Tag: market report

There is a sea change in the obtainable market for high performance valves. High performance is defined as either valves in critical or severe service. However, this high-performance category has now been expanded to include general purpose valves which are packaged into a unique system including controls and remote monitoring and service. By Robert McIlvaine – The McIlvaine Company

In 2018 purchases of industrial valves will exceed $64 billion. Most of these purchases will be made or influenced by 2000 companies and just 20,000 people (1). Two hundred companies will purchase 20 percent of the total. Several large company purchases will exceed $500 million each. The top 20 companies will account for 7 percent of the total. Written by Robert McIlvaine of The McIlvaine Company.

According to a recent report published by Zion Research, the global industrial valves market accounted for USD $65 billion in 2015 and is expected to reach USD $88.

A recent report by The McIlvaine Company has predicted that the often fluctuating choke valve market is set to bounce back.

According to a report published by the McIlvaine Company, N049 Oil, Gas, Shale and Refining Markets and Projects, billions of dollars of flow control and treatment equipment will be purchased by the oil, gas and refining industries in the next 12 months.

According to Market Research Reports Search Engine (MRRSE) recent findings, the market for control valves is primarily driven by factors such as increasing investment in the oil and gas industry and the increasing number of pipeline installations.

Transparency Market Research has published a new report on the global pumps and valves market for the oil and gas industry. It is forecasted that the market will boom during 2023 because of increasing production of oil and gas.

The Market Research Store has released a new report entitled Global Hydraulic Valve Actuators Market 2015-2019. The new publication predicts that the market will grow at a CAGR of 4.85 percent during the period 2015 to 2019.

According to a new market research report, the control valve market is expected to reach US$10.82 billion by 2020, growing at a CAGR of 6.85 percent between 2014 and 2020. The new report titled, Control Valve Market by Motion (Rotary, Linear), by Component (Valve Body, Actuator, and Others), by Application (Oil & Gas, Chemicals, Energy & Power, Water Management, Pharmaceuticals, Food & Beverages, and Others), & by Geography - Global Forecast to 2020, explains that the need for control valves is also expected to grow proportionately to be able to support this growth.