMPROVE PROCESS EFFICIENCY

TABLE 61 FOOD & BEVERAGE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 62 FOOD & BEVERAGE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 63 FOOD & BEVERAGE: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 64 FOOD & BEVERAGE: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

8.6 PULP & PAPER

8.6.1 INCREASING REQUIREMENT FOR HIGH-QUALITY PRODUCTS WITHOUT CONTAMINATION

TABLE 65 PULP & PAPER: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 66 PULP & PAPER: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 67 PULP & PAPER: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 68 PULP & PAPER: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

8.7 OTHERS

TABLE 69 OTHERS: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 70 OTHERS: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 71 OTHERS: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 72 OTHERS: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

9 LINED VALVE MARKET, BY REGION (Page No. - 104)

9.1 INTRODUCTION

FIGURE 40 INDIA TO REGISTER HIGHEST CAGR IN LINED VALVE MARKET DURING FORECAST PERIOD

FIGURE 41 ASIA PACIFIC TO LEAD LINED VALVE MARKET DURING FORECAST PERIOD

TABLE 73 LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 74 LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

9.2 NORTH AMERICA

FIGURE 42 NORTH AMERICA: SNAPSHOT OF LINED VALVE MARKET

FIGURE 43 US TO REGISTER HIGHEST CAGR IN NORTH AMERICAN LINED VALVE MARKET DURING FORECAST PERIOD

TABLE 75 NORTH AMERICA: LINED VALVE MARKET, BY COUNTRY, 2019–2022 (USD MILLION)

TABLE 76 NORTH AMERICA: LINED VALVE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)

TABLE 77 NORTH AMERICA: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 78 NORTH AMERICA: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

TABLE 79 NORTH AMERICA: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 80 NORTH AMERICA: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

9.2.1 US

9.2.1.1 Expanding pharmaceutical and chemical industries

9.2.2 CANADA

9.2.2.1 Rising demand for lined valves in chemical and mining industries to avoid contamination and corrosion

9.2.3 MEXICO

9.2.3.1 Developing industrial sector

9.3 EUROPE

FIGURE 44 EUROPE: SNAPSHOT OF LINED VALVE MARKET

FIGURE 45 GERMANY TO REGISTER HIGHEST CAGR IN EUROPEAN LINED VALVE MARKET DURING FORECAST PERIOD

TABLE 81 EUROPE: LINED VALVE MARKET, BY COUNTRY, 2019–2022 (USD MILLION)

TABLE 82 EUROPE: LINED VALVE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)

TABLE 83 EUROPE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 84 EUROPE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

TABLE 85 EUROPE: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 86 EUROPE: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

9.3.1 UK

9.3.1.1 Increasing investments in process industries

9.3.2 GERMANY

9.3.2.1 Growing paper consumption

9.3.3 FRANCE

9.3.3.1 Government-led initiatives to boost growth of chemical industry

9.3.4 ITALY

9.3.4.1 Growing agriculture, chemical, and petrochemical industries

9.3.5 REST OF EUROPE

9.4 ASIA PACIFIC

FIGURE 46 ASIA PACIFIC: SNAPSHOT OF LINED VALVE MARKET

FIGURE 47 CHINA TO LEAD ASIA PACIFIC LINED VALVE MARKET DURING FORECAST PERIOD

TABLE 87 ASIA PACIFIC: LINED VALVE MARKET, BY COUNTRY, 2019–2022 (USD MILLION)

TABLE 88 ASIA PACIFIC: LINED VALVE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)

TABLE 89 ASIA PACIFIC: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 90 ASIA PACIFIC: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

TABLE 91 ASIA PACIFIC: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 92 ASIA PACIFIC: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

9.4.1 CHINA

9.4.1.1 Expanding semiconductor and pharmaceutical industries

9.4.2 JAPAN

9.4.2.1 Presence of leading semiconductor equipment manufacturers

9.4.3 INDIA

9.4.3.1 Increasing adoption of lined valves in power industry

9.4.4 SOUTH KOREA

9.4.4.1 Expanding process industries

9.4.5 REST OF ASIA PACIFIC

9.5 ROW

FIGURE 48 MIDDLE EAST TO LEAD ROW LINED VALVE MARKET DURING FORECAST PERIOD

TABLE 93 ROW: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)

TABLE 94 ROW: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)

TABLE 95 ROW: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)

TABLE 96 ROW: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)

TABLE 97 ROW: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)

TABLE 98 ROW: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)

9.5.1 MIDDLE EAST & AFRICA

9.5.1.1 Increasing investments in chemical and petrochemical industries

9.5.2 SOUTH AMERICA

9.5.2.1 Booming petrochemical industry

10 COMPETITIVE LANDSCAPE (Page No. - 127)

10.1 INTRODUCTION

10.1.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN LINED VALVE MARKET

10.2 REVENUE ANALYSIS OF TOP 5 PLAYERS

FIGURE 49 TOP 5 PLAYERS IN LINED VALVE MARKET, 2017–2021

10.3 MARKET SHARE ANALYSIS

TABLE 99 LINED VALVE MARKET: MARKET SHARE OF KEY COMPANIES

FIGURE 50 LINED VALVE MARKET (GLOBAL): MARKET SHARE ANALYSIS, 2022

10.4 COMPANY EVALUATION QUADRANT, 2022

10.4.1 STARS

10.4.2 EMERGING LEADERS

10.4.3 PERVASIVE PLAYERS

10.4.4 PARTICIPANTS

FIGURE 51 LINED VALVE MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2022

10.5 SMALL- AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2022

10.5.1 PROGRESSIVE COMPANIES

10.5.2 RESPONSIVE COMPANIES

10.5.3 DYNAMIC COMPANIES

10.5.4 STARTING BLOCKS

FIGURE 52 LINED VALVE MARKET (GLOBAL): SME EVALUATION QUADRANT, 2022

10.6 LINED VALVE MARKET: COMPANY FOOTPRINT

TABLE 100 TYPE: COMPANY FOOTPRINT

TABLE 101 MATERIAL: COMPANY FOOTPRINT

TABLE 102 INDUSTRY: COMPANY FOOTPRINT

10.7 COMPETITIVE BENCHMARKING

TABLE 103 INDUSTRIAL VALVE MARKET: DETAILED LIST OF KEY STARTUPS/SMES

TABLE 104 INDUSTRIAL VALVE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES

10.8 COMPETITIVE SITUATIONS AND TRENDS

10.8.1 PRODUCT LAUNCHES

TABLE 105 LINED VALVE MARKET: PRODUCT LAUNCHES

10.8.2 DEALS

TABLE 106 LINED VALVE MARKET: DEALS

11 COMPANY PROFILES (Page No. - 144)

11.1 KEY PLAYERS

(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*

11.1.1 EMERSON

TABLE 107 EMERSON: BUSINESS OVERVIEW

FIGURE 53 EMERSON: COMPANY SNAPSHOT

TABLE 108 EMERSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.2 FLOWSERVE CORPORATION

TABLE 109 FLOWSERVE CORPORATION: BUSINESS OVERVIEW

FIGURE 54 FLOWSERVE CORPORATION: COMPANY SNAPSHOT

TABLE 110 FLOWSERVE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 111 FLOWSERVE CORPORATION: DEALS

11.1.3 NELES (VALMET)

TABLE 112 NELES: BUSINESS OVERVIEW

FIGURE 55 NELES: COMPANY SNAPSHOT

TABLE 113 NELES: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 114 NELES: DEALS

11.1.4 CRANE CO.

TABLE 115 CRANE CO.: BUSINESS OVERVIEW

FIGURE 56 CRANE CO.: COMPANY SNAPSHOT

TABLE 116 CRANE CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.5 KITZ CORPORATION

TABLE 117 KITZ CORPORATION: BUSINESS OVERVIEW

FIGURE 57 KITZ CORPORATION: COMPANY SNAPSHOT

TABLE 118 KITZ CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.6 ENTEGRIS

TABLE 119 ENTEGRIS: BUSINESS OVERVIEW

FIGURE 58 ENTEGRIS: COMPANY SNAPSHOT

TABLE 120 ENTEGRIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.7 SAMSON

TABLE 121 SAMSON: BUSINESS OVERVIEW

TABLE 122 SAMSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.8 BRAY INTERNATIONAL

TABLE 123 BRAY INTERNATIONAL: BUSINESS OVERVIEW

TABLE 124 BRAY INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.9 CHEMVALVE-SCHMID AG

TABLE 125 CHEMVALVE-SCHMID AG: BUSINESS OVERVIEW

TABLE 126 CHEMVALVE-SCHMID AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 127 CHEMVALVE-SCHMID AG: PRODUCT LAUNCHES AND DEVELOPMENTS

11.1.10 EBRO ARMATUREN GEBR. BRÖER GMBH

TABLE 128 EBRO ARMATUREN GEBR. BRÖER GMBH: BUSINESS OVERVIEW

TABLE 129 EBRO ARMATUREN GEBR. BRÖER GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.11 GEMÜ GROUP

TABLE 130 GEMÜ GROUP: BUSINESS OVERVIEW

TABLE 131 GEMÜ GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED

TABLE 132 GEMÜ GROUP: PRODUCT LAUNCHES AND DEVELOPMENTS

11.1.12 AVK GROUP

TABLE 133 AVK GROUP: BUSINESS OVERVIEW

TABLE 134 AVK GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.13 BCST GROUP CO., LTD.

TABLE 135 BCST GROUP CO., LTD.: BUSINESS OVERVIEW

TABLE 136 BCST GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.14 CHEM FLOWTRONICS

TABLE 137 CHEM FLOWTRONICS: BUSINESS OVERVIEW

TABLE 138 CHEM FLOWTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED

11.1.15 MAYUR (VALVES) SYSTEM PRIVATE LIMITED

TABLE 139 MAYUR (VALVES) SYSTEM PRIVATE LIMITED: BUSINESS OVERVIEW

TABLE 140 MAYUR (VALVES) SYSTEM PRIVATE LIMITED: PRODUCTS/SOLUTIONS/ SERVICES OFFERED

*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.

11.2 OTHER PLAYERS

11.2.1 FLO-TITE INC.

TABLE 141 FLO-TITE INC.: COMPANY OVERVIEW

11.2.2 TRILLIUM FLOW TECHNOLOGIES

TABLE 142 TRILLIUM FLOW TECHNOLOGIES: COMPANY OVERVIEW

11.2.3 SWISSFLUID

TABLE 143 SWISSFLUID: COMPANY OVERVIEW

11.2.4 RICHTER CHEMIE-TECHNIK GMBH

TABLE 144 RICHTER CHEMIE-TECHNIK GMBH: COMPANY OVERVIEW

11.2.5 GEFA PROCESSTECHNIK GMBH

TABLE 145 GEFA PROCESSTECHNIK GMBH: COMPANY OVERVIEW

11.2.6 YOUFUMI VALVE & PIPE CO., LTD.

TABLE 146 YOUFUMI VALVE & PIPE CO., LTD.: COMPANY OVERVIEW

11.2.7 FRENSTAR

TABLE 147 FRENSTAR: COMPANY OVERVIEW

11.2.8 FLUOROSEAL GROUP

TABLE 148 FLUOROSEAL GROUP: COMPANY OVERVIEW

11.2.9 4MATIC GLOBAL VALVE AUTOMATION

TABLE 149 4MATIC GLOBAL VALVE AUTOMATION: COMPANY OVERVIEW

11.2.10 ABLAZE POLYMER & LINING

TABLE 150 ABLAZE POLYMER & LINING: COMPANY OVERVIEW

12 ADJACENT AND RELATED MARKETS (Page No. - 178)

12.1 INTRODUCTION

12.2 LIMITATIONS

12.3 INDUSTRIAL VALVES MARKET, BY TYPE

12.3.1 INTRODUCTION

TABLE 151 INDUSTRIAL VALVES MARKET, BY TYPE, 2017–2020 (USD BILLION)

TABLE 152 INDUSTRIAL VALVES MARKET, BY TYPE, 2021–2026 (USD BILLION)

12.4 BALL VALVES

12.4.1 BALL VALVES TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD

TABLE 153 BALL VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 154 BALL VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

12.4.1.1 Trunnion-mounted ball valves

12.4.1.2 Floating ball valves

12.4.1.3 Rising stem ball valves

12.5 BUTTERFLY VALVES

12.5.1 BUTTERFLY VALVES TO ACCOUNT FOR MAJOR MARKET SHARE OWING TO RELIABLE FIELD OPERATIONS, TIGHT SHUT-OFF, AND PRECISE CONTROL

TABLE 155 BUTTERFLY VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 156 BUTTERFLY VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

12.5.1.1 Zero-offset butterfly valves

12.5.1.2 Double-offset butterfly valves

12.5.1.3 Triple-offset butterfly valves

12.6 CHECK VALVES

12.6.1 CHECK VALVES ADOPTED FOR APPLICATIONS REQUIRING UNIDIRECTIONAL FLOW CONTROL

TABLE 157 CHECK VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 158 CHECK VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

12.7 DIAPHRAGM VALVES

12.7.1 DIAPHRAGM VALVES HIGHLY ADOPTED IN PHARMACEUTICAL AND CHEMICAL INDUSTRIES TO AVOID CONTAMINATION

TABLE 159 DIAPHRAGM VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 160 DIAPHRAGM VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

12.8 GATE VALVES

12.8.1 GATE VALVES WIDELY ADOPTED FOR ON/OFF APPLICATIONS

TABLE 161 GATE VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 162 GATE VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

12.8.1.1 Standard plate gate valves

12.8.1.2 Wedge type gate valves

12.8.1.3 Knife gate valves

12.9 GLOBE VALVES

12.9.1 GLOBE VALVES TO HOLD SECOND-LARGEST MARKET SIZE BY 2026

TABLE 163 GLOBE VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 164 GLOBE VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

12.10 PLUG VALVES

12.10.1 MARKET FOR PLUG VALVES TO WITNESS SUBSTANTIAL GROWTH IN NEXT FEW YEARS

TABLE 165 PLUG VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 166 PLUG VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

12.11 SAFETY VALVES

12.11.1 SAFETY VALVES HIGHLY ADOPTED IN OIL & GAS, ENERGY & POWER, AND CHEMICAL INDUSTRIES

TABLE 167 SAFETY VALVES MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)

TABLE 168 SAFETY VALVES MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)

13 APPENDIX (Page No. - 195)

13.1 INSIGHTS FROM INDUSTRY EXPERTS

13.2 DISCUSSION GUIDE

13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL

13.4 CUSTOMIZATION OPTIONS

13.5 RELATED REPORTS

13.6 AUTHOR DETAILS

The study involved four major activities in estimating the current size of the lined valve market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. The next step has been to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Finally, both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods were used to estimate the market size of segments and subsegments.

Secondary Research

Various secondary sources have been referred to in the secondary research process to identify and collect information relevant to this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been conducted mainly to obtain key information about the industry’s supply chain, the total pool of key players, market classification & segmentation according to industry trends, geographic markets, and key developments from market and technology oriented perspectives.

Primary Research

In the primary research process, various sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to this report. Primary sources from the supply side include experts such as CEOs, VPs, marketing directors, technology and innovation directors, application developers, application users, and related executives from various key companies and organizations operating in the lined valve ecosystem. Following is the breakdown of primary respondents:

Lined Valve Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down and bottom-up approaches have been used to estimate and validate the size of the overall lined valve market and the market based on segments. The research methodology used to estimate the market size has been given below:

Major players operating in the lined valve market have been identified and considered for the report through extensive secondary research.
The supply chain and market size of the lined valve market, both in terms of value and units, have been estimated/determined through secondary and primary research processes.
All estimations and calculations, including percentage share, revenue mix, split, and breakdowns, have been determined through secondary sources, which are further verified through primary sources.

Global lined valve market Size: Bottom-Up Approach

Lined Valve Market Size, and Bottom-Up Approach

Data Triangulation

After arriving at the overall market size from the market size estimation process explained above, the total market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market has been validated using both top-down and bottom-up approaches.

Report Objectives:

To describe and forecast the lined valve market, in terms of value, based on offering, technique, and workflow
To forecast the market size, in terms of value, for four main regions—North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
To provide detailed information regarding drivers, restraints, opportunities, and challenges influencing the market growth
To provide a detailed overview of the value chain of the lined valve ecosystem
To strategically analyze micro markets with respect to individual growth trends, prospects, and contributions to the total market
To analyze the opportunities in the market for stakeholders and details of the competitive landscape of the market
To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies
To analyze the major growth strategies implemented by key market players, such as contracts, agreements, acquisitions, product launches, expansions, and partnerships

Available Customizations

Based on the given market data, MarketsandMarkets offers customizations in the reports according to the client’s specific requirements. The available customization options are as follows: