Worldwide Butterfly Valve Market by End-Users, Scope, Analysis and Forecasts to 2019
ReportsWeb.com published “Butterfly Valve Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this Market.
(EMAILWIRE.COM, June 05, 2017 ) Publisher's market research analysts expect the global butterfly valves market to grow significantly, posting a CAGR of over 6% in the forecast period, which is driven by the booming oil and gas industry in Latin America, Africa, and the Middle East. The increasing demand from the oil and gas industry will drive the demand for butterfly valve due to an increase in exploration and upgradation activity.
New oil and gas discoveries in the African region is expected to increase its contribution to the global oil supply. Moreover, the growing population, urbanization, and expanding middle class are also boosting the oil and gas industry in Africa. For instance, six out of 10 major discoveries in the global oil and gas industry in 2013 were made in Africa. Therefore, the rising demand for oil and gas has led to widespread exploration activities in Africa, triggering the demand for industrial valves in the region, and thus propelling the growth of the overall butterfly valve market.
For more information http://www.reportsweb.com/global-butterfly-valve-market-2015-2019
Segmentation of the global butterfly valve market by end-user
Oil and gas industry
Water and wastewater industry
Power industry
Chemical industry
Others
Oil and gas industry dominated the global butterfly valves market in 2014 with over 23% share, and this is expected to grow during the forecast period. New oil and gas exploration activities coupled with heavy investments in pipelines and refineries in the Americas, the Middle East, Africa, and APAC are the major factors influencing the market growth.
Geographical segmentation of the global butterfly valve market
APAC
EMEA
Americas
APAC is expected to maintain the highest market share throughout the forecasting period with a 39% market share. Factors such as urbanization has surged construction activities in the region, boosting the consumption of chemicals. Also, the rapid industrialization of developing countries such as India and China has propelled the demand for oil and gas and electricity in the APAC region.
Competitive landscape and key vendors
Key vendors in this market are -
Emerson Electric
Flowserve
Pentair
Weir
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The valves and actuators industries are seeking for vendors that can provide complete solutions rather than following the traditional multi-vendor approach to meet requirements. Therefore, valve manufacturers are increasingly trying to enhance their product portfolio either through strategic M&A or by developing new products themselves.
Other prominent vendors include Alfa Laval, AVK Group, Cameron, Crane, Curtiss-Wright, Honeywell, and KSB Group.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the global butterfly valve market?
What are the key market trends impacting the growth of the global butterfly valve market?
What are the challenges to market growth?
Who are the key vendors in the global butterfly valve market?
What are the market opportunities and threats faced by the vendors in the global butterfly valve market?
Trending factors influencing the market shares of the APAC, EMEA, and the Americas.
What are the key outcomes of the five forces analysis of the global butterfly valve market?
Publisher also offers customization on reports based on specific client requirement.
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001232480/buying
New oil and gas discoveries in the African region is expected to increase its contribution to the global oil supply. Moreover, the growing population, urbanization, and expanding middle class are also boosting the oil and gas industry in Africa. For instance, six out of 10 major discoveries in the global oil and gas industry in 2013 were made in Africa. Therefore, the rising demand for oil and gas has led to widespread exploration activities in Africa, triggering the demand for industrial valves in the region, and thus propelling the growth of the overall butterfly valve market.
For more information http://www.reportsweb.com/global-butterfly-valve-market-2015-2019
Segmentation of the global butterfly valve market by end-user
Oil and gas industry
Water and wastewater industry
Power industry
Chemical industry
Others
Oil and gas industry dominated the global butterfly valves market in 2014 with over 23% share, and this is expected to grow during the forecast period. New oil and gas exploration activities coupled with heavy investments in pipelines and refineries in the Americas, the Middle East, Africa, and APAC are the major factors influencing the market growth.
Geographical segmentation of the global butterfly valve market
APAC
EMEA
Americas
APAC is expected to maintain the highest market share throughout the forecasting period with a 39% market share. Factors such as urbanization has surged construction activities in the region, boosting the consumption of chemicals. Also, the rapid industrialization of developing countries such as India and China has propelled the demand for oil and gas and electricity in the APAC region.
Competitive landscape and key vendors
Key vendors in this market are -
Emerson Electric
Flowserve
Pentair
Weir
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001232480/sample
The valves and actuators industries are seeking for vendors that can provide complete solutions rather than following the traditional multi-vendor approach to meet requirements. Therefore, valve manufacturers are increasingly trying to enhance their product portfolio either through strategic M&A or by developing new products themselves.
Other prominent vendors include Alfa Laval, AVK Group, Cameron, Crane, Curtiss-Wright, Honeywell, and KSB Group.
Key questions answered in the report include
What will the market size and the growth rate be in 2019?
What are the key factors driving the global butterfly valve market?
What are the key market trends impacting the growth of the global butterfly valve market?
What are the challenges to market growth?
Who are the key vendors in the global butterfly valve market?
What are the market opportunities and threats faced by the vendors in the global butterfly valve market?
Trending factors influencing the market shares of the APAC, EMEA, and the Americas.
What are the key outcomes of the five forces analysis of the global butterfly valve market?
Publisher also offers customization on reports based on specific client requirement.
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001232480/buying
Contact Information:
ReportsWeb.com
Priya Sisodia
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Priya Sisodia
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results