The report forecasts the global valves and manifolds market to grow at a CAGR of 6.56% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A trend which is sure to boost market growth is the development of next-generation valves. Many industrial valve vendors are developing next-generation valves with additional capabilities to increase their foothold in the competitive market. These modern products have threaded bonnets, a floating polytetrafluoroethylene diaphragm, and a zero minimum operating differential design that provides substantial benefits over the traditional valves. The new valves are gaining popularity as they can deliver 60% higher flow rates and longer operational life, and have a wide temperature range and ressure handling ability that can improve the efficiency of industrial production processes.
According to the report, a key growth driver is the expanding water and wastewater treatment industry. High-quality potable water is essential for industrial, commercial, and domestic users. Growing population and rapid urbanization are exerting pressure on the existing freshwater resources. Though many developed economies have well-developed water treatment infrastructure, some lack proper distribution facilities. Consequently, water may get contaminated during transit. Various European countries that already have technologically advanced industrial water treatment infrastructure are now focusing on municipal water treatment infrastructure.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Circor Instrumentation
- Filtration Systems Products
- Hascon Filtration
- Midwesco Filter Resources
- Omega Air
- Parker Hannifin
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About the Author
For more information visit http://www.researchandmarkets.com/research/lqrzhj/global_valves_and
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SOURCE Research and Markets