Middle East & Africa Industrial Valves Market Outlook, 2028

Middle East & Africa Industrial Valves Market Outlook, 2028

The Middle East and Africa region has had impressive economic growth over the past few decades, propelled by the booming oil and gas industry, developing manufacturing sectors, and an increasing emphasis on infrastructure development. Industrial valves, a sometimes disregarded yet essential component, are essential to the survival of these industries. In a variety of industrial processes, these mechanical devices are essential for controlling the flow of fluids and gases. The Middle East & Africa region is well known for having a wealth of oil and gas reserves. Industrial valves are extensively used in the energy sector for activities like exploration, drilling, production, refining, and distribution. The demand for industrial valves has been significantly influenced by the necessity for accurate flow control, dependability, and safety. A significant priority in the Middle East & Africa region is infrastructure development. The building of power plants, water treatment facilities, oil and gas pipelines, and manufacturing hubs all require the use of numerous industrial valve types. As a result, the need for valve solutions is stimulated. Due to its reliance on oil prices, the Middle East & Africa region is subject to economic swings. Low oil prices can have an influence on infrastructure and industrial project investment, which indirectly affects the industrial valve market. The Middle East & Africa region is a significant player in the global energy market thanks to its rich oil and gas deposits. The market for industrial valves is heavily impacted by the region's reliance on the energy sector. Industrial valves are crucial for the exploration, drilling, production, refining, and distribution processes of oil and gas firms. These businesses in the Middle East & Africa region are so large and significant that they distinguish them from many other marketplaces. In the Middle East, water scarcity is a serious problem, and desalination and water treatment projects are essential to solving this problem. To control the flow and quality of the water for these projects, a sizable number of industrial valves are needed. The Middle East & Africa market is unique due to the significance of industrial valves in addressing problems with water.

According to the research report, “Middle East & Africa Industrial Valves Market Outlook, 2028” published by Bonafide Research, the market is anticipated to reach market size of more than USD 5.5 Billion by 2028. Local manufacture and custom industrial valve design are becoming increasingly important in the Middle East & Africa region in order to fulfill the region's unique needs. As local manufacturers increasingly offer customized valve solutions, they become more competitive and produce a distinctive market dynamic. In the Middle East & Africa region, there is an increasing focus on renewable energy sources, including solar and wind energy. For fluid management in solar thermal power plants, wind farms, and other renewable energy facilities, these businesses need specific valves. Some nations in the Middle East & Africa region are actively pursuing economic diversification away from oil and gas. Investments in industries like petrochemicals, manufacturing, and renewable energy are part of this diversification. In these developing industries, industrial valves are essential, which fuels long-term demand. In the region, there is a growing focus on workforce development and education, creating a pool of trained employees. For the upkeep and operation of industrial valves in diverse industries, professional personnel are essential. High-performance valve development is still being fueled by improvements in materials research, valve design, and production techniques. These technical developments support the market for industrial valves in the MEA region's long-term expansion. The growth of urban centers in the MEA region demands significant infrastructure upgrades. This includes water distribution networks, transportation systems, and residential and commercial buildings, all of which require industrial valves.

Based on report market is divided into three major countries, United Arab Emirates, Saudi Arabia and South Africa. Among them South Africa is expected to grow at the fastest rate in Middle East & Africa.
The country's significant manufacturing and industrial sector includes the market for industrial valves. Oil and gas, water and wastewater treatment, electricity production, chemicals, and other industries all rely heavily on industrial valves. The mining sector in South Africa is well-known, and the extraction, processing, and transportation of minerals all depend heavily on valves. Mining valves need to be corrosion and abrasion resistant. The ongoing construction of utilities, roads, and bridges in South Africa is boosting the demand for industrial valves for construction and maintenance. Infrastructure for water distribution and purification must be invested in because of the water shortage in South Africa. The need for valves in the water industry has increased as a result. One important aspect is the growing focus on export opportunities in the South African industrial valve industry. Custom valve production is expanding in South Africa. Some companies specialize in developing and producing valves that are appropriate for the demands of specific industries. These specialty valves, which are widely used in industries like mining where standard off-the-shelf valves are inadequate, are created to function effectively in tough settings. Custom valve production satisfies the particular requirements of industries and ensures that valves are designed to withstand the particular difficulties of the South African working environment, whether they are abrasive materials encountered in mining or corrosive chemicals encountered in the petrochemical industry.

Based on type market is bifurcated into globe valve, ball valve, butterfly valve, gate valve, check valve, pressure relief valve, plug valve, needle valve, pinch valve, diaphragm valve and others. Ball valve is growing at significant pace in Middle East & Africa Industrial valves market.

Ball valves are renowned for their dependability and toughness, which are essential in industries that operate in difficult and demanding environments. Ball valves are a popular option in the Middle East & Africa region because of their durable design, which makes them resistant to harsh conditions, including high temperatures and corrosive substances. Ball valves are adaptable and can be utilized in a variety of processes, such as the production of oil and gas, petrochemicals, water treatment, and manufacturing. Their success in the diversified Middle East & Africa market is a result of their flexibility in various sectors and applications. The Middle East & Africa region has many industrial processes that use corrosive materials, so ball valves' ability to withstand corrosion, especially when manufactured from materials like stainless steel, is highly prized. The Middle East & Africa region is investing in water and wastewater treatment facilities to address the increasing demand for clean water. Ball valves play a critical role in controlling the flow and treatment processes in these facilities. Infrastructure development, particularly in the areas of transportation, pipelines, and power generation, requires a substantial number of industrial valves. Ball valves are integral in these projects, and the region's focus on infrastructure contributes to their growth.

Based on material market is segmented into steel, cast iron, alloy based and others. Furthermore, based on application of the market includes water & wastewater, oil & gas, energy & power/ utilities, chemical, food & beverages, pharmaceuticals, agriculture and others (automotive, marine, metals & mining, construction, pulp & paper).

Extreme environmental conditions, including high temperatures, arid desert settings, and exposure to seawater close to coastal locations, are typical of the Middle East & Africa region. Industrial valves used in these situations must be made of materials that can withstand harsh conditions. Materials made of alloys are excellent choices for these problems. High temperatures are used in a lot of industrial operations in the Middle East & Africa region. Materials made of alloys, particularly heat-resistant alloys, can sustain high temperatures without losing structural integrity. In sectors like electricity generation and chemical processing, this characteristic is essential. Oil and gas industry is major application for industrial valves in Middle East & Africa. The massive oil and natural gas deposits in the Middle East & Africa region are well known around the world. It is one of the main suppliers of these priceless energy resources in the entire world. Because of this richness, the oil and gas sector plays a crucial role in the economy of the area by greatly boosting energy output and exports. From exploration and drilling to production, processing, and distribution, the oil and gas business in the Middle East & Africa region involves integrated activities. These activities require accurate fluid and gas flow management, safety precautions, and regulatory compliance at every level. Industrial valves are essential to these processes because they guarantee effective and consistent performance. In the Middle East & Africa region, energy security is a top concern. The need for a steady supply of oil and gas is paramount for the region's economic stability and global influence. This necessitates a robust infrastructure, strategic storage facilities, and transportation networks, all of which rely on industrial valves to ensure reliability.

Companies Covered in this report:

Emerson Electric Corporation, Schlumberger NV, Velan holding co. ltd., Kitz Corporation, Neway valve, The AVK Group, Spirax Sarco Limited, Johnson Controls International PLC, Mueller Water Products, Inc., Crane ChemPharma & Energy, The Weir Group PLC, Wartsila Oyj.

Considered in this report:

• Geography: Middle East & Africa
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:

• Middle East & Africa Industrial Valves market Outlook with its value and forecast along with its segments
• Country-wise Industrial Valves market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Country covered in the report:

• United Arab Emirates
• Saudi Arabia
• South Africa

By Type:

• Globe Valve
• Ball Valve
• Butterfly Valve
• Gate Valve
• Check Valve
• Pressure Relief Valve
• Plug Valve
• Needle Valve
• Pinch Valve
• Diaphragm Valve
• Others

By Materials:

• Steel
• Cast Iron
• Alloy based
• Others

By Application:

• Water & Wastewater
• Oil & Gas
• Energy & Power/ Utilities
• Chemical
• Food & Beverages
• Pharmaceuticals
• Agriculture
• Others (automotive, marine, metals & mining ,construction, pulp & paper)

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience:

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Industrial Valves industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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