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The industrial valves market was valued at US$64.241 billion in 2018 and is projected to expand at a CAGR of 4.41% over the forecast period to reach US$83.218 billion by 2024. The industrial valves market is expected to grow at a steady pace owing to the new designs and technologies being incorporated in the industrial valves.
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Industrial Outlook of Industrial Valves Market by Knowledge Sourcing Intelligence Introduction The industrial valves market was valued at US$64.241 billion in 2018 and is projected to expand at a CAGR of 4.41% over the forecast period to reach US$83.218 billion by 2024. Valves are mechanical devices that control the flow and pressure of liquids, gases, and slurries within a system. They are an essential part of pipelines and multiple processes across many industries. Industries such as chemical, power, metal working, and oil and gas all have an increasing demand for innovative valves that meet the industry’s requirements. Recent incidences of accidents in factories and manufacturing facilities due to faulty valves are demanding for high-performance industrial valves that provide better security to the equipment and the workers.
Thus, advanced technologies are increasingly being incorporated in the design of the valves so as to provide better security to the equipment in the industries. For instance, automatic valves are gaining traction in the global market owing to the advantages offered such as advanced preventive maintenance ability, thus eliminating the shutting down of the operation. Rapid changes in technology and the capabilities of computer-generated control systems is leading to the increased adoption of automatic valves by the industries. Thus, the industrial valves market is expected to grow at a steady pace owing to the new designs and technologies being incorporated in the industrial valves. For More Information Visit Here: Market Research Reports Segments and Table Content: Table of Content 1. INTRODUCTION 1.1. Market Overview 1.2. Market Definition 1.3. Scope of the Study 1.4. Currency 1.5. Assumptions 1.6. Base, and Forecast Years Timeline 2. RESEARCH METHODOLOGY 2.1. Research Design 2.2. Secondary Sources 3. EXECUTIVE SUMMARY 4. MARKET DYNAMICS 4.1. Market Segmentation 4.2. Market Drivers 4.3. Market Restraints 4.4. Market Opportunities 4.5. Porter’s Five Forces Analysis 4.5.1. Bargaining Power of Suppliers 4.5.2. Bargaining Power of Buyers 4.5.3. Threat of New Entrants 4.5.4. Threat of Substitutes 4.5.5. Competitive Rivalry in the Industry 4.6. Life Cycle Analysis - Regional Snapshot 4.7. Market Attractiveness 5. INDUSTRIAL VALVES MARKET BY TYPE 5.1. Ball Valves 5.2. Butterfly Valves 5.3. Check Valves 5.4. Diaphragm Valves 5.5. Globe Valve 5.6. Gate Valve
5.7. Plug Valves 5.8. Safety Valves 6. INDUSTRIAL VALVES MARKET BY MATERIAL 6.1. Stainless Steel 6.2. Cast Iron 6.3. Cryogenic 6.4. Alloy 6.5. Others 7. INDUSTRIAL VALVES MARKET BY INDUSTRY VERTICAL 7.1. Oil & Gas 7.2. Energy & Power 7.3. Water & Wastewater Treatment 7.4. Chemical 7.5. Food & Beverage 7.6. Pharmaceutical 7.7. Agriculture 7.8. Others 8. INDUSTRIAL VALVES MARKET BY GEOGRAPHY 8.1. North America 8.1.1. USA 8.1.2. Canada 8.1.3. Mexico 8.2. South America 8.2.1. Brazil 8.2.2. Argentina 8.2.3. Others 8.3. Europe 8.3.1. Germany 8.3.2. France 8.3.3. United Kingdom 8.3.4. Spain 8.3.5. Italy 8.3.6. Others 8.4. Middle East and Africa 8.4.1. Israel 8.4.2. Saudi Arabia 8.4.3. Turkey 8.4.4. Others 8.5. Asia Pacific 8.5.1. China 8.5.2. Japan 8.5.3. South Korea 8.5.4. India 8.5.5. Others 9. COMPETITIVE INTELLIGENCE 9.1. Competitive Benchmarking and Analysis 9.2. Recent Investments and Deals 9.3. Strategies of Key Players
10. COMPANY PROFILES 10.1. Eaton 10.2. Emerson Electric Co. 10.3. General Electric Company 10.4. Flowserve Corporation 10.5. The Weir Group PLC 10.6. IMI PLC 10.7. DAHER 10.8. KITZ Corporation 10.9. METSO 10.10. Spirax Sarco Limited.
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