Published Date : Feb 27, 2017
Albany, NY, Feb 27, 2017: MarketResearchReports.biz has recently added a new research report to its resourceful repository. The study, titled “Global Industrial Valves Market In Oil And Gas Industry 2017-2021,” is a comprehensive outlook of the market. The publication assesses the various segments of the global industrial valves market in oil and gas industry and determines the strengths, weaknesses, opportunities, and threats impacting them. The research report includes insightful interview with market experts that are reveal a great deal about the important market dynamics and their volatile nature. The report also highlights the market drivers and restraints influencing the revenue being earned by the existing players in the global market.
According to the research report, the global industrial valves market in oil and gas industry is expected to expand at a CAGR of 5.69% between 2017 and 2021. The emergence of the oil and gas industry in the past few years has been the key growth driver for the industrial valves market. Valves play an important role in the oil and gas industry as they are used for transporting fluids from one point to the other. These components are critical for the seamless operation of the oil and gas industry. According to analysts, the global industrial valves market in oil and gas industry is likely to be driven by the stringent government regulations to cut down on environmental degradation. Furthermore, factors such as widening applications of valves in oil and gas industry and the rise of pipeline transportation activities are also expected to play a critical role in determining the growth of the overall market. However, the market faces tough challenges such as price fluctuation due to political volatility, fluctuating cost of raw material, and high costs of maintenance.
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The global market offers products such as ball valves, plug valves, gate valves, globe valves, butterfly valves, and others. In terms of geography, the overall market is segmented into Europe, the Middle East and Africa, the Americas, and Asia Pacific. The report assesses these segments and determines which one is projected to lead in the coming years. It also provides explanations about the factors that will support the progress of industrial valves market in oil and gas industry in certain regions over others.
The prominent players operating in the global industrial valves market in oil and gas industry are Cameron, Emerson, Flowserve, Pentair, AVK, 4matic, A V Valves, Alfa Laval, Brooksbank, Cameroon, Camtech Valves, CIRCOR Energy, Crane, Crescent Valves, Curtiss-Wright, Fluuitek Orsenigo Valves, FMC, GE, and Honeywell International. The research report provides a detailed study about the financial outlook, research and development statuses, management styles, and business and marketing strategies of these key players in the global market. Additionally, it also presents an understanding of the competitive landscape present in the market and determines the threat from substitutes and new entrants for the forecast period.
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