Air-Operated Pinch Valve Market Forecasts to 2030 – Global Analysis By Type (Regulation Type and Switch Type ), Application (Municipal Industry, Power Industry, Chemical Industry, Mining Industry and Other Applications) and By Geography
According to Stratistics MRC, the Global Air-Operated Pinch Valve Market is accounted for $80.4 billion in 2023 and is expected to reach $124.12 billion by 2030 growing at a CAGR of 6.4% during the forecast period. An industrial valve known as an air-operated pinch valve uses compressed air or gas to squeeze or pinch flexible tubing or sleeves in order to regulate the flow of fluids in a pipeline. The simplicity and versatility of air-operated pinch valves, which can handle a variety of fluids, including corrosive and abrasive materials, are their main advantages. They are renowned for being easy to maintain and reliable as well. These valves are especially helpful in situations where it's crucial to keep a tight seal and avoid cross-contamination.
Market Dynamics:Driver:Reliable fluid control
The reliability of air-operated pinch valves in managing the flow of diverse fluids, such as corrosive, abrasive, and viscous substances, is well established. Their versatility in handling difficult materials makes them a top option in mining, chemical processing, and wastewater treatment, among other industries. Regardless of how viscous or abrasive the material is air-operated pinch valves provide exact control over fluid flow rates to guarantee accurate material transfer and processing. In sectors like mining, where material transportation consistency is critical, this dependability is vital. These factors drive market demand.
Restraint:High cost
Pneumatic systems, installation, and the valve itself may all result in heavy upfront costs for air-operated pinch valves. Businesses may find it difficult to defend the move to air-operated pinch valves due to the high upfront costs, particularly if they are operating on a tight budget or have immediate financial goals. Even though air-operated pinch valves are renowned for their dependability and longevity, prospective customers might find the initial costs to be too high in comparison to other valve types. This may deter adoption in sectors of the economy where cost is a major deciding factor, which is hampering market expansion.
Opportunity:Wastewater treatment
Wastewater often contains corrosive and abrasive materials. Air-operated pinch valves are a great option for controlling the flow of wastewater inside treatment facilities because they are made to handle such difficult materials with ease. Processes for treating wastewater need to be sealed securely and dependably to avoid contamination and leaks. Air-operated pinch valves provide excellent sealing performance, reducing the probability of fluid leaks and preserving the treatment process's integrity.
Threat:Environmental concerns
Environmental concerns represent a significant threat to the air-operated pinch valve market, hindering its growth. Pinch valve materials, especially those used in the pinch sleeve, might not be compatible with environmentally friendly objectives. A large number of conventional pinch-sleeve materials are either not biodegradable or may undergo production processes that have a significant negative impact on the environment.
Covid-19 ImpactThe market for air-operated pinch valves was significantly impacted by the COVID-19 pandemic. Lockdowns, travel restrictions, and transportation disruptions had a significant impact on the global supply chain. The acquisition of components and raw materials needed to produce air-operated pinch valves was delayed as a result of the pandemic. These delays in the supply chain made it more difficult to produce and distribute these valves. However, due to a lack of workers and the requirement to enact social distancing measures, many manufacturing facilities had to temporarily close or reduce their capacity for production. This had a direct effect on the production of air-operated pinch valves, leading to a backlog of orders and production delays.
The switch type segment is expected to be the largest during the forecast period
The switch type segment is estimated to hold the largest share. A switch-type air-operated pinch valve is a specific variant of air-operated pinch valves used in industrial applications for controlling the flow of fluids. Switch-type pinch valves are simple to comprehend and use because of their uncomplicated construction and methods of operation. They are frequently chosen for uses where usability and simplicity are crucial. It gives operators immediate and direct control over the fluid flow, which is useful in some circumstances, particularly when a prompt response is required.
The power industry segment is expected to have the highest CAGR during the forecast period
The power industry segment is anticipated to have lucrative growth during the forecast period. Air-operated pinch valves are essential in the power industry for a variety of reasons, most notably the control and regulation of fluids in processes related to power generation and distribution. These valves regulate the flow of materials like coal, fly ash, and bottom ash that are abrasive and frequently corrosive. Because of their solid construction, they can withstand the challenging circumstances found in these systems, avoiding material spills and preserving effective operation.
Region with largest share:North America commanded the largest market share during the extrapolated period. This region boasts a strong industrial foundation in a number of industries, such as water and wastewater treatment, chemical processing, mining, oil and gas, food and beverage, and pharmaceuticals. Consequently, there is a significant need for air-operated pinch valves. The need for air-operated pinch valves is further fuelled by the focus on automation and process control in North American industries. Their capacity to offer precise and dependable management of liquid and slurry flow makes them indispensable elements in contemporary manufacturing and processing systems.
Region with highest CAGR:Europe is expected to witness profitable growth over the projection period, owing to its diverse and well-established industrial landscape. The food and beverage, mining, chemical processing, pharmaceutical, water and wastewater treatment, and food and beverage industries are the main drivers of the air-operated pinch valve market in Europe. These sectors place a high value on efficiency, safety, and process control, which makes air-operated pinch valves an essential part of their operations. These valves are in high demand due to Europe's strong emphasis on automation and technological advancement. The high-precision industrial and manufacturing processes used in the area are well suited to their adaptability and dependability.
Key players in the marketSome of the key players in the Air-Operated Pinch Valve Market include Weir Minerals, Red Valve, Flowrox Oy, Schubert & Salzer, Festo, Mollet, RF Valves, Takasago Electric, Ebro Armaturen, General Rubber, ROSS, Clark Solutions, Warex Valve, Wuhu Endure Hose Valve, Magnetbau Schramme and Shanghai LV Machine.
Key Developments:In August 2022, Weir Minerals partners with Eriez to offer world-class coarse particle flotation systems. Weir Minerals is a global organization that engineers, designs, supplies, and services market-leading products and bespoke integrated solutions for the mining industry.
In March 2022, Weir Minerals has announced a new partnership with XMPro, a leading digital twin platform. The partnership will enable intelligent equipment and services and support miners to achieve higher performance while also reducing the environmental footprint of their operations.
Types Covered:
• Regulation Type
• Switch Type
Applications Covered:
• Municipal Industry
• Power Industry
• Chemical Industry
• Mining Industry
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements