World Industrial Valve Market
- January 2016
- 519 pages
- Freedonia
World demand to rise 4.3% annually through 2019
World demand for industrial valves is projected to climb 4.3 percent annually through 2019 to $98.5 billion. Market advances will be stimulated by growth in chemicals and other process manufacturing output, electric power generation, and construction activity in a generally healthy economic environment. Ongoing efforts to expand water infrastructures in developing countries and maintain or upgrade water and wastewater treatment and distribution systems in developed nations will also contribute to sales increases through 2019. Dollar gains will be boosted as well by greater use of “smart” valves and actuators and other better performing, higher priced items.
China to post strongest gains of any national market
Industrial valve market growth in developing parts of Asia, the Africa/ Mideast region, Central and South America, and Eastern Europe will outpace product demand in Western Europe, Japan, South Korea, and the US. China will post the strongest advances of any national market in value terms, accounting for 23 percent of all additional valve sales on a global basis. India, a considerably smaller but still sizable valve market, will register larger gains in percentage terms. A number of smaller national markets are also expected to record healthy sales increases. Gains in US valve demand will be bolstered by growth in business investment spending as economic conditions continue to improve. Product sales in Western Europe and Japan will also expand. However, market advances in these areas will lag those in most other parts of the world, limited by below average increases in process manufacturing output and associated fixed investment expenditures.
Automatic valves to outpace standard types
Automatic valves are forecast to continue growing at a faster pace than sales of standard hand-operated valves. This shift in market share away from standard valves is driven by the advantages that automatic valves offer, which include improved safety and reduced operating costs. Automatic valves are also used in inaccessible and remote locations where manual operation is impractical. The fastest sales gains of any major product type will be posted by automatic actuators, fueled by valve users’ ongoing efforts to automate standard valve operation by installing automatic actuators as a less costly alternative to replacing units with automatic valves.
Process manufacturing to be fastest growing market
Process manufacturing is the largest market for industrial valves internationally, reflecting the wide range of applications and significant fluid handling requirements in many of the industries included here. Process manufacturing valve demand will also expand faster than product sales in other major valve markets, which include oil and gas, water infrastructure, and other miscellaneous applications such as construction, electric utilities, and mining. Advances will be stimulated by both increases in process manufacturing output and the introduction of new specialty valves, which will help boost replacement demand. The oil and gas market will register the slowest increases due to low oil and gas prices, although new drilling activity and the construction of related oil and gas infrastructure will continue in many areas, providing some offsetting support.
World demand for industrial valves is projected to climb 4.3 percent annually through 2019 to $98.5 billion. Market advances will be stimulated by growth in chemicals and other process manufacturing output, electric power generation, and construction activity in a generally healthy economic environment. Ongoing efforts to expand water infrastructures in developing countries and maintain or upgrade water and wastewater treatment and distribution systems in developed nations will also contribute to sales increases through 2019. Dollar gains will be boosted as well by greater use of “smart” valves and actuators and other better performing, higher priced items.
China to post strongest gains of any national market
Industrial valve market growth in developing parts of Asia, the Africa/ Mideast region, Central and South America, and Eastern Europe will outpace product demand in Western Europe, Japan, South Korea, and the US. China will post the strongest advances of any national market in value terms, accounting for 23 percent of all additional valve sales on a global basis. India, a considerably smaller but still sizable valve market, will register larger gains in percentage terms. A number of smaller national markets are also expected to record healthy sales increases. Gains in US valve demand will be bolstered by growth in business investment spending as economic conditions continue to improve. Product sales in Western Europe and Japan will also expand. However, market advances in these areas will lag those in most other parts of the world, limited by below average increases in process manufacturing output and associated fixed investment expenditures.
Automatic valves to outpace standard types
Automatic valves are forecast to continue growing at a faster pace than sales of standard hand-operated valves. This shift in market share away from standard valves is driven by the advantages that automatic valves offer, which include improved safety and reduced operating costs. Automatic valves are also used in inaccessible and remote locations where manual operation is impractical. The fastest sales gains of any major product type will be posted by automatic actuators, fueled by valve users’ ongoing efforts to automate standard valve operation by installing automatic actuators as a less costly alternative to replacing units with automatic valves.
Process manufacturing to be fastest growing market
Process manufacturing is the largest market for industrial valves internationally, reflecting the wide range of applications and significant fluid handling requirements in many of the industries included here. Process manufacturing valve demand will also expand faster than product sales in other major valve markets, which include oil and gas, water infrastructure, and other miscellaneous applications such as construction, electric utilities, and mining. Advances will be stimulated by both increases in process manufacturing output and the introduction of new specialty valves, which will help boost replacement demand. The oil and gas market will register the slowest increases due to low oil and gas prices, although new drilling activity and the construction of related oil and gas infrastructure will continue in many areas, providing some offsetting support.
INTRODUCTION xiv
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Historical Trends 5
World Economic Outlook 7
World Fixed Investment Overview 10
World Process Manufacturing Outlook 12
World Energy Overview 15
Energy Supplies 16
Oil & Gas Production 18
Electric Power Generation 21
World Water Utilization Trends 23
World Construction Outlook 26
Pricing Patterns 28
Technological Trends 30
Legal & Regulatory Environment 32
Remanufactured Valves 34
III. OVERVIEW 36
General 36
Regional Overview 37
Demand 37
Production 43
International Trade 45
Demand by Product 46
Standard Valves 49
Multiturn 50
Quarterturn 53
Other 56
Automatic Valves 61
Control 63
Regulator 66
Actuators 68
Demand by Market 70
Process Manufacturing 72
Water Infrastructure 74
Oil & Gas 76
Other 79
IV. NORTH AMERICA 84
Economic Overview 84
Industrial Valve Supply & Demand 85
Industrial Valve Market Outlook 89
United States 90
Canada 96
Mexico 102
V. WESTERN EUROPE 109
Economic Overview 109
Industrial Valve Supply & Demand 110
Industrial Valve Market Outlook 114
Germany 115
France 121
Italy 127
United Kingdom 133
Spain 139
Netherlands 145
Other Western Europe 151
Belgium 158
Austria 159
All Other 160
VI. ASIA/PACIFIC 162
Economic Overview 162
Industrial Valve Supply & Demand 163
Industrial Valve Market Outlook 167
China 168
Japan 176
South Korea 181
India 187
Australia 194
Indonesia 199
Taiwan 206
Thailand 211
Malaysia 216
Other Asia/Pacific 223
Singapore 229
All Other 230
VII. OTHER REGIONS 232
Central & South America 232
Economic Overview 232
Industrial Valve Supply & Demand 233
Industrial Valve Market Outlook 237
Brazil 238
Other Central & South America 244
Argentina 250
All Other 251
Eastern Europe 252
Economic Overview 252
Industrial Valve Supply & Demand 253
Industrial Valve Market Outlook 257
Russia 258
Poland 264
Other Eastern Europe 269
Czech Republic 276
All Other 277
Africa/Mideast 278
Economic Overview 278
Industrial Valve Supply & Demand 279
Industrial Valve Market Outlook 283
Saudi Arabia 284
Turkey 290
Other Africa/Mideast 295
Iran 302
South Africa 304
All Other 304
VIII. INDUSTRY STRUCTURE 306
General 306
Industry Composition 307
Market Share 309
Product Development & Manufacturing 313
Marketing & Distribution 315
Cooperative Agreements 316
Mergers, Acquisitions, & Divestitures 318
Company Profiles 324
Aalberts Industries NV 325
Alfa Laval AB 330
Aliaxis SA 334
Ames Fire & Waterworks, see Watts Water Technologies
Apex Valves, see Watts Water Technologies
ASCO Valve, see Emerson Electric
Astore Valves and Fittings, see Aliaxis
AUMA Riester GmbH & Co. KG 341
AVK Holding A/S 343
Barksdale, see Crane
Bettis, see Emerson Electric
Bopp & Reuther Messtechnik, see IMI
BROEN A/S, see Aalberts Industries
Bröer Holding GmbH 349
BSM Valves Holding, see Aalberts Industries
Cameron International Corporation 351
CERA SYSTEM Verschleißschutz, see Samson
Mess-Und Regeltechnik
China Valves Technology Incorporated 356
China Yuanda Valve Group Company Limited 358
CIRCOR International Incorporated 359
Circle Seal Controls, see CIRCOR International
CKD Corporation 365
Clow Valve, see McWane
Conbraco Industries, see Aalberts Industries
Crane Company 367
Curtiss-Wright Corporation 372
Danfoss A/S 377
Daniel Measurement and Control, see Emerson Electric
Delta Industrial Valves, see Weir Group
Douglas Chero Spa, see Cameron International
Ebro Armaturen Gebrüder Bröer, see Bröer Holding
Elkhart Products, see Aalberts Industries
Emerson Electric Company 380
Enertech, see Curtiss-Wright
Eusebi Impianti, see VALVITALIA
Farris, see Curtiss-Wright
Festo AG & Company 388
Formatura Iniezione Polimeri, see Aliaxis
Fischer (Georg) Limited 390
Fisher Controls International, see Emerson Electric
Flowserve Corporation 394
Friatec, see Aliaxis
Fujikin Incorporated 398
Gebrüder Bröer, see Bröer Holding
General Electric Company 399
Glynwed Pipe Systems, see Aliaxis
GO Regulator, see CIRCOR International
Hale Hamilton Valves, see CIRCOR International
Harrington Industrial Plastics, see Aliaxis
Henry Pratt, see Mueller Water Products
Hunter Plastics, see Aliaxis
Hydro-Aire, see Crane
IMI plc 402
InterApp, see AVK Holding
IPEX, see Aliaxis
Kennedy Valve, see McWane
KITZ Corporation 408
KSB AG 411
Larsen & Toubro Limited 416
LESER GmbH & Company KG 417
Leslie Controls, see CIRCOR International
LEUSCH, see Samson Mess-Und Regeltechnik
Lined Valve, see Mueller Water Products
M&H Valve, see McWane
McWane Incorporated 420
Meibes System-Technik, see Aalberts Industries
Metso Corporation 422
Micro Pneumatics Private, see KITZ
Mueller Steam Specialty, see Watts Water Technologies
Mueller Water Products Incorporated 426
NACO Industries, see Aliaxis
Neway Valve Suzhou Company Limited 430
Newco Valves, see Cameron International
Nexus Valve, see Aalberts Industries
OneSubsea, see Cameron International
Orbinox Valves International, see AVK Holding
Paling Industries Sdn Bhd, see Aliaxis
Parker-Hannifin Corporation 433
Pegler Yorkshire Group, see Aalberts Industries
Pentair plc 441
PetrolValves SrL 446
Pfeiffer Chemie-Armaturenbau, see Samson
Mess-Und Regeltechnik
PGI, see Parker-Hannifin
Philmac Proprietary, see Aliaxis
Phönix Holding, see Curtiss-Wright
Premier Valves Proprietary, see AVK Holding
President Engineering Group, see Parker-Hannifin
Redi, see Aliaxis
Regeltechnik Kornwestheim, see CIRCOR International
Rexnord Corporation 448
Ringo Válvulas SLL, see Samson Mess-Und
Regeltechnik
RX Plastics, see Aliaxis
Saint-Gobain 450
Samson AG Mess-Und Regeltechnik 453
Saunders, see Crane
Schroedahl ARAPP Spezial Armaturen, see CIRCOR
International
Sea Tech, see Watts Water Technologies
SED Flow Control, see Aliaxis
Sempell, see Pentair
Shanghai Neles-Jamesbury Valve, see Metso
SMC Corporation 457
Socla, see Watts Water Technologies
Solent & Pratt, see Curtiss-Wright
Spence Engineering, see CIRCOR International
Sporlan, see Parker-Hannifin
SPX Flow Incorporated 458
Stafsjö Valves, see Bröer Holding
STARLINE, see Samson Mess-Und Regeltechnik
Stratoflex Products, see Parker-Hannifin
Target Rock, see Curtiss-Wright
Tescom, see Emerson Electric
Universal Hardware and Plastics Factory, see Aliaxis
VAG-Armaturen, see Rexnord
VALVITALIA SpA 462
Velan Incorporated 464
Veriflo, see Parker-Hannifin
Vinidex Proprietary, see Aliaxis
Vinilit, see Aliaxis
Virgo Valves and Controls, see Emerson Electric
VTI Ventil Technik, see Aalberts Industries
Watts Water Technologies Incorporated 466
Weir Group plc 471
Xomox, see Crane
Xylem Incorporated 475
Other Companies Mentioned in Study 477
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 9
2 World Gross Fixed Investment by Region 12
3 World Process Manufacturing Value Added by Product
& Region 15
4 World Energy Production by Type 18
5 World Oil & Gas Production by Resource & Region 21
6 World Electric Power Generation by Region 23
7 World Nonagricultural Water Use by Region 25
8 World Construction Expenditures by Type & Region 28
SECTION III -- OVERVIEW
1 World Industrial Valve Demand by Region 40
2 World Industrial Valve Shipments by Region 44
3 World Industrial Valve Net Exports by Region 46
4 World Industrial Valve Demand by Product 47
5 World Standard Valve Demand by Region 50
6 World Multiturn Valve Demand by Region 53
7 World Quarterturn Valve Demand by Region 56
8 World Demand for Other Standard Valves by Region 61
9 World Automatic Valve Demand by Region 63
10 World Control Valve Demand by Region 66
11 World Regulator Valve Demand by Region 68
12 World Automatic Actuator Demand by Region 70
13 World Industrial Valve Demand by Market 71
14 World Process Manufacturing Valve Demand by Region 74
15 World Water Infrastructure Valve Demand by Region 76
16 World Oil & Gas Valve Demand by Region 79
17 World Demand for Industrial Valves Used in Other Markets
by Region 83
SECTION IV -- NORTH AMERICA
1 North America: Industrial Valve Supply & Demand 87
2 North America: Industrial Valve Demand by Product
& Market 90
3 United States: Industrial Valve Supply & Demand 94
4 United States: Industrial Valve Demand by Product
& Market 96
5 Canada: Industrial Valve Supply & Demand 100
6 Canada: Industrial Valve Demand by Product & Market 102
7 Mexico: Industrial Valve Supply & Demand 106
8 Mexico: Industrial Valve Demand by Product & Market 108
SECTION V -- WESTERN EUROPE
1 Western Europe: Industrial Valve Supply & Demand 112
2 Western Europe: Industrial Valve Demand by Product
& Market 115
3 Germany: Industrial Valve Supply & Demand 119
4 Germany: Industrial Valve Demand by Product & Market 121
5 France: Industrial Valve Supply & Demand 125
6 France: Industrial Valve Demand by Product & Market 127
7 Italy: Industrial Valve Supply & Demand 131
8 Italy: Industrial Valve Demand by Product & Market 133
9 United Kingdom: Industrial Valve Supply & Demand 137
10 United Kingdom: Industrial Valve Demand by Product
& Market 139
11 Spain: Industrial Valve Supply & Demand 143
12 Spain: Industrial Valve Demand by Product & Market 145
13 Netherlands: Industrial Valve Supply & Demand 149
14 Netherlands: Industrial Valve Demand by Product
& Market 151
15 Other Western Europe: Industrial Valve Supply & Demand 155
16 Other Western Europe: Industrial Valve Demand by Product
& Market 157
17 Other Western Europe: Industrial Valve Supply & Demand
by Country 158
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Industrial Valve Supply & Demand 165
LIST OF TABLES
2 Asia/Pacific: Industrial Valve Demand by Product
& Market 168
3 China: Industrial Valve Supply & Demand 173
4 China: Industrial Valve Demand by Product & Market 175
5 Japan: Industrial Valve Supply & Demand 179
6 Japan: Industrial Valve Demand by Product & Market 181
7 South Korea: Industrial Valve Supply & Demand 185
8 South Korea: Industrial Valve Demand by Product
& Market 187
9 India: Industrial Valve Supply & Demand 191
10 India: Industrial Valve Demand by Product & Market 193
11 Australia: Industrial Valve Supply & Demand 197
12 Australia: Industrial Valve Demand by Product & Market 199
13 Indonesia: Industrial Valve Supply & Demand 203
14 Indonesia: Industrial Valve Demand by Product & Market 205
15 Taiwan: Industrial Valve Supply & Demand 209
16 Taiwan: Industrial Valve Demand by Product & Market 211
17 Thailand: Industrial Valve Supply & Demand 214
18 Thailand: Industrial Valve Demand by Product & Market 216
19 Malaysia: Industrial Valve Supply & Demand 219
20 Malaysia: Industrial Valve Demand by Product & Market 222
21 Other Asia/Pacific: Industrial Valve Supply & Demand 226
22 Other Asia/Pacific: Industrial Valve Demand by Product
& Market 228
23 Other Asia/Pacific: Industrial Valve Supply & Demand
by Country 229
SECTION VII -- OTHER REGIONS
1 Central & South America: Industrial Valve Supply
& Demand 235
2 Central & South America: Industrial Valve Demand
by Product & Market 238
3 Brazil: Industrial Valve Supply & Demand 242
4 Brazil: Industrial Valve Demand by Product & Market 244
5 Other Central & South America: Industrial Valve Supply
& Demand 247
6 Other Central & South America: Industrial Valve Demand
by Product & Market 249
7 Other Central & South America: Industrial Valve Supply
& Demand by Country 250
8 Eastern Europe: Industrial Valve Supply & Demand 255
9 Eastern Europe: Industrial Valve Demand by Product
& Market 258
10 Russia: Industrial Valve Supply & Demand 262
11 Russia: Industrial Valve Demand by Product & Market 264
12 Poland: Industrial Valve Supply & Demand 267
13 Poland: Industrial Valve Demand by Product & Market 269
14 Other Eastern Europe: Industrial Valve Supply & Demand 273
15 Other Eastern Europe: Industrial Valve Demand by Product
& Market 275
16 Other Eastern Europe: Industrial Valve Supply & Demand
by Country 276
17 Africa/Mideast: Industrial Valve Supply & Demand 281
18 Africa/Mideast: Industrial Valve Demand by Product
& Market 284
19 Saudi Arabia: Industrial Valve Supply & Demand 288
20 Saudi Arabia: Industrial Valve Demand by Product
& Market 290
21 Turkey: Industrial Valve Supply & Demand 293
22 Turkey: Industrial Valve Demand by Product & Market 295
23 Other Africa/Mideast: Industrial Valve Supply & Demand 299
24 Other Africa/Mideast: Industrial Valve Demand by Product
& Market 301
25 Other Africa/Mideast: Industrial Valve Supply & Demand
by Country 302
SECTION VIII -- INDUSTRY STRUCTURE
1 World Industrial Valve Sales by Company, 2014 308
2 Selected Cooperative Agreements 317
3 Selected Acquisitions & Divestitures 321
SECTION II -- MARKET ENVIRONMENT
1 World Industrial Valve Prices, 2004-2024 30
SECTION III -- OVERVIEW
1 World Industrial Valve Demand by Region, 2014 41
2 World Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth 42
3 World Industrial Valve Shipments by Region, 2014 45
4 World Industrial Valve Demand by Product, 2014 48
5 World Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth by Product 48
6 World Industrial Valve Demand by Market, 2014 71
7 World Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth by Market 72
SECTION IV -- NORTH AMERICA
1 North America: Industrial Valve Demand by Country, 2014 88
2 North America Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 88
SECTION V -- WESTERN EUROPE
1 Western Europe: Industrial Valve Demand
by Country, 2014 113
2 Western Europe Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 113
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Industrial Valve Demand by Country, 2014 166
2 Asia/Pacific Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth by Country 166
SECTION VII -- OTHER REGIONS
1 Central & South America: Industrial Valve Demand
by Country, 2014 236
2 Central & South America Industrial Valve Demand:
Projected 2014-2019 Annual Rate of Growth by Country 236
3 Eastern Europe: Industrial Valve Demand by Country, 2014 256
4 Eastern Europe Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 256
5 Africa/Mideast: Industrial Valve Demand by Country, 2014 282
6 Africa/Mideast Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 282
SECTION VIII -- INDUSTRY STRUCTURE
1 World Industrial Valve Market Share, 2014 309
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Historical Trends 5
World Economic Outlook 7
World Fixed Investment Overview 10
World Process Manufacturing Outlook 12
World Energy Overview 15
Energy Supplies 16
Oil & Gas Production 18
Electric Power Generation 21
World Water Utilization Trends 23
World Construction Outlook 26
Pricing Patterns 28
Technological Trends 30
Legal & Regulatory Environment 32
Remanufactured Valves 34
III. OVERVIEW 36
General 36
Regional Overview 37
Demand 37
Production 43
International Trade 45
Demand by Product 46
Standard Valves 49
Multiturn 50
Quarterturn 53
Other 56
Automatic Valves 61
Control 63
Regulator 66
Actuators 68
Demand by Market 70
Process Manufacturing 72
Water Infrastructure 74
Oil & Gas 76
Other 79
IV. NORTH AMERICA 84
Economic Overview 84
Industrial Valve Supply & Demand 85
Industrial Valve Market Outlook 89
United States 90
Canada 96
Mexico 102
V. WESTERN EUROPE 109
Economic Overview 109
Industrial Valve Supply & Demand 110
Industrial Valve Market Outlook 114
Germany 115
France 121
Italy 127
United Kingdom 133
Spain 139
Netherlands 145
Other Western Europe 151
Belgium 158
Austria 159
All Other 160
VI. ASIA/PACIFIC 162
Economic Overview 162
Industrial Valve Supply & Demand 163
Industrial Valve Market Outlook 167
China 168
Japan 176
South Korea 181
India 187
Australia 194
Indonesia 199
Taiwan 206
Thailand 211
Malaysia 216
Other Asia/Pacific 223
Singapore 229
All Other 230
VII. OTHER REGIONS 232
Central & South America 232
Economic Overview 232
Industrial Valve Supply & Demand 233
Industrial Valve Market Outlook 237
Brazil 238
Other Central & South America 244
Argentina 250
All Other 251
Eastern Europe 252
Economic Overview 252
Industrial Valve Supply & Demand 253
Industrial Valve Market Outlook 257
Russia 258
Poland 264
Other Eastern Europe 269
Czech Republic 276
All Other 277
Africa/Mideast 278
Economic Overview 278
Industrial Valve Supply & Demand 279
Industrial Valve Market Outlook 283
Saudi Arabia 284
Turkey 290
Other Africa/Mideast 295
Iran 302
South Africa 304
All Other 304
VIII. INDUSTRY STRUCTURE 306
General 306
Industry Composition 307
Market Share 309
Product Development & Manufacturing 313
Marketing & Distribution 315
Cooperative Agreements 316
Mergers, Acquisitions, & Divestitures 318
Company Profiles 324
Aalberts Industries NV 325
Alfa Laval AB 330
Aliaxis SA 334
Ames Fire & Waterworks, see Watts Water Technologies
Apex Valves, see Watts Water Technologies
ASCO Valve, see Emerson Electric
Astore Valves and Fittings, see Aliaxis
AUMA Riester GmbH & Co. KG 341
AVK Holding A/S 343
Barksdale, see Crane
Bettis, see Emerson Electric
Bopp & Reuther Messtechnik, see IMI
BROEN A/S, see Aalberts Industries
Bröer Holding GmbH 349
BSM Valves Holding, see Aalberts Industries
Cameron International Corporation 351
CERA SYSTEM Verschleißschutz, see Samson
Mess-Und Regeltechnik
China Valves Technology Incorporated 356
China Yuanda Valve Group Company Limited 358
CIRCOR International Incorporated 359
Circle Seal Controls, see CIRCOR International
CKD Corporation 365
Clow Valve, see McWane
Conbraco Industries, see Aalberts Industries
Crane Company 367
Curtiss-Wright Corporation 372
Danfoss A/S 377
Daniel Measurement and Control, see Emerson Electric
Delta Industrial Valves, see Weir Group
Douglas Chero Spa, see Cameron International
Ebro Armaturen Gebrüder Bröer, see Bröer Holding
Elkhart Products, see Aalberts Industries
Emerson Electric Company 380
Enertech, see Curtiss-Wright
Eusebi Impianti, see VALVITALIA
Farris, see Curtiss-Wright
Festo AG & Company 388
Formatura Iniezione Polimeri, see Aliaxis
Fischer (Georg) Limited 390
Fisher Controls International, see Emerson Electric
Flowserve Corporation 394
Friatec, see Aliaxis
Fujikin Incorporated 398
Gebrüder Bröer, see Bröer Holding
General Electric Company 399
Glynwed Pipe Systems, see Aliaxis
GO Regulator, see CIRCOR International
Hale Hamilton Valves, see CIRCOR International
Harrington Industrial Plastics, see Aliaxis
Henry Pratt, see Mueller Water Products
Hunter Plastics, see Aliaxis
Hydro-Aire, see Crane
IMI plc 402
InterApp, see AVK Holding
IPEX, see Aliaxis
Kennedy Valve, see McWane
KITZ Corporation 408
KSB AG 411
Larsen & Toubro Limited 416
LESER GmbH & Company KG 417
Leslie Controls, see CIRCOR International
LEUSCH, see Samson Mess-Und Regeltechnik
Lined Valve, see Mueller Water Products
M&H Valve, see McWane
McWane Incorporated 420
Meibes System-Technik, see Aalberts Industries
Metso Corporation 422
Micro Pneumatics Private, see KITZ
Mueller Steam Specialty, see Watts Water Technologies
Mueller Water Products Incorporated 426
NACO Industries, see Aliaxis
Neway Valve Suzhou Company Limited 430
Newco Valves, see Cameron International
Nexus Valve, see Aalberts Industries
OneSubsea, see Cameron International
Orbinox Valves International, see AVK Holding
Paling Industries Sdn Bhd, see Aliaxis
Parker-Hannifin Corporation 433
Pegler Yorkshire Group, see Aalberts Industries
Pentair plc 441
PetrolValves SrL 446
Pfeiffer Chemie-Armaturenbau, see Samson
Mess-Und Regeltechnik
PGI, see Parker-Hannifin
Philmac Proprietary, see Aliaxis
Phönix Holding, see Curtiss-Wright
Premier Valves Proprietary, see AVK Holding
President Engineering Group, see Parker-Hannifin
Redi, see Aliaxis
Regeltechnik Kornwestheim, see CIRCOR International
Rexnord Corporation 448
Ringo Válvulas SLL, see Samson Mess-Und
Regeltechnik
RX Plastics, see Aliaxis
Saint-Gobain 450
Samson AG Mess-Und Regeltechnik 453
Saunders, see Crane
Schroedahl ARAPP Spezial Armaturen, see CIRCOR
International
Sea Tech, see Watts Water Technologies
SED Flow Control, see Aliaxis
Sempell, see Pentair
Shanghai Neles-Jamesbury Valve, see Metso
SMC Corporation 457
Socla, see Watts Water Technologies
Solent & Pratt, see Curtiss-Wright
Spence Engineering, see CIRCOR International
Sporlan, see Parker-Hannifin
SPX Flow Incorporated 458
Stafsjö Valves, see Bröer Holding
STARLINE, see Samson Mess-Und Regeltechnik
Stratoflex Products, see Parker-Hannifin
Target Rock, see Curtiss-Wright
Tescom, see Emerson Electric
Universal Hardware and Plastics Factory, see Aliaxis
VAG-Armaturen, see Rexnord
VALVITALIA SpA 462
Velan Incorporated 464
Veriflo, see Parker-Hannifin
Vinidex Proprietary, see Aliaxis
Vinilit, see Aliaxis
Virgo Valves and Controls, see Emerson Electric
VTI Ventil Technik, see Aalberts Industries
Watts Water Technologies Incorporated 466
Weir Group plc 471
Xomox, see Crane
Xylem Incorporated 475
Other Companies Mentioned in Study 477
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 9
2 World Gross Fixed Investment by Region 12
3 World Process Manufacturing Value Added by Product
& Region 15
4 World Energy Production by Type 18
5 World Oil & Gas Production by Resource & Region 21
6 World Electric Power Generation by Region 23
7 World Nonagricultural Water Use by Region 25
8 World Construction Expenditures by Type & Region 28
SECTION III -- OVERVIEW
1 World Industrial Valve Demand by Region 40
2 World Industrial Valve Shipments by Region 44
3 World Industrial Valve Net Exports by Region 46
4 World Industrial Valve Demand by Product 47
5 World Standard Valve Demand by Region 50
6 World Multiturn Valve Demand by Region 53
7 World Quarterturn Valve Demand by Region 56
8 World Demand for Other Standard Valves by Region 61
9 World Automatic Valve Demand by Region 63
10 World Control Valve Demand by Region 66
11 World Regulator Valve Demand by Region 68
12 World Automatic Actuator Demand by Region 70
13 World Industrial Valve Demand by Market 71
14 World Process Manufacturing Valve Demand by Region 74
15 World Water Infrastructure Valve Demand by Region 76
16 World Oil & Gas Valve Demand by Region 79
17 World Demand for Industrial Valves Used in Other Markets
by Region 83
SECTION IV -- NORTH AMERICA
1 North America: Industrial Valve Supply & Demand 87
2 North America: Industrial Valve Demand by Product
& Market 90
3 United States: Industrial Valve Supply & Demand 94
4 United States: Industrial Valve Demand by Product
& Market 96
5 Canada: Industrial Valve Supply & Demand 100
6 Canada: Industrial Valve Demand by Product & Market 102
7 Mexico: Industrial Valve Supply & Demand 106
8 Mexico: Industrial Valve Demand by Product & Market 108
SECTION V -- WESTERN EUROPE
1 Western Europe: Industrial Valve Supply & Demand 112
2 Western Europe: Industrial Valve Demand by Product
& Market 115
3 Germany: Industrial Valve Supply & Demand 119
4 Germany: Industrial Valve Demand by Product & Market 121
5 France: Industrial Valve Supply & Demand 125
6 France: Industrial Valve Demand by Product & Market 127
7 Italy: Industrial Valve Supply & Demand 131
8 Italy: Industrial Valve Demand by Product & Market 133
9 United Kingdom: Industrial Valve Supply & Demand 137
10 United Kingdom: Industrial Valve Demand by Product
& Market 139
11 Spain: Industrial Valve Supply & Demand 143
12 Spain: Industrial Valve Demand by Product & Market 145
13 Netherlands: Industrial Valve Supply & Demand 149
14 Netherlands: Industrial Valve Demand by Product
& Market 151
15 Other Western Europe: Industrial Valve Supply & Demand 155
16 Other Western Europe: Industrial Valve Demand by Product
& Market 157
17 Other Western Europe: Industrial Valve Supply & Demand
by Country 158
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Industrial Valve Supply & Demand 165
LIST OF TABLES
2 Asia/Pacific: Industrial Valve Demand by Product
& Market 168
3 China: Industrial Valve Supply & Demand 173
4 China: Industrial Valve Demand by Product & Market 175
5 Japan: Industrial Valve Supply & Demand 179
6 Japan: Industrial Valve Demand by Product & Market 181
7 South Korea: Industrial Valve Supply & Demand 185
8 South Korea: Industrial Valve Demand by Product
& Market 187
9 India: Industrial Valve Supply & Demand 191
10 India: Industrial Valve Demand by Product & Market 193
11 Australia: Industrial Valve Supply & Demand 197
12 Australia: Industrial Valve Demand by Product & Market 199
13 Indonesia: Industrial Valve Supply & Demand 203
14 Indonesia: Industrial Valve Demand by Product & Market 205
15 Taiwan: Industrial Valve Supply & Demand 209
16 Taiwan: Industrial Valve Demand by Product & Market 211
17 Thailand: Industrial Valve Supply & Demand 214
18 Thailand: Industrial Valve Demand by Product & Market 216
19 Malaysia: Industrial Valve Supply & Demand 219
20 Malaysia: Industrial Valve Demand by Product & Market 222
21 Other Asia/Pacific: Industrial Valve Supply & Demand 226
22 Other Asia/Pacific: Industrial Valve Demand by Product
& Market 228
23 Other Asia/Pacific: Industrial Valve Supply & Demand
by Country 229
SECTION VII -- OTHER REGIONS
1 Central & South America: Industrial Valve Supply
& Demand 235
2 Central & South America: Industrial Valve Demand
by Product & Market 238
3 Brazil: Industrial Valve Supply & Demand 242
4 Brazil: Industrial Valve Demand by Product & Market 244
5 Other Central & South America: Industrial Valve Supply
& Demand 247
6 Other Central & South America: Industrial Valve Demand
by Product & Market 249
7 Other Central & South America: Industrial Valve Supply
& Demand by Country 250
8 Eastern Europe: Industrial Valve Supply & Demand 255
9 Eastern Europe: Industrial Valve Demand by Product
& Market 258
10 Russia: Industrial Valve Supply & Demand 262
11 Russia: Industrial Valve Demand by Product & Market 264
12 Poland: Industrial Valve Supply & Demand 267
13 Poland: Industrial Valve Demand by Product & Market 269
14 Other Eastern Europe: Industrial Valve Supply & Demand 273
15 Other Eastern Europe: Industrial Valve Demand by Product
& Market 275
16 Other Eastern Europe: Industrial Valve Supply & Demand
by Country 276
17 Africa/Mideast: Industrial Valve Supply & Demand 281
18 Africa/Mideast: Industrial Valve Demand by Product
& Market 284
19 Saudi Arabia: Industrial Valve Supply & Demand 288
20 Saudi Arabia: Industrial Valve Demand by Product
& Market 290
21 Turkey: Industrial Valve Supply & Demand 293
22 Turkey: Industrial Valve Demand by Product & Market 295
23 Other Africa/Mideast: Industrial Valve Supply & Demand 299
24 Other Africa/Mideast: Industrial Valve Demand by Product
& Market 301
25 Other Africa/Mideast: Industrial Valve Supply & Demand
by Country 302
SECTION VIII -- INDUSTRY STRUCTURE
1 World Industrial Valve Sales by Company, 2014 308
2 Selected Cooperative Agreements 317
3 Selected Acquisitions & Divestitures 321
SECTION II -- MARKET ENVIRONMENT
1 World Industrial Valve Prices, 2004-2024 30
SECTION III -- OVERVIEW
1 World Industrial Valve Demand by Region, 2014 41
2 World Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth 42
3 World Industrial Valve Shipments by Region, 2014 45
4 World Industrial Valve Demand by Product, 2014 48
5 World Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth by Product 48
6 World Industrial Valve Demand by Market, 2014 71
7 World Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth by Market 72
SECTION IV -- NORTH AMERICA
1 North America: Industrial Valve Demand by Country, 2014 88
2 North America Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 88
SECTION V -- WESTERN EUROPE
1 Western Europe: Industrial Valve Demand
by Country, 2014 113
2 Western Europe Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 113
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific: Industrial Valve Demand by Country, 2014 166
2 Asia/Pacific Industrial Valve Demand: Projected 2014-2019
Annual Rate of Growth by Country 166
SECTION VII -- OTHER REGIONS
1 Central & South America: Industrial Valve Demand
by Country, 2014 236
2 Central & South America Industrial Valve Demand:
Projected 2014-2019 Annual Rate of Growth by Country 236
3 Eastern Europe: Industrial Valve Demand by Country, 2014 256
4 Eastern Europe Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 256
5 Africa/Mideast: Industrial Valve Demand by Country, 2014 282
6 Africa/Mideast Industrial Valve Demand: Projected
2014-2019 Annual Rate of Growth by Country 282
SECTION VIII -- INDUSTRY STRUCTURE
1 World Industrial Valve Market Share, 2014 309
