Report : Europe 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)    

At 4.1% CAGR, the Europe Gate Valve Market is speculated to be worth US$ 2,701.59 million by 2028, says Business Market Insights         

According to Business Market Insights’ research, the Europe gate valve market was valued at US$ 1,958.68 million in 2021 and is expected to reach US$ 2,701.59 million by 2028, registering an annual growth rate of 4.1% from 2021 to 2028. Growth in industrialization and increasing demand in oil & gas sector are the critical factors attributed to the market expansion.           

 Since the beginning of the industrial revolution, technological advancements have led to a tremendous surge in industrial production capacities; as a result, the dependence of the economy on manufacturing has surged across the region. According to PricewaterhouseCoopers (PwC), growing economies, labor quality, tax policies, regulatory environments, and transportation and energy prices are the factors that have catalyzed the comeback of the manufacturing sector. As a result of the expanding manufacturing sector, the dependent markets, including mechanical equipment providers, are flourishing. Moreover, with the emergence of new categories of consumers in developing countries, manufacturers are likely to have significant new prospects; innovations catalyze the evolution of demands, thus compelling manufacturers to use modern equipment, including gate valves, in manufacturing units. Gate valves offer the necessary fluid velocity between different industrial equipment setups. Using a blade, these valves function as a component that cuts through obstructions in heavy liquids and gases. Such knife gate valves were first introduced to the pulp and paper sector to chop stringy pulp between manufacturing locations. Gate valves were quickly adopted across various sectors, including oil & gas, wastewater treatment, mining, and electricity, due to ease of handling and low costs. The adoption of gate valves has subsequently risen across all production sites. These are often available in big capacities to efficiently handle heavy and viscous slurries, grease, oil, paper pulp, varnish, and wastewater flows, among others. The availability of gate valves with technology-driven provisions further propels the gate valves market growth.

On the contrary, concerns regarding raw materials used in gate valve manufacturing hurdles the growth of Europe gate valve market.   

Based on valve type, the Europe gate valve market is segmented into flexible wedge, solid wedge, and split wedge or parallel disks valve. The solid wedge segment held 47.0% market share in 2021, amassing US$ 920.64 million. It is projected to garner US$ 1,224.00 million by 2028 to expand at 3.6% CAGR during 2021–2028.      

Based on valve size, the Europe gate valve market is segmented into 2" to 12", 14" to 36", and 42" and above. The 14" to 36"segment held 50.6% market share in 2021, amassing US$ 991.16 million. It is projected to garner US$ 1,343.01 million by 2028 to expand at 3.8% CAGR during 2021–2028.         

Based on application, the Europe gate valve market is segmented into oil and gas, water and wastewater treatment, chemical, and others. The oil and gas segment held 44.5% market share in 2021, amassing US$ 870.90 million. It is projected to garner US$ 1,190.45 million by 2028 to expand at 4.0% CAGR during 2021–2028.               

Based on country, the Europe gate valve market has been categorized into the UK, Germany, France, Italy, Russia, and rest of Europe.  Our regional analysis states that Germany captured 29.4% market share in 2021. It was assessed at US$ 575.94 million in 2021 and is likely to hit US$ 861.81 million by 2028, exhibiting a CAGR of 5.1% during the forecast period.          

Key players dominating the Europe gate valve market are Bray International; DEZURIK, INC; Emerson Electric Co.; ITT Inc.; Mueller Co. LLC; Orbinox; Sistag AG; STAFSJö VALVES AB; and The Weir Group PLC among others.   

  • In 2021, ITT Inc. announced it has acquired privately-held Habonim for $140 million in an all-cash transaction. 


  • In 2021, ORBINOX has introduced a novel bi-directional high-pressure knife gate valve for industrial and water treatment applications. Its design focuses on providing the ideal option for water treatment applications as well as general industrial operations that require high pressure performance and durability.

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