Market Share of Global Valves Industry in Chemical Industry
The global valve market in chemical industry is highly fragmented as the demand for valves is increasing in the chemical industry. The key players that are contributing to the growth of the global market include Emerson Electric Co., Schlumberger Limited, Alfa Laval Corporate AB and others, are continuously innovating new products and rising activities such as mergers and acquisitions and capacity expansion, further increasing the competition.
- July 2022 - Valmet launched Neles Q-Disc, a unique solution to improve process performance in demanding control valve applications. The launch complements the offering of the modular Neles Neldisc and Jamesbury Wafer-Sphere butterfly valve platform that was introduced to the market in June 2021. 'Q-Disc' is specifically designed for control applications, and it helps to avoid oversized actuators for control valve packages, and thus provides a solution that is more cost and energy-efficient.
- June 2022 - GF Piping Systems introduced a new ball valve 543 Pro at IFAT 2022 designed for applications in the chemical process industry, desalination and water treatment with a variety of new features. This valve improves usability and adds sensors and actuators that offer new possibilities for process automation.
Chemical Industry Valves Market Leaders
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Emerson Electric Co.
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Schlumberger Limited
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Alfa Laval Corporate AB
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Flowserve Corporation
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Crane Holdings, Co.
*Disclaimer: Major Players sorted in no particular order