TPi November 2019
Fittings, valves, flanges & connectors
Frost & Sullivan’s ‘Analysis of the European Industrial Valves and Actuators Market, Forecast to 2024’ reveals that the primary factors driving the $5.8bn market towards $7.05bn by 2024 include an increased focus on automation across industries to improve operational efficiencies and initiatives like Industry 4.0 and Industrial Internet of Things (IIoT). Manufacturers offering high reliability with effective quality management systems are best positioned to harness growth prospects. “Initiatives such as Industry 4.0 and IIoT are expected to drive the growth of smart solutions among top participants in the European valves and actuators market,” said Vinitha Viswanathan, Schroeder develops new valve for CCPPs Schroeder Valves, aGerman specialist for pump protection valves, is developing a new valve type. The Schroeder Intermediate Pressure valve (SIP) series complements the company’s portfolio by covering high- pressure applications from 180 to 250 bars with frequent plant operation at minimum flow conditions. The SIP is suitable to protect the pumps in the boiler feed water cycles of combined cycle power plants (CCPP). “The SIP combines the outstanding performance of the Schroeder high- pressure valve SHP with the simplicity of the SSV-type valve,” explained a Schroeder spokesperson. Like the SHP, the SIP controls the bypass by a multi-stage piston, which provides a defined multi-stage press reduction at all flow rates and ensures cavitation-free operation.
SIP intermediate pressure valve from Schroeder
Photo credit: Schroeder Valves GmbH & Co KG
The SIP will be available by the end of 2019. Schroeder Valves GmbH & Co KG – Germany
As with the SSV series, the SIP’s piston is actuated directly by the cone via lever. Actuating forces are reduced by pressure balancing in such a way that the support of a pilot system is not required.
info@schroeder-valves.com www.schroeder-valves.com
Smart solution growth in industrial valves and actuators market
industry has strict regulations to reduce pollution due to emission of toxic gases in its processes. In addition, increased investments in the water and wastewater, food and beverage, chemicals, pulp and paper, and pharmaceutical sectors are expected to fuel market revenues and growth. “The water and wastewater treatment industry is a major consumer of industrial valves and actuators, and the monitoring and controlling of water treatment and transportation activities have dramatically increased,” noted Ms Viswanathan. “Furthermore, rising automation will enhance productivity and boost process efficiencies.” Frost & Sullivan – UK www.frost.com
senior research analyst, industrials at Frost & Sullivan. “However, tier I and II participants are still sceptical about investing in smart technologies due to unskilled workforce and large initial investments.” Frost & Sullivan’s report looks into the factors and trends influencing growth in the industrial valves and actuators sector in Europe. Major market drivers and restraints, segment-wise revenue forecast, detailed market share and competition analysis, and growth prospects are all discussed. Stringent regulations laid by regulatory bodiessuchastheEuropeanEnvironment Agency (EEA) play an important role in increasing demand for valves and actuators. For example, the oil and gas
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November 2019 TUBE PRODUCTS INTERNATIONAL
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