2005年美国工业阀门市场研究报告

2005 Research Report on US Industrial Valves Industry

Published date： Jun， 2005

US industrial valve

market to grow 4.6%

annually through 2009

US industrial valve demand will

increase 4.6 percent annually to

$14.8 billion in 2009. Gains will be

driven by an improved outlook for

capital expenditures coming out of

the early 2000s downturn. In

addition, growth in process manufacturers’

shipments will support

valve demand.

Shipments of valves from US

facilities will increase 3.9 percent

annually to $11.5 billion. Despite

solid export opportunities, the US

will remain a large net importer of

valves and, in fact, the trade

deficit in these products will

continue to increase.

Automatic valves to be

the fastest growing type

Gains for more advanced and

higher value automatic valves will

outpace those of standard valve

products. Still, standard valves will

remain the larger product segment,

representing more than 70

percent of the total in 2009.

Iron, plastic valves

to outpace steel products

Steel and steel alloys will remain

the most commonly used material

for valve construction. However,

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shipments of valves made from

plastics and iron will both increase

more rapidly than those made

from steel.

Resource extraction

to offer best market

opportunities

Process manufacturing and

utilities will continue to dominate

valve demand, comprising approximately

two-thirds of the total

market due to the large fluid

handling requirements of these

sectors. But through 2009, the

fastest gains are expected in the

resource extraction industries,

particularly petroleum and natural

gas, based on strong demand for

these products and the development

of deep water offshore

oilfields.

Study coverage

The new Freedonia industry study,

Industrial Valves, is available for

$4100. It provides historical US

demand data (1994, 1999, 2004)

plus forecasts to 2009 and 2014

by industrial valve material, product

and market. The study also

considers market environment

indicators, presents company

market share data, assesses the

industry structure and profiles 40

US industry competitors including

Crane, Dresser, Emerson Electric,

Flowserve, Tyco and Watts Water

Technologies.

This study can help you:

• Determine your market & sales potential

• Learn more about industry competitors

• Assess new products & technologies

• Identify firms to merge with or acquire

• Complement your research & planning

• Gather data for presentations

• Confirm your own internal data

• Make better business decisions

Contents/Tables/Charts

tables forecast to 2009 & 2014

EXECUTIVE SUMMARY ....................................... 1

Summary Table ............................................ 3

MARKET ENVIRONMENT .................................... 4

General ...................................................................... 4

Macroeconomic Overview ........................................ 5

Table - Macroeconomic Environment ......... 8

Nonresidential Fixed Investment Trends .................. 9

Table - Nonresidential Fixed Investment .. 10

Manufacturing Outlook ...........................................11

Table - Manufacturers’ Shipments ............12

Chemical Industry Overview ..............................13

Table - Chemical Shipments .....................14

Petroleum Refining Industry Overview .............. 15

Table - Refined Petroleum

Production & Consumption ..................16

Pulp & Paper Industry Overview ........................16

Table - Paper & Paperboard Production ....18

Utilities Outlook ......................................................19

Table - Utility Construction Expenditures 21

Water & Sewage Industry Overview ..................21

Table - Water Withdrawal Trends .............23

Electric Power Industry Overview ......................23

Table - Electricity Generation ...................26

Natural Gas Industry Overview .......................... 26

Table - Natural Gas Utility Indicators .......28

Resource Extraction Outlook ..................................29

Table - Production by Resource

Extraction Industries ............................. 31

Crude Oil & Natural Gas Overview ...................31

Table - Crude Oil & Natural Gas

Supply & Demand .................................33

Mining Industry Overview ..................................33

Table - Mining Materials Handled ............35

Construction Industry Overview ............................. 35

Table - Construction Expenditures ............36

VALVE OVERVIEW ............................................... 37

General .................................................................... 37

Supply & Demand ...................................................38

Table - Industrial Valve

Supply & Demand .................................39

Valve Shipments by Type ................................... 40

Chart - Industrial Valve Demand by Type 40

Valve Shipments by Material ............................. 41

Table - Industrial Valve Shipments

by Primary Material ..............................43

Chart - Industrial Valve Shipments

by Primary Material ..............................44

Steel & Steel Alloys ........................................44

Table - Steel/Steel Alloy Valve Shipments 46

Iron ................................................................. 46

Table - Iron Valve Shipments .................... 48

Copper-Based .................................................48

Table - Copper-Based Valve Shipments ...50

Plastic & Other Materials ...............................50

Table - Plastic & Other Valve Shipments . 53

Historical Trends ..................................................... 53

Table - Industrial Valve Trends,

1994-2004 .............................................55

Chart - Industrial Valve Trends,

1995-2004 .............................................56

Pricing Trends .........................................................56

Table - Industrial Valve Pricing Trends ....58

Chart - Industrial Valve Pricing Trends ....58

Regulations & Standards ......................................... 59

Technology .............................................................. 62

World Industrial Valve Market ...............................66

Table - World Valve Demand by Region .. 68

US Foreign Trade ....................................................68

Table - US Foreign Trade

in Industrial Valves ...............................69

Imports ................................................................69

Chart - Industrial Valve

Imports by Source, 2004 ....................... 71

Exports ................................................................72

Chart - Industrial Valve

Exports by Destination, 2004 ................73

STANDARD VALVES .......................................... 74

General .................................................................... 74

Table - Standard Valve Supply & Demand75

Chart - Standard Valve Demand by Type .76

Application-Specific Valves ................................... 76

Table - Application-Specific Valve

Supply & Demand .................................78

Chart - Application-Specific Valve

Shipments by Type, 2004 .....................79

Waterworks Valves .............................................79

Table - Waterworks Valve

Shipments by Type ................................ 81

Plumbing, Heating & Cooling Valves ................81

Table - Plumbing & Heating Valve

Shipments by Type ................................ 83

Nuclear Valves ....................................................84

Table - Nuclear Valve Shipments by Type 86

Quarterturn Valves .................................................. 86

Table - Quarterturn Valve

Supply & Demand .................................89

Chart - Quarterturn Valve

Shipments by Type, 2004 .....................89

Ball Valves ..........................................................90

Table - Ball Valve Shipments by Material 93

Butterfly Valves .................................................. 93

Table - Butterfly Valve Shipments

by Type & Material ..............................95

General Purpose .............................................95

High Performance ..........................................96

Parts & Actuators ...........................................98

Plug Valves .........................................................98

Table - Plug Valve Shipments

by Material ........................................ 101

Multiturn Valves .................................................. 101

Table - Multiturn Valve

Supply & Demand .............................. 103

Gate, Globe & Check Valves ........................... 104

Table - Gate, Globe & Check Valve

Shipments by Material ....................... 105

Gate ............................................................. 105

Globe ........................................................... 106

Check ........................................................... 107

Pinch & Diaphragm Valves ............................. 108

Table - Pinch & Diaphragm

Valve Shipments ................................ 111

Safety & Relief Valves ......................................... 111

Table - Safety & Relief Valve

Supply & Demand .............................. 113

Other Industrial Valve Products ........................... 113

Table - Other Industrial Valve Product

Supply & Demand .............................. 115

Separately Sold Actuators ................................ 115

Gas Cylinder Valves ........................................ 116

Steam Traps ..................................................... 117

Other Standard Valves & Parts ........................ 118

AUTOMATIC VALVES .......................................120

General ................................................................. 120

Table - Automatic Valve

Supply & Demand .............................. 122

Chart - Automatic Valve

Demand by Type ................................ 123

Control Valves ...................................................... 123

Table - Control Valve Supply & Demand 126

Chart - Control Valve

Shipments by Type, 2004 .................. 126

Pneumatic ........................................................ 127

Table - Pneumatic Valve

Shipments by Type ............................. 128

Solenoid ........................................................... 128

Table - Solenoid Valve

Shipments by Type ............................. 130

Electric & Other ............................................... 130

Table - Electric & Other Valve

Shipments by Type ............................. 132

Regulator Valves .................................................. 133

Table - Regulator Valve

Supply & Demand .............................. 134

Chart - Regulator Valve

Shipments by Type, 2004 .................. 135

Automatic Actuators ............................................ 135

Table - Automatic Actuator

Supply & Demand .............................. 137

MARKETS ........................................................... 138

General ................................................................. 138

Demand by Market ............................................... 138

Table - Industrial Valve

Demand by Market ............................. 140

Chart - Industrial Valve

Demand by Market ............................. 140

Demand by Source ............................................... 141

Table - Industrial Valve

Demand by Source ............................. 142

Process Manufacturing ......................................... 142

Table - Process Manufacturing

Valve Demand .................................... 144

Chart - Process Manufacturing Valve

Demand by Market, 2004 .................. 145

Chemicals ........................................................ 145

Table - Chemical Industry

Valve Demand .................................... 147

Petroleum Refining .......................................... 148

Table - Petroleum Refining

Valve Demand .................................... 149

Pulp & Paper .................................................... 150

Table - Pulp & Paper Industry

Valve Demand .................................... 151

Other ................................................................ 152

Table - Other Process Industry

Valve Demand by Market .................. 154

Utilities ................................................................. 155

Table - Public Utility Valve

Demand by Market ............................. 156

Chart - Public Utility Valve Demand

by Market, 2004 ................................. 157

Water & Sewage .............................................. 157

Table - Water & Sewage Valve Demand 159

Electric Power Generation ............................... 159

Table - Electric Power Valve

Demand by Market ............................. 162

Natural Gas ...................................................... 162

Table - Natural Gas Utility

Valve Demand .................................... 164

Resource Extraction Industries ............................ 164

Table - Resource Industry Valve

Demand by Market ............................. 166

Crude Petroleum & Natural Gas ...................... 166

Table - Crude Petroleum & Gas

Valve Demand .................................... 169

Mining.............................................................. 169

Table - Mining Industry Valve Demand . 170

Construction ......................................................... 170

Table - Construction Valve Demand ...... 172

Other ..................................................................... 172

Table - Other Markets Valve Demand ... 174

INDUSTRY STRUCTURE ..................................138

General ................................................................. 175

Industry Composition ........................................... 176

Table - Revenue Data: Select

Valve Manufacturers, 2004 ................ 178

Market Share ........................................................ 179

Chart - Industrial Valve Market Share

by Company, 2004 ............................. 179

Product Development ........................................... 183

Manufacturing ...................................................... 185

Table - Capital Spending Patterns: Select

Industrial Valve Manufacturers ......... 187

Marketing & Distribution .................................... 187

Financial Issues .................................................... 189

Table - Composite Financial Ratios: Select

Industrial Valve Manufacturers ......... 191

Mergers & Acquisitions ....................................... 191

Table - Select Acquisitions

& Divestitures .................................... 193

Cooperative Agreements ...................................... 194

Table - Select Cooperative Agreements . 195

Company Profiles .................................... 196-287