In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Valves market for 2018-2023.
Valves is a mechanical device that regulates, directs or controls the flow of a fluid gases, liquids, fluidized solids, or slurries by opening, closing, or partially obstructing various passageways. There are many types of valve, including stop isolation valves?regulating valves?back-flow prevention valves?pressure-relief valves and so on.They are majorly used in water controlling for irrigation as well as industrial, military, commercial, residential, and transport sectors. Such as drip irrigation and sprinkler irrigation, oil and gas, power generation, mining, water reticulation, sewage and chemical manufacturing.
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Different types of valves are available: gate, globe, plug, ball, butterfly, check, diaphragm, pinch, pressure relief, control valves etc. Each of these types has a number of models, each with different features and functional capabilities. Some valves are self-operated while others manually or with an actuator or pneumatic or hydraulic is operated. In the report, it includes all kinds of valves.
For industry structure analysis, the valves industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top 10 producers account for less than 30% of the revenue market. Regionally, North America is the biggest production area of valves, also the leader in the whole valves industry. Europe and China also produce large amount of valves per year.
For price trend analysis, a key variable in the performance of valves producers is raw material costs, specifically the speed at which any increase can be passed through to customers. The price of the major raw material varies according to the steel price. This year, as the downturn of global steel industry, the valves price would keep decreasing for at least the following 5 years.
For forecast, the global valves revenue would keep increasing with annual growth rate with 1~2%, and a little higher speed in China. We tend to believe that this industry still has a bright future, considering the current demand of valves. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
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Over the next five years, Planet Market Reports projects that Valves will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Valves market by product type, application, key manufacturers and key regions.
To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
Oil & Gas or Energy Industry
Water Treatment Industry
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Henan Kaifeng High Pressure Valve
Henan Kaifeng High Pressure Valve
CNNC Sufa Technology Industry
Jiangsu Shentong Valve
Beijing Valve General Factory
Shandong Yidu Valve Group
Dazhong Valve Group
SHK Valve Group
Dalian DV Valve
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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