The Business Research Company’s report on the Isolation Valves Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the isolation valves industry?
The growth of the oil and gas industry is expected to propel the growth of the isolation valve market going forward. The oil and gas industry refers to the global process of exploring, mining, processing, transporting, and distributing petroleum and natural gas products to supply energy to diverse sectors such as transportation, manufacturing, and power generation. Isolation valves are a key element in the oil and gas industry, as they are used to isolate specific parts of a pipeline or process system to facilitate maintenance, repair, and safety procedures, as well as to control the flow of fluids or gases, prevent backflow, and regulate pressure. For instance, in September 2024, according to His Majesty’s Revenue and Customs, the UK-based tax, payments, and customs authority, total government revenues from UK oil and gas production were $11.70 billion in the financial year 2022 to 2023, compared with $1.82 billion in 2021 to 2022, an increase of $9.88 billion. Therefore, the growth of the oil and gas industry is driving the growth of the isolation valve market going forward.
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What is the estimated market size of the isolation valves sector by 2029, based on current forecasts?
The isolation valves market size has grown steadily in recent years. It will grow from$3.71 billion in 2024 to $3.9 billion in 2025 at a compound annual growth rate (CAGR) of 4.9%. The growth in the historic period can be attributed to industrial expansion and infrastructure development, market diversification across industries, demand for maintenance and replacement, environmental concerns and efficiency, globalization and market expansion
The isolation valves market size is expected to see strong growth in the next few years. It will grow to “$5.11 billion in 2029 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to industry-specific demand growth, rise in infrastructure projects, increasing demand for maintenance and replacement, market penetration in emerging economies, expansion of environmental regulations. Major trends in the forecast period include focus on operational efficiency and cost reduction, automation and smart valve solutions, technological advancements in valve design, environmental sustainability demands, industry-specific applications and customization.
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#Who are the top players in the isolation valves market?
Major companies operating in the isolation valves market include Emerson Electric Co, Orion Valves, KITZ Corporation, Spirax-Sarco Engineering PLC., The Weir Group PLC., Flowserve Corporation, Velan Inc., Crane Co, Trillium Flow Technologies, MKS Instruments Inc., Forbes Marshall, Baker Hughes Company, Colton Industries, Della Foglia Srl, American Expedition Vehicles, Cameron International Corporation, Fluidline Valves Co. Pvt. Ltd., FBV Inc., Yean Hern Corp., BOTELI Valve Group, Alco Valves, Hy-Lok USA Inc., High Pressure Equipment Company
#What are the major trends in the isolation valves market?
Major companies operating in the isolation valve market are focusing on innovative product launches, such as bonnet ball valves, to enhance their low-temperature ball valve series. This extension bonnet is designed to prevent the stem sealing area from freezing and has a vent hole on the ball to prevent excessive cavity pressure. For instance, in November 2022, Kitz Corporation, a Japan-based company that manufactures and sells valves, launched a new extension bonnet ball valve to enhance the low-temperature ball valve series. The new extension bonnet ball valve is designed to improve the low-temperature ball valve series, which is relevant to various industries, including oil and gas, water and wastewater treatment, and chemical processing. Additionally, it offers a range of ball valves with various safety features, such as vented balls, blowout-proof stems, and prevention of lever misalignment, contributing to the overall safety and reliability of their ball valve products.
Which geography holds the highest isolation valves market share?
Asia-Pacific was the largest region in the isolation valve market in 2024. The regions covered in the isolation valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How do different segments contribute to the overall expansion of the isolation valves market?
The isolation valves market covered in this report is segmented –
1) By Type: Ball Valves, Butterfly Valves, Knife Gate Valves, Plug Valves, Other Types
2) By Operation Type: Automated Valve, Manual Valve
3) By Sales Type: Original Equipment (OE), After market
4) By End-Use Industry: Oil And Gas , Power Generation, Chemical And Petrochemical, Water And Wastewater, Other End-Use Industries
Subsegments:
1) By Ball Valves: Full-Bore Ball Valves, Reduced-Bore Ball Valves, Trunnion Mounted Ball Valves
2) By Butterfly Valves: Centric Butterfly Valves, Eccentric Butterfly Valves, Double Eccentric Butterfly Valves, Triple Eccentric Butterfly Valves
3) By Knife Gate Valves: Manual Knife Gate Valves, Automated Knife Gate Valves
4) By Plug Valves: Lubricated Plug Valves, Non-Lubricated Plug Valves
5) By Other Types: Diaphragm Valves, Gate Valves, Check Valves
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How is the isolation valves market defined?
Isolation valves are a type of valve that shuts off the flow of fluid or gas in a system. They are utilized for pressure gauge isolation, pressure transmitter isolation, orifice plate pressure tapings, and various measurement devices.
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