Global Industrial Valves Market

The GMI Research foresees that the Industrial Valves Market will witness an augmentation in demand over the forecast period. This is mainly due to the escalating water investigation activities, aggravating demand from the mining sector, rising emphasis on research and development activities, and product innovations.  

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Introduction of the Industrial Valves Market

Industrial Valves are the automated devices that manage the pressure or flow of liquids and gases running through pipelines. The valves can be distinguished on the basis of valve type: ball, check, diaphragm, gate, globe, plug, safety, and other types of valves.

Major Market Players:

• Metso Corporation
• Spirax Sarco Limited
• Emerson Electric Co.
• Flowserve Corporation
• The Weir Group PLC
• Neway Valve
• Schlumberger Limited
• Crane Co.
• IMI PLC
• KITZ Corporation

Industrial Valves Market Dynamics

The industrial valves market is experiencing a robust demand primarily due to their augmenting adoption by end-users to raise the effectiveness as they are lodged with smart control systems. In addition, swift industrialization and the enlargement of existent facilities will further strengthen the global industrial valves market size. Also, the surging demand for flow control tools and rigorous demand in the production of oil and gas has stimulated industrial valves market share. Moreover, these valves enable the supervision of variables like upstream and downstream pressure flow rate, steam position, and measurement of temperature.

Furthermore, the aggravating installation of pipelines accompanied by the growth in unconventional oil and gas applications, and ongoing technological modernizations in the industrial valves, like the launch of smart valves with an incorporated embedded processor and network capability, will pave the way for market growth. However, asper the global industrial valves market report, the instability in the prices of raw materials and the rigorous norm for the traditional power plant will hamper the market growth.

Industrial Valves Market Segmentation:

Segmentation by Material

• Stainless Steel
• Cast Iron
• Cryogenic
• Alloy Based
• Others
• Brass
• Bronze
• Plastic

Segmentation by Valve Type

• Ball Valves
• Butterfly Valves
• Check Valves
• Diaphragm Valves
• Gate Valves
• Standard Plate Gate Valves
• Wedge Gate Valves
• Knife Gate Valves
• Globe Valves
• Plug Valves
• Safety Valves

Segmentation by Size

• Up to 1”
• 1–6”
• 6–25”
• 25–50”
• 50” & Larger

Segmentation by Industry

• Oil & Gas
• Water & Wastewater Treatment
• Energy & Power
• Chemicals
• Food & Beverages
• Pharmaceuticals
• Construction
• Agriculture
• Pulp & Paper
• Metals & Mining
• Others

Segmentation by Region:

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• North America
  • United States of America
  • Canada
• RoW
  • South Africa
  • UAE
  • Brazil
  • Saudi Arabia

About GMI Research

A market research and consulting company, GMI Research, offers various enterprises with business insights and market research reports. Our research team accumulates all the relevant information about several industries using both internal and external databases. The prime focus of the organization is to acknowledge our clients with the upcoming opportunities and challenges across different industries. The team assists clients comprehend the influence of market dynamics like size, share, drivers, growth opportunities, and other aspects. We try to offer a step-by-step solution to our client to reach a managerial and actionable decision. The enterprise got featured in the list of Silicon India Magazine in 2018 as one of the Most Promising Market Research Consultants.

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