The global industrial valves market is expected to cross a US$ 79.4 billion valuation between 2020 and 2030. The coronavirus outbreak is anticipated to reduce the demand for industrial valves as several end user industries have been forced to limit or suspend operations to remain in compliance with lockdown regulations. On the other hand, applications in essential sectors such as pharmaceuticals and food production will help in partially mitigating losses.
"Rising interest from governments towards bolstering power plant capacities and water treatment capabilities are key factors that are expected to boost the demand for industrial valves in urban settings for the foreseeable future," says the FACT.MR study.
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Industrial Valves Market- Key Takeaways
- Butterfly valves are gaining traction in terms of revenue generation, driven by growth in oil & gas upgrade and exploration applications.
- Water and waste water applications of industrial valves are reflecting high growth owing to strong demand from municipal bodies in expanding urban areas.
- Asia Pacific is a fast-growing industrial valves market aided by massive power, construction, and petroleum sector applications.
Industrial Valves Market- Driving Factors
- Sustained investments into industrial automation coupled with development of intelligent valve systems drive market growth.
- Growth of oil & gas exploration and pipeline installations are playing major roles in revenue generation.
Industrial Valves Market- Key Restraints
- Strict regulations associated with power plant applications are an obstacle for industrial valve market players.
- Fluctuations in the prices of raw materials required to produce industrial valve components hurts market growth.
COVID-19 Impact on Industrial valve Market
Governments around the world have imposed strict lockdown regulations to curb the spread of the coronavirus outbreak. Most non-life sustaining businesses have been pushed to stop operations including a wide range of commercial industries, which will hurt market prospects in the short term. Significant numbers of workers are working from home to process orders and maintaining inventories to minimize losses during the crisis period.
Explore the global Industrial valve Market with 188 figures, 99 data tables, along with the table of contents of the report. You can also find detailed segmentation on https://www.factmr.com/connectus/sample?flag=RM&rep_id=4545
Competitive Landscape
Alfa Laval Corporate, Emerson Electric, KSB SE & Co., KGaA, KITZ Corp., Technip FMC plc, Schlumberger Ltd., Weir Group plc, Flowserve Corp., and Watts Water Technologies are some prominent industrial valves market players.
Leading participants in the industrial valves market are increasingly investing in strategic acquisitions, aimed towards widening product portfolios, bolstering supply chains and production capacities.
For example, Alfa Laval has announced its intentions to acquire Finland-based Neles for US$ 2 billion. Similarly, Tene Fund is set to buy into the majority stake of industrial valves manufacturer Habonim for more than US$ 28 million. Further, Curtiss-Wright Corp. has announced the acquisition of Dyna-Flo Control Valve Services Ltd. for US$ 62 million.
About the Report
This study offers readers a comprehensive market forecast of the industrial valves market. Global, regional and country-level analysis of the latest industry trends impacting the industrial valves market is covered in this FACT.MR study. The report offers insights on the industrial valves market on the basis of valve type (check valve, gate, globe, ball, plug, butterfly, safety relief, and others), valve material (cast steel, carbon steel, stainless steel, bronze, and others) function (manual and automatic), and end use (oil & gas, chemical, water & wastewater treatment, power plants, paper & pulp, and others), across seven regions (North America, Latin America, Eastern Europe, Western Europe, Japan, Asia Pacific excluding Japan, and MEA).
Press Release: https://www.factmr.com/media-release/1554/industrial-valves-market-trends
Fact.MR has adopted a multi-disciplinary approach to shed light on the evolution of the global Industrial Valves market during the historical period of 2014 – 2019.
The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2020, and key prospects over the forecast period 2020 – 2030.
The study includes a thorough analysis of the overall competitive landscape and the company profiles of leading market players involved in the global Industrial Valves market.
Further, the presented study offers accurate insights pertaining to the different segments, such as the market share, value, revenue, and how each segment is expected to fair post the COVID-19 pandemic.The global industrial valves market is projected to witness sluggish growth at 3.3% and slated to create an absolute $ opportunity of more than US$ 22.3 billion.
Extensive rounds of primary and comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections of the Industrial Valves market, both at global and regional levels.
The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Industrial Valves market.After reading the Industrial Valves market report, readers get insight into: Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the Industrial Valves marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potential To know How COVID-19 Pandemic Will Impact This Market/Industry | Request a sample copy of the This Market report: https://www.factmr.com/connectus/sample?flag=S_id=4545The Industrial Valves market report offers an assessment of prevailing opportunities in various regions and evaluates their shares of revenue by the end of different years of the assessment period.
A new study on the Industrial Valves market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the historical period 2015 – 2019.
The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues during the forecast period 2020 – 2030.
These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
The industrial valves market is foreseen to expand by ~1.4x, and is poised to reach a valuation of ~US$ 79 Bn by 2030-end, concludes a recently published report by Fact.MR.Key stakeholders in the Industrial Valves market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.
Many in recent months have overhauled their strategies to remain agile in the backdrop of worldwide disruptions caused by the COVID-19 pandemic.
Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=4545The study also offers scrutiny of the changing government policies amid COVID-19 disruptions.
Earwax removal aids are the medical tools used to remove earwax caused due to excessive formation of cerumen.
The earwax removal aid includes micro-suction device, earwax removal irrigation kits, earwax removal drops, earwax removal loops, earwax removal syringes, and portable ear cleaning devices.
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This trend of the social media platform has upsurge the awareness, and in turn, increased the treatment-seeking population.Preview Analysis of Global Earwax Removal Aid Market research report Segmented By Product Type (Micro-Suction Device, Ear Wax Removal Irrigation Kits, Ear Wax Removal Drops, Ear Wax Removal Loops, Ear Wax Removal Syringes, Portable Ear Cleaning Devices), By Age Group (Pediatric, Adults, Geriatric), By Distribution Channel, & by Region - https://www.factmr.com/report/4100/earwax-removal-aid-marketProduct Sales through Online Platforms to Boost the Market GrowthSale of products through online platforms such as Amazon, Flipkart, eBay, and others are gaining momentum among manufacturers, and are expected to drive the demand for earwax removal aid devices.
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Fact.MR’s Report on Global Pea Fiber MarketPea fiber is a byproduct which is extracted from the seeds and pods of a pea plant.
Pea fiber comprises high levels of protein, and does not contain any cholesterol either.
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The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin.
Prominent players covered in this research are Nutraonly (Xi'an) Nutritions Inc, G.S.
DUNN DRY MUSTARD MILLERS, Belle Pulses, Parrish & Heimbecker Limited, InterFiber, Quadra Chemicals, Cosucra, Vestkorn Milling AS, Farbest Brands, A Ingredients Inc., Puris Proteins, LLC, Emsland Group, Roquette Freres SA, AM Nutrition and Avena Foods, Limited.The pea fiber market report addresses the below-mentioned queries:Why are vendors shifting away from traditional methods of manufacturing pea fiber market?How does the global pea fiber market looks like in the next five years?Which end use industry is expected to surpass segment by the end of 2029?What innovative products are being introduced by the players in the global pea fiber market?Which regions are showing the fastest market growth?Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=4312Pelletization and Backward Integration are Key StrategiesThe global market of pea fiber is largely consolidated in nature and a major share in terms of pea fiber is from major names such as Quadra Chemicals, Roquette Freres, Cosucra, Emsland Group, and Puris Proteins.Such major pea fiber producers are boosting their revenue through the use of new extraction and drying processes, with the aim of bolstering production capacities.
