Middle East and Africa Industrial Valves Market by Closure Type, by Function, Type & Application - Global Trends and Forecasts to 2019 for the $10 Billion Market
DUBLIN, Feb. 23, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/8wjpg4/middle_east_and) has announced the addition of the "Middle East and Africa Industrial Valves Market by Closure Type, by Function , by Type and by Application -Global Trends and Forecasts to 2019" report to their offering.
The market demand for industrial valve in the Middle East and Africa market is estimated to reach $10 Billion by 2019, with a projected CAGR of 5.7% in the next half a decade
The increasing demand in oil & gas, chemical and municipal applications is expected to be the major drivers for the industrial valves market in this region.
The Middle East region is increasingly expected to transform from a raw goods supplier to a refined product provider. This changing trend would be corroborated with the increase in the number of manufacturing and process industries. The industrial valve market is expected to be driven by the demand from these industrial expansions. Growing desalination market is another significant factor that would boost the demand for industrial valves in this region.
The industrial valves market is estimated to grow with the growing oil & gas industry in the northern parts of Africa, as well as the growing nuclear and renewable energy sectors in the African power industry. Other sectors that are estimated to drive the industrial valves market include water and wastewater application in the municipal market and the petrochemical industry in the chemical market.
The study on industrial valves market for Middle East and Africa classifies on the basis of function, type, and closure type in terms of value. The market segments by closure type include quarter turn, multi turn, and check. The market segments for function include control, isolation, check, and special. The valve type segmentation includes market value for ball valves, globe valves, plug valves, and others. On the basis of application, industrial valves market has been categorized into Oil & gas, Chemical, Municipal, Power, and Mining and others.
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Industry Trends
7. African Valve Market
8. Competitive Landscape
9. Company Profiles
- Alfa Laval AB
- Circor International Inc.
- Emerson Electric
- Flowserve Corporation
- Fmc Technologies
- ITT Corporation
- Kira Valves and Engineering
- Kitz Corporation.
- Pentair Ltd.
- Weir Group PLC
For more information visit http://www.researchandmarkets.com/research/8wjpg4/middle_east_and
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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