Europe Industrial Valves Market 2024 – 2030: Market Trends

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The Europe Industrial Valves Market is estimated to grow at a CAGR of around 5.65% during the forecast period, i.e., 2024-30.

Europe Industrial Valves Market Driver:

Energy Transition to Carbon Neutral Economy – The European Union’s target to reduce the overall carbon emission by about 55% to that of 1990 levels by 2030 has driven the countries across the region to shift to renewable energy and low carbon emitting technologies. Since then the region has witnessed huge investments in the evolution of the energy sector from conventional oil & gas, coal, etc., to hydropower, solar, wind, and hydrogen. Moreover, the implementation of Carbon Capture and Storage (CCUS) technology in the existing industrial and power-generating facilities has been pushing the demand for industrial valves in the region. Additionally, the national government’s encouragement to reduce carbon emissions majorly from electricity generation either captive or commercial is further fueling the demand for industrial valves in the market.

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Key Market Reports Highlights

  • Market Dimensions & Projections
  • Pricing Evaluation
  • Recent Strategic Moves by Companies
  • Primary Stakeholders
  • Import/Export Trend Analysis
  • Competitive Landscape Assessment
  • Emerging Opportunities
  • Market Trends and Indicators

 

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Europe Industrial Valves Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

  • By Type
    • Globe Valve- Market Size & Forecast 2019-2030 in USD Million
    • Ball Valve- Market Size & Forecast 2019-2030 in USD Million
    • Butterfly Valve- Market Size & Forecast 2019-2030 in USD Million
    • Gate Valve- Market Size & Forecast 2019-2030 in USD Million
    • Plug Valve- Market Size & Forecast 2019-2030 in USD Million
    • Others- Market Size & Forecast 2019-2030 in USD Million
  • By Product
    • Quarter Turn Valve- Market Size & Forecast 2019-2030 in USD Million
    • Multi-turn Valve- Market Size & Forecast 2019-2030 in USD Million
    • Others- Market Size & Forecast 2019-2030 in USD Million
  • By Standards
    • ASTM- Market Size & Forecast 2019-2030 in USD Million
    • DIN EN- Market Size & Forecast 2019-2030 in USD Million
  • By Application
    • Water & Wastewater Management
    • Power
    • Chemicals
    • Oil & Gas
    • Other Applications (includes Food Processing, Mining, and Marine)- Market Size & Forecast 2019-2030 in USD Million
  • By Country
    • The UK
    • Germany
    • France
    • Italy
    • Spain
    • Benelux

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including –   Danfoss, Sirca, Emerson, Schlumberger Ltd., Flowserve, Pentair, Bohmer, AVK, Lesser GmbH, AKO Armaturen, and Klinger, Eaton, among others

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