Valves Market in Mining Industry will accelerate at a CAGR of 3.88% from 2022 to 2027|Alfa Laval Corporate AB, AVK Holding AS, Bray International Inc., and more to emerge as key market players - Technavio

NEW YORK, July 11, 2023 /PRNewswire/ -- The valves market in the mining industry size is set to grow by USD 1,336.86 million between 2023 and 2027, registering a CAGR of 3.88%, according to Technavio's latest market research report estimates. Some of the major vendors of the valves market in mining industry include Alfa Laval Corporate AB, AVK Holding AS, Bray International Inc., Crane Co., Curtiss Wright Corp., Dembla Valves Ltd., Emerson Electric Co., Flowserve Corp., General Electric Co., Hobbs Valve Ltd., Honeywell International Inc., ITT Inc., KITZ Corp., Larsen and Toubro Ltd., Pentair Plc, RF Valves Inc., Schlumberger Ltd., The Weir Group Plc, and Velan Inc. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study through synthesis and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read our Sample Report

Vendor Offering 

• Alfa Laval Corporate AB - The company offers valves for the mining industry, such as LKB Butterfly Valve, LKB Ultrapure, and Unique Control LKB.
• Crane Co - The company offers valves for the mining industry, such as DM638, F611, and F612.
• Curtiss Wright Corp - The company offers valves for the mining industry, such as 3000C1 BV, 420 CV, and S97 S98 GV.

The report also covers the following areas:

• Valves Market in Mining Industry size
• Valves Market in Mining Industry Trends
• Valves Market in Mining Industry Analysis

Valves Market in Mining Industry 2023-2027: Segmentation

• Application 
• Mineral Fuels
• Iron And Ferroalloys
• Non-ferrous Metals
• Precious Metals
• Industrial Minerals
• Type 
• Multi-turn Valves
• Quarter Turn Valves
• Control Valves
• Geography 
• APAC
• Europe
• North America
• Middle East and Africa
• South America

The market share growth in the mineral fuels segment will be significant during the forecast period. These mineral fuels include coking coal, steam coal, lignite coal, uranium, and petroleum. These fuels, after being refined, are being used by various industries such as steel, power, pharmaceutical, chemical, and others. Furthermore, bidirectional ball valves and butterfly valves are extensively used in various industries to prevent the leakage of gas and liquid under any circumstance. The significant growth of the manufacturing industry in many countries worldwide is also increasing the demand for valves. Hence, these factors are expected to drive market growth during the forecast period.

• Deep sea mining will be the major trend in the market.
• The ocean bed is becoming the next source for mining minerals because of the reduction of mineral-rich mines on lands.
• For example, the Indian government gave clearance to its deep ocean mission to explore deep seabed mining.
• The utilization of Robots is increasing at a rapid rate to extract minerals from the deep seabed.
• For example, Damen Shipyards has equipped its robots with dredge valves that are very specific to their applications in the sea.
• Hence, an increase in mining in the deep seabed is expected to drive market growth during the forecast period. Drivers, Trends, and challenges have an impact on market dynamics, for market drivers and challenges insights download sample report!

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Valves Market in Mining Industry 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist the valves market growth in the mining industry during the next five years.
• Estimation of the valves market in the mining industry size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the valves market in the mining industry
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of the valves market in mining industry vendors

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The instrumentation valves and fittings market size is estimated to grow by USD 522.29 million between 2022 and 2027 accelerating at a CAGR of 4.48%. Furthermore, this report extensively covers market segmentation by product (valves, fittings, and actuators), end-user (oil and gas, energy and power, chemicals, healthcare, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America). The investment in industrial facility modernization is a key factor driving the market growth during the forecast period.

The industrial valves and actuators market size is estimated to grow by USD 17,005.57 million from 2023 to 2027 and the market's growth momentum will accelerate at a CAGR of 4.63%. Furthermore, this report extensively covers market segmentation by product (industrial quarter-turn valves, multi-turn valves, industrial control valves, and industrial actuators), end-user (chemical and petroleum industry, water and wastewater industry, power industry, mining, and minerals industry, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America). The increasing investment in modernizing industrial facilities is a key factor driving the market growth during the forecast period.

Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global valves market in mining industry 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global valves market in mining industry 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Mineral fuels - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Mineral fuels - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Mineral fuels - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Mineral fuels - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Mineral fuels - Year-over-year growth 2022-2027 (%)

• 6.4 Iron and ferro-alloys - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Iron and ferro-alloys - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Iron and ferro-alloys - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Iron and ferro-alloys - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Iron and ferro-alloys - Year-over-year growth 2022-2027 (%)

• 6.5 Non-ferrous metals - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Non-ferrous metals - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Non-ferrous metals - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Non-ferrous metals - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Non-ferrous metals - Year-over-year growth 2022-2027 (%)

• 6.6 Precious metals - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Precious metals - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Precious metals - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Precious metals - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Precious metals - Year-over-year growth 2022-2027 (%)

• 6.7 Industrial minerals - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Industrial minerals - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Industrial minerals - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Industrial minerals - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Industrial minerals - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 55: Chart on Type - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 57: Chart on Comparison by Type
• Exhibit 58: Data Table on Comparison by Type

• 7.3 Multi-turn valves - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Multi-turn valves - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Multi-turn valves - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Multi-turn valves - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Multi-turn valves - Year-over-year growth 2022-2027 (%)

• 7.4 Quarter turn valves - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Quarter turn valves - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Quarter turn valves - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Quarter turn valves - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Quarter turn valves - Year-over-year growth 2022-2027 (%)

• 7.5 Control valves - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Control valves - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Control valves - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Control valves - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Control valves - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Type 
• Exhibit 71: Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 73: Chart on Market share by geography 2022-2027 (%)
• Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 75: Chart on Geographic comparison
• Exhibit 76: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027 
• Exhibit 85: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027 
• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027 
• Exhibit 101: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Australia - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Australia - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Australia - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Australia - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Australia - Year-over-year growth 2022-2027 (%)

• 9.11 Indonesia - Market size and forecast 2022-2027 
• Exhibit 109: Chart on Indonesia - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Indonesia - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)

• 9.12 Russia - Market size and forecast 2022-2027 
• Exhibit 113: Chart on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on Russia - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on Russia - Year-over-year growth 2022-2027 (%)

• 9.13 Canada - Market size and forecast 2022-2027 
• Exhibit 117: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 118: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 119: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 120: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.14 Market opportunity by geography 
• Exhibit 121: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 122: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 123: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 124: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 125: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 126: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 127: Matrix on vendor position and classification

• 12.3 Alfa Laval Corporate AB
• Exhibit 128: Alfa Laval Corporate AB - Overview
• Exhibit 129: Alfa Laval Corporate AB - Business segments
• Exhibit 130: Alfa Laval Corporate AB - Key news
• Exhibit 131: Alfa Laval Corporate AB - Key offerings
• Exhibit 132: Alfa Laval Corporate AB - Segment focus

• 12.4 Crane Co.
• Exhibit 133: Crane Co. - Overview
• Exhibit 134: Crane Co. - Business segments
• Exhibit 135: Crane Co. - Key offerings
• Exhibit 136: Crane Co. - Segment focus

• 12.5 Curtiss Wright Corp.
• Exhibit 137: Curtiss Wright Corp. - Overview
• Exhibit 138: Curtiss Wright Corp. - Business segments
• Exhibit 139: Curtiss Wright Corp. - Key offerings
• Exhibit 140: Curtiss Wright Corp. - Segment focus

• 12.6 Dembla Valves Ltd.
• Exhibit 141: Dembla Valves Ltd. - Overview
• Exhibit 142: Dembla Valves Ltd. - Product / Service
• Exhibit 143: Dembla Valves Ltd. - Key offerings

• 12.7 Emerson Electric Co.
• Exhibit 144: Emerson Electric Co. - Overview
• Exhibit 145: Emerson Electric Co. - Business segments
• Exhibit 146: Emerson Electric Co. - Key news
• Exhibit 147: Emerson Electric Co. - Key offerings
• Exhibit 148: Emerson Electric Co. - Segment focus

• 12.8 Flowserve Corp.
• Exhibit 149: Flowserve Corp. - Overview
• Exhibit 150: Flowserve Corp. - Business segments
• Exhibit 151: Flowserve Corp. - Key news
• Exhibit 152: Flowserve Corp. - Key offerings
• Exhibit 153: Flowserve Corp. - Segment focus

• 12.9 General Electric Co.
• Exhibit 154: General Electric Co. - Overview
• Exhibit 155: General Electric Co. - Business segments
• Exhibit 156: General Electric Co. - Key news
• Exhibit 157: General Electric Co. - Key offerings
• Exhibit 158: General Electric Co. - Segment focus

• 12.10 Honeywell International Inc. 
• Exhibit 159: Honeywell International Inc. - Overview
• Exhibit 160: Honeywell International Inc. - Business segments
• Exhibit 161: Honeywell International Inc. - Key news
• Exhibit 162: Honeywell International Inc. - Key offerings
• Exhibit 163: Honeywell International Inc. - Segment focus

• 12.11 ITT Inc.
• Exhibit 164: ITT Inc. - Overview
• Exhibit 165: ITT Inc. - Business segments
• Exhibit 166: ITT Inc. - Key offerings
• Exhibit 167: ITT Inc. - Segment focus

• 12.12 KITZ Corp.
• Exhibit 168: KITZ Corp. - Overview
• Exhibit 169: KITZ Corp. - Business segments
• Exhibit 170: KITZ Corp. - Key offerings
• Exhibit 171: KITZ Corp. - Segment focus

• 12.13 Larsen and Toubro Ltd. 
• Exhibit 172: Larsen and Toubro Ltd. - Overview
• Exhibit 173: Larsen and Toubro Ltd. - Business segments
• Exhibit 174: Larsen and Toubro Ltd. - Key news
• Exhibit 175: Larsen and Toubro Ltd. - Key offerings
• Exhibit 176: Larsen and Toubro Ltd. - Segment focus

• 12.14 Pentair Plc
• Exhibit 177: Pentair Plc - Overview
• Exhibit 178: Pentair Plc - Business segments
• Exhibit 179: Pentair Plc - Key news
• Exhibit 180: Pentair Plc - Key offerings
• Exhibit 181: Pentair Plc - Segment focus

• 12.15 Schlumberger Ltd.
• Exhibit 182: Schlumberger Ltd. - Overview
• Exhibit 183: Schlumberger Ltd. - Business segments
• Exhibit 184: Schlumberger Ltd. - Key offerings
• Exhibit 185: Schlumberger Ltd. - Segment focus

• 12.16 The Weir Group Plc
• Exhibit 186: The Weir Group Plc - Overview
• Exhibit 187: The Weir Group Plc - Business segments
• Exhibit 188: The Weir Group Plc - Key news
• Exhibit 189: The Weir Group Plc - Key offerings
• Exhibit 190: The Weir Group Plc - Segment focus

• 12.17 Velan Inc.
• Exhibit 191: Velan Inc. - Overview
• Exhibit 192: Velan Inc. - Product / Service
• Exhibit 193: Velan Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 194: Inclusions checklist
• Exhibit 195: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 196: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 197: Research methodology
• Exhibit 198: Validation techniques employed for market sizing
• Exhibit 199: Information sources

• 13.5 List of abbreviations
• Exhibit 200: List of abbreviations

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