Market Share of Global Globe Valve Industry
The market is moderately fragmented, with the presence of major players such as Alfa Laval, Circor International Inc., Danfoss AS, Emerson Electric Co., Flowserve Corporation, and more. The companies are focused on innovating new products based on the demand for various industries. Also, companies are participating in collaborations and investments to further drive the market during the forecast period.
- May 2022 - Flowserve Corporation announced that it has been awarded an agreement to provide control and ball valves to OMV's chemical recycling demonstration plant in the city of Schwechat, Austria, located around 16 km southeast of Vienna.
- August 2021 - Danfoss AS, provider of a very wide range of high-performance valves, has officially completed the USD 3.3 billion acquisition of Eaton's hydraulics business. With this move, the Danfoss Group will grow to one-third and establish itself as one of the world's leading mobile and industrial hydraulics suppliers.
Globe Valve Market Leaders
Emerson Electric Co.
Baker Hughes Company
Danfoss AS
Flowserve Corporation
Crane Co.
*Disclaimer: Major Players sorted in no particular order
