Germany, France, the UK, and Italy are among the major economies in Europe. The need for gate valves is increasing as new and stringent rules for ballast water treatment are implemented. As oil and gas production from subsea sources expands, the demand for efficient and expensive industrial control valves is rising. In process sectors, high labor costs in Europe are prompting businesses to migrate to automation systems. This is accelerating the expansion of the European gate valves market. During the projected period, the expansion of the European gate valves market will be aided by the development of nuclear power infrastructure in France.
ORBINOX, SISTAG, WEIR, EMERSON, AND BRAY INTERNATIONAL – PROMINENT MARKET PLAYERS IN GATE VALVE MARKET
Rapid urbanization and industrialization and a rise in demand for natural gas and exploration operations are positively influencing the European gate valves market. Moreover, the European Union (EU) has enacted strict legislation to restrict emissions and gas leakages in mining, refining, oil & gas, power, and chemical industries. As a result, the need for high-quality gate valves in the region is increasing. The presence of associations in Europe, such as the British Valve & Actuator Association and the European Association for the Taps and Valves Industry (CEIR), is also augmenting the growth of the gate valves market. CEIR was founded in 1959 as a European federation of national manufacturer associations. In the field of valves and fittings, CEIR brings together a large number of European manufacturers. In Europe and around the world, CEIR supports the ideas of a free economy and private enterprise. CEIR represents the European valve industries’ joint economic, technical, and scientific interests, particularly to international authorities and economic and commercial circles. These factors are driving the gate valves market in Europe.
Germany produces less natural gas and domestic oil, and gas relies majorly on imports. The country receives more than 50% of the oil from Russia. As per the BP statistical data of world energy 2020, the country is the largest consumer of natural gas in Europe and consumed 88.7 billion cubic meters of natural gas in 2019. In addition, Germany is characterized by one of the largest chemical industries across the globe. In 2019, the country has recorded around 2900 chemical companies operating in Germany and the chemical industry is one of the major consumers of the gate valve. Thus, the gate valve market growth is expected to propel in the coming years as the presence of a large number of chemical companies and oil & gas companies in the country.
Most of the market initiatives were observed in the North American region, which has a high potential for market-related products, solutions, and services. A few of the important market initiatives from the industry are mentioned below:
| Year | News | Country |
| 2021 | DeZURIK has released a new cast stainless steel AIS-compliant knife gate valve. The AIS-compliant knife gate valve is based on DeZURIK’s popular KGC-BD design, which is a robust seated, bi-directional knife gate valve made of cast stainless steel. The AIS-compliant variant is available in 3-24″ sizes and complies with all American Iron and Steel Act requirements. | North America |
| 2011 | 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. | North America |
