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Middle East and Africa Market Industrial Valves Worth $10 Billion by 2019


News provided by

MarketsandMarkets

21 Jan, 2015, 15:30 GMT

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DALLAS, January 21, 2015 /PRNewswire/ --

The report, "Middle East and Africa - Industrial Valves Market By Closure type (Quarter turn, Multi turn, and Others), By Function (Control, Isolation, Check and Others), By Type (Ball, Globe, Plug and Others) and By Application (Oil & gas, Chemical, Municipal, Power, and Mining) - Global Trend & Forecast To 2019" The Middle East and Africa Valve Market is estimated to reach $10 Billion by 2019,with a projected CAGR of 5.7% in the next half a decade.

Browse more than 60 market data tables with 19 figures spread 160 through pages and in-depth TOC on: "Middle East and Africa - Industrial Valves - Global Trend & Forecast To 2019".

http://www.marketsandmarkets.com/Market-Reports/african-valves-market-129581990.html

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 Mining and others.

Inquiry before Buying:  http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=129581990

The Middle East market is also expected to grow at a fair pace in the next half a decade. The demand for industrial valves is expected to be driven by the increasing industrial expansions. The industrial expansions in this region are expected be a direct result of the changing role of the Middle East region, from a raw goods provider to a refined products supplier. High growth of the desalination industry in this region is also expected to be one of the key growth factors driving the demand for industrial valves.

The African market is expected to be one of the fastest growing markets in the next five years.  The oil & gas and power application industry growth is expected to drive the demand for industrial valves in Africa. Water and wastewater application demand as well as petrochemical industry demand would also boost the demand for industrial valves in Africa.

Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=129581990

The Middle East and Africa Valve Market is projected to grow at a CAGR of 5.7% in the next half a decade. Africa is expected to be one of the emerging markets for industrial valves. The increase in demand for oil & gas and power industry applications in this region is the prime driver for market growth.

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.

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Oilfield Equipment Rental Market by Drilling Equipment (Drill Pipe, Drill Collars, Heavy-Wate, Drill Subs), Pressure & Flow Control Equipment (BOP, Valves & Manifolds), Fishing Equipment and Other Equipment - Global Trends and Forecasts to 2019

http://www.marketsandmarkets.com/Market-Reports/oilfield-equipment-rental-market-1083.html

Air Quality Control Systems Market by Technology (Flue Gas Desulfurization (FGD), Electrostatic Precipitators, Nitrogen Oxide (NOx) Control Systems, Scrubber & Mercury Control Systems) & Geography - Global Trends and Forecasts to 2019

http://www.marketsandmarkets.com/Market-Reports/air-quality-control-systems-market-863.html

About MarketsandMarkets 

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.

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SOURCE MarketsandMarkets

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