Control Valves for India

The Control Valves India Market Analysis Report delivers current market analysis plus a five-year market forecast.  The report also takes a closer look at upcoming market and technology trends related to CVAP India.

Control Valves for India: Growth in Chemical and Oil & Gas Industries to Drive the Market

This market research serves as an effective planning guide for new and established control valve, actuator, and positioner suppliers.  Control valves regulate the rate of fluid flow to maintain a process variable as close as possible to the desired set point.  They provide key functionality for automated process control. 

The overall demand for control valves from metals, pulp & paper, oil & gas, refining, mining, and electric power generation end users had been relatively better than chemical and water & wastewater industries in 2018.  The oil and gas industry showed signs of improvement with the revival of control valve shipments to this industry.  The power generation industry in India is the largest customer of control valve products in India.  The industry is currently facing hindrance toward further expansion due to structural issues and overcapacity crisis.  However, investments in other industries such as chemical and hydrocarbon are expected to grow during the forecast period.

Suppliers need to focus on product development through either joint ventures or strategic partnerships to take advantage of the opportunities afforded by such projects.

The report further explores the growing trend of third-party valve maintenance services and its impact on users.

Control Valves India Market Strategic Issues

In addition to providing a five-year market forecast, the CVAP India Market Research Report provides detailed quantitative current market data and addresses key strategic issues as follow:

Strategic Issue for Control Valves India Vendors:Increasing Economic Uncertainty

Control valves rely on growth from the hydrocarbon industries, which in turn depend on consumer demand.  Therefore, any significant economic uncertainty will have a direct effect on control valve growth.  Increasing economic and geopolitical uncertainty has many end users proceeding with caution for capital investment plans.  In some cases, this uncertainty is further delaying project investments that would ultimately include control valves.  At the time of this writing, the most recent downturn was largely limited to short business cycle products and did not yet impact control valve shipments.  However, this downturn could easily work its way through to longer business cycle markets and begin negatively impacting control valve shipments.

Strategic Issue for Users: Lack of Experienced Personnel

Unfortunately, the pool of qualified plant personnel continues to shrink, as fewer college students perceive process automation, process engineering, chemical engineering, or similar technical fields as attractive career paths.  It can take suppliers two years to train a new college graduate effectively in the field of automation, and once trained, they may have difficulty retaining the individual.  This “brain drain” leads to the inability of suppliers to find and retain qualified personnel to help clients maintain and replace their control valves.  This ultimately limits the ability of suppliers to capitalize on the growing need for services from their control valve customers.

Strategic Issue for All Market Participants: Impact of COVID-19

The COVID-19 outbreak has caused disruptions to global supply chains and business operations.  While the pandemic did not impact the 2019 demand for CVAP India, the market projections do take into account industry trends with ARC’s best estimates for how COVID-19 will impact the CVAP India market in different industries.

Research Focus Areas

India Economic Scenario

  • Major Trends
  • Industry Trends
  • Strategies for Buyers
  • Strategies for Product Suppliers

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Industry Shares for Control Valves
  • Market Shares by Industry
    • Chemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Market Shares by Components
    • Valves
    • Actuators
    • Positioners

Market Forecasts

  • Total Shipments of Control Valves
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by Industry
    • Chemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Shipments by Component
    • Valves
    • Actuators
    • Positioners
  • Shipments by Valve Body Type
    •  Ball Valves
    •  Butterfly Valves
    •  Globe Valves
    •  Plug Valves

Industry Participants

The research identifies all relevant suppliers serving this market.

Representative Software Clients
Representative Automation Clients