Summary

The global hydrogen valve market was valued at USD 331 million in 2024 and is projected to reach USD 507 million by 2030; it is expected to register a CAGR of 7.4% during the forecast period. This growing demand of hydrogen as a clean fuel, abated by the global sustainability initiatives and government policies to qualitatively enhance hydrogen production, is significantly boosting the hydrogen valve market. Most of the increase is thus supplemented because of the increasing need for efficient and safe infrastructure to support hydrogen distribution and utilization in various applications ranging from transportation to industrial processes. With growing investments in hydrogen technologies, demand is likely to surge for specialized valves working over high pressure and corrosive situations. Hydrogen ball valve is expected to have the highest market growth during the forecast period. The hydrogen ball valve market is poised to grow steadily with the rise in the hydrogen economy in the energy, automotive, and industrial sectors. The growth drivers are mainly technological advancements, government policies, and heavy investments in hydrogen infrastructures. Leading regions such as North America, Europe, and the fast-paced Asia-Pacific are promoting innovations that assure safe and efficient distribution of hydrogen, thus accelerating the growth of the market and furthering the cause of sustainable energy solutions. Hydrogen valves of size below 1 inch is expected to have the highest market growth during the forecast period. The hydrogen valves market, sized <1 inch, is projected to register higher CAGR during the forecast period. The compact nature of such valves makes them very handy in applications where space is a limitation, particularly in the automotive and portable hydrogen systems. With the growing demand for hydrogen energy, the This, in regard to infrastructure, also increases the need for efficient flow control in refueling stations. These technological innovations have brought about the production of high-performance valves, especially in small sizes. It designed safety and reliability in the light of specific properties of hydrogen. Hydrogen valves of Pressure 350-700 bar is expected to have the highest market growth during the forecast period. With its increasing adoption as a clean energy source, the outlook for the >350-700 bar pressure hydrogen valve remains strong. The main applications include fuel cell vehicles, hydrogen refueling stations, and related equipment, which are triggered by government subsidization and investment in hydrogen infrastructure. Moreover, technological development and a rising need for effective hydrogen storage and conveyance solutions also drive demand, especially in regions like Europe, Asia, and North America.. “The Hydrogen fuel cell segment is likely to grow at the highest CAGR during the forecast period.” The growth of hydrogen valves is directly linked to the increasing usage and adoption of hydrogen fuel cells. Much of this emanates from the fact that various industries have grown conscientious about the global needs of clean energy solutions, with advantage going towards hydrogen fuel cells.There have recently been significant technological developments in fuel cell technology that have increased the operating pressures while producing much more aggressive working environments due to corrosion. “Oil & gas end user industry segment of hydrogen valve market is expected have the largest market share during the forecast period.” The hydrogen valves market used in oil & gas industry segment is expected to have the largest market of USD 109.2 million by 2030. Hydrogen plays a critical role in an oil and gas refinery for its hydrocracking and hydrotreating processes. These are the methods through which crude oil is refined into useful products such as gasoline and diesel.. These trends in valves may be indirectly influenced by their potential demand for renewable energies, storing and transportation, and other uses in industry. Similarly, with hydrogen penetrating as a clean energy carrier and industrial feedstock, the pressure of innovation on valve technologies may develop to meet new efficiency, safety, and operational demands across industries, not least in oil and gas refineries. “Hydrogen valve in Asia pacific market is expected have the largest market share during the forecast period.” The hydrogen valve market is recording fast growth in the Asia Pacific region driven by increasing demand for hydrogen in industries and transportation. Huge investments that countries such as China, Japan, and South Korea are making in hydrogen-related infrastructures and technologies are major drivers. Government policies, in the light of Japan's Basic Hydrogen Strategy and South Korea's Hydrogen Economy Roadmap, further amplify market growth by touting hydrogen as a clean source of energy, resulting in increased deployment of hydrogen valves for various applications. Breakdown of primaries The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows: • By Company Type - Tier 1 – 35%, Tier 2 – 45%, Tier 3 – 20% • By Designation— C-level Executives - 40%, Directors - 30%, Others - 30% • By Region—North America - 40%, Europe - 20%, Asia Pacific - 30%, RoW - 10% The hydrogen valve market is dominated by a few globally established players such as like Emerson Electric Co. (US), IMI (UK), SLB (US), Valmet (Finland), Crane Company (US), Westport Fuel Systems Inc. (Canada), KITZ Corporation (US), PARKER HANNIFIN CORP (US), Baker Hughes Company (US), Swagelok Company (US). The study includes an in-depth competitive analysis of these key players in the hydrogen valve market, with their company profiles, recent developments, and key market strategies. Research Coverage: The report segments the hydrogen valve market and forecasts by valve type, material. size, pressure range, implementation, application, end-user industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the hydrogen valve market. Key Benefits to Buy the Report: • Analysis of key drivers (Increased Adoption of Hydrogen as a Clean Energy Source, Increase in demand for hydrogen Valve in ammonia production and Government regulations and policies in promoting hydrogen production and use). Restraint (Hydrogen Embrittlement on certain metals and lack of standardization), Opportunity (Growing adoption of hydrogen fuel cell systems, and Strategic partnership between hydrogen manufacturers and valve manufacturers), Challenges (Possibility of leaks in packings and joints and high initial cost). • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the hydrogen valve market. • Market Development: Comprehensive information about lucrative markets – the report analyses the hydrogen valve market across varied regions • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the hydrogen valve market. • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Emerson Electric Co. (US), IMI (UK), SLB (US), Valmet (Finland), Crane Company (US), Westport Fuel Systems Inc. (Canada), KITZ Corporation (US), PARKER HANNIFIN CORP (US), Baker Hughes Company (US), Swagelok Company (US), among others in the hydrogen valve market.

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Table of Contents

1 INTRODUCTION 23 1.1 STUDY OBJECTIVES 23 1.2 MARKET DEFINITION AND SCOPE 23 1.2.1 INCLUSIONS AND EXCLUSIONS 24 1.3 STUDY SCOPE 25 1.3.1 MARKETS COVERED 25 1.3.2 YEARS CONSIDERED 26 1.4 CURRENCY CONSIDERED 26 1.5 LIMITATIONS 26 1.6 MARKET STAKEHOLDERS 26 1.7 SUMMARY OF CHANGES 27 2 RESEARCH METHODOLOGY 28 2.1 INTRODUCTION 28 2.1.1 SECONDARY DATA 29 2.1.1.1 List of major secondary sources 29 2.1.1.2 Key data from secondary sources 29 2.1.2 PRIMARY DATA 30 2.1.2.1 Breakdown of primaries 30 2.1.2.2 Key data from primary sources 31 2.1.3 SECONDARY AND PRIMARY RESEARCH 32 2.1.3.1 Key industry insights 33 2.2 MARKET SIZE ESTIMATION 33 2.2.1 BOTTOM-UP APPROACH 35 2.2.1.1 Approach for arriving at market size using bottom-up approach 35 2.2.2 TOP-DOWN APPROACH 36 2.2.2.1 Approach for arriving at market size using top-down approach 36 2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 37 2.4 RESEARCH ASSUMPTIONS 38 2.5 RISK ASSESSMENT 38 3 EXECUTIVE SUMMARY 39 4 PREMIUM INSIGHTS 44 4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR HYDROGEN VALVE MARKET 44 4.2 HYDROGEN VALVE MARKET, BY VALVE TYPE 44 4.3 HYDROGEN VALVE MARKET, BY MATERIAL 45 4.4 HYDROGEN VALVE MARKET, BY IMPLEMENTATION 45 4.5 HYDROGEN VALVE MARKET, BY APPLICATION 46 4.6 HYDROGEN VALVE MARKET, BY END-USE INDUSTRY 46 4.7 ASIA PACIFIC HYDROGEN VALVE MARKET, BY APPLICATION AND COUNTRY 47 4.8 HYDROGEN VALVE MARKET, BY COUNTRY 48 5 MARKET OVERVIEW 49 5.1 INTRODUCTION 49 5.2 MARKET DYNAMICS 49 5.2.1 DRIVERS 50 5.2.1.1 Increased adoption of hydrogen as clean energy source 50 5.2.1.2 Increase in demand for hydrogen valves in ammonia production 50 5.2.1.3 Government regulations and policies to promote hydrogen production and use 50 5.2.2 RESTRAINTS 51 5.2.2.1 Hydrogen embrittlement on certain metals 51 5.2.2.2 Lack of standardization 51 5.2.3 OPPORTUNITIES 52 5.2.3.1 Growing adoption of hydrogen in IC engine vehicles 52 5.2.3.2 Strategic partnerships between hydrogen manufacturers and valve manufacturers 52 5.2.4 CHALLENGES 53 5.2.4.1 Possibility of leaks in packings and joints 53 5.2.4.2 Higher initial costs 53 5.3 VALUE CHAIN ANALYSIS 54 5.4 MARKET ECOSYSTEM 56 5.5 INVESTMENT AND FUNDING SCENARIO 58 5.6 PRICING ANALYSIS 58 5.6.1 AVERAGE SELLING PRICE OF HYDROGEN VALVE TYPES OFFERED BY MAJOR PLAYERS 59 5.6.2 PRICES OF HYDROGEN VALVES ACCORDING TO PRESSURE & SIZE 60 5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 60 5.8 PORTER’S FIVE FORCES ANALYSIS 61 5.8.1 THREAT OF NEW ENTRANTS 62 5.8.2 THREAT OF SUBSTITUTES 62 5.8.3 BARGAINING POWER OF SUPPLIERS 62 5.8.4 BARGAINING POWER OF BUYERS 62 5.8.5 INTENSITY OF COMPETITIVE RIVALRY 62 5.9 CASE STUDY ANALYSIS 63 5.9.1 A. HOCK PROVIDES HYDROGEN VALVES FOR BATTOLYSER SYSTEMS 63 5.9.2 PARKER HANNIFIN OFFERS SPECIFICALLY DESIGNED VALVES FOR HIGH-PRESSURE HYDROGEN APPLICATIONS TO AIR LIQUIDE 64 5.9.3 PARKER HANNIFIN’S VALVES CONTROL HYDROGEN CONSUMPTION IN DOW CHEMICALS MANUFACTURING PROCESSES 64   5.10 TECHNOLOGY TRENDS 65 5.10.1 KEY TECHNOLOGY 65 5.10.1.1 Artificial Intelligence 65 5.10.2 COMPLEMENTARY TECHNOLOGY 65 5.10.2.1 SCADA System 65 5.10.3 ADJACENT TECHNOLOGY 65 5.10.3.1 Internet of Things (IoT) 65 5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 66 5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS 66 5.11.2 BUYING CRITERIA 67 5.12 TRADE ANALYSIS 68 5.12.1 TRADE ANALYSIS FOR HS CODE 848110 68 5.13 PATENT ANALYSIS 69 5.13.1 MAJOR PATENTS 71 5.14 KEY CONFERENCES AND EVENTS, 2024–2025 73 5.15 TARIFF, REGULATIONS, AND STANDARDS 74 5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75 5.16 STANDARDS 77 5.17 IMPACT OF AI ON HYDROGEN VALVE MARKET 78 5.17.1 INTRODUCTION 78 5.17.2 AI-SPECIFIC USE CASES 78 5.17.3 FUTURE OF AI IN VALVE ECOSYSTEM 80 6 HYDROGEN VALVE MARKET, BY VALVE TYPE 81 6.1 INTRODUCTION 82 6.2 BALL VALVES 84 6.2.1 INVESTMENT IN ADVANCED TECHNOLOGY TO DRIVE MARKET 84 6.3 NEEDLE VALVES 86 6.3.1 ADOPTION OF HYDROGEN AS CLEAN ENERGY SOURCE TO DRIVE DEMAND 86 6.4 CHECK VALVES 87 6.4.1 INCREASED NEED TO PREVENT BACKFLOW AND ENSURE SAFE STORAGE 87 6.5 PRESSURE RELIEF VALVES 88 6.5.1 CRUCIAL TO CONTROL AND REGULATE PRESSURE WITHIN HYDROGEN STORAGE TANKS AND PIPELINES 88 6.6 GLOBE VALVES 90 6.6.1 ADVANCEMENTS IN HYDROGEN STORAGE INFRASTRUCTURE – KEY DRIVER 90 6.7 FLOW CONTROL VALVES 91 6.7.1 LOW VISCOSITY AND HIGH DIFFUSIVITY LEAD TO HIGH DEMAND 91 6.8 OTHER VALVES 93 6.8.1 EXPANSION IN HYDROGEN SECTOR TO DRIVE DEMAND 93   7 HYDROGEN VALVE MARKET, BY MATERIAL 95 7.1 INTRODUCTION 96 7.2 STAINLESS STEEL 98 7.2.1 STRENGTH AND CORROSION RESISTANCE TO DRIVE DEMAND 98 7.3 ALUMINUM 98 7.3.1 RESILIENCE AGAINST EXTREME TEMPERATURES TO BOOST GROWTH 98 7.4 OTHERS 98 8 HYDROGEN VALVE MARKET, BY PRESSURE RANGE 100 8.1 INTRODUCTION 101 8.2 <50 BAR 103 8.2.1 SEGMENT TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 103 8.3 >50–350 BAR 104 8.3.1 WIDELY USED IN FUEL CELL ELECTRIC VEHICLES 104 8.4 >350–700 BAR 105 8.4.1 SEGMENT TO HOLD LARGEST SHARE IN HYDROGEN VALVE MARKET 105 8.5 >700–1,000 BAR 106 8.5.1 HIGH DEMAND IN HIGH-PRESSURE APPLICATIONS 106 8.6 >1,000 BAR 107 8.6.1 HIGH DEMAND DUE TO EXCELLENT SAFETY AND RELIABILITY 107 9 HYDROGEN VALVE MARKET, BY SIZE 108 9.1 INTRODUCTION 109 9.2 <1" 111 9.2.1 SEGMENT TO GROW FASTEST DURING FORECAST PERIOD 111 9.3 >1"–6" 112 9.3.1 WIDELY USED IN HYDROGEN FUEL CELLS 112 9.4 >6”–12” 113 9.4.1 TO BE WIDELY USED IN HYDROGEN PRODUCTION DURING FORECAST PERIOD 113 9.5 >12”–20” 114 9.5.1 WIDELY USED FOR HYDROGEN STORAGE 114 9.6 >20” 115 9.6.1 MOSTLY USED IN HYDROGEN PRODUCTION AND STORAGE 115 10 HYDROGEN VALVE MARKET, BY IMPLEMENTATION 116 10.1 INTRODUCTION 117 10.2 NEW INSTALLATION 119 10.2.1 HOLDS LARGEST MARKET SHARE DUE TO INCREASE IN HYDROGEN PROJECTS 119 10.3 RETROFIT INSTALLATION 119 10.3.1 REGULATORY REQUIREMENTS FOR GREEN ENERGY TO BOOST SEGMENT 119 11 HYDROGEN VALVE MARKET, BY APPLICATION 120 11.1 INTRODUCTION 121 11.2 HYDROGEN PRODUCTION 123 11.2.1 SEGMENT DRIVEN BY NEED FOR CLEAN ENERGY SOURCES 123 11.2.2 HYDROGEN VALVE MARKET, BY HYDROGEN PRODUCTION 125 11.2.2.1 Grey Hydrogen 126 11.2.2.2 Blue, Brown, and Black Hydrogen 126 11.2.2.3 Green Hydrogen 126 11.3 HYDROGEN FUEL CELLS 127 11.3.1 EFFICIENT, ZERO-EMISSION ENERGY FOR TRANSPORTATION AND INFRASTRUCTURE – KEY SEGMENT DRIVER 127 11.3.2 HYDROGEN IC ENGINES 128 11.4 HYDROGEN FUELING STATIONS 129 11.4.1 INCREASING NEED FOR ENERGY IN DEVELOPING COUNTRIES TO ACCELERATE DEMAND 129 11.5 HYDROGEN TRANSPORTATION 131 11.5.1 SPECIFIC TRANSPORTATION REQUIREMENTS OF HYDROGEN TO BOOST DEMAND 131 11.6 HYDROGEN STORAGE 133 11.6.1 INCREASING DEMAND FOR ROBUST VALVES FOR SAFE STORAGE 133 12 HYDROGEN VALVE MARKET, BY END-USE INDUSTRY 136 12.1 INTRODUCTION 137 12.2 OIL & GAS 139 12.2.1 KEY ROLE IN REFINERIES TO BOOST DEMAND 139 12.3 ENERGY & POWER 140 12.3.1 GROWTH DRIVEN BY DECARBONIZATION GOALS AND INFRASTRUCTURE INVESTMENT 140 12.4 PHARMACEUTICAL 142 12.4.1 HYDROGEN USE IN PHARMACEUTICALS TO BOOST DEMAND FOR APPLICATION-SPECIFIC VALVES 142 12.5 FOOD & BEVERAGES 143 12.5.1 WIDELY USED IN FOOD PROCESSING TO IMPROVE SAFETY AND EFFICIENCY 143 12.6 CHEMICAL 144 12.6.1 RISING USE IN CARBON FOOTPRINT MANAGEMENT TO INCREASE NEED FOR SPECIALIZED VALVES 144 12.7 METALS & MINING 145 12.7.1 ADOPTION IN MINING TO INCREASE DEMAND FOR ADVANCED, RELIABLE VALVES 145 12.8 AUTOMOTIVE 147 12.8.1 PREVALENCE OF HYDROGEN FUEL CELLS AND IC ENGINES TO DRIVE SEGMENT 147 12.9 OTHERS 148 13 HYDROGEN VALVE MARKET, BY REGION 150 13.1 INTRODUCTION 151 13.2 NORTH AMERICA 153 13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 153 13.2.2 US 156 13.2.2.1 Market expansion due to focus of industrial sectors on hydrogen-related applications 156 13.2.3 CANADA 156 13.2.3.1 Market growth propelled by hydrogen use in refineries and fertilizers 156 13.2.4 MEXICO 156 13.2.4.1 Public-private collaborations fuel growth of market 156 13.3 EUROPE 157 13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 157 13.3.2 UK 159 13.3.2.1 Government initiatives and industrial collaboration to drive market 159 13.3.3 GERMANY 160 13.3.3.1 Research funding initiatives to drive market 160 13.3.4 FRANCE 160 13.3.4.1 Cross-border hydrogen trade and infrastructure development to boost market 160 13.3.5 REST OF EUROPE 161 13.4 ASIA PACIFIC 161 13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 161 13.4.2 CHINA 164 13.4.2.1 Market to be driven by substantial hydrogen production capacity 164 13.4.3 JAPAN 164 13.4.3.1 Investment in renewable energy sources and power generation to boost demand 164 13.4.4 SOUTH KOREA 165 13.4.4.1 Development plans for hydrogen industry to drive market 165 13.4.5 INDIA 165 13.4.5.1 Government push to increase renewable energy capacity – key driver 165 13.4.6 REST OF ASIA PACIFIC 165 13.5 REST OF THE WORLD 166 13.5.1 MACROECONOMIC OUTLOOK FOR ROW 166 13.5.2 GCC COUNTRIES 169 13.5.2.1 Collaborations for hydrogen supply chain to fuel demand 169 13.5.3 AFRICA 169 13.5.3.1 Market driven by growing industrialization and infrastructure 169 13.5.4 SOUTH AMERICA 169 13.5.4.1 Increasing industrial expansion to boost market 169   14 COMPETITIVE LANDSCAPE 170 14.1 INTRODUCTION 170 14.2 REVENUE ANALYSIS OF TOP FIVE COMPANIES 172 14.3 MARKET SHARE ANALYSIS OF TOP PLAYERS, 2023 173 14.4 COMPANY VALUATION AND FINANCIAL METRICS, 2023 175 14.5 BRAND/PRODUCT COMPARISON 176 14.6 COMPETITIVE EVALUATION QUADRANT, 2023 177 14.6.1 STARS 177 14.6.2 EMERGING LEADERS 177 14.6.3 PERVASIVE PLAYERS 177 14.6.4 PARTICIPANTS 177 14.6.5 HYDROGEN VALVE MARKET: COMPANY FOOTPRINT 179 14.6.5.1 Company footprint 179 14.6.5.2 Type footprint 179 14.6.5.3 End-use industry footprint 180 14.6.5.4 Region footprint 180 14.7 HYDROGEN VALVE MARKET: COMPANY EVALUATION MATRIX (SMES), 2023 181 14.7.1 PROGRESSIVE COMPANIES 181 14.7.2 RESPONSIVE COMPANIES 181 14.7.3 DYNAMIC COMPANIES 181 14.7.4 STARTING BLOCKS 181 14.8 COMPETITIVE BENCHMARKING 183 14.8.1 HYDROGEN VALVE MARKET: KEY STARTUPS 183 14.8.2 HYDROGEN VALVE MARKET: COMPETITIVE BENCHMARKING OF KEY SMES 184 14.9 COMPETITIVE SITUATIONS AND TRENDS 185 14.9.1 PRODUCT LAUNCHES 185 14.9.2 EXPANSIONS 186 14.9.3 DEALS 186 15 COMPANY PROFILES 188 15.1 KEY PLAYERS 188 15.1.1 EMERSON ELECTRIC CO. 188 15.1.1.1 Business overview 188 15.1.1.2 Products/Solutions/Services offered 189 15.1.1.3 Recent developments 190 15.1.1.3.1 Product launches 190 15.1.1.3.2 Deals 190 15.1.1.4 MnM view 190 15.1.1.4.1 Right to win 190 15.1.1.4.2 Strategic choices 191 15.1.1.4.3 Weaknesses/Competitive threats 191   15.1.2 SLB 192 15.1.2.1 Business overview 192 15.1.2.2 Products/Solutions/Services offered 193 15.1.2.3 MnM view 194 15.1.2.3.1 Right to win 194 15.1.2.3.2 Strategic choices 194 15.1.2.3.3 Weaknesses/Competitive threats 194 15.1.3 VALMET 195 15.1.3.1 Business overview 195 15.1.3.2 Products/Solutions/Services offered 196 15.1.3.3 Recent developments 197 15.1.3.3.1 Product launches 197 15.1.3.4 MnM view 197 15.1.3.4.1 Right to win 197 15.1.3.4.2 Strategic choices 197 15.1.3.4.3 Weaknesses/Competitive threats 197 15.1.4 IMI 198 15.1.4.1 Business overview 198 15.1.4.2 Products/Solutions/Services offered 199 15.1.4.3 MnM view 200 15.1.4.3.1 Right to win 200 15.1.4.3.2 Strategic choices 200 15.1.4.3.3 Weaknesses/Competitive threats 200 15.1.5 CRANE COMPANY 201 15.1.5.1 Business overview 201 15.1.5.2 Products/Solutions/Services offered 202 15.1.5.3 Recent developments 203 15.1.5.3.1 Deals 203 15.1.5.4 MnM view 203 15.1.5.4.1 Right to win 203 15.1.5.4.2 Strategic choices 203 15.1.5.4.3 Weaknesses/Competitive threats 203 15.1.6 PARKER HANNIFIN CORP 204 15.1.6.1 Business overview 204 15.1.6.2 Products/Solutions/Services offered 205 15.1.6.3 Recent developments 206 15.1.6.3.1 Product launches 206 15.1.7 BAKER HUGHES COMPANY 207 15.1.7.1 Business overview 207 15.1.7.2 Products/Solutions/Services offered 208   15.1.8 WESTPORT FUEL SYSTEMS INC. 209 15.1.8.1 Business overview 209 15.1.8.2 Products/Solutions/Services offered 210 15.1.8.3 Recent developments 211 15.1.8.3.1 Expansions 211 15.1.9 KITZ CORPORATION 212 15.1.9.1 Business overview 212 15.1.9.2 Products/Solutions/Services offered 213 15.1.10 SWAGELOK COMPANY 214 15.1.10.1 Business overview 214 15.1.10.2 Products/Solutions/Services offered 214 15.1.10.3 Recent developments 215 15.1.10.3.1 Expansions 215 15.2 OTHER PLAYERS 216 15.2.1 GSR VENTILTECHNIK GMBH & CO. KG 216 15.2.2 HIGH PRESSURE EQUIPMENT COMPANY 217 15.2.3 VELAN INC. 218 15.2.4 ROTAREX 218 15.2.5 MAXIMATOR GMBH 219 15.2.6 KEVIN STEEL 219 15.2.7 JAKSA D.O.O. 220 15.2.8 VEXVE OY 220 15.2.9 CAM S.P.A. 221 15.2.10 OLIVER VALVES LTD. 221 15.2.11 ADAMS ARMATUREN GMBH 222 15.2.12 HARTMANN VALVES GMBH 222 15.2.13 OMB SALERI S.P.A. 223 15.2.14 GEFA PROCESSTECHNIK GMBH 224 15.2.15 HABONIM 224 16 ADJACENT & RELATED MARKETS 225 16.1 INTRODUCTION 225 16.2 LIMITATION 225 16.3 BALL VALVES MARKET, BY TYPE 225 16.3.1 INTRODUCTION 225 16.4 TRUNNION-MOUNTED 226 16.4.1 INCREASING USE IN HIGH-PRESSURE LOW-TORQUE OPERATIONS TO DRIVE MARKET 226 16.5 FLOATING 226 16.5.1 RISING IMPLEMENTATION IN MEDIUM-/LOW-PRESSURE APPLICATIONS TO FUEL MARKET GROWTH 226 16.6 RISING STEM 227 16.6.1 SURGING DEMAND FROM CHEMICAL INDUSTRY TO DRIVE MARKET 227 17 APPENDIX 228 17.1 INSIGHTS OF INDUSTRY EXPERTS 228 17.2 DISCUSSION GUIDE 229 17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 233 17.4 CUSTOMIZATION OPTIONS 235 17.5 RELATED REPORTS 235 17.6 AUTHOR DETAILS 236