Global Explosion Proof Solenoid Valves Market Insights, Forecast to 2025

A solenoid valve is an electromechanically operated valve. The valve is controlled by an electric current through a solenoid: in the case of a two-port valve the flow is switched on or off; in the case of a three-port valve, the outflow is switched between the two outlet ports. Multiple solenoid valves can be placed together on a manifold.
Worldwide, Europe is the largest market of explosion proof solenoid valve consumption value market, while China is the largest consumption volume market. It is estimated that Europe accounts for about 30% of the industry total revenue. After development of about two decades, China has become the largest consumption volume markket of explosion proof solenoid valve. In 2016, China produces about 25.58% of the global total consumption volume. The market in other developing countries or regions, such as South America is becoming the most important emerging consumption market of solenoid valve. And the production technology and production scale of explosion proof solenoid valve in these regions are also developing quickly, partly driven by the capacity movement from developed countries.
For the applications of explosion proof solenoid valve, products for Chemical industry, Petrochemical, Oil and gas and Gas pipe network are the main market driven engine for industry consumption volume. The demand of explosion proof solenoid valve on Chemical industry accounts for more than 30% of the market consumption volume.
The Explosion Proof Solenoid Valves market was valued at 490 Million US$ in 2018 and is projected to reach 650 Million US$ by 2025, at a CAGR of 3.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Explosion Proof Solenoid Valves.

This report presents the worldwide Explosion Proof Solenoid Valves market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
ASCO
Parker
Kendrion
Festo
SMC
Bürkert
Norgren
CKD
KONAN ELECTRIC
ODE
Peter Paul valve
Airtec
Shanghao Hope
SHAKO
Rotex
Kaneko Corporation
JVL
Shanghai Taiming
Zhejiang Yongjiu
PRO UNI-D

Explosion Proof Solenoid Valves Breakdown Data by Type
By number of ways
Two-way Solenoid Valves
Three-way Solenoid Valves
Four-way Solenoid Valves
Others
By Structure
Pilot Type
Direct acting type
Others
Explosion Proof Solenoid Valves Breakdown Data by Application
Chemical industry
Petrochemical
Oil and gas
Gas pipe network
Other

Explosion Proof Solenoid Valves Production by Region
United States
Europe
China
Japan
Other Regions

Explosion Proof Solenoid Valves Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Explosion Proof Solenoid Valves status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Explosion Proof Solenoid Valves manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Explosion Proof Solenoid Valves :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Explosion Proof Solenoid Valves market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.