Plug valve is a quarter-turn on-off valve. The plug itself is often shaped like an upside-down ice cream cone or a cylinder. A handle on top allows the user to turn the plug valve so it rotates and stops or starts the flow of liquid. A minimum of two holes, known as ports, must exist in the plug for liquid to flow. The ports are located on opposite sides of the plug, and when the plug is turned to the open position it creates a passage for the liquid to flow through.
For industry structure analysis, the plug valves industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 30% of the revenue market. Regionally, North America is the biggest production area of plug valves, also the leader in the whole valves industry.
North America occupied 28.37% of the production market in 2015. It is followed by EU and China, which respectively have around 24.84% and 21.16% of the global total industry. Other countries have a small amount of production. Geographically, North America was the largest consumption market in the world, which took about 24.26% of the global consumption volume in 2015. EU shared 21.1% of global total.
For forecast, the global plug valves revenue would keep increasing with annual growth rate with 3.5-6.0%, and a little higher speed in China. We tend to believe that this industry still has a bright future, considering the current demand of valves. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
The Plug Valves Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Plug Valves industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Plug Valves by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Plug Valves market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Plug Valves market for 2015-2027.

Key Companies
Flowserve
Crane
Brdr. Christensens
Emerson
Weir
SchuF Group
AZ-Armaturen
Galli & Cassina
3Z Corporation
Henry Pratt
ASKA
VETEC Ventiltechnik
FluoroSeal
Regus
Parker
Walworth
DeZURIK
Clow Valve
BREDA ENERGIA
GA Industries
Fujikin
Pister
SS Valve
Val-Matic
UNIMAC
Yuanda Valve
Hugong Valve
Yuandong Valve
KOKO Valve
Gongzhou Valve
Datian Valve
ENINE-PV
REMY Valve
Zhengquan Valve
Miko Valve

Plug Valves Market by Type
Non-Lubricated
Lubricated Plug Valve
Eccentric Plug Valve
Expanding Plug Valve
Plug Valves Market by Application
Petroleum and Natural Gas Industry
Chemical Industry
Water Treatment Industry
Power Industry

Plug Valves Market by Region
United States
Europe
China
Japan
Other Regions

Plug Valves Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa


At the same time, we classify Plug Valves according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Plug Valves market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Plug Valves market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Plug Valves market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Plug Valves market for the forecast period 2021 - 2027?
• What are the driving forces in the Plug Valves market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Plug Valves industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

For any other requirements, please feel free to contact us and we will provide you customized report.

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