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Industrial Valve Market Research Report By Forecast 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
Industrial Valve Market Forecast To 2023 Industrial Valve Market Forecast To 2023 • According to the report by Market Research Future (MRFR), the global industrial valve market is poised to register a market valuation of USD 90.77 billion by 2023, at a moderate CAGR of 4.53%, over the forecast period. 2 www.marketresearchfuture.com
Industrial Valve Market Forecast To 2023 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on Industrial Valve Market Forecast To 2023” • The global industrial valve market is expected to witness this remarkable growth owing to several driving factors such as the rapid industrialization taking place in the developing countries across the globe. In addition, the continual advancements to increase the output in the process manufacturing units contribute towards the increasing demand for technologically advanced industrial valves over the review period. 3 www.marketresearchfuture.com
Industrial Valve Market Forecast To 2023 Global Industrial Valve Market Segmented on the basis of The global industrial valve market is segmented on the basis of type, material, and end-use verticals. The types of industrial valves available in the market are ball valves, butterfly valves, check valves, gate valves, globe valves, pinch valve, and plug valves. The ball valves segment is expected to reach a substantial market share over the review period, owing to the increading adoption of ball valves in the oil and gas sector. In addition, the plug valves segment is slated to record the highest growth rate over the assessment period, due to the increasing demand from chemical companies. The materials used in the market are alloy-based, brass, cast iron, cryogenic, stainless steel, and others. The cryogenic material segment is poised to register the fastest growth rate due to their property of superior functionality in both, low temperature and under high pressure settings. Consequently, this is expected to drive the demand for cryogenic plug valves in industries such as oil and gas, and chemicals over the review period. The end-user industry verticals that contribute towards the demand of industrial valves are chemicals, construction, energy & power, food and beverages, oil & gas, pulp and paper, water and wastewater treatment, and others. 4 www.marketresearchfuture.com
Industrial Valve Market Forecast To 2023 Global Industrial Valve Market - Geographical Analysis • On the basis of region, the market has been segmented into Asia Pacific, Europe, North America, and the rest of the world. • North America is assessed as the largest regional market for industrial valves and is expected to record the largest market share over the review period. This is attributed to the established industry verticals such as oil and gas, energy and power, chemicals, among others, are contributing towards the robust demand for industrial valves. Moreover, the presence of established industrial verticals is also expected to fuel the demand, and consequently the market share for industrial valves in North America over the assessment period. • The Asia Pacific market for industrial valves is projected to record the fastest growth rate and a substantial market share over the review period. This is attributed to the rise in power generation, owing to the population growth and rapid industrialization in the emerging economies in the region, Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/7536 5 www.marketresearchfuture.com
Industrial Valve Market Forecast To 2023 Global Industrial Valve Market - Competitive Analysis • The key market players identified by MRFR include AVK Holding A/S (Denmark), Conbraco Industries Inc. (US), Crane Co. (US),Emerson (US), Flowserve Corporation (US), IMI PLC (US), Kitz Corporation (Japan), Schlumberger Limited (US), Neway Valve (Suzhou) Co., Ltd. (China), and Weir Group (UK). • Browse Report @ https://www.marketresearchfuture.com/reports/industrial-valve-market-7536 6 www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clientsto see more, know more, and do more,which help to answer all their mostimportantquestions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visitsfor its research analyst members. For more informationkindly visitwww.marketresearchfuture.comor contactus at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated,copied, quoted, or otherwisereproduced withoutthe written approvalof Market Research Future. 7 www.marketresearchfuture.com
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