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Instrumentation Valves and Fittings Market by Material, Product (Valves, Fittings, Actuators), Industry (Semiconductor, Oil & Gas, Food & Beverages, Chemicals, Healthcare, Pulp & Paper, Energy & Power), and Region - Global Forecast to 2025

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Date: 07-Jan-2020
No. of pages: 120
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“Instrumentation valves and fittings market to grow at 3.0% CAGR from 2019 to 2025”

The global instrumentation valves and fittings market size is expected to grow from USD 3.2 billion in 2019 to USD 3.9 billion by 2025, at a CAGR of 3.0%.The uptrend in the oil & gas industry, mainly in the upstream sector, growth in the electronics & semiconductor industry and a large number of coal-based power projects in the Asian region, and increasing automation are creating scope for the instrumentation valves and fittings market. However, lack of standardization and policy issues are likely to hinder the growth of the instrumentation valves and fittings industry in the future.

“Stainless steel material to dominate instrumentation valves and fittings market during forecast period”

The instrumentation valves and fittings industry is expected to witness limited product development and innovation in the coming years. Productivity improvement, cost control, and solid inventory planning will be the major focus areas of the manufacturers to improve profit margins in the coming years. Manufacturers will look to incorporate new products with tough materials for construction of valve body to increase their strength, mechanical properties, and reliability while reducing the material cost during manufacturing. Instrumentation valves manufactured from stainless steel are expected to hold a major share of the instrumentation valves and fittings market during the forecast period. This is attributed owing to their high demand in the end-use industries, including oil & gas, chemicals, healthcare, and semiconductors.

“Market for valves to grow at highest CAGR from 2019 to 2024”

Valves play a crucial role in the growth of the instrumentation valves and fittings market. Ball valves are used extensively owing to their low pressure drop and the ability to open and close quickly. These valves are used in various transmission, storage, and gas processing applications across industries. Check valves are mainly used in wastewater, portable water, and irrigation applications; these valves also find use in process, mining, food & beverages, oil & gas, and pharmaceuticals industries. The growing use of instrumentation valves in various end-user industries, including oil & gas, healthcare, and chemicals, is fueling the growth of the valves market. As a result, the valves offerings segment is expected to grow at a higher CAGR during the forecast period.

“Oil & gas to dominate instrumentation valves and fittings market (in terms of share) during forecast period”

Instrumentation valves and fittings are used in the oil & gas industry in offshore rigs, refinery plants, and gas handling systems. Valves and fittings used in the oil & gas industry should be able to withstand harsh environmental conditions. As a result, maintenance, repair, and operations (MRO) activities are crucial for valves used in the oil & gas industry. Oil & gas is a cyclical industry; hence, players of this industry procure instrumentation valves and fittings to minimize dependency on suppliers. Over the past few years, oil & gas products have witnessed strong demand from developing nations. Such continuously increasing demand for oil and gas products is expected to drive the instrumentation valves and fittings market.

“APAC to grow at highest CAGR in instrumentation valves and fittings market during forecast period.”

Major semiconductor players, such as Sony, Samsung, LG, and TSMC, have their presence in APAC. Instrumentation valves and fittings are used in fabrication and manufacturing processes of the semiconductor industry. The food & beverages industry in India and China is experiencing rapid growth. Many food & beverages industry players are upgrading their facilities to match international standards. Increased focus on cleanliness and hygiene will boost the demand for ultraclean valves. Hence, the penetration of instrumentation valves and fittings is expected to increase between 2019 and 2025. APAC is witnessing a surge in smart city projects, which is also creating demand for instrumentation valves and fittings products. In recent years, APAC has witnessed tremendous economic growth, political transformation, and social change. Organizations in APAC are expected to invest heavily in deploying instrumentation valves and fittings products, thus, driving the instrumentation valves and fittings market growth.

In the process of determining and verifying the market sizes for several segments and sub segments gathered through secondary research, extensive primary interviews have been conducted with people holding key positions across several regions. The breakup of the profiles of primary participants has been given below:


  • By Company Type: Tier 1 = 30%, Tier 2 = 25%, and Tier 3 = 45%

  • By Designation: C-Level Executives = 35%, Directors = 45%, and Others = 20%

  • By Region: North America = 45%, Europe = 15%, APAC = 35%, and RoW = 5%


Key players in the instrumentation valves and fittings market include Swagelok (US), Parker Hannifin (US), HY-LOK Corporation (South Korea), Fujikin (Japan), Bray International (US), Circor International (US), Hex Valves (US), AS-Schneider (Germany), Ham-Let (Israel), Oliver Valves (England), and Safelok (England)

Research Coverage:

The report defines, describes, and forecasts the instrumentation valves and fittings market based on product, material, industry, and geography. It provides detailed information regarding the major factors influencing the growth of the instrumentation valves and fittings industry (drivers, restraints, opportunities, and challenges). It also analyzes the competitive developments—such as joint ventures, collaborations, agreements, contracts, partnerships, mergers and acquisitions, and product launches—carried out by key players to grow in the market.

Reasons to Buy the Report:


  • Illustrative segmentation, analysis, and forecast pertaining to the instrumentation valves and fittings market based on product, material, industry, and geography have been conducted to provide an overall view of the instrumentation valves and fittings industry.

  • Major drivers, restraints, opportunities, and challenges for the instrumentation valves and fittings market have been detailed in this report.

  • The report includes a detailed competitive landscape of the key players in the market and their ranking.

Instrumentation Valves and Fittings Market by Material, Product (Valves, Fittings, Actuators), Industry (Semiconductor, Oil & Gas, Food & Beverages, Chemicals, Healthcare, Pulp & Paper, Energy & Power), and Region - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition and Scope
1.3 Study Scope
1.3.1 Inclusions and Exclusions
1.3.2 Years Considered
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary and Primary Research
2.1.2 Secondary Data
2.1.2.1 Key Data From Secondary Sources
2.1.3 Primary Data
2.1.3.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.2.3 Market Size Estimation Methodology
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Instrumentation Valves and Fittings Market
4.2 Instrumentation Valves and Fittings Market, By Industry
4.3 Instrumentation Valves and Fittings Market, By Product
4.4 Instrumentation Valves and Fittings Market in APAC, By Industry & Country
4.5 Instrumentation Valves and Fittings Market, By Country

5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Growing Requirement for Reducing Excessive Noise, Pressure, Vibration, and Cavitation in Critical Industrial Processes
5.1.1.2 Increasing Industrialization and Urbanization, Along With Growing Number of Smart City Initiatives
5.1.1.3 Rising Need for Connected Networks to Maintain and Monitor Varieties of Equipment in Plants
5.1.2 Restraints
5.1.2.1 Lack of Standardization of Certification and Policies
5.1.3 Opportunities
5.1.3.1 Integration of Iiot-Enabled Instrumentation Valves to Minimize Unexpected Downtime
5.1.3.2 Focus of Valve Manufacturers to Offer Improved Customer Services
5.1.4 Challenges
5.1.4.1 Minimization of Lead Time
5.2 Value Chain Analysis
5.3 Industry Trends

6 Instrumentation Valves Market, By Material
6.1 Introduction
6.2 Stainless Steel
6.3 Alloy Based
6.4 Cast Iron
6.5 Others

7 Instrumentation Valves and Fittings Market, By Product
7.1 Introduction
7.2 Valves
7.2.1 Ball Valves
7.2.2 Needle Valves
7.2.3 Check Valves
7.2.4 Plug Valves
7.2.5 Other Valves
7.3 Fittings
7.3.1 Single Ferrule
7.3.2 Double Ferrule
7.3.3 Pipe Fittings
7.3.4 Flare Fittings
7.3.5 Others
7.4 Pneumatic Actuators
7.5 Others (Gaskets, Manifolds, Glands, in Line Filters)

8 Instrumentation Valves and Fittings Market, By Industry
8.1 Introduction
8.2 Oil & Gas
8.3 Food & Beverages
8.4 Chemicals
8.5 Healthcare
8.6 Paper and Pulp
8.7 Energy & Power
8.8 Others

9 Instrumentation Valves and Fittings Market, By Region
9.1 North America
9.1.1 US
9.1.2 Canada
9.1.3 Mexico
9.2 Europe
9.2.1 Germany
9.2.2 UK
9.2.3 France
9.2.4 Rest of Europe
9.3 Asia-Pacific
9.3.1 China
9.3.2 Japan
9.3.3 South Korea
9.3.4 India
9.3.5 Rest of APAC
9.4 RoW
9.4.1 South America
9.4.2 Middle East
9.4.3 Africa

10 Competitive Landscape
10.1 Introduction
10.2 Market Player Ranking Analysis
10.3 Competitive Situation and Trends
10.3.1 New Product Launch/Development
10.3.2 Partnerships/Agreements/Strategic Alliances/Collaborations
10.3.3 Mergers & Acquisitions
10.3.4 Expansions
10.4 Competitive Leadership Mapping
10.4.1 Visionary Leaders
10.4.2 Dynamic Differentiators
10.4.3 Innovators
10.4.4 Emerging Companies

11 Company Profile
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.1 Swagelok
11.2 Parker Hannifin
11.3 Circor International
11.4 Ham-Let
11.5 Hy-Lok Corporation
11.6 Bray International
11.7 As-Schneider
11.8 Fujikin
11.9 Hex Valve
11.10 Oliver Valves
11.11 Safelok
11.12 SSP Corporation
11.13 Dwyer Instruments
11.14 Fitok
11.15 Other Key Players
11.15.1 Tylok International
11.15.2 Walter Stauffenberg GmbH & Co (Stauff)
11.15.3 Alco Valves Group
11.15.4 Brennen Industries
11.15.5 Waverley Brownall

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.2 Marketsandmarkets Knowledge Store: Snapshot
12.3 Related Reports
12.4 Author Details

List of Tables

Table 1 Control Valves Market, By Material, 2017–2025 (USD Million)
Table 2 Control Valves Market, By Size, 2017–2025 (USD Million)
Table 3 Control Valves Market, By Industry, 2017–2025 (USD Million)
Table 4 Instrumentation Valves and Fittings Market in North America for Oil & Gas Industry, By Country, 2017–2025 (USD Million)
Table 5 Instrumentation Valves and Fittings Market in Europe for Oil & Gas Industry, By Country, 2017–2025 (USD Million)
Table 6 Instrumentation Valves and Fittings Market in APAC for Oil & Gas Industry, By Country, 2017–2025 (USD Million)
Table 7 Instrumentation Valves and Fittings Market in RoW for Oil & Gas Industry, By Country, 2017–2025 (USD Million)
Table 8 Control Valves Market for Oil & Gas Industry, By Region, 2017–2025 (USD Million)
Table 9 Instrumentation Valves and Fittings Market in North America for Food & Beverages, By Country, 2017–2025 (USD Million)
Table 10 Instrumentation Valves and Fittings Market in Europe for Food & Beverages Industry, By Country, 2017–2025 (USD Million)
Table 11 Instrumentation Valves and Fittings Market in APAC for Food & Beverages Industry, By Country, 2017–2025 (USD Million)
Table 12 Instrumentation Valves and Fittings Market in RoW for Food & Beverages Industry, By Country, 2017–2025 (USD Million)
Table 13 Control Valves Market for Food & Beverages Industry, By Region, 2017–2025 (USD Million)
Table 14 Instrumentation Valves and Fittings Market in North America for Chemicals Industry, By Country, 2017–2025 (USD Million)
Table 15 Instrumentation Valves and Fittings Market in Europe for Chemicals Industry, By Country, 2017–2025 (USD Million)
Table 16 Instrumentation Valves and Fittings Market in APAC for Chemicals Industry, By Country, 2017–2025 (USD Million)
Table 17 Instrumentation Valves and Fittings Market in RoW for Chemicals Industry, By Country, 2017–2025 (USD Million)
Table 18 Control Valves Market for Chemicals Industry, By Region, 2017–2025 (USD Million)
Table 19 Instrumentation Valves and Fittings Market in North America for Healthcare Industry, By Country, 2017–2025 (USD Million)
Table 20 Instrumentation Valves and Fittings Market in Europe for Healthcare Industry, By Country, 2017–2025 (USD Million)
Table 21 Instrumentation Valves and Fittings Market in APAC for Healthcare Industry, By Country, 2017–2025 (USD Million)
Table 22 Instrumentation Valves and Fittings Market in RoW for Healthcare Industry, By Country, 2017–2025 (USD Million)
Table 23 Control Valves Market for Pharmaceuticals & Healthcare Industry, By Region, 2017–2025 (USD Million)
Table 24 Instrumentation Valves and Fittings Market in North America for Pulp & Paper Industry, By Country, 2017–2025 (USD Million)
Table 25 Instrumentation Valves and Fittings Market in Europe for Pulp & Paper Industry, By Country, 2017–2025 (USD Million)
Table 26 Instrumentation Valves and Fittings Market in APAC for Pulp & Paper Industry, By Country, 2017–2025 (USD Million)
Table 27 Instrumentation Valves and Fittings Market in RoW for Pulp & Paper Industry, By Country, 2017–2025 (USD Million)
Table 28 Control Valves Market for Pulp & Paper Industry, By Region, 2017–2025 (USD Million)
Table 29 Instrumentation Valves and Fittings Market in North America for Energy & Power Industry, By Country, 2017–2025 (USD Million)
Table 30 Instrumentation Valves and Fittings Market in Europe for Energy & Power Industry, By Country, 2017–2025 (USD Million)
Table 31 Instrumentation Valves and Fittings Market in APAC for Energy & Power Industry, By Country, 2017–2025 (USD Million)
Table 32 Instrumentation Valves and Fittings Market in RoW for Energy & Power Industry, By Country, 2017–2025 (USD Million)
Table 33 Control Valves Market for Energy & Power Industry, By Region, 2017–2025 (USD Million)
Table 34 Instrumentation Valves and Fittings Market in North America for Other Industries, By Country, 2017–2025 (USD Million)
Table 35 Instrumentation Valves and Fittings Market in Europe for Other Industries, By Country, 2017–2025 (USD Million)
Table 36 Instrumentation Valves and Fittings Market in APAC for Other Industries, By Country, 2017–2025 (USD Million)
Table 37 Instrumentation Valves and Fittings Market in RoW for Other Industries, By Country, 2017–2025 (USD Million)
Table 38 Control Valves Market for Water & Waste Water Treatment Industry, By Region, 2017–2025 (USD Million)
Table 39 Control Valves Market for Building & Construction Industry, By Region, 2017–2025 (USD Million)
Table 40 Control Valves Market for Metals & Mining Industry, By Region, 2017–2025 (USD Million)
Table 41 Control Valves Market for Other Industries, By Region, 2017–2025 (USD Million)
Table 42 Control Valves Market, By Region, 2017–2025 (USD Million)
Table 43 Control Valves Market in North America, By Country, 2017–2025 (USD Million)
Table 44 Control Valves Market in North America, By Industry, 2017–2025 (USD Million)
Table 45 Instrumentation Valves and Fittings Market in US, By Industry, 2017–2025 (USD Million)
Table 46 Instrumentation Valves and Fittings Market in Canada, By Industry, 2017–2025 (USD Million)
Table 47 Instrumentation Valves and Fittings Market in Mexico, By Industry, 2017–2025 (USD Million)
Table 48 Control Valves Market in Europe, By Country, 2017–2025 (USD Million)
Table 49 Control Valves Market in Europe, By Industry, 2017–2025 (USD Million)
Table 50 Instrumentation Valves and Fittings Market in Germany, By Industry, 2017–2025 (USD Million)
Table 51 Instrumentation Valves and Fittings Market in UK, By Industry, 2017–2025 (USD Million)
Table 52 Instrumentation Valves and Fittings Market in France, By Industry, 2017–2025 (USD Million)
Table 53 Instrumentation Valves and Fittings Market in Italy, By Industry, 2017–2025 (USD Million)
Table 54 Instrumentation Valves and Fittings Market in Rest of Europe, By Industry, 2017–2025 (USD Million)
Table 55 Control Valves Market in Asia Pacific, By Country, 2017–2025 (USD Million)
Table 56 Control Valves Market in Asia Pacific, By Industry, 2017–2025 (USD Million)
Table 57 Instrumentation Valves and Fittings Market in China, By Industry, 2017–2025 (USD Million)
Table 58 Instrumentation Valves and Fittings Market in Japan, By Industry, 2017–2025 (USD Million)
Table 59 Instrumentation Valves and Fittings Market in South Korea, By Industry, 2017–2025 (USD Million)
Table 60 Instrumentation Valves and Fittings Market in India, By Industry, 2017–2025 (USD Million)
Table 61 Instrumentation Valves and Fittings Market in Rest of APAC, By Industry, 2017–2025 (USD Million)
Table 62 Control Valves Market in RoW, By Region, 2017–2025 (USD Million)
Table 63 Control Valves Market in RoW, By Industry, 2017–2025 (USD Million)
Table 64 Instrumentation Valves and Fittings Market in South America, By Industry, 2017–2025 (USD Million)
Table 65 Instrumentation Valves and Fittings Market in Middle East, By Industry, 2017–2025 (USD Million)
Table 66 Instrumentation Valves and Fittings Market in Africa, By Industry, 2017–2025 (USD Million)

List of Figures

Figure 1 Instrumentation Valves and Fittings Market Segmentation
Figure 2 Years Considered
Figure 3 Research Design
Figure 4 Research Approach
Figure 5 Key Data From Secondary Sources
Figure 6 Key Data From Primary Sources
Figure 7 Bottom-Up Approach
Figure 8 Top-Down Approach
Figure 9 Market Breakdown
Figure 10 Research Assumption
Figure 11 Instrumentation Valves and Fittings Market, 2017–2025 (USD Billion)
Figure 12 Instrumentation Valves and Fittings Market, By Industry, 2017–2025 (USD Million)
Figure 13 Instrumentation Valves and Fittings Market, By Product, 2017–2025 (USD Million)
Figure 14 Growing Requirement for Reducing Excessive Noise, Pressure, Vibration, and Cavitation in Critical Industrial Processes Driving Growth of Instrumentation Valves and Fittings Market
Figure 15 Oil & Gas Industry to Continue to Hold Largest Size of Instrumentation Valves and Fittings Market During Forecast Period
Figure 16 Valves to Lead Instrumentation Valves and Fittings Market, By Product, During Forecast Period
Figure 17 Oil & Gas Industry Held Largest Share of Instrumentation Valves and Fittings Market in APAC in 2018
Figure 18 India to Witness Highest CAGR in Instrumentation Valves and Fittings Market During Forecast Period
Figure 19 Instrumentation Valves and Fittings Market Dynamics
Figure 20 Impact Analysis of Drivers
Figure 21 Impact Analysis of Restraints
Figure 22 Impact Analysis of Opportunities
Figure 23 Impact Analysis of Challenges
Figure 24 Value Chain of Instrumentation Valves and Fittings Ecosystem
Figure 25 Instrumentation Valves Market, By Material, 2017–2025 (USD Million)
Figure 26 Stainless Steel Instrumentation Valves Market, 2017–2025 (USD Million)
Figure 27 Alloy-Based Instrumentation Valves Market, 2017–2025 (USD Million)
Figure 28 Cast Iron Instrumentation Valves Market, 2017–2025 (USD Million)
Figure 29 Instrumentation Valves Market for Other Materials, 2017–2025 (USD Million)
Figure 30 Instrumentation Valves and Fittings Market, By Product, 2017–2025 (USD Million)
Figure 31 Instrumentation Valves Market, By Valve Type, 2017–2025 (USD Million)
Figure 32 Ball Valves Market, 2017–2025 (USD Million)
Figure 33 Needle Valves Market, 2017–2025 (USD Million)
Figure 34 Check Valves Market, 2017–2025 (USD Million)
Figure 35 Plug Valves Market, 2017–2025 (USD Million)
Figure 36 Other Instrumentation Valves Market, 2017–2025 (USD Million)
Figure 37 Instrumentation Fittings Market, By Type, 2017–2025 (USD Million)
Figure 38 Instrumentation Valves and Fittings Market, By Industry, 2017–2025 (USD Million)
Figure 39 Instrumentation Valves and Fittings Market for Oil & Gas Industry, 2017–2025 (USD Million)
Figure 40 Instrumentation Valves and Fittings Market for Food & Beverages Industry, 2017–2025 (USD Million)
Figure 41 Instrumentation Valves and Fittings Market for Chemicals Industry, 2017–2025 (USD Million)
Figure 42 Instrumentation Valves and Fittings Market for Healthcare Industry, 2017–2025 (USD Million)
Figure 43 Instrumentation Valves and Fittings Market for Pulp & Paper Industry, 2017–2025 (USD Million)
Figure 44 Instrumentation Valves and Fittings Market for Energy & Power Industry, 2017–2025 (USD Million)
Figure 45 Instrumentation Valves and Fittings Market for Other Industries, 2017–2025 (USD Million)
Figure 46 Instrumentation Valves and Fittings Market, By Region, 2017–2025 (USD Million)
Figure 47 Instrumentation Valves and Fittings Market in North America, By Country, 2017–2025 (USD Million)
Figure 48 Instrumentation Valves and Fittings Market in North America, BY Industry, 2017–2025 (USD Million)
Figure 49 Instrumentation Valves and Fittings Market in Europe, By Country, 2017–2025 (USD Million)
Figure 50 Instrumentation Valves and Fittings Market in Europe, By Industry, 2017–2025 (USD Million)
Figure 51 Instrumentation Valves and Fittings Market in APAC, By Country, 2017–2025 (USD Million)
Figure 52 Instrumentation Valves and Fittings Market in APAC, By Industry, 2017–2025 (USD Million)
Figure 53 Instrumentation Valves and Fittings Market in RoW, By Region,2017–2025 (USD Million)
Figure 54 Instrumentation Valves and Fittings Market in RoW, By Industry, 2017–2025 (USD Million)
Figure 55 Instrumentation Valves and Fittings Market Player Ranking Analysis (2018)
Figure 56 Global Instrumentation Valves and Fittings Market: Competitive Situations and Trends
Figure 57 Instrumentation Valves and Fittings Market (Global) Competitive Leadership Mapping, 2018
Figure 58 Swagelok: Company Overview
Figure 59 Parker Hannifin: Company Overview
Figure 60 Circor International: Company Overview
Figure 61 Ham-Let: Company Overview
Figure 62 Hy-Lok Corporation: Company Overview
Figure 63 Bray International: Company Overview
Figure 64 As-Schneider: Company Overview
Figure 65 Fujikin: Company Overview
Figure 66 Hex Valve: Company Overview
Figure 67 Oliver Valves: Company Overview
Figure 68 Safelok: Company Overview
Figure 69 SSP Corporation: Company Overview
Figure 70 Dwyer Instruments: Company Overview
Figure 71 Fitok: Company Overview

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