Scope of the Study
Industrial valves are devices that regulate the flow of gases, liquids or loose materials through an aperture, such as a pipe, by opening, closing or passageway or obstructing a port. Industrial valves control system or process fluid flow and pressure by performing any of the following functions are stopping and starting fluid flow, varying (throttling) the amount of fluid flow, controlling the direction of fluid flow, regulating downstream system or process pressure, and relieving component or piping overpressure.
The market study is being classified by Type (Ball Valve, Globe Valve, Gate Valve, Butterfly Valve, Plug Valve, Safety Valve, Check Valve, Diaphragm Valve and Others) and major geographies with country level break-up.
Emerson (United States), Honeywell International Inc. (United States), Schlumberger Limited (United States), Flowserve (United States), IMI PLC (United Kingdom), Spirax Sarco (United Kingdom), Crane Co. (United States), Alpha Laval (Sweden), FMC Technologies (United States), KSB SE & Co. KGaA (Germany), Larsen & Toubro Limited (India), CIRCOR International, Inc (United States), Weir Group plc (United Kingdom) and Curtiss Wright (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Flowserve (United States), IMI PLC (United Kingdom), Spirax Sarco (United Kingdom), Crane Co. (United States), Kitz Corporation (Japan), Metso Corporation (Finland), Neway Valve (Suzhou) Co., Ltd. (China), Velan Inc. (Canada), Samson AG (Germany), AVK Holding A/S (Denmark), Avcon Controls (India), Forbes Marshall (India), Swagelok (United States), HamLet (Israel), Dwyer Instruments (United States), KIM Valves (Australia) and Apollo Valves (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.The Manufacturers having a strong hold in the market are Emerson, Honeywell International Inc., Schlumberger Limited, and Flowserve. Research Analyst at AMA predicts that United States and European Manufacturers will contribute to the maximum growth of Global Industrial Valves market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Industrial Valves market by Type, Application and Region.
On the basis of geography, the market of Industrial Valves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand From End-use Industry
- Rising Chemical and Oil and Gas Sector
- Rising Rapid Industrialization in Developing Economies
- Fluctuating Raw Material Prices
- Technological Advancement and Development in the Industrial Valves
On 3rd February 2020, Emerson has introduced the ASCO Series 158 Gas Valve and Series 159 Motorized Actuator. Designed specifically for burner-boiler applications, the new products give OEMs, distributors, contractors and end-users a new combustion safety shutoff valve option that increases safety and reliability and enhances both flow and control.
Key Target AudienceIndustrial Valves Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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