Global Industrial Valves Market Outlook 2017-2023 - Market is expected to grow from $69.85 billion in 2016 to reach $94.52 billion by 2023 - Research and Markets
The "Industrial
Valves - Global Market Outlook (2017-2023)" report has been
added to Research and Markets' offering.
The Global Industrial Valves market is expected to grow from $69.85
billion in 2016 to reach $94.52 billion by 2023 with a CAGR of 4.4%.
Growing adoption in oil & gas industry, raising industrial
infrastructure investments in developing economies, and strict emission
control policies are some of the major factors boosting the market
growth. However, intensified competition among competitors, higher
fabrication prices are some of the restrains limiting the market growth.
Steel valves are anticipated to command the global market with highest
market share over the forecast period due to higher utilization of steel
valves in various industries. Besides energy & power industry is
projected to witness higher growth rate over the forecast period. The
growth is attributed to growing power plants in emerging countries. Asia
Pacific is predicted to register high growth rate due to increasing
adoption of industrial valves in emerging countries such as India,
China, and Japan.
Some of the key players in global Industrial Valves market include AVK
Holding A/S, Avcon Controls Pvt Ltd, Cameron - Schlumberger, Crane Co.,
Emerson, Flowserve Corporation, Forbes Marshall, IMI PLC., Kitz
Corporation, Mets-Corporation, Neway Valves (Suzhou) Co., Ltd., Pentair
PLC, Velan Inc., Samson AG, The Weir Group, PLC, and
Spirax-Sarc-Engineering PLC.
Products Covered:
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Automatic Valves
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Actuators
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Control
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Regulator
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Standard Valves
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Quarter turn
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Multi turn
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Others
Valve Types Covered:
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Globe Valve
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Diaphragm
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Butterfly Valve
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Ball Valve
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Plug Valve
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Safety Valve
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Gate Valve
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Wedge Gate Val
Material Types Covered:
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Alloy Based
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Cast Iron
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Cryogenic
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Steel
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Other Material Types
Sizes Covered:
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Up to 1
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1-6
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6-25
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25-50
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50 & Above
End Users Covered:
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Building and Construction
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Chemical
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Energy & Power
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Food & Beverages
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Oil & Gas
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Pharmaceutical
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Water & Wastewater
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Other End Users
What The Report Offers:
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Market share assessments for the regional and country level segments
-
Market share analysis of the top industry players
-
Strategic recommendations for the new entrants
-
Market forecasts for a minimum of 7 years of all the mentioned
segments, sub segments and the regional markets
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Market Trends (Drivers, Constraints, Opportunities, Threats,
Challenges, Investment Opportunities, and recommendations)
-
Strategic recommendations in key business segments based on the market
estimations
-
Competitive landscaping mapping the key common trends
-
Company profiling with detailed strategies, financials, and recent
developments
-
Supply chain trends mapping the latest technological advancements
For more information about this report visit https://www.researchandmarkets.com/research/tmknfv/industrial_valves
View source version on businesswire.com: http://www.businesswire.com/news/home/20171206006056/en/
Copyright Business Wire 2017
Source: Business Wire
(December 6, 2017 - 1:06 PM EST)
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