Plug Valves Market

Plug valve is a quarter-turn on-off valve. The plug itself is often shaped like an upside-down ice cream cone or a cylinder. A handle on top allows the user to turn the plug valve so it rotates and stops or starts the flow of liquid. A minimum of two holes, known as ports, must exist in the plug for liquid to flow. The ports are located on opposite sides of the plug, and when the plug is turned to the open position it creates a passage for the liquid to flow through.

Plug Valves Market aims to provide a comprehensive presentation of the global market for Plug Valves, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plug Valves. Plug Valves Market contains market size and forecasts of Plug Valves in global, including the following market information:

Global Plug Valves Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Plug Valves Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Plug Valves companies in 2022 (%)

The global Plug Valves market was valued at US$ 4019.1 million in 2022 and is projected to reach US$ 5295.7 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global Plug Valves key players include Flowserve, Crane, Brdr. Christensens, Emerson, VETEC Ventiltechnik, etc.

North America is the largest market, with a share over 20%, followed by Europe and Asia(Except China), both have a share over 40%.

In terms of product, Lubricated Plug Valve is the largest segment, with a share over 50%. And in terms of application, the largest application is Petroleum and Natural Gas, followed by Chemical, Water Treatment, etc.

We surveyed the Plug Valves manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Plug Valves Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Plug Valves Market Segment Percentages, by Type, 2022 (%)

Non-Lubricated

Lubricated Plug Valve

Eccentric Plug Valve

Expanding Plug Valve

Global Plug Valves Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Plug Valves Market Segment Percentages, by Application, 2022 (%)

Petroleum and Natural Gas

Chemical

Water Treatment

Power

Others

Global Plug Valves Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Plug Valves Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Plug Valves revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Plug Valves revenues share in global market, 2022 (%)

Key companies Plug Valves sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Plug Valves sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Flowserve

Crane

Brdr. Christensens

Emerson

Weir

SchuF Group

AZ-Armaturen

Galli & Cassina

3Z Corporation

Henry Pratt

ASKA

VETEC Ventiltechnik

FluoroSeal

Regus

Parker

Walworth

DeZURIK

Clow Valve

BREDA ENERGIA

GA Industries

Fujikin

Pister

SS Valve

Val-Matic

UNIMAC

Yuanda Valve

Hugong Valve

Yuandong Valve

KOKO Valve

Gongzhou Valve

Datian Valve

ENINE-PV

REMY Valve

Zhengquan Valve

Miko Valve

Outline of Major Chapters:

Chapter 1: Introduces the definition of Plug Valves, market overview.

Chapter 2: Global Plug Valves market size in revenue and volume.

Chapter 3: Detailed analysis of Plug Valves manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Plug Valves in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Plug Valves capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.