North America Water Treatment Industry Valves Market Forecast to 2030
North America 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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- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
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Description
Rising Development of Next Generation Valve Fuels North America Water Treatment Industry Valves Market
Valve manufacturers have started integrating automation and IoT technologies into valves to increase overall efficiency and effectiveness. Smart valves make use of IoT technologies to regulate, monitor, and automate valve operations more efficiently. These next-generation valves manage flow rates and pressure to ensure equal resource allocation. They maintain a steady and balanced supply, preventing issues such as water hammer, poor distribution, and excessive use. Furthermore, smart valves use advanced sensors and algorithms to detect leaks early. Smart valves can detect unusual changes in pressure and flow rates and inform operators of potential leaks. This reduces damage and prevents resource waste. Thus, owing to such benefits of the technology-integrated valves, many manufacturers are focusing on product development strategies. In November 2021, Rusco released a smart automatic ball valve controlled by an app. The Smart Ball Valve is easily compatible with a few smartphones, allowing for program automation and simplifying two major functions: sediment flushing and flow shutoff. The product can be utilized in home filtration, well water, and commercial and municipal applications and is available in both Wi-Fi and Zigbee variants, ensuring maximum access to the technology. In June 2023, SANKING introduced the Intelligent Motorized Ball Valve to suit the management and control requirements of the new era of pipe systems. The valve has two communication modes, MODBUS485 and 4-20mA, and might be integrated with a PLC for remote management and real-time feedback. These valves are particularly useful for applications that demand precise flow control, such as dosing and water treatment systems. In June 2023, Aquana, LLC. announced the launch of its latest product, a new remote shutoff valve, in the IoT platform portfolio. The Aquana AVS valve is an IP68-rated remote disconnect ball valve that works with any existing Advanced Metering Infrastructure (AMI) platform. The Aquana valve is a cost-effective solution for water utilities looking to implement remote water shutoff within their service zone. Thus, the development of next-generation valves by manufacturers is expected to create several opportunities for the water treatment industry valves market growth during the forecast period.
North America Water Treatment Industry Valves Market Overview
North America water treatment industry is growing at rapid pace with government initiatives and funding for the clean water infrastructure. For instance, in July, the US Department of Interior invested around US$ 152 million as a part of Bipartisan Infrastructure Law for bringing clean, and reliable drinking water for the communities across the West US. ?The projects were launched in Colorado, California, and Washington in area of 1.7-million-acre feet for the additional water storage capacity. The funding also made to advance water storage capacities in that area.??Such increase in the investment for water related infrastructure is driving the valves market in this region. The water treatment industry valves market growth in the US is driven by an urgent need to revamp the aging infrastructure of water networks across the country. According to the 2021 Aging Infrastructure Report by the American Society of Civil Engineers, the average age of water-network pipes is 45 years, with some exceeding a century. Notably, the Midwest and Southeast regions have experienced high rates of pipe breakage in recent years, contributing to substantial water loss from distribution networks. To tackle this challenge, President Biden has taken a decisive step by signing the Bipartisan Infrastructure Law, also known as the Infrastructure Investment and Jobs Act. This groundbreaking legislation will allocate over US$ 50 billion in investment over the next 5 years, marking the largest financial commitment in American history to enhance drinking water, wastewater, water reuse, conveyance, and water storage infrastructure. Notably, the funding includes dedicated resources for replacing lead service lines and addressing per- and polyfluoroalkyl substances (PFAS). The projected surge in water-pipe replacement rates is expected to reach 16,000-20,000 miles per year by 2035, i.e., four times the current annual replacement rate in 2021, which is likely to benefit the water treatment industry valves market. Valves are essential components that would play a pivotal role in controlling, regulating, and optimizing water flow within the updated infrastructure. With a focus on modernizing and securing water distribution networks, the valve market is well-positioned to benefit from this historic investment, ensuring more resilient and efficient water treatment systems across the nation.
North America Water Treatment Industry Valves Market Revenue and Forecast to 2030 (US$ Million)
North America Water Treatment Industry Valves Market Segmentation
The North America water treatment industry valves market is categorized into valves type, material type, and country.
Based on valve type, the North America 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 North America 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 North America water treatment industry valves market in 2022.
By country, the North America water treatment industry valves market is bifurcated into the US and the Rest of the North America. The US dominated the North America water treatment industry valves market share in 2022.
Alfa Laval AB, Flowserve Corp, Spirax Sarco Engineering Plc, Velan Inc, KITZ Corp, Emerson Electric Co, American AVK Co, and DeZURIK Inc. are some of the leading companies operating in the North America water treatment industry valves market.
Summary Info
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According toThe Research Team’ research, the North America water treatment industry valves market was valued at US$ 2,411.75 million in 2022 and is expected to reach US$ 3,435.69 million by 2030, registering a CAGR of 4.5% from 2022 to 2030. Rapid urbanization and rise in investments in water treatment plants are among the critical factors attributed to drive the North America water treatment industry valves market growth.
Urbanization is the concentration of human populations in distinct locations. This concentration results in the conversion of land for residential, commercial, industrial, and transportation use. According to the updated list of urban areas provided by the United States Census Bureau in December 2022, the US urban population increased by 6.4% between 2010 and 2020. Urban areas have become denser because of urbanization, with an average population density rising from 2,343 in 2010 to 2,553 in 2020. Per the 2020 Census statistics, 36 new urban areas were classed as rural in 2010. The West region of the US remained the most urban of the country’s four census areas, with 88.9% of its inhabitants living in cities, followed by the Northeast region with 84.0%. As more people relocate to cities, the demand for water and its consumption increases. According to the United Nations, buildings are responsible for ~12% of global water usage. Industries also require water to run their operations. The gear and equipment used in manufacturing, mining, and agriculture applications require enormous volumes of water. As more industries are built in cities as a part of urbanization, the demand for water increases. According to data given by the United States Environmental Protection Agency, a family in the US consumes more than 300 gallons of water each day at home. As a result, increased water consumption directly leads to high demand for water purification and filtration plants. Increased demand for the water treatment plants led to new treatment projects ultimately driving the industrial valve demand. Therefore, rapid urbanization is a key factor driving the water treatment industry valves.
On the contrary, less efficiency in humid environment and high maintenance cost hampers the growth of North America water treatment industry valves market.
Based on valve type, the North America 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 25.7% market share in 2022, amassing US$ 620.44 million. It is projected to garner US$ 820.07 million by 2030 to register 3.5% CAGR during 2022-2030.
In terms of material type, the North America water treatment industry valves market is segmented into steel alloys, stainless steel, cast iron, and others. The stainless-steel segment held 40.5% share of North America water treatment industry valves market in 2022, amassing US$ 975.91 million. It is anticipated to garner US$ 1,492.15 million by 2030 to expand at 5.5% CAGR during 2022-2030.
By country, the North America water treatment industry valves market is bifurcated into the US and the Rest of the North America. Our regional analysis states that the US captured 70.7% share of North America water treatment industry valves market in 2022. It was assessed at US$ 1,704.62 million in 2022 and is likely to hit US$ 2,487.44 million by 2030, registering a CAGR of 4.8% during 2022-2030.
Key players operating in the North America water treatment industry valves market are Alfa Laval AB, Flowserve Corp, Spirax Sarco Engineering Plc, Velan Inc, KITZ Corp, Emerson Electric Co, American AVK Co, and DeZURIK Inc., 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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. North America 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 US
4.4 Product Features, By Valve Types
5. North America 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 – North America 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. North America 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. North America 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. North America Water Treatment Industry Valves Market -Country Analysis
9.1 North America
9.1.1 North America: Water Treatment Industry Valves Market, By Key Country – Revenue 2022 (US$ Million)
9.1.2 North America: Water Treatment Industry Valves Market – Revenue and Forecast Analysis – by Country
9.1.2.1 North America: Water Treatment Industry Valves Market – Revenue and Forecast Analysis – by Country
9.1.2.2 United States: 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 United States: Water Treatment Industry Valves Market Breakdown, by Valve Type
9.1.2.2.4 United States: Water Treatment Industry Valves Market Breakdown, by Material Type
9.1.2.3 Rest of North America: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
9.1.2.3.1 Rest of North America: Water Treatment Industry Valves Market Breakdown, by Valve Type
9.1.2.3.2 Rest of North America: 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 Spirax Sarco Engineering Plc
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 Velan Inc
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 KITZ Corp
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 Emerson Electric Co
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 American AVK Co
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Product price range:
12.7.5 Financial Overview
12.7.6 SWOT Analysis
12.7.7 Key Developments
12.8 DeZURIK Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 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. North America: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Country
Table 7. Heat Map Analysis by Key Players
Table 8. United States: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Valve Type
Table 9. United States: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Table 10. Rest of North America: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Valve Type
Table 11. Rest of North America: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million) – by Material Type
Table 12. 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. Ball Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 6. Butterfly Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 7. Diaphragm Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Safety Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Check Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Gate Valve: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Others: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Water Treatment Industry Valves Market Share (%) – by Material Type (2022 and 2030)
Figure 13. Steel Alloys: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Stainless Steel: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Cast Iron: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 16. Others: Water Treatment Industry Valves Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. North America: Water Treatment Industry Valves Market, By Key Country – Revenue 2022 (US$ Million)
Figure 18. North America: Water Treatment Industry Valves Market Breakdown, by Key Countries, 2022 and 2030 (%)
Figure 19. United States: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million)
Figure 20. Company Positioning & Concentration
Figure 21. Rest of North America: Water Treatment Industry Valves Market – Revenue and Forecast to 2030(US$ Million)
Figure 22. Company Positioning & Concentration
Figure 23. Company Market Share Analysis
The List of Companies – North America Water Treatment Industry Valves Market
o Alfa Laval AB
o Flowserve Corp
o Spirax Sarco Engineering Plc
o Velan Inc
o KITZ Corp
o Emerson Electric Co
o American AVK Co
o DeZURIK Inc.
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