Valves are
regulatory devices that control the flow of fluids in several
domestic and industrial applications. They are also used to control
the volume, pressure, rate and direction of the flow of fluis.They
are used for different industrial purposes and are categorized under
the industrial valves segment. Valves gained popularity during the
industrial revolution and are still widely used across the globe.
Most valves comprise two major parts: body and bonnet. The body
contains all internal parts, whereas the bonnet acts as a covering
for the valve body to aid its function. Industrial valves are broadly
categorized into two types: standard valve and automatic valve.
Standard valves are manually operated and cheaper than automatic
valves. Moreover, standard valves are leak-proof and low-maintenance
devices. However, automatic valves, as the names suggests, are
automatically operated and are more efficient. Hence, its market
potential is expected to increase substantially during the forecast
period.
In-depth research
report on Industrial Valves Market with Full TOC at :
http://www.transparencymarketresearch.com/industrial-valves-market.html
Industrial valves
are widely used in several key end-user industries such as oil &
gas, steel, power, pharmaceuticals, petrochemicals, and
infrastructure. Besides this, they are used in HVAC (heating,
ventilation, and air conditioning), Original Equipment Manufacturers
OEM, and automobile manufacturing processes. Oil & gas is one of
the largest end-user industries involved in the production of
industrial valves. Industrial valves are used in extraction
machineries, pipelines, and drilling wells. Additionally, they are
used in upstream and downstream processes in oil & gas as well as
pharmaceutical industries. Different types of valves possess
different applications. For instance, butterfly valves are used in
large pipelines for regulating the fluid flow inside the pipelines.
Other types of valves are ball valves, check valves, choke valves,
diaphragm valves, and piston valves. These valves are commonly used
in industrial applications.
Global demand for
industrial valves is expected to rise significantly due to the growth
of its end-user industries. Asia Pacific is the fastest growing
market for industrial valves. Increased degree of industrialization
and heavy expenditure on infrastructure in Asia Pacific, especially
in China and India, is driving the demand for industrial valves.
Higher operational efficiency and low manufacturing cost have further
boosted the production of industrial valves in developing economies
of Asia Pacific. China and India plan to break through the untapped
economies of Africa and Eastern Europe. This is expected to propel
the export sales of valves manufactured in India and China during the
forecast period. The Middle East and Northern Africa are likely to
become the second fastest growing market after Asia Pacific.
Extensive drilling of crude oil in the Middle East, the largest
exporter of crude oil, and increasing demand for energy in Africa are
estimated to fuel the demand for industrial valves. The market for
industrial valves in Latin America is anticipated to expand
substantially owing to the strong development in the oil and gas
sector in Brazil and Mexico. Recovery in the domestic economy in
North America, Western Europe, and Japan after the economic recession
is also likely to increase the demand for industrial valves in these
mature economies.
Rising demand for
industrial valves and high profitability has attracted several
manufacturers. Some of the key players in the industry include
Pentair plc, Emerson Electric Co., KITZ Corporation, AVK Holding A/S,
Emerson Electric, General Electric, Cameron International, and
Curtiss-Wright Corporation.
For further
inquiries, click here :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=8527
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
Browse
Press Release:
http://www.transparencymarketresearch.com/press-releases.htm
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
This
report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
Browse
TMR Blog Energy Reports
: http://www.tmrblog.com/search/label/Energy
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.Sudip.S
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment