Global Diverter Valves Market Overview:
The diverter valve is used to divert the flow of crude oil, petroleum products or natural gas from one source to multiple destinations. The valves also have many industrial applications particularly the ones which make use of liquid or gas as a medium to be used or transported in multiple directions into various process units. The primary purpose of diverter is splitting or combining process media into one or more streams. They are widely used in the chemical, polymer, and refining industries. Some of the key players profiled in the study are Walovi S.p.A (Italy), SchuF Group (Germany), The Young Industries, Inc. (United States), WAMGROUP S.p.A (Italy), KICE, Industries. (United States), FLSmidth (Denmark), Coperion GmbH (Germany), GEA (Germany), DMN-Westinghouse (Netherlands) and Salina Vortex Corporation (United States).
On the basis of geography, the market of Diverter Valves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Structure Type, the sub-segment i.e. Type T will boost the Diverter Valves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. Construction Industry will boost the Diverter Valves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Investment in Fluid Handling Technology in the Oil & Gas and Pharmaceutical Industries
- Surging Demand for Upgrading Waste Management Facilities
Market Trend
- Technological Improvments in Diverter Valve
Opportunities
- Growing Demand for Diverter Valve from End-Use Industry
Challenges
- Regulations Regarding Environmental Pollution are Being Enforced in the Designing
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Target Audience:
Manufacturers of Diverter Valves, Suppliers of Diverter Valves, Wholesalers, Distributors and Retailers of Diverter Valves, Construction Industry, Chemical Industry and Governmental Bodies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Diverter Valves market on the basis of product [Multi-Way and Two-Way] , application [Splitting, Combining and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Diverter Valves market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Diverter Valves industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Pelletron Corporation (United States), Schenck Process Holding GmbH (Germany) and Bezares (Spain).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Diverter Valves market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.