Industrial Valves Market Will hit at a CAGR Value of ~4.0% from 2019 - 2029 - PowerPoint PPT Presentation

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Industrial Valves Market Will hit at a CAGR Value of ~4.0% from 2019 - 2029


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Title: Industrial Valves Market Will hit at a CAGR Value of ~4.0% from 2019 - 2029

Industrial Valves Market Expected to Increase at
a CAGR 4.0 through 2019 - 2029
  • February 2020

Report Id REP-GB-4162 Published On 19 July,
2016 Category Industrial Automation and
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  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
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includes sources of databases
Industrial Valves Market
  • VALLEY COTTAGE, New York /PRNewswire/ -- Up from
    the revenues worth US 61 Bn registered in 2018,
    the global market for industrial valves is
    projected to witness modest growth by the end of
    2019. A new market research report by Future
    Market Insights (FMI) suggests that the
    increasing exploration activities for new water
    sources will predominantly favor the growth of
    market over the course of coming years.
  • The steady expansion of chemical industry and
    revival of oil gas industry are also likely to
    play a crucial role in pushing sales of
    industrial valves at a global level. Furthermore,
    FMI's report indicates that abundant
    opportunities exist in chemical, and water
    wastewater industries.
  • With the onset of Industry 4.0 and the
    reciprocating shift of industries towards
    automation, the industrial valves landscape is
    compelled to move beyond its traditional,
    old-school valve engineering models. Although
    manually operated valves still account for almost
    2/3rd of total sales, FMI foresees a rapidly
    progressing market scenario for automated valves
    in the next few years. 
  • By type, the gate type of industrial valves
    segment is expected to hold prominent value
    shares of the global industrial valves market.
    Furthermore, the globe valve segment is expected
    to be the prominent segment throughout the
    forecast period. Gate valves, closely trailed by
    globe and ball valves, are identified to remain
    the sought-after industrial valve types
    throughout the forecast period. A number of
    manufacturers are however focusing on investments
    in globe industrial valves. FMI's research also
    highlights visibly growing market attractiveness
    of butterfly valves across industries.

Industrial Valves Market
  • The analysis of industrial valves market on the
    basis of materials reveals that cast steel,
    carbon steel, and stainless steel remain the
    preferred materials among manufacturers of
    industrial valves, which collectively account for
    85 shares in the revenues. Bronze is likely to
    emerge lucrative as a material of choice, over
    the years to come, as indicated by report
  • Market in APEJ Projected for Remunerative Growth
  • The market in Asia Pacific excluding Japan (APEJ)
    is expected to exhibit lucrative growth potential
    in the global industrial valves market over the
    forecast period of 2019-2029. According to the
    report, this growth is propelled by the rapid
    growth in the oil gas industry in countries of
    APEJ such as India and China, and ASEAN
    Countries, among others. The economic condition
    of these countries have been positively
  • Furthermore, owing to the effects of
    macroeconomic factors such as growing population,
    urbanization, and rapid industrialization, the
    confidence of investors and investments in
    housing and other residential projects across
    APEJ has increased drastically. Consequently, the
    region's chemical has considerable momentum over
    the past few years. This overall scenario is
    translating into modest growth in the demand for
    valves across the multiple industries, eventually
    pushing the market growth potential of APEJ.

Industrial Valves Market
  • Industrial Valves Market Vendor Insights
  • The report highlights some of the prominent
    market players, who have established themselves
    as leaders in the global industrial valves market
    such as GE Company, Emerson, Flowserve
    Corporation, Schlumberger Limited, TechnipFMC
    Plc, KSB SE Co. KGaA, x KITZ Corporation, Alfa
    Laval Corporate AB, Curtiss-Wright Corp., CIRCOR
    International, Inc., IMI Plc, Mercer Valve Co.,
    Inc., National, Oilwell Varco, Inc., Weir Group
    Plc., Neway Valves, AVK International A/S,
    Flowserve Corporation, and LESER GmbH Co. KG,
    among others.
  • The global industrial valves market is
    significantly consolidated with some players
    holding prominent shares of the market. These
    players are offering industrial valves under
    their popular brands such as Cameron, and World
    Valves, among others.
  • Press-release Source https//

Industrial Valves Market
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    syndicated research reports, custom research
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    personalized in nature. FMI delivers a complete
    packaged solution, which combines current market
    intelligence, statistical anecdotes, technology
    inputs, valuable growth insights and an aerial
    view of the competitive framework and future
    market trends.
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