Valves Market 2024-2028: Size and Intense competition among new and established players; growth driven by the End-user, Some of key Companies Positioned Strategically

The valves market size by End-user (Chemicals and oil and gas industry, Water and wastewater industry, Power industry, Mining and minerals industry, and Others), Type (Gate, Globe, Ball, Butterfly, and Check and others), and Geography (APAC, Europe, North America, Middle East and Africa, and South America), is forecast to increase by USD 12523.9 million. The market is expected to grow at a CAGR of  over 4.33% between 2024 and 2028.

• In the global valves market, intense competition prevails due to the presence of numerous established and emerging players. The market's fragmented nature, coupled with low entry barriers and simple production processes, creates a highly competitive landscape. New entrants may find it challenging to establish a foothold, while incumbent firms face pressure to maintain their market position. The rising demand for valves across various industries further fuels this fierce competition.
• The valves market encompasses a wide range of industrial components, essential for controlling the flow, pressure, and direction of various fluids and gases. Companies in this sector offer innovative solutions, enhancing process efficiency and safety. Growth is driven by expanding industries, such as oil and gas, power generation, and water treatment, necessitating advanced valve technologies. Market size is projected to increase, fueled by rising infrastructure investments and stringent regulatory requirements.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Alfa Laval AB
• AVK Holding AS
• Baker Hughes Co.
• Bray International Inc.
• Crane Holdings Co.
• Curtiss Wright Corp.
• Emerson Electric Co.
• Flowserve Corp.
• Forbes Marshall Pvt. Ltd.
• Honeywell International Inc.
• IMI Plc
• KSB SE and Co. KGaA
• Parker Hannifin Corp.
• SAMSON AG
• Schlumberger Ltd.
• The Weir Group Plc
• Trillium Flow Technologies
• Valmet Corp.
• Valvitalia SpA
• Watts Water Technologies Inc.

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