Published by Vironi Solutions LLP
Posted on October 12, 2021
The increasing demand from the process industries such as oil & gas, chemical, pharmaceuticals, and others will proliferate the growth of the control valve market over the forecast period.
The global Control valve market was valued at US $5.5 Bn in 2020 and expected to reach US $13.93 Bn by 2027 and is expanding at a CAGR of 14.20% during the forecast period
Control valve manufacturers are focused on offering a required set of components across the pharmaceutical industry value chain and spending on R&D activities. Similarly, pharmaceutical companies are looking to develop sophisticated fluid handling systems, such as automatic sanitizer dispensers and liquid soap dispensers, which, in turn, are creating the need for valves. Thus, the growing production of healthcare devices and increasing R&D investments in the pharmaceuticals sector will positively influence the market growth.
Moreover, the growing number of oil & gas exploration activities in regions such as the Middle East & Africa, China, and North America is expected to boost the demand for control valves in coming years. For instance, the second-largest offshore oil field in the world is operated by the Zakum Development Company (ZADCO) – a joint venture of Abu Dhabi National Oil Company (ADNOC), ExxonMobil, and the Japan Oil Development Company (Jodco). The field is located off the coast of Abu Dhabi and is estimated to hold around 50 billion barrels of oil equivalent.
Get a Sample Copy of the Control Valve Market Report 2021-2027 Including TOC, Figures, and Graphs at https://www.alltheresearch.com/sample-request/753
Points Covered in this report are:
To share detailed information about the key factors such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors, etc.
To study and analyze the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Players covered in the Control Valve Market report is:
For more Customization, Connect with us at https://www.alltheresearch.com/customization/753
By End User :
By Type:
Control Valve Market by Region Outlook:
In terms of geography, The Asia Pacific region is expected to grow at a rapid pace owing to the presence of abundant natural resources like minerals, ores, among others, in countries like China, India, Australia, Malaysia, and other Asian countries. These countries carry out mining and construction activities to extract natural resources in the region. The construction industry of the region has started adopting Control Valves for site inspection and for speeding up construction activities on site.
Get the PDF to understand the CORONA Virus/COVID19 impact and be smart in redefining business strategies: https://www.alltheresearch.com/impactC19-request/753
Key Findings:
About AllTheResearch:
We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At AllTheResearch, we understand Research requirements and help a client in taking informed business-critical decisions. Given the complexities and interdependencies of market intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving way for more simplified and relevant research.
For all your Research needs, reach out to us at:
Contact Person: Rohan S.
Email: contactus@alltheresearch.com
US: +1(407)-768-2028
The increasing demand from the process industries such as oil & gas, chemical, pharmaceuticals, and others will proliferate the growth of the control valve market over the forecast period.
The global Control valve market was valued at US $5.5 Bn in 2020 and expected to reach US $13.93 Bn by 2027 and is expanding at a CAGR of 14.20% during the forecast period
Control valve manufacturers are focused on offering a required set of components across the pharmaceutical industry value chain and spending on R&D activities. Similarly, pharmaceutical companies are looking to develop sophisticated fluid handling systems, such as automatic sanitizer dispensers and liquid soap dispensers, which, in turn, are creating the need for valves. Thus, the growing production of healthcare devices and increasing R&D investments in the pharmaceuticals sector will positively influence the market growth.
Moreover, the growing number of oil & gas exploration activities in regions such as the Middle East & Africa, China, and North America is expected to boost the demand for control valves in coming years. For instance, the second-largest offshore oil field in the world is operated by the Zakum Development Company (ZADCO) – a joint venture of Abu Dhabi National Oil Company (ADNOC), ExxonMobil, and the Japan Oil Development Company (Jodco). The field is located off the coast of Abu Dhabi and is estimated to hold around 50 billion barrels of oil equivalent.
Get a Sample Copy of the Control Valve Market Report 2021-2027 Including TOC, Figures, and Graphs at https://www.alltheresearch.com/sample-request/753
Points Covered in this report are:
To share detailed information about the key factors such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors, etc.
To study and analyze the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Players covered in the Control Valve Market report is:
For more Customization, Connect with us at https://www.alltheresearch.com/customization/753
By End User :
By Type:
Control Valve Market by Region Outlook:
In terms of geography, The Asia Pacific region is expected to grow at a rapid pace owing to the presence of abundant natural resources like minerals, ores, among others, in countries like China, India, Australia, Malaysia, and other Asian countries. These countries carry out mining and construction activities to extract natural resources in the region. The construction industry of the region has started adopting Control Valves for site inspection and for speeding up construction activities on site.
Get the PDF to understand the CORONA Virus/COVID19 impact and be smart in redefining business strategies: https://www.alltheresearch.com/impactC19-request/753
Key Findings:
About AllTheResearch:
We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At AllTheResearch, we understand Research requirements and help a client in taking informed business-critical decisions. Given the complexities and interdependencies of market intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving way for more simplified and relevant research.
For all your Research needs, reach out to us at:
Contact Person: Rohan S.
Email: contactus@alltheresearch.com
US: +1(407)-768-2028
Explore more articles in the Research Reports category
