Press release
GLOBAL FLEXIBLE DISPLAY MARKET TOP KEY PLAYERS ARE 1. LG DISPLAY CO., LTD. 2. SAMSUNG ELECTRONICS CO., LTD. , INNOLUX CORP. , AU OPTRONICS CORP. , JAPAN DISPLAY INC. , BOE TECHNOLOGY GROUP CO., LTD. , SHARP CORP. (FOXCONN) , VISIONOX CORPORATION , E INK H
By Material Type (Cast Iron, Steel, Cryogenic, Alloy Based), Size, Valve Type (Ball, Butterfly, Gate, Globe, Check, Plug), Industry (Oil & Gas, Water & Wastewater, Energy & Power) and Regional Market Size, Status and Forecast to 2025
Market Overview:
The global Industrial Valves Market was valued at USD 67.34 billion in 2016 and is projected to reach USD 92.42 million by 2025, growing at a CAGR of 3.58% from 2017 to 2025. Industrial valves are involved in variety of factories and manufacturing units. With increasing end user demands and demand of consumer goods, the market is expected to grow in the forecast period at a high CAGR.
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing requirement of Oil and Gas production related facilities in Gulf corp. Council Countries
1.2 High demand of Energy fuel in APAC
1.3 Increasing focus on Smart cities in emerging economies
1.4 Revenue shift in industry
1.5 Increasing demand of Automation for monitoring and maintenance
2. Market Restraints
2.1 Lack of Standardization in Certifications and Policies
2.2 Slowdown in Oil & Gas and Mining Industries
2.3 Downtime Due to Repairing of Valves
2.4 Lack of Product Differentiation
Market Segmentation:
1. Global Industrial Valves Market, by Valve Type:
1.1 Ball Valve Market
1.2 Butterfly Valve Market
1.3 Gate Valve Market
1.4 Globe Valve Market
1.5 Plug Valve Market
1.6 Diaphragm Valve Market
1.7 Safety Valve Market
2. Global Industrial Valves Market, by Material Type:
2.1 Steel
2.2 Cast Iron
2.3 Alloy Based
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2.4 Cryogenic
2.5 Others
3. Global Industrial Valves Market, by Industry:
3.1 Oil & Gas
3.2 Water & Wastewater
3.3 Energy & Power
3.4 Chemical
3.5 Food & Beverages
3.6 Pharmaceutical
3.7 Building and Construction
3.8 Others
4. Global Industrial Valves Market, by Size:
4.1 Up to 1”
4.2 1”–6”
4.3 6”–25”
4.4 25”–50”
4.5 50” & Above
5. Global Industrial Valves Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. AVK Holding A/S
2. Avcon Controls Pvt Ltd
3. Cameron - Schlumberger
4. Crane Co.
5. Emerson
6. Flowserve Corporation
7. Forbes Marshall
8. IMI PLC.
9. Kitz Corporation
10. Metso Corporation
11. Neway Valves (Suzhou) Co., Ltd.
12. Pentair PLC
13. Velan Inc.
14. Samson AG
15. The Weir Group, PLC
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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