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Water Treatment Industry Valves Market is expected to reach US$ 16,282.87 million by 2030

Water treatment industry valves market is projected to surpass USD 16,282.87 million by 2030. Insights on opportunities, trends and challenges.

By The Insight Partners

Rise in Investments in Water Treatment Plants Drives Water Treatment Industry Valves Market

According to our latest market study on " Water Treatment Industry Valves Market Size and Forecast (2020–2030), Global and Regional Share, Trends, and Growth Opportunity Analysis — by Valve Type and Material Type," the market was valued at US$ 10,853.95 million in 2022 and is expected to reach US$ 16,282.87 million by 2030; it is anticipated to record a CAGR of 5.2% from 2022 to 2030. 

In urban and rural areas, there is an increased demand for wastewater and water treatment plants; hence, governments of several countries across the globe have started investing extensively in water treatment plants. In August 2022, the United States Department of Agriculture (USDA) announced a US$ 75 million investment in infrastructure improvements that involves providing clean drinking water and sanitary wastewater systems to Greenbrier County residents in the rural area. In December 2022, the US government announced a US$ 84.7 million investment from President Biden's Bipartisan Infrastructure Act to help 36 communities in drought. These projects have brought clean, dependable drinking water to communities across the West of the US by investing in rainwater harvesting, groundwater storage, water reuse, aquifer recharge, ion exchange treatment, and other methods for extending the utilization of existing water supplies.

Water Treatment Industry Valves Market— by Region, 2022

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Source: The Insight Partners Analysis

In March 2022, the US Department of the Interior stated that the Bureau of Reclamation invested US$ 420 million in rural water-building efforts in fiscal year 2022. This investment in rural water systems involves funding work associated with pipeline connections, the building of water treatment facilities and intakes, pump systems, reservoir construction, and other activities to deliver potable water to rural and tribal populations. Owing to such investments in the development of water treatment and management plants, the demand for industry valves in the US has surged. Apart from government funding, several energy and water treatment companies across the globe are investing in the construction of water treatment facilities. In October 2023, Hydro invested in a new water treatment plant at the Schwandorf heritage site in Germany. Also, in September 2022, BIPSO commissioned its cutting-edge wastewater treatment plant at its Singen site. The company invested US$ 1.5 million in the development of this factory. BIPSO's wastewater treatment plant is an investment in cutting-edge technology for treating industrial wastewater. The plant is used to collect cleaning water during the sterile manufacturing of contrast media in the pharmaceutical business. Thus, the rise in investments in water treatment plants will directly lead to new water treatment projects, ultimately driving the demand for water treatment industry valves.

The “global water treatment industry valves market analysis” has been carried out by considering the following segments: valve type, material type, and geography. In terms of valve type, the market is categorized into gate valves, butterfly valves, diaphragm valves, safety valves, check valves, ball valves, and others. Based on material type, the global water treatment industry valves market is segmented into stainless steel, steel alloys, cast iron, and others. Based on material type, the water treatment industry valves market is segmented into stainless steel, steel alloys, cast iron, and others. By geography, the market is categorized into Europe, North America, and Asia Pacific.  

The stainless-steel material dominated the water treatment industry valves market share in 2022 as it offers corrosion resistance, high strength, and other beneficial characteristics. Steel alloy valves are characterized by excellent corrosion resistance and reliability, offering users the lowest cost of ownership and the increased total life cycle performance in the water treatment industry. Alloy-based valves are more efficient as the characteristics of both metals are utilized to produce alloy-based valves. The alloy-based valves' high temperature, pressure, and corrosion resistance characteristics propel their demand across industrial applications. Companies offering alloy-based valves include Flowjet Valves Pvt. Ltd. and Korea Alloy Valve Ind. Co., Ltd. Steel industrial valves are preferred to other types of industrial valves owing to their high-pressure resistance, low corrosion, and use in diverse industries such as oil & gas, chemical, water treatment, and food & beverages. Steel SS 316/SS316 L industrial valves can operate at extreme temperatures and pressure. Elements such as nickel, molybdenum, and chromium in steel valves react with oxygen and create a thin protective layer on the metal, making it corrosion-resistant, thereby increasing the valve's life. These properties increase the demand for steel valves in the water treatment industry. Companies engaged in producing steel industrial valves include Heco Gmbh, Hebei Bona Enterprise, END-Armaturen GmbH & Co. KG, and Valmet.

The Asia Pacific water treatment industry valves market is segmented into China, India, South Korea, Australia, and the Rest of Asia Pacific. Asia Pacific dominated the water treatment industry valve market share owing to the presence of a huge population with increasing demand for clean water along with increasing government initiatives for water-related infrastructure. The population of Asia Pacific surpassed over 2.1 billion owing to rapid urbanization and a surge in investment in water infrastructure, which fuel the water treatment industry valves market growth. According to the International Trade Administration (ITA), in January 2021, there are ~10,000 water treatment plants in China for wastewater in municipalities and rural areas. Thus, the rapid rise in the number of wastewater treatment plants drives the market.

The aging infrastructure in Japan—encompassing highways, bridges, tunnels, dams, ports, and railways primarily developed during the economic boom of the 1960s and 1970s—has become a pressing concern. The country has reported several accidents in the last decade, such as collapses of tunnels, dams, and water ducts, resulting in unfortunate fatalities. A dam collapse in 2018 and a highway tunnel collapse in 2012 highlighted the critical need for infrastructure upgrades. As of 2023, a substantial portion of Japan's infrastructure—730,000 bridges; 11,000 tunnels; 10,000 water gates; 470,000 meters of sewage pipe; and 5,000 harbor quays—aged 50 years or older. The need to upgrade and modernize water-related structures such as dams, water gates, and sewage pipes necessitates the deployment of advanced valve systems. Thus, the Government of Japan has intensified its focus on addressing this aging infrastructure, prompting heightened public scrutiny. The heightened government attention is imperative to enhancing infrastructure resilience, which is expected to boost the water treatment industry valves market growth in Japan.

Valves play a pivotal role in regulating and optimizing water flow, ensuring the efficiency and safety of the upgraded infrastructure. In response to the increased government emphasis on infrastructure renewal, the demand for high-quality valves within the water treatment industry is anticipated to rise significantly in the coming years. The water treatment industry valves market forecast can help stakeholders plan their growth strategies. Velan Inc, Alfa Laval Solution, Flowserve Corporation, Emerson Electric Co, Dutch Valve Vision, Valco Group, American AVK Co, Kitz Corporation, Spirax Sarco Engineering Plc, and DeZURIK Inc are among the prominent players profiled in the water treatment industry valves market report. Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the market. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand.

The water treatment industry valves market report includes growth prospects owing to the current water treatment industry valves market trends and their foreseeable impact during the forecast period. The market players present in the market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings.

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