Dublin, March 24, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/mqrq29/control_valve) has announced the addition of the "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 " report to their offering.
The control valve market is expected to reach $10.82 billion by 2020, growing at a CAGR of 6.85% between 2014 and 2020.
Control valve is the backbone of the modern process industry. Over the last few years, the market has seen a tremendous growth in terms of technological advancements, increasing automation, and integrating the entire value chain of the process industry. Increasing urbanization, burgeoning population, increasing awareness about benefits of flow control have catalyzed the growth of this market. In addition to that, an increasing investment in process industries has fueled the control valve growth.
Control valves exhibit a huge potential in terms of applications such as oil & gas, chemicals, energy & power, water management, food & beverages, mining & metals, pulp & paper, pharmaceuticals, and others. Development in oil extraction infrastructure facilities and continuous support by various governments is leading towards the heavy investment in the control valve market.
In this report, drivers, restraints, opportunities, and challenges for the control valve market have been covered. Major driving factors for this market are growing investments in process industry, demand for automation across the industry end users, urbanization, increasing infrastructure, and government support. The major restraints for this market are designing and compatibility and competition from domestic manufacturers. The figure below shows the estimated growth of the market between 2014 and 2020.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Market By Motion
8 Market By Component
9 Market By Application
10 Market By Geography
11 Competitive Landscape
12 Company Profiles
- Bürkert Fluid Control Systems
- Cameron International
- Crane Co.
- Dual Products Intl. CC
- Emerson Process Management
- Flowserve Corp.
- General Electric Company
- IMI PLC
- Metso Corporation
- Pentair Limited
- Samson AG.
- Velan, Inc.
For more information visit http://www.researchandmarkets.com/research/mqrq29/control_valve