|08-06-2018 03:13 PM CET - Industry, Real Estate & Construction||
Control Valves Market Demand In The Pharmaceutical And Food & Beverage Industries 2018 Top Players are Bürkert Fluid Control Systems, Curtiss-Wright Corporation, Crane Co., Emerson, Flowserve Corporation, Alfa Laval, Neway Valve
Press release from: Data Bridge Market Research
Global Control Valves Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Control Valves Market by companies, region, type and end-use industry.
Currently, oil & gas and power generation industry is showing highest demand for control valves as it has ability to control flowing fluid such as gas, stream, water and chemical compound, to reimburse load disturbance and thereby keep the regulated process close to the desired set point.
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The Global Control Valves Market accounted to USD 6.5 billion in 2016 growing at a CAGR of 5.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
• On the basis of type the control valves market is segmented into
Pneumatic control valve,
Hydraulic control valve,
Electrical control valve.
The electrical control valves market is expected to grow in the forecasted period.
• On the basis of components the control valves market is segmented into
The actuators market is expected to grow in the forecasted period.
• On the basis of application the control valves market is segmented into
Oil and Gas,
Water & Waste-water Management,
Food & Beverage and others.
The Oil & Gas market is expected to grow in the forecasted period.
• On the basis of geography,
North America & South America,
Middle East & Africa.
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In 2017, Curtiss-Wright Corporation entered into agreement with Clarke Industrial Engineering that help to develop worldwide market for Shutter Valve™ technology used in Naval Defense Market.
Top Venders of Global Control Valves Market
• Burkert Fluid Control System,
• Curtiss-Wright Corporation,
• Crane Co.,
• Flowserve Corporation,
• Alfa Laval,
• IMI PLC,
• Velan Inc.,
• Samson AG.,
• Pentair PLC.,
• Kitz Corporation,
• The Weir Group PLC,
• SpiraxSarco Limited,
• Mil Control Limited,
• dual products intl. CC, among others.
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