On and off: Despite rebounding demand from key markets, revenue will be hindered by imports

IBISWorld’s Valve Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Threats & Opportunities

  • Increasingly difficult operating conditions tempered industry performance
  • The US dollar has strengthened considerably in recent years, placing downward pressure on
  • Strong growth in housing starts will likely boost industry performance

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    Industry Analysis & Industry Trends

    Over the past five years, the Valve Manufacturing industry exhibited moderate growth due to the integral nature of valves in many upstream markets' production processes. For most of the five-year period, strengthening economic conditions boosted demand for these markets' products, which in turn, boosted demand for valves. However, industry operators have experienced rapidly deteriorating operating conditions during the past two years, driven by rising import penetration, much weaker demand from the energy sector and decelerating growth in demand from other industrial markets. Although revenue is expected to grow over the next five years, intensifying competition from imports and lulling demand from key markets are expected to hinder performance...

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    Industry Report - Industry Analysis Chapter

    The Valve Manufacturing industry has experienced mixed results over the past five years but is poised for strong recovery in 2017. Valves are a vital component in a wide range of manufacturing processes; accordingly, demand for industry products is linked to general manufacturing and industrial production activity. In particular, valves have applications in markets ranging from petroleum refining and distribution to residential remodeling and wastewater treatment. During the first half of the five-year period, strengthening economic conditions boosted demand for these markets’ products, which in turn boosted demand for valves. However, the plummeting price of oil from 2014 through 2016 catalyzed a decline during these years. Due to these recent trends, industry revenue declined 2.4% i..

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    Additional Insights for the Valve Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Valve Manufacturing Industry are

  • Access to efficient manufacturing technology
  • Ability to adhere to specific market requirements
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as Demand from oil and gas extraction and Industrial production index in the Valve Manufacturing industry impact industry performance..

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    Industry Products

    What is the Valve Manufacturing Industry?

    Operators in this industry manufacture a variety of industrial and fluid power (e.g. hydraulic and pneumatic) valves, hose fittings and the associated trimming made from metal. This industry also includes miscellaneous and general-purpose flow control devices composed of metal, such as faucets, flash valves and showerheads.

    Industry Products
    Other industrial valves
    Plumbing fixture valves, fittings and trim
    Hydraulic and pneumatic valves
    Gate, globe and check valves
    Ball valves
    Hose, parts and accessories
    Valves for water works
    Industry Activities
    Manufacturing industrial-type ball, butterfly, check, gate and globe valves
    Manufacturing fluid power aircraft subassemblies
    Manufacturing hose assemblies for fluid power systems
    Manufacturing hydraulic and pneumatic valves, hose and tube fittings
    Manufacturing aerosol valves
    Manufacturing firefighting nozzles
    Manufacturing lawn hose nozzles
    Manufacturing metal hose couplings
    Manufacturing metal pipe flanges and flange unions
    Manufacturing complete fire hydrants

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from oil and gas extraction
  • Industrial production index
  • Trade-weighted index
  • Value of construction
  • World price of steel
  • Value of utilities construction

  • Current Performance
  • Revitalized markets
  • Chart: Revenue Growth

  • Industry Outlook
  • Returning demand
  • Industry structure and international trade
  • Table: Valve Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Valve Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Electric Power Transmission
  • Water Supply & Irrigation Systems
  • Construction
  • Petroleum Refining
  • Petrochemical Manufacturing
  • Inorganic Chemical Manufacturing
  • Organic Chemical Manufacturing
  • Boiler & Heat Exchanger Manufacturing
  • Mining, Oil & Gas Machinery Manufacturing
  • Refined Petroleum Pipeline Transportation

  • Key Selling Industries
  • Ferrous Metal Foundry Products
  • Metal Stamping & Forging
  • Nonferrous Metal Foundry Products Manufacturing
  • Screw, Nut & Bolt Manufacturing

  • Products & Services
  • Other
  • Other industrial valves
  • Hose, parts and accessories
  • Hydraulic and pneumatic valves
  • Plumbing fixture valves, fittings and trim
  • Gate, globe and check valves
  • Ball valves
  • Valves for water works
  • Chart: Valve Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Demand for industrial valves
  • Demand for other types of valves

  • Major Markets
  • Exports
  • Construction
  • Oil and gas
  • Heavy manufacturing and mining
  • Utilities
  • Aerospace
  • General manufacturing
  • Chart: Major Market Segmentation for the Valve Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Valve Manufacturing

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Valve Manufacturing Industry

  • Industry Globalization
    Major Companies
    Parker HannifinEmerson Electric Co.
  • Table: Parker Hannifin - financial performance
  • Table: Emerson Electric Co. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Valve Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Valve Manufacturing Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Industrial production index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Hydraulic Valve
  • A fluid power valve that controls the flow of liquid.
  • Nonreturn Valve
  • A valve that only allows unidirectional flow and is designed to prevent back flow.
  • Pneumatic Valve
  • A fluid power valve that controls the flow of gas.
  • Regulating Valve
  • A valve that controls the amount of flow in a range between fully open and closed.
  • Shut-Off Valve
  • A valve designed to close a pipe or section of pipe works and is commonly used to shut off heating systems.
  • Why buy this report?

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    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Valve Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Valve Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Valve Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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