Transparency Market Research
Diaphragm valve is a type of workhouse used to control the flow and temperature of fluids in various industrial applications. Diaphragm valves help reduce maintenance cost, minimize the risk of contamination, control pressure drop, and provide better flow regulation for smooth processes. They are mainly aimed at non-hygienic applications.
Radioactive waste management industry creating demand for valves is a primary factor expected to drive the growth of the diaphragm valves market throughout the estimated period 2018 - 2026. Diaphragm valves are used in numerous processes in these plants to determine radioactive wastes safely. Radioactive wastes are divided into three types, viz. low-level, middle-level, and high-level wastes, which can be carefully disposed of with the help of diaphragm valves. Moreover, demand for electricity or energy is also rising owing to the growth in population and rapid industrialization. Demand for electricity is expected to boost the establishment of nuclear plants which are the dominant source of energy generation. These factors are estimated to drive the global diaphragm valves market during the forecast period.
The global diaphragm valves market can be segregated in terms of end-user, product type, body material type, diaphragm material type, distribution channel, and region. As per product type, the market can be split into straightway diaphragm valves and weir diaphragm valves. Based on end-user, the market can be divided into pharmaceutical industry, water treatment industry, chemical industry, power industry, and food & beverage industry. According to body material type, the diaphragm valves market can be bifurcated into wood, brass, steel, and plastic. Further, the steel material type segment can be divided into ductile iron, cast iron, carbon steel, and stainless steel. The plastic material type can be classified into PVC, PTFE, PFA, and others (PP, PE, etc.). On the basis of diaphragm material type, the market can be bifurcated into rubber-lined type and fluorine plastic type. Based on distribution channel, the diaphragm market can be segmented into online channel and offline channel.
In terms of region, the global diaphragm valves market can be categorized into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). North America country-level analysis features the U.S., Canada, and Rest of North America. Analysis and forecast of the diaphragm valves market in Europe include the market in the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa includes the analysis and forecast of the diaphragm valves market in GCC countries, South Africa, and Rest of Middle East & Africa. The South America diaphragm valves market has been segmented into Brazil, Mexico, and Rest of South America. The diaphragm valves market in Asia Pacific is expected to expand at a significant CAGR throughout the forecast period due to the presence of production base of manufacturers of diaphragm valves in the region. These is due to the increasing demand for diaphragm valves from the water & wastewater and chemical industries in Asia Pacific.
Key players functioning in the global diaphragm valves market include Crane Co., Formatura Iniezione Polimeri S.p.A. (FIP), GEMÜ Group, ITT INC., Nippon Daiya Valve, Alfa Laval, Christian Bürkert GmbH & Co. KG, Emerson Electric Co., GEA Group Aktiengesellschaft, KSB SE & Co. KGaA, SPX Flow, tecofi.fr, and The Weir Group PLC. Key manufacturers are focused on enhancing their efficiency to increase their user base and expand their topographical range. They are concentrating on quality, price, and brand to compete with the other key players and enhance their market share. Also, they are focused on offering an extensive range of diaphragm valves to various end-user industries.
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