The Global Knife Valves Gate Valves Market size is projected to reach USD 3.1 billion by 2028, growing at a CAGR of 6.8% from 2021 to 2028. The global knife valve gate valve market is primarily driven by the rising demand for energy-efficient technologies as well as stringent regulations on wastewater discharge norms across various industries such as mining, oil & gas, and pulp & paper among others.
A Knife Valve and a Gate Valve are two types of valves that are used in the process of regulating fluid flow. It has two valves that are controlled by either manual or automatic operation and can be installed vertically, horizontally, or at any angle. A knife valve is installed on top of the pipe, while a gate valve is installed at the end of the pipe. Knife valves can be used as an isolation device to isolate sections of piping for maintenance purposes or for shutting off one section from another. Gate valves can also be used as an isolation device but they have several advantages over other types such as being more compact, and with fewer moving parts which means they're easier to maintain and operate than most other types.
On the basis of Type, the market is segmented into Knife Valves and Gate Valves. The Knife Valve segment dominates the market owing to its high degree of efficacy and reliability, which is due to the absence of any moving parts.
Knife valves are typically used in applications where very small amounts of gas or fluid need to be released, such as pressure relief on boilers. They operate by opening a larger valve with a knife blade that slides back and forth inside the valve body. Knife Valves can also be found in steam pipes both for safety and for regulating the flow rate through throttles.
Many industries have been adopting manual blade knife vales because they offer significant benefits over older technologies like ball valve design which can lead to leakages. Manufacturers for these devices must make sure their knives stay sharp so when operated correctly, pressure is not relieved through leaks but instead goes off as quickly and efficiently as possible. To combat this problem many companies manufacture blades made from hardened steel that stays sharper longer than other materials traditionally found in blade designs.
Gate valves are typically used in applications where relatively larger amounts of gas or fluid need to be released, such as the release on a water heater. Gate Valves work by opening and closing an opening with a gate that swings back and forth between two positions. Gate valves are also often found in oil and gas wellheads or other industrial applications where hydraulic fluids like crude oil or natural gas need to be released from storage tanks.
The largest use of Gate Valves is in water treatment plants because they can be used to release large amounts of hot water at high pressure. A gate valve should only ever be opened completely if it's needed for an emergency situation such as the pipe breaking or being stuck open by debris. If you're using them on a regular basis then that means there may not be enough liquid coming out and this could lead to leaks occurring under pressure, which would result in the fluid leaving the system leads to leakages.
On the basis of Application, the market is segmented into Pulp and Paper, Wastewater Treatment, Oil & Gas, Mining, and Power. The Oil & Gas segment is expected to dominate the market during the forecast period. Knife Valves are used in the process of paper production while Gate Valve is used for unloading and loading. The Knife Valves provide better control on flow rates. They also allow more flexibility when it comes to regulating pressure, which can help improve efficiency.
The knife valves segment is expected to account for a major share of the global market in terms of revenue, owing to its diverse applications across industries and regions. The demand for this type of valve is also correlated with favorable regulations from various governments regulating pollutant emissions, which will drive up their adoption over time. In addition, environmental awareness among consumers about harmful chemical products used in industrial processes has led many enterprises toward adopting green technologies such as gate valves that are less polluting than other types of valves (e.g., ball valves). This trend is likely to have an effect on increasing the demand for these more environment-friendly types of devices over time.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is likely to be one of the fastest-growing markets due to its geographical proximity with large oil reserves in Canada and Mexico. The demand for knife valves also increases as mining activities increase globally owing to increasing metal prices such as copper or gold. In addition, the rising use of electric vehicles will result in increased growth opportunities because these cars need power stations that employ high-pressure water pipes which require gate valves.
Up Market Research published a new report titled “Knife Valves Gate Valves Market research report which is segmented by Types (Knife, Gate), By Applications (Pulp and Paper, Wastewater Treatment, Oil and Gas, Mining, Power, Other), By Players/Companies DeZURIK (USA), Orbinox (Spain), SISTAG (Switzerland), VAT Vakuumventile (Switzerland), Vortex, Talleres Mecanicos Herbe, Highlight Technology, Jaudt Dosiertechnik Maschinenfabrik, Kempster Engineering, Lined Valve, Pentair Valves & Controls (Switzerland), Red Valve (USA), GEFA Processtechnik (Germany), Ebro Armaturen, Nor-Cal Products, Asteknik Valve-Elmak Mac, Valtorc (USA), Wamgroup, Weir Minerals (UK), Zhejiang Linuo Flow Control Technology (China)”.
|Report Attributes||Report Details|
|Report Title||Knife Valves Gate Valves Market Research Report|
|By Type||Knife, Gate|
|By Application||Pulp and Paper, Wastewater Treatment, Oil and Gas, Mining, Power, Other|
|By Companies||DeZURIK (USA), Orbinox (Spain), SISTAG (Switzerland), VAT Vakuumventile (Switzerland), Vortex, Talleres Mecanicos Herbe, Highlight Technology, Jaudt Dosiertechnik Maschinenfabrik, Kempster Engineering, Lined Valve, Pentair Valves & Controls (Switzerland), Red Valve (USA), GEFA Processtechnik (Germany), Ebro Armaturen, Nor-Cal Products, Asteknik Valve-Elmak Mac, Valtorc (USA), Wamgroup, Weir Minerals (UK), Zhejiang Linuo Flow Control Technology (China)|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||204|
|Number of Tables & Figures||143|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Knife, Gate and By Application Pulp and Paper, Wastewater Treatment, Oil and Gas, Mining, Power, Other.
Some of the companies that are profiled in this report are:
Knife Valves Gate Valves Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Knife Valves Gate Valves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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