INDUSTRIAL VALVES MARKET – GROWTH, TRENDS, AND FORECAST (2019 – 2024)

Industrial Valves Market

The global industrial valves market is expected to record a CAGR of 5.3% during the forecast period. 

The major factor driving the market studied is the growing demand from the power and chemical industries. Stagnant industrial growth in developed countries is expected to hinder the growth of the market studied.

The oil and gas industry dominated the market, and it is expected to experience growth during the forecast period, owing to the increasing oil and gas activities across the world.

Increasing demand for automatic valves is likely to act as an opportunity in the future.

Asia-Pacific dominated the market across the world, with the largest consumption from countries, such as China and India.

Key Market Trends

Increasing Demand from Power Industry

In the power industry, valves are used for various applications, such as boiler startups, feed pump recirculation, steam conditioning, and turbine by pass.

For instance, valves in the condensate system are used to control and regulate the additional flow required for fluid recirculation condensate pump. Furthermore, valves are also used to control the deaerator level for feed water heater.

For the food water system in the power industry, valves are used for boiler feed pump recirculation and the valve plays a key role in this scenario, as it should be operated in on-off and modulating service.

Additionally, in main stream systems, the valves are used for super heaters, turbine bypass, super heater bypass, etc. A modulating valve is used for controlling pressure.

Additionally, the government’s focus on increasing the capacity additions of power plants across the country is the factor that is boosting the demand for cooling water treatment chemicals. Such aforementioned factors are boosting the demand for valves in the power industry.（from Mordor Intelligence）

Application of gate valve in the field of water supply industry

Gate valves, one of the water series valves, are products that are often used in the water supply industry. The gate valve can only be fully open or fully closed, and it is used to cut off the water flow in the water supply line. Generally, when the influence of the depth of the soil in the water supply pipe network is small, the gate valve is selected. Here we have to mention a valve product that has a similar function to the gate valve: the butterfly valve. Like the gate valve, the butterfly valve can function as a switch and regulate the flow, and the price of the butterfly valve will be lower than the gate valve under the same specifications. Butterfly valves are also used when we are in the water supply pipe to reduce the depth of the pipe cover and the pipe diameter is large. However, through the use of data feedback in the past decade, the failure of the butterfly valve is higher than that of the gate valve. Therefore, the gate valve is obviously a more cost-effective option in water supply pipeline applications.

In order to make the gate valve better applied in the water supply industry, in recent years, as the leader of the domestic valve manufacturing brand, the HBTM company has also actively developed and manufactured soft sealing gate valves. This kind of gate valve is more advantageous than the traditional gate valve. The advantages are as follows:

1. The valve body and valve cover of the soft seal gate valve are cast by precision casting method, which is formed in one time and is durable.

2. There is no pit at the bottom of the soft sealing gate valve, and no slag is accumulated, so the failure rate of opening and closing is low.

3. The valve plate of the soft sealing gate valve is uniform in size and interchangeable, which is convenient for maintenance. After the soft seal gate valve is released, it has also been recognized and loved by more and more customers. Regarding the caliber problem, the HBTM company has also continuously innovated its technology to support the customization of non-standard products. Valve fittings are made of imported materials. For the key components of the rubber valve plate, the process is also strictly controlled to ensure reliable quality. Each gate valve product will undergo two test tests at the factory to ensure that the valve is a boutique.

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Butterfly Valves For Common Applications

Refineries – Oil/Gas-Upstream, Midstream, and Downstream

Refineries use many types of valves in which the Butterfly valve is common. These would typically use the more “high end” High-Performance valve with Steel Bodies or Triple Offset, which is inherent “Fire Safe” and bubble tight. Many applications on water etc. can use the resiliently seated version.

Regardless of the application, the HPBFV and TOV butterfly valve have the same pressure and temperature specifications as a ball or gate valve, at a fraction of the cost, either manual or automated.

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What is the use of the ball valve

Since ball valves typically use rubber, nylon, and Teflon as the seat seal material, their service temperature is limited by the material of the seat seal. The cut-off function of the ball valve is achieved by the metal ball being pressed against the plastic valve seat under the action of the medium (floating ball valve). The valve seat seal is deformed by elastic deformation in a local area under a certain contact pressure. This deformation can compensate for the manufacturing precision and surface roughness of the sphere and ensure the sealing performance of the ball valve.

Since the valve seat seal of the ball valve is usually made of plastic, in the structure and performance of the ball valve, the fire resistance and fireproof of the ball valve should be considered, especially in the petroleum, chemical, metallurgical and other departments, in the flammable and explosive medium. Ball valves are used in equipment and piping systems, and fire and fire protection should be noted.

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Sand Casting Explained

　A Basic Overview　

　　Patternmaking

　　The first step in sand casting is patternmaking. The pattern is a replica of the exterior of the casting with dimensional allocation for shrinkage and finishing. If the casting is to be hollow, additional patterns called cores are used to create these cavities in the finished product. Patterns are usually made of wood, plastic, metal, or plaster; however, other materials or combinations of materials are used if there are additional specific properties required of the pattern. The number of castings to be made from the mold and the specifications required of the finished casting are two of the criteria that determine which material is selected for the creation of the pattern.

　　Coremaking

　　The next step in the process is coremaking. Cores are forms which are placed into the mold to create the interior contours of the casting. They are typically made of a sand mixture- sand combined with water and organic adhesives called binders- which is baked to form the core. This allows the cores to be strong yet collapsible, so they can be easily removed from the finished casting. Since cores are made in molds, they require a pattern and mold, called a core box. The core pattern is made in the same fashion as the casting pattern, but the core box is created from a durable material like metal or wood. Since the cores are made of sand, the mold cannot also be made of sand.

　　Molding

　　Molding is the multi-step process in which molds are created. In horizontal casting, the mold is contained in a two piece frame, called a flask. The upper portion of the flask is called a cope and the lower portion is a drag. First, molding sand is packed into a flask around the pattern. After the pattern is removed, gating and runner arrangements are positioned in the drag half of the mold cavity and the sprue is placed the cope portion. Gating systems are necessary for the molten metal to flow into the mold cavity. Cores are also placed in the drag portion of the mold if they are needed. To finish the mold, the cope (top) section is placed on the drag (bottom) section, and the mold is closed and clamped together.

　　In HBTM' foundries, molds are created in large automated molding machines (Disamatics), a process which warrants its own detailed explanation.

　　Melting & Pouring

　　Melting is the preparation of the metal for casting, and its conversion from a solid to a liquid state in a furnace. It is then transferred in a ladle to the molding area of the foundry where it is poured into the molds. After the metal has solidified, the molds are vibrated to remove the sand from the casting, a process called shakeout.

　　Cleaning

　　Cleaning generally refers to the removal of all materials that are not part of the finished casting. Rough cleaning is the removal of the gating systems from the casting. Initial finishing removes any residual mold or core sand that remains on the piece after it is free of the mold. Trimming removes any superfluous metal. In the last stages of finishing, the surface of the casting is cleaned for improved appearance. In addition, at this point, the casting is inspected for defects and adherence to quality standards. This inspection may include nondestructive testing to determine whether the part will adequately perform for its intended use.

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Common Applications of Butterfly Valves

Whether it’s for commercial or personal use, choosing the right valve to regulate fluid flow is important. Butterfly valves are one of the best types of valves to use for this purpose, due to their simple but effective design, relatively low cost, and low-maintenance qualities.

Ships/ Ship Building

Butterfly valves are commonly used in ships because of their high durability in saltwater when ABS approved materials are selected. This type of valve effectively creates a water-tight shutoff in the piping system of a ship, preventing any flow in the pipe. Their small size also allows them to be used in tight spaces common on board. They can be used for “jack up” rigs, ballast systems, ship side, and many other applications. Fire Safe approved valves are also necessary for many applications. Automation is easy and may be pneumatic, “ closed loop” pneumatic under water, electric and hydraulic. Be sure to use valves with ISO-5211 mounting pad AND stem, so in any port, you can find a replacement valve that would be a drop in replacement. Be wary of valves that just have a ISO-5211 mounting pad as the stems are often manufacturers “special”.

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