Double block and bleed valves are used to achieve positive isolation when performing maintenance activities in a live process plant. Typically two block valves and a bleed valve are manufactured as a single assembly and this double block and bleed valve manifold can be readily installed for isolation purpose. Double block and bleed valves are usually used for critical process service, such as high pressure system or toxic, hydrocarbon or hazardous process fluids. For non-critical service, single block and bleed valve assemblies must be used.
The market is driven by various end-user industries, such as oil & gas, chemical industry, power industry and so on. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas? company prefers investing to underdevelopment regions these years.

The industry is relatively fragmented with players such as Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin, Swagelok, Hy-Lok, DK-Lok, Haskel, Alco Valves (Graco), Sabre Group, Western Valve, PBM Valve, Control Seal, Colson and so on.

Today's industry pays close attention to the process of selecting valves. Wrong selection can result in lost production time, high maintenance costs and, in some cases, environmental pollution. In many cases, the industry requires double tight shut-off valves with upstream and downstream sealing.

The leading companies own the advantages on better performance, more abundant product?s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to- (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions? unfair methods of competition.

Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.


According to this study, over the next five years the Double Block and Bleed Valves market will register a 2.9% CAGR in terms of revenue, the global market size will reach USD 460 million by 2024, from USD 390 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Double Block and Bleed Valves business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Double Block and Bleed Valves market by product type, application, key manufacturers and key regions and countries.

This study considers the Double Block and Bleed Valves value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Full Bore
Reduced Bore
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Oil & Gas
Chemical Industry
Power Industry
Others

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Cameron
CIRCOR
Bonney Forge
AS-Schneider
Oliver Valves
Valbart (Flowserve)
L&T Valves
Parker Hannifin
Swagelok
Hy-Lok
DK-Lok
Haskel
Alco Valves (Graco)
Sabre Group
Western Valve
PBM Valve
Control Seal
Colson

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Double Block and Bleed Valves consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Double Block and Bleed Valves market by identifying its various subsegments.
Focuses on the key global Double Block and Bleed Valves manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Double Block and Bleed Valves with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Double Block and Bleed Valves submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.