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Unidirectional Knife Gate Valves Market Size, Share, & Trends Estimation Report By Type Outlook (Wafer Type, Lug Type), By Application Outlook (Commercial, Industrial, Others), Region, and Forecasts, 2023–2030
Market Overview
Global Unidirectional Knife Gate Valves market is estimated to reach a value of USD 929 million in 2022 and is expected to USD 1331.2 million by 2030, demonstrating a tremendous compound annual growth rate (CAGR) of 4.6% from 2022 to 2030.
A one-way knife gate valve uses an elastic seal to stop leaks. This is a metal-to-metal valve. A knife gate valve is one type of one-way valve that only lets things move in one direction. Thanks to the movement made by the blades on both sides of the opening, there is no pressure loss through extra holes or places where gas could escape. Compared to similar products, this makes the item safer and less likely to break. The goal of the valve is to let flow go in only one direction. This makes it perfect for places like water or gas distribution networks and oil refineries where flow can only go in one direction.
There is a bigger market for gate valves in the Asia-Pacific area. The main reasons for the rise are the fast pace of urbanization and the growing number of people living in the area. For example, the State Council of the People's Republic of China says that by 2021, 64.72 % of China's regular residents will live in cities. The growth of water and wastewater valves is another important market change in the Asia-Pacific region.
Due to the COVID-19 pandemic, the market for Knife Gate Valves is estimated to grow from its current projected value of USD 975.4 million in 2022 to USD 1331.2 million in 2030, with a CAGR of 4.6% over the forecast period of 2022–2030. In 2021, Pneumatic Knife Gate Valves made up % of the global market for Knife Gate Valves. By 2030, the market for Pneumatic Knife Gate Valves is projected to reach USD million, growing at a revised% CAGR from 2022 to 2030.
Market Dynamics
Trends: The market is growing very quickly because of industrialization
Since the beginning of the industrial revolution, the size of the industrial sector around the world has grown by a lot. This growth is caused by many things, like people moving to cities and buying more things made in factories. The Federal Reserve says that total manufacturing output rose at an annual rate of 6.1% in the second quarter of 2022, but it fell overall by 0.2% in June.
Since the manufacturing industry has grown, it is now one of the main contributors to the GDP of any country. For example, the World Bank thinks that the value of the manufacturing industry to the GDP of the European Union in 2021 will be 15%. The growth of the business is also helped by the fact that there are a lot of factories. Germany is home to one of the largest chemical companies in the world. In 2021, there were about 3500 chemistry companies in the country. The chemical industry is one of the biggest users of gate valves in the country, so the need for them is expected to grow.
The growth of the industrial sector is also adding to the need for energy. For example, the Energy Information Administration (EIA) says that the world will use 98.8 million barrels of liquid fuel and gasoline in July 2022. As the oil and gas industry is one of the biggest users of gate valves, these trends are likely to help the market being looked into grow.
The Asia-Pacific region is likely to grow a lot
After making a deal in February 2022, Russia agreed to send gas to China through a new pipeline for the next 30 years. According to the deal, Gazprom, the Russian government's energy company, will send CNPC, the largest state-owned energy company in China, 10 billion cubic meters of gas every year.
The water and wastewater businesses also have a big effect on the market for gate valves in the area. Because more people are moving to cities in many countries, there have been a lot more investments in network infrastructure. For example, the Indian government gave INR 3.6 trillion (USD 50 billion) to the Jal Jeevan Mission in 2020. This project aims to get piped water to every home in India by 2030.
Similar demand has been seen in other Asian countries, and it is expected that this demand will help the market grow in the Asia-Pacific region during the projection time. In Australia, for example, the National Water Grid Connections said in January 2022 that it would pay for about 40 water projects, such as the building of off-stream storage dams and farming systems that use recycled water. Because of this growth, there will be more need for gate locks in the area.
Drivers and restraints: In the study report, there is a review of different factors that help the market grow. It is made up of patterns, obstacles, and forces that can change the market in a good or bad way. This part also talks about the size of different market segments and uses that may have an effect on the market in the future. The details are based on turning points in history and patterns that are happening right now. In this part, we also look at how much of each type will be made for the world market and for each type from 2022 to 2030. This part talks about the amount of production by area from 2022 to 2030. The study looks at prices for each type from 2022 to 2030, each manufacturer from 2022 to 2022, and the world price from 2022 to 2030.
Valve makers must follow the different certifications and laws that apply in each place. Because valves are used in a wide range of end-user industries, this leads to a wide range of product requirements. But the valves market isn't growing as fast as it could because different companies have to change the same product to fit regional laws. This makes it hard for valve makers to find the best price for installation, which slows the growth of the valves market. To solve this problem, they must use their resources to set up factories in different places. This will require them to spend more money on capital.The rapid industrialization of countries in the Asia-Pacific and Latin American areas is driving the need for one-way knife gate valves.Because they are more reliable than traditional plate valves, more and more people are using these knives to stop fluid from leaking and make things safer.
Strong economic growth around the world has led to more production operations, which has helped the market grow, especially in industrialized countries like North America and Europe.
Growth Factors
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The rapid industrialization of countries in the Asia-Pacific and Latin American areas is driving the need for one-way knife gate valves.Because they are more reliable than traditional plate valves, more and more people are using these knives to stop fluid from leaking and make things safer.
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Strong economic growth around the world has led to more production operations, which has helped the market grow, especially in industrialized countries like North America and Europe.
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One-way knife gate valves are becoming more popular in emerging countries like China and India, which is another thing that is helping these markets grow in different places.
Major Market Segments Covered
On the basis Type
Wafer Type
Wafer-type unidirectional knife gate valves are engineered with the use of a flat blade that is fixed to one side and biased against a wafer plate on the other. The movement of these blades causes them to open or close depending on direction, while still allowing only one-way flow through it. This design allows for easy installation as well as enhanced sealing capabilities compared to lug-type knives which expose both sides when opened. Wafer-type unidirectional knife gate valves are available in a range of sizes from 16mm to 400mm and cover pipe diameters ranging from less than 25 mm up to 50 cm, while lug type is only offered for smaller pipes.
Lug Type
Lug-type unidirectional knife gate valves are the most common type of this product. Lug-type valve has a simple design that consists of two sliding disks with one disk mounted on top and another below it in such a manner they can move together or in opposite directions; these knives have wide edges to cut through solids, which seals them off between nozzles on both sides when opened after passing through the flow direction. This configuration allows for single-direction cutting action without the need for any auxiliary equipment like clutches or reversing mechanisms.
On the basis Application
Commercial
Hotels, restaurants, and other companies that serve food are some examples of commercial uses.
Industrial
Industrial applications comprise chemical plants, power plants, and petrochemical facilities among others. Knife gates are used to control the flow of liquids and gases in a number of processes, including the refining of crude oil. These gates work under high pressure levels of 50 to 300 bar and a temperature range of -40°C to +200°C. These products are also used in a number of other fields, such as the pharmaceutical industry, where they are used to control the flow of fluids at low temperatures or under high pressures that reach 150 bar or 18 MPa. (1 atmosphere).
Others
The healthcare, food and beverage, and water treatment businesses are all part of the others segment.
Regional insights
North America is the largest market for this product. since it uses more than half of the world's one-way knife gate gates. The high level of industrialization has made the need for one-way valves that look like knives grow. These valves are great for situations where only one direction can be allowed, like in water or gas transport networks and oil refineries. The commercial market is projected to grow at a higher CAGR during the forecast period because more industries, like the food processing industry, are using it. During the study period, this market is expected to be led by Latin America because countries like Brazil and Colombia put a lot of effort into producing hydrocarbons and the demand for natural gas as an energy source is growing.
Scope Of Report
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | Value (USD Million) |
Growth Rate | CAGR of 4.6 % from 2023 to 2030 |
By Type |
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By Application |
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By Companies |
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Regional Scope |
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Reasons to Purchase this Report and Customization Scope | 6-month post-sale analyst assistance.10% Free Customization and 15 Company Profiles in addition to the ones specified |
Key Vendor
- DeZURIK
- LK Valves
- ORBINOX
- Bray
- Tecofi
- Davis Valve and others.
- DeZURIK
DeZURIK makes many different kinds of cast and manufactured Knife Gate Valves, such as the ones below. The best cast knife gate valves from DeZURIK are made of stainless steel. They are used to shut off or isolate liquids, slurries, or dry materials that are very acidic or rough. As standard, they can handle up to 150 psi CWP of pressure, and they all come with the DeZURIK luxury packing system.
- LK Valves
In 2005, LK Valves & Controls opened for business. Their staff has been providing valves and controllers for a wide range of uses for more than 100 years. Customers really value the fact that the company has a lot of information and experience. They have their own hydraulic test rig, which lets us test each valve's pressure individually in front of inspectors from the Classification Society on behalf of their customers.
- ORBINOX
ORBINOX has designed, made, and sold knife gate valves, penstocks, dampers, and valves for hydraulic work for more than 50 years. ORBINOX is today present in over 70 countries on all five continents. It has 6 manufacturing plants in Europe, the Americas, and Asia, 12 sales companies, and a large network of distributors around the world.
- Tecofi
Knife Gate Valves from Tecofi, a French company that makes valves for water treatment, biogas, and industrial processes in general.
- Davis Valve
The knife gate valve is made by Davis Valve. Davis Valve is ready to help you. They have more than 1000 knife gate valves in stock and many different types to choose from. Out of stock, knife gate valves come with hand wheels, gears, chain wheels, and air tanks. Their valves come in CF8 (304 SS), CF8M (316 SS), CG8M (317 SS), WCB steel, and Ductile iron. From 2" to 36", they have knife gates in stock.
Industry development
In May 2018, Orbinox showed off a strong slurry knife gate valve designed for high-pressure use in the mining industry. There are many uses for abrasive-corrosive and abrasive-abrasive slurries, as well as tailing lines in mineral enrichment plants or pipelines that move concentrated slurry.
In December 2017, Emerson will put out the Clarkson SU10R line of high-quality and reliable knife gate valves. These valves were made to meet the needs of customers in medium-service mining uses that are hard to get right.
Market Segmentation
Global Unidirectional Knife Gate Valves Market research report is categorized based on type, applications and region.
On the basis of Type
- Wafer Type
- Lug Type
On the basis of Application
- Commercial
- Industrial
- Others
Global Unidirectional Knife Gate Valves Market Regional insights
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America