Angle Valves Market Size, Share, Growth, and Industry Analysis, By Type (By Control: Manual, Pneumatic, Electromagnetic and, By Material: Bronze, Stainless Steel), By Application (Gases Regulation, Vacuum Regulation, Steam Regulation, Water Regulation, Aggressive Fluids Regulation, Oil Regulation and Others), Regional Insights, and Forecast To 2031

Angle Valves Market Report Overview

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global angle valves market size expanded rapidly in 2022 and the market is projected to grow substantially by 2031, exhibiting a prodigious CAGR during the forecast period.

Angle valves, also known as corner valves or stop valves, are plumbing valves that are installed at the corner of pipes to control the flow of water or other fluids. These valves have an L-shaped body and are designed to connect two pipes at a right angle.

These valves typically have a wheel-shaped handle that is turned clockwise or counter clockwise to open or close the valve. When the valve is closed, it stops the flow of water or fluid through the pipe, and when it is open, it allows the flow to resume. It is commonly used in residential and commercial plumbing systems, and can be found in various applications such as sink faucets, toilets, dishwashers, and washing machines. They are available in a variety of sizes and materials such as brass, chrome, and stainless steel, to suit different plumbing needs.

COVID-19 Impact: Pandemic Decreased the Market Demand

The COVID-19 pandemic has had a mixed impact on the angle valves market. On the one hand, the pandemic has disrupted supply chains and caused delays in production and delivery, leading to reduced output and revenue losses for companies that manufacture and sell Angle valves. On the other hand, the pandemic has led to increased demand for plumbing angle valves as people spend more time at home and undertake home improvement projects. As a result, some companies in the market have been able to capitalize on this trend and expand their market share. Additionally, the pandemic has accelerated the adoption of digital technologies in the plumbing industry, leading to greater efficiency and cost savings for companies that are able to adapt to this shift. The long-term impact of the pandemic on the angle valves market depend on various factors such as the pace of economic recovery, government policies, and changes in consumer behaviour.

Latest Trends

"Adoption of smart valve technologies to fuel growth in the market"

Smart valve technologies involve the use of sensors, wireless communication, and other digital technologies to enable remote monitoring and control of valves. These valves provide real-time information on valve position, flow rate, and temperature, which can help improve efficiency and reduce maintenance costs. They can also be integrated with other systems such as building automation systems (BAS) and supervisory control and data acquisition (SCADA) systems, providing a more comprehensive solution for monitoring and controlling plumbing systems. The adoption of smart valve technologies is being driven by various factors such as the need for greater efficiency, cost savings, and improved safety. For example, in industrial applications, smart valves can be used to monitor and control the flow of hazardous chemicals, reducing the risk of accidents and improving safety. In the commercial and residential sectors, smart valves can help reduce water and energy consumption by ensuring that valves are not left open unnecessarily.

Angle Valves Market Segmentation

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• By Type Analysis

According to type, the angle valves market can be segmented into by control: manual, pneumatic, electromagnetic and by material: bronze, and stainless steel.

• By Application Analysis

Based on application, the market can be divided into gases regulation, vacuum regulation, steam regulation, water regulation, aggressive fluids regulation, oil regulation, and others.

Driving Factors

"Growing product demand from end-use industries to foster market growth"

The Angle valves market is primarily driven by demand from various end-use industries such as oil and gas, water treatment, chemical processing, and HVAC. These industries require high-quality valves that are durable, reliable, and can withstand harsh operating conditions. The chemical industry is expected to be the largest end-use industry for the angle valves, with increasing demand for specialty chemicals driving angle valves market growth.

"Increasing focus on water conservation to result in the expansion of the market"

Angle valves are designed to provide precise control of water flow, which can help reduce water consumption and wastage. They are commonly used in applications such as plumbing, irrigation, and water treatment, where accurate and efficient control of water flow is essential. The increasing focus on water conservation and management is expected to drive angle valves market growth for Angle valves during the forecast period. The report also states that the demand for Angle valves in water and wastewater treatment applications is expected to grow significantly, driven by increasing investment in water treatment infrastructure and the need for efficient water management practices.

Restraining Factors

"Fluctuations in raw material prices to hamper the market growth"

The Angle valves market share is highly dependent on raw materials such as metals and alloys, which are subject to price fluctuations due to supply and demand imbalances, geopolitical tensions, and other factors. These price fluctuations can impact the profitability of manufacturers and limit market growth. The volatility in raw material prices is a significant restraining factor for the market.

Angle Valves Market Regional Insights

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"Asia Pacific to lead the market owing to the growing population, increasing urbanization, and industrialization."

Asia Pacific region is expected to have the largest market growth in the coming years. The growing population, increasing urbanization, and industrialization in countries such as China, India, and Southeast Asia are driving the demand for water and wastewater treatment infrastructure, construction, and industrial equipment. This, in turn, is expected to drive the demand for Angle valves in the region. Moreover, increasing investment in infrastructure development, particularly in water and wastewater treatment, is also expected to boost the demand for the angle valves in the region.

Key Industry Players

"Key players are employing advanced technologies in order to stimulate further growth of the market."

All the major players are motivated to offer superior and more advanced services in order to gain a competitive edge in the market. To increase their market presence, vendors are using a variety of techniques, including advanced angle valves launches, regional growth, strategic alliances, partnerships, mergers, and acquisitions.

LIST OF TOP ANGLE VALVES COMPANIES

• Emerson Electric Co
• GEKO Fluid Control GmbH
• Watos
• Fanovo Industries
• Azbil Corporation
• NIBCO Inc
• Genebre
• SCHELL
• Honeywell
• Fujikin
• OPW (Dover)
• HEROSE
• BHDT GmbH
• Amico
• Guangdong HENT Technology Co
• Hansbo
• Shanghai Sansheng
• Zhuji Xinba Valve Co
• Zhejiang Longda Water Technology Co

Report Coverage

This report examines an understanding of the angle valves market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new angle valves launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.