Global Compressor Valves Market, By Type (Ring Valves, Plate Valves, Poppet Valves, Channel Valves, High-speed Valves, and Others), By Application (Oil & Gas, Mechanical Field, Ships, Metallurgy, and Others), and By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World) – Market Size & Forecasting (2016-2028)

Market Dynamics:

The Compressor Valves Market is expected to promise high growth owing to the increasing demand for eco-friendly products and technological innovations in recent years. Increasing demand from applications including oil & gas, mechanical field, ships, metallurgy, and others is expected to drive the growth of the compressor valves market. This market has witnessed a number of key developments by major companies including  HOERBIGE, Cook Compression, Burckhardt Compression, CPI, H&S Valve Compressor, and others with focus on organic as well as inorganic growth strategies.  Developing regions including the Asia Pacific and Middle East have been among the high potential markets with high growth in some of the key economies.

Compressor valves are generally used inside a compressor to control the flow of fluid in a cylinder. These compressor valves are a series of circular plates that are situated in between the valve seat and the cover.

Segment Insights:

The global compressor valves market has been segmented on the basis of type and application. Based on type, the compressor valves market has been segmented into ring valves, plate valves, poppet valves, channel valves, high-speed valves, and others. Plate valves are widely used, as they have better resistance power involving high temperature and higher durability. Based on application, the market has been segmented into oil & gas, mechanical field, ships, metallurgy, and others. Compressor valves are majorly used in the oil & gas industry due to increasing consumption and demand for oil & gas globally.

Key Factors Impacting Market Growth:

  • Increasing consumption of oil & gas
  • Growth of various sectors, such as ships, oil & gas, metallurgy
  • Increasing demand for eco-friendly products and technological innovations

Regional Analysis:

Major regions for the compressor valves market are estimated to North America, Western Europe, and the Asia Pacific. North America and Western Europe have been traditional markets for compressor valves owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major applications including oil & gas, mechanical field, ships, metallurgy, and others. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the compressor valves market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others. 

The Asia Pacific and the Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these applications including oil & gas, mechanical field, ships, metallurgy, and others are estimated to register high demand for compressor valves market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the compressor valves market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the compressor valves market during the forecast period. The rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered:  HOERBIGE, Cook Compression, Burckhardt Compression, CPI, H&S Valve Compressor, Dresser-Rand, CECO, Cozzani, KB Delta, Associated Spring, GoetzeKG, Huantian Industrial, Wenfa, Zhejiang Zheou Pneumatic, and SYM

Market Segmentation:

By Type:

  • Ring Valves
  • Plate Valves
  • Poppet Valves
  • Channel Valves
  • High-speed Valves
  • Others 

By Application:

  • Oil & Gas
  • Mechanical Field
  • Ships
  • Metallurgy
  • Others 

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global compressor valves market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: sales@quincemarketinsights.com