Asia Pacific Water Treatment Industry Valves Market Forecast to 2030
Asia Pacific Water Treatment Industry Valves Market Forecast to 2030 – Regional Analysis – by Valve Type (Ball Valves, Butterfly Valves, Diaphragm Valves, Safety Valves, Check Valves, Gate Valves, and Others) and Material Type (Steel Alloys, Stainless Steel, Cast Iron, and Others)
$2,485 – $3,885
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- Table of Contents
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- LIst of Figures
- List of Companies
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Description
Rise in Investments in Water Treatment Plants Boost Asia Pacific Water Treatment Industry Valves Market
In urban and rural areas, there is an increased demand for wastewater and water treatment plants; hence, several governments across the globe have started investing extensively in water treatment plants. The Indian government is actively working to improve the nation’s total water infrastructure. The Union Budget sets aside a sizeable sum of funds each year for the construction of water infrastructure. Through network augmentations, treatment upgrades, and metering and loss reduction, programs such as the Jal Jeevan Mission (JJM), National Mission for Clean Ganga (NMCG), Atal Mission for Rejuvenation and Urban Transformation (AMRUT), and other projects focused on rural and urban areas are significantly expanding access to safe, dependable, and affordable tap water supply. The National Framework on Recycle & Reuse (SRTW) policy of the government is a key tool in reducing the pressure on limited freshwater resources and encouraging the use of treated wastewater. Apart from government funding, several energy and water treatment companies across the globe are investing in the construction of water treatment facilities. In 2023, the International Finance Corporation and the Ministry of Interior of Thailand signed a memorandum of understanding (MoU) to support the strengthening of Thailand’s public infrastructure, as well as to improve access to high-quality water and expand the nation’s wastewater treatment capacity. The agreement intends to open the door for cooperative initiatives, maximize subnational finance opportunities, and promote public-private partnership (PPP) projects with an emphasis on sustainability, all in keeping with Thailand’s climate goals. Also, in 2023, the first phase of Darco Water Technologies Limited’s water treatment and clean water supply project in the Ba Lai district of Vietnam’s Ben Tre Province was completed, and the company started operations. Darco Water Technologies Limited provides integrated engineering and expertise-driven solutions for water treatment, wastewater management, clean water supply, and vacuum solid waste management. It will give up to 20,000 rural homes access to 5,000 m3 of clean water each day. After the project’s second phase of construction is finished in 2024, the plant will provide 15,000m3 of clean water per day to additional homes and businesses in the Ben Tre Province’s district of Ba Tri township and its surrounding 15 communes. Further, in 2022, Daiki Axis Japan, a producer of water treatment technologies, is investing Rs 200 crore to establish its second plant in Haryana, India. The Japanese “Johkasou” technology factory, which can create 1,000 sewage treatment units, is being built in Palwal. Thus, the rise in investments in water treatment plants will directly lead new water treatment projects ultimately driving the demand of the water treatment industry valves market.
Asia Pacific Water Treatment Industry Valves Market Overview
Asia Pacific and Rest of Asia Pacific includes China, India, South Korea, Australia and among others. Asia Pacific has the largest share for the water treatment industry valve owing to presence of huge population with increasing demand for the clean water along with increasing government initiatives for water related infrastructure. Asia Pacific’s population crossed over 2.1 billion with increasing rapid urbanization and growing investment in water infrastructure drives the market growth. According to the International Trade Administration (ITA), in January 2021, there are around 10,000 water treatment plants in China for the wastewater in municipalities and of rural areas. In 2021, there were 40,000 new wastewater treatment plants were planned to set up. Such, growth in the waste water treatment plants drives the market growth.
Asia Pacific Water Treatment Industry Valves Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Water Treatment Industry Valves Market Segmentation
The Asia Pacific water treatment industry valves market is categorized into valves type, material type, and country.
Based on valve type, the Asia Pacific water treatment industry valves market is segmented into ball valves, butterfly valves, diaphragm valves, safety valves, check valves, gate valves, and others. The ball valves segment held the largest market share in 2022.
In terms of material type, the Asia Pacific water treatment industry valves market is segmented into steel alloys, stainless steel, cast iron, and others. The stainless-steel segment held the largest share of Asia Pacific water treatment industry valves market in 2022.
By country, the Asia Pacific water treatment industry valves market is segmented into China, Japan, and the Rest of Asia Pacific. China dominated the Asia Pacific water treatment industry valves market share in 2022.
Alfa Laval AB, Flowserve Corp, Valco Group, Spirax Sarco Engineering Plc, Velan Inc, KITZ Corp, and Emerson Electric Co are some of the leading companies operating in the Asia Pacific water treatment industry valves market.
Summary Info
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According toThe Research Team’ research, the Asia Pacific water treatment industry valves market was valued at US$ 4,252.58 million in 2022 and is expected to reach US$ 6,757.39 million by 2030, registering a CAGR of 6.0% from 2022 to 2030. Growing number of smart city initiatives and rise in investments in water treatment plants are among the critical factors attributed to drive the Asia Pacific water treatment industry valves market growth.
Smart cities are rapidly evolving as urbanization is increasing. Water and energy are two of the most often used resources in cities. The overuse of these resources is steadily depleting them, which can potentially result in a catastrophic occurrence in the future. Thus, governments and energy corporations across the globe are implementing smart water management, which promotes efficient wastewater management and treatment using technology. A smart city uses technology to enhance operational efficiency and information transfer and improve both the quality of government services and citizen welfare. This technology has proven to lead to prominent improvements in water management, dramatically altering the way cities manage their water supplies. Smart cities use innovative techniques to improve water management, resulting in more efficiency, cost savings, and proactive decision-making. The rise in technology adoption is due to its features that include collecting data, managing operations, and planning upgrades to support the transition to a more efficient and effective utility infrastructure in smart cities. Smart cities optimize water management operations with accurate and real-time data, allowing for increased infrastructure efficiency and resulting in decreased energy usage and expenditures. The integration of computer models, field data, and Supervisory Control and Data Acquisition (SCADA) systems can help streamline operations and identify areas for rehabilitation or improvement in a water system. Owing to the benefits of smart cities, governments of various countries are taking initiatives to develop smart cities. Such initiatives are projected to support the development of smart cities. These smart cities are expected to have a proper smart water management system and treatment activities, which require next-generation valves. Thus, the growing number of smart city initiatives is projected to increase the demand for the next-generation industry valves, which is likely to fuel the market growth in the coming years.
On the contrary, less efficiency in humid environment and high maintenance cost hampers the growth of Asia Pacific water treatment industry valves market.
Based on valve type, the Asia Pacific water treatment industry valves market is segmented into ball valves, butterfly valves, diaphragm valves, safety valves, check valves, gate valves, and others. The ball valves segment held 25.3% market share in 2022, amassing US$ 1,075.29 million. It is projected to garner US$ 1,648.94 million by 2030 to register 5.5% CAGR during 2022-2030.
In terms of material type, the Asia Pacific water treatment industry valves market is segmented into steel alloys, stainless steel, cast iron, and others. The stainless-steel segment held 39.9% share of Asia Pacific water treatment industry valves market in 2022, amassing US$ 1,698.56 million. It is anticipated to garner US$ 2,886.87 million by 2030 to expand at 6.9% CAGR during 2022-2030.
By country, the Asia Pacific water treatment industry valves market is segmented into China, Japan, and the Rest of Asia Pacific. Our regional analysis states that China captured 44.2% share of Asia Pacific water treatment industry valves market in 2022. It was assessed at US$ 1,881.51 million in 2022 and is likely to hit US$ 2,980.01 million by 2030, registering a CAGR of 5.9% during 2022-2030.
Key players operating in the Asia Pacific water treatment industry valves market are Alfa Laval AB, Flowserve Corp, Valco Group, Spirax Sarco Engineering Plc, Velan Inc, KITZ Corp, and Emerson Electric Co, among others.
In April 2021, rapidly expanding refrigeration and air conditioning wholesaler, TF Solutions, is stocking Mitsubishi Electric products in all its branches. These products include e-series chillers, heat pumps, air handling units etc.
In September 2021, Innovative air conditioning solution from Carrier Global Corporation is helping to ensure comfort and optimal ventilation in the historic Raphael Rooms. Company has installed energy-efficient Carrier AquaSnap 30RQV chillers in a location which is unnoticeable to the visitors.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific water treatment industry valves market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific water treatment industry valves market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Water Treatment Industry Valves Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Raw Materials Suppliers-
4.2.2 Manufacturing and Assembly:
4.2.3 End Users:
4.2.4 List of Vendors in the Value Chain
4.3 Qualitative Analysis of Standardizations for Valves in Water Treatment Industry, By Country
4.3.1 Japan
4.4 Product Features, By Valve Types
5. Asia Pacific Water Treatment Industry Valves Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapid Urbanization Across the Globe is Driving the Market Growth
5.1.2 Rise in Investments in Water Treatment Plants
5.2 Market Restraints
5.2.1 High Maintenance Costs of the Valves
5.3 Market Opportunities
5.3.1 Growing Number of Smart City Initiatives
5.4 Future Trends
5.4.1 Rising Development of Next Generation Valves
5.5 Impact of Drivers and Restraints:
6. Water Treatment Industry Valves Market – Asia Pacific Market Analysis
6.1 Overview
6.2 Water Treatment Industry Valves Market Revenue (US$ Million), 2020-2030
6.3 Water Treatment Industry Valves Market Forecast Analysis
7. Asia Pacific Water Treatment Industry Valves Market Analysis – by Valve Type
7.1 Ball Valve
7.1.1 Overview
7.1.2 Ball Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
7.2 Butterfly Valve
7.2.1 Overview
7.2.2 Butterfly Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
7.3 Diaphragm Valve
7.3.1 Overview
7.3.2 Diaphragm Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Safety Valve
7.4.1 Overview
7.4.2 Safety Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Check Valve
7.5.1 Overview
7.5.2 Check Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
7.6 Gate Valve
7.6.1 Overview
7.6.2 Gate Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
7.7 Others
7.7.1 Overview
7.7.2 Others: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Water Treatment Industry Valves Market Analysis – by Material Type
8.1 Steel Alloys
8.1.1 Overview
8.1.2 Steel Alloys: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
8.2 Stainless Steel
8.2.1 Overview
8.2.2 Stainless Steel: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
8.3 Cast Iron
8.3.1 Overview
8.3.2 Cast Iron: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Others
8.4.1 Overview
8.4.2 Others: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Water Treatment Industry Valves Market -Country Analysis
9.1 Asia Pacific
9.1.1 Asia Pacific: Water Treatment Industry Valves Market, By Key Country – Revenue 2022 (US$ Million)
9.1.2 Asia Pacific: Water Treatment Industry Valves Market – Revenue and Forecast Analysis – by Country
9.1.2.1 Asia Pacific: Water Treatment Industry Valves Market – Revenue and Forecast Analysis – by Country
9.1.2.2 China: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.2.1 Heat Map Analysis
9.1.2.2.2 Company Positioning & Concentration
9.1.2.2.3 China: Water Treatment Industry Valves Market Breakdown, by Valve Type
9.1.2.2.4 China: Water Treatment Industry Valves Market Breakdown, by Material Type
9.1.2.3 Japan: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.3.1 Heat Map Analysis
9.1.2.3.2 Company Positioning & Concentration
9.1.2.3.3 Japan: Water Treatment Industry Valves Market Breakdown, by Valve Type
9.1.2.3.4 Japan: Water Treatment Industry Valves Market Breakdown, by Material Type
9.1.2.4 Rest of Asia Pacific: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.4.1 Rest of Asia Pacific: Water Treatment Industry Valves Market Breakdown, by Valve Type
9.1.2.4.2 Rest of Asia Pacific: Water Treatment Industry Valves Market Breakdown, by Material Type
10. Competitive Landscape
10.1 Heat Map Analysis
10.2 Company Positioning & Concentration
10.3 Water Treatment Industry Valve Market Share (%), 2022
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Alfa Laval AB
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Flowserve Corp
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Valco Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Spirax Sarco Engineering Plc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Velan Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 KITZ Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Emerson Electric Co
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
13. Appendix
13.1 About the Research Team
Table 1. Water Treatment Industry Valves Market Segmentation
Table 2. List of Vendors
Table 3. Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Table 4. Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million) – by Valve Type
Table 5. Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million) – by Material Type
Table 6. Asia Pacific: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 7. Heat Map Analysis by Key Players
Table 8. China: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Valve Type
Table 9. China: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Table 10. Heat Map Analysis by Key Players
Table 11. Japan: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Valve Type
Table 12. Japan: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Table 13. Rest of Asia Pacific: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Valve Type
Table 14. Rest of Asia Pacific: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Table 15. Heat Map Analysis by Key Players
Figure 1. Water Treatment Industry Valves Market Segmentation, by Country
Figure 2. Water Treatment Industry Valves Market – Key Market Dynamics
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Water Treatment Industry Valves Market Revenue (US$ Million), 2020-2030
Figure 5. Water Treatment Industry Valves Market Share (%) – by Valve Type (2022 and 2030)
Figure 6. Ball Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Butterfly Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Diaphragm Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Safety Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Check Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Gate Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Others: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Water Treatment Industry Valves Market Share (%) – by Material Type (2022 and 2030)
Figure 14. Steel Alloys: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Stainless Steel: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Cast Iron: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Others: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Asia Pacific: Water Treatment Industry Valves Market, By Key Country – Revenue 2022( US$ Million)
Figure 19. Asia Pacific: Water Treatment Industry Valves Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 20. China: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million)
Figure 21. Company Positioning & Concentration
Figure 22. Japan: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million)
Figure 23. Company Positioning & Concentration
Figure 24. Rest of Asia Pacific: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million)
Figure 25. Company Positioning & Concentration
Figure 26. Company Market Share Analysis
The List of Companies – Asia Pacific Water Treatment Industry Valves Market
o Alfa Laval AB
o Flowserve Corp
o Valco Group
o Spirax Sarco Engineering Plc
o Velan Inc
o KITZ Corp
o Emerson Electric Co
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