Press release
Steam Valve Market: Competitive Dynamics & Global Outlook 2023
Steam Valves are used in steam system to adjust or switch steam flow, filter impurity in steam, prevent steam backflow, etc. Steam valves include a lot of valves like steam trap valves, steam plunger valves, steam reducing valves, safety valves, etc.
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Global Steam Valve Market: Forecast by Type / Application / Region
First, for industry structure analysis, the Steam Valve industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 17.47% of the revenue market. Regionally, North America is the biggest production value area, also the leader in the whole Steam Valve industry.
Second, for price trend analysis, a key variable in the performance of Steam Valve producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Third, for forecast, the global Steam Valve revenue would keep increasing with annual growth rate with 1~4%. We tend to believe that this industry still has a bright future, considering the current demand of Steam Valve.
Over the next five years, LPI(LP Information) projects that Steam Valve will register a 2.2% CAGR in terms of revenue, reach US$ 8610 million by 2023, from US$ 7720 million in 2017.
Global Steam Valve Market: Key Players
Emerson
Pentair
Flowserve
Spirax Sarco
Armstrong
Crane Company
KSB Group
Kitz
Velan
Metso
Circor
Cameron
TLV
Yoshitake
Richards Industries
MIYAWAKI
Watson McDaniel
DSC
Beijing Valve General Factory
Hongfeng Mechanical
Yingqiao Machinery
Shanghai Hugong
Chenghang Industrial Safety
Lonze Valve
Water-Dispersing Valve
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Related Information:
United States Steam Valve Market Research Report 2018
Europe Steam Valve Market Research Report 2018
North America Steam Valve Market Research Report 2018
Asia-Pacific Steam Valve Market Research Report 2018
China Steam Valve Market Research Report 2018
EMEA Steam Valve Market Research Report 2018
Global Steam Valve Market Research Report 2018
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