MRRSE has announced the addition of the “Control Valves Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” report to their offering.
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Control valves market to thrive as oil and gas reserves decline, reports
1. Control Valves Market to Thrive as Oil and Gas Reserves
Decline, Reports
Report Description
The major usage of control valves is to control conditions
such as pressure, temperature, flow and liquid level either
fully or partially closing or opening the valve in response to
2. the signals being received from controllers. Control valves are
used in various industries such as power generation, oil and
gas, wastewater management, automotive, pharmaceuticals,
mining, chemicals and food and beverages among others. The
global control valves market has been segmented on the basis
of types, application and geography. In terms of product
type, the control valves market has been segmented into
pneumatic control valves, hydraulic control valves and
electric control valves. A cross sectional study of the global
control valves market broadly across geographical segments
has also been covered under the scope of the study.
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3. The market for control valves is primarily driven by factors
such as increasing investment in the oil and gas industry and
increasing number of pipeline installations to ensure efficient
fluid handling across different industry verticals. Moreover, in
order to meet the increasing demand of processed foods from
the emerging markets like China. India and Brazil, the food
processing industry is challenged with the uphill task of
producing their products faster than ever before. This
resulted in the growing demand for control valves to ensure
efficient food processing and control processing environments.
Furthermore, the demand for control valves also is expected
be high in the pharmaceutical industry as various
pharmaceutical companies are investing in sophisticated fluid
4. handling systems in order to speed up the manufacturing
process. Deploying efficient control valves systems ensures
improvement of hygiene during the manufacturing process
and reduces the scope of leniency regarding safety issues.
Increased numbers of industrial infrastructure projects in
developing countries coupled with increasing investments in
the shale gas sector are also expected to boost the demand
for control valves during the forecast period.
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As per recent trends, it has been observed that, the
manufacturers of control valves are constantly engaging in
5. research and development activities to design their products
in a way as to match the changing requirements arising out
from the various industries. There has been an increasing
emphasis on designing and manufacturing control valves that
would eliminate periodic maintenance. Due to the innovation
in product offerings for electric control valves, the demand
for the same has increased drastically in the recent past.
Electric control valves are more efficient and enable greater
level of controls as compared to the other type of valves.
Furthermore, it has also been observed that low cost
alternatives of control valves offered by Asian companies
possess a challenge to the established brands
6. The competitive profiling of the key players in the global
control valves market and their market shares across four
major geographic regions which include North America,
Europe, Asia Pacific (APAC) and Rest of the World (RoW) has
been exhaustively covered under the purview of the study.
Moreover, the distinct business strategies that have been
adopted by the major players in the market have also been
included in the report. For providing a detailed insight into
the global control valves market, the market attractive
analysis has been provided in the report.
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7. A comprehensive analysis of market dynamics, which include
the market drivers, restraints and opportunities, is included
under the scope of the report. Market dynamics are the
distinctive factors that influence the growth of the specific
market and therefore help to study the current trends in the
global market. Thus, this report provides an inclusive study
of the global control valves market and also provides the
forecast of the market for the period from 2015-2021.
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