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Valves Market, by Product type (Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valve

Valves Market, by Product type (Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butterfly Valves, Diaphragm Valves and Other Valves), by Industry(Oil & Gas,(LNG, Petroleum (Upstream, Midstream, Downstream,(Petrochemical)), Power(Fossils(Coal & Oil, Natural Gas, Nuclear Power, Other Power)),Chemicals, Marine, Construction, Pulp & Paper, Mining, Water & Waste Water Treatment and Others), by Screen Size (below 8u201d and 8u201d and above), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027<br>

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Valves Market, by Product type (Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valve

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com COVID-19 Impact Tracker

  2. VALVE MARKET ANALYSIS Valves Market, by Product type (Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butterfly Valves, Diaphragm Valves and Other Valves), by Industry(Oil & Gas,(LNG, Petroleum (Upstream, Midstream, Downstream,(Petrochemical)), Power(Fossils(Coal & Oil, Natural Gas, Nuclear Power, Other Power)),Chemicals, Marine, Construction, Pulp & Paper, Mining, Water & Waste Water Treatment and Others), by Screen Size (below 8” and 8” and above), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. Market Overview The global Valve Market was accounted for US$ 72,862.8 Mn in terms of value in 2019 and is expected to grow at CAGR of 6.8% for the period 2019-2027. Market Dynamics Drivers • Increasing number of oil & gas exploration activities are expected to drive growth of the global valves market during the forecast period • High growth in pipelines sector is expected to propel growth of the global valves market over the forecast period

  4. Figure 1. Market Share

  5. Market Dynamics Restraints • Increasing cost of raw materials and lack of innovations are expected to hinder the global valves market growth over the forecast period • Growing competition from unorganized valves manufacturers is expected to hamper the global valves market growth over the forecast period

  6. Market Opportunities • High growth of refining and power generation industries can provide major growth opportunities • Rising demand for valves in water treatment is expected to present major business opportunities

  7. Figure 2. Market– Opportunity Analysis

  8. Market Trends • Growing plant automation • Extensive use of valves in a plethora of applications • Regulations Adoption of valves has elevated with introduction of governmental regulations towards environment and pollution control. Furthermore, some of the regulations and acts introduced by ASEAN countries for waste and wastewater management are

  9. Figure 3 Value Chain Analysis

  10. Competitive Section • In global Valves Market, by product type, Ball Valves sub-segment dominated the global market in 2019, accounting for 15.0% share in terms of volume, followed by Butterfly Valves, globe Valves, Gate Valves, Pressure Reducing Valves and Safety/Relief Valves respectively. • Key Developments • Key players in the market are focused on capacity expansion, in order to enhance the market presence. For instance, in February 2020, Schlumberger Limited, a U.S.-based oilfield service company, inaugurated its new manufacturing center for manufacturing of isolation valve technologies such as GROVE valves and ORBIT rising stem ball valves in the King Salman Energy Park (SPARK), Saudi Arabia. • Major companies in the market are involved in mergers and acquisitions, in order to gain a competitive edge in the market. For instance, in Emerson Electric Co. acquired General Electric’s Intelligent Platform business, enabling Emerson a global leader in automation for processes and industrial customers

  11. Request Sample Report • Download PDF Brochure • Request Customization • Talk to Analyst BUY NOW For Your Reference: https://www.coherentmarketinsights.com/press-release/valve-market-2905

  12. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  13. Contact Us Mr. Shah Coherent Market Insights Private Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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