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Reportlinker Adds US Industrial Valves Market Report

Posted on: Thursday, 1 October 2009, 12:19 CDT

NEW YORK, Oct. 1 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue.

US Industrial Valves Market

http://www.reportlinker.com/p0135951/US-Industrial-Valves-Market.html

US demand to reach $15.2 billion in 2013

Industrial valve demand is forecast to increase less than one percent per year to $15.2 billion in 2013. Gains will not match those registered during the 2003 to 2008 period when rising raw material costs supported price increases, which in turn boosted value gains. Through 2013, unit prices are expected to decline in response to decreasing raw material costs and, in inflation adjusted terms, valve demand will actually strengthen through 2013. The US market for industrial valves will also be fueled by an acceleration in construction expenditures growth, and, in particular, a strong rebound in residential construction spending from the low levels of 2008.

Growth in industrial valve exports to lag imports

US industrial valve manufacturers face intense competition from overseas producers. Lower-end valves are increasingly being made in developing countries with low labor costs, and more highly engineered valves are manufactured in Western Europe and Japan. As a result, import growth is forecast to outpace that of exports through 2013, and the considerable US trade deficit in valves is expected to rise, albeit at a moderating pace. Canada and Mexico are important export markets for US valve manufacturers. Rapidly developing countries in Asia and Latin America will also provide good growth prospects, particularly in process manufacturing and utilities applications.

Construction market to post fastest annual gains

Process manufacturing industries and the utilities sector are the dominant markets for industrial valves because of their heavy fluid handling requirements. However, demand gains in these markets will be modest, as shipment increases in most process manufacturing industries are expected to moderate and utilities construction spending growth will not be as strong as during the 2003 to 2008 period. The fastest gains through 2013 will be posted in the construction market, with industrial valve sales expanding 2.4 percent per year. Growth in this area will be supported by acceleration in building construction expenditures, including an expected turnaround in residential building spending. In 2008, original equipment manufacturing applications accounted for more than two-thirds of total industrial valve demand and are expected to remain the dominant source of valve sales for the foreseeable future.

Standard industrial valves to outpace automatic types

Demand for standard valves is forecast to outpace that of automatic valves, because more buyers will opt to purchase the less expensive standard valves as nonresidential fixed investment slows, possibly upgrading them with separately sold actuators at a later date.

Steel, alloys to remain dominant valve material

Steel and steel alloys will remain the most commonly utilized valve construction materials due to their durability and strong performance in high temperature, high stress applications. Although valve performance will continue to be improved by advances in nontraditional materials (e.g., plastics, titanium and other metal alloys), steel and steel alloys will still make up nearly one-half of valve demand in 2013.

Study coverage

This new industry study, Industrial Valves, presents historical demand data (1998, 2003 and 2008) plus forecasts for 2013 and 2018 by product and market. The study also considers market environment factors, assesses the industry structure, evaluates company market shares and profiles more than 30 industry players.

TABLE OF CONTENTS

INTRODUCTION x

I. EXECUTIVE SUMMARY 1

II. MARKET ENVIRONMENT 4

General 4

Macroeconomic Overview 5

Nonresidential Fixed Investment Trends 10

Manufacturing Outlook 13

Chemical Industry Overview 16

Petroleum Refining Industry Overview 20

Pulp & Paper Industry Overview 21

Utilities Outlook 23

Water & Sewage Industry Overview 25

Electric Power Industry Overview 27

Natural Gas Industry Overview 30

Resource Extraction Outlook 32

Crude Oil & Natural Gas Overview 32

Mining Industry Overview 35

Construction Industry Overview 36

III. VALVE OVERVIEW 41

General 41

Supply & Demand 42

Valve Shipments by Type 45

Valve Shipments by Material 46

Steel & Steel Alloys 49

Iron 51

Copper-Based 53

Plastic & Other Materials 55

Historical Market Trends 58

Pricing Trends 61

Regulations & Standards 63

Technology 67

World Industrial Valve Market 70

US Foreign Trade 72

Imports 73

Exports 76

IV. STANDARD VALVES 78

General 78

Application-Specific Valves 81

Waterworks Valves 84

Plumbing, Heating & Cooling Valves 85

Nuclear Valves 88

Multiturn Valves 91

Gate, Globe & Check Valves 94

Gate 95

Globe 96

Check 97

Pinch & Diaphragm Valves 98

Quarterturn Valves 100

Ball Valves 104

Butterfly Valves 107

General Purpose 110

High Performance 111

Parts & Actuators 113

Plug Valves 113

Safety & Relief Valves 116

Other Industrial Valve Products 118

Gas Cylinder Valves 120

Separately Sold Actuators 121

Steam Traps 122

Other Standard Valves & Parts 123

V. AUTOMATIC VALVES 124

General 124

Control Valves 127

Pneumatic 131

Solenoid 132

Electric & Other 134

Regulator Valves 137

Automatic Actuators 139

VI. MARKETS 142

General 142

Demand by Market 142

Demand by Source 144

Process Manufacturing 145

Chemicals 149

Petroleum Refining 151

Pulp & Paper 153

Other 155

Utilities 158

Water & Sewage 161

Electric Power Generation 163

Natural Gas 166

Resource Extraction Industries 168

Crude Petroleum & Natural Gas 170

Mining 173

Construction 174

Other 176

VII. INDUSTRY STRUCTURE 179

General 179

Industry Composition 180

Market Share 183

Product Development 186

Manufacturing 189

Marketing & Distribution 191

Financial Issues 193

Mergers & Acquisitions 195

Company Profiles 198

Alfa Laval AB 199

Aliaxis SA 201

American Cast Iron Pipe Company 202

American R/D, see McWane

Amot Controls, see Roper Industries

AMRI, see KSB

Armstrong International Incorporated 204

ASCO Valve, see Emerson Electric

Barksdale, see Crane

Becker Precision Equipment, see Dresser

Bettis, see Emerson Electric

Cameron International Corporation 205

Circle Seal Controls, see Circor

Circor International Incorporated 207

Clow Valve, see McWane

Conbraco Industries Incorporated 210

Control Components, see IMI

Crane Company 212

Curtiss-Wright Corporation 215

DeltaValve, see Curtiss-Wright

Dresser Incorporated 218

Emerson Electric Company 220

Enertech, see Curtiss-Wright

EnPro Industries Incorporated 223

Entegris Incorporated 225

Everlasting Valve, see Armstrong International

Farris Engineering, see Curtiss-Wright

Fisher Controls International, see Emerson Electric

Flowserve Corporation 226

FMC Technologies Incorporated 228

Ford Meter Box Company 230

France Compressor Products, see EnPro Industries

FRIATEC, see Aliaxis

General Electric Company 231

Hansen Technologies, see Roper Industries

Harrington Industrial Plastics, see Aliaxis

Harsco Corporation 232

Hoffman Specialty, see ITT

Honeywell International Incorporated 233

Horizon Compressor Services, see EnPro Industries

Hydro-Aire, see Crane

IMI plc 235

Invensys plc 237

ITT Corporation 238

Kennedy Valve, see McWane

KF Industries, see Circor

Kitz Corporation 241

KSB AG 242

Leslie Controls, see Circor

M&H Valve, see McWane

Masoneilan, see Dresser

Maxon, see Honeywell International

McWane Incorporated 244

Metso Corporation 246

Mueller Water Products Incorporated 248

NIBCO Incorporated 249

Parker-Hannifin Corporation 251

Pure-Flo, see ITT

RAM Air, see EnPro Industries

Roper Industries Incorporated 255

Shafer Valve, see Emerson Electric

Sherwood, see Taylor-Wharton International

Snap-tite Incorporated 257

Spence Engineering, see Circor International

SPX Corporation 259

Swagelok Company 261

TapcoEnpro International, see Curtiss-Wright

Target Rock, see Curtiss-Wright

Taylor-Wharton International LLC 262

Tescom, see Emerson Electric

Tyco International Limited 264

Valve Systems and Controls, see Curtiss-Wright

Velan Incorporated 266

Vetco Gray, see General Electric

Victaulic Company of America 268

Watts Water Technologies Incorporated 269

Additional Valve Companies 272

LIST OF TABLES

SECTION I -- EXECUTIVE SUMMARY

SECTION II -- MARKET ENVIRONMENT

1 Macroeconomic Indicators 10

2 Nonresidential Fixed Investment Expenditures 13

3 Manufacturers' Shipments 16

4 Chemical Shipments 19

5 Refined Petroleum Production & Consumption 21

6 Paper & Paperboard Production 23

7 Utilities Construction Expenditures 25

8 Water Withdrawal Trends 27

9 Electricity Generation 30

10 Natural Gas Utility Indicators 32

11 Crude Oil & Natural Gas Supply & Demand 35

12 Mining Materials Handled 36

13 Construction Expenditures 40

SECTION III -- VALVE OVERVIEW

1 Industrial Valve Supply & Demand 44

2 Industrial Valve Shipments by Primary Material 48

3 Steel & Steel Alloy Valve Shipments 51

4 Iron Valve Shipments 53

5 Copper-Based Valve Shipments 55

6 Plastic & Other Valve Shipments 58

7 Industrial Valve Market, 1998-2008 60

8 Industrial Valve Price Deflators 62

9 World Valve Demand by Region 72

10 US Foreign Trade in Industrial Valves 73

SECTION IV -- STANDARD VALVES

1 Standard Industrial Valve Supply & Demand 80

2 Application-Specific Valve Supply & Demand 83

3 Waterworks Valve Shipments by Type 85

4 Plumbing, Heating & Cooling Valve Shipments by Type 88

5 Nuclear Valve Shipments by Type 91

6 Multiturn Valve Supply & Demand 93

7 Gate, Globe & Check Valve Shipments

by Parts & Material 95

8 Pinch & Diaphragm Valve Shipments 100

9 Quarterturn Valve Supply & Demand 103

10 Ball Valve Shipments by Material 107

11 Butterfly Valve Shipments by Type & Material 110

12 Plug Valve Shipments by Parts & Material 115

13 Safety & Relief Valve Supply & Demand 118

14 Other Industrial Valve Product Supply & Demand 120

SECTION V -- AUTOMATIC VALVES

1 Automatic Industrial Valve Supply & Demand 126

2 Control Valve Supply & Demand 130

3 Pneumatic Valve Shipments by Type 132

4 Solenoid Valve Shipments by Type 134

5 Electric & Other Control Valve Shipments by Type 136

6 Regulator Valve Supply & Demand 138

7 Automatic Actuator Supply & Demand 141

SECTION VI -- MARKETS

1 Industrial Valve Demand by Market 143

2 Industrial Valve Demand by Source 145

3 Process Manufacturing Valve Demand 148

4 Chemical Industry Valve Demand 151

5 Petroleum Refining Industry Valve Demand 153

6 Pulp & Paper Industry Valve Demand 155

7 Other Process Industry Valve Demand 158

8 Utilities Valve Demand 160

9 Water & Sewage Valve Demand 163

10 Electric Power Valve Demand 166

11 Natural Gas Utilities Valve Demand 168

12 Resource Extraction Valve Demand 170

13 Crude Petroleum & Natural Gas Valve Demand 173

14 Mining Industry Valve Demand 174

15 Construction Valve Demand 176

16 Other Markets for Valves 178

SECTION VII -- INDUSTRY STRUCTURE

1 Industrial Valve Sales by Company, 2008 182

2 Capital Spending Patterns: Selected Industrial

Valve Manufacturers 191

3 Composite Financial Ratios: Selected Industrial

Valve Manufacturers 195

4 Selected Acquisitions & Divestitures 197

LIST OF CHARTS

SECTION III -- VALVE OVERVIEW

1 Industrial Valve Demand by Type 45

2 Industrial Valve Shipments by Primary Material 48

3 Industrial Valve Market, 1999-2008 61

4 Industrial Valve Pricing 63

5 Industrial Valve Imports by Source, 2008 75

6 Industrial Valve Exports by Destination, 2008 77

SECTION IV -- STANDARD VALVES

1 Standard Valve Demand by Type 81

2 Application-Specific Valve Shipments by Type, 2008 83

3 Quarterturn Valve Shipments by Type, 2008 104

SECTION V -- AUTOMATIC VALVES

1 Control Valve Shipments by Type, 2008 130

2 Regulator Valve Shipments by Type, 2008 139

SECTION VI -- MARKETS

1 Process Manufacturing Valve Demand by Market, 2008 148

2 Utilities Valve Demand by Market, 2008 161

SECTION VII -- INDUSTRY STRUCTURE

1 Industrial Valve Market Share by Company, 2008 183

To order this report:

US Industrial Valves Market

http://www.reportlinker.com/p0135951/US-Industrial-Valves-Market.html

More market research reports here!

Nicolas Bombourg Reportlinker Email: nbo@reportlinker.com US: (805)652-2626 Intl: +1 805-652-2626

SOURCE Reportlinker

Source: PR Newswire

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