Valves Market, by Product type (Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butterfly Valves, Diaphragm Valves and Other Valves), by Industry(Oil & Gas,(LNG, Petroleum (Upstream, Midstream, Downstream,(Petrochemical)), Power(Fossils(Coal & Oil, Natural Gas, Nuclear Power, Other Power)),Chemicals, Marine, Construction, Pulp & Paper, Mining, Water & Waste Water Treatment and Others), by Screen Size (below 8” and 8” and above), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Valves are crucial parts of industrial applications and processes. Valves are typically used to control and regulate the flow of liquids, gases, and slurries. Valves find major applications in pipelines and piping systems to control the flow of fluid. Increasing government regulations towards workplace safety and emission norms have increased the installation of efficient valves in process and manufacturing industries. Valves can be classified on the basis of how they are actuated: solenoid valve, hydraulic, pneumatic, manual, and motor. One of the most ancient valves is a freely hinged flap, which obstructs the flow of fluid in one direction and can be pushed open by flow in the opposite direction.
Generally, valves are often placed at a pipeline distance of less than 10% of the total length of the pipeline for effective and easy control of gas in oil and gas and other industries. According to the Indian Oil Corporation Ltd. (IOCL), the natural gas pipeline network in India increased from 10,900 km to 15,000 km with an investment of US$ 1.5 Bn from 2015 to 2016. Moreover, countries such as the U.S> and the U.K. are expected to invest significantly in pipeline sector. For instance, in 2016, the U.S. government launched Dakota Access Pipeline Project, which is expected to carry 470,000 barrels per day of crude for 1,172 miles. Therefore, high growth of pipeline sector is expected to boost growth of the global valves market in the near future.
This report segments the Global Valves Market on the basis of Product Type, Industry and Region. On the basis of Product Type, Global Valves Market is segmented into Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butterfly Valves, Diaphragm Valves and Other Valves. On the basis of Industry, the Global Valves Market is segmented into Oil&Gas (LNG, Petroleum (Upstream, Midstream, Downstream,(Petrochemical)), Power(Fossils(Coal & Oil, Natural Gas, Nuclear Power, Other Power)),Chemicals, Marine, Construction, Pulp & Paper, Mining, Water & Waste Water Treatment and Others. On the basis of region, Global Valves Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.
Key features of the study:
This report provides an in-depth analysis of the Global Valves Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2019 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Valves Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the Global Valves Market includes Schlumberger Limited, Goodwin International Ltd, Honeywell International Inc., General Electric Company, Emerson Electric Co., Rotork Plc, KITZ Corporation, AVK Holding A/S, Bürkert Fluid Control Systems, and Flowserve Corporation.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global Valves Market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Global Valves Market
Global Valves Market, By Product Type:
Pressure Reducing Valves
Global Valves Market, By Industry:
Oil & Gas
Coal & Oil
Pulp & Paper
Water & Waste Water Treatment
Global Valves Market, By Region:
Middle East and Africa
AVK Holding A/S
Bürkert Fluid Control Systems
Emerson Electric Co.
General Electric Company
Goodwin International Ltd
Honeywell International Inc.
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