Global PFA Lined Valves Market Research Report Information by Valve Type, by Size, by Pressure Rating (Low Pressure, Medium Pressure, High Pressure ), by End User Industry, and by Region Forecast Till 2032
Global PFA Lined Valves Market Research Report Information by Valve Type (Ball Valves, Butterfly Valves, Ball Check Valves, Diaphragm Valves, Globe Valves, Plug Valves, Gate Valve), by Size (Less Than 1 Inch, 2 Inch To 6 Inches, 7 Inches To 12 Inches, More Than 12 Inches), by Pressure Rating (Low Pressure (Less Than 150 Psi), Medium Pressure (150 Psi To 600 Psi), High Pressure (More Than 600 Psi)), by End User Industry (Chemical, Pharmaceutical, Water Treatment, Oil & Gas, Power Generation, Food & Beverage, And Others), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) Forecast Till 2032
Market Overview
In 2023, the PFA Lined Valves Market was valued at USD 1,703.5 million. The global PFA Lined Valves industry is expected to increase from USD 1,762.7 million in 2024 to USD 2,498.4 million by 2032, with a compound yearly growth rate (CAGR) of 4.5% over the forecast period (2024-2032).
The increased demand for line valves that can handle high pressure and temperatures is driving the market for PFA lined valves. Durable valves that can perform efficiently under extreme conditions are in high demand in a variety of industries including oil and gas, chemical, water treatment, and pharmaceutical. These industries frequently deal with corrosive substances and procedures that need tremendous temperatures and pressures, making it critical to employ valves that can withstand such harsh circumstances. Furthermore, PFA-lined valves have excellent chemical resistance, which protects the valve's interior components. These are critical components for the valves' integrity and longevity, as well as assuring safe and reliable functioning in demanding applications. Furthermore, PFA lined valves' capacity to withstand high pressure without sacrificing performance is a key element pushing their adoption.
Market Segment insights
The market is divided into valve types, which include ball valves, butterfly valves, ball check valves, diaphragm valves, globe valves, plug valves, and gate valves.
The market is divided into four segments based on capacity: less than one inch, two to six inches, seven to twelve inches, and more than twelve inches.
The Insulation Material market is divided into three segments: low pressure (less than 150 psi), medium pressure (150 psi to 600 psi), and high pressure (greater than 600 psi).
Chemical, pharmaceutical, water treatment, oil and gas, power generating, food and beverage, and other industries are among those that use Solenoid Valves.
Regional insights
The Asia Pacific PFA Lined Valves market accounted for the biggest market share in 2023 and is predicted to develop at a considerable CAGR over the forecast period. PFA-lined valves are critical for handling caustic and high-purity fluids, making them extremely important in industries such as chemical processing, pharmaceuticals, food and beverage, and water treatment, all of which are rapidly expanding in this region.
Furthermore, Europe is the second-largest location for PFA Lined Valves. PFA-lined valves, noted for their superior chemical resistance and longevity, are rapidly being used in a variety of sectors.
Furthermore, the North American PFA Lined Valves Market has expanded rapidly in recent years. The North American PFA Lined Valves market is expanding steadily, owing to a variety of factors.
Major Players
Crane Company (Crane Chempharma & Energy Corp.), Baum Lined Piping Gmbh, CRP, Emerson Electric Co, Flowserve Corporation, Kitz Corporation, Bray International, Samson AG, Gemu Group, and AVK Group are among the key players in the PFA Lined Valves market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 OVERVIEW
3.2 DATA FLOW
3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
3.5.1 PRIMARY RESEARCH DATA FLOW:
3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
3.8.1 MICROECONOMIC FACTOR ANALYSIS:
3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 INCREASING DEMAND FOR STERILE ENVIRONMENT AND PROCESS PURITY IN THE PHARMACEUTICAL INDUSTRY
4.2.2 INCREASING DEMAND FOR LINE VALVES TO WITHSTAND HIGH TEMPERATURE, HIGH PRESSURE IS DRIVING THE MARKET FOR PFA LINED VALVES MARKET
4.2.3 DRIVER IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 UNPLANNED DOWNTIME CAUSED BY VALVE FAILURES HINDERING THE GROWTH FOR PFA LINE VALVE MARKET
4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
4.4.1 GROWTH IN AUTOMATION TECHNOLOGY POSSESS AN OPPORTUNITY FOR THE MARKET
4.5 COVID-19 IMPACT ANALYSIS
4.5.1 IMPACT ON OVERALL VALVES INDUSTRY
4.5.1.1 ECONOMIC IMPACT
4.5.1.2 IMPACT ON SUPPLY CHAIN
4.5.2 IMPACT ON PFA LINED VALVES MARKET
4.5.3 IMPACT ON MARKET DEMAND
4.5.3.1 IMPACT DUE TO RESTRICTION/LOCKDOWNS
4.5.3.2 CONSUMER SENTIMENTS
5 MARKET FACTOR ANALYSIS
5.1 PORTER'S FIVE FORCES MODEL
5.1.1 THREAT OF NEW ENTRANTS
5.1.2 BARGAINING POWER OF SUPPLIERS
5.1.3 THREAT OF SUBSTITUTES
5.1.4 BARGAINING POWER OF BUYERS
5.1.5 INTENSITY OF RIVALRY
5.2 SUPPLY CHAIN ANALYSIS
5.2.1 RESEARCH AND DEVELOPMENT (R&D)
5.2.2 RAW MATERIAL SUPPLY
5.2.3 MANUFACTURE & ASSEMBLY
5.2.4 SALES & DISTRIBUTION
5.2.5 END USE INDUSTRY
6 GLOBAL PFA LINED VALVES MARKET, BY VALVE TYPE
6.1 OVERVIEW
6.2 BALL VALVES
6.3 BUTTERFLY VALVES
6.4 BALL CHECK VALVES
6.5 DIAPHRAGM VALVES
6.6 GLOBE VALVES
6.7 PLUG VALVES
6.8 GATE VALVE
7 GLOBAL PFA LINED VALVES MARKET, BY SIZE
7.1 OVERVIEW
7.2 LESS THAN 1 INCH
7.3 2 INCH TO 6 INCHES
7.4 7 INCHES TO 12 INCHES
7.5 MORE THAN 12 INCHES
8 GLOBAL PFA LINED VALVES MARKET, BY PRESSURE RATING
8.1 OVERVIEW
8.2 LOW PRESSURE (LESS THAN 150 PSI)
8.3 MEDIUM PRESSURE (150 PSI TO 600 PSI)
8.4 HIGH PRESSURE (MORE THAN 600 PSI)
9 GLOBAL PFA LINED VALVES MARKET, BY END USE INDUSTRY
9.1 OVERVIEW
9.2 CHEMICAL
9.3 PHARMACEUTICAL
9.4 WATER TREATMENT
9.5 OIL & GAS
9.6 POWER GENERATION
9.7 FOOD & BEVERAGE
9.8 OTHERS
10 GLOBAL PFA LINED VALVES MARKET, BY REGION
10.1 OVERVIEW
10.1.1 GLOBAL PFA LINED VALVES MARKET, BY REGION, 2018-2032
10.2 NORTH AMERICA
10.3 SOUTH AMERICA
10.4 EUROPE
10.5 ASIA PACIFIC
10.6 MIDDLE EAST & AFRICA
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 MARKET SHARE ANALYSIS,
11.3 COMPETITOR DASHBOARD
11.4 MAJOR GROWTH STRATEGY IN THE GLOBAL PFA LINED VALVES MARKET
11.5 COMPETITOR DASHBOARD
11.6 THE LEADING PLAYER IN TERMS OF NUMBER OF DEVELOPMENTS IN GLOBAL PFA LINED VALVES MARKET
11.7 COMPARATIVE ANALYSIS: KEY PLAYERS FINANICAL
11.8 KEY DEVELOPMENTS & GROWTH STRATEGIES
11.8.1 PRODUCT LAUNCH AND DEVELOPMENTS
11.8.2 MERGER AND ACQUISITION
11.8.3 BUSINESS EXPANSION
11.8.4 PARTNERSHIP
11.8.5 ANNOUNCEMENT
12 COMPANY PROFILES
12.1 CRANE COMPANY (CRANE CHEMPHARMA & ENERGY CORP.)