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Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020 to 2027

12-15-2021 08:01 AM CET | Industry, Real Estate & Construction

Press release from: Contrive Datum Insights Pvt. Ltd.

Industrial Valves

Industrial Valves

The global industrial valves market size was valued at USD 48.1 billion in 2020 and is projected to reach USD 100.74 billion by 2027 with a CAGR of 11.1%. Industrial valves are devices that control the flow and pressure of liquids and gases within a system. Valves are used to control the flow of liquids and gases in the piping systems and it should be checked consistently to avoid any risks such as leakage and corrosion. On the other hand, valves used in industries can be operated manually or automatically.

Growth of industrial valves market is driven by increasing demand in industries such as oil and gas, wastewater and power among others. The government of developing countries such as Brazil, India, and China among others is investing heavily in pipeline infrastructure development mainly in oil and gas sector, which is expected to drive the installation of industrial valves over the forecasted period. This result in higher demand of valves used in valve actuators namely, electrically, hydraulically and pneumatically among others in different industry verticals. Moreover, continuous generation of power via existing and old power plant is also driving the demand for industrial valves market in power sector.

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By Market Players:
Pentair
Cameron International
GE
Emerson
Alpha Laval
Flowserve
KSB Group
FMC Technologies
Honeywell
Crane
L&T Valves
Curtiss Wright
Circor Energy
Metso
Neway Valve Suzhou
Velan
Kitz Corporation
AVK Holding
Weir Group

By Type
Ball Valve
Globe Valve
Gate Valve
Butterfly Valve
Other

By Application
Oil & Gas
Power
Municipal
Chemical
Other

By Regions/Countries:
North America
United States
Canada
Mexico
East Asia
China
Japan
South Korea
Europe
Germany
United Kingdom
France
Italy
South Asia
India
Southeast Asia
Indonesia
Thailand
Singapore
Middle East
Turkey
Saudi Arabia
Iran
Africa
Nigeria
South Africa
Oceania
Australia
South America

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The Industrial Valves market in APAC is expected to hold a major market share during the forecast period as countries in APAC such as China, Japan, India, and South Korea have some of the largest manufacturing facilities wherein automation of manufacturing processes has been taken as the highest priority. Also, strong competition among consumer electronics companies in APAC is likely to boost the adoption of machine vision systems in the region. The growing awareness about and demand for high-quality and zero-defect products has fuelled the need for Industrial Valves in inspection-related applications in the manufacturing fields.
However, the outbreak of COVID-19 has significantly affected the manufacturing sector of APAC. As the neighbouring countries are linked to one another through trade relations and supply chain the entire region is affected with the outbreak of COVID-19 which will have a significant impact on the said market in this region for the forecast period.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Industrial Valves Market
Chapter 5. Global Industrial Valves Market Overview, By Application, 2015 - 2027(USD Million)
Chapter 6. Global Industrial Valves Market Overview, By Distribution Channel, 2015 - 2027(USD Million)
Chapter 7. Global Industrial Valves Market Overview, By Geography, 2015 - 2027(USD Million)
Chapter 8. North America Industrial Valves Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 9. Europe Industrial Valves Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 10. Asia Pacific Industrial Valves Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 11. Middle East & Africa Industrial Valves Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 12. South America Industrial Valves Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 13. Competitive Landscape
Chapter 14. Key Vendor Analysis
Chapter 15. Industrial Valves Market Cost Analysis
Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
Chapter 19. Future Outlook of the Market

Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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Contact Us:
Envisage Market Research
Email: sales@envisageresearch.com

About Us:

Envisage Market Research is the leading provider of custom and syndicated market research reports. Our team of expert analysts offers end-to-end consulting services, along with 80% of the Fortune 500+ companies in the recent past. We are focused to deliver market research report solutions to small and medium enterprises.

Envisage Market Research has steadily grown to become a trusted market research partner for clients across the globe. We are majorly focused to serve a wide range of industrial insights, including automotive & transportation, technology, consumer products, automation and equipment, food & beverages, services & utilities, chemicals & materials, energy, mining, and oil & gas.

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