|12-07-2018 02:46 AM CET - Advertising, Media Consulting, Marketing Research||
Knife Gate Valves Market Size, Share, Development by 2023
Press release from: Market Research Report Store
New report published by Market Research Report Store (MRRS) which offers insights on the global Knife Gate Valves market.
Knife gate valve is linear shut off valves that are light weight with compact construction. Valves are available as manual with hand-wheel, or can be automated with pneumatic cylinder actuator for remote operation. The arc shape of the gate of knife gate valve is signed to be particularly suitable for cutting off fluid containing fiber or suspended particles, so the knife gate valves are ideal for many applications in the process industries of pulp & paper, wastewater treatment, mining, sugar making and chemical processing.
Click to view the full report TOC, figure and tables:
Global Knife Gate Valves Market: Forecast by Type / Application / Region
The consumption volume of automatic knife gate valves is related to downstream industries and global economy. As there will be some uncertain of the global economy in the following years, the growth rate of automatic knife gate valves market may not keep that fast. But it is surely forecasted that the market of knife gate valves is still promising.
Technology, product design, and pricing patterns influence purchases of automatic knife gate valves. The situation is rather complex, as the companies attempt to cater to diverse segments. The market is currently dominated by a handful of local companies that own the core technologies, including Orbinox, DeZURIK, Flowrox, Bray International and SISTAG (WEY Valve) and so on.
In the next five years, the consumption of automatic knife gate valves will maintain about 3.59% annual growth rate; consumption is expected to be 699.82 k units in 2022.
The presence of brand effect and having a relatively basic technology, the automatic knife gate valves industry still poses some formidable barriers to entry. Thus, capital requirements are quite high due to production features and the diverse nature of the product families. Seasonality of business, price rivalry, government rules and regulations, and limited distribution channels also pose some entry barriers. Yet another deterrent to market entry is the complexity of logistics. Distribution costs may rise further as some mass merchandisers openly require payment by the manufacturers for shelf space, especially for new products. Name identity and brand image require extensive advertising.
Over the next five years, LPI(LP Information) projects that Knife Gate Valves will register a 2.8% CAGR in terms of revenue, reach US$ 450 million by 2023, from US$ 390 million in 2017.
Global Knife Gate Valves Market: Key Players
SISTAG (WEY Valve)
Emerson (Pentair Valves & Controls)
ITT Engineered Valves
Zhejiang Linuo Flow Control Technolog
Trueline Valve Corporation
Chuan Chuan Metal Valves
Tianjin Exxon Valve
Ask for Discount on Research Report and Request Sample Copy of Report@
United States Knife Gate Valves Market Research Report 2018
Europe Knife Gate Valves Market Research Report 2018
North America Knife Gate Valves Market Research Report 2018
Asia-Pacific Knife Gate Valves Market Research Report 2018
China Knife Gate Valves Market Research Report 2018
EMEA Knife Gate Valves Market Research Report 2018
Global Knife Gate Valves Market Research Report 2018
Market Research Report Store (MRRS) is a professional organization related to market research reports in all directions .To provide customers with a variety of market research reports, MRRS cooperates with a large of famous market report publishers all over the world. Owing to our good service and the professional market reports in the wide range, MRRS enjoys a good reputation in the market. In pace with the development of MRRS, more and more customers and market report publishers choose to cooperate with us. As a specialized platform, MRRS upholds the supremacy of customers and aims to provide customers with better service and richer select.
Contact US :
Sales Director (Market Research Report Store)
Tel: +86-15521064060 00852-58197708(HK)
Add: 17890 Castleton Street Suite 218 City of Industry CA 91748 United States
This release was published on openPR.
News-ID: 1423434 • Views: 202More releases