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Industrial Valves Market Outlook & Future Growth Opportunities to 2027 | by Material Type, Valve & Application

03-22-2021 03:38 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Industrial Valves Market

Industrial Valves Market

Industrial valves are used in process industries for direction, regulation, and control of gases, slurries, liquids, vapors, and others. Industrial valves are mainly manufactured using carbon steel, cast iron, stainless steel, and other high functioning metal alloys to obtain efficient flow control in industries such as water &waste water, oil & power, food & beverages, chemicals, and others.

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The global industrial valves market size is expected to reach $107,356.7 million in 2027, from $86,202.7 million in 2019, growing at a CAGR of 3.5% from 2020 to 2027.

Moreover, a valve mainly consists of a main body, a stem, and a seat that are generally manufactured using different materials including polymers, rubber, metals, and others to avoid wastage of liquid flowing through the valve. Valves are mainly differentiated by their operating mechanisms. The most widely used valves in industries are globe valves, butterfly valves, ball valves, gate vales, plug valves, pinch valves, diaphragm valves, and check valves.

Key Players

AVK Holding A/S
Avcon Controls Private Limited
Schlumberger Limited
Crane Co.
Emerson Electric Co.
Flowserve Corporation
Forbes Marshall
IMI plc
Metso Corporation
The Weir Group plc

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Scope of The Report

By Material Type

Cast Iron
Steel
Alloy-Based
Others

By Valve Type

Ball Valves
Butterfly Valves
Gate Valves
Globe Valves
Plug Valves
Check Valves
Diaphragm Valves

By Application

Oil & Power
Water & Wastewater
Chemical
Food & Beverage
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

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Contact:
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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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