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

Abstract
The lined valve market size is expected to grow from USD 3.4 billion in 2023 to USD 4.1 billion by 2028; it is expected to grow at a CAGR of 4.2% from 2023 to 2028. The key factors driving the growth of the lined valve market are the growing adoption of IoT-integrated valves, the increasing necessity for ensuring the utmost purity of processes in the pharmaceutical industry, and the rising necessity to adhere to process safety guidelines by governments across the world.

“Ball valve held the largest share, and butterfly valve held the second largest share of the lined valve market in 2022.”

The stem design of the lined ball valve offers an anti-blowout feature, which provides increased safety. In addition, every lined ball valve has its anti-static device that helps to protect against potentially dangerous electrostatic discharges, thereby driving their usage across multiple sectors such as chemical, petrochemical, and pharmaceuticals. Butterfly valves are lightweight, compact, and a low-cost alternative to other valve types. Lined butterfly valves are suitable for applications that require constant torque and no maintenance, thereby increasing their adoption across sectors such as metals & mining and pulp & paper.

“PTFE material held the dominating share, and PFA held the second largest share of the lined valve market in 2022.”

Polytetrafluoroethylene (PTFE) offers better sealing, non-viscosity, and higher lubrication, ensuring high chemical resistance and better durability. Hence, PTFE lined valves are widely used in high-grade alloys in corrosive applications in various industries such as pharmaceutical, chemical, petrochemical, pulp and paper, fertilizer, and metallurgical. Polyfluoroalkoxy (PFA) is resistant to strong acids and insoluble in any solvent. These valves ensure high sealing performance in a wide range of temperature and pressure differences, thereby increasing their adoption across multiple sectors such as chemical, food & beverages, and power.

“Chemical industry held the dominating share and petrochemical industry held the second largest share of the lined valve market in 2022.”

The chemicals industry is governed by regulations that vary with each country, and such variations in regulations place the entire industry at risk in terms of safety issues. Lined valves and positioners resolve these conflicting issues related to plant safety and harmful environmental emissions. In addition, several government associations and organizations worldwide are working on chemical process safety in the plants, which will help drive the opportunity for the lined valve market around the world.

The petrochemical industry needs deeper wells and longer pipelines. It focuses on reducing production costs, using specialized and critical equipment, such as lined valves, especially in oil and gas plants. This industry's lined valves help identify fluid corrosivity, fluid erosion properties, and other parameters.

“Asia Pacific accounted for the largest share, and North America held the second largest share of the lined valve market in 2022.”

Owing to the increasing urban population in the Asia Pacific region, there is a high demand for electronics items, which will further foster the semiconductor industry's growth and help drive the demand for the lined valve. China is among the leading manufacturers and exporters of lined valves, with several medium-sized manufacturers based in the country. For catering to the rising energy demands, the energy & power industry in India are focusing on increasing their capacities.

Moreover, there is a growing necessity for establishing better infrastructure for wastewater treatment in the country. Owing to these reasons, the demand for lined valves is increasing in the region. North America is an important market for lined valves, as the region is home to some of the largest manufacturers of lined valves, such as Emerson Electric Co. (US), Flowserve (US), and Crane Co. (US). The increasing R&D activities in the region pertaining to the use of actuators in lined valves for automation and the rising demand for safety applications are among the crucial factors driving the market in North America.

The break-up of the profiles of primary participants for the report has been given below:
•By Company Type: Tier 1 = 52%, Tier 2 = 31%, and Tier 3 = 17%
•By Designation: C-Level Executives = 47%, Directors = 31%, and Others= 22%
•By Region: North America = 20%, Europe = 25%, Asia Pacific = 44%, and RoW = 11%

Major players operating in the lined valve market include 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.

Research Coverage:
The research report on the global lined valve market covers the market based on type, material, industry, and region. Based on type, the lined valve market is segmented into a ball valve, butterfly valve, globe valve, gate valve, plug valve, and others (safety valves, diaphragm valves, and check valves). Based on material, the lined valve market has been segmented into polytetrafluoroethylene (PTFE), perfluoroalkoxy (PFA), modified polytetrafluoroethylene (TFM), polychlorotrifluoroethylene (PCTFE), and others (fluorinated ethylene-propylene (FEP), ethylene propylene diene monomer (EPDM), and polyvinylidene fluoride (PVDF)). The lined valve market is segmented by industry: chemical, petrochemical, pharmaceuticals, food & beverages, pulp & paper, and others (agriculture, power, mining, and semiconductor). The report covers four major regions: North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW).

Key Benefits of Buying the Report:
This report segments the lined valve market comprehensively and provides the closest approximations of the overall market size, as well as that of the subsegments across different types, materials, industries, and regions.
The report helps stakeholders understand the market's pulse and expected market scenario and provides information on key market drivers, restraints, challenges, and opportunities.

Content
Table of Contents

1INTRODUCTION27
1.1STUDY OBJECTIVES27
1.2MARKET DEFINITION27
1.2.1INCLUSIONS AND EXCLUSIONS28
1.3STUDY SCOPE28
1.3.1MARKETS COVERED28
FIGURE 1LINED VALVE MARKET: SEGMENTATION28
1.3.2REGIONAL SCOPE29
1.3.3YEARS CONSIDERED29
1.4CURRENCY CONSIDERED29
1.5LIMITATIONS30
1.6STAKEHOLDERS30
2RESEARCH METHODOLOGY31
2.1RESEARCH DATA31
FIGURE 2LINED VALVE MARKET: RESEARCH DESIGN31
2.1.1SECONDARY AND PRIMARY RESEARCH32
2.1.2SECONDARY DATA32
2.1.2.1Major secondary sources32
2.1.2.2Key data from secondary sources33
2.1.3PRIMARY DATA33
2.1.3.1Primary interviews with experts33
2.1.3.2Key data from primary sources34
2.1.3.3Key industry insights34
2.1.3.4Breakdown of primaries35
2.2MARKET SIZE ESTIMATION35
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE GENERATED THROUGH SALES OF PRODUCTS/ SOLUTIONS/SERVICES RELATED TO LINED VALVE MARKET36
2.2.1BOTTOM-UP APPROACH37
2.2.1.1Approach to derive market size using bottom-up analysis37
FIGURE 4MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH37
2.2.2TOP-DOWN APPROACH38
2.2.2.1Approach to derive market size using top-down analysis38
FIGURE 5MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH38
2.3MARKET BREAKDOWN AND DATA TRIANGULATION39
FIGURE 6DATA TRIANGULATION39
2.4RESEARCH ASSUMPTIONS40
2.5APPROACH TO UNDERSTAND IMPACT OF RECESSION ON LINED VALVE MARKET40
2.6LIMITATIONS AND RISK ASSESSMENT41
TABLE 1LIMITATIONS AND RISKS41
3EXECUTIVE SUMMARY42
FIGURE 7BALL VALVE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD42
FIGURE 8PTFE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD43
FIGURE 9CHEMICAL SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD43
FIGURE 10ASIA PACIFIC HELD LARGEST SHARE OF LINED VALVE MARKET IN 202244
3.1LINED VALVE MARKET: IMPACT OF RECESSION45
FIGURE 11GDP GROWTH PROJECTIONS FOR MAJOR ECONOMIES TILL 202345
FIGURE 12IMPACT OF UPCOMING RECESSION ON LINED VALVE MARKET45
4PREMIUM INSIGHTS47
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS OPERATING IN LINED VALVE MARKET47
FIGURE 13LARGE-SCALE INDUSTRIALIZATION IN ASIA PACIFIC AND EXPANDING GLOBAL CHEMICAL INDUSTRY47
4.2LINED VALVE MARKET, BY TYPE47
FIGURE 14BALL VALVE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD47
4.3LINED VALVE MARKET, BY MATERIAL48
FIGURE 15PTFE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD48
4.4LINED VALVE MARKET, BY INDUSTRY48
FIGURE 16PHARMACEUTICAL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD48
4.5LINED VALVE MARKET, BY COUNTRY49
FIGURE 17US HELD LARGEST SHARE OF LINED VALVE MARKET IN 202249
5MARKET OVERVIEW50
5.1INTRODUCTION50
5.2MARKET DYNAMICS50
FIGURE 18LINED VALVE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES50
5.2.1DRIVERS51
5.2.1.1Increasing demand for sterile environment in pharmaceutical industry51
FIGURE 19PHARMACEUTICAL INDUSTRY REVENUE IN US (2011–2020)51
5.2.1.2Growing chemical industry51
5.2.1.3Stringent government regulations regarding process safety in plants52
FIGURE 20LINED VALVE MARKET: IMPACT ANALYSIS OF DRIVERS53
5.2.2RESTRAINTS53
5.2.2.1Lack of standardized policies53
FIGURE 21LINED VALVE MARKET: IMPACT ANALYSIS OF RESTRAINTS53
5.2.3OPPORTUNITIES54
5.2.3.1Rising demand for automatic valves54
5.2.3.2Growing trend of Internet of Things (IoT)-integrated valves54
5.2.3.3Increasing use of simulation software54
FIGURE 22LINED VALVE MARKET: IMPACT ANALYSIS OF OPPORTUNITIES55
5.2.4CHALLENGES55
5.2.4.1Unplanned downtime due to malfunctioning or failure of valves55
FIGURE 23LINED VALVE MARKET: IMPACT ANALYSIS OF CHALLENGES55
5.3VALUE CHAIN ANALYSIS56
FIGURE 24LINED VALVE MARKET: VALUE CHAIN ANALYSIS56
5.4ECOSYSTEM ANALYSIS57
FIGURE 25LINED VALVE MARKET: ECOSYSTEM ANALYSIS57
TABLE 2LINED VALVE MARKET: ECOSYSTEM57
5.5PRICING ANALYSIS58
TABLE 3AVERAGE SELLING PRICE OF LINED VALVES OFFERED BY TOP COMPANIES, 202258
FIGURE 26AVERAGE SELLING PRICE OF LINED VALVES OFFERED BY THREE KEY PLAYERS, BY TYPE (USD)59
TABLE 4AVERAGE SELLING PRICE OF LINED VALVES OFFERED BY THREE KEY PLAYERS, BY TYPE59
5.6TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES60
FIGURE 27REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN LINED VALVE MARKET60
5.7TECHNOLOGY ANALYSIS60
5.7.1INTERNET OF THINGS (IOT)60
5.7.2CLOUD-BASED SOLUTIONS60
5.7.3ARTIFICIAL INTELLIGENCE61
5.8PORTER’S FIVE FORCES ANALYSIS61
TABLE 5LINED VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS61
5.9KEY STAKEHOLDERS AND BUYING CRITERIA62
5.9.1KEY STAKEHOLDERS IN BUYING PROCESS62
FIGURE 28INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES62
TABLE 6INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%)63
5.9.2BUYING CRITERIA63
FIGURE 29KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES63
TABLE 7KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES63
5.10CASE STUDY ANALYSIS64
TABLE 8PTFE-LINED BUTTERFLY VALVES FOR MINING INDUSTRY64
TABLE 9EBRO Z011-A BUTTERFLY VALVE FOR POTASH COMPANY TO REDUCE EXTREME WEAR PROBLEM64
TABLE 10GAR-SEAL PTFE BUTTERFLY VALVE AND GYLON BIO-ASEPT SEALS FOR CONFECTIONERY GROUP64
5.11TRADE ANALYSIS65
FIGURE 30IMPORT OF TAPS, COCKS, VALVES, AND SIMILAR APPLIANCES, BY COUNTRY, 2017–2021 (USD MILLION)65
FIGURE 31EXPORT OF TAPS, COCKS, VALVES, AND SIMILAR APPLIANCES, BY COUNTRY, 2017–2021 (USD MILLION)65
5.12PATENT ANALYSIS66
FIGURE 32TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS66
TABLE 11TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS66
FIGURE 33NUMBER OF PATENTS GRANTED PER YEAR, 2012–202167
TABLE 12LINED VALVE MARKET: LIST OF PATENTS, 2019–202267
5.13KEY CONFERENCES AND EVENTS, 2022–202369
TABLE 13LINED VALVE MARKET: DETAILED LIST OF CONFERENCES AND EVENTS69
5.14REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS69
TABLE 14NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS69
TABLE 15EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS70
TABLE 16ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS70
TABLE 17ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS71
5.14.1STANDARDS71
TABLE 18LINED VALVE MARKET: STANDARDS71
6LINED VALVE MARKET, BY TYPE73
6.1INTRODUCTION74
FIGURE 34LINED VALVE MARKET, BY TYPE74
FIGURE 35BALL VALVE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD74
TABLE 19LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)75
TABLE 20LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)75
6.2BALL VALVE76
6.2.1BALL VALVE TO BE COST-EFFECTIVE SOLUTION FOR PROCESS APPLICATIONS76
TABLE 21BALL VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)76
TABLE 22BALL VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)77
TABLE 23BALL VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)77
TABLE 24BALL VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)77
6.3BUTTERFLY VALVE78
6.3.1BUTTERFLY VALVE EXHIBITS HIGH SHUT-OFF PROTECTION AND LONG SERVICE LIFE78
TABLE 25BUTTERFLY VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)78
TABLE 26BUTTERFLY VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)78
TABLE 27BUTTERFLY VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)79
TABLE 28BUTTERFLY VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)79
6.4GATE VALVE79
6.4.1GATE VALVES WIDELY USED FOR ON/OFF APPLICATIONS79
TABLE 29GATE VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)80
TABLE 30GATE VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)80
TABLE 31GATE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)80
TABLE 32GATE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)81
6.5GLOBE VALVE81
6.5.1LINED GLOBE VALVES WORK WITH HIGHLY CORROSIVE AND TOXIC CHEMICALS81
TABLE 33GLOBE VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)81
TABLE 34GLOBE VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)82
TABLE 35GLOBE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)82
TABLE 36GLOBE VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)82
6.6PLUG VALVE83
6.6.1PLUG VALVES TO WITNESS SUBSTANTIAL DEMAND IN FLOW CONTROL AND ISOLATION APPLICATIONS83
TABLE 37PLUG VALVE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)83
TABLE 38PLUG VALVE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)83
TABLE 39PLUG VALVE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)84
TABLE 40PLUG VALVE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)84
6.7OTHER TYPES84
TABLE 41OTHER TYPES: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)85
TABLE 42OTHER TYPES: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)85
TABLE 43OTHER TYPES: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)85
TABLE 44OTHER TYPES: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)86
 
7LINED VALVE MARKET, BY MATERIAL87
7.1INTRODUCTION88
FIGURE 36LINED VALVE MARKET, BY MATERIAL88
TABLE 45LINED VALVE MARKET, BY MATERIAL, 2019–2022 (USD MILLION)88
TABLE 46LINED VALVE MARKET, BY MATERIAL, 2023–2028 (USD MILLION)89
FIGURE 37POLYTETRAFLUOROETHYLENE (PTFE) SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD89
7.2POLYTETRAFLUOROETHYLENE (PTFE)89
7.2.1INCREASING DEMAND FOR COST-EFFECTIVE LINED VALVES IN VARIOUS INDUSTRIES89
7.3PERFLUOROALKOXY (PFA)90
7.3.1GROWING ADOPTION OF PERFLUOROALOXY MATERIAL IN VARIOUS APPLICATIONS90
7.4MODIFIED POLYTETRAFLUOROETHYLENE (TFM)90
7.4.1RISING DEMAND FOR MODIFIED POLYTETRAFLUOROETHYLENE (TFM) ATTRIBUTED TO LOWER MOLECULAR WEIGHT THAN POLYTETRAFLUOROETHYLENE (PTFE)90
7.5POLYCHLOROTRIFLUOROETHYLENE (PCTFE)91
7.5.1HIGH USE OF POLYCHLOROTRIFLUOROETHYLENE IN VALVE SEAT MANUFACTURING91
7.6OTHERS91
8LINED VALVE MARKET, BY INDUSTRY92
8.1INTRODUCTION93
FIGURE 38LINED VALVE MARKET, BY INDUSTRY93
FIGURE 39LINED VALVE MARKET, BY INDUSTRY93
TABLE 47LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)94
TABLE 48LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)94
8.2CHEMICAL94
8.2.1GROWING REQUIREMENT FOR SAFE AND RELIABLE PROCESSES94
TABLE 49CHEMICAL: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)95
TABLE 50CHEMICAL: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)95
TABLE 51CHEMICAL: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)95
TABLE 52CHEMICAL: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)96
8.3PETROCHEMICAL96
8.3.1RISING DEMAND ATTRIBUTED TO FLUID CORROSIVITY AND FLUID EROSION PROPERTIES96
TABLE 53PETROCHEMICAL: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)96
TABLE 54PETROCHEMICAL: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)97
TABLE 55PETROCHEMICAL: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)97
TABLE 56PETROCHEMICAL: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)97
8.4PHARMACEUTICAL98
8.4.1INCREASING DEMAND FOR HIGH-PURITY COMPOUNDS98
TABLE 57PHARMACEUTICAL: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)98
TABLE 58PHARMACEUTICAL: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)98
TABLE 59PHARMACEUTICAL: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)99
TABLE 60PHARMACEUTICAL: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)99
8.5FOOD & BEVERAGE99
8.5.1RISING IMPLEMENTATION OF LINED VALVES TO IMPROVE PROCESS EFFICIENCY99
TABLE 61FOOD & BEVERAGE: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)100
TABLE 62FOOD & BEVERAGE: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)100
TABLE 63FOOD & BEVERAGE: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)100
TABLE 64FOOD & BEVERAGE: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)101
8.6PULP & PAPER101
8.6.1INCREASING REQUIREMENT FOR HIGH-QUALITY PRODUCTS WITHOUT CONTAMINATION101
TABLE 65PULP & PAPER: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)101
TABLE 66PULP & PAPER: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)102
TABLE 67PULP & PAPER: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)102
TABLE 68PULP & PAPER: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)102
8.7OTHERS103
TABLE 69OTHERS: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)103
TABLE 70OTHERS: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)103
TABLE 71OTHERS: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)104
TABLE 72OTHERS: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)104
9LINED VALVE MARKET, BY REGION105
9.1INTRODUCTION106
FIGURE 40INDIA TO REGISTER HIGHEST CAGR IN LINED VALVE MARKET DURING FORECAST PERIOD106
FIGURE 41ASIA PACIFIC TO LEAD LINED VALVE MARKET DURING FORECAST PERIOD107
TABLE 73LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)107
TABLE 74LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)107
9.2NORTH AMERICA108
FIGURE 42NORTH AMERICA: SNAPSHOT OF LINED VALVE MARKET108
FIGURE 43US TO REGISTER HIGHEST CAGR IN NORTH AMERICAN LINED VALVE MARKET DURING FORECAST PERIOD109
TABLE 75NORTH AMERICA: LINED VALVE MARKET, BY COUNTRY, 2019–2022 (USD MILLION)109
TABLE 76NORTH AMERICA: LINED VALVE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)109
TABLE 77NORTH AMERICA: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)110
TABLE 78NORTH AMERICA: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)110
TABLE 79NORTH AMERICA: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)110
TABLE 80NORTH AMERICA: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)111
9.2.1US111
9.2.1.1Expanding pharmaceutical and chemical industries111
9.2.2CANADA112
9.2.2.1Rising demand for lined valves in chemical and mining industries to avoid contamination and corrosion112
9.2.3MEXICO112
9.2.3.1Developing industrial sector112
9.3EUROPE113
FIGURE 44EUROPE: SNAPSHOT OF LINED VALVE MARKET113
FIGURE 45GERMANY TO REGISTER HIGHEST CAGR IN EUROPEAN LINED VALVE MARKET DURING FORECAST PERIOD114
TABLE 81EUROPE: LINED VALVE MARKET, BY COUNTRY, 2019–2022 (USD MILLION)114
TABLE 82EUROPE: LINED VALVE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)114
TABLE 83EUROPE: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)115
TABLE 84EUROPE: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)115
TABLE 85EUROPE: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)115
TABLE 86EUROPE: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)116
9.3.1UK116
9.3.1.1Increasing investments in process industries116
9.3.2GERMANY117
9.3.2.1Growing paper consumption117
9.3.3FRANCE117
9.3.3.1Government-led initiatives to boost growth of chemical industry117
9.3.4ITALY118
9.3.4.1Growing agriculture, chemical, and petrochemical industries118
9.3.5REST OF EUROPE118
9.4ASIA PACIFIC119
FIGURE 46ASIA PACIFIC: SNAPSHOT OF LINED VALVE MARKET119
FIGURE 47CHINA TO LEAD ASIA PACIFIC LINED VALVE MARKET DURING FORECAST PERIOD120
TABLE 87ASIA PACIFIC: LINED VALVE MARKET, BY COUNTRY, 2019–2022 (USD MILLION)120
TABLE 88ASIA PACIFIC: LINED VALVE MARKET, BY COUNTRY, 2023–2028 (USD MILLION)120
TABLE 89ASIA PACIFIC: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)121
TABLE 90ASIA PACIFIC: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)121
TABLE 91ASIA PACIFIC: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)121
TABLE 92ASIA PACIFIC: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)122
9.4.1CHINA122
9.4.1.1Expanding semiconductor and pharmaceutical industries122
9.4.2JAPAN123
9.4.2.1Presence of leading semiconductor equipment manufacturers123
9.4.3INDIA123
9.4.3.1Increasing adoption of lined valves in power industry123
9.4.4SOUTH KOREA123
9.4.4.1Expanding process industries123
9.4.5REST OF ASIA PACIFIC124
9.5ROW124
FIGURE 48MIDDLE EAST TO LEAD ROW LINED VALVE MARKET DURING FORECAST PERIOD124
TABLE 93ROW: LINED VALVE MARKET, BY REGION, 2019–2022 (USD MILLION)124
TABLE 94ROW: LINED VALVE MARKET, BY REGION, 2023–2028 (USD MILLION)125
TABLE 95ROW: LINED VALVE MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)125
TABLE 96ROW: LINED VALVE MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)125
TABLE 97ROW: LINED VALVE MARKET, BY TYPE, 2019–2022 (USD MILLION)126
TABLE 98ROW: LINED VALVE MARKET, BY TYPE, 2023–2028 (USD MILLION)126
9.5.1MIDDLE EAST & AFRICA126
9.5.1.1Increasing investments in chemical and petrochemical industries126
9.5.2SOUTH AMERICA127
9.5.2.1Booming petrochemical industry127
10COMPETITIVE LANDSCAPE128
10.1INTRODUCTION128
10.1.1OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN LINED VALVE MARKET128
10.2REVENUE ANALYSIS OF TOP FIVE PLAYERS130
FIGURE 49TOP FIVE PLAYERS IN LINED VALVE MARKET, 2017–2021130
10.3MARKET SHARE ANALYSIS131
TABLE 99LINED VALVE MARKET: MARKET SHARE OF KEY COMPANIES131
10.4COMPANY EVALUATION QUADRANT, 2022133
10.4.1STARS133
10.4.2EMERGING LEADERS133
10.4.3PERVASIVE PLAYERS133
10.4.4PARTICIPANTS133
FIGURE 50LINED VALVE MARKET (GLOBAL): COMPANY EVALUATION QUADRANT, 2022134
10.5SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION QUADRANT, 2022135
10.5.1PROGRESSIVE COMPANIES135
10.5.2RESPONSIVE COMPANIES135
10.5.3DYNAMIC COMPANIES135
10.5.4STARTING BLOCKS135
FIGURE 51LINED VALVE MARKET (GLOBAL): SME EVALUATION QUADRANT, 2022136
10.6COMPANY FOOTPRINT137
TABLE 100TYPE: COMPANY FOOTPRINT137
TABLE 101MATERIAL: COMPANY FOOTPRINT138
TABLE 102INDUSTRY: COMPANY FOOTPRINT139
10.7COMPETITIVE BENCHMARKING140
TABLE 103INDUSTRIAL VALVE MARKET: DETAILED LIST OF KEY STARTUPS/SMES140
TABLE 104INDUSTRIAL VALVE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES141
10.8COMPETITIVE SCENARIOS AND TRENDS143
10.8.1PRODUCT LAUNCHES143
TABLE 105LINED VALVE MARKET: PRODUCT LAUNCHES143
10.8.2DEALS144
TABLE 106LINED VALVE MARKET: DEALS144
11COMPANY PROFILES145
11.1KEY PLAYERS145
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
11.1.1EMERSON145
TABLE 107EMERSON: COMPANY OVERVIEW145
FIGURE 52EMERSON: COMPANY SNAPSHOT146
TABLE 108EMERSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED146
11.1.2FLOWSERVE CORPORATION148
TABLE 109FLOWSERVE CORPORATION: COMPANY OVERVIEW148
FIGURE 53FLOWSERVE CORPORATION: COMPANY SNAPSHOT149
TABLE 110FLOWSERVE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED149
TABLE 111FLOWSERVE CORPORATION: DEALS150
11.1.3NELES (VALMET)152
TABLE 112NELES: COMPANY OVERVIEW152
FIGURE 54NELES: COMPANY SNAPSHOT152
TABLE 113NELES: PRODUCTS/SOLUTIONS/SERVICES OFFERED153
TABLE 114NELES: DEALS153
11.1.4CRANE CO.155
TABLE 115CRANE CO.: COMPANY OVERVIEW155
FIGURE 55CRANE CO.: COMPANY SNAPSHOT156
TABLE 116CRANE CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED156
11.1.5KITZ CORPORATION158
TABLE 117KITZ CORPORATION: COMPANY OVERVIEW158
FIGURE 56KITZ CORPORATION: COMPANY SNAPSHOT158
TABLE 118KITZ CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED159
11.1.6ENTEGRIS160
TABLE 119ENTEGRIS: COMPANY OVERVIEW160
FIGURE 57ENTEGRIS: COMPANY SNAPSHOT161
TABLE 120ENTEGRIS: PRODUCTS/SOLUTIONS/SERVICES OFFERED162
11.1.7SAMSON163
TABLE 121SAMSON: COMPANY OVERVIEW163
TABLE 122SAMSON: PRODUCTS/SOLUTIONS/SERVICES OFFERED163
11.1.8BRAY INTERNATIONAL165
TABLE 123BRAY INTERNATIONAL: COMPANY OVERVIEW165
TABLE 124BRAY INTERNATIONAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED165
11.1.9CHEMVALVE-SCHMID AG166
TABLE 125CHEMVALVE-SCHMID AG: COMPANY OVERVIEW166
TABLE 126CHEMVALVE-SCHMID AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED166
TABLE 127CHEMVALVE-SCHMID AG: PRODUCT LAUNCHES167
11.1.10EBRO ARMATUREN GEBR. BRÖER GMBH168
TABLE 128EBRO ARMATUREN GEBR. BRÖER GMBH: COMPANY OVERVIEW168
TABLE 129EBRO ARMATUREN GEBR. BRÖER GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED168
11.1.11GEMÜ GROUP169
TABLE 130GEMÜ GROUP: COMPANY OVERVIEW169
TABLE 131GEMÜ GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED169
TABLE 132GEMÜ GROUP: PRODUCT LAUNCHES170
11.1.12AVK GROUP171
TABLE 133AVK GROUP: COMPANY OVERVIEW171
TABLE 134AVK GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED171
11.1.13BCST GROUP CO., LTD.172
TABLE 135BCST GROUP CO., LTD.: COMPANY OVERVIEW172
TABLE 136BCST GROUP CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED172
11.1.14CHEM FLOWTRONICS173
TABLE 137CHEM FLOWTRONICS: COMPANY OVERVIEW173
TABLE 138CHEM FLOWTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERED173
11.1.15MAYUR (VALVES) SYSTEM PRIVATE LIMITED174
TABLE 139MAYUR (VALVES) SYSTEM PRIVATE LIMITED: COMPANY OVERVIEW174
TABLE 140MAYUR (VALVES) SYSTEM PRIVATE LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED174
*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.

11.2OTHER PLAYERS175
11.2.1FLO-TITE INC.175
TABLE 141FLO-TITE INC.: COMPANY OVERVIEW175
11.2.2TRILLIUM FLOW TECHNOLOGIES175
TABLE 142TRILLIUM FLOW TECHNOLOGIES: COMPANY OVERVIEW175
11.2.3SWISSFLUID176
TABLE 143SWISSFLUID: COMPANY OVERVIEW176
11.2.4RICHTER CHEMIE-TECHNIK GMBH176
TABLE 144RICHTER CHEMIE-TECHNIK GMBH: COMPANY OVERVIEW176
11.2.5GEFA PROCESSTECHNIK GMBH177
TABLE 145GEFA PROCESSTECHNIK GMBH: COMPANY OVERVIEW177
11.2.6YOUFUMI VALVE & PIPE CO., LTD.177
TABLE 146YOUFUMI VALVE & PIPE CO., LTD.: COMPANY OVERVIEW177
11.2.7FRENSTAR178
TABLE 147FRENSTAR: COMPANY OVERVIEW178
11.2.8FLUOROSEAL GROUP178
TABLE 148FLUOROSEAL GROUP: COMPANY OVERVIEW178
11.2.94MATIC GLOBAL VALVE AUTOMATION179
TABLE 1494MATIC GLOBAL VALVE AUTOMATION: COMPANY OVERVIEW179
11.2.10ABLAZE POLYMER & LINING179
TABLE 150ABLAZE POLYMER & LINING: COMPANY OVERVIEW179
12ADJACENT AND RELATED MARKETS180
12.1INTRODUCTION180
12.2LIMITATIONS180
12.3INDUSTRIAL VALVE MARKET, BY TYPE181
12.3.1INTRODUCTION181
TABLE 151INDUSTRIAL VALVE MARKET, BY TYPE, 2017–2020 (USD BILLION)181
TABLE 152INDUSTRIAL VALVE MARKET, BY TYPE, 2021–2026 (USD BILLION)181
12.4BALL VALVE182
12.4.1BALL VALVES TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD182
TABLE 153BALL VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)183
TABLE 154BALL VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)183
12.4.1.1Trunnion-mounted ball valves184
12.4.1.2Floating ball valves184
12.4.1.3Rising stem ball valves184
12.5BUTTERFLY VALVE184
12.5.1BUTTERFLY VALVES TO ACCOUNT FOR MAJOR MARKET SHARE OWING TO RELIABLE FIELD OPERATIONS, TIGHT SHUT-OFF, AND PRECISE CONTROL184
TABLE 155BUTTERFLY VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)185
TABLE 156BUTTERFLY VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)185
12.5.1.1Zero-offset butterfly valves186
12.5.1.2Double-offset butterfly valves186
12.5.1.3Triple-offset butterfly valves186
12.6CHECK VALVE187
12.6.1CHECK VALVES ADOPTED FOR APPLICATIONS REQUIRING UNIDIRECTIONAL FLOW CONTROL187
TABLE 157CHECK VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)187
TABLE 158CHECK VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)188
12.7DIAPHRAGM VALVE188
12.7.1DIAPHRAGM VALVES HIGHLY ADOPTED IN PHARMACEUTICAL AND CHEMICAL INDUSTRIES TO AVOID CONTAMINATION188
TABLE 159DIAPHRAGM VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)189
TABLE 160DIAPHRAGM VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)189
12.8GATE VALVE190
12.8.1GATE VALVES WIDELY ADOPTED FOR ON/OFF APPLICATIONS190
TABLE 161GATE VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)190
TABLE 162GATE VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)191
12.8.1.1Standard plate gate valves191
12.8.1.2Wedge-type gate valves191
12.8.1.3Knife-gate valves192
12.9GLOBE VALVE192
12.9.1GLOBE VALVES TO HOLD SECOND-LARGEST MARKET SIZE BY 2026192
TABLE 163GLOBE VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)192
TABLE 164GLOBE VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)193
12.10PLUG VALVE193
12.10.1MARKET FOR PLUG VALVES TO WITNESS SUBSTANTIAL GROWTH IN NEXT FEW YEARS193
TABLE 165PLUG VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)194
TABLE 166PLUG VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)194
12.11SAFETY VALVE195
12.11.1SAFETY VALVES HIGHLY ADOPTED IN OIL & GAS, ENERGY & POWER, AND CHEMICAL INDUSTRIES195
TABLE 167SAFETY VALVE MARKET, BY END-USER INDUSTRY, 2017–2020 (USD MILLION)195
TABLE 168SAFETY VALVE MARKET, BY END-USER INDUSTRY, 2021–2026 (USD MILLION)196
13APPENDIX197
13.1INSIGHTS FROM INDUSTRY EXPERTS197
13.2DISCUSSION GUIDE198
13.3KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL201
13.4CUSTOMIZATION OPTIONS203
13.5RELATED REPORTS203
13.6AUTHOR DETAILS204