Press release
North America Industrial Valve Market New Innovations and Future Expansion 2021-2028
North America Industrial Valve Market was valued at US$ 11,679.61 Million in 2021 and is projected to reach US$ 17,529.97 Million by 2028 with a CAGR of 6.0% from 2021 to 2028.Crude oil is the backbone of the modern-day industrial economy. It acts as an important base raw material for deriving various chemicals. With the increasing rate of industrialization and urbanization, the demand for oil and gas has surged substantially. Countries across the region are expected to present huge demand for crude oil during the forecast period due to the continuous growth in their manufacturing sectors, supported by favorable economic conditions and government policies. Equinor, a petroleum refining company, has announced to invest US$ 8.8 billion by end of 2021 for driving the progress of Wisting petroleum discovery in the Arctic Barents Sea, the northernmost oilfield. Petróleo Brasileiro S.A. has also announced to invest US$ 68 billion from 2021 to 2026 for managing production at the offshore fields in the subsea pre-salt area. Further, a significant number of oil and gas refineries have aged and require maintenance operations. Natural gas emits less carbon than coal does. Therefore, with the growing emphasis on curtailing carbon emission, governments are favoring gas-powered power plants over coal-powered power plants, which propels the demand for natural gas. The growing production of oil and gas boosts the North America industrial valve market growth.
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The North America Industrial Valve market following are the manufacturers cover -
CIRCOR International, Inc.
Crane Co.
Emerson Electric Co.
Flowserve Corporation
IMI Critical Engineering
KITZ Corporation
Neway Valve (Suzhou) Co., Ltd
Schlumberger Limited
Spirax-Sarco Engineering plc
Velan Inc.
The leading players of the North America Industrial Valve industry, their market share, product portfolio, company profiles are covered during this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among North America Industrial Valve players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and helpful guide to shaping your business growth.
Market Segment by Type, the product can be divided into:
North America Industrial Valve Market - by Material Type
Cast Iron
Steel
Cryogenic
Alloy-Based
Others
North America Industrial Valve Market - by Valve Type
Ball Valves
Butterfly Valves
Diaphragm Valves
Safety Valves
Piston RAM Valves
North America Industrial Valve Market - by Industries
Oil and Gas
Water Treatment
Power and Energy
Chemicals and Petrochemical
Food and Beverage
Healthcare and Pharmaceutical
Others
North America Industrial Valve Market - by Country
US
Canada
Mexico
This analysis report also presents practical and practical case studies to help you get a clearer understanding of the subject. This analysis report has been prepared through industry analysis techniques and presented in a professional manner by including effective information graphics whenever necessary. It helps ensure business stability and rapid development to achieve notable remarks within the North America Industrial Valve market.
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Table of Contents: North America Industrial Valve Market 2021 - 2028
Chapter 1: Overview of North America Industrial Valve
Chapter 2: Regional Market Status and Forecast by Regions
Chapter 3: Regional Market Status and Forecast by Types
Chapter 4: Regional Market Status and Forecast by Downstream Industry
Chapter 5: Market driving correlational analysis
Chapter 6: Market competition status by major makers
Chapter 7: Major manufacturer's introduction and market data
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Chapter 8: Upstream and downstream market analysis
Chapter 9: Cost and gross margin analysis
Chapter 10: Marketing status analysis
Chapter 11: Market report conclusion
Chapter 12: Research methodology and reference
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