Global Lined Valve Market Insights Forecasts to 2032

• The Global Lined Valve Market Size was valued at USD 3.25 Billion in 2022.
• The Market is growing at a CAGR of 4.1% from 2023 to 2032
• The Worldwide Lined Valve Market Size is expected to reach USD 4.86 Billion by 2032
• Asia-Pacific is expected to have significant growth during the forecast period

The Global Lined Valve Market Size is expected to reach USD 4.86 billion by 2032, at a CAGR of 4.1% during the forecast period 2022 to 2032.

Market Overview

A lined valve is a type of industrial valve that is designed with a lining material on its internal surfaces to provide protection against corrosion and abrasion. The lining material, typically made of materials like PTFE (polytetrafluoroethylene) or PFA (perfluoroalkoxy), acts as a barrier between the process fluid and the valve's metal components, ensuring the integrity and longevity of the valve. Lined valves are commonly used in applications involving corrosive or abrasive fluids, such as in chemical processing plants, pharmaceutical industries, and wastewater treatment facilities. They offer excellent resistance to chemical attack, high temperatures, and pressure while maintaining smooth flow characteristics. Lined valves are available in various types, including ball valves, butterfly valves, and plug valves, catering to different application requirements.

Report Coverage

This research report categorizes the market for lined valve market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the lined valve market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the lined valve market.

Driving Factors

The lined valve market is driven by several factors due to increasing demand for corrosion-resistant valves in industries such as chemical processing, oil & gas, and pharmaceuticals is a major driver. Lined valves provide effective protection against corrosive fluids, extending the lifespan of the valves and reducing maintenance costs. The stringent environmental regulations regarding emissions and waste disposal are driving the adoption of lined valves, as they prevent leakage and ensure the safe handling of hazardous materials. Additionally, the growth of infrastructure development projects worldwide is boosting the demand for lined valves in sectors such as water and wastewater treatment. Moreover, advancements in lining materials and valve designs, offering enhanced performance and durability, are further propelling the market. Overall, the rise in industrial automation and the need for precise flow control are driving the demand for technologically advanced lined valves.

Restraining Factors

The lined valve market faces certain restraints that impact its growth. One significant restraint is the high cost associated with lined valves compared to conventional valves. The specialized lining materials and complex manufacturing processes contribute to the higher price, limiting their adoption in cost-sensitive industries. Another restraint is the limited availability of lining materials suitable for specific applications, which may restrict the options for end-users. Additionally, the complexity of maintenance and repair of lined valves can pose challenges, requiring skilled technicians and specialized tools. Overall, the market may face challenges in terms of standardization and compatibility issues, especially when integrating lined valves into existing systems or during retrofitting projects.

Market Segmentation

• In 2022, the ball valve segment accounted for more than 24.7% market share

On the basis of the type, the global lined valve market is segmented into ball valve, butterfly valve, plug valve, globe valve, gate valve, and others. The ball valve segment has emerged as the dominant player in the lined valve market, holding the largest market share. Several factors contribute to its significant market presence because ball valves are widely recognized for their versatility, reliability, and ease of operation. They offer excellent shut-off capabilities and low torque requirements, making them suitable for various applications across industries. The ball valve design allows for smooth and efficient flow control, ensuring minimal pressure drop and reduced energy consumption. The lined ball valves provide exceptional resistance to corrosive and abrasive fluids, making them ideal for industries such as chemical processing, oil and gas, and pharmaceuticals. Moreover, advancements in ball valve technology, such as floating and trunnion-mounted designs, further enhance their performance and durability. With their numerous advantages and widespread applications, the ball valve segment continues to dominate the lined valve market.

• In 2022, the polytetrafluoroethylene segment dominated with more than 38.4% market share

Based on the type of material, the global lined valve market is segmented into polytetrafluoroethylene, perfluoroalkoxy, modified polytetrafluoroethylene, polychlorotrifluoroethylene, and others. The polytetrafluoroethylene (PTFE) segment has emerged as the frontrunner in the lined valve market, holding the largest market share. Several factors contribute to its significant market presence because PTFE is renowned for its exceptional chemical resistance, making it an ideal lining material for valves used in corrosive environments. It offers superior resistance to a wide range of aggressive chemicals, acids, and solvents, ensuring the longevity and reliability of the valves. PTFE provides excellent low-friction properties, resulting in a smooth flow and reduced pressure drop. This makes it highly suitable for applications where precise control and minimal energy loss are crucial. The PTFE-lined valves offer exceptional temperature resistance, maintaining their integrity and performance in both high and low-temperature environments. Moreover, the availability of PTFE in various forms, such as sheets, tubes, and tapes, provides versatility in the manufacturing and lining process. With its outstanding chemical resistance, low friction properties, and temperature capabilities, the PTFE segment continues to dominate the lined valve market.

Regional Segment Analysis of the Lined Valve Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia-Pacific dominated the market with more than 42.3% revenue share in 2022.

Based on region, Asia-Pacific has emerged as the dominant region in the lined valve market, holding the largest market share. Several factors contribute to this market dominance because the region's robust industrial sector, particularly in countries like China, India, and Japan, drives the demand for lined valves in various industries, including chemicals, oil and gas, and power generation. The rapid industrialization and urbanization in these countries further fuel the need for efficient fluid control systems. The increasing emphasis on environmental regulations and the growing awareness of the importance of leak-free operations in industries such as water treatment and wastewater management propel the adoption of lined valves. The expanding infrastructure projects in Asia-Pacific, such as construction, transportation, and energy, create substantial demand for lined valves for applications like pipeline systems and power plants. Moreover, the presence of major manufacturing hubs and a skilled workforce in the region supports the production and supply of lined valves.

Recent Developments

In November 2022, Neles, a renowned company offering flow control solutions worldwide, has successfully finalized the purchase of Flowrox, a Finland-based technology company specializing in valve and pump businesses. This acquisition serves as a strategic move by Neles to broaden its range of products and enhance its presence within the metals and mining industry, enabling them to capture new opportunities and strengthen their market position.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global lined valve market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Companies:

• Emerson
• Flowserve Corporation
• Crane Co.
• Neles
• KITZ Corporation
• Entegris
• Samson
• Bray International
• ChemValve-Schmid AG
• EBRO ARMATUREN Gebr.  Broer GmbH

Key Target Audience

• Market Players
• Investors
• End-Users
• Government Authorities 
• Consulting and Research Firm
• Venture Capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2019 to 2032. Spherical Insights has segmented the global lined valve market based on the below-mentioned segments:

Lined Valve Market, By Type

• Ball Valve
• Butterfly Valve
• Plug Valve
• Globe Valve
• Gate Valve
• Others

Lined Valve Market, By Material

• Polytetrafluoroethylene
• Perfluoroalkoxy
• Modified Polytetrafluoroethylene
• Polychlorotrifluoroethylene
• Others

Lined Valve Market, By Industry

• Chemical
• Petrochemical
• Pharmaceuticals
• Food & Beverages
• Pulp & Paper
• Others

Lined Valve Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa