Press release
Metal Valve Market Trends, Opportunities, Key Players, Growth, Analysis, Outlook And Forecasts To 2023
The Business Research Company
The global metal valve market is expected to decline from $268.9 billion in 2019 to $235.1 billion in 2020 at a compound annual growth rate (CAGR) of -12.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 8% from 2021 and reach $290.9 billion in 2023.
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The metal valve market consists of the sales of industrial valves, fluid power valves and hose fittings, plumbing fixture fittings and trim, and/or other metal valves and pipe fittings, by entities (organizations, sole traders or partnerships) that produce one or more of these types of metal valves.
Companies in this market have moved towards metal additive manufacturing due to increased consumer demand for lightweight, faster, and fuel-efficient automobiles that in turn drive the market for metal valves. There is a growing demand in countries such as Germany, Japan, China and India. Increased investments towards metal additive manufacturing technology has led to process improvements and fall in production costs.
Metal Valve Market Segmentation:
By Type
1. Industrial Valve
2. Fluid Power Valve And Hose Fitting
3. Plumbing Fixture Fitting And Trim
4. Other Metal Valve And Pipe Fitting
By End User Industry
1. Chemicals
2. Marine
3. Construction
4. Mining
5. Oil & Gas
6. Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Metal Valve Market Characteristics
4. Metal Valve Market Product Analysis
5. Metal Valve Market Supply Chain
……
20. Key Mergers And Acquisitions In The Metal Valve Market
21. Market Background: Metal Products Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the metal valve market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the metal valve market are Crane, Mueller Water Products, The AVK Group, Emerson Electric Co, Parker Hannifin
Contact Information:
The Business Research Company
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Americas: +1 315 623 0293
Email: info@tbrc.info
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About US:
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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