Infinium Global Research has added a new report on Pump and Valves Market. The report
presents analysis of global as well as regional markets of pump and valves
market over the period of 2016 to 2024. Pumps and valves are an essential part
of automation. Pumps are responsible for maintaining the flow rate and pressure
of the fluids required in specific industries, whereas valves are responsible
for maintaining the operational performance of a facility. When selecting a
pump or valve the user must provide the supplier with details of the
composition of the fluid to be handled including trace chemicals, the pH, the
temperature, the solids content, and the flow rate. Nowadays most valve types
can be made fire safe and are available in a range of common materials. Pumps
have a wide area of application across many industries particularly heavy-duty
process pumps that are used to transport products such as water, chemical,
petroleum, wastewater, oil, slurry, sludge, and food.
Increasing use of pump and valves for transportation
and on-going increasing drilling activities in oil and gas industry are the
factors driving the growth of the pumps and valves market. In addition, rising
demand for usage of artificial lifts for economical production of oil from
wells and use of pumps in water and wastewater transport and treatment through
disposal is anticipated to boost the growth of the pump and valves market.
However, a slowdown in the exploration activities owing to the decline in the
oil prices are likely to restrain the growth of the pump and valves market
during the forecast period. Furthermore, increasing number of upcoming products
for the transportation of oil and gas is projected to create lucrative growth
opportunities for the key players in the pump and valves market. Among the
geographies, the Middle East and Africa are likely to dominate the pump and
valves market due to a number of upcoming oil exploration projects in this
region. Moreover, Middle East Pumps and Valves Services presents an in-depth
assessment of the pumps and valves services including enabling technologies.
The increasing focus on energy-efficient equipment and the rising awareness is
influencing the adoption of intelligent pumps is driving the growth in the
Middle East regions. Moreover, the growth matrix presented by Infinium Global
Research identifies the key investment markets in the near future, this will
not only help the companies to understand the competitive position in the
global pump and valves market but also
make strategic decisions to capture the most lucrative markets in the near
future. The market size is presented in terms of value for the historic year
2016 and estimated for forecast period of 2018-2024.
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The recent report identified that Americas dominated
the global pump and valves market over the last couple of years, while emerging
markets of Asia-Pacific and Latin America are anticipated to contribute
significantly to the growth in the pump and valves market worldwide.
The report segments the global pump and valves market
based on Valve Type, Pump Type and Industry Verticals.
Global Pump and Valves Market by Valve Type
·
Needle Valve
·
Gate Valve
·
Ball Valve
·
Check Valve
Global Pump and Valves Market by Pump Type
·
Centrifugal Pumps
·
positive Displacement Pump
Global Pump and Valves Market by Industry
Verticals
·
Power Generation
·
Oil & Gas
·
Metal & Mining
·
Agriculture
·
Building Services
·
Water & Wastewater
·
Others
Companies Profiled in the Report
·
Bentley Ltd
·
PERAR S.p.A
·
Sulzer Ltd
·
BuTech
·
FMC Technologies Inc
·
PetrolValves
·
Oliver Valves Ltd
·
Flowserve Corp.
·
Cameron
·
Oliver Valves Ltd
About Infinium Global Research
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