Industrial Valves Market Size, Share Analysis Report
Industrial Valves Market Size, Share Analysis Report
"All research and analysis data in the credible Industrial Valves Market report is mapped into an actionable model, with strategic recommendations from experts. Client needs are well understood by experts who utilize their expertise and strong knowledge base to identify and evaluate competition and develop strategic programs, with both short-term and long-term goals. This industry analysis report recognizes and analyzes emerging trends along with key drivers, challenges, and opportunities in the Industrial Valves Market industry. The winning Industrial Valves Market Report provides extensive statistical analysis of the market's ongoing positive development, capacity, production, production value, costs/profits, supply/demand, and import/export
Businesses today prefer market research reports like Industrial Valves Market reports as they help in making better decisions, generating more revenue, prioritizing market goals and achieving profitable business. This market report contains chapters on the global market and related companies along with their profiles, which provide important data regarding their insights in terms of finances, product portfolios, investment plans, and market and business strategies. Exploitation of existing statistical tools and coherent models for market data analysis and forecasting makes the Industrial Valves Market research report perform better.
Global Industrial Valves Market was valued at USD 73.50 billion in 2021 and is expected to reach USD 101.06 billion by 2029, registering a CAGR of 4.06% during the forecast period of 2022-2029.
Explore Further Details about This Research Industrial Valves Market Report https://www.databridgemarketresearch.com/reports/global-industrial-valves-market
Report Scope and Market Segmentation
REPORT METRIC
DETAILS
Forecast Period
2022 to 2029
Base Year
2021
Historic Years
2020 (Customizable to 2014- 2019)
Quantitative Units
Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered
Type (Gate Valve, Globe Valve, Ball Valve, Butterfly Valve, Diaphragm Valve, Check Valve, Plug Valve, Pinch Valve, Needle Valve, Pressure Relief Valve and Others), Function (Isolation, Regulation, Safety Relief Valve, Special Purpose and Non-Return), Material (Ductile Iron, Carbon Steel, Plastic, Brass, Bronze, Copper, Aluminium and Others), Accessories (Hydraulic Filter, Power Cable, Mounting Screw and Bolts, Seal Kits, Dust Protection Cover and Others), Size (1 Inch to 6 Inch, 6 Inch to 12 Inch, 12 Inch to 24 Inch, 24 Inch to 48 Inch and Above 48 Inch), Application (Oil and Gas, Water and Waste Treatment, Chemical, Energy and Utilities, Food and Beverages, Pharmaceutical, Agriculture, Marine, Automotive, Metals and Mining, Paper and Pulp and Others)
Countries Covered
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
Market Players Covered
Emerson Electric Co. (US), Schlumberger Limited. (US), Flowserve Corporation (US), IMI (India), Metso Corporation (Finland), GE VALVE (India), Curtiss-Wright Corporation (US), Crane Co. (US), Neway valve. (China), McWane, Inc. (US), ALFA LAVAL (Sweden), Rotork (UK), KITZ Corporation (Japan), KSB SE & Co. KGaA (Germany), Velan Inc. (Canada), Honeywell. (US), Spirax-Sarco Engineering plc (UK), SAMSON AG (Germany), Forbes Marshall (India), and Swagelok Company (US), among others
Market Opportunities
Use of IoT and Industry 4.0 in industrial valves
Rise in the industrial equipment performance
Rise in the use of fluid handling systems in the pharmaceutical sector
Industrial Valves Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Infrastructural Developments
The increase in number of infrastructure-related developments is one of the major factors driving the growth of industrial valves market. The rise in infrastructure-related projects escalating private participation in infrastructure (PPI) to invest more generate more demand for industrial valves.
Enhancement of Industrial Equipment
The rise in the industrial equipment performance and lubricant life with continuous filtration of lubricants accelerate the market growth. Also, the continuous use of these system assists in lowering machinery repair costs along with the production downtime.
Use in Pharmaceutical Sector
The rise in the use of industrial valves in the pharmaceutical sector to avoid contamination that may occur due to inefficient chemical handling accelerate the market growth. The integration of the industrial valves in the pharmaceutical sector has become crucial with the need for high-quality pharmaceutical products.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the industrial valves market.
Opportunities
Furthermore, use of IoT and Industry 4.0 in industrial valves and expansion of refineries and petrochemical plants extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, manufacturing of industrial valves through 3D printing and need for replacement of outdated valves will further expand the market.
Key Insights Of Industrial Valves Market Report
The report comprises a detailed analysis of different segments and offers market valuations between 2023 to 2030.
This study presents the analytical depiction of the Industrial Valves Market with the current trends and future estimations to determine the imminent investment pockets
The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global Industrial Valves Market
The forecast period of the Industrial Valves Market is assessed from 2024 to 2030 to highlight the Industrial Valves Market growth scenario.
Porter’s five forces analysis establishes the effectiveness of the buyers and suppliers in the business line.
The key players in the industry are profiled to gain an understanding of the strategies adopted by them.
This report provides the current trends and future estimations during the forecast period, which in turn aids in identify the prevailing market opportunities.
The company portfolio includes company synopsis, operating business sectors, business overview, product/service categories, and recent growth strategies adopted by them.
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