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Global Industrial Valves Market in Oil and Gas Industry 2017-2021

About Industrial Valves

The oil and gas industry is one of the major end-users of industrial valves. The industry contributes a significant share in terms of the overall market revenue. Owing to the criticality of processes carried out in the oil and gas sector and the need to transport fluids from one stage of the process to another, industrial valves find increased applications in this sector. The industrial valves ensure smooth operations by regulating and controlling the movement of fluids.

Technavio’s analysts forecast the global industrial valves market in oil and gas industry to grow at a CAGR of 5.69% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial valves market in oil and gas industry for 2017-2021. To calculate the market size, the report includes revenue generated through the sales made by the products, by end users, and by geography. It also includes the revenue generated through the maintenance and after-sales services carried out by the market vendors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Valves Market in Oil and Gas Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cameron
  • Emerson
  • Flowserve
  • Pentair
  • AVK
Other prominent vendors
  • 4matic
  • A V Valves
  • Alfa Laval
  • Brooksbank
  • Cameroon
  • Camtech Valves
  • CIRCOR Energy
  • Crane
  • Crescent Valves
  • Curtiss-Wright
  • Fluuitek Orsenigo Valves
  • FMC
  • GE
  • Honeywell International
  • IMI
  • KSB
  • CVC Valves
  • Microfinish Valves
  • MIR VALVE
  • MRC Global
  • Neway Group Holdings
  • Oliver Valves
  • OMB Valve Group
  • Pentair
  • Rotork
  • SAMSON Controls
  • Teji Valve Group
  • Valmax
  • Valvitalia Group
  • Velan
Market driver
  • Government regulations to curb environmental degradation
  • For a full, detailed list, view our report
Market challenge
  • Uncertainties in oil and gas sector due to price fluctuation
  • For a full, detailed list, view our report
Market trend
  • Rising number of mergers and acquisitions
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

PR

Technavio Announces the Publication of its Research Report – Global Industrial Valves Market in Oil and Gas Industry 2017-2021

Technavio recognizes the following companies as the key players in the global industrial valves market in oil and gas industry: Cameron, Emerson, Flowserve, Pentair, and AVK.

Other Prominent Vendors in the market are: 4matic, A V Valves, Alfa Laval, Brooksbank, Cameroon, Camtech Valves, CIRCOR Energy, Crane, Crescent Valves, Curtiss-Wright, Fluuitek Orsenigo Valves, FMC, GE, Honeywell International, IMI, ITT, KITZ, KSB, CVC Valves, Microfinish Valves, MIR VALVE, MRC Global, Neway, Oliver Valves, OMB Valve, Pentair, Rotork, SAMSON Controls, Teji Valve, Valmax, Valvitalia, Velan, Weir, and Wuzhou Valve.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is rising number of mergers and acquisitions. The global valves market is a highly-fragmented market. As such several low-cost manufacturers offering competitive products exist due to which, the global manufacturers producing high-quality products are facing a significant threat. Since there is very low product differentiation, vendors find it extremely difficult to maintain their market share in the market. As a result, several big international vendors are choosing to go for horizontal integration in the market in order to expand their market presence, product portfolio, customer base, and network by acquiring small and local vendors.”

According to the report, one of the major drivers for this market is government regulations to curb environmental degradation. Several European and American governments have imposed regulations on the oil and gas industry to safeguard the interests of both environment and human life. The European Union has formulated strict guidelines to ensure that these industries incorporate operational safety and reduction in emission. Leakage and spilling of harmful and toxic substances are being curbed to prevent the detrimental effect on human life and the environment.

Further, the report states that one of the major factors hindering the growth of this market is uncertainties in oil and gas sector due to price fluctuation. The 2014 dip in oil prices has affected the global market considerably, especially in countries that are major exporters, such as Mexico, Venezuela, Colombia, Russia and the Middle East countries. Thus, these economies took a hit in terms of the revenue earned. The increase of shale gas exploration in the US, the Middle East did not reduce output due to the fear of losing market share resulting in the declining oil and gas prices, from $97 per barrel in 2014 to $48 per barrel in 2015.

Companies Mentioned

Cameron, Emerson, Flowserve, Pentair, AVK, 4matic, A V Valves, Alfa Laval, Brooksbank, Cameroon, Camtech Valves, CIRCOR Energy, Crane, Crescent Valves, Curtiss-Wright, Fluuitek Orsenigo Valves, FMC, GE, Honeywell International, IMI, ITT, KITZ, KSB, CVC Valves, Microfinish Valves, MIR VALVE, MRC Global, Neway, Oliver Valves, OMB Valve, Pentair, Rotork, SAMSON Controls, Teji Valve, Valmax, Valvitalia, Velan, Weir, Wuzhou Valve.

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Segmentation of global industrial valves market in oil and gas industry
    • Market definition
    • Key vendors
      • Table Key vendors
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Applications of industrial valves in oil and gas industry
      • Table Major functions of industrial valve
  • Market landscape
    • Market overview
      • Table Supply chain analysis
      • Table Cost drivers and impact on industrial valves product pricing
    • Market size and forecast
      • Table Global industrial valves market in oil and gas industry 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global industrial valves market in oil and gas industry 2016 and 2021
    • Ball valves
      • Table Global ball valves market in oil and gas industry 2016-2021 ($ billions)
      • Table Benefits offered by ball valves
      • Table Types of ball valves
    • Plug valves
      • Table Global plug valves market in oil and gas industry 2016-2021 ($ billions)
      • Table Types of connections in plug valves
      • Table Benefits of plug valves
    • Gate valves
      • Table Global gate valves market in oil and gas industry 2016-2021 ($ billions)
      • Table Rising stem versus non-rising stem gate valves
      • Table Advantages of gate valves
    • Globe valves
      • Table Global globe valves market in oil and gas industry 2016-2021 ($ billions)
      • Table Advantages and disadvantages of globe valves
      • Table Applications of globe valves in oil and gas industry
    • Butterfly valves
      • Table Global butterfly valves market in oil and gas industry 2016-2021 ($ millions)
      • Table Advantages and disadvantages of butterfly valves
    • Other valves
      • Table Global other valves market in oil and gas industry 2016-2021 ($ billions)
      • Table Benefits of check valves in oil and gas industry
  • Geographical segmentation
    • Market overview
      • Table Breakup of market revenue in terms of new installations and retrofits 2016
      • Table Global industrial valves market in oil and gas industry by geography 2016 and 2021
    • EMEA
      • Table Industrial valves market in oil and gas industry in EMEA 2016-2021 ($ billions)
      • Table Investment prospects in oil and gas industry in EMEA
    • Americas
      • Table Industrial valves market in oil and gas industry in Americas 2016-2021 ($ billions)
      • Table Key natural gas pipeline projects under progress
      • Table Key investments in oil refinery, Americas
    • APAC
      • Table Industrial valves market in oil and gas industry in APAC 2016-2021 ($ billions)
      • Table Future investments in oil and gas
  • Market drivers
    • Government regulations to curb environmental degradation
    • Increased applications of valves in oil and gas industry
      • Table Applications of valves in oil and gas refining
    • Growth in global pipeline transportation
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Uncertainties in oil and gas sector due to price fluctuation
    • Fluctuating prices of raw material
    • Impact of manufacturing/maintenance cost on vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Advances in valve technology
    • Rising number of mergers and acquisitions
      • Table Mergers and acquisitions in industrial valves market
  • Vendor landscape
    • Competition overview
      • Table Prominent vendors in global industrial valves market
    • Competition analysis
      • Table Cameron: Product offerings
      • Table Emerson: Oil and gas segments
      • Table Emerson: Product offerings
      • Table Flowserve: Product offerings
      • Table Pentair: Product offerings
      • Table Subsidiaries of AVK Group in industrial valves
      • Table AVK Group: Product offerings
    • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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