Registering a CAGR of 3.1% over the forecast period, the market value of Double Block and Bleed Valves is expected to reach US$ 472.1 million in the year 2027.
The market is driven by various end-user industries, such as oil & gas, chemical industry, power industry, and so on. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas company prefers investing in underdevelopment regions these years. Today's industry pays close attention to the process of selecting valves. Wrong selection can result in lost production time, high maintenance costs, and, in some cases, environmental pollution. In many cases, the industry requires double tight shut-off valves with upstream and downstream sealing.
The leading companies own the advantages of better performance, more abundant product types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of the high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, the price gap between different brands will go narrowing. Similarly, there will be fluctuations in gross margin.
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply chains to avoid any delay in production turn-around-times (TAT) and supply lead times.
Significant and lasting barriers make entry into this market difficult. These barriers include but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirements; and (v) Transitions unfair methods of competition.
Despite the presence of competition problems, the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investments enter the field. Even so, the market is intensely competitive. The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
The global Double Block and Bleed Valves includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin, Swagelok, Hy-Lok, DK-Lok, Haskel, Alco Valves (Graco), Sabre, Western Valve, PBM Valve, Control Seal, Colson and others.
Industry News and Updates:
Oliver Valves Develops Industry-First High-Pressure Topside Solution
18 Aug 2021-- The recently qualified Oliver Valves 12" Bore Topside Manual Gate Valve has made available client and end-user with a solution for use in an industry-first high-pressure development in the Gulf of Mexico.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
The Double Block and Bleed Valves Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Double Block and Bleed Valves Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Double Block and Bleed Valves Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Double Block and Bleed Valves Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Double Block and Bleed Valves Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Cameron, CIRCOR, Bonney Forge, AS-Schneider |
Forecast Period 2022 to 2027 CAGR | CAGR of 3.1% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin, Swagelok, Hy-Lok, DK-Lok, Haskel, Alco Valves (Graco), Sabre, Western Valve, PBM Valve, Control Seal, Colson |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 121 |
Customization Available | Yes, the report can be customized as per your needs |
Frequently Asked Questions
What is the study period of this market?
The Double Block and Bleed Valves Market is studied from 2017 - 2027.
What is the growth rate of the Double Block and Bleed Valves Market?
The Double Block and Bleed Valves Market is growing at a CAGR of 3.1% over the next 5 years.
Who are the key players in Double Block and Bleed Valves Market?
Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin, Swagelok, Hy-Lok, DK-Lok, Haskel, Alco Valves (Graco), Sabre, Western Valve, PBM Valve, Control Seal, Colson
What regions does this Double Block and Bleed Valves Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Double Block and Bleed Valves Market?
Full Bore, Reduced Bore
What are the major end-use applications of Double Block and Bleed Valves Market?
Oil & Gas, Chemical Industry, Power Industry, Others
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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