Industrial Valves Market Size, Share, Demand, Trends, Growth and Opportunities Forecast to 2025

According to IMARC Group’s latest report, titled “Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global industrial valves market grew at a CAGR of around 4% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025.

Industrial valves are mechanical devices used to regulate the flow and pressure of liquids, gases, and slurries in a piping system. The major components of valves are body (or enclosure), bonnet, actuator, valve member and seat. Industrial valves assist in stopping the flow rate through the pipe whenever required, prevent flow return to the pressurized side and protect equipment from overpressure hazards. These valves are available in numerous types based on different sizes, designs, functions and operations. As a result, industrial valves are widely adopted across the chemical, pharmaceutical, water & wastewater treatment, food and beverage (F&B), power, and oil & gas sectors.

Rapid industrialization, along with the increasing automation in industrial processes, is currently bolstering the industrial valves market. Apart from this, the growing number of oil and gas (O&G) exploration activities in both onshore and offshore locations, is further propelling the demand for industrial valves. Additionally, continuous upgradations in nuclear power stations and petroleum refining plants for remote monitoring from a centralized locations are further augmenting the market growth. Moreover, the rising integration of industrial valves with smart water metering systems in water and wastewater treatment plants will continue to drive the industrial valves market growth in the coming years.

Request for a free sample copy of this report: https://www.imarcgroup.com/industrial-valves-market/requestsample

Industrial Valves Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape:

The competitive landscape of the industrial valves market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:
• AVK Holding A/S
• Cameron International Corporation (Schlumberger)
• The Crane Company
• Emerson Electric Co.
• Flowserve Corporation
• Forbes Marshall
• IMI Plc
• Kitz Corporation
• Neway Valves (Suzhou) Co. Ltd.
• Samson AG and Velan Inc.

The report has segmented the global industrial valves market on the basis of product type, functionality, material, size, end use industry and region.

Breakup by Product Type:
• Gate Valve
• Globe Valve
• Butterfly Valve
• Ball Valve
• Check Valve
• Plug Valve
• Others
 
Breakup by Functionality:
• On-Off / Isolation Valves
• Control Valves
 
Breakup by Material:
• Steel
• Cast Iron
• Alloy Based
• Others
 
Breakup by Size:
• Up To 1”
• 1”-6”
• 7”-25”
• 26”-50”
• 51” and Above
 
Breakup by End Use Industry:
• Oil and Gas
• Power
• Pharmaceutical
• Water and Wastewater Treatment
• Chemical
• Food and Beverage
• Others
 
Breakup by Region:
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Explore full report with table of contents: https://www.imarcgroup.com/industrial-valves-market 

Key highlights of the report:

• Market Performance (2014-2019) 
• Market Outlook (2020- 2025)
• The Impact of COVID-19 on the Global Market
• Market Drivers and Success Factors
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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