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USD 11.85 Bn growth in Valves Market | APAC to Occupy 36% Market Share | Technavio

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The report on the valves market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

The valves market covers the following areas:

Valves Market Sizing
Valves Market Forecast
Valves Market Analysis

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by developments in water and wastewater industry. This study identifies the growth in nuclear power generation in APAC as one of the prime reasons driving the valves market growth during the next few years.

The valves market analysis includes the end-user segment and geographic landscape. By end-user, the market witnessed maximum demand for valves from the chemicals and oil and gas industry. The market growth in the oil and gas industry segment is expected to be significant during the forecast period. In terms of geography, APAC will offer maximum growth opportunities for market players. The region currently holds 36% of the global market share.

This report presents a detailed picture of the valves market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

Companies Mentioned

  • Alfa Laval AB
  • Avcon Controls Pvt Ltd.
  • AVK Holding AS
  • Crane Co.
  • Emerson Electric Co.
  • Flowserve Corp.
  • Forbes Marshall Pvt. Ltd.
  • IMI Plc
  • Schlumberger Ltd.
  • The Weir Group Plc

Subscribe to our “Lite Plan” billed annually at USD 3000  to join a community, who are eligible to view 3 reports monthly and download 3 reports annually.

Related Reports:
Global Ball Valves Market
 – Global ball valves market is segmented by type (trunnion mounted ball valves, floating ball valves, and rising stem ball valves) and geography (APAC, North America, Europe, South America, and MEA).
Download Exclusive Free Sample Report

Global High-pressure Valves Market – Global high-pressure valves market is segmented by product (quarter-turn valves, multi-turn valves, and control valves), end-user (oil and gas industry, mining industry, chemical industry, water and wastewater industry, and others), and geography (APAC, Europe, North America, MEA, and South America).
Download Exclusive Free Sample Report

Valves Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 4%

Market growth 2021-2025

USD 11.85 billion

Market structure

Fragmented

YoY growth (%)

3.75

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 36%

Key consumer countries

China, US, UK, France, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Alfa Laval AB, Avcon Controls Pvt Ltd., AVK Holding AS, Crane Co., Emerson Electric Co., Flowserve Corp., Forbes Marshall Pvt. Ltd., IMI Plc, Schlumberger Ltd., and The Weir Group Plc

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio


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Source: https://www.prnewswire.com:443/news-releases/usd-11-85-bn-growth-in-valves-market–apac-to-occupy-36-market-share–technavio-301418825.html

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