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Advancements in Bulk Material Handling Technologies and Systems to Aid Market Growth

Solid flow rate valve control is extensively being used across a host of industrial sectors, including food & beverage, chemicals, additive manufacturing, water treatment, animal feed, and mining. The growth of the global solid flow rate valve control market is expected to be primarily driven by the increasing demand from the building & construction sector, particularly from developing regions. Over the past few decades, players operating in the global solid flow rate valve control market have made considerable efforts to improve product quality and improve their market position.

Research and development activities have gained traction in recent years due to the stiff market competition. Advancements made in bulk handling and material handling technology are expected to propel the global solid flow rate valve control market. The evolving material handling landscape is likely to have a strong impact on the overall growth of the global solid flow rate valve control market during the forecast period. Consistent advancements in technology and increasing demand for optimum material handling equipment are anticipated to positively influence the market for solid flow rate valve control during the assessment period.

At the back of these factors, along with the growing emphasis on streamlining the flow of bulk materials across various industries, the global solid flow rate valve control market is on course to surpass the US$ 2.2 Bn mark by the end of 2030.

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Increasing Adoption to Measure Flow Rate of Solid Bulk Materials to Boost Market Growth

The demand for solid flow rate valve controls is projected to witness an upward growth in the upcoming months due to importance of measuring and evaluating the flow rate of solid materials in various industrial sectors. Flow measurement is a critical area in the bulk material handling space due to which, the demand for solid flow rate valve control is anticipated to remain high during the assessment period. The increasing usage of solid flow rate valve control across the food & beverage and the chemical industries coupled with the booming construction sector in developing regions are primary factors expected to boost the global solid flow rate valve control market during the assessment period.

The increasing demand for the flow metering technology is expected to impact the demand for solid flow rate valve control in the upcoming years. Moreover, progress made related to the development of the digital flow metering technology is another factor that is likely to influence the growth of the market for solid flow rate valve control in the upcoming years. The increasing usage of solid flow rate valve control to regulate the flow of materials from chutes, silos, bins, and hoppers is expected to have a positive impact on the production of solid flow rate valve control during the assessment period. The increasing demand for bulk solid handling systems is anticipated to have a direct impact on the demand for solid flow rate valve control. This factor is projected to propel the solid flow rate valve control market during the assessment period. Market players are focusing on offering customized solid flow rate valve control in line with applications of the customer to gain a competitive edge in the current solid flow rate valve control market landscape.

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Supply Chain Barriers to Hinder Market Growth amid COVID-19 Pandemic

The outbreak of the COVID-19 pandemic is expected to have a strong impact on the overall growth of the global solid flow rate valve control market in 2020. The significant decline in the number of construction projects around the world due to the COVID-19 crisis has led to a notable decline in the demand for solid flow rate valve control in 2020– a factor that is likely to hinder market growth. Furthermore, due to restrictions on transportation and trade, a number of challenges related to the supply chain has contributed to the sluggish growth of the market for solid flow rate valve control in 2020.

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Analysts’ Viewpoint

The global solid flow rate valve control market is expected to expand at a healthy CAGR of 4.5% during the forecast period. The market growth is primarily driven by the surge in the demand for solid flow rate valve control from the construction industry, major developments in material handling technologies and systems, and emphasis on improving the product quality. Market players should focus on identifying potential areas of application in various industries and research activities to strengthen their foothold in the current solid flow rate valve control market landscape. Market players should focus on investments in new technologies, product development, and design to gain a competitive edge.

Solid Flow Rate Valve Control Market: Overview

  • According to Transparency Market Research’s latest research report on the global solid flow rate valve control market for the historical period 2018–2019 and the forecast period 2020–2030, rising usage of solid flow rate valve control in chemical and food & beverage sectors and rapid expansion of the building & construction sector are key factors that are expected to boost the global solid flow rate valve control market during the forecast period
  • In terms of revenue, the global solid flow rate valve control market was valued over US$ 1.4 Bn in 2019 and is expected to cross US$ 2.2 Bn by 2030, expanding at a CAGR of 4.5% during the forecast period

Increase in Demand from Building & Construction Sector for Solid Flow Rate Valve Control Market: Key Drivers

  • Solid flow rate valve control, also referred to as bulk solids valves control, or bulk material valves controls, is employed to shut-off dry, free-flowing bulk materials. The type of product, task assignment, and process layout determines the type of valve can take the form of either full housing-type or low-height slide gate valves, with either casted or welded construction, with round or rectangular flanges, with manual, pneumatic, hydraulic or motorized actuation.
  • Solid flow rate valve control is used to control material flow from bins, hoppers, chutes, silos, and long downspouts. The self-cleaning rack and pinion design makes this ideal for bulk material applications where positive shut-off is required through a standing column of material.
  • Solid flow rate valve is best suited for building and construction applications, wherein bulk concrete mixture is to be transported to the concrete casting and concrete slab area. The world is witnessing an era of development in terms of infrastructure, etc. that is a basic need to grow the economic power of the country to stand among other competing countries.

Applications of Solid Flow Rate Valve Control

  • Solid flow rate control valves are essential components in bulk solid handling systems. They are used to shut off flows, adjust flow speeds, and change conveying directions of powders, pellets, and granular bulk materials. During processing of bulk solids, material flow is controlled in different locations. In gravity discharge applications, flow control valves are generally installed at the outlet of dry bulk storage bins, silos, hoppers, chutes, mechanical conveyors, or any similar points. Flow control valves are utilized to allow or prevent bulk material discharge. Designing valves for bulk solid handling processes requires technical know-how and expertise.
  • Solid flow rate control valves help food & beverage manufacturers achieve consistency in quality, appearance, taste, texture, stability, and shelf-life of products for consumers. They also help maximize yields, improve process efficiency, and minimize production waste. Discharge rates need to be regulated in a controlled manner in order to prevent clogging. The processing of food material often requires a steady flow of material, and the solid flow rate valve control helps smoothly discharge powders or granules from silos, bulk bags, hoppers, etc., to the processing area.

Solid Flow Rate Valve Control Market: Competition Landscape

  • Detailed profiles of providers of solid flow rate valve control have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
  • Prominent key players operating in the solid flow rate valve control market are
    • Polimak Grup Endüstriyel Üretim San. A.Ş.
    • Parker Hannifin Corporation
    • Schenck Process India Private Ltd
    • Salina Vortex Corporation
    • Coperion GmbH
    • WAMGROUP S.p.A.
    • DMN-WESTINGHOUSE
    • GEA Group Aktiengesellschaft
    • Palamatic Process
    • TBMA
    • XP Power

Solid Flow Rate Valve Control Market: Key Developments

  • Key manufacturers such as Polimak Grup Endüstriyel Üretim San. A.Ş., Parker Hannifin Corporation and Schenck Process India Private Ltd, are adopting various organic and inorganic growth strategies to expand business operations. Some key developments in the global solid flow rate valve control market have been highlighted below:
  • On October 29, 2019, WAMGROUP participated in China's leading "one-stop-shop" exhibition for powder and bulk solids in Shanghai. WAMGROUP’s team of specialists presented some of the powder and granular material handling equipment, taking the opportunity to meet both long-standing and new customers
  • In 2017, Palamatic Process announced the opening of its subsidiary Palamatic Process Inc., in Philadelphia, U.S. Inauguration of the new facility is expected to strengthen the company’s presence in the U.S
  • In the global solid flow rate valve control market report, we have discussed individual strategies, followed by company profiles of providers of solid flow rate valves. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global solid flow rate valve control market.

Solid Flow Rate Valve Control Market – Scope of the Report

The latest study collated and published by Transparency Market Research (TMR) analyzes the historical and present-day scenario of the global solid flow rate valve control market to accurately gauge its future development. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for expansion of the global solid flow rate valve control market to identify opportunistic avenues of the business potential for stakeholders. The report also provides insightful information about how the global solid flow rate valve control market is expected to progress during the forecast period of 2020 to 2030.

The report offers intricate dynamics about the different aspects of the global solid flow rate valve control market that aids companies operating in the market in making strategic development decisions. TMR’s study also elaborates on significant changes that are highly anticipated to configure the growth of the global solid flow rate valve control market during the forecast period. It also includes key indicator assessment to highlight the growth prospects of the global solid flow rate valve control market, and estimate statistics related to the market progress in terms of value (US$ Mn).

This study covers a detailed segmentation of the global solid flow rate valve control market, along with key information and a competitive outlook. The report mentions company profiles of key players that are currently dominating the global solid flow rate valve control market, wherein various developments, expansions, and winning strategies practiced and executed by leading players have been presented in detail.

Key Questions Answered in TMR’s Report on Solid Flow Rate Valve Control Market

The report provides detailed information about the solid flow rate valve control market on the basis of comprehensive research on various factors that are playing a key role in accelerating the growth of the market. Information mentioned in the report answers path-breaking questions for companies that are currently functioning in the market and are looking for innovative ways to create a unique benchmark in the solid flow rate valve control market so as to help them make successful strategies and target-driven decisions.

Key Queries Addressed in the Report

• Which type valve material of solid flow rate valve control market will emerge as the leading revenue generator for the market during the forecast period?

• How are key market players successfully earning revenue in the competitive solid flow rate valve control market?

• What will be the Y-o-Y growth of the solid flow rate valve control market between 2020 and 2030?

• What are the winning imperatives of market frontrunners in the solid flow rate valve control market?

• Which end-use industries are expected to have maximum potential for solid flow rate valve control during the forecast period?

Research Methodology – Solid Flow Rate Valve Control Market

The research methodology adopted by analysts for combining the global solid flow rate valve control market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the industry-affiliated information obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the global solid flow rate valve control market.

During the primary research phase, analysts interviewed industry stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through the interviews of genuine resources, analysts emphasized on the changing scenario of the global solid flow rate valve control market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, industry association publications, and company websites to obtain the necessary understanding of the global solid flow rate valve control market.

Solid Flow Rate Valve Control Market – Segmentation

TMR’s research study assesses the solid flow rate valve control market on the basis of valve material, end-use industry, and region. This report presents extensive market dynamics and progressive trends associated with different segments, and how they are influencing the growth prospects of the global solid flow rate valve control market.

Valve Material

  • Ferrous
  • Non-ferrous
  • Others

End-use Industry

  • Food & Beverages
  • Additive Manufacturing
  • Chemicals
  • Building & Construction
  • Water & Wastewater Treatment
  • Animal Feed
  • Others (Glass Industry, Mining, etc.)

Region

  • Southeast Asia

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Solid Flow Rate Valve Control Market

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