Market Share of Valves Industry
The global valves market is characterized by moderate competitiveness and features several influential players. Currently, these key actors hold significant market shares and are actively expanding their customer bases internationally. To bolster their market presence and enhance profitability, these industry leaders engage in strategic collaborations. Notable market players include Emerson Co. Ltd., Alfa Laval Corporate AB, Flowserve Corporation, and Crane Co.
In June 2023, Flowserve Corporation made a noteworthy announcement, stating that its Valtek Valdisk high-performance butterfly valve has received licensor approval for use in pressure swing adsorption (PSA) applications. This approval was granted following the successful completion of a rigorous one-million-cycle endurance test. The newly designed valve is specifically tailored for applications in oil refineries, chemical plants, and other facilities where control valves are required to maintain tight shutoff capabilities amidst high cycles and bi-directional flows.
In May 2023, Emerson introduced the ASCO Series 209 proportional flow control valves. These valves are designed to meet the highest standards in terms of pressure rating, precision, energy efficiency, and flow characteristics. They are also compact in architecture. The Series 209 valves enable precise regulation of fluid flow in a wide range of devices that demand exacting performance, such as those used in the Heating, Ventilation, and Air Conditioning (HVAC) industry, medical equipment, and the food and beverage sector.
Valves Market Leaders
Emerson Electric Co.
Schlumberger Limited
Alfa Laval Corporate AB
Flowserve Corporation
Crane Co.
*Disclaimer: Major Players sorted in no particular order
