Posted By Uma Rajagopal
Posted on January 3, 2022
Future Market Insights delivers key insights on the global pressure reducing valve market in its latest report titled ‘Pressure Reducing Valve Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 20122-2028’. The long-term outlook for the global pressure reducing valve market remains positive with the market value expected to grow at a CAGR of 4.3% during the forecast period (2022 – 2028).
Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-3784
Among the product type segments, the pilot operating segment is expected to expand at a significant CAGR, in terms of value, over the forecast period. Among the operating pressure segments, the above 800 Psig segment is anticipated to witness a high CAGR, in terms of value, over the forecast period in the pressure reducing valve market. The chemicals segment is expected to hold a major share in terms of value among the end-use industry segments in the global pressure reducing valve market due to the increasing demand for chemicals from various applications.
The global market for pressure reducing valves is estimated to be valued at US$ 1,701.6 Mn by the end of 2022 and is expected to witness a Y-o-Y growth rate of 4.3% over the forecast period. China is estimated to account for a significant value share in the global pressure reducing valve market by 2022 end and is anticipated to remain dominant throughout the forecast period in the pressure reducing valve market.
The pressure reducing valve market has been experiencing significant growth for years now, particularly in Middle East & Africa, India and China. The growing demand for oil & gas, chemicals and power across GCC Countries and India is contributing to the substantial demand for pressure reducing valves in these regions.
However, the global pressure reducing valve market is expected to face certain challenges. Manufacturers have to follow certain regulations pertaining to pressure reducing valves, which include ASME and JIS.
Prominent manufacturers are involved in the introduction of pressure reducing valves while adhering to the international regulations and certification in order to enhance their presence in the market. These is expected to be one of the key trends identified in the global pressure reducing valve market.
Ask For Regional Data : https://www.futuremarketinsights.com/ask-regional/rep-gb-3784
Segmentation Analysis
On the basis of product type, the direct acting segment is anticipated to dominate the pressure reducing valve market over the forecast period
On the basis of material, the ductile iron segment is expected to register the highest growth, in terms of volume as well as value, in the global pressure reducing valve market over the forecast period
On the basis of operating pressure, the 50-200 Psig segment is expected to account for more than 2/5th of the overall incremental opportunity created in the global pressure reducing valve market during the forecast period
On the basis of application, gas and liquid segments, together, are expected to create an incremental opportunity1.7X that of the steam segment’s in the global pressure reducing valve market
On the basis of end-use industry, the chemical segment is pegged to remain dominant in the global pressure reducing valve market throughout the forecast years
Regional Analysis
Western Europe and China together are estimated to have collectively accounted for more than 2/5th of the overall share in the global pressure reducing valve market by the end of 2017. The Middle East & Africa region is a key production base for the oil & gas industry and thus the region is expected to create significant growth opportunities in the global pressure reducing valve market.
Purchase the Report : https://www.futuremarketinsights.com/checkout/3784
Vendor Insights
The report highlights some of the top companies operating in the global pressure reducing valve market such as Watts Water Technologies, Inc., Spirax Sarco Engineering plc, TLV, Itap Spa, Caleffi S.p.a., HAWE Hydraulik SE, Yoshitake Inc., Genebre, HYDAC, Forbes Marshall, CIRCOR International, Inc., Armstrong International Inc. and Fushiman Co., Ltd.
Explore FMI’s Extensive Coverage on Industrial Automation Domain
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Busbars Market : Busbars Market by Conductor Type (Copper and Aluminum), Power Rating (Low, Medium and High), End User (Residential, Commercial and Industrial) and Region- Forecast 2022-2028
Machine Tool Touch Probe Market : Machine Tool Touch Probe Market By Probe Type (3D Touch Probes, 2D Spindle Probes, Tool-Length Measuring Probes, Tool Touch-off Probes), Transmission (Infrared, Radio, Hard Wired), Machine Type (CNC Machining Center, CNC Turning Center and Others) End Use (Automotive, Defense & Aerospace, Electronic, General Machining, Medical, Petrochemical and Others) & Region – Forecast 2022 – 2028
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: mailto:[email protected]
For Media Enquiries: mailto:[email protected]
Website: https://www.futuremarketinsights.com/
Future Market Insights delivers key insights on the global pressure reducing valve market in its latest report titled ‘Pressure Reducing Valve Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 20122-2028’. The long-term outlook for the global pressure reducing valve market remains positive with the market value expected to grow at a CAGR of 4.3% during the forecast period (2022 – 2028).
Get Sample of the report : https://www.futuremarketinsights.com/reports/sample/rep-gb-3784
Among the product type segments, the pilot operating segment is expected to expand at a significant CAGR, in terms of value, over the forecast period. Among the operating pressure segments, the above 800 Psig segment is anticipated to witness a high CAGR, in terms of value, over the forecast period in the pressure reducing valve market. The chemicals segment is expected to hold a major share in terms of value among the end-use industry segments in the global pressure reducing valve market due to the increasing demand for chemicals from various applications.
The global market for pressure reducing valves is estimated to be valued at US$ 1,701.6 Mn by the end of 2022 and is expected to witness a Y-o-Y growth rate of 4.3% over the forecast period. China is estimated to account for a significant value share in the global pressure reducing valve market by 2022 end and is anticipated to remain dominant throughout the forecast period in the pressure reducing valve market.
The pressure reducing valve market has been experiencing significant growth for years now, particularly in Middle East & Africa, India and China. The growing demand for oil & gas, chemicals and power across GCC Countries and India is contributing to the substantial demand for pressure reducing valves in these regions.
However, the global pressure reducing valve market is expected to face certain challenges. Manufacturers have to follow certain regulations pertaining to pressure reducing valves, which include ASME and JIS.
Prominent manufacturers are involved in the introduction of pressure reducing valves while adhering to the international regulations and certification in order to enhance their presence in the market. These is expected to be one of the key trends identified in the global pressure reducing valve market.
Ask For Regional Data : https://www.futuremarketinsights.com/ask-regional/rep-gb-3784
Segmentation Analysis
On the basis of product type, the direct acting segment is anticipated to dominate the pressure reducing valve market over the forecast period
On the basis of material, the ductile iron segment is expected to register the highest growth, in terms of volume as well as value, in the global pressure reducing valve market over the forecast period
On the basis of operating pressure, the 50-200 Psig segment is expected to account for more than 2/5th of the overall incremental opportunity created in the global pressure reducing valve market during the forecast period
On the basis of application, gas and liquid segments, together, are expected to create an incremental opportunity1.7X that of the steam segment’s in the global pressure reducing valve market
On the basis of end-use industry, the chemical segment is pegged to remain dominant in the global pressure reducing valve market throughout the forecast years
Regional Analysis
Western Europe and China together are estimated to have collectively accounted for more than 2/5th of the overall share in the global pressure reducing valve market by the end of 2017. The Middle East & Africa region is a key production base for the oil & gas industry and thus the region is expected to create significant growth opportunities in the global pressure reducing valve market.
Purchase the Report : https://www.futuremarketinsights.com/checkout/3784
Vendor Insights
The report highlights some of the top companies operating in the global pressure reducing valve market such as Watts Water Technologies, Inc., Spirax Sarco Engineering plc, TLV, Itap Spa, Caleffi S.p.a., HAWE Hydraulik SE, Yoshitake Inc., Genebre, HYDAC, Forbes Marshall, CIRCOR International, Inc., Armstrong International Inc. and Fushiman Co., Ltd.
Explore FMI’s Extensive Coverage on Industrial Automation Domain
Bridge Bearings Market : Bridge Bearings by Material Type (Steel and Rubber & Combined), Design Type (Elastomeric Bearings, Pot Bearings, Sliding Plate Bearings, Roller Bearings, Spherical Bearings, Disc Bearings and Others) and Region- Market Forecast 2022-2028
Busbars Market : Busbars Market by Conductor Type (Copper and Aluminum), Power Rating (Low, Medium and High), End User (Residential, Commercial and Industrial) and Region- Forecast 2022-2028
Machine Tool Touch Probe Market : Machine Tool Touch Probe Market By Probe Type (3D Touch Probes, 2D Spindle Probes, Tool-Length Measuring Probes, Tool Touch-off Probes), Transmission (Infrared, Radio, Hard Wired), Machine Type (CNC Machining Center, CNC Turning Center and Others) End Use (Automotive, Defense & Aerospace, Electronic, General Machining, Medical, Petrochemical and Others) & Region – Forecast 2022 – 2028
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: mailto:[email protected]
For Media Enquiries: mailto:[email protected]
Website: https://www.futuremarketinsights.com/
