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Industrial valves market growing at a cagr of 5.3% between 2016 and 2021

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Global Industrial Valves market accounted for USD 65.0 Billion in 2015 and is expected to reach USD 88.4 Billion by 2021, growing at a CAGR of around 5.3% between 2016 and 2021.

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Industrial valves market growing at a cagr of 5.3% between 2016 and 2021

  1. 1. Published By: Zion Market Research Industrial Valves (Gate, Butterfly, Ball, Check, Globe) Market for Oil & Gas, Chemical, Power, Water & Wastewater and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021 Contact Us: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States Tel: +1-386-310-3803 GMT Tel: +49-322 210 92714 USA/Canada Toll Free No.1-855-465-4651 sales@zionmarketresearch.com
  2. 2. Industrial Valves Market Zion Research has published a new report titled “Industrial Valves Market by Type (Gate, Butterfly, Ball, Check, and Globe) Market for Oil & gas, Chemical, Power, Water & Wastewater and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 - 2021.” According to the report, the global Industrial Valves market accounted for USD 65.0 Billion in 2015 and is expected to reach USD 88.4 Billion by 2021, growing at a CAGR of around 5.3% between 2016 and 2021. Developing countries such as India, China & Brazil are continuously expanding their industrial infrastructure. Rising urbanization has led industrial valve market to grow rapidly from past few years. Increasing offshore oil and gas projects across the globe, rising demand from manufacturing & process industry due to improved safety and reduced operating costs, ongoing efforts to expand water infrastructures in developing countries are the major factors expected to favor the growth of industrial valve market. Browse the full "Industrial Valves Market (Gate, Butterfly, Ball, Check, Globe) Market for Oil & Gas, Chemical, Power, Water & Wastewater and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/industrial-valves-market
  3. 3. Industrial Valves Market On a contrary, uncertainty in crude oil prices which makes project economically unstable may hamper the market growth over the years to come. Nonetheless, rising demand of energy from all sectors is expected to open up new growth opportunities in the coming years.
  4. 4. Industrial Valves Market Ball valve accounted 20% of revenue share of the overall market in 2015. Ball valves are quarter-turn, straight-through valves used in situations where tight shut-off is required. Use of gate valves in application sector such as oil and gas industry, pharmaceuticals, manufacturing, automotive, and marine is expected to experience significant growth in the forecast period. Along with 22% revenue share oil & gas application segment emerged as a largest application segment in 2015. Increasing pipeline installations and need for monitoring & controlling from centralized location has prompted the growth & demand of industrial valves. Ongoing efforts to expand water infrastructures in developing countries are expected to show significant growth in water & wastewater application segment. Request for sample report @ https://www.zionmarketresearch.com/sample/industrial-valves- market Ongoing efforts to expand water infrastructures in India ,China and Indonesia coupled with increasing demand from chemical and mining industries is fueling the growth of the market in Asia Pacific region. Africa is considered as a one of the most attractive market for industrial valves due to rising power sector. Oil & gas production is one of the major driving factors for escalating demand for industrial valve in North America. Key players profiled in the report include Alfa Laval, Velan Inc., GWC Valve International Inc, Delta Pacific Valves Ltd., Cameron International, Goodwin Plc , Camtech Valves , Pentair Plc. , Neway Valve (Suzhou) Co., Ltd. and Valvitalia S.P.A amongst others.
  5. 5. Industrial Valves Market This report segment of the global of industrial valves market as follows: Industrial Valves Market: Type Segment Analysis  Gate valve  Butterfly valve  Ball valve  Check valve  Globe valve Industrial Valves Market: Application Segment Analysis  Oil & gas  Chemical  Power  Water & wastewater  Other application Industrial Valves Market: Regional Segment Analysis  North America  Europe  Asia Pacific  Latin America  Middle East & Africa
  6. 6. Industrial Valves Market Request for sample report @ https://www.zionmarketresearch.com/sample/industrial-valves- market Browse the full "Industrial Valves Market (Gate, Butterfly, Ball, Check, Globe) Market for Oil & Gas, Chemical, Power, Water & Wastewater and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/industrial-valves-market Zion Market Research Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States Tel: +1-386-310-3803 GMT +49-322 210 92714 Tel: +1-855-465-4651 (US/CAN TOLL FREE) Email: sales@zionmarketresearch.comWeb:www.zionmarketresearch.com

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