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Tap & Valve Manufacturing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tap & Valve Manufacturing Market Research Report | SIC C28.140 | Jul 2014

Improved flow: Increased industrial production and construction activity to support revenue growth

IBISWorld’s Tap & Valve Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Pegler Yorkshire Group Ltd Pegler Yorkshire Group Ltd market share
Industry Statistics & Market Size
Revenue
£1bn
Annual Growth 10-15
0.8%
Annual Growth 15-20
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Profit
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Employment
9,886
Businesses
177
Industry Analysis & Industry Trends

Valves play a crucial role in the modern economy. They are used in taps, dishwashers, air conditioners and gas ovens as well as in the oil, gas, manufacturing, construction, energy and water industries. The United Kingdom accounts for a relatively small percentage of the global valve market, but has a significant role in some segments. International trade has a substantial influence on industry performance as exports account for a major share of revenue, while imports satisfy a large share of domestic demand. However, the value of imports and exports are artificially inflated by re-exports.

As domestic conditions strengthen during the year, the UK operations of tap and valve manufacturers are expected to generate revenue of £1.4 billion in 2014-15, an increase of 2.8%... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry has entered the decline stage of its life cycle as it faces intense competition from imports. Exports, which propelled the industry during the past five years, is also anticipated to come under pressure during the coming period and result in industry operators losing global market share.

Industry value added (IVA) is expected to increase at a compound annual rate of 2% over the 10 years through 2019-120, while the overall economy is expected to increase at a compound annual rate of 2.1% over the same period. Although this indicates that the industry will account for a relatively stable share of the overall UK economy, it is not in the mature stage of its life cycle... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Tap & Valve Manufacturing Industry?

This industry includes the manufacture of sanitary taps and valves, the manufacture of heating taps and valves, and the manufacture of industrial taps and valves (including regulating valves and intake taps). A valve is a device that can be used to control the flow of liquids, gases and slurries. There are a number of different designs for valves, depending on how they are being used. The manufacture of parts is also included in the industry.

Industry Products
Check valvesSafety and relief valvesParts Process control valves Gate valvesBell and plug valves
 
Industry Activities
Manufacturing industrial taps and valves, including regulating valves and intake tapsManufacturing sanitary taps and valvesManufacturing heating taps and valves


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