Uncategorized

Industrial Valves – Global Market Outlook (2023-2030)

According to the Global Industrial Valves market is expected to grow from $69.85 billion in 2016 to reach $94.52 billion by 2023 with a CAGR of 4.4%. Growing adoption in oil & gas industry, raising industrial infrastructure investments in developing economies, and strict emission control policies are some of the major factors boosting the market growth. However, intensified competition among competitors, higher fabrication prices are some of the restrains limiting the market growth.

Steel valves are anticipated to command the global market with highest market share over the forecast period due to higher utilization of steel valves in various industries. Besides energy & power industry is projected to witness higher growth rate over the forecast period. The growth is attributed to growing power plants in emerging countries. Asia Pacific is predicted to register high growth rate due to increasing adoption of industrial valves in emerging countries such as India, China, and Japan.

Some of the key players in global Industrial Valves market include AVK Holding A/S, Avcon Controls Pvt Ltd, Cameron “ Schlumberger, Crane Co., Emerson, Flowserve Corporation, Forbes Marshall, IMI PLC., Kitz Corporation, Metso Corporation, Neway Valves (Suzhou) Co., Ltd., Pentair PLC, Velan Inc., Samson AG, The Weir Group, PLC, and Spirax-Sarco Engineering PLC.

Products Covered:

Automatic Valves

o Actuators

o Control

o Regulator

Standard Valves

o Quarter turn

o Multi turn

o Others

Valve Types Covered:

Globe Valve

Diaphragm

Butterfly Valve

Ball Valve

Plug Valve

Safety Valve

Gate Valve

o Wedge Gate Val

Material Types Covered:

Alloy Based

Cast Iron

Cryogenic

Steel

Other Material Types

Sizes Covered:

Up to 1

1“6

6“25

25“50

50 & Above

End Users Covered:

Building and Construction

Chemical

Energy & Power

Food & Beverages

Oil & Gas

Pharmaceutical

Water & Wastewater

Other End Users

Regions Covered:

North America

o US

o Canada

o Mexico

Europe

o Germany

o UK

o Italy

o France

o Spain

o Rest of Europe

Asia Pacific

o Japan

o China

o India

o Australia

o New Zealand

o Rest of Asia Pacific

South America

o Argentina

o Brazil

o Chile

o Rest of South America

Middle East & Africa

o Saudi Arabia

o UAE

o Qatar

o South Africa

o Rest of Middle East & Africa

What our report offers:

– Market share assessments for the regional and country level segments

– Market share analysis of the top industry players

– Strategic recommendations for the new entrants

– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets

– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)

– Strategic recommendations in key business segments based on the market estimations

– Competitive landscaping mapping the key common trends

– Company profiling with detailed strategies, financials, and recent developments

– Supply chain trends mapping the latest technological advancements

Get a Sample PDF of the report –https://www.marketreportsworld.com/enquiry/request-sample/10710860

About Us: –

Market Reports World is the Credible Source for Gaining the Market Reports that will Provide you with the Lead Your Business Needs. Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors.

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