The Control Valve Market Report contains detailed information on factors influencing demand, growth, opportunities, challenges and constraints. It provides detailed information on global and regional industrial structure and prospects. In addition, the report includes research and development, new product launches and product response data from leading companies in the global and local markets. Structured analysis provides a graphical representation and graphical breakdown of the control valve market by region.
Global control valve market research report: valve type (gate valve, globe valve, diaphragm valve, ball valve, butterfly valve, check valve, etc.), valve size (less than 1 inch, 1 inch to 6 inches, 6 “25″, “50″ 25 and 50 and above), component (valve, actuator and other), end use (oil & gas, water and waste water, energy and electric power, chemical industry , Food and Beverage, Pharmaceuticals and others) and by region (North America, Europe, Asia Pacific, Middle East and Africa, South America)- 2025 forecast
The Bureau of Economic Analysis and the U.S. Census Bureau released a report on June 8, 2021, saying the U.S. market is recovering. The report also described a recovery in U.S. international trade in July 2021. In April 2021, the country’s exports reached $300 billion, up $13.4 billion. In April 2021, imports were $294.5 billion, up $17.4 billion. COVID-19 remains a major concern for the global economy, as evidenced by the year-over-year decline in U.S. exports from April 2020 to April 2021 and an increase in imports during the same period. The market is clearly struggling to recover. Nonetheless, this means a direct impact on the healthcare /ICT/ chemical industry, resulting in a huge market for control valves.
The control valve is a mechanical device that controls the flow of fluid in the system by changing the size of the flow channel. In addition, they regulate and control various conditions, such as level, temperature and pressure, based on signals received from the control system. The partial or full opening or closing of the control valve is performed by the actuator. The main parts of the valve include valve body, valve cover, valve plate, seat, valve inner parts, stem, plug and so on. Control valves are used for operations in the oil and gas, water and wastewater, chemical, food and beverage, Marine, energy and power industries.
The factors driving the growth of the control valve market are increased investment in the water and wastewater industry and the construction and upgrading of nuclear power plants. The water and wastewater treatment industry includes a variety of chemical or physical treatment processes and wastewater biological treatment processes used to remove pollutants and harmful pollutants such as sulfur, nitrates and bacteria from water. In Chile, about 99.97% of the population had access to sewage treatment plants in 2017, according to the Organization for Economic Cooperation and Development (OECD). In addition, there were 14,748 sewage treatment plants in the United States in 2017, according to an infrastructure report card published by the American Society of Civil Engineers. In addition, the demand for sewage treatment plants is expected to increase by 23 percent by 2032, with an estimated investment of 271 billion yuan. These developments have led to an increase in the use of control valves, as they help to better control and monitor flow, sludge and chemicals in the water and wastewater industries.
For research purposes, the global control valve market is segmented by valve type, valve size, component, end use and region. By valve type, the global market is divided into gate valves, globe valves, diaphragm valves, ball valves, butterfly valves, check valves, etc. The global market is segmented by valve size to less than 1″, 1″ to 6″, 6″ to 25″, 25″ to 50″ and 50″ and above. The global market is divided by components into valve bodies, actuators, etc. The global control valve market is segmented by end use into oil & Gas, water & Wastewater treatment, Energy & Power, chemicals, Food & Beverage, pharmaceuticals, etc. By region, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Based on COVID-19 impact Analysis: We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product chain based on upstream and downstream markets. We have analysed the impact of COVID-19 on different regions and key countries. Pointing out the impact of COVID-19 on the industry’s future development.
Post time: May-18-2022
