Press release
Industrial Valves Market Analysis, Size, Growth, Trends, industry Report and Forecast 2023-2032
Industrial Valves Market Report
Industrial Valves Market Size, Growth Rate, And Forecast:
The global industrial valves market size is expected to grow from $97.80 billion in 2022 to $102.99 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global industrial valves market size is expected to reach $120.65 billion in 2027 at a CAGR of 4.0%.
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Industrial Valves Market Drivers:
The rising number of oil and gas explorations is expected to propel the growth of the industrial valve market going forward. Oil and gas exploration refers to the procedures and techniques used to identify potential locations for drilling and extracting oil and gas. Industrial valves control the flow of oil and gas and manage the fluid flow by regulating the direction and controlling pressure.
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Industrial Valves Market Segments
•By Valves: Ball Valves, Check Valves, Butterfly Valves, Plug Valves, Globe Valves, Gate Valves, Diaphragm Valves, Safety Valves
•By Function: Isolation, Regulation, Safety Relief Valve, Special Purpose, Non-Return
•By Material: Ductile Iron, Carbon Steel, Plastic, Brass, Bronze, Copper, Aluminium, Others Materials
•By Accessories: Hydraulic Filter, Power Cable, Mounting Screw and Bolts, Seal Kits, Dust Protection Cover, Others Accessories
•By End-User: Chemicals, Energy And Power, Oil And Gas, Water And Wastewater Treatment, Building And Constructions, Paper And Pulp, Metal And Mining, Agriculture, Semiconductor, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the industrial valves market.
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Industrial Valves Market Key Players:
Major competitors in the digital identity solutions market include Emerson Electric Co., The Flowserve Corporation, Schlumberger Limited, Crane Holdings Co., KITZ Corporation, AVK Holdings A/S, Forbes Marshall, KSB SE & Co. KGaA, Spirax-Sarco Engineering PLC., Metso Outotec Corporation, KLINGER Holding, Alfa Laval AB, Curtiss-Wright Corporation, Honeywell International Inc., Velan Inc., Neway Valve, Samson AG, Neles, AVCON Controls Pvt. Ltd., Sirca International S.p.A., Fluidline Valves Co. Pvt. Ltd., Davis Valve, Powell Valves, Virgo Engineers Inc., and Walworth.
The Business Research Company's "Global Industrial Valves Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Industrial Valves Market Include:
1. Executive Summary
2. Industrial Valves Market Characteristics
3. Industrial Valves Market Trends And Strategies
4. Industrial Valves Market - Macro Economic Scenario
5. Industrial Valves Market Size And Growth
....
26. Africa Industrial Valves Market
27. Industrial Valves Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Industrial Valves Market
29. Industrial Valves Market Future Outlook and Potential Analysis
30. Appendix
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