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Industrial valves market is expected to gain market growth in the forecast period of 2020 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.7%in the forecast period of 2019 to 2029and expected to reach USD 104,129.06 million by 2029.
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Key Players Mentioned in the Middle East and Africa Industrial Valves Market Research Report:
Emerson Electric Co, The Weir Group PLC, Flowserve Corporation, Schlumberger Limited, Spirax-Sarco Engineering plc, IMI PLC, Crane Co, KITZ Corporation, Metso Corporation, Neway valve, Velan Inc, SAMSON AKTIENGESELLSCHAFT, Forbes Marshall, Swagelok Company, Dwyer Instruments, Inc, Avcon Controls Pvt Ltd, Curtiss-Wright Corporation, Apollo Valves, Kim Diaphragm Valves, MRC Global Inc, and ALFA LAVAL
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Based on types, the Middle East and Africa Industrial Valves Market Segmentations
- On the basis of type, the Middle East and Africa industrial valves market is segmented into gate valve, globe valve, ball valve, butterfly valve, diaphragm valve, check valve, plug valve, pinch valve, needle valve, pressure relief valve and others The gate valve accounted largest market share as these valve are widely suitable for all the underground and above ground installation. The major advantages of these valves are that it is an energy-efficient alternative as it consumes less power while opening or closing. This is because the movement direction lies perpendicular to the media flow direction. Hence, as compared to globe valves, gate valves save both energy and time.
- On the basis of function, the Middle East and Africa industrial valves market is segmented into isolation, regulation, safety relief valve, special purpose, and non-return. The isolation segment accounted largest market share as these valve are widely suitable for commercial and industrial applications.
- On the basis of material, the Middle East and Africa industrial valves market is segmented into ductile iron, carbon steel, plastic, brass, bronze, copper, aluminum and others. Carbon steel segment accounted largest market share because as carbon steel has high and low temperature strength, is very tough and has excellent fatigue strength. Mainly used in gate, globe, and check valves for applications up to 454ºC, and in one-, two-, and three-piece ball valves. Can be forged or cast, with forgings being superior especially for large sizes in very high classes.
- On the basis of accessories, the Middle East and Africa industrial valves market is segmented into hydraulic filter, power cable, mounting screw & bolts, seal kits, dust protection cover and others. Hydraulic filter segment accounted largest market share because these temperature range of thermocouple are widely use in the industrial applications.
- On the basis of size, the Middle East and Africa industrial valves market is segmented into 1 inch to 6 inch, 6 inch to 12 inch, 12 inch to 24 inch, 24 inch to 48 inch and above 48 inch. 1 inch to 6 inch segment accounted largest market share as these sizes of valves are used in wide range of application such as chemical, food and beverages , water and waste industries and many others applications.
- On the basis of application, the Middle East and Africa industrial valves market is segmented into oil & gas, water & waste treatment, chemical, energy & utilities, food & beverages, pharmaceutical, agriculture, marine, automotive, metals & mining, paper & pulp and others. Oil & gas segment accounted largest market share as in these sector require valves for controlling flow rates, protect equipment, and guide and direct the refining process of crude oil. Apart from these, the growing production of oil and gas fuel has increased the usage of the industrial valves.
Global Middle East and Africa Industrial Valves Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2023-2029):North America (United States, Canada and Mexico)Europe (Germany, UK, France, Italy, Russia and Spain etc.)Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)South America (Brazil, Argentina and Colombia etc.)Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Middle East and Africa Industrial Valves Market : Key Questions Answered in the Report:
-How has the rapidly evolving business environment become an important growth engine for the Middle East and Africa Industrial Valves market?-What are the underlying macroeconomic factors that impact the growth of the Middle East and Africa Industrial Valves market?-What are the key trends that constantly shape the growth of the Middle East and Africa Industrial Valves market?-What are the prominent regions that offer abundant opportunities for the Middle East and Africa Industrial Valves market?-What are the key differential strategies adopted by key players to control a significant part of the global market share?
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The report also tracks the latest market dynamics, such as driving factors, restraining factors, and industry news like mergers, acquisitions, and investments. It provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries.
- This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
- The individual market revenue of the major countries in each area is mapped.
- The research examines the Middle East and Africa Industrial Valves market circumstances on a regional and country-by-country basis.
- The Middle East and Africa Industrial Valves market’s major participants have been identified.
- To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
- An in-depth analysis of the Middle East and Africa Industrial Valves market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
- Part 01: Executive Summary
- Part 02: Scope of the Middle East and Africa Industrial Valves Market Report
- Part 03: Global Middle East and Africa Industrial Valves Market Landscape
- Part 04: Global Middle East and Africa Industrial Valves Market Sizing
- Part 05: Global Middle East and Africa Industrial Valves Market Segmentation By Product
- Part 06: Five Forces Analysis
- Part 07: Customer Landscape
- Part 08: Geographic Landscape
- Part 09: Decision Framework
- Part 10: Drivers and Challenges
- Part 11: Market Trends
- Part 12: Vendor Landscape
- Part 13: Vendor Analysis
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