New York, November 9, 2021/PRNewswire/-According to Technavio’s latest research report, the valve market is expected to increase by USD 11.85 billion from 2020 to 2025, with a compound annual growth rate of more than 4%.
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The valve market report provides overall updates, market size and forecasts, trends, growth drivers and challenges, and supplier analysis.
The report provides the latest analysis on the current global market situation, the latest trends and driving factors, and the overall market environment. The market is driven by the development of the water and wastewater industry. This study identified the growth of nuclear power generation in the Asia-Pacific region as one of the main reasons for the growth of the valve market in the next few years.
The valve market analysis includes end-user market segments and geographic patterns. For end users, the market has witnessed the greatest demand for valves in the chemical and oil and gas industries. It is expected that during the forecast period, the market growth of the oil and gas industry will be significant. In terms of geography, the Asia-Pacific region will provide market participants with the greatest growth opportunities. The region currently accounts for 36% of the global market share.
This report introduces the valve market in detail through the analysis of key parameters, research, synthesis and aggregation of data from multiple sources.
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Related report: Global Ball Valve Market-The global ball valve market is segmented by type (fixed ball valves, floating ball valves, and rising stem ball valves) and geography (Asia Pacific, North America, Europe, South America, and MEA). Download exclusive free sample report
The global high pressure valve market-the global high pressure valve market by product (angle stroke valve, multi-turn valve and control valve), end user (oil and gas industry, mining industry, chemical industry, water and wastewater industry, etc.) and geography (Asia-Pacific region, Europe, North America, MEA and South America). Download exclusive free sample report
Alfa Laval AB, Avcon Controls Pvt Ltd., AVK Holding AS, Crane Co., Emerson Electric Co., Flowserve Corp., Forbes Marshall Pvt. Ltd., IMI Plc, Schlumberger Ltd., and The Weir Group Plc
Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID-19 impact and future consumer dynamics, market conditions during the forecast period
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Post time: Dec-03-2021
