World Industrial Valves Markets

World Industrial Valves Markets

This report analyzes the worldwide markets for Industrial Valves in Millions of US$. The specific product segments analyzed are Globe and Check Valves, Ball Valves, Control Valves, Butterfly Valves, Waterworks Valves, Solenoid Valves, Nuclear Valves, and Other Valves. The specific end-use segments discussed are Chemical Industry, Petroleum Refining, Pulp & Paper Ind., Water & Sewage Utilities, Electric Power Generation, Oil & Gas Transmission, Petroleum Production, and Commercial Construction. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East/South Africa, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 1214 companies including many key and niche players worldwide such as Crane Co., Barksdale Control Products, Crane Process Flow Technologies GmbH., Xomox Corporation, Emerson Electric Co., Flowserve Corporation, Flowserve Essen GmbH, Halliburton Company, KITZ Corporation, KSB AG, SPX Corporation, The AVK Group, Tyco International Ltd., Velan, Incorporated, and Watts Water Technologies, Inc. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Globe and Check Valves I-4
Ball Valves I-4
Control Valves I-4
Butterfly Valves I-4
Waterworks Valves I-4
Solenoid Valves I-4
Nuclear Valves I-4
Other Valves I-4
Plug Valves I-4
Quarterturn Valves I-4
Safety & Relief Valves I-5
Pinch & Diaphragm Valves I-5
Plumbing, Heating and Cooling Valves I-5
Steam Traps I-5
Regulator Valves I-5
Gas Cylinder Valves I-5


II. EXECUTIVE SUMMARY

1. Industry Overview II-1
Consolidation in the Market, Inevitable II-1
Industrial Valve Products II-1
Automated Valves Outdoing Conventional Valves II-2
Competitive Analysis II-2
Global Market Overview II-2
Control Value - A Lucrative Segment II-3

2. Market Dynamics II-4
Technological Innovations to Drive Market Growth II-4
Offering Customized Products II-4
Product Development is the Order of the Day II-4
Flow Control Systems II-5
Integration of Control Valve with PAM Systems II-5

3. Industry Analysis II-6
e-Business Initiatives II-6
Industry Depends on Regulation and Standards II-6
Old Orange Standard II-6

4. Product Overview II-7
Major Industrial Valves and their Characteristics II-7
Standard Valve Products II-7
Globe and Check Valves II-7
Gate Valves II-8
Ball Valves II-8
Control Valves II-9
Table 1: Features Preferred in Control Valves (includes
corresponding Graph/Chart) II-9
Butterfly Valves II-9
Waterworks Valves II-10
Solenoid Valves II-10
Solenoid Operate Valves II-10
End-Use Markets II-10
Nuclear Valves II-10
Other Valves II-11
Plug Valves II-11
Quarterturn Valves II-11
Safety & Relief Valves II-11
Pinch & Diaphragm Valves II-11
Plumbing, Heating and Cooling Valves II-12
Steam Traps II-12
Regulator Valves II-12
Gas Cylinder Valves II-12

5. End-Use Market Analysis II-13
Chemical Industry II-13
Petroleum Refining II-13
Pulp & Paper Industry II-13
Water & Sewage Utilities II-13
Electric Power Generation II-13
Oil & Gas Transmission II-13
Petroleum Production II-14
Commercial Construction II-14

6. Technological Development II-15
Arburg’s Innovation in the Production of Water Manifold Check
Valves II-15

7. Product Innovations/Introductions II-16
ASCO Introduces NSF Approved Valves II-16
Parker Fluid Control Launches New 304 and 204 Series Solenoid
Valves II-16
Danfoss Introduces New Butterfly Valves II-16
Hydracon Introduces New Solenoid Valve II-16
EFD Launches Two New Valve Controllers II-17
Flowserve Launches New Worcester CPT Valve II-17
AKO Introduces VMP Pinch Valve Line II-17
Castell Iso-lok Launches New Ball Valve Lockout II-17
Dwyer Instruments Introduces ABFV Automated Butterfly Valves II-18
PBM Launches Sophisticated Sanitary Check Valve II-18
PSL Launches New Split Butterfly Valve II-18
GF Piping Systems Introduces Two New Butterfly Valves II-18
Civacon Launches VA2050 and VA1050 Emergency Valves II-19
Spartan Scientific Launches Novel Solenoid Valve, Series 3505 II-19
HAL Introduces New Subsurface Control II-19
Neway Introduces Dual Plate Check Valve: API 594 II-19
Humphrey Launches KFPV050 Series Proportional Control Valves II-19
Flowserve Introduces Foundation Fieldbus Digital Valve Positioner II-20
Alcon Introduces New EExd NAMUR Solenoid Valve II-20
Flow-Tek Offers New Ball Valve for Handling Liquefied Gases II-20
Midland-ACS Introduces DN5 Hydraulic Solenoid Valve II-20
Metso Automation Introduces New JAMESBURY G-Series Ball Valves II-20
Midland Introduces New Ball Valve Seats II-21
Humphrey Introduces New Valve Assembly II-21
Flowserve Introduces the ‘Flowserve Duroco BTV-2000’ Butterfly
Valve II-21
Humphrey Products Launches New “Spider” Valve II-21
Sporlan Introduces New Step Motor Expansion Valve II-22
Flowserve Launches L-75 Electrically Operated Valve Actuators II-22
Sporlan Valve Launches New Ball Valve Series II-22
Mueller Steam Specialty Introduces New Line of Products II-23
NIBCO Launches High-Performance Butterfly Valves II-23
Burkert-USA Introduces Flipper Solenoid Valves II-23
Sterling Hydraulics Rolls Out Hydraulic Cartridge Valves II-23
Humphrey Products Introduces Three & Four-Way Solenoid Valves II-23
Merill Manufacturing Unveils New Brass Ball Valve II-23
Mucon Unveils New Butterfly Valve Range II-24
Roberts Joins Forces with CEPEX to Offer PVC Butterfly Valves II-24
Control Components Develops New Type of Valve II-24
VHS Valves from Lee II-24
Clippard Instrument Laboratory Introduces Poppet Valves II-24
Valcor Scientific Introduces Three-Way Instrument Valves II-24
Delta Power Expands Cartridge Valves Series with Tecnord Valves II-25
IMI Norgren Introduces Mini-ISO Valves V44/V45 II-25
Plast-O-Matic Valves Launches Air-Operated Shutoff Valve II-25
HydraForce Launches Bi-directional Hydraulic Valves II-25
HydraForce Introduces New Valves for Hydrostatic Fan Drives II-25
HydraForce Enhances Features of Hydraulic Directional Valves II-25
Webster Instruments Launches FV Series Flow- Divider Valves II-26
Bi-directional Self-Leveling Hydraulic Valves from Delta Power II-26
Pioneer Valves Introduces Forged Gate and Globe Valves II-26
Xomox Introduces Stem Seal that Stops Ball Valve Leaks II-26
TPC Pneumatics Unveils New Valves II-26
Marwin Ball Valves Launches Metal-Seated Ball Valve II-26
Marwin Valve Unveils 3-Piece Heavy-Duty Ball Valve II-27
Victaulic Introduces Butterfly Valves II-27
Victualic Rolls Out New Generation Valves II-27
Lexair Expands Poppet Valves Series II-27
Alicat Scientific Launches Miniature Valve Actuator II-27
Johnson Controls Introduces Enhanced Version of VG1000 Series
Ball valves II-27
George Fischer Launches Type 343 Ball Valve II-28
Marwin Valve Introduces DM9000 Full-Bore Valve II-28
Burkert Contromatic Launches Modular Ball Valve System II-28
George Fisher Launches Type 110 Linear Control Ball Valve II-28
Lee Industries Unveils USDA-Approved Sanitary Ball Valves II-28

8. Recent Industry Activity II-29
Emerson Electric to Acquire Stratos International II-29
Alfa Lavel Acquires DSO Fluid Handling II-29
Curtiss-Wright Acquires Valve Systems and Controls II-29
Watts Expands Production Capacity of Ningbo Facility II-29
Dresser-Rand Acquires Gimpel Valves II-29
Metso Signs Agreement with CTJV II-30
Flowserve Bags Contract from Olkiluoto II-30
The Young Professionals Group Acquires Interest in Insamcor II-30
Industrial Opportunity Partners Acquires Honeywell’s Shelby
Manufacturing Unit II-30
Indutrade Acquires Axel Valves AB II-30
Eaton to Acquire Saturn Electronics and Engineering II-31
Lupatech Acquires Two Argentinean Ball Valve Manufacturing
Companies II-31
W&O Supply Acquires A-T Controls II-31
Kurimoto to Acquire Valve Business of Motoyama Engineering II-31
Flowserve Acquires MF Sealing Systems II-31
The Wadia Group Acquires Electomags Automotive Products II-32
Flowserve to Divest Three Small Production Units II-32
IMI Takes Over ABB KK II-32
Jersey Boilers Signs Agreement with Tyco Valves and Controls II-32
Norwegian Valve Technology to Function as AST’s Distribution
Agent II-32
Engineered Software Enters into Agreement with Crane Valve
North America II-33
Fouress Engineering Receives Contract from Public Utility
Board of Singapore II-33
International Motion Control Acquires Evolutionary Concepts II-33
Watts Acquires Changsha Valve Works II-33
Pentair to Acquire Majority Stake in Beijing Jieming II-33
Solberg & Andersen Bags Contract from Advanced Production and
Loading II-34
Emerson Bags Contract for the Installation of Fisher Control
Valves II-34
Festo to Establish Industrial Valves Production Lines II-34
Kitz to Expand Production of Butterfly Valve II-34
CIRCOR Acquires Hale Hamilton II-34
Mueller Water Products Acquires CCNE II-35
Red Man Pipe Acquires Bear Tubular II-35
Superior Wellhead, Nautilus and Gilmore Valve Combine to Form
Azura Energy II-35
Shumate Industries Signs Development Agreement with At Balance
Americas II-35
Bifold Acquires Marshalsea Hydraulics II-36
IMI Acquires Truflo II-36
Sontay Signs Distribution Agreement with Danfoss II-36
Tomoe Merges European Units, Tomoe Valve and Tomoe Tritec II-36
Cooper Cameron Acquires Valve Business of Dresser II-37
SPX Divests Three Valve Product Families to Watts II-37
Parker Acquires Herl II-37
Transmark International Acquires Distribution Businesses II-38
Velan Secures Contract from Pebble Bed Modular Reactor Test
Facility II-38
Mather and Platt Collaborates with VAG II-38
Cooper Cameron Acquires PCC Flow Technologies’ Valve Producing
Division II-38
Foundry Acquisition Group Acquires Lionheart Industries II-38
Colfax Buys Assets of Portland Valve II-38
Crane Acquires Valve Business of Hattersley Newman Hender II-39
Watts Water Technologies Increases Stake in Taizhou Shida
Plumbing Manufacturing II-39
Parker Hannifin Corporation Acquires Sporlan Valve II-39
Hayward Pool Products Acquires Goldline Controls II-39
Strahman Valves Acquisition of American Rubber & Metal Hose II-39
Watts Water Technologies Acquires 90% Stake in TEAM Precision
Pipe Work II-40
Watts Water Technologies Acquires McCoy Enterprises II-40
CIRCOR International Acquires Mallard Control II-40
Flowserve Acquires Thompsons Kelly & Lewis II-40
Crane Acquires PL Porter Controls II-40
Eastport Operating Partners Acquires Two Companies from Textron II-40
Strahman Valves Acquires MG Process Valves II-40
Barnes Group Acquires De Sta II-40
Flowserve Acquires Invensys’ Flow Control Division II-41
NIBCO Purchases Tolco II-41
ChevronTexaco and Emerson Enter into Supply Agreement II-41
Crane Acquires Emerson’s Valve Business II-41
Federal International Acquires 70% Stake in KVC (UK) II-42
Crane Acquires Industrial Flow Group of Alfa Laval Holding II-42
Kaydon Acquires ACE Controls and ACE Controls International II-42
Mc Junkin Acquires Automation & Control Specialists II-42

9. Focus on Select Global Players II-43
Crane Co. (USA) II-43
Barksdale Control Products (USA) II-43
Crane Process Flow Technologies GmbH (Germany) II-43
Xomox Corporation (USA) II-43
Emerson Electric Co. (USA) II-44
Flowserve Corporation (USA) II-44
Flowserve Essen GmbH (Germany) II-44
Halliburton Company (USA) II-45
KITZ Corporation (Japan) II-45
KSB AG (Germany) II-45
SPX Corporation (USA) II-45
The AVK Group (Denmark) II-45
Tyco International Ltd. (Bermuda) II-46
Velan, Incorporated (Canada) II-46
Watts Water Technologies, Inc. (USA) II-46

10. Global Market Perspective II-47
Table 2: World Recent Past, Current & Future Analysis for
Industrial Valves by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-47

Table 3: World Long-term Projections for Industrial Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-48

Table 4: World Historic Review for Industrial Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-49

Table 5: World 20-Year Perspective for Industrial Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-50

Table 6: World Recent Past, Current & Future Analysis for
Globe and Check Valves by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2001
through 2010 (includes corresponding Graph/Chart) II-51

Table 7: World Long-term Projections for Globe and Check
Valves by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-52

Table 8: World Historic Review for Globe and Check Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-53

Table 9: World 20-Year Perspective for Globe and Check Valves
by Geographic Region - Percentage Breakdown of Dollar Sales
for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East/Africa, and Latin American Markets for
Years 1991, 1997, 2007 & 2010 (includes corresponding
Graph/Chart) II-54

Table 10: World Recent Past, Current & Future Analysis for
Ball Valves by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-55

Table 11: World Long-term Projections for Ball Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-56

Table 12: World Historic Review for Ball Valves by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East/Africa, and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-57

Table 13: World 20-Year Perspective for Ball Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-58

Table 14: World Recent Past, Current & Future Analysis for
Control Valves by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-59

Table 15: World Long-term Projections for Control Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-60

Table 16: World Historic Review for Control Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-61

Table 17: World 20-Year Perspective for Control Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-62

Table 18: World Recent Past, Current & Future Analysis for
Butterfly Valves by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-63

Table 19: World Long-term Projections for Butterfly Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-64

Table 20: World Historic Review for Butterfly Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-65

Table 21: World 20-Year Perspective for Butterfly Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-66

Table 22: World Recent Past, Current & Future Analysis for
Waterworks Valves by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-67

Table 23: World Long-term Projections for Waterworks Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-68

Table 24: World Historic Review for Waterworks Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-69

Table 25: World 20-Year Perspective for Waterworks Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-70

Table 26: World Recent Past, Current & Future Analysis for
Solenoid Valves by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-71

Table 27: World Long-term Projections for Solenoid Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-72

Table 28: World Historic Review for Solenoid Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-73

Table 29: World 20-Year Perspective for Solenoid Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-74

Table 30: World Recent Past, Current & Future Analysis for
Nuclear Valves by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-75

Table 31: World Long-term Projections for Nuclear Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-76

Table 32: World Historic Review for Nuclear Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-77

Table 33: World 20-Year Perspective for Nuclear Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-78

Table 34: World Recent Past, Current & Future Analysis for
Other Valves by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2001 through 2010
(includes corresponding Graph/Chart) II-79

Table 35: World Long-term Projections for Other Valves by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) II-80

Table 36: World Historic Review for Other Valves by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East/Africa, and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-81

Table 37: World 20-Year Perspective for Other Valves by
Geographic Region - Percentage Breakdown of Dollar Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) II-82

Table 38: World Recent Past, Current & Future Analysis for
Industrial Valves in Chemical Industry by Geographic Region -
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) II-83

Table 39: World Long-term Projections for Industrial Valves in
Chemical Industry by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) II-84

Table 40: World Historic Review for Industrial Valves in
Chemical Industry by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) II-85

Table 41: World 20-Year Perspective for Industrial Valves in
Chemical Industry by Geographic Region - Percentage Breakdown
of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets for Years 1991, 1997, 2007 & 2010 (includes
corresponding Graph/Chart) II-86

Table 42: World Recent Past, Current & Future Analysis for
Industrial Valves in Petroleum Refining Industry by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East/Africa, and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) II-87

Table 43: World Long-term Projections for Industrial Valves in
Petroleum Refining Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-88

Table 44: World Historic Review for Industrial Valves in
Petroleum Refining Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 1991
through 2000 (includes corresponding Graph/Chart) II-89

Table 45: World 20-Year Perspective for Industrial Valves in
Petroleum Refining Industry by Geographic Region - Percentage
Breakdown of Dollar Sales for USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa, and Latin
American Markets for Years 1991, 1997, 2007 & 2010 (includes
corresponding Graph/Chart) II-90

Table 46: World Recent Past, Current & Future Analysis for
Industrial Valves in Pulp & Paper Industry by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East/Africa, and Latin American Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2001 through 2010 (includes corresponding
Graph/Chart) II-91

Table 47: World Long-term Projections for Industrial Valves in
Pulp & Paper Industry by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-92

Table 48: World Historic Review for Industrial Valves in Pulp
& Paper Industry by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 1991 through 2000
(includes corresponding Graph/Chart) II-93

Table 49: World 20-Year Perspective for Industrial Valves in
Pulp & Paper Industry by Geographic Region - Percentage
Breakdown of Dollar Sales for USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa, and Latin
American Markets for Years 1991, 1997, 2007 & 2010 (includes
corresponding Graph/Chart) II-94

Table 50: World Recent Past, Current & Future Analysis for
Industrial Valves in Water & Sewage Utilities Industry by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-95

Table 51: World Long-term Projections for Industrial Valves in
Water & Sewage Utilities Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-96

Table 52: World Historic Review for Industrial Valves in Water
& Sewage Utilities Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 1991
through 2000 (includes corresponding Graph/Chart) II-97

Table 53: World 20-Year Perspective for Industrial Valves in
Water & Sewage Utilities Industry by Geographic Region -
Percentage Breakdown of Dollar Sales for USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-98

Table 54: World Recent Past, Current & Future Analysis for
Industrial Valves in Electric Power Generation Industry by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-99

Table 55: World Long-term Projections for Industrial Valves in
Electric Power Generation Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-100

Table 56: World Historic Review for Industrial Valves in
Electric Power Generation Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 1991
through 2000 (includes corresponding Graph/Chart) II-101

Table 57: World 20-Year Perspective for Industrial Valves in
Electric Power Generation Industry by Geographic Region -
Percentage Breakdown of Dollar Sales for USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-102

Table 58: World Recent Past, Current & Future Analysis for
Industrial Valves in Oil & Gas Transmission Industry by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-103

Table 59: World Long-term Projections for Industrial Valves in
Oil & Gas Transmission Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-104

Table 60: World Historic Review for Industrial Valves in Oil &
Gas Transmission Industry by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 1991
through 2000 (includes corresponding Graph/Chart) II-105

Table 61: World 20-Year Perspective for Industrial Valves in
Oil & Gas Transmission Industry by Geographic Region -
Percentage Breakdown of Dollar Sales for USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-106

Table 62: World Recent Past, Current & Future Analysis for
Industrial Valves in Petroleum Production Industry by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-107

Table 63: World Long-term Projections for Industrial Valves in
Petroleum Production Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-108

Table 64: World Historic Review for Industrial Valves in
Petroleum Production Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 1991
through 2000 (includes corresponding Graph/Chart) II-109

Table 65: World 20-Year Perspective for Industrial Valves in
Petroleum Production Industry by Geographic Region -
Percentage Breakdown of Dollar Sales for USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-110

Table 66: World Recent Past, Current & Future Analysis for
Industrial Valves in Commercial Construction Industry by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) II-111

Table 67: World Long-term Projections for Industrial Valves in
Commercial Construction Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2011
through 2015 (includes corresponding Graph/Chart) II-112

Table 68: World Historic Review for Industrial Valves in
Commercial Construction Industry by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East/Africa, and Latin American Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 1991
through 2000 (includes corresponding Graph/Chart) II-113

Table 69: World 20-Year Perspective for Industrial Valves in
Commercial Construction Industry by Geographic Region -
Percentage Breakdown of Dollar Sales for USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-114

Table 70: World Recent Past, Current & Future Analysis for
Industrial Valves in Other Industries by Geographic Region -
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East/Africa, and Latin American Markets Independently
Analyzed with Annual Sales Figures in US$ Million for Years
2001 through 2010 (includes corresponding Graph/Chart) II-115

Table 71: World Long-term Projections for Industrial Valves in
Other Industries by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East/Africa,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2011 through 2015
(includes corresponding Graph/Chart) II-116

Table 72: World Historic Review for Industrial Valves in Other
Industries by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East/Africa, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-117

Table 73: World 20-Year Perspective for Industrial Valves in
Other Industries by Geographic Region - Percentage Breakdown
of Dollar Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East/Africa, and Latin American
Markets for Years 1991, 1997, 2007 & 2010 (includes
corresponding Graph/Chart) II-118


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Current & Future Analysis III-1
Market Overview III-1
Control Valves III-1
A Highly Fragmented Market III-2
Table 74: Leading Players in the US Industrial Valves
Market (2006): Percentage Breakdown of Value Sales for
Tyco International, Emerson Electric, SPX, Dresser,
Flowserve, Watts Water Technologies, and Others (includes
corresponding Graph/Chart) III-2
Import-Export Statistics III-2
Table 75: Industrial Valves Market in the US (2006):
Imports in US$ Million by Select Country - China, Mexico,
Japan, Germany, and Canada (includes corresponding
Graph/Chart) III-2

Table 76: Pressure Reducing Valves Market in the US
(2002-2006): Imports in US$ Million by Select Country -
Mexico, Germany, China, UK, Japan, Italy, Canada, Taiwan,
Hungary, and Switzerland (includes corresponding
Graph/Chart) III-3

Table 77: Check Valves Market in the US (2002-2006):
Imports in US$ Million by Select Country - China, Japan,
Canada, Germany, Taiwan, Italy, South Korea, UK, Mexico,
and France (includes corresponding Graph/Chart) III-3

Table 78: Pneumatic or Oleohydraulic Transmission Valves
Market in the US (2002-2006): Imports in US$ Million by
Select Country - Germany, Mexico, Japan, France, Italy, UK,
Belgium, Canada, Sweden, and Denmark (includes
corresponding Graph/Chart) III-4

Table 79: Safety/Relief Valves Market in the US
(2002-2006): Imports in US$ Million by Select Country -
Mexico, Canada, Taiwan, France, China, Germany, Japan, UK,
Italy, and Israel (includes corresponding Graph/Chart) III-4

Table 80: Industrial Valves Market in the US (2006):
Exports in US$ Million by Select Country - Canada, Mexico,
China, Japan, and UK (includes corresponding Graph/Chart) III-5

Table 81: Pressure Reducing Valves Market in the US
(2002-2006): Exports in US$ Million by Select Country -
Canada, UK, China, Mexico, Germany, Japan, Singapore,
Australia, South Korea, and Israel (includes corresponding
Graph/Chart) III-5

Table 82: Check Valves Market in the US (2002-2006):
Exports in US$ Million by Select Country - Canada, Mexico,
China, UK, Germany, Australia, South Korea, Japan,
Singapore, and Netherlands (includes corresponding
Graph/Chart) III-6

Table 83: Pneumatic or Oleohydraulic Transmission Valves
Market in the US (2002-2006): Exports in US$ Million by
Select Country - Canada, Mexico, Germany, Brazil, UK,
China, Australia, Japan, Belgium, and Singapore (includes
corresponding Graph/Chart) III-6

Table 84: Safety/Relief Valves Market in the US
(2002-2006): Exports in US$ Million by Select Country -
Canada, Mexico, China, UK, Singapore, South Korea, Germany,
Saudi Arabia, Venezuela, and Qatar (includes corresponding
Graph/Chart) III-7
Product Launches/Developments III-7
Strategic Corporate Developments III-15
Key Players III-22
Crane Co. III-22
Barksdale Control Products III-22
Xomox Corporation III-23
Emerson Electric Co. III-23
Flowserve Corporation III-23
Halliburton Company III-24
NIBCO, Inc. III-24
SPX Corporation III-24
Tyco International Ltd. III-24
Watts Water Technologies, Inc. III-25
B.Market Analytics III-25
Table 85: US Recent Past, Current & Future Analysis for
Industrial Valves by Product Segment - Globe and Check
Valves, Ball Valves, Control Valves, Butterfly Valves,
Waterworks Valves, Solenoid Valves, Nuclear Valves and
Miscellaneous Valve Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart) III-25

Table 86: US Long-term Projections for Industrial Valves by
Product Segment - Globe and Check Valves, Ball Valves,
Control Valves, Butterfly Valves, Waterworks Valves,
Solenoid Valves, Nuclear Valves and Miscellaneous Valve
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-26

Table 87: US Historic Review for Industrial Valves by
Product Segment - Globe and Check Valves, Ball Valves,
Control Valves, Butterfly Valves, Waterworks Valves,
Solenoid Valves, Nuclear Valves and Miscellaneous Valve
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) III-27

Table 88: US Recent Past, Current & Future Analysis for
Industrial Valves by End-Use Segment - Chemical Industry,
Petroleum Refining, Pulp and Paper Industry, Water and
Sewage Utilities, Electric Power Generation, Oil and Gas
Transmission, Petroleum Production, Commercial Construction
and Other Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-28

Table 89: US Long-term Projections for Industrial Valves by
End-Use Segment - Chemical Industry, Petroleum Refining,
Pulp and Paper Industry, Water and Sewage Utilities,
Electric Power Generation, Oil and Gas Transmission,
Petroleum Production, Commercial Construction and Other
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-29

Table 90: US Historic Review for Industrial Valves by
End-Use Segment - Chemical Industry, Petroleum Refining,
Pulp and Paper Industry, Water and Sewage Utilities,
Electric Power Generation, Oil and Gas Transmission,
Petroleum Production, Commercial Construction and Other
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) III-30

Table 91: US 20-Year Perspective for Industrial Valves by
Product Segment - Percentage Breakdown of Dollar Sales for
Globe and Check Valves, Ball Valves, Control Valves,
Butterfly Valves, Waterworks Valves, Solenoid Valves,
Nuclear Valves and Miscellaneous Valve Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) III-31

Table 92: US 20-Year Perspective for Industrial Valves by
End-Use Segment - Percentage Breakdown of Dollar Sales for
Chemical Industry, Petroleum Refining, Pulp and Paper
Industry, Water and Sewage Utilities, Electric Power
Generation, Oil and Gas Transmission, Petroleum Production,
Commercial Construction and Other Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) III-32

2. Canada III-33
A.Market Analysis III-33
Current & Future Analysis III-33
Import-Export Statistics III-33
Table 93: Pneumatic or Oleohydraulic Transmission Valves
Market in Canada (2002-2006): Imports in US$ ‘000 by Select
Country - USA, Germany, Italy, Japan, Mexico, France, UK,
Sweden, China, and Re-Imports (Canada) (includes
corresponding Graph/Chart) III-33

Table 94: Check Valves Market in Canada (2002-2006):
Imports in US$ ‘000 by Select Country - USA, South Korea,
China, Italy, Germany, Japan, Taiwan, Mexico, France, and
India (includes corresponding Graph/Chart) III-34

Table 95: Pressure Reducing Valves Market in Canada
(2002-2006): Imports in US$ ‘000 by Select Country - USA,
Mexico, Germany, Italy, China, UK, Japan, France, Sweden,
and Taiwan (includes corresponding Graph/Chart) III-34

Table 96: Safety Valves Market in Canada (2002-2006):
Imports in US$ ‘000 by Select Country - USA, China, Mexico,
Germany, Japan, Italy, UK, France, Taiwan, and Re-Imports
(Canada) (includes corresponding Graph/Chart) III-35

Table 97: Pneumatic or Oleohydraulic Transmission Valves
Market in Canada (2002-2006): Exports in US$ ‘000 by Select
Country - USA, Germany, South Africa, UK, Cuba, China,
Chile, Romania, France, and Thailand III-35

Table 98: Check Valves Market in Canada (2002-2006):
Exports in US$ ‘000 by Select Country - USA, China,
Singapore, UAE, Australia, Indonesia, UK, Saudi Arabia,
Taiwan, and Kazakhstan (includes corresponding Graph/Chart) III-36

Table 99: Pressure Reducing Valves Market in Canada
(2002-2006): Exports in US$ ‘000 by Select Country - USA,
Russia, Yemen, UK, Romania, Italy, Chile, Libya, China, and
France III-36

Table 100: Safety Valves Market in Canada (2002-2006):
Exports in US$ ‘000 by Select Country - USA, Romania, UK,
Australia, Russia, UAE, Venezuela, Norway, Singapore, and
Kuwait (includes corresponding Graph/Chart) III-37
Key Player III-37
Velan, Incorporated III-37
B.Market Analytics III-38
Table 101: Canadian Recent Past, Current & Future Analysis
for Industrial Valves by Product Segment - Globe and Check
Valves, Ball Valves, Control Valves, Butterfly Valves,
Waterworks Valves, Solenoid Valves, Nuclear Valves and
Miscellaneous Valve Markets Independently Analyzed with
Annual Sales Figures in US$ Million for Years 2001 through
2010 (includes corresponding Graph/Chart) III-38

Table 102: Canadian Long-term Projections for Industrial
Valves by Product Segment - Globe and Check Valves, Ball
Valves, Control Valves, Butterfly Valves, Waterworks Valves,
Solenoid Valves, Nuclear Valves and Miscellaneous Valve
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2011 through 2015 (includes
corresponding Graph/Chart) III-39

Table 103: Canadian Historic Review for Industrial Valves by
Product Segment - Globe and Check Valves, Ball Valves,
Control Valves, Butterfly Valves, Waterworks Valves,
Solenoid Valves, Nuclear Valves and Miscellaneous Valve
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 1991 through 2000 (includes
corresponding Graph/Chart) III-40

Table 104: Canadian Recent Past, Current & Future Analysis
for Industrial Valves by End-Use Segment - Chemical
Industry, Petroleum Refining, Pulp and Paper Industry, Water
and Sewage Utilities, Electric Power Generation, Oil and Gas
Transmission, Petroleum Production, Commercial Construction
and Other Markets Independently Analyzed with Annual Sales
Figures in US$ Million for Years 2001 through 2010 (includes
corresponding Graph/Chart) III-41

Table 105: Canadian Long-term Projections for Industrial
Valves by End-Use Segment - Chemical Industry, Petroleum
Refining, Pulp and Paper Industry, Water and Sewage
Uti