Niharika VyasGate valves are an integral part of the above and underground installations and are used across all the sectors of the oil and gas industry. With the increase in the exploration activities, the demand for gate valves has also increased. Owing to the rise in demand and numerous areas of application, gate valve manufacturing has crept up significantly. The manufacturing companies are using innovative techniques to keep up with the pace of demand and thus, helping the valve industry climb the growth ladder.
Future Market For The Gate Valve Suppliers and Manufacturers
During the 2014 price turmoil, the production fell steeply and the industry stumbled upon the decreasing prices which led to the decline in the industrial valve market. But now, the industrial valve market is expected to grow in the near future supported by the upsurge in the oil and gas exploration activities. The projected growth of the market is more than 6% during the period 2019-2023 by over USD 5 billion. The gate valve segment holds a substantial market share in this sector which is good news for the gate valve suppliers and manufacturers.
Key drivers of Gate Valve Market
The gate valve manufacturing companies and suppliers are largely affected by the market conditions and changing scenarios of demand and supply. After overcoming the setback of 2014, many upstream oil and gas projects have been commenced again with the recovery of prices from 2017. This has directly impacted the business of gate valve manufacturing companies making the latest technological advancements and rise in exploration activities the key drivers of the market.
The recent advancements in the gate valve technology have supported the gate valve manufacturing companies to bring more efficiency in their business. The valve components have been enhanced in order to withstand hostile working applications of the industry in all the three sectors. For example, the actuators which control the flow of mass and energy by regulating the valves have seen major improvements in the near past. The gate valve manufacturers have started integrating sensors and electronic components with the actuators which improve data capturing and monitoring capabilities. This is just an example but there have been hundreds of innovations in this field which have led to the growth of this segment.
All of this has created an ecosystem for gate valve manufacturing companies, suppliers and buyers that will bring them together and help them work efficiently. This also means that now, there will be many more new manufacturers in the industry trying to tap into better business opportunities.
Gate Valve Manufacturers List
There are many companies which are manufacturing gate valve and serving the industry globally. A few leading names are mentioned below:
It is one of the leading gate valve manufacturing company which has a major market share in India. It is spread across over 20 countries and has more than 800 installations. The gate valves provided by Fluidchem mainly have three types of construction, Rising Spindle, Outside Screw & Yoke. This gate valve manufacturing company manufactures valves according to API 600 / BS 1414 standards. The production range of the valves are:
Size: 25mm to 600mm- Class: 150#
Size: 50mm to 400mm- Class: 300#
Size: 50mm to 250mm- Class: 600#
Apart from the gate valve manufacturing, Fluidchem also provides repairing facilities of industrial valves.
Fbv is an industrial valve manufacturing company and is ISO 9001 certified. The company is a manufacturer of cast gate valves which have a flexible gate, renewable seat, rising stem and non-rising hand wheel. The cast gate valve also has flexible wedge by default. Fbv manufactures valves according to API 600, ASME B16.34, and MSS SP- 144 standards. The design features of the gate valve provided by the company are:
- Design & manufacture according to API 600, API 603, ASME B16.34
- Face-to-face according to ASME B16.10
- End Connection according to ASME B16.5
- Test & inspection according to API 598
Fluidline Valve is a gate valve manufacturing company which was incorporated in 1973. Its designs are compliant with API Spec Q1./ API 6D and certified by ISO 9001:2000. The gate valve designed by the company can withstand high pressure and high temperature for a wide range of fluids. The specification of the gate valve provided by this gate valve manufacturing company are:
Temperature range: -100°C to 800°C
Pressure Rating: Vacuum up to 621 BAR
End to End Dimension: ANSI B 16.10/ DIN 3230
Inspection Std.: API 598/ BS 6755
Ends: Flanged/ Buttweld
Worldwide Oilfield Machine is a Houston based company which was established in 1980. From the past 35 years, the company is providing high-quality products which are reliable and technologically advance. WOM provides various types of gate valves which are mentioned below:
- Magnum Gate Valve
- Model 200M Gate Valve
- Model 600 Mud Valve
- Magnum Mud Gate Valve
- Magnum Line Pressure Operated Surface Safety Gate Valve
- Model 500 Gate Valve
These wide ranges of valves offered by the gate valve manufacturing company can be used in almost any kind of environment and are highly reliable.
Amco Industrial Valves is one of the leading gate valve manufacturing company which also offers a wide spectrum of industrial valves. It was established in 1986 and since then, it is trying to bring innovative technologies through its years of experience in the industry. The wide range of gate valves provided by the company can be deployed for almost all the purpose in all the sectors of the oil and gas industry. Through all these years, the company has built a trust which has successfully helped him to have a strong client base.
These are just a few major companies which have been in the industry from over a decade now. But with the industry shifting towards digitization, even the most experienced ones, like them will also have to build a strong online presence in order to do business and grow.
Why Gate Valve Manufacturing Companies Need an Online B2B Platform?
The conventional system of business has pulled down the growth rate and market insights indicate that these methods are leading the companies towards a major revenue setback.
This is the reason why now the manufacturers in the industry are seeking better business experience and demand a shift to modern technological processes.
The growing need of doing business online is bringing a shift in how the online B2B platforms were perceived till date. With the gradual drift of focus towards long-term growth strategy, oil and gas B2B companies are channelising their resources towards successful online business strategies which bring in light the dire need of an online B2B platform. All the manufacturers including gate valve manufacturing companies now have an opportunity to increase their revenue and find new customers online through these platforms. Most importantly, an online B2B platform for doing business eliminates all barriers and limitations of geography and culture.
Energy Dias: Fastest Growing B2B Platform for O&G
Today most of the business happens online, and Energy Dais has emerged as one of the fastest growing online B2B platforms for the oil and gas industry. It is helping the manufacturers, and even buyers and suppliers to bring efficiency in their system. It is creating a collaborative platform for the industry by bringing manufacturers, buyers and suppliers on a single platform and helping them work together. Be it Small, Medium or Large Scale Business, they all can benefit from Energy Dais.
Over a period of time, the gate valve manufacturing companies, which have a large target audience, have struggled with visibility and the right audience. But, with the industry shifting towards digitization, it has given the gate valve manufacturing companies an opportunity to increase the business efficiency. And, Energy Dain can help them in the following ways:
- Manufacturers and service providers can showcase their products and services, and all the details of their company with the help of a mini website which we call a dedicated Company Page.
- It is the largest online oil and gas directory with 20,000+ companies in various categories of the world. Our Category Pages feature 100+ products and services covering all sectors and streams of the industry. Manufacturers & Service Providers can have Priority Listing in our Category Pages, which will enhance their visibility on a global scale and help them get verified business leads.
- New Customers & New Vendors
Energy Dais helps you reach new customers. It helps in bringing more buyers by creating a strong online presence of your company. Targeted marketing strategies are employed to spread awareness around your products and services, ensuring that you are connected to the right business partners at the right time.
- Improved Customer Experience
Customer experience is the priority in order to compete in the industry and B2B sellers need to focus on this aspect. Energy Dais aims at providing better customer experience by helping the buyers find products or services across the industry, compare pricing, and submit RFQs in the simplest and fastest manner.
Towards Industry 4.0
The whole industry is focusing on a bigger goal, which is Industry 4.0 where B2B platforms have become an urgent requirement for everyone. Meanwhile, as mentioned above, the reports have shown the scope of future growth in the gate valve market which requires the gate valve manufacturing companies to focus on strengthening their online presence and creating brand awareness. With so many gate valve manufacturers, suppliers and buyers on a single platform, it will create a collaborative environment and improve the efficiency of the complete value chain. This will make it interesting to watch how the gate valve industry adapts with the changes taking place in the basic business model.
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