Global Pinch Valve Market 2017-2021
About Pinch Valve
Valves operate by opening, closing, or partially blocking passageways to allow movement of fluids from a direction of high pressure to low pressure, or vice-versa. Valves are used across several discrete and process industries for transporting fluids between two points within an enclosed system. The pinch valve is a type of linear control valve; it uses a pinching effect to restrict the flow of fluids. It is efficient in handling abrasive and corrosive materials and slurries.
Technavio’s analysts forecast the global pinch valve market to grow at a CAGR of 4.91% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global pinch valve market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Pinch Valve Market 2017-2021
Technavio recognizes the following companies as the key players in the global pinch valve market: AKO, Festo, Flowrox, Red Valve, and WAMGROUP.
Other Prominent Vendors in the market are: THE WEIR GROUP, Shanghai LVshun Packaging Machinery, Takasago Electric, MOLLET Füllstandtechnik, WAREX VALVE, Schubert and Salzer, ROSS CONTROLS, EBRO ARMATUREN, Clark Solution, General Rubber, and Magnetbau Schramme.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advances in sleeve material used for pinch valves. At present, elastomeric sleeves are increasingly being deployed in pinch valves due to their advantages under harsh conditions and taking minimum space in the interior lining of the pinch valve. The wet parts of pinch valves are now being made of high-quality rubber to improve the operations of valves.”
According to the report, one driver in the market is increasing demand for pinch valves from the water and wastewater treatment industry. EMEA is facing major water problems owing to the low availability of fresh and potable water and increasing urbanization leading to increased demand for fresh water in the region. The low groundwater level and drought condition, especially in the Middle East and Africa, have created a dearth of water in this region. As the major regions, such as Iran, Iraq, Saudi Arabia, Spain, South Africa, and the UAE, have low groundwater level, desalination plants are an optimum option for fulfilling the water demand in this region.
Further, the report states that one challenge in the market is availability of other types of linear control valves. The global pinch valve market accounts for a small revenue share in the global valve market, mainly due to the availability of other types of conventional control valves, such as ball, gate, globe, butterfly, plugs, and diaphragm valves. Though the pinch valves provide an elevated level of efficiency compared with most valves, the adoption is low when compared with other types of linear control valves. The lack of awareness regarding the benefit provided by pinch valves has been a major restraint for the increase in adoption of pinch valves.
AKO, Festo, Flowrox, Red Valve, and WAMGROUP, THE WEIR GROUP, Shanghai LVshun Packaging Machinery, Takasago Electric, MOLLET Füllstandtechnik, WAREX VALVE, Schubert and Salzer, ROSS CONTROLS, EBRO ARMATUREN, Clark Solution, General Rubber, and Magnetbau Schramme.