Global Plastic valves Market Size, Trends & Growth Opportunity, By Type (Solenoid Valves, Butterfly Valves, Other) By application (Automotive, Machinery, Other) By Region and Forecast till 2027
Report ID : QR1001295 | Industries : Chemicals & Materials | Published On :January 2022 | Page Count : 236Global Plastic Valves Market
A Plastic valve is a device that opens, closes, or partially obstructs numerous passages to regulate, direct, or control the flow of a fluid (gases, liquids, fluidized solids, or slurries). Although valves are technically fittings, they are normally considered separately. Fluid moves from higher pressure to lower pressure through an open valve.
Drivers: Plastic valves Market
The Driving Factors of Plastic valves Market are in the automotive and machinery industries, plastic valves are in high demand. Valves of various materials are used extensively in the automobile and manufacturing industries. Plastic valves are becoming more popular due to their corrosion resistance and chemical compatibility. Plastic valves have a number of advantages over metal valves, which is one of the primary factors driving the worldwide Plastic Valves Market.
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Restraints: Plastic valves Market
However, Plastic valves are good, but not as good as metal valves for specific functions, and metal valves give higher long-term reliability than plastic valves. Over the projected period, this factor is expected to restrain the worldwide Plastic Valves Market's growth. However, future improvements in plastic valve technology that make them suited for higher temperatures.
Impact of COVID-19
The outbreak has impacted virtually every firm, and its long-term ramifications are projected to have an impact on industry growth over the forecast period. Our ongoing research is improving our research methodology to ensure that basic COVID-19 difficulties in massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Segmentation by Application:
By application, Plastic valves Market is further classified into Automotive, Machinery, Other. The automotive industry is growing at a quicker rate. Over the projection period, it is expected to develop at a high rate, with CAGR increasing in subsequent years. In the next years, the machinery segment is expected to have a significant market share. Over the forecast period, it is expected to increase at a high rate.
Segmentation by Type
By Type, Plastic valves Market is further classified into Solenoid Valves, Butterfly Valves, Other. Over the projection period, the market for solenoid valves will rise at a quicker rate, with significant growth rates. Over the forecast period, it is expected to have a significant market share, with its CAGR increasing. Butterfly valves are expected to develop slowly in their market during the forecast period, gaining a large market share with a modest CAGR.
Segmentation by Region
By Region the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The increased demand for Plastic valves is predicted to be driven by the region's growing extensively in the automobile and manufacturing industries. From 2016 to 2021, South America is expected to be the second-fastest-growing market. This expansion can be ascribed to the region's Watts Water Technologies industry.
Competitive Landscape:
Emerson, Johnson Controls, ADAMS, Parker Hannifin, Watts Water Technologies, Zwick, Kirloskar, Cameron, Flowserve, and IMI.
Industrial Development:
On 19 October 2021 Emerson has released the first valve assemblies that comply with the International Electrotechnical Commission's IEC 61508 standard's design process standards for Safety Integrity Level (SIL) 3.
ST. LOUIS, MO, 1 OCTOBER 2020 Johnson Controls, an industry-leading provider of industrial internet of things (IIoT), Plastic valves, human machine interface (HMI), and supervisory control and valves acquisition (SCADA) technologies, has been acquired by Emerson (NYSE: EMR).
Market taxonomy
By Type
- Solenoid Valves
- Butterfly Valves
- Other
By application
- Automotive
- Machinery
- Other
By region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Plastic valves Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Plastic valves Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Plastic valves Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Plastic valves Market Share Analysis, By Type
5.3 Plastic valves Market Size and Forecast, By Type
5.3.1 RCF
5.3.2 AES Wool
5.3.3 Others
6 Plastic valves Market, By application
6.1 Y-o-Y Growth Comparison, By application
6.2 Plastic valves Market Share Analysis, By application
6.3 Plastic valves Market Size and Forecast, By application
6.3.1 Blanket
6.3.2 Module
6.3.3 Board
6.3.4 Paper
6.3.5 Others
7 Plastic valves Market, By Region
7.1 Plastic valves Market Share Analysis, By Region
7.2 Plastic valves Market Share Analysis, By Region
7.3 Plastic valves Market Size and Forecast, By Region
8 North America Plastic Valves Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Plastic Valves Market Share Analysis, By Type
8.3 North America Plastic Valves Market Size and Forecast, By application
8.4 North America Plastic Valves Market Size and Forecast, By End User
8.5 North America Plastic Valves Market Size and Forecast, By Country
8.5.1 U.S.
8.5.2 Canada
8.5.3 Mexico
9 Europe Plastic valves Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Plastic valves Market Share Analysis, By Type
9.3 Europe Plastic valves Market Size and Forecast, By application
9.4 Europe Plastic valves Market Size and Forecast, By End User
9.5 Europe Plastic valves Market Size and Forecast, By Country
9.5.1 Germany
9.5.2 France
9.5.3 UK
9.5.4. Rest of Europe
10 Asia Pacific Plastic valves Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Plastic valves Market Share Analysis, By Type
10.3 Asia Pacific Plastic valves Market Size and Forecast, By application
10.4 Asia Pacific Plastic valves Market Size and Forecast, By End User
10.5 Asia Pacific Plastic valves Market Size and Forecast, By Country
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4. Rest of Asia Pacific
11 Latin America Plastic Valves Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Plastic Valves Market Share Analysis, By Type
11.3 Latin America Plastic Valves Market Size and Forecast, By application
11.4 Latin America Plastic Valves Market Size and Forecast, By End User
11.5 Latin America Plastic Valves Market Size and Forecast, Country
11.5.1. Brazil
11.5.2. Rest of Latin America
12 Middle East Plastic Valves Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Plastic Valves Market Share Analysis, By Type
12.3 Middle East Plastic Valves Market Size and Forecast, By application
12.4 Middle East Plastic Valves Market Size and Forecast, By End User
12.5 Middle East Plastic Valves Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.5.2. UAE
12.5.3. Egypt
12.5.4. Kuwait
12.5.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Emerson
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Johnson Controls
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. ADAMS
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Parker Hannifin
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Watts Water Technologies
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Zwick
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Kirloskar
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Cameron
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Flowserve
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 IMI
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies