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Control valves plays significant role for increasing profitability, efficiency and safety of process industries. The providers of control valves are persistently upgrading and evolving their technology and research and development events in order to meet the ever-changing demands of the manufacturers of several different industries.
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Control Valves Market Industry Overview The control valve market was valued at USD 11.4 billion by 2024, registering a CAGR 6.9% during the forecast period (2018 – 2024). They are extensively being used for regulating process variables such as temperature, flow, fluid level and pressure in the process industries such as chemicals, oil & gas, power generation, food & beverages, mining, water management and pharmaceuticals segment.
Control Valves Market Control valves plays significant role for increasing profitability, efficiency and safety of process industries. The providers of control valves are persistently upgrading and evolving their technology and research and development events in order to meet the ever changing demands of the manufacturers of several different industries. Moreover, increasing demand for automation and increasing investment avenues among the process industries such as oil & gas industry along with huge number of projects for industrial development in several developing economies are the major factors driving the growth of global control valves market.
Control Valves Market Geographic Overview: Geographically, Asia-Pacific has been generating largest revenue of in 2017 and is further projected to generate largest revenue by 2024 in the global control valves market. Explore Full Report Sample at: https://www.vynzresearch.com/chemicals-materials/control-valves-market
Control Valves Market Competitive Insight Some of the key players in the global control valves market include Burkert Fluid Control System, Curtiss-Wright Corporation, Emerson, Flowserve Corporation, Crane Co., Alfa Laval, Velan Inc., Samson AG, Pentair PLC., and Kitz Corporation.
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