U.S. Valve Market Analysis, Market Size, Trends & Forecasts 2015-2025, With the Market Value to Rise to $36.2bn by 2025 - ResearchAndMarkets.com
The "U.S.
Valve Market Size and Forecast by Type (Industrial Valves, General
Purpose Valves,) by Application (Construction, Manufacturing, Oil & Gas)
and Trend Analysis, 2015-2025" report has been added to ResearchAndMarkets.com's
offering.
U.S. valve market is expected to be valued at USD 36.20 billion by 2025,
driven mainly by growing demand from oil & gas industry. Rising need of
automation from manufacturing and processing industries is driving the
demand for predictive monitoring and maintenance. These devices are the
most common and indispensable device of our current technology that
controls the flow of a fluid. The U.S. government is investing in
conservation of water owing to the rising urban population and demand
form manufacturing sector.
In the year 2016, U.S. chemical industry remained the top consumer of
the industrial segment, followed by power generation and water & sewage
management. Although, huge quantity is deployed in oil & gas, American
Navy and Merchant Marines accounted for the maximum use. In the last few
years, the market has shown growth in terms of types and sizes. Valves
are available in wide variety of materials, including carbon steel,
stainless steel, cast iron, ductile iron, brass and aluminum.
Increasing oil & gas industry in U.S. is expected to drive the demand
over the forecast period. The U.S. is one of the largest producer and
consumer of oil in the world. To meet increasing demand form end-use
sector, oil producer in the country are investing in EOR techniques,
which in turn is expected to fuel the demand in the country over the
projected period.
Companies Mentioned
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Emerson Electric Co.
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Parker Hannifin
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Valtorc International USA
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Kennedy Valve Co.
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Balon Corporation
Key Topics Covered:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
Chapter 3. Introduction
Chapter 4. U.S. Valve Market Trends: Drivers & Opportunities
Chapter 5. U.S. Valve Market, By Type
Chapter 6. U.S. Valve Market, By Application
Chapter 7. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/6zvbrp/u_s_valve_market?w=4
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Copyright Business Wire 2018
Source: Business Wire
(July 2, 2018 - 6:59 AM EDT)
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