Africa Industrial Valves Market to Reach $4 Billion by 2021 - African Countries are Increasing their Focus on Developing Industrial/Non Oil Sectors - Research and Markets

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03 Mar, 2017, 15:15 GMT

DUBLIN, Mar 03, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Africa Industrial Valves Market By Type, By End User, By Country, Competition Forecast and Opportunities, 2011-2021" report to their offering.

The industrial valves market in Africa is forecast to surpass $4 billion by 2021. Africa industrial valves market has been segmented on the basis of type into ball valve, gate valve, globe valve, butterfly valve, plug valve and others.

In Africa, industrial valves are being pre-dominantly used at oil & gas production sites, in order to regulate flow of crude oil and natural gas. Moreover, industrial valves are deployed in oil & gas pipelines network to manage the flow within the network. With oil & gas sector being one of the major revenue generating sectors for most of the major African economies such as Nigeria, Egypt and Algeria, demand for industrial valves continues to witness consistent rise in the region.

Over the past few years, various African countries have also increased their focus on developing other industrial/non-oil sectors. Anticipated rise in investments for strengthening and expanding industrial infrastructure is also expected to boost demand for industrial valves in the region through 2021. Major global industrial valve manufacturers operating in Africa through their sales offices and channel partners include Flowserve, Pentair Ltd., Emerson Process Management, and Weir Group.

Moreover, ball valve and gate valve dominated Africa industrial valves market, as these valves cumulatively garnered a market share of over 40% in 2015, and these valves are further anticipated to continue their dominance in the coming years as well. Furthermore, Nigeria and Egypt were the largest industrial valves markets in Africa over the last five years, and these countries are forecast to continue their market dominance through 2021.

Companies Mentioned

  • AVK Holding A/S
  • Alpha Laval AB.
  • Cameron International
  • Emerson Process Management
  • Flowserve Corporation
  • ITT Inc.
  • L&T Valves Limited
  • METSO
  • Pentair Ltd
  • Weir Group

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Africa Industrial Valves Market Overview

5. Africa Industrial Valves Market Outlook

6. Africa Industrial Valves Market Country Analysis

7. Nigeria Industrial Valves Market Outlook

8. Egypt Industrial Valves Market Outlook

9. Angola Industrial Valves Market Outlook

10. Algeria Industrial Valves Market Outlook

11. South Africa Industrial Valves Market Outlook

12. Morocco Industrial Valves Market Outlook

13. Rest of Africa Industrial Valves Market Outlook

14. Market Dynamics

15. Market Trends & Developments

16. Competitive Landscape

17. Strategic Recommendations

For more information about this report visit http://www.researchandmarkets.com/research/cxb6w2/africa_industrial

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Laura Wood, Senior Manager
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SOURCE Research and Markets