Control Valves Market are the devices which allow the passage of fluids (liquids and gases). Control valve act as a passage which open and closes when fluid flows through it. Control valves are mainly use in process industries such as food and beverages, oil and gas, waste water treatment etc. in order to control the process by maintaining the flow of fluid. In the market, latest control valves are also available which are automated and sensor based for swift operations.
Global control valves market is projecting a rise in estimated value by 2026, registering a CAGR of 6.8% in the forecast period of 2019-2026 due to Increase in the infrastructure project in developing countries, Rise of automation in the process industry and Increase in research and development to design and develop new valves
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Competitive Analysis: Global Control Valves Market
Few of the major competitors currently working global control valves market are Curtiss-Wright, Crane Co., Emerson Electric Co, Flowserve Corporation, Alfa Laval, IMI plc, Neway Valves., Velan Inc., Samson Controls Inc., Pentair plc., Kitz Corporation, Metso Corporation, The Weir Group PLC, SpiraxSarco Limited, Valvitalia SpA, SchlumbergerLimited, Eaton, Honeywell, Baker Hughes and others
Key Pointers Covered in the Global Control Valves Market Trends and Forecast to 2026
- Global Control Valves Market New Sales Volumes
- Global Control Valves Market Replacement Sales Volumes
- Global Control Valves Market Installed Base
- Global Control Valves Market By Brands
- Global Control Valves Market Size
- Global Control Valves Market Procedure Volumes
- Global Control Valves Market Product Price Analysis
- Global Control Valves Market Healthcare Outcomes
- Global Control Valves Market Cost of Care Analysis
- Global Control Valves Market Regulatory Framework and Changes
- Global Control Valves Market Prices and Reimbursement Analysis
- Global Control Valves Market Shares in Different Regions
- Recent Developments for Global Control Valves Market Competitors
- Global Control Valves Market Upcoming Applications
- Global Control Valves Market Innovators Study
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Key Developments in the Market:
- In April 2018, Finland’s Metso announced to acquire Rotex’s valve automation division. The acquisition of Rotex valve division would help Metso to enter in Indian market of valves and would assist its expansion in customer segments outside North America.
- In January 2017, Clarke Industrial Engineering made a licensing agreement with Curtiss-Wright Corporation to share shutter valve technology exclusively with Curtiss-Wright. The agreement would help to develop worldwide market of shutter valve technology for naval defense market.
Scope of the Control Valves Market
- Global Control Valves Market By Design (Globe Valve, Ball Valve, Butterfly Valve, Angle Valve, Diaphragm Valve, Other Designs), Type (Hydraulic Valve, Pneumatic Valve, Manual Valve, Solenoid Valve, Other Types), Component (Valve Body, Actuators, Others), Valve Size (Up to 1”, 1” to 6”, 6” to 25”, 25” to 50”, 50” and Larger), Industry (Oil & Gas, Energy & Power, Water & Wastewater Treatment, Food & Beverages, Chemicals, Pharmaceuticals, Construction, Pulp & Paper, Others) – Industry Trends and Forecast to 2026
- Global control valves market is projecting a rise in estimated value by 2026, registering a CAGR of 6.8% in the forecast period of 2019-2026 due to Increase in the infrastructure project in developing countries, Rise of automation in the process industry and Increase in research and development to design and develop new valves
- Control valves are the devices which allow the passage of fluids (liquids and gases). Control valve act as a passage which open and closes when fluid flows through it. Control valves are mainly use in process industries such as food and beverages, oil and gas, waste water treatment etc. in order to control the process by maintaining the flow of fluid. In the market, latest control valves are also available which are automated and sensor based for swift operations.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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