Middle East and Africa Gate Valve Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Valve Type (Flexible wedge, Solid wedge, and Split wedge or Parallel disks Valve), Valve Size (2" to 12", 14" to 36", and 42" and Above), and Applicatio

Middle East and Africa Gate Valve Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Valve Type (Flexible wedge, Solid wedge, and Split wedge or Parallel disks Valve), Valve Size (2" to 12", 14" to 36", and 42" and Above), and Application (Oil and Gas, Water and Wastewater Treatment, Chemical, and Others)

The MEA gate valve market is expected to grow from US$ 1,190.33 million in 2021 to US$ 1,727.46 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028.
Appropriate developments in utilities and infrastructure are essential for the long-term economic growth of any country. The gate valves market across the Middle East & Africa grabs promising opportunities from the continuously growing power sector in the region. Various countries are raising their investments in electricity generation. Valves play important roles in opening and closing inlets and outlets, and managing cooling circuits, among others, in power plants. Hence, as the number of power stations and capacity expands in the region, the demand for gate valves is expected to flourish in the coming years. The need for wastewater treatment facilities has risen across the Middle East & Africa due to the elevating concerns about untreated sewage. The best water treatment technologies and valves are used to build state-of-the-art treatment facilities. In water treatment plants, gate valves prevent water from flowing when the pumps are turned off. On the other hand, main air gate valves are mounted on the pumps installed at high points to prevent the formation of vacuum pockets. Hence, the growing number of water treatment facilities is likely to create significant opportunities for the gate valve vendors present in the Middle East & Africa.
Vendors in the MEA can attract new customers and expand their footprints in emerging markets by providing products enabled by new features and technologies. This is likely to drive the market to grow at a notable CAGR during the forecast period.
Exhibit: MEA Gate Valve Market Revenue and Forecast to 2028 (US$ Million)
MEA Gate Valve Market Segmentation
The MEA gate valve market is segmented based on valve type, valve size, application, and country. Based on valve type, the MEA gate valve market is segmented into flexible wedge, solid wedge, and split wedge or parallel disks valve. The solid wedge segment dominated the market in 2021. Based on valve size, the MEA gate valves market is segmented into 2 to 12, 14 to 36, and 42 and above. The 14 to 36 segment dominated the market in 2021. Based on application, the MEA gate valves market is segmented into oil and gas, water and wastewater treatment, chemical, and others. The oil and gas segment dominated the market in 2021. Based on country, the MEA gate valve market has been categorized into the UAE, Saudi Arabia, South Africa, and Rest of the MEA. The Rest of MEA dominated the market in 2021.
Bray International; DEZURIK, INC; Emerson Electric Co.; ITT Inc.; Mueller Co. LLC; Orbinox; Sistag AG; STAFSJö VALVES AB; and The Weir Group PLC are among the leading companies operating in the Middle East & Africa gate valves market.

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