Press release
Global Industrial Valve Market is expected to grow at a CAGR of 3.66% during the forecast period from 2019-2026
As per the report published by Fior Markets,the global industrial valve market is expected to grow from USD 70.17 billion in 2018 to USD 93.79 billion by 2026, at a CAGR of 3.66% during the forecast period 2019-2026. The market in the Asia Pacific is expected to exhibit lucrative growth in the global industrial valves market over the forecast period 2019-2026. This growth is propelled by the rapid growth in the oil & gas industry in countries of Asia Pacific such as India and China, and ASEAN Countries, among others. In addition to this, growing demand for flow control requirement is expected to positively impact the market.
"Industrial Valve Market by Valve Type (Ball, Butterfly, Gate, Globe, Check, and Plug), Industry, and Regions", Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026.
DOWNLOAD FREE SAMPLE REPORT: https://www.fiormarkets.com/report-detail/407150/request-sample
Key players in the global industrial valve market are Flowserve Corporation, Kitz Corp., Curtiss-Wright Corp., Emerson Electric, KSB AG, CIRCOR International, Cameron International, AlfaLaval AB, AVK Group, Camtech Manufacturing FZCO, Delta-Pacific Valves Ltd., Goodwin PLC, GWC Valve International Inc., and Watts Water Technologies, Inc. among others.
The product segment is divided into ball, butterfly, gate, globe, check, and plug. The ball valve segment accounted for 21% of the market share in the year 2018.A ball valve is comprised of a valve housing, which is often a metal casting, and a perforated ball. The application segment includes oil & gas, power, pharmaceutical, municipal wastewater, chemical, and food & beverage. The oil and gas industry accounted for over 25% of the overall revenue share in 2018. This is mainly due to increased reserves in natural gas exploration and refineries which will boost the demand for these valves. Increasing offshore, tar, and shell exploration activities are helping to boost the sales of the industrial valve market. The countries such as Brazil, Canada, Nigeria and the US have abundant activities in the oil and gas sector.In addition to this, the construction market is further boosting the demand for industrial valve, owing to higher adoption of valves in the both residential and nonresidential constructions.
BROWSE COMPLETE REPORT AND TABLE OF CONTENTS : https://www.fiormarkets.com/report/industrial-valve-market-by-valve-type-ball-butterfly-407150.html
The demand for automatic valve is fueling the growth of market over the forecast period. These valves are integrated with embedded processor and network capability for subsea oil & gas operations. Automatic valves helps to increase the efficiency in many industries such as oil and gas and utility industry.
Customization of the Report:This report can be customized to meet the client's requirements. Please connect with our sales team (sales@fiormarkets.com), who will ensure that you get a report that suits your needs.
Contact Us
Mark Stone
Sales Manager
Office-102, Sanskriti Aspirations
Baner Road, Pune,
MH 411045
India
Phone: (201) 465-4211
Email: sales@fiormarkets.com
Web: www.fiormarkets.com
About Us:
Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients' objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. We sell market research reports obtained from major publishers from various industries, in which a comprehensive overview of the market is provided along with statistical forecasts, strategic recommendations, detailed segmentation, current market scenario, competitive landscape and key trends.
"Industrial Valve Market by Valve Type (Ball, Butterfly, Gate, Globe, Check, and Plug), Industry, and Regions", Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026.
DOWNLOAD FREE SAMPLE REPORT: https://www.fiormarkets.com/report-detail/407150/request-sample
Key players in the global industrial valve market are Flowserve Corporation, Kitz Corp., Curtiss-Wright Corp., Emerson Electric, KSB AG, CIRCOR International, Cameron International, AlfaLaval AB, AVK Group, Camtech Manufacturing FZCO, Delta-Pacific Valves Ltd., Goodwin PLC, GWC Valve International Inc., and Watts Water Technologies, Inc. among others.
The product segment is divided into ball, butterfly, gate, globe, check, and plug. The ball valve segment accounted for 21% of the market share in the year 2018.A ball valve is comprised of a valve housing, which is often a metal casting, and a perforated ball. The application segment includes oil & gas, power, pharmaceutical, municipal wastewater, chemical, and food & beverage. The oil and gas industry accounted for over 25% of the overall revenue share in 2018. This is mainly due to increased reserves in natural gas exploration and refineries which will boost the demand for these valves. Increasing offshore, tar, and shell exploration activities are helping to boost the sales of the industrial valve market. The countries such as Brazil, Canada, Nigeria and the US have abundant activities in the oil and gas sector.In addition to this, the construction market is further boosting the demand for industrial valve, owing to higher adoption of valves in the both residential and nonresidential constructions.
BROWSE COMPLETE REPORT AND TABLE OF CONTENTS : https://www.fiormarkets.com/report/industrial-valve-market-by-valve-type-ball-butterfly-407150.html
The demand for automatic valve is fueling the growth of market over the forecast period. These valves are integrated with embedded processor and network capability for subsea oil & gas operations. Automatic valves helps to increase the efficiency in many industries such as oil and gas and utility industry.
Customization of the Report:This report can be customized to meet the client's requirements. Please connect with our sales team (sales@fiormarkets.com), who will ensure that you get a report that suits your needs.
Contact Us
Mark Stone
Sales Manager
Office-102, Sanskriti Aspirations
Baner Road, Pune,
MH 411045
India
Phone: (201) 465-4211
Email: sales@fiormarkets.com
Web: www.fiormarkets.com
About Us:
Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients' objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. We sell market research reports obtained from major publishers from various industries, in which a comprehensive overview of the market is provided along with statistical forecasts, strategic recommendations, detailed segmentation, current market scenario, competitive landscape and key trends.
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