A valve is a device that regulates, directs or controls the flow of a fluid (gases, liquids, fluidized solids, or slurries) by opening, closing, or partially obstructing various passageways. Valves are technically fittings, but are usually discussed as a separate category. In an open valve, fluid flows in a direction from higher pressure to lower pressure. The word is derived from the Latin valva, the moving part of a door, in turn from volvere, to turn, roll. Valves are used to control the flow of fluids and gases in number of industries. Rising industrialization globally has given rise to the demand of industrial valves. Often, valves are used to contain flammable, hazardous fluids and gases. Valves control the pressure of such fluids and gases such that they do not escape or leak from the pipes or the pipeline systems. Valves can be manually and automatically operated. The strong need for efficient workplace safety has increased as many industrial processes produce flammable gases and fluids. The need for efficient work place safety is expected to fuel the demand for valves globally. Valves market is mainly driven by increasing demand for pipeline infrastructure. This is majorly attributed to the growing natural gas production from the shale formations that has spurred growth in pipeline constructions, thus propelling the growth of the valves market. Further increasing number of merger & acquisition involving advanced valve manufacturing technologies has been identified as one of the major trends in regions such as North America & Europe. This is attributed to the strategic investments of the companies in technology sector. The intent of M&A is to generate the new source of revenue from new customers and markets by improvising product and service innovation. Furthermore, one of the major reason in the growth of valves market is due to the rise in investments in oil & gas markets. For example: The U.S exports of the refined products, Liquefied Natural Gas and crude oil saw a significant surge as the crude oil export ban was lifted in January 2016. The region is experiencing heavy investments by the oil & gas companies in exploration activities. The Valves market was valued at 60900 Million US$ in 2018 and is projected to reach 91100 Million US$ by 2025, at a CAGR of 5.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Valves. This report presents the worldwide Valves market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The following manufacturers are covered in this report: Honeywell International Inc. Emerson Electric Co. KITZ Corporation B?rkert Fluid Control Systems Schlumberger Limited Flowserve Corporation AVK Holding A/S Rotork Plc General Electric Company Goodwin International Ltd Valves Breakdown Data by Type Pressure Reducing Valves Safety/Relief Valves Control Valves Valves Breakdown Data by Application Oil & Gas Power Chemicals Marine Construction Pulp & Paper Mining Water & Waste Water Treatment Others Valves Production by Region United States Europe China Japan Other Regions Valves Consumption by Region North America United States Canada Mexico Asia-Pacific China India Japan South Korea Australia Indonesia Malaysia Philippines Thailand Vietnam Europe Germany France UK Italy Russia Rest of Europe Central & South America Brazil Rest of South America Middle East & Africa GCC Countries Turkey Egypt South Africa Rest of Middle East & Africa The study objectives are: To analyze and research the global Valves status and future forecast?involving, production, revenue, consumption, historical and forecast. To present the key Valves manufacturers, production, revenue, market share, and recent development. To split the breakdown data by regions, type, manufacturers and applications. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks. To identify significant trends, drivers, influence factors in global and regions. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. In this study, the years considered to estimate the market size of Valves : History Year: 2014 - 2018 Base Year: 2018 Estimated Year: 2019 Forecast Year: 2019 - 2025 This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Valves market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources. For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents 1 Study Coverage 1.1 Valves Product 1.2 Key Market Segments in This Study 1.3 Key Manufacturers Covered 1.4 Market by Type 1.4.1 Global Valves Market Size Growth Rate by Type 1.4.2 Pressure Reducing Valves 1.4.3 Safety/Relief Valves 1.4.4 Control Valves 1.5 Market by Application 1.5.1 Global Valves Market Si
