Dublin, May 18, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/774zvx/industrial_valves) has announced the addition of the "Industrial Valves Market by Type, by Application, and by Region- Global Trends & Forecasts to 2019" report to their offering.
The global industrial valves market is expected to surpass $70 billion by 2019, 5.4% CAGR between 2014 in 2019
Industrial valves are devices used for flow regulation and control in piping systems. Valves are used to regulate, start and stop, or control the direction of a fluid or gas, flowing through the piping system. The global demand for industrial valve market is projected to grow at a steady rate of 5.4% CAGR in the next half a decade. The increasing demand in oil & gas, chemical and municipal applications is expected to be the major drivers for the industrial valves market in this region.
The Middle East region is increasingly expected to transform from a raw goods supplier to a refined product provider. This changing trend would be corroborated with the increase in the number of manufacturing and process industries, thereby boosting the demand for industrial valves. The demand for industrial valves market is estimated to grow on account of with the developing oil & gas industry in African and Latin American markets. Rising nuclear and renewable energy sectors accounts for the rapid growth for industrial valves in power industry. Escalating demand from municipal industry, especially from waste water and desalination applications, also form a significant factor appending the global valves demand.
The study on global industrial valves market has been categorized on the basis of type and end-use application industry in terms of value. The market segmentation on the basis of type includes market value for ball valves, globe valves, butterfly valves, gate valves, and others. On the basis of application, industrial valves market has been categorized into oil & gas, chemical, municipal, power, and others.
Some of the leading players in the market such as Pentair Ltd. (Switzerland), Flowserve Corporation (U.S.), Emerson Electric (U.S.), and FMC Technologies (U.S.) have been profiled in this report to provide an understanding of the competitive scenario in the global industrial valves market. These leading industrial valves manufacturers are focusing on the emerging countries that are estimated to show potential for industrial development in the near future.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Industrial Valves Market, By Type
8 Industrial Valves Market, By Type
9 Industrial Valves Market, By Region
10 Competitive Landscape
11 Company Profiles
- Cameron International
- Camtech Valves
- Delta Pacific Valves Ltd.
- Goodwin PLC
- GWC Valve International Inc.
- Neway Valve (Suzhou) Co., Ltd.
- Pentair PLC.
- Petrolvalves S.R.L.
- Valvitalia S.P.A
- Vanessa Valves (Pentair Valves & Controls Italia S.R.L.)
For more information visit http://www.researchandmarkets.com/research/774zvx/industrial_valves