Market Scenario Insight into Industrial Valves

Source: Press release Ahlam Rais 5 min Reading Time

Related Vendors

The overall global market for industrial valves is expected to rise in the coming years. Valve manufacturers have introduced various kinds of valves for diverse applications and industries this year. PROCESS Worldwide highlights some of the latest solutions in this space.

Used across numerous industries, industrial valves are responsible for regulating or controlling the flow of liquid or pressure of gas within a system or process.(Source:  Maksym Yemelyanov - stock.adobe.com)
Used across numerous industries, industrial valves are responsible for regulating or controlling the flow of liquid or pressure of gas within a system or process.
(Source: Maksym Yemelyanov - stock.adobe.com)

Industrial valves are crucial devices in a production set-up. Used across numerous industries, these valves are responsible for regulating or controlling the flow of liquid or pressure of gas within a system or process. Industrial valves are available in different types such as ball valves, butterfly valves, globe valves, gate valves, safety valves and so on.

According to Research and Markets’ report titled ‘Global Industrial Valves Market Report 2023: Integration of Industrial Valves with IIOT and Industry 4.0 Presents Opportunities’, the global industrial valves market size is expected to grow from 80.4 billion dollars in 2023 to 99.8 billion dollars by 2028 and is expected to grow at a CAGR of 4.4 % from 2023 to 2028.

The market research company further states that the key factors driving the growth of the industrial valves market are the growing adoption of Industrial Internet of Things (IIOT)-integrated valves, the rapidly shifting focus of process industries towards adoption of automation solutions, the global need for establishment of new power plants and revamping of existing ones, the changing focus of valve manufacturers towards better maintenance and aftermarket services, and the increasing adoption of smart valves as replacement for outdated valves.

Smart valves with IIOT technology

IIOT allows machines and components to connect with each other and exchange information in order to obtain real-time feedback of the production processes. This ensures that production is carried out smoothly and also helps to detect defects or problems so that through early maintenance the issue is solved. Reducing costs and down time are also added advantages of this solution.

When integrated with industrial valves, industry players can control and monitor the valves remotely as well as gain insights about the liquids or gasses that pass through it. Not only this, additional information such as humidity, airflow and temperature are also shared by these smart, IIOT-integrated valves which helps to improve efficiency.

What’s new in industrial valves?

3D printed diaphragm valves: A unique and innovative valve has been developed by Sisto Armaturen, a KSB Group company. Utilizing a special alloyed material along with the additive manufacturing technology, the company has created diaphragm valves for one of Germany’s largest pharmaceutical firms.

Additive manufacturing has numerous benefits such as the produced parts are light in weight, it is a cost-effective procedure, provides quick solutions for design and concept validation due to which wastage is minimized in the final product, and proves useful to create products with complex or intricate geometries which cannot be produced with traditional methods.

3D-printed multiway diaphragm valve bodies for the pharmaceutical industry, prior to surface treatment.(Source:  KSB SE & Co.)
3D-printed multiway diaphragm valve bodies for the pharmaceutical industry, prior to surface treatment.
(Source: KSB SE & Co.)

A press release by the firm mentions that the 3D printed diaphragm valves also enables geometries with undercuts, such as integrated cooling channels, which would not or hardly be possible using a milling process. Body parts made by additive manufacturing have further got a higher material homogeneity. The company release also adds that the components designed for 3D printing are significantly lighter than conventionally manufactured components.

Butterfly valve for PSA applications: Flowserve Corporation has introduced its Valtek Valdisk butterfly valve which can be used in pressure swing adsorption (PSA) applications. Licensor-approved, the valve has recently completed a million-cycle endurance test and the company shares in a release that these butterfly valves are ideal for applications in chemical plants, oil refineries and other facilities that require control valves that maintain tight shutoff amidst high cycles and bi-directional flows.

The firm further states that by increasing valve shutoff reliability, plant operators can maintain accurate pressure in the PSA vessel and extract purer hydrogen, oxygen and nitrogen or other gases. Increased gas purity and capacities lead to greater production and higher profits, mentions the company.

The Valtek Valdisk valve’s proprietary soft seat design provides long-lasting, Class VI shutoff in both flow directions.(Source:  Flowserve Corporation)
The Valtek Valdisk valve’s proprietary soft seat design provides long-lasting, Class VI shutoff in both flow directions.
(Source: Flowserve Corporation)

Enhanced process productivity, reducing plant downtime and safety are the plus points of these valves. In addition to this, the valve’s proprietary soft seat design provides long-lasting, Class VI shutoff in both flow directions, claims the firm. It also incorporates innovative key features that extend mean time between repair. The double-offset disc reduces seat and disc wear as well as leakage, extends seat life, and reduces maintenance costs, adds the firm.

Mixproof valves: Two new mixproof valves have been unveiled by Alfa Laval – the Alfa Laval Unique Mixproof CIP and the Unique Mixproof Process. The Unique Mixproof CIP is a double-seat valve that safely and efficiently manages the flow of cleaning media during cleaning-in-place while the Unique Mixproof Process, a compact version of proven Alfa Laval double-seat valves, is configurable and available in various sizes to meet the manufacturers’ requirements, shares a release by the company.

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Alfa Laval's two new hygienic valves – the Alfa Laval Unique Mixproof CIP and the Unique Mixproof Process. (Source:  Alfa Laval)
Alfa Laval's two new hygienic valves – the Alfa Laval Unique Mixproof CIP and the Unique Mixproof Process.
(Source: Alfa Laval)

It further mentions that both the valves are capable of simultaneously routing two different fluids without the risk of cross-contamination, thereby contributing to more uptime and reduced total cost of ownership. Compact and modular, the valves also have the potential to eliminate unnecessary product loss while delivering up to 90 % savings in water and CIP media. The release opines that the reduced use of CIP fluids contributes to a lower total cost of ownership while minimizing the environmental impact in the process industries.

Ball valve for H2 production: Samson Pfeiffer’s smart valves can be used by electrolysis plants for the production of hydrogen. In addition to this, these ball valves are utilized in piping systems for aggressive media as well. A release by the company mentions that its ball valve project consists of lined valves with PTFE and PFA bodies and are preferably Pfeiffer parts from the established 20b series.

The valves for H₂ technology made by Samson Pfeiffer are ready for shipment.(Source:  Pfeiffer Chemie-Armaturenbau)
The valves for H₂ technology made by Samson Pfeiffer are ready for shipment.
(Source: Pfeiffer Chemie-Armaturenbau)

Slam-shut valve: Emerson’s BM6X Series slam-shut valve is making news. The solution has been certified for use in hydrogen applications by the French certification company, Bureau Veritas Italia. The slam-shut valve can also be utilized for gas transmission networks, regulating stations, and end use infrastructure.

Moving into the future

With more and more industry players looking for suitable and smart valves in the background of growing automation across sectors, the opportunities to tap in the industrial valves sector in the near future are immense.

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