In 2022, the market for valves in the water treatment industry was valued at approximately US$ 10,853.95 million, with projections indicating it will grow to around US$ 16,282.87 million by 2030. This growth represents a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030.
The emergence of next-generation valves is a significant trend contributing to the expansion of the water treatment industry valves market.
Manufacturers are increasingly incorporating automation and Internet of Things (IoT) technologies into valve designs to enhance efficiency and performance. These smart valves utilize IoT capabilities to optimize the regulation, monitoring, and automation of valve functions. By managing flow rates and pressure, these advanced valves ensure equitable distribution of resources, thereby preventing issues like water hammer, uneven distribution, and overconsumption. Additionally, smart valves are equipped with sophisticated sensors and algorithms that enable early detection of leaks. They can identify abnormal fluctuations in pressure and flow, alerting operators to potential leaks, which helps mitigate damage and conserve resources. As a result of these advantages, many manufacturers are prioritizing product development. For instance, in November 2021, Rusco launched a smart automatic ball valve that can be controlled via a mobile application. This Smart Ball Valve is compatible with various smartphones, facilitating automation of key functions such as sediment flushing and flow shutoff. It is suitable for home filtration systems, well water applications, and both commercial and municipal uses, available in Wi-Fi and Zigbee versions to maximize accessibility. In June 2023, SANKING unveiled the Intelligent Motorized Ball Valve, designed to meet the management and control needs of modern piping systems. This valve supports two communication modes, MODBUS485 and 4-20mA, and can be integrated with a PLC for remote management and real-time feedback, making it ideal for applications requiring precise flow control, such as dosing and water treatment systems. Furthermore, Aquana, LLC. introduced its latest product, the Aquana AVS valve, a remote shutoff valve compatible with any existing Advanced Metering Infrastructure (AMI) platform. This IP68-rated remote disconnect ball valve offers a cost-effective solution for water utilities aiming to implement remote shutoff capabilities within their service areas. The ongoing development of next-generation valves by manufacturers is anticipated to generate numerous opportunities for growth in the water treatment industry valves market throughout the forecast period.
The analysis of the water treatment industry valves market is segmented by valve type, including gate valves, butterfly valves, diaphragm valves, safety valves, check valves, ball valves, and others. The ball valve segment holds the largest share in the market. Diaphragm valves, which are bidirectional and primarily function as on-off throttle valves, are commonly used in low-pressure applications. These valves facilitate smooth and streamlined liquid flow, minimizing pressure drops. They are designed with anti-leak features, making them suitable for handling liquids that contain solid particles. Diaphragm valves are typically categorized into two types: weir-type and straight-through diaphragm valves. There is a rising demand for these valves across various end-use sectors, including food and beverages (such as dairy and wine), agriculture, pharmaceuticals, and the water treatment industry.
The forecast for the water treatment industry valves market is based on a combination of primary and secondary research findings, including key company publications, industry association data, and relevant databases. The market report highlights the primary factors driving growth and outlines the developments of leading players in the industry. Key companies featured in the report include Velan Inc, Alfa Laval Solution, Flowserve Corporation, Emerson Electric Co, Dutch Valve Vision, Valco Group, American AVK Co, Kitz Corporation, Spirax Sarco Engineering Plc, and DeZURIK Inc. The report also discusses growth opportunities in light of current trends and factors influencing the water treatment industry valves market.
Companies in the water treatment industry valves market frequently adopt both inorganic and organic strategies, such as mergers and acquisitions, to expand their global presence and meet increasing customer demand. Market initiatives are a common strategy employed by these companies to enhance their offerings by integrating advanced features and technologies into their products and services.