Control valves are the devices which allow the passage of fluids (liquids and gases). Control valve act as a passage which open and closes when fluid flows through it. Control valves are mainly use in process industries such as food and beverages, oil and gas, waste water treatment etc. in order to control the process by maintaining the flow of fluid. In the market, latest control valves are also available which are automated and sensor based for swift operations.
Global control valves market is projecting a rise in estimated value by 2026, registering a CAGR of 6.8% in the forecast period of 2019-2026 due to Increase in the infrastructure project in developing countries, Rise of automation in the process industry and Increase in research and development to design and develop new valves
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Market Drivers and Restraints:
Growth in demand from water and wastewater treatment, oil & gas industry, power industry and pharmaceutical industry would act as a catalyst
Adoption of smart valves and automation in industries have enhanced the market
Increase in the power generation plants including nuclear plants across the globe may boost the market
Increase in research and development to design and develop new valves has driven the market
Huge initial investment would hinder the growth
High failure rate of valves can restrict the market of control valve
The major players covered in the Control Valves Market
Few of the major competitors currently working global control valves market are Curtiss-Wright, Crane Co., Emerson Electric Co, Flowserve Corporation, Alfa Laval, IMI plc, Neway Valves., Velan Inc., Samson Controls Inc., Pentair plc., Kitz Corporation, Metso Corporation, The Weir Group PLC, SpiraxSarco Limited, Valvitalia SpA, SchlumbergerLimited, Eaton, Honeywell, Baker Hughes and others
Major TOC Of The Report
Chapter One: Control Valves Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Control Valves Market Competition, by Players
Chapter Four: Global Control Valves Market Size by Regions
Chapter Five: North America Control Valves Market Revenue by Countries
Chapter Six: Europe Control Valves Market Revenue by Countries
Chapter Seven: Asia-Pacific Control Valves Market Revenue by Countries
Chapter Eight: South America Control Valves Market Revenue by Countries
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Control Valves Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Control Valves Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Control Valves Market
A roadmap of growth opportunities available in the global Control Valves Market with the identification of key factors
The exhaustive analysis of various trends of the global Control Valves Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Control Valves Market ?
What will the Control Valves Market Demand and what will be Growth?
What are the latest opportunities for Control Valves Market in the future?
What are the strengths of the key players?
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