The Global Industrial Valve Market has been following a steady growth rate throughout and the trend is projected to reach a CAGR of XX% by 2022. Currently, with the growth of Wastewater Treatment Industry, the Industrial Valve Market has a pretty strong lifeline. The rise in population density in urban areas has to lead to an increased requirement for fresh and high-quality water. Although these needs have been catered to the common masses through various well-developed water treatment plants but the handling procedures by the distribution facilities result in contaminating the water during the transportation contradicting the initial cause. This will coerce the Government into improving the Water treatment infrastructures across the Globe. As a result, the growth of the Industrial valve market will be cemented since these valves are significant parts to monitor and control the water transportation and treatment procedures.Market Dynamics
The Global Industrial Valve Market is predominantly propelled by the developing economies. With the development of economies, the population and urbanization boost affecting the growth of infrastructural projects. This increment has pushed major world powers like China and India in expanding their Infrastructural projects, which includes Desalination plants and power generation plants, which mostly requires types of equipment for fluid control. Presently due to the fluctuating oil prices (mostly low), the refineries capture a lot of profits and in turn, the demand for the same is skyrocketing along with lower costs for feedstock. Consequently, the fall in Chinas economy has lowered demand for various industries, which includes the valve industries as well.Market Segmentation
The Global Industrial Valve Market is segmented on the basis of two components namely: Product types, and End-user industry.
- Segmentation based on Product types includes Quarter-turn valves, Multi-turn valves, Actuators and Control Valves. The Quarter-turn valves have been dominating the Industrial valves market through its major shares due to factors such as generic design and affordability and the continuous need of valves in the water treatment plants is prophesized to be the contributing factor in the growth of this segment.
- And Segmentation based on End-user industry includes Oil and gas, water and wastewater, power, mining and minerals, and Chemicals. In this segmentation, the Oil and gas industry is projected to be the potential major revenue engaging industry in the market. This can be forecasted based on the increased investments in pipelines as well as the exploration of new oil and gas fields in countries like Africa.
The Industrial Valve Market is divided by geography into Europe, North-America, South-America, Middle-East Africa and Asia-Pacific. Highlighting the increased investment in pipelines, the Middle-East, North-America and the Asia-Pacific can be considered as the rapidly growing regions in the globe.
The Industrial valves markets growth opportunities mainly reside in the African and Middle-East regions because of the expanding oil and gas pipelines and, manufacturing capacities. Other than that, the industrial market is currently hampered due to the price war among vendors and Government regulations and policies, which can only be lifted by product differentiation and production of margin valves. Following the solution, the market can be adapted to vulnerability and competition.Key Players
Some of the major players in the market include:
- Pentair Ltd.
- Flowserve Corporation
- Emerson Electric Co.
- FMC Technologies
- L&T Valves Ltd.
- Curtiss-Wright Corp.Report Contents
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key PlayersRegional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Rest of Eastern Europe
> Asia Pacific
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology
> Extensive Industry Structure Coverage
Publisher Name : Market Litmus