Global Pump & Valves Markets (2018-2024) - 3.9% CAGR is Projected; Restrained by the Slowdown in Exploration Activities, Owing to the Decline in Oil Prices - ResearchAndMarkets.com
The "Pump
and Valves Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2024" report has been added to ResearchAndMarkets.com's
offering.
The report predicts the global pump and valves market to grow with a
CAGR of 3.9% over the forecast period of 2018-2024.
Increasing use of pump and valves for transportation and on-going
increasing drilling activities in oil and gas industry are the factors
driving the growth of the pumps and valves market. In addition, rising
demand for usage of artificial lifts for economical production of oil
from wells and use of pumps in water and wastewater transport and
treatment through disposal is anticipated to boost the growth of the
pump and valves market.
However, a slowdown in the exploration activities owing to the decline
in the oil prices are likely to restrain the growth of the pump and
valves market during the forecast period. Furthermore, increasing number
of upcoming products for the transportation of oil and gas is projected
to create lucrative growth opportunities for the key players in the pump
and valves market.
The Middle East and Africa are likely to dominate the pump and valves
market due to a number of upcoming oil exploration projects in this
region. Moreover, Middle East Pumps and Valves Services presents an
in-depth assessment of the pumps and valves services including enabling
technologies. The increasing focus on energy-efficient equipment and the
rising awareness is influencing the adoption of intelligent pumps is
driving the growth in the Middle East regions.
Companies Profiled
-
Bentley Ltd.
-
PERAR S.p.A
-
Sulzer Ltd.
-
BuTech
-
FMC Technologies Inc.
-
PetrolValves
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Oliver Valves Ltd.
-
Flowserve Corp.
-
Cameron
-
Oliver Valves Ltd.
Key Topics Covered
1. Preface
2. Executive Summary
3. Global Pump and Valves Market Overview
4. Pump and Valves Market Macro Indicator Analysis
5. Global Pump and valves Market by Valve Type
6. Global Pump and valves Market by Pump Type
7. Global Pump and Valves Market by Industry Verticals
8. Global Pump and Valves Market by Region 2018-2024
9. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/8x6pml/global_pump_and?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180921005227/en/
Copyright Business Wire 2018
Source: Business Wire
(September 21, 2018 - 8:02 AM EDT)
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