|02-11-2019 01:17 PM CET - Business, Economy, Finances, Banking & Insurance||
Global Double Block and Bleed Valves Market 2019 is growing at a CAGR of 2.9% upto 2024 and expected to reach around USD 460 million globally by 2024
Press release from: Apex Market Research
Double block and bleed valves are used to achieve positive isolation when performing maintenance activities in a live process plant. Typically two block valves and a bleed valve are manufactured as a single assembly and this double block and bleed valve manifold can be readily installed for isolation purpose. Double block and bleed valves are usually used for critical process service, such as high pressure system or toxic, hydrocarbon or hazardous process fluids. For non-critical service, single block and bleed valve assemblies must be used.
The industry is relatively fragmented with players such as Cameron, CIRCOR, Bonney Forge, AS-Schneider, Oliver Valves, Valbart (Flowserve), L&T Valves, Parker Hannifin, Swagelok, Hy-Lok, DK-Lok, Haskel, Alco Valves (Graco), Sabre Group, Western Valve, PBM Valve, Control Seal, Colson and so on.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
According to this study, over the next five years the Double Block and Bleed Valves market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 460 million by 2024, from US$ 390 million in 2019.
Apex Market Research, recently published a detailed market research study focused on the “Double Block and Bleed Valves Market 2019” across the global, regional and country level. Double Block and Bleed Valves Market Research Report highlights extensive market insights of the Double Block and Bleed Valves industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Double Block and Bleed Valves market for the forecast period. The study shares “Double Block and Bleed Valves” performance both in terms of volume and revenue.
Key Manufacturers Analysis of This Report
Alco Valves (Graco)
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The report exhibits Double Block and Bleed Valves market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Double Block and Bleed Valves production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Double Block and Bleed Valves Market based on major product types, application and end users industries of Double Block and Bleed Valves. Besides, the report also covers geographical segregation for Double Block and Bleed Valves Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Oil & Gas
The competitive landscape of the global market for Double Block and Bleed Valves is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Double Block and Bleed Valves Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Double Block and Bleed Valves Market globally.
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The Global Double Block and Bleed Valves Market 2019 is further emphasis on the basis of product pricing, Double Block and Bleed Valves production volume, data pertaining to demand and Double Block and Bleed Valves supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Double Block and Bleed Valves along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Double Block and Bleed Valves across the globe.
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This release was published on openPR.
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