The global industrial valves market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each industrial valves market player in a comprehensive way. Further, the industrial valves market report emphasizes the adoption pattern of the industrial valves across various industries.
The industrial valves market report highlights the following players:
- Alfa Laval Corporate
- Curtiss-Wright Corporation
- CIRCOR International
- National Oilwell Varco., Inc.
- Others
The industrial valves market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.
A rise in consumption of oil & gas has been witnessed in developed and developing regions. Thus, major exploration & production (E&P) companies are focusing on expanding their production facilities by building new processing plants and pipelines. Industrial valves ensure better safety in such installations. In regions such as North America, Europe, and Asia, major intra-country and inter-country pipelines projects are under development to meet the growing demand for oil & gas. This increasing onshore exploration, in turn is expected to increase demand for industrial valves. The report estimates that the Industrial Valves market is foreseen to expand by ~1.5 X to reach a valuation of ~US$ 96 Bn by the end of 2029.
You can Request an Example Copy from here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4545
Find More Valuable Insights on Industrial Valves Market
Fact.MR, in its new offering, brings to fore an unbiased analysis of the global industrial valves market, presenting historical demand data (2014-2018) and forecast statistics for the period 2019-2029. The study divulges compelling insights on the industrial valves market based on valve type (check valve, gate, globe, ball, plug, butterfly, safety relief and other), valve material (cast steel, carbon steel, stainless steel, bronze, and other alloys ), function (manual, and automatic), and end use (oil & gas, chemical, water & wastewater treatment power plants, paper & pulp, and others) across seven major regions.
Prominent Players to Forge Strategic Partnerships to Sustain Growth
The report reveals some of the prominent market players such as General Electric Company, Emerson Electric, Watts Water Technologies, Weir Group, Alfa Laval, Curtiss-Wright, Circor International, and others. Leading players are continuously focusing on strategic acquisitions and geographic expansions in order to expand their business footprint. For instance,
- In March 2019, the company acquired Tactical Communications Group (TCG), LLC, which is into the design and development of software related to Tactical DataLink (TDL)
- In November 2018, Baker Hughes, a GE company, inaugurated a new steam test facility in Naples, Italy to focus on the scope and capacity of the plant, which includes a full range of consolidated safety valves and Masoneilan control valves.