Title: industrial valve manufacturers
1 industrial valve manufacturers Market Research
Report By Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2industrial valve manufacturers Market Forecast
To 2023
industrial valve manufacturers Market Forecast To
2023
- According to the report by Market Research Future
(MRFR), the global industrial valve manufacturers
market is poised to register a market valuation
of USD 90.77 billion by 2023, at a moderate CAGR
of 4.53, over the forecast period.
3industrial valve manufacturers Market Forecast
To 2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on industrial valve
manufacturers Market Forecast To 2023
- The global industrial valve manufacturers market
is expected to witness this remarkable growth
owing to several driving factors such as the
rapid industrialization taking place in the
developing countries across the globe. In
addition, the continual advancements to increase
the output in the process manufacturing units
contribute towards the increasing demand for
technologically advanced industrial valve
manufacturerss over the review period.
4industrial valve manufacturers Market Forecast
To 2023
Global industrial valve manufacturers Market
Segmented on the basis of
The global industrial valve manufacturers market
is segmented on the basis of type, material, and
end-use verticals. The types of industrial valve
manufacturerss available in the market are ball
valves, butterfly valves, check valves, gate
valves, globe valves, pinch valve, and plug
valves. The ball valves segment is expected to
reach a substantial market share over the review
period, owing to the increading adoption of ball
valves in the oil and gas sector. In addition,
the plug valves segment is slated to record the
highest growth rate over the assessment period,
due to the increasing demand from chemical
companies. The materials used in the market are
alloy-based, brass, cast iron, cryogenic,
stainless steel, and others. The cryogenic
material segment is poised to register the
fastest growth rate due to their property of
superior functionality in both, low temperature
and under high pressure settings. Consequently,
this is expected to drive the demand for
cryogenic plug valves in industries such as oil
and gas, and chemicals over the review period.
The end-user industry verticals that contribute
towards the demand of industrial valve
manufacturerss are chemicals, construction,
energy power, food and beverages, oil gas,
pulp and paper, water and wastewater treatment,
and others.
5industrial valve manufacturers Market Forecast
To 2023
Global industrial valve manufacturers Market -
Geographical Analysis
- On the basis of region, the market has been
segmented into Asia Pacific, Europe, North
America, and the rest of the world. - North America is assessed as the largest regional
market for industrial valve manufacturerss and is
expected to record the largest market share over
the review period. This is attributed to the
established industry verticals such as oil and
gas, energy and power, chemicals, among others,
are contributing towards the robust demand for
industrial valve manufacturerss. Moreover, the
presence of established industrial verticals is
also expected to fuel the demand, and
consequently the market share for industrial
valve manufacturerss in North America over the
assessment period. - The Asia Pacific market for industrial valve
manufacturerss is projected to record the fastest
growth rate and a substantial market share over
the review period. This is attributed to the rise
in power generation, owing to the population
growth and rapid industrialization in the
emerging economies in the region,
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6industrial valve manufacturers Market Forecast
To 2023
Global industrial valve manufacturers Market -
Competitive Analysis
- The key market players identified by MRFR
include AVK Holding A/S (Denmark), Conbraco
Industries Inc. (US), Crane Co. (US),Emerson
(US), Flowserve Corporation (US), IMI PLC (US),
Kitz Corporation (Japan), Schlumberger Limited
(US), Neway Valve (Suzhou) Co., Ltd. (China), and
Weir Group (UK).
- Browse Report _at_ https//www.marketresearchfuture.c
om/reports/industrial-valve-market-7536
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