DUBLIN, June 28, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Industry Check Valves Market 2017-2021" report to their offering.
The global industry check valves market to grow at a CAGR of 4.52% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global industry check valves market for 2017-2021. The market size is calculated based on the demand for check valves in industries such as oil and gas, chemical, power, and water and wastewater treatment. The market has been segmented based on end-user and geography. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is investments in water and wastewater treatment. Sewage wastewater recycling is a major concern for many countries worldwide to protect their environment and prevent water contamination. This has led local municipalities and governments to allocate a special budget for wastewater management and purification solutions.
According to the report, one of the major drivers for this market is increase in demand from food and beverage sector. Rising population, rapid urbanization, and an increase in disposable income in countries such as China and India have increased the demand for processed food and other food and beverages. Rise in investments in food and beverage processing plants will help in catering to the increased demand for processed food globally. There are several grades of steam used in processing food to avoid contamination.
Further, the report states that one of the major factors hindering the growth of this market is volatility in raw material prices. Copper, stainless steel, cast iron, aluminum, brass, bronze, and other metal alloys are the most common raw materials used in the manufacturing of check valves. These materials have volatile prices that affect manufacturers as well as the end-user segments. The expanding gap between demand and supply has increased the cost of raw materials.
- The Weir Group
Other prominent vendors
- Alfa Laval
- AVK Group
- Camtech Manufacturing FZCO
- CIRCOR Energy
- Neway Valve
- VALVITALIA Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/c25jtd/global_industry
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SOURCE Research and Markets