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[PDF] What do the Valve Market trends indicate about Future Growth?Published : 3 years ago, on
United States/WA: The global Valve Market was accounted for US$ 72,862.8 Mn in terms of value in 2019 and is expected to grow at CAGR of 6.8% for the period 2019-2027.
Report Pages:[130 Pages]
The Competitive Area of the Valves Market is Defined by Key Players Like:-Schlumberger Limited, Goodwin International Ltd, Honeywell International Inc., General Electric Company, Emerson Electric Co., Rotork Plc, KITZ Corporation, AVK Holding A/S, Bürkert Fluid Control Systems, and Flowserve Corporation.
A valve is a device or natural object that regulates, directs or controls the flow of a fluid (gases, liquids, fluidized solids, or slurries) by opening, closing, or partially obstructing various passageways. Valves are technically fittings, but are usually discussed as a separate category. In an open valve, fluid flows in a direction from higher pressure to lower pressure. The word is derived from the Latin valva, the moving part of a door, in turn from volvere, to turn, roll. Valves feature a range of characteristics, standards, and groupings the help to give you an idea of their intended applications and expected performance.
A valve is a component in a piping system that is used to control the flow of the media through the system. This control is achieved by the manipulation of some type of obstructer within the valve. Actuated valves use mechanical devices called “actuators” to operate the valve using a power source such as compressed air or electricity. Most actuated valves are also available in a manually operated version, or as an actuated valve with a manual override. A valve is a mechanical device that blocks a pipe either partially or completely to change the amount of fluid that passes through it. When you turn on a faucet (tap) to brush your teeth, you’re opening a valve that allows pressurized water to escape from a pipe. Similarly, when you flush the toilet, you open two valves: one (the siphon) that allows water to escape to empty the pan and another (called a ball valve or ballcock) that admits more water into the tank ready for the next flush.
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Detailed Segmentation:
- Global Valves Market, By Product Type:
- Pressure Reducing Valves
- Safety/Relief Valves
- Control Valves
- Globe Valves
- Plug Valves
- Gate Valves
- Ball Valves
- Butterfly Valves
- Diaphragm Valves
- Other Valves
- Global Valves Market, By Industry:
- Oil & Gas
- LNG
- Petroleum
- Upstream
- Midstream
- Downstream
- Petrochemical
- Power
- Fossil
- Coal & Oil
- Natural Gas
- Nuclear Power
- Other Power
- Fossil
- Chemicals
- Marine
- Construction
- Pulp & Paper
- Mining
- Water & Waste Water Treatment
- Others
- Oil & Gas
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