Industrial Valves Market by Material type (Cast iron, Steel, Alloy based, Others), by Valve type (Ball valves, Butterfly valves, Gate valves, Globe valves, Plug valves, Check valves, Diaphragm valves), by Application (Oil and Power, Water and wastewater, Chemical, Food and beverage, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. As AMR Says, The industrial valves market size was $65 billion in 2021, and is estimated to reach $110.5 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.
Industrial valves are electromechanical devices used to regulate the flow and pressure of a liquid, gas, vapor, powder and slurry in a piping system. These valves comprise the body, trim, discs, seats, stem packing, end connectors, sealing rings, bonnet shell, union bolts, yoke and yoke nut, and operators and actuators. They help stop the flow rate through the pipe whenever required, prevent flow return to the pressurized side and protect equipment from overpressure hazards.
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Major Key Players of the Industrial Valves Market are:
Key companies profiled in the industrial valves market report include AVK Holding, Avcon Controls Pvt Ltd, Schlumberger Limited, Crane, Emerson Electric Co., Flowserve Corp., Forbes Marshall, IMI Plc, Metso Corporation, The Weir Group Plc, EG Valves Manufacturing Co., Ltd., Sirca International S.P.A., Klinger Holding, Böhmer GmbH, Fluidline Valves Co. Pvt Ltd., Anything Flows LLC, Davis Valve and Powell Valves.
The report also highlights the qualitative aspects in the study. Additionally, the unit takes in the key findings, in terms of market overview and investment prospects. The market report also involves the competitive landscape containing the profiles of top ten major players in the industry. The frontrunners have been thoroughly assessed based on their revenue size, service/product portfolio, regional presence, key plans & policies, and overall contribution to the growth of the market.
Over the years, we have been administering market intelligence studies across an array of industries for organizations of different types such as profit & not-for-profit organizations, big-scale & large-scale organizations, and many more. We look at numerous aspects of internal & external business environment disturbing the growth stratagems of business ventures.
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The global Industrial Valves report offers quantitative and qualitative analysis of the market from 2021 to 2030. The qualitative study emphasizes on the value chain analysis, pain point analysis, and key regulations.
• Value chain analysis: AMR offers a complete analysis of all the stages along with the key stakeholders functioning in every stage with their strategic decisions on board.
• Key regulations: Allied Market Research provides key regulations and standards for the Industrial Valves Market. The section also presents some of the regulatory documents of the product type.
• Pain point analysis: The report also offers insights on the key challenges faced by the stakeholders in the industry. The strategic decisions adopted by the market players to maintain their foothold in the market are also discussed through the report.
COVID-19 Impact Analysis on the global Industrial Valves:
The outbreak of the pandemic has had a huge impact across the globe, which impeded the socio-economic development. Therefore, the Industrial Valves Market report doles out a micro- and macro-economic assessment of the industry throughout the pandemic. The study further provides a qualitative breakdown of the impact of Covid-19 on the market.
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Key Market Segments –
The global industrial valves market is segmented on the basis of material type, valve type, application, and region.
By material type, the market is categorized into cast iron, steel, alloy-based, and others. Depending on valve type, it is segregated into ball valves, butterfly valves, gate valves, globe valves, plug valves, check valves, and diaphragm valves.
On the basis of application, it is differentiated into oil & power, water & wastewater, chemical, food & beverage, and others.
By region, the industrial valves market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The report provides a study of the past and current market trends and evaluates the future opportunities. The Industrial Valves market study focuses on the market trends and upcoming opportunities that help understand the driving factors of the market. In addition, the report offers granular, robust, and qualitative data.
The report includes a brief summary of the market along with a SWOT analysis of the major market players and their financial analysis. The report covers a business overview and portfolio analysis of services that major companies offer. The study analyzes the recent market developments such as expansion, joint ventures, and product launches. Moreover, the study aids new business entrants and stakeholders to understand the long-term profitability of the market.
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