Instrumentation Valves and Fittings Market by Material, Product (Valves, Fittings, Actuators), Industry (Semiconductor, Oil & Gas, Food & Beverages, Chemicals, Healthcare, Pulp & Paper, Energy & Power), and Region - Global Forecast to 2025

Instrumentation Valves and Fittings Market by Material, Product (Valves, Fittings, Actuators), Industry (Semiconductor, Oil & Gas, Food & Beverages, Chemicals, Healthcare, Pulp & Paper, Energy & Power), and Region - Global Forecast to 2025

“Instrumentation valves and fittings market to grow at 3.0% CAGR from 2019 to 2025”
The global instrumentation valves and fittings market size is expected to grow from USD 3.2 billion in 2019 to USD 3.9 billion by 2025, at a CAGR of 3.0%. The uptrend in the oil & gas industry, mainly in the upstream sector, growth in the electronics & semiconductor industry and a large number of coal-based power projects in the Asian region, and increasing automation are creating scope for the instrumentation valves and fittings market. However, lack of standardization and policy issues are likely to hinder the growth of the instrumentation valves and fittings industry in the future.

“Stainless steel material to dominate instrumentation valves and fittings market during forecast period”
The instrumentation valves and fittings industry is expected to witness limited product development and innovation in the coming years. Productivity improvement, cost control, and solid inventory planning will be the major focus areas of the manufacturers to improve profit margins in the coming years. Manufacturers will look to incorporate new products with tough materials for construction of valve body to increase their strength, mechanical properties, and reliability while reducing the material cost during manufacturing. Instrumentation valves manufactured from stainless steel are expected to hold a major share of the instrumentation valves and fittings market during the forecast period. This is attributed owing to their high demand in the end-use industries, including oil & gas, chemicals, healthcare, and semiconductors.

“Market for valves to grow at highest CAGR from 2019 to 2024”
Valves play a crucial role in the growth of the instrumentation valves and fittings market. Ball valves are used extensively owing to their low pressure drop and the ability to open and close quickly. These valves are used in various transmission, storage, and gas processing applications across industries. Check valves are mainly used in wastewater, portable water, and irrigation applications; these valves also find use in process, mining, food & beverages, oil & gas, and pharmaceuticals industries. The growing use of instrumentation valves in various end-user industries, including oil & gas, healthcare, and chemicals, is fueling the growth of the valves market. As a result, the valves offerings segment is expected to grow at a higher CAGR during the forecast period.

“Oil & gas to dominate instrumentation valves and fittings market (in terms of share) during forecast period”
Instrumentation valves and fittings are used in the oil & gas industry in offshore rigs, refinery plants, and gas handling systems. Valves and fittings used in the oil & gas industry should be able to withstand harsh environmental conditions. As a result, maintenance, repair, and operations (MRO) activities are crucial for valves used in the oil & gas industry. Oil & gas is a cyclical industry; hence, players of this industry procure instrumentation valves and fittings to minimize dependency on suppliers. Over the past few years, oil & gas products have witnessed strong demand from developing nations. Such continuously increasing demand for oil and gas products is expected to drive the instrumentation valves and fittings market.

“APAC to grow at highest CAGR in instrumentation valves and fittings market during forecast period.”
Major semiconductor players, such as Sony, Samsung, LG, and TSMC, have their presence in APAC. Instrumentation valves and fittings are used in fabrication and manufacturing processes of the semiconductor industry. The food & beverages industry in India and China is experiencing rapid growth. Many food & beverages industry players are upgrading their facilities to match international standards. Increased focus on cleanliness and hygiene will boost the demand for ultraclean valves. Hence, the penetration of instrumentation valves and fittings is expected to increase between 2019 and 2025. APAC is witnessing a surge in smart city projects, which is also creating demand for instrumentation valves and fittings products. In recent years, APAC has witnessed tremendous economic growth, political transformation, and social change. Organizations in APAC are expected to invest heavily in deploying instrumentation valves and fittings products, thus, driving the instrumentation valves and fittings market growth.

In the process of determining and verifying the market sizes for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants has been given below:

By Company Type: Tier 1 = 30%, Tier 2 = 25%, and Tier 3 = 45%
By Designation: C-Level Executives = 35%, Directors = 45%, and Others = 20%
By Region: North America = 45%, Europe = 15%, APAC = 35%, and RoW = 5%

Key players in the instrumentation valves and fittings market include Swagelok (US), Parker Hannifin (US), HY-LOK Corporation (South Korea), Fujikin (Japan), Bray International (US), Circor International (US), Hex Valves (US), AS-Schneider (Germany), Ham-Let (Israel), Oliver Valves (England), and Safelok (England)

Research Coverage:
The report defines, describes, and forecasts the instrumentation valves and fittings market based on product, material, industry, and geography. It provides detailed information regarding the major factors influencing the growth of the instrumentation valves and fittings industry (drivers, restraints, opportunities, and challenges). It also analyzes the competitive developments-such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches-carried out by key players to grow in the market.

Reasons to Buy the Report:
Illustrative segmentation, analysis, and forecast pertaining to the instrumentation valves and fittings market based on product, material, industry, and geography have been conducted to provide an overall view of the instrumentation valves and fittings industry.
Major drivers, restraints, opportunities, and challenges for the instrumentation valves and fittings market have been detailed in this report.
The report includes a detailed competitive landscape of the key players in the market and their ranking.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • STUDY SCOPE
      • INSTRUMENTATION VALVES AND FITTINGS MARKET INCLUSIONS AND EXCLUSIONS
      • CURRENCY
      • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY AND PRIMARY RESEARCH
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED FROM PRODUCTS IN INSTRUMENTATION VALVES AND FITTINGS MARKET
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTION
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN INSTRUMENTATION VALVES AND FITTINGS MARKET
    • INSTRUMENTATION VALVES AND FITTINGS MARKET, BY INDUSTRY
    • INSTRUMENTATION VALVES AND FITTINGS MARKET, BY PRODUCT
    • INSTRUMENTATION VALVES AND FITTINGS MARKET IN APAC, BY INDUSTRY & COUNTRY
    • INSTRUMENTATION VALVES AND FITTINGS MARKET, BY COUNTRY
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
    • INDUSTRY TRENDS
  • INSTRUMENTATION VALVES MARKET, BY MATERIAL
    • Table CONTROL VALVES MARKET, BY MATERIAL, 2017-2025 (USD MILLION)
  • INSTRUMENTATION VALVES AND FITTINGS MARKET, BY PRODUCT
    • Table CONTROL VALVES MARKET, BY SIZE, 2017-2025 (USD MILLION)
  • INSTRUMENTATION VALVES AND FITTINGS MARKET, BY INDUSTRY
    • Table CONTROL VALVES MARKET, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN NORTH AMERICA FOR OIL & GAS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN EUROPE FOR OIL & GAS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN APAC FOR OIL & GAS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ROW FOR OIL & GAS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table FOOD & BEVERAGES, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN EUROPE FOR FOOD & BEVERAGES INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table BEVERAGES INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ROW FOR FOOD & BEVERAGES INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN NORTH AMERICA FOR CHEMICALS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN EUROPE FOR CHEMICALS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN APAC FOR CHEMICALS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ROW FOR CHEMICALS INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN NORTH AMERICA FOR HEALTHCARE INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN EUROPE FOR HEALTHCARE INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN APAC FOR HEALTHCARE INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ROW FOR HEALTHCARE INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR PHARMACEUTICALS & HEALTHCARE INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN NORTH AMERICA FOR PULP & PAPER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN EUROPE FOR PULP & PAPER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN APAC FOR PULP & PAPER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ROW FOR PULP & PAPER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR PULP & PAPER INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN NORTH AMERICA FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN EUROPE FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN APAC FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ROW FOR ENERGY & POWER INDUSTRY, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN NORTH AMERICA FOR OTHER INDUSTRIES, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN EUROPE FOR OTHER INDUSTRIES, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN APAC FOR OTHER INDUSTRIES, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ROW FOR OTHER INDUSTRIES, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR WATER & WASTE WATER TREATMENT INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR BUILDING & CONSTRUCTION INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET FOR OTHER INDUSTRIES, BY REGION, 2017-2025 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • Table CONTROL VALVES MARKET, BY REGION, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN NORTH AMERICA, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN NORTH AMERICA, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN US, BY INDUSTRY, 2017-2025 (USD MILLION) TABLE 45
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN CANADA, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN MEXICO, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN EUROPE, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN EUROPE, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN GERMANY, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN UK, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN FRANCE, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN ITALY, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN REST OF EUROPE, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN ASIA PACIFIC, BY COUNTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN ASIA PACIFIC, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN CHINA, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN JAPAN, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN SOUTH KOREA, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN INDIA, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN REST OF APAC, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN ROW, BY REGION, 2017-2025 (USD MILLION)
    • Table CONTROL VALVES MARKET IN ROW, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN SOUTH AMERICA, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN MIDDLE EAST, BY INDUSTRY, 2017-2025 (USD MILLION)
    • Table INSTRUMENTATION VALVES AND FITTINGS MARKET IN AFRICA, BY INDUSTRY, 2017-2025 (USD MILLION)
  • COMPETITIVE LANDSCAPE
  • COMPANY PROFILES
  • APPENDIX
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • MARKETSANDMARKETS KNOWLEDGE STORE: SNAPSHOT
    • RELATED REPORTS
    • AUTHORS DETAILS

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