World - Taps, Cocks, Valves And Similar Appliances - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Taps, Cocks, Valves And Similar Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Tap and valve market

Tap and valve market: get access to newly released statistics empowered by an Ai-driven market research tool. Information provide trade, production, market size, consumption, market prices, imports, companies, and exports. Here is a breakdown by region, including the U.S., the Middle East, Latin America, EU, Russia, the U.K., China, and Africa. Market trends and forecast to 2030 are also provided in the reports.

Tap and Valve - World's Largest Markets

RatingCountry
1United States
2Germany
3Italy
4China
5Japan

In value terms, the United States, Germany and Italy constituted the countries with the highest levels of market value in 2020, with a combined 32% share of the global market.

In terms of the main consuming countries, Italy (+102.5% per year) saw the highest growth rate of market size, over the period under review, while tap and valve market for the other global leaders experienced more modest paces of growth.

Tap And Valve Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China5.84.93.7-19.8%
Spain9.79.98.6-5.8%
Poland121311-5.7%
South Korea151012-9.5%
France201918-6.2%
Mexico1614185.6%
United Kingdom232122-1.8%
Japan241723-2.7%
Germany2020237.7%
United States252524-3.2%
Average131210-11.7%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($24 per unit), while China ($3.7 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China282420-16.1%
United States10141522.0%
South Korea161215-4.0%
Japan181214-12.6%
France1313131.7%
Canada9.7101313.4%
Germany131112-0.8%
United Kingdom141312-6.1%
Poland111110-2.4%
Spain9.89.79.7-0.6%
United Arab Emirates9.48.99.50.4%
Russia6.76.871.8%
Nigeria6.86.64.7-16.9%
Average1212121.7%

Prices varied noticeably by the country of destination; the country with the highest price was China ($20 per unit), while Nigeria ($4.7 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Tap and Valve - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States131210-11.6%
China667.511.8%
Germany5.55.24.8-6.9%
France2.82.62.7-2.6%
Canada32.62.5-8.2%

In value terms, the United States ($10B), China ($7.5B) and Germany ($4.8B) were the countries with the highest levels of imports in 2020, with a combined 32% share of global imports. France, Canada, the UK, Russia, South Korea, Japan, the United Arab Emirates, Poland, Spain and Nigeria lagged somewhat behind, together accounting for a further 26%.

In terms of the main importing countries, Nigeria (+96.4% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Tap and Valve - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China1212122.6%
Germany111010-1.2%
United States109.68.5-8.2%
Japan54.53.8-12.6%
United Kingdom2.62.62.3-5.7%

In value terms, the largest tap and valve supplying countries worldwide were China ($12.5B), Germany ($10.4B) and the United States ($8.5B), with a combined 50% share of global exports.

China recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Tap and Valve - Market Forecast

Driven by increasing demand for tap and valve worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Tap and Valve - Top Companies

Pentair, Inc., Crane Co., Curtiss-Wright Corporation, Rexnord Corporation, Dresser, LLC, Watts Water Technologies, Inc., Fisher Controls International LLC, Crane International Holdings, Inc., KITZ CORPORATION, American Cast Iron Pipe Company, McWane, Inc., Mueller Water Products, Inc., FUJIKIN INCORPORATED, Kaman Industrial Technologies Corporation, Tianjin Liande Tian'ou Electromechanical Co., Ltd., Eriks Na, LLC, Circor International, Inc., GE Oil & Gas Pressure Control LP, McC Holdings, Inc., Crane Aerospace, Inc.

Tap and Valve - Product Coverage

  • HS 848110 - Valves; pressure reducing, for pipes, boiler shells, tanks, vats or the like
  • HS 848120 - Valves; for oleohydraulic or pneumatic transmissions
  • HS 848130 - Valves; check valves, for pipes, boiler shells, tanks, vats or the like
  • HS 848140 - Valves; safety or relief valves, for pipes, boiler shells, tanks, vats or the like
  • HS 848180 - Taps, cocks, valves and similar appliances; for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global tap and valve market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28121420 - Pneumatic filters, regulators and lubricators
  • Prodcom 28121450 - Valves for the control of oleohydraulic power transmission for pipes, boiler shells, tanks, vats and the like
  • Prodcom 28121480 - Valves for the control of pneumatic power transmission for pipes, boiler shells, tanks, vats and the like
  • Prodcom 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
  • Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)
  • Prodcom 28141160 - Check valves for pipes, boiler shells, tanks, vats and the like
  • Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
  • Prodcom 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
  • Prodcom 28141233 - Mixing valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check valves, s afety/relief valves
  • Prodcom 28141235 - Taps, cocks and valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressurereducing/ oleohydraulic transmissions, check, safety, relief and mixing valves
  • Prodcom 28141253 - Central heating radiator thermostatic valves
  • Prodcom 28141255 - Central heating radiator valves, other
  • Prodcom 28141313 - Other process control valves, temperature regulators
  • Prodcom 28141315 - Process control valves for pipes, boiler shells, tanks etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check, s afety/relief valves, temp. regulators
  • Prodcom 28141333 - Other gate valves, of cast iron
  • Prodcom 28141335 - Other gate valves, of steel
  • Prodcom 28141337 - Other gate valves, other
  • Prodcom 28141353 - Globe valves, of cast iron
  • Prodcom 28141355 - Globe valves, of steel
  • Prodcom 28141357 - Other globe valves
  • Prodcom 28141373 - Ball and plug valves
  • Prodcom 28141375 - Butterfly valves
  • Prodcom 28141377 - Diaphragm valves
  • Prodcom 28141380 - Other appliances

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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