Plug valve is a quarter-turn on-off valve. The plug itself is often shaped like an upside-down ice cream cone or a cylinder. A handle on top allows the user to turn the plug valve so it rotates and stops or starts the flow of liquid. A minimum of two holes, known as ports, must exist in the plug for liquid to flow. The ports are located on opposite sides of the plug, and when the plug is turned to the open position it creates a passage for the liquid to flow through.
This report contains market size and forecasts of Plug Valves in global, including the following market information:
Global Plug Valves Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Plug Valves Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Plug Valves companies in 2021 (%)
The global Plug Valves market was valued at 4019.1 million in 2021 and is projected to reach US$ 5295.7 million by 2028, at a CAGR of 4.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Non-Lubricated Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Plug Valves include Flowserve, Crane, Brdr. Christensens, Emerson, Weir, SchuF Group, AZ-Armaturen, Galli & Cassina and 3Z Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Plug Valves manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plug Valves Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Plug Valves Market Segment Percentages, by Type, 2021 (%)
Non-Lubricated
Lubricated Plug Valve
Eccentric Plug Valve
Expanding Plug Valve
Global Plug Valves Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Plug Valves Market Segment Percentages, by Application, 2021 (%)
Petroleum and Natural Gas
Chemical
Water Treatment
Power
Others
Global Plug Valves Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Plug Valves Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Plug Valves revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Plug Valves revenues share in global market, 2021 (%)
Key companies Plug Valves sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Plug Valves sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Flowserve
Crane
Brdr. Christensens
Emerson
Weir
SchuF Group
AZ-Armaturen
Galli & Cassina
3Z Corporation
Henry Pratt
ASKA
VETEC Ventiltechnik
FluoroSeal
Regus
Parker
Walworth
DeZURIK
Clow Valve
BREDA ENERGIA
GA Industries
Fujikin
Pister
SS Valve
Val-Matic
UNIMAC
Yuanda Valve
Hugong Valve
Yuandong Valve
KOKO Valve
Gongzhou Valve
Datian Valve
ENINE-PV
REMY Valve
Zhengquan Valve
Miko Valve