Press release
Industrial Valves Market by Material Type, Valve Type, Size and Application | Forecast up to 2023
Industrial Valves Market
The growth of the industrial valves market is mostly due to increase in demand in industrial sector to control the flow of fluids as they deal with fluids in all cases. Hence, the control of fluids to safeguard the plant machinery requires the use of these industrial valves. Moreover, improved safety and reduced operating costs drive the market for exponential growth. However, due to large number of valve manufacturers, there is no fixed price followed for production, which restrains the market growth.
The industrial valve market is segmented based on material type, valve type, size, and application. On the basis of material type, the market is divided into cast iron, steel, cryogenic, alloy based, and others. On the basis of valve type, it is classified into ball valves, butterfly valves, gate valves, glove valves, plug valves, check valves, and diaphragm valves. According to size, it is categorized into upto 1, 1-6, 6-25, 25-50, and 50 and above. The applications covered in the market include oil & energy, water & wastewater, chemical, and food & beverages, building & construction, and others. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key players operating in the market include AVK Holding A/S, Avcon Controls Private Limited, Cameron - Schlumberger Limited, Crane Co., Emerson, Flowserve Corporation, Forbes Marshall, IMI Plc., Metso, and The Weir Group Plc.
Key Benefits
• The study provides an in-depth analysis of the industrial valve market with current and future trends to elucidate the imminent investment pockets.
• The report provides information about the key drivers, restraints, and opportunities.
• Quantitative analysis of the current trends and future estimations from 2017 to 2023 are provided to showcase the financial competence of the market.
• Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers participating in the market.
Industrial Valves Market Key Segmentation:
By Material Type
• Cast Iron
• Steel
• Cryogenic
• Alloy Based
• Others
By Valve Type
• Ball Valves
• Butterfly Valves
• Gate Valves
• Glove Valves
• Plug Valves
• Check Valves
• Diaphragm Valves
By Size
• Upto 1
• 1-6
• 6-25
• 25-50
• 50 and above
By Application
• Oil & Energy
• Water & Wastewater
• Chemical
• Food & Beverages
• Building & Construction
• Others
By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA
Key Players
• AVK Holding A/S
• Avcon Controls Private Limited
• Cameron - Schlumberger Limited
• Crane Co.
• Emerson
• Flowserve Corporation
• Forbes Marshall
• IMI Plc.
• Metso
• The Weir Group Plc.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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