What is the current Global Plug Valve Market size?

The Global Plug Valve Market is projected to register a CAGR of 4.60% during the forecast period (2024-2029) Read More

Who are the key players in Global Plug Valve Market?

Emerson Electric Co., Flowserve Corporation, 3Z Corporation, Schlumberger Limited and Val-Matic Valve & Mfg. Corporation are the major companies operating in the Global Plug Valve Market. Read More

Which is the fastest growing region in Global Plug Valve Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Global Plug Valve Market?

In 2024, the Asia-Pacific accounts for the largest market share in Global Plug Valve Market. Read More

What years does this Global Plug Valve Market cover?

The report covers the Global Plug Valve Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Plug Valve Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Plug Valve Market - Size, Share & Industry Analysis

Plug Valve Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Global Plug Valve Market Report is Segmented by Type (Non-Lubricated Plug Valve, Lubricated Plug Valve, Eccentric Plug Valve, Expanding Plug Valve), By Design (Two Way Plug Valve, Three-Way Plug Valve), End-User Industry (Oil & Gas, Chemical & Petrochemical, Water & Wastewater, Energy), and Geography.

Plug Valve Industry Overview

The Global Plug Valve Market is fragmented due to several players in the market. To further strengthen their market presence, vendors primarily focus on developing innovative functionality for the product and making it highly efficient. Established players are also focusing on mergers & acquisitions to expand their market presence further. Some prominent global plug valve market players include Emerson Electric Co., Flowserve Corporation, 3Z Corporation, and Schlumberger Limited.

February 2022 - NYNE, a leading valve repair solution provider for plugs and other valves, announced the merger of Emerson's Final Control Lifecycles Services Business Unit into their Mechanical Services Division. The NYNE expansion is part of the NECI Plant Services plan to provide customers with a comprehensive, single-source solution for all plant maintenance and optimization solutions.
January 2022 - United Valve announced the acquisition of Global Service & Repair (GSR) of Sulphur, LA. GSR was a provider of repair and modification services on rising/rotating metallic plug valves and other tapered plug valve designs. The acquisition of GSR's special grinding equipment will enable United Valve to better perform repair and service on all types of metallic plug valve designs.