India Instrumentation Valves and Fitting Market (2022-2028) | Size, Forecast, share, Growth, Revenue, Trends, industry, Outlook & COVID-19 IMPACT

Market Forecast By Valve Types (Needle ValvesManifold Valves, Ball Valves, Check Valves, Diaphragm Valves, Other Valves), By Fitting Types (Pipe FittingTube FittingWeld FittingBiopharm FittingHose FittingOther Fitting), By Regions (Northern Region, Southern Region, Eastern Region, Western RegionAnd Competitive Landscape

Product Code: ETC215836 Publication Date: Aug 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 79 No. of Figures: 30 No. of Tables: 3

India Instrumentation Valves and Fittings (CNG Industry) Market report thoroughly covers market by valve types, fitting types, and regions. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

India Instrumentation Valves and Fittings (CNG Industry) Market Synopsis

India instrumentation Valves and Fittings (CNG Industry) market was growing significantly before 2020 on account of government increased in expenditure on infrastructure development activities such as expansion national gas grid and city gas distribution. However, the market saw a sharp decline in 2020 due to the COVID-19 pandemic which resulted in the delay of many large-scale infrastructure development projects, thereby negatively affecting the demand for instrumentation valves and fittings. However, government’s aim to diversify the India’s energy basket and higher adoption of natural gas to make India self-reliant to become less dependent on other countries for India’s oil and gas requirements would drive the instrumentation valves and fittings market in India. 

India Instrumentation Valves and Fittings (CNG Industry) Market
In year 2020, the spread of the COVID-19 pandemic has resulted in slowdown of the overall economy leading to the temporary halt in many construction projects across the country, thereby impacting the instrumentation valves and fittings market in India. However, the market has regained momentum in 2021 and is expected to grow significantly in the coming years.

According to 6Wresearch, India Instrumentation Valves and Fittings (CNG Industry) Market revenue size is projected to grow at a CAGR of 11.6% during 2022-2028. India is a prominent market for instrumentation valves and fittings due to strong demand from the oil & gas sector and the strengthening industrial sector. Furthermore, increased investment in exploration and production activities of oil & gas have propelled the demand in recent years and the same trend is set to follow in the forecast period. 

Market by Fitting Types Analysis  

In terms of fitting types, tube fitting segment has captured 38.4% of the market revenue in 2021. Tube fitting segment acquired highest share in the India instrumentation valves and fittings (CNG Industry) market in 2021 in terms of revenue on account of its higher resistance and strength in higher pressure and temperature conditions. Furthermore, tube fittings offer greater flexibility in systems with fewer connections, meaning fewer potential leak points 

India Instrumentation Valves and Fittings (CNG Industry) Market

Market by Valve Types Analysis  

In terms of valve types, ball valves have captured 29.9% of the market revenue in 2021. ball valves accounted for the major market revenue share in 2021 owing to its minimal pressure drops, minimal leakage through wear & tear and time & labor effective to operate along with low maintenance cost. Furthermore, ball valves come in a range of configurations to suit various specifications and can deliver ideal performance in hydrocarbon systems, as well as vapor, air, and gas systems. 

India Instrumentation Valves and Fittings (CNG Industry) Market

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2018 to 2021.
  • Base Year: 2021
  • Forecast Data until 2028.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • India Instrumentation Valves and Fittings (CNG Industry) Market Overview
  • India Instrumentation Valves and Fittings (CNG Industry) Market Outlook
  • India Instrumentation Valves and Fittings (CNG Industry) Market Forecast
  • Historical Data and Forecast of India Instrumentation Valves and Fittings (CNG Industry) Market Revenues for the Period 2018-2028F
  • Historical Data and Forecast of India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Types for the Period 2018-2028F
  • Historical Data and Forecast of India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Valve Types for the Period 2018-2028F
  • Historical Data and Forecast of India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Fitting Types for the Period 2018-2028F
  • Historical Data and Forecast of India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Regions for the Period 2018-2028F
  • Market Drivers and Restraints
  • Market Trends
  • Industry Life Cycle
  • India Instrumentation Valves and Fittings (CNG Industry) Market – Porter’s Five Forces 
  • Market Opportunity Assessment
  • Company Revenue Shares
  • Market Competitive Benchmarking
  • Company Profiles 
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Valve Types

  • Needle Valves
  • Manifold Valves
  • Ball Valves
  • Check Valves
  • Diaphragm Valves
  • Other Valves

By Fitting Types

  • Pipe Fitting
  • Tube Fitting
  • Weld Fitting
  • Biopharm Fitting
  • Hose Fitting
  • Other Fitting

By Regions

  • Northern Region
  • Southern Region
  • Eastern Region
  • Western Region

Frequently Asked Questions About the Market Study

  • Does the report consider COVID-19 impact?
    The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.

  • How much growth is expected in the India Instrumentation Valves and Fittings (CNG Industry) market over the coming years?
    The India Instrumentation Valves and Fittings (CNG Industry) market revenue is anticipated to record a CAGR of 11.6% during 2022-28.

  • Which segment has captured key share of the market?
    By fitting types, tube fittings accounted for maximum revenue share in 2021 on account of its higher resistance and strength in higher pressure and temperature conditions.

  • Which segment is exhibited to gain traction over the forecast period?
    By Valve types, ball valves would record key growth throughout the forecast period 2022-28.

  • Who are key the key players of the market?
    The key players of the market include- Swagelok Company, Parker Hannifin India Pvt.Ltd. and L&T Valves Limited, Panam Engineers Ltd., Emerson Electric Co., AVK Valves India Pvt Ltd, HAVI Engineering India Pvt. Ltd., PMT Valves Pvt Ltd, CRANE Instrumentation & Sampling PFT Corp., HP Valves & Fittings India Private Limited. 

  • Is customization available in the market study?
    Yes, we can do customization as per your requirements. Please feel free to write to us sales@6wresearch.com for any customized or any other requirements.

  • We also want to have market reports for other countries/regions.
    6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.
Table of Content
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. India Instrumentation Valves and Fittings (CNG Industry) Market Overview
3.1 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, 2018-2028F 
3.2 India Instrumentation Valves and Fittings (CNG Industry) Market - Industry Life Cycle
3.3 India Instrumentation Valves and Fittings (CNG Industry) Market - Porter’s Five Forces
3.4 India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Types, 2021 & 2028F
3.5 India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Valve Types, 2021 & 2028F
3.6 India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Fitting Types, 2021 & 2028F
3.7 India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Regions, 2021 & 2028F
4. India Instrumentation Valves and Fittings (CNG Industry) Market Covid-19 Impact Analysis 
5. India Instrumentation Valves and Fittings (CNG Industry) Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. India Instrumentation Valves and Fittings (CNG Industry) Market Trends
7. India Instrumentation Valves and Fittings (CNG Industry) Market Overview, By Types
7.1 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Valve Types, 2018-2028F 
7.2 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Fitting Types, 2018-2028F 
8. India Instrumentation Valves and Fittings (CNG Industry) Market Overview, By Valve Types
8.1 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Needle Valves, 2018-2028F 
8.2 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Manifold Valves, 2018-2028F 
8.3 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Ball Valves, 2018-2028F 
8.4 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Check Valves, 2018-2028F 
8.5 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Diaphragm, 2018-2028F 
8.6 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Others, 2018-2028F 
9. India Instrumentation Valves and Fittings (CNG Industry) Market Overview, By Fitting Types
9.1 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Pipe Fitting, 2018-2028F 
9.2 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Tube Fitting, 2018-2028F 
9.3 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Weld Fitting, 2018-2028F 
9.4 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Biopharm Fitting, 2018-2028F 
9.5 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Hose Fitting, 2018-2028F 
9.6 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Others, 2018-2028F 
10. India Instrumentation Valves and Fittings (CNG Industry) Market Overview, By Regions
10.1 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Northern Region, 2018-2028F 
10.2 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Southern Region, 2018-2028F
10.3 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Eastern Region, 2018-2028F 
10.4 India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, By Western Region, 2018-2028F 
11. India Instrumentation Valves and Fittings (CNG Industry) Market Key Performance Indicators
12. India Instrumentation Valves and Fittings (CNG Industry) Market Opportunity Assessment
12.1 India Instrumentation Valves and Fittings (CNG Industry) Market Opportunity Assessment, By Valve Types, 2028F 
12.2 India Instrumentation Valves and Fittings (CNG Industry) Market Opportunity Assessment, By Fitting Types, 2028F 
12.3 India Instrumentation Valves and Fittings (CNG Industry) Market Opportunity Assessment, By Regions, 2028F 
13. India Instrumentation Valves and Fittings (CNG Industry) Market Competitive Landscape
13.1 India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Company, 2021
13.2 India Instrumentation Valves and Fittings (CNG Industry) Market Competitive Benchmarking, By Technical Parameters
13.3 India Instrumentation Valves and Fittings (CNG Industry) Market Competitive Benchmarking, By Operating Parameters
14. Company Profiles
14.1 Swagelok Company
14.2 Parker Hannifin India Pvt.Ltd.
14.3 Panam Engineers Ltd.
14.4 Emerson Electric Co.
14.5 AVK Valves India Pvt Ltd
14.6 HAVI Engineering India Pvt. Ltd.
14.7 L&T Valves Limited.
14.8 PMT Valves Pvt Ltd
14.9 CRANE Instrumentation & Sampling PFT Corp.
14.10 HP Valves & Fittings India Private Limited
14.11 DK-Lok Corp. 
15. Key Strategic Recommendations
16. Disclaimer
List of Figures
1. India Instrumentation Valves and Fittings (CNG Industry) Market Revenues, 2018-2028F ($ Million)
2. India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Valve Types, 2021 & 2028F
3. India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Valve Types, 2021 & 2028F
4. India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Fitting Types, 2021 & 2028F
5. India Instrumentation Valves and Fittings (CNG Industry) Market Revenue Share, By Regions, 2021 & 2028F
6. India Petrol Price, 2017-2021 (Rupees/Liter)
7. India Diesel Price, 2017-2021 (Rupees/Liter)
8. India Natural Gas Percentage Share in Energy Basket, 2021 & 2030F
9.India Electric Vehicle Market Volumes, 2017-2025F (Thousand Units)
10. Share of Electric Vehicles in Total Vehicle Sales (Registered), 2015-2020
11. India Instrumentation Valves and Fittings Market Revenues, By Valves, 2018-2028F ($ Million)
12. India Instrumentation Valves and Fittings Market Revenues, By Fittings 2018-2028F ($ Million)
13. India Instrumentation Valves and Fittings Market Revenues, By Northern Region, 2018-2028F ($ Million)
14. India Instrumentation Valves and Fittings Market Revenues, By Southern Region, 2018-2028F ($ Million)
15. India Instrumentation Valves and Fittings Market Revenues, By Eastern Region, 2018-2028F ($ Million)
16. India Instrumentation Valves and Fittings Market Revenues, By Western Region, 2018-2028F ($ Million)
17. Auto Services Market in India, 2019-2026F (USD billion)
18. India Automobile Market Growth, 2019-2026F (USD, Billion)
19. India CNG Car Market Growth, FY2020-FY 2021 (Units)
20. India Passenger Cars Penetration, 2019-2026F (per 1000 people)
21. Highway Construction in India (Kilometers)
22. Investment outlay for Roads Under Union Budget ($ billion)
23. India Natural Gas Production, 2016-2020 (BCM)
24. India Natural Gas Demand Forecast, 2019 & 2030F (BCM)
25. India Natural Gas Percentage Share in Energy Basket, 2021 & 2030F
26. India Instrumentation Valves and Fittings (CNG Industry) Market Opportunity Assessment, By Valve Types, 2028F
27. India Instrumentation Valves and Fittings (CNG Industry) Market Opportunity Assessment, By Fitting Types, 2028F
28. India Instrumentation Valves and Fittings (CNG Industry) Market Opportunity Assessment, By Regions, 2028F
29. India Instrumentation Valves and Fittings (CNG Industry) Market Company Share, By Companies, 2021
30. India List of Refineries in Western Region, 2021
List of Tables
1. India Natural Gas Initiatives and Policy, 2021
2. India Instrumentation Valves and Fittings Market Revenues, By Valve Types, 2018-2028F ($ Million)
3. India Instrumentation Valves and Fittings Market Revenues, By Fitting Types, 2018-2028F ($ Million)
 
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