Global valve market is expected to grow at a CAGR of 6.1% from 2017 to 2025

Portland, OR -- (SBWire) -- 07/26/2017 --A valve is a device that directs or controls the stream of a fluid (gas, liquid, or slur) by opening, closing, or blocking different tubes. Moreover, valve comprises of body, bonnet, ports, handles & actuators, disc, seat, steam, gasket, valve balls, spring, and trim. Valves have many applications, such as controlling water for irrigation, industrial, and residential use. They are also used in the military and transport sectors. They are similar to the management body in the control process. Global valve market is expected to grow at a CAGR of 6.1% from 2017 to 2025.

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The global valves market is segmented on the basis of type, application, and geography. Based on type, the market is segmented into quarter-turn valves (ball valve, butterfly valve, plug valve, and spherical valve), multi-turn valves (gate valve, globe valve, fixed cone valve, needle valve, and pinch valve), and control valves (pneumatic control valve, hydraulic control valve, and electric control valve). In terms of application, it includes oil & gas, paper & pulp, mining, water & wastewater, food & beverages, energy & power, automotive, and others (chemical, iron & steel, and construction). Based on geography, it is segmented into North America, Europe, Asia-Pacific, and LAMEA.

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Market Dynamics:

Drivers:

Need for automation in the process industry
Rise in number of industrial infrastructure projects in developing countries
Advancement in technology
Expansion in oil and gas refineries

Restraints:

Large capital investment required to set up new manufacturing facility
Stiff competition from local manufacturers
Manufacturing complexities
Manufacture cost effective control valve

Market Players:

The top players in the global valve market include Honeywell International Inc., Emerson Electric Co., Flowserve Corporation, Pentair Plc., General Electric, Rotork, Siemens AG, Brkert GmbH & Co. KG, Schlumberger Limited, and Watts Water Technologies, Inc.

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Table Of Contents:
1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter's Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Valve Market Shares Analysis, 2014-2025
3.4.1. Global Valve Market Share by type, 2014-2025
3.4.2. Global Valve Market Share by application, 2014-2025
3.4.3. Global Valve Market Share by geography, 2014-2025
4. Global Valve Market by Type
4.1. Quarter-Turn Valves