The global Expanding Plug Valves market was valued at US$ 146.9 million in 2019 and it is expected to reach US$ 181.1 million by the end of 2026, growing at a CAGR of 3.0% during 2021-2026.
Expanding Plug Valves are designed for applications where positive shut-off, verifiable zero leakage and double block and bleed (DBB) capabilities are required. The expanding plug valve has a robust clear acrylic indicator flag protector, keeping moisture and debris from infiltrating the operator housing.
The global Expanding Plug Valves market is not concentrated. There are large multinational enterprises and small local players scatted all around the world. ERIKS-VE, Omni Valve, National Oilwell Varco, Western Valve, VALVOSPAIN captured the top five global revenue share spots in the Expanding Plug Valves market in 2018, accounting for 50.50 percent revenue share.
Global Expanding Plug Valves Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Expanding Plug Valves Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Eriks-Ve, Omni Valve, National Oilwell Varco, Western Valve, Valvospain, Franklin, Arflu, Control Seal, Maverick Valve, Med, Imperial Valve, Koko Valve, Safval Valve Group and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Hand Wheel Operated
- Gear Operated
The Gear commands the largest market share segments and are growing fastest
Segment by Application
- Oil & Gas
- Chemical Industry
- Aviation & Marine Fueling Stations
The application of Oil & Gas occupy the largest market share, Aviation & Marine Fueling crisis is the fastest growing applications
Table of Content:
1 Expanding Plug Valves Market Overview
2 Expanding Plug Valves Market Competition by Manufacturers
3 Expanding Plug Valves Retrospective Market Scenario by Region
4 Global Expanding Plug Valves Historic Market Analysis by Type
5 Global Expanding Plug Valves Historic Market Analysis by Application
6 Key Companies Profiled
7 Expanding Plug Valves Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Expanding Plug Valves Market Dynamics
10 Global Expanding Plug Valves Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta