Global Industrial Valves Market Forecast

Bharat Book Bureau provides the report, on “Global Industrial Valves Market Forecast”. https://www.bharatbook.com/industrial-goods-machinery-market-research-reports-784521/industrial-valves-global.htmlThis Report to gain an in-depth understanding of global industrial valves market.

Bharatbook.com announces a report on “Global Industrial Valves Market Forecast”. This report the information contained in this report is based upon both primary and secondary research.

Industrial valves are mechanical/electromechanical devices used for controlling, regulating and diverting flow and pressure in fluids (liquids, gases and slurries) by closing, opening or blocking the passage of fluid. Industrial valves are widely used in diverse sectors including oil & gas, chemical, municipal, power, etc. Over the last five years, global industrial valves market has been witnessing growth, predominantly on account of increasing demand for industrial valves in the major developing countries.

Owing to booming industrialization, countries like China, India and Brazil are investing heavily on power and municipal infrastructure to meet the growing demand for energy and water. Large scale construction of coal-fired plants in China and India, and combined-cycle natural gas power plants in the US and other European countries, is expected to drive global industrial valves market during next five years. Moreover, recovering oil prices, increasing exploration & production activities and rising investments in oil refining are some of the other major factors anticipated to propel global industrial valves market over the next five years.

According to “Global Industrial Valves Market By Type, By Application, By Region, Competition Forecast and Opportunities, 2011 – 2021”, global industrial valves market is projected to cross $78 billion by 2021. Industrial valves market has been segmented into six categories - globe, butterfly, ball, gate, plug and others.

Among these categories, globe...