Press release
Control Flow Choke Market to Witness Significant Incremental Opportunity During 2018-2028
As per the findings of the report, the global control flow choke market is estimated to witness gradual growth during the forecast period, which will be majorly sustained by the factors such as recovery of crude oil prices, growth in shale gas drilling and production activities, and notable opportunities in nuclear power generation applications. The global control flow choke market registered the revenue worth US$ 578 Mn in the year 2017, and is expected to expand at a poor value CAGR of 3.1% during the period of assessment, i.e. 2018 to 2028.
Increasing production of oil & gas and chemicals & petrochemicals, and growing power generation have given rise to a drastic growth in the demand for control flow chokes. In addition, replacement of control flow choke valves is needed in oil and production wells to control the flow of fluids being produced in the wells. These factors are expected to be responsible for the projected growth of the control flow choke market during the forecast period.
To remain 'ahead' of your competitors, request for a sample @ https://www.persistencemarketresearch.com/samples/28282
South & East Asian Economies to Present High-potential Growth Opportunities to Control Flow Choke Market Players
The global control flow choke market is significantly consolidated, with the top 6 players accounting for around one-third of the global market share. Players in the global control flow choke market are mostly international players, having production facilities in various countries, and the rest of the players are small, medium, and large, having strong presence in their respective regions. These players are engaged in expanding their manufacturing capacities to cater to the increasing demand for control flow chokes.
The prominent regions in the global control flow choke market throughout the forecast period are expected to be South Asia and East Asia, because of the increasing oil and gas production and consumption of control flow chokes in countries such as China and India. Besides these countries, the ASEAN region is also projected to be an attractive region in the global control flow choke market.
For critical insights on this market, request for ask an expert here @ https://www.persistencemarketresearch.com/ask-an-expert/28282
Plugs & Cages Top Selling, Carbon Steel Most Preferred in the Global Control Flow Choke Market
The global control flow choke market has been segmented on the basis of material type, type, shape, operation, and end-use industry, besides seven regions.
On the basis of type, the plug & cage type control flow choke products are expected to be the most commonly sold product, accounting for a prominent share in the global control flow choke market.
Based on material type, the carbon steel-based control flow choke segment is estimated to account for nearly two-fifth of the market size, owing to their vast application in various end-use verticals.
Based on shape, the in-line type body based control flow choke segment is estimated to account a large market share as compared to the others. Currently, most of the end users and operators are looking for automated types of operations for control flow chokes to reduce operational costs.
Control flow chokes find significant application in various end-use industries such as oil & gas, chemical processing, energy & power generation, food & beverages, and general manufacturing, among others. The oil & gas segment is estimated to be a prominent end-use industry segment in the control flow choke market. Growth in remote operations in some of the end-use industries is expected to drive the adoption of advanced control flow chokes.
Control Flow Choke Market: Vendor Insights
The report highlights some of the market players that are prominent and have established themselves as leaders in the global control flow choke market. Some of the examples of the key players in this market are Schlumberger Limited, General Electric, Emerson Electric Co., National Oilwell Varco, Inc., The Weir Group Plc., TechnipFMC Plc., IMI Plc., Nova Inc., Master Flo Valve Inc., Velan Inc., and Taylor Valve Technology, among others.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/28282
Complete Report Details@ https://www.persistencemarketresearch.com/market-research/control-flow-choke-market.asp
Explore PMR's Extensive Coverage on Industrial Automation Domain -
Agricultural Equipment Market - Agricultural Equipment Market Segmented By Tractors, Combine Harvesters, Rotavators, Power Tillers, Seed Drill, Thresher, Power Weeder : https://www.persistencemarketresearch.com/market-research/agricultural-equipment-market.asp
Fire Protection System Market - Fire Protection Systems Market Segmented By Flame Detectors, Smoke Detectors as Fire Detection Systems, Water Extinguishers, Foam Extinguishers, Dry Chemical Extinguishers, CO2 Extinguishers as Fire Extinguishers, Water Fire Suppression Systems, Gaseous/Clean Agent Fire Suppression Systems, Foam Fire Suppression Systems, Powder Fire Suppression Systems as Fire Suppression Systems, Fire Alarm Devices, Emergency Lighting as Fire Response Systems: https://www.persistencemarketresearch.com/market-research/fire-protection-system-market.asp
Additive Manufacturing Market - Additive Manufacturing Market Segmented By Polymer Machine, Metal Machine, Desktop Machine Hardware and Polymer and Composite, Metal, Ceramics Material and Software in Powder Bed Fusion, Direct Energy Deposition, Material Jetting, Binder Jetting, Material Extrusion, Photopolymerization Technique: https://www.persistencemarketresearch.com/market-research/additive-manufacturing-market.asp
Contact Us:
Persistence Market Research
USA
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us-
Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on "micros" by Persistence Market Research helps companies overcome their "macro" business challenges.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Control Flow Choke Market to Witness Significant Incremental Opportunity During 2018-2028 here
News-ID: 2634964 • Views: …
More Releases from Persistence Market Research pvt ltd
Rise of Cloud Computing and Big Data Analytics Drives Processor Market Growth to …
According to a recent report by Persistence Market Research, the global processor market is expected to reach a value of US$ 332.0 billion by 2033, growing at a CAGR of approximately 9.6% during the forecast period.
The increasing demand for processors in smartphones, tablets, and other mobile devices is a key driver of market growth. The report also notes that the demand for processors in the automotive industry is expected…
Building Products Market Expected to Grow at 5.2% CAGR to Reach USD 1.5 Trillion …
the global building products market size was valued at USD 1.1 trillion and is expected to reach USD 1.5 trillion by 2026, growing at a CAGR of 5.2% during the forecast period.
The building products market encompasses a wide range of products used in the construction and renovation of residential, commercial, and industrial buildings. These products include but are not limited to lumber and wood products, roofing materials, insulation, windows and…
Road Sweeping Machine Market Size to Surpass US$ 5.9 billion by 2028 | Persisten …
Road Sweeping Machine Market
The global road sweeping machine market is expected to reach a value of US$ 5.9 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028. The market growth is driven by several factors such as urbanization, increasing infrastructure development, rising awareness about environmental cleanliness, and government initiatives to promote sustainable living.
Click Here to Get Free Sample Copy of this Report @https://www.persistencemarketresearch.com/samples/16750
Road sweeping machines are…
Pigments & Dyes Market is expected to grow at a CAGR of 4.3% from 2023 to 2028
Pigments & Dyes Market
The global pigments and dyes market was valued at US$ 27.8 billion in 2022 and is expected to grow at a CAGR of 4.3% from 2022 to 2028, according to a report by PMR. The growth in the market can be attributed to the increasing demand for pigments and dyes from end-use industries such as textiles, paints, coatings, and plastics. The demand for high-performance pigments and dyes…
More Releases for Flo
Alchemy Flo Revolutionizes Social Media Monetization for Creators Worldwide
Empowering Influencers to Achieve Financial Independence with Comprehensive Support and Proven Strategies.
Vancouver, BC - May 9th, 2025 - Alchemy Flo, a pioneering company co-founded by Brian Saleh and Habas Jawansheer, today announced the launch of its innovative program designed to empower social media creators to achieve financial independence. This program addresses a critical gap in the industry by providing creators with the tools and knowledge needed to monetize their audiences…
Women's Health App Market Is Booming Worldwide | Flo Health, Clue, Natural Cycle …
Global Women's Health App Market Report from Archive Market Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions…
Femtech Market Next Big Thing | Major Giants- Flo Health, Withings, Fitbit
Archive Market Research published a new research publication on "Femtech Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Femtech market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study…
Current and Future Analysis of Period Tracker and Calendar Apps Market With New …
The latest competent intelligence report published by WMR with the title "An Increase in Demand and Opportunities for Global Period Tracker and Calendar Apps Market 2024" provides a sorted image of the Period Tracker and Calendar Apps industry by analysis of research and information collected from various sources that have the ability to help the decision-makers in the worldwide market to play a significant role in making a gradual impact…
Venturi Tubes Market 2023 Business Tactics | Emerson, Advanced Technocracy, Tri …
In a Currently published report by Worldwide Market Reports, titled "Global Venturi Tubes Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2023-2030", the analysts have provided an in-depth overview of the Venturi Tubes Market. The report is an all-inclusive research study of the global Venturi Tubes market taking into account the, growth factors, recent trends, developments, opportunities, and competitive landscape. Market analysts and researchers have done extensive analysis of…
Global HDPE Pipe Market 2017 : Aliaxis, FLO-TEK, Pexmart, LESSO & Junxing Pipe
The survey report by Market Research Store is an overview of the global HDPE Pipe market. It covers all the recent trends including key developments in the global market in present and in future. Analyses of the global HDPE Pipe market trends along with the projections of CAGRs (compound annual growth rates) are provided in the research report.
Further, an evaluation of the history of the global market and the basic…
