According to the report, the Valve market is predicted to achieve USD 12,135 million by 2026. This report examines the status quo and projections of the global Valve market and analyzes the Valve market by manufacturer, type, application, and region. This report focuses on top manufacturers in North America, Europe, Japan, China, India, Southeast Asia, and other regions (Central and South America, Middle East and Africa).
A valve is a device attached to a pipe or a tube which controls the flow of air or liquid through the pipe or tube by opening, closing, or partially obstructing various passageways. Valves are technically fittings but are usually discussed as a separate category. In an open valve, fluid flows in a direction from higher pressure to lower pressure.
The Valve market report covers the leading players in the market and analyzes their key strategies. Leading players in this market include:
Emerson Electric Co
General Electric Co.
GWC Valve International Inc.
The prominent market players maintain the competitive edge in the global market by making investments in the mergers and acquisitions and by increasing their product portfolio.
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It is estimated that the total market value of the Valve global market is poised to reach USD 12,135 million in 2026 from USD 7,965 million in 2019, with a CAGR of 6.2%.
Facilitating and limited Factors:
The Valve market is expected to register substantial growth in the coming years, owing to the increasing utilization in the oil & gas industry. In addition, growing industrial infrastructure investments in emerging countries and strict emission control policies are also positively influencing the market growth. Research and development activities, technological innovations, and rising oil and gas exploration are anticipated to open new opportunities for the Valve market in the coming years. However, high initial investments will restrain the growth of the market. With the recovery of the global economy and the development of emerging powers, the Valve market is endowed with a promising future.
The global Valve market is broadly divided based on type, application, and region:
By type – Copper, Stainless Steel, Plastic, Carbon Steel, Brass
By application – Civil, Industrial
By region – North America, Asia-Pacific, Europe, Latin America, Middle East, and Africa, Others
Based on regions, the Valve global market was mainly divided into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Asia-Pacific held the major market share of 35% in 2018 and is expected to witness high growth in the following years. The growth can be attributed to an increasing population and the increasing demand from the oil & gas, chemical, and water & wastewater industries. China and India are the major markets in the Asia-Pacific region. North America is currently leading Europe with a market share of 33% and 23%. Growing oil field services costs and increased drilling activity are some of the factors drive the spending in the United States upstream.
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Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Valve Market
2 Market Trends and Competitive Landscape
3 Segmentation of Valve Market by Types
4 Segmentation of Valve Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Valve Market in Major Countries
7 North America Valve Landscape Analysis
8 Europe Valve Landscape Analysis
9 Asia Pacific Valve Landscape Analysis
10 Latin America, Middle East & Africa Valve Landscape Analysis
11 Major Players Profile
11.1 Emerson Electric Co
11.1.1 Emerson Electric Co Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Pentair Plc
11.3 Flowserve Corporation
11.4 General Electric Co.
11.5 GWC Valve International Inc.
11.6 IMI Plc
11.7 Crane Co.
11.8 Kimray Inc
11.9 KITZ Corporation
- Valve manufacturers
- Valve importers and exporters
- Valve traders, distributors, and suppliers
- Raw material suppliers of Valve
- Valve industry associations
- Product managers, Valve industry administrator, C-level executives of the industries
- Market Research and consulting firms
- Small and Medium-sized Enterprises (SMEs)
What Information does this report contain?
- The report covers the prediction and analysis of the global Valve market at the global and regional levels.
- The report includes drivers and constraints that affect market growth.
- Discussed details about market opportunities
- The assessments for the regional market layout characteristics in the world.
- The report includes detailed company profiles for prominent market participants.
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