Industrial Valves Market Research Report
Global Industrial Valves Market
The GMI Research foresees that the
Industrial Valves Market will witness an augmentation in demand over the
forecast period. This is mainly due to the escalating water investigation
activities, aggravating demand from the mining sector, rising emphasis on research
and development activities, and product innovations.
Introduction of the Industrial Valves Market
Industrial Valves are the automated devices that manage the
pressure or flow of liquids and gases running through pipelines. The valves can
be distinguished on the basis of valve type: ball, check, diaphragm, gate,
globe, plug, safety, and other types of valves.
Major Market Players:
·
Metso Corporation
·
Spirax Sarco Limited
·
Emerson Electric Co.
·
Flowserve Corporation
·
The Weir Group PLC
·
Neway Valve
·
Schlumberger Limited
·
Crane Co.
·
IMI PLC
·
KITZ Corporation
Industrial Valves Market Dynamics
The industrial valves market is experiencing a robust demand primarily
due to their augmenting adoption by end-users to raise the effectiveness as
they are lodged with smart control systems. In addition, swift
industrialization and the enlargement of existent facilities will further strengthen
the global industrial valves market
size. Also, the surging demand for flow control tools and rigorous
demand in the production of oil and gas has stimulated industrial valves market share. Moreover, these
valves enable the supervision of variables like upstream and downstream
pressure flow rate, steam position, and measurement of temperature.
Furthermore, the aggravating installation of pipelines
accompanied by the growth in unconventional oil and gas applications, and
ongoing technological modernizations in the industrial valves, like the launch
of smart valves with an incorporated embedded processor and network capability,
will pave the way for market growth. However, asper the global industrial valves market report, the
instability in the prices of raw materials and the rigorous norm for the
traditional power plant will hamper the market growth.
Industrial Valves Market Segmentation:
Segmentation
by Material
·
Stainless Steel
·
Cast Iron
·
Cryogenic
·
Alloy Based
·
Others
o
Brass
o
Bronze
o
Plastic
Segmentation
by Valve Type
·
Ball Valves
·
Butterfly Valves
·
Check Valves
·
Diaphragm Valves
·
Gate Valves
o
Standard Plate Gate Valves
o
Wedge Gate Valves
o
Knife Gate Valves
·
Globe Valves
·
Plug Valves
·
Safety Valves
Segmentation
by Size
·
Up to 1”
·
1–6”
·
6–25”
·
25–50”
·
50” & Larger
Segmentation
by Industry
·
Oil & Gas
·
Water & Wastewater Treatment
·
Energy & Power
·
Chemicals
·
Food & Beverages
·
Pharmaceuticals
·
Construction
·
Agriculture
·
Pulp & Paper
·
Metals & Mining
·
Others
Segmentation
by Region:
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
North America
o
United States of America
o
Canada
·
RoW
o
South Africa
o
UAE
o
Brazil
o
Saudi Arabia
About GMI
Research
A market research and consulting company, GMI Research,
offers various enterprises with business insights and market research reports.
Our research team accumulates all the relevant information about several
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