Global Control Valves Market, by Type (Ball Valve, Butterfly Valve, Globe Valve, Cryogenic Valve), by End-User (Chemical, Pharmaceutical, Automotive, Oil & Gas, Metal & Mining), by Components (Switches, Actuator, Transducer) - Forecast 2022
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Control Valve Market Research Report- Global Forecast to 2022
1. Control Valve Market Research Report- Global
Forecast to 2022
Market Scenario:
Control valves are used by various industrial sectors which include oil & gas, waste water management,
automotive, pharmaceuticals, chemical and others in order to control temperature, flow, and pressure by
received signals from the controllers. Control valves regulate the rate of fluid flow to maintain a process
variable. Currently, oil & gas and power generation industry is showing highest demand for control valves as it
has ability to control flowing fluid such as gas, stream, water and chemical compound, to reimburse load
disturbance and thereby keep the regulated process close to the desired set point.
Among its various types, globe valves are generally used for controlling. The end part of its structure usually
edged for easy maintenance. Also, the control disk can be moved by hydraulic, pneumatic, electrical or
mechanical actuators.
The major factor that drives the growth of control valve market is growing investment in fluid handling system,
increasing need of automation and rising industrial infrastructure projects among others. The major restraint of
the control valve market is the lack of technical expertise among instrument engineers.
Globally the market for Control Valve market is expected to grow at the rate of more than ~6% from 2016 to
2022.
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Segments for Control Valve Market:
• Global Control Valve Market can be segmented as follows:
• Segmentation by Types: ball valve, butterfly valve, cryogenic valve, and globe valve
among others
• Segmentation by Components: positioners, switches, transducers, actuators, PC
diagnostic software, and pneumatic lock up systems among others.
• Segmentation by End-Users: Oil & gas, chemicals, food & beverage, automotive,
metal & mining and pharmaceuticals among others.
Target Audience:
• OEM manufacturers
• Automotive industries
• Distributors & Suppliers
• Research organizations
• Government
• Oil& gas and mining sectors
4. Application & Major Players in this Research:
The key players profiled in Global Control Valve Market report include-
• Burkert Fluid Control Systems (Germany),
• Crane Co. (U.S.),
• Velan, Inc. (Canada),
• Pentair Limited (UK),
• Flowserve Corporation (U.S.),
• Dual Products Intl. Cc (South Africa),
• Metso Corporation (Finland),
• Samson AG (Germany),
• MIL Control Limited (India),
• IMI Plc. (UK)
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