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UAE Industrial Valve Market Research Report 2023

UAE Industrial Valve Market Size By Type (Ball, Globe, Gate, Butterfly, Plug, Check) Material (Steel, Brass, Bronze, Cast Iron, Plastic) Size (< 1”, 1”–6”, 6”–25”, 25”–50”, > 50”) Application (Oil & Gas, Power, Energy, Chemical, Water & Waste Treatment) Function (On/Off, Control, Isolation, Special Purpose) and Country Market Analysis and Forecast, 2023-2030

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Report ID: 199

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UAE Industrial Valve Market Synopsis

UAE Industrial Valve is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

  • The UAE industrial valve market has seen steady growth due to the growth of the oil and gas, petrochemical, and water industries. The country's strategic location and well-developed infrastructure have attracted significant investment in these sectors, increasing the demand for industrial valves.
  • The oil and gas industry remains the main driver of the UAE economy, with major players such as Abu Dhabi National Oil Company (ADNOC) leading the market. This industry requires a wide range of valves to control, regulate, and isolate flow in pipelines and processing plants. In addition, the country's petrochemical industry has grown rapidly, which requires valves for various corrosive and high-pressure substances.
  • The UAE's focus on water storage and desalination projects has led to increased demand for valves in water treatment plants and distribution networks. The government's commitment to sustainability and infrastructure development has created opportunities for valve manufacturers and suppliers to meet these emerging needs.

Top Key Players:

"VBG Intech Valves Manufacturing LLC (UAE), Ebro Valves FZE ((UAE), Al Omariya Trading Co LLC (UAE), Kazem AbUSfia Metalic Ind (UAE), Apex Trading Co (UAE), Mechatronics Industrial Equipment LLC (UAE), JC Valves (UAE), AVK FZE (UAE), JEC Valves Trading LLC (UAE), IMI Hydronic Engineering LLC (UAE), Flowserve LLC (UAE), Emerson Industrial Automation (US), Bopp & Reuther Valves FZE (UAE), Swagelok FZE (UAE), KSB LLC (UAE), Metso Flow Control LLC (UAE), Velan LLC (UAE), Bray International LLC (US), Fisher Controls International LLC (US), National Oilwell Varco (NOV) (UAE) and other major players."

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The UAE Industrial Valve Market Trend Analysis

Rapid Petrochemical Growth Demands Valves

  • The UAE's petrochemical sector is expanding rapidly with the construction of new plants and projects. The increase in growth has fueled the demand for industrial valves that can effectively handle various chemicals and processes involved in the production and marketing of petrochemical products. Industrial valves play an important role in regulating, directing and directing the flow of liquids and gases in petrochemical plants and pipelines.
  • As the petrochemical industry diversifies its product offering and expands production capacity, the need for special valves adapted to handle various corrosive, high-pressure and temperature-sensitive substances is becoming increasingly important. Valve manufacturers and suppliers have a significant opportunity to meet the specific requirements of this booming industry and provide innovative solutions to improve the efficiency and safety of petrochemical operations.
  • Given the UAE's strategic position as a key player in the global petrochemical market, the growth of this sector is expected to continue, sustaining the demand for industrial valves. As the industry evolves, advances in valve technology and materials are likely to be adopted to meet the challenges of this dynamic and growing market.

UAE Infrastructure Projects Benefit Valve Manufacturers

  • The UAE government's commitment to infrastructure development creates significant opportunities for industrial valve manufacturers and suppliers to participate in major construction projects. As the UAE continues to invest in expanding its transport, energy and utilities sectors, demand for industrial valves is likely to increase. These valves play an important role in regulating, directing and directing fluid flow in various infrastructure projects such as pipelines, power plants, water treatment plants and construction projects.
  • Participating in these large-scale infrastructure projects can provide valve manufacturers with the opportunity to build long-term partnerships with government agencies, construction companies and other stakeholders. Meeting the UAE's infrastructure needs can be a gateway for valve manufacturers to access the wider Middle East and North Africa (MENA) market, given the UAE's strategic location and reputation as a regional business hub.
  • To successfully exploit these opportunities, valve manufacturers must focus on providing high-quality, reliable and technologically advanced products that meet the strict regulatory standards of the UAE. By tailoring their offerings to the specific requirements of infrastructure projects, valve manufacturers can position themselves as valuable participants in the UAE's ambitious development projects.

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According to the given graph, the manufacturing industry in the United Arab Emirates experienced steady revenue growth from 2017 to 2021. By the end of 2021, it is given that the industry's revenue will reach around 36.98 billion U.S. Dollars.

Segmentation Analysis of The UAE Industrial Valve Market

UAE Industrial Valve Market is segmented into the Type, Material, Size, Application, and Function. By Application, the Oil & Gas segment is Anticipated to Dominate the Market Over the Forecast Period.

  • The oil and gas segment are a major factor in the UAE industrial valves market. The UAE is a major producer and exporter of oil and natural gas, and Abu Dhabi is a key player in the global oil industry. This industry requires a wide range of industrial valves to support the various stages of production, refining and distribution of oil and gas.
  • Upstream operations, including exploration and drilling, require valves for well control and safety systems. Intermediate operations include the transportation of oil and natural gas through pipelines, which requires valves to regulate flow and ensure pipeline integrity. Refining and petrochemical processing where industrial valves are used in refining units, storage terminals and petrochemical plants.
  • The UAE's significant investment in the oil and gas sector has led to the development, expansion and modernization of new projects, increasing the demand for high-performance and reliable industrial valves. Manufacturers and suppliers of valves serving the UAE's oil and gas sector must adhere to strict quality and safety standards to meet the industry's stringent requirements.

Country Analysis of The UAE Industrial Valve Market

Abu Dhabi is Expected to Dominate the Market Over the Forecast Period.

  • Located in Abu Dhabi, the capital of the United Arab Emirates, the industrial valve market is an important part of the region's booming oil and gas industry. Home to major players such as Abu Dhabi National Oil Company (ADNOC), the city has seen significant industrial development, which has increased the demand for industrial valves.
  • Abu Dhabi's oil and gas sector is a major consumer of industrial valves, using them in various applications such as exploration, production, processing, and distribution. The valve is used in upstream wellhead control and safety systems, intermediate pipeline flow control operations, and downstream processes in processing units and storage terminals.
  • Apart from oil and gas, Abu Dhabi also has a growing petrochemical industry, desalination plants, and power plants, which further increase the demand for industrial valves. As the region continues to invest in infrastructure and sustainability projects, Abu Dhabi's industrial valve market is expected to continue to grow, providing opportunities for local and international manufacturers and suppliers to meet the diverse needs of this dynamic sector.

COVID-19 Impact Analysis on the UAE Industrial Valve Market

  • The COVID-19 pandemic has had several negative effects on the UAE industrial valve market. As a result of the pandemic, economic activity has been significantly disrupted, which has caused a slowdown in several industries, such as oil and gas, construction, and manufacturing, which are the main consumers of industrial valves.
  • Supply chain disruptions were another major challenge faced by the UAE industrial valves market. Global blockades and transport restrictions have affected the import and export of valves and related components, causing delivery delays and increased costs. Manufacturing operations were hampered by labour shortages and restrictions affecting the production and availability of industrial valves.
  • The drop in oil prices due to weakened global demand during the pandemic has led to budget cuts in the oil and gas sector. The decline in investment and research has directly affected the demand for industrial valves in the region as oil and gas projects are major consumers of valves in their operations.

Top Key Players Covered in The UAE Industrial Valve Market

  • VBG Intech Valves Manufacturing LLC (UAE)
  • Ebro Valves FZE (Dubai Branch) (UAE)
  • Al Omariya Trading Co LLC (UAE)
  • Kazem AbUSfia Metalic Ind (UAE)
  • Apex Trading Co (UAE)
  • Mechatronics Industrial Equipment LLC (UAE)
  • JC Valves (UAE)
  • AVK FZE (UAE)
  • JEC Valves Trading LLC (UAE)
  • IMI Hydronic Engineering LLC (UAE)
  • Flowserve LLC (UAE)
  • Emerson Industrial Automation (US)
  • Bopp & Reuther Valves FZE (UAE)
  • Swagelok FZE (UAE)
  • KSB LLC (UAE)
  • Metso Flow Control LLC (UAE)
  • Velan LLC (UAE)
  • Bray International LLC (US)
  • Fisher Controls International LLC (US)
  • National Oilwell Varco (NOV) (UAE)

Key Industry Developments in the UAE Industrial Valve Market

In February 2023, Flowserve Corporation and Velan Inc. announced a definitive agreement for an all-cash transaction of approximately $245 million. Flowserve acquires leading industrial valve manufacturer Velan. The transaction is expected to be completed by the end of the second quarter of 2023. The purpose of the acquisition is to strengthen Flowserve's position in the industrial valve market and expand the product offering.

UAE Industrial Valve Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2016 to 2021

Market Size in 2022:

USD XXX Bn.

Forecast Period 2023-30 CAGR:

XXX%

Market Size in 2030:

USD XXX Bn.

Segments Covered:

By Type

  • Ball
  • Globe
  • Gate
  • Butterfly
  • Plug
  • Check

By Material

  • Steel
  • Brass
  • Bronze
  • Cast Iron
  • Plastic

By Size

  • < 1”
  • 1”–6”
  • 6”–25”
  • 25”–50”
  • > 50”

By Application

  • Oil & Gas
  • Power
  • Energy
  • Chemical
  • Water & Waste Treatment

 

By Function

  • On/Off
  • Control
  • Isolation
  • Special Purpose

Frequently Asked Questions

What would be the forecast period in the Industrial Valve Market research report?

The forecast period in the Industrial Valve Market research report is 2023-2030.

Who are the key players in Industrial Valve Market?

VBG Intech Valves Manufacturing LLC (UAE), Ebro Valves FZE ((UAE), Al Omariya Trading Co LLC (UAE), Kazem AbUSfia Metalic Ind (UAE), Apex Trading Co (UAE), Mechatronics Industrial Equipment LLC (UAE), JC Valves (UAE), AVK FZE (UAE), JEC Valves Trading LLC (UAE), IMI Hydronic Engineering LLC (UAE), Flowserve LLC (UAE), Emerson Industrial Automation (US), Bopp & Reuther Valves FZE (UAE), Swagelok FZE (UAE), KSB LLC (UAE), Metso Flow Control LLC (UAE), Velan LLC (UAE), Bray International LLC (US), Fisher Controls International LLC (US), National Oilwell Varco (NOV) (UAE) and Other Major Players.

What are the segments of the Industrial Valve Market?

The Industrial Valve Market is segmented into Type, Material, Size, Application, and Function. By Type, the market is categorized into Ball, Globe, Gate, Butterfly, Plug, and Check. By Material, the market is categorized into Steel, Brass, Bronze, Cast Iron, and Plastic. By Size, the market is categorized into < 1”, 1”–6”, 6”–25”, 25”–50”, and> 50”. By Application, the market is categorized into Oil & Gas, Power, Energy, Chemical, Water & Waste Treatment. By Function, the market is categorized into On/Off, Control, Isolation, and Special Purpose.

What is the Industrial Valve Market?

The UAE industrial valve market has seen steady growth due to the growth of the oil and gas, petrochemical and water industries. The country's strategic location and well-developed infrastructure have attracted significant investment in these sectors, increasing the demand for industrial valves.

How big is the Industrial Valve Market?

The Industrial Valve is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

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