Press release
Metal Valve Global Market Size, Share, Growth, Trends, By Material Type, By Valve Type, By Application, By Regional Outlook And Forecast 2023-2032 | Emerson Electric Co, IMI plc, Atlas Copco AB, KITZ Corporation, Metso Oyj
As per the metal valves market report by The Business Research Company, 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.
The global metal valves market grew from $273.53 billion in 2022 to $293.86 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal valves market is expected to grow to $381.84 billion in 2027 at a CAGR of 6.8%.
Read More On The Metal Valves Market Report Here:
https://www.thebusinessresearchcompany.com/report/metal-valve-global-market-report
Major competitors in the metal valves market include Parker-Hannifin Corporation, Emerson Electric Co, IMI plc, Atlas Copco AB, The Flowserve Corporation, The Crane Company, KITZ Corporation, Metso Oyj, Spectrum Brands Holdings Inc., and Globe Union Industrial Corp.
The Metal valves market is segmented -
• By Type: Industrial Valve, Fluid Power Valve and Hose Fitting, Plumbing Fixture Fitting and Trim, Other Metal Valve and Pipe Fitting
• By Product: Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butterfly Valves, Diaphragm Valves, Other Products
• By End User Industry: Chemicals, Marine, Construction, Mining, Oil and Gas, Other End User Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the metal valves market.
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Metal valves refer to a type of instrument that is adaptable, strong, and reliable, consisting of metal, and that is designed to regulate, direct, and control the flow of liquids, gases, and slurries from containers to the point of application in industries to provide a measured amount of raw material.
The Table of Content for The Metal Valves Market Include:
1. Executive Summary
2. Report Structure
3. Metal Valve Market Characteristics
4. Metal Valve Market - Macro Economic Scenario
5. Metal Valve Market Product Analysis
.....
21. Key Mergers And Acquisitions In The Metal Valve Market
22. Market Background: Metal Products Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Metal Valves Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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