Published By: Syndicate Market Research
Industrial valves Market – Global Industry
Perspective, Comprehensive Analysis and
Forecast, 2014 – 2020
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Global Industrial valves Market
Valves are vital components used in both domestic and industrial perspective. The valves particularly
control the volume, pressure, rate and direction of fluids. valves are mostly used in heavy industries and
are available in various kinds. The industrial valves include standard valves that offer leak-proof and lowmaintenance ability. However, they are manual operated. Further, industrial valves also include
automatic valves which are more efficient than standard valves.
Industrial valves market is mainly driven by growing demand of petrochemical products such as paints,
polymers, plastics, and fuel additives. Another major factor to drive demand for industrial valves is
growing oil & gas and power application industry in Africa and Middle East regions. However, fading
demand from mining industry is major restraints that could hinder the growth of the industrial valves
market.
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Value chain analysis and Porter’s Five Forces Model have been presented to provide a comprehensive
view of the market. These would also help understand specifics of the industry structure apart from giving
an overview of degree of competitiveness. The market was segmented on the basis of type, and end-use
application industry in terms of value. The market segments by end-use application industry include oil &
gas, chemical, municipal, power, and others. The valve type segmentation includes market size of ball
valves, globe valves, gate valves, butterfly valves, and others.
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Global Industrial valves...