Isolation Valves Market is Forecasted to Reach USD 38.6 Billion in 2025, Says Stratview Research

The global Isolation Valves Market is projected to witness a growth rate annually from 2020 to 2025, with an anticipated size of USD 38.6 billion in 2025, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global Isolation Valves Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/820/isolation-valves-market.html#form

Report Highlights: `
Market Size in 2025: USD 38.6 billion
Forecast Period: 2020-2025
Trend Period: 2014-2018
Base Year: 2019
Number of Segments Covered: 5
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Isolation Valves Market:
The global Isolation Valves Market is segmented by valve type, end-use industry type, operation type, sales type & region

Based on the valve type: The market is segmented into ball valve; plug valve; gate, globe & check valve; butterfly valve; and other valves. The gate, globe & check valve is likely to remain the dominant segment of the market during the forecast period, owing to its benefits such as good isolation properties, shorter strokes, and minimum pressure loss. These benefits have led to its wide adoption in almost all end-use industries.

Based on the end-use industry type: The market is segmented into oil & gas, power generation, chemical & petrochemical, water & wastewater, and others. Oil & gas is expected to remain the dominant and fastest-growing segment of the market during the forecast period, driven by an expected surge in oil production in 2020. Russia has already announced to increase the production to crude oils from April this year. The recent decline in the crude oil prices due to breach of the three-year-old pact between Russia and OPEC may dwindle the demand for isolation valves in the year 2020. However, the demand for isolation valves in the oil & gas industry is estimated to invigorate after 2020 and create healthy growth opportunities for the market participants.

Based on the operation type: The market is segmented into automated valve and manual valve. The manual valve is expected to remain the larger segment, whereas the automated valve is expected to be the faster-growing segment during the forecast period. Gaining momentum of automation valves is due to their various advantages such as precise flow modulation with improved accuracy and efficiency, advanced preventive maintenance ability, and an option to change the flow path between the continuous and batch process. Owing to these benefits along with rapid advancements in valve control technologies, the automated isolation valves market is subjected to offer high-growth opportunities in the years to come.

To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/820/isolation-valves-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is projected to remain the largest as well as the fastest-growing market for isolation valves during the forecast period. This growth outlook is majorly attributed to the following-
• The region is among the largest market for the chemical & petrochemical and power generation industries with China being the largest market in the world.
• Industrialization, urbanization, and water & wastewater treatment activities coupled with the expected rebound of key economies across the region are the major factors propelling the growth of the region's market over the forecast period.

North America is projected to remain the second-largest market for isolation valves during the forecast period, mainly driven by the USA. The region is the largest market for oil & gas products and water & water treatment activities. Increasing spending by utilities on pipe rehabilitation for reducing water loss and increasing electricity generation and chemical production is pushing the demand for isolation valves in the region.

Isolation Valves Market Drivers:
The growth of the Isolation Valves Market is driven by several factors.
• Advancements in various applications of isolation valves in various end-use industries, such as advanced oil & gas production techniques and pipeline processes, are leading towards new developments in isolation valves. Such developments along with continuous R&D efforts laid by key players to produce high-performance isolation valves with improved efficiency and service life are expected to generate healthy growth opportunities in years to come.

Top 10 Companies in the Isolation Valves Market:
Stratview Research has identified the following companies as the top market players:
• Emerson Electric Co.
• Velan Inc.
• Flowserve Corporation
• Crane Co.
• Trillium Flow Technologies
• MKS Instruments, Inc.
• Schlumberger N.V.
• Forbes Marshall
• Spirax-Sarco Engineering plc
• Baker Hughes Company.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Isolation Valves Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Related Reports:
• Instrumentation Valves and Fittings Market: https://www.stratviewresearch.com/1147/instrumentation-valves-and-fittings-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.