VALVES MARKET ANALYSIS

Market News

Global Valves Market: Key Developments

Major market players are focusing on product launches, in order to enhance their product portfolio.

For instance, In April, 2021, Alfa Laval a valve manufacturing company, extending its range of Unique DV-ST UltraPure diaphragm valves. The all-new range comes with slimmer actuators and optimized lightweight cast valve bodies with options for unbeatably economical operation. The enhanced DV-ST UltraPure range is fully customizable to meet virtually any aseptic process requirement across the food and pharmaceutical industries.

For instance, In May , 2023, Newey valve  a valve manufacturing company successfully developed and produced the first 20 inch Class 2500LB metal sealed emergency shut-off valve in China with 3 years efforts by Neway R & D team, to fill the gaps in the domestic industry! Technical Director of Neway Valves said, "This batch of high-pressure weaver-resistant ball valves are mainly used in the construction of offshore platforms. If an emergency occurs during offshore oil drilling operations, the valves can be closed within 10 seconds to prevent leakage.”

In April, 2023  KSB Group, a valve manufacturing company , for further expansion of its range of pumps suitable for handling untreated waste water has developed a new radial multi-vane impeller in open design. The D-max impeller serves to handle fluids containing solid substances and long fibres, coarse solids as well as entrapped gas or air.

In September, 2021, KITZ Corporation, a valve manufacturing company unveiled the news regarding their acquisition of common shares of TOA Valve Engineering Inc. They signed an agreement of capital and business alliance that assists both the companies in enhancing their corporate value. This also helps in the expansion of their businesses through mutual sharing of technologies, strengths and strategies associated with valves.