DALLAS, April 23, 2015 /PRNewswire/ --
The report "Industrial Valves Market by Type (Ball, Globe, Gate, Butterfly and Others), by Application (Oil & gas, Chemical, Municipal, Power, and Others) and by Region (North America, Latin America, Middle East and Africa, Asia-Pacific, and Europe) - Global Trend & Forecast to 2019", defines and segments the Industrial Valves Market with analysis and forecasts of market size for the global industrial valves market. It also identifies driving and restraining factors for the industrial valves market with analysis of trends, opportunities and challenges.
Browse 72 market data tables and 89 figures spread through 180 pages and in-depth TOC on Industrial Valves Market - Global Trend & Forecast to 2019
Early buyers will receive 10% customization on this report.
Industrial valves are devices used for flow regulation and control in piping systems. Valves are used to regulate, start and stop, or control the direction of a fluid or gas, flowing through the piping system. The Industrial Valves Market has been segmented on the basis of its application in industries viz. Oil & gas, Chemical, Municipal, Power, and others.
Make a Report Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=256097136
The Industrial Valves Market is expected to grow at a fair pace in the next half a decade. The demand for industrial valves is expected to be driven by significant expansions in the oil & gas, municipal, and power sector. One of the fast growing markets for industrial valves is the Middle East and Africa region. Demand for valves in Middle East is expected be a direct result of its changing role in the global manufacturing scenario; from a raw goods provider to a refined products supplier. The oil & gas and power application industry growth is expected to drive the demand for industrial valves in Africa. Water and wastewater industry demand as well as expanding downstream oil & gas sector in key countries like India and China would boost the demand for industrial valves in Asia-Pacific. One of the significant factors limiting growth of industrial valves is the waning demand from mining industry. Key markets such as Australia and South Africa have been experiencing slowdown in mining sector, ensuing decreased demand for valves.
The Global Industrial Valves Market is projected to grow at a CAGR of 5.4% in the next half a decade & with estimation to surpass $70 Billion by 2019. Latin America, and Middle East and Africa are expected to be emerging markets for industrial valves. Asia-Pacific market is expected to grow at the fastest rate as compared to other regions.
The leading players in industrial market include Pentair Ltd. (Switzerland), Flowserve Corporation (U.S.), Emerson Electric (U.S.), FMC technologies (U.S.), and Alfa Laval AB (Sweden). The companies are continually investing in R&D to introduce valves to suit the growing technological requirements in the application industries.
Browse Related Reports
Artificial Lift Market by Mechanism (Positive Displacement, Dynamic Displacement & Gas Assisted) & Types (Rod Lift, ESP, PCP, Gas Lift) - Global Trends & Forecasts to 2019
Metering Pump (Dosing/Chemical Injection) Market, by Type (Diaphragm & Plunger/Piston) and Application (Water & Wastewater, Oil & Gas, Chemical, Pharmaceutical, Food & Beverages, Pulp & Paper)- Global Trends & Forecasts to 2017
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Subscribe Reports from Energy & Power Domain @http://www.marketsandmarkets.com/Subscription.html
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets