Global Pressure Regulator Market for Upstream Applications 2017-2021

Have a look at the key details offered by the pressure regulator market for upstream applications

Overview of the global pressure regulator market for upstream applications

Market research analysts at Technavio predict that the global pressure regulator market for upstream applications will grow steadily during the next four years and post a revenue of more than USD 417 million by 2021. This market research analysis identifies the rise in the number of multinational joint development agreements as one of the primary growth factors for the pressure regulating valves market. With varying degrees of geographical proximities between crude oil reserve base and downstream consumer markets, there is a constant demand for pipeline transportation to facilitate the monetization of resources. With increased investments towards the identification and development of new oil fields, the demand for multinational crude oil pipelines will further increase in the coming years. This will result in a significant increase in collaboration between global economic powers resulting in a number of joint-development pacts for the planning and implementation of oil and gas pipelines, in turn, fueling the demand for pressure regulator valves.

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One of the major factors that will gain traction in the pressure regulator market is the adoption of heated pipeline technology. The transportation of heavy crude through pipelines is one of the major challenges faced by crude oil pipeline operators. This will result in the rise in adoption of heated pipeline technology that will help pipeline operators overcome challenges in the shift of upstream oil and gas sector into hostile environments, low surrounding temperature, and heavier products.

Competitive landscape and key vendors

Characterized by the presence of several well-diversified international, regional, and local suppliers, this market appears to be is highly fragmented. The local and regional pressure regulator manufacturers provide various pressure relief valves with a high level of customization with lower prices and pose a stiff competition to the international vendors. Though the pressure regulator valves market is witnessing the entry of new players, they find it difficult to compete with the international players in terms of product quality, features, functionality, and service. With the rise in product extensions, technological innovations, and M&A, the market’s competitive environment will further intensify in the coming years. Analysts also predict that the international vendors will grow inorganically during the predicted period by acquiring regional or local players.

The leading vendors in the market are -

• Emerson
• Fairchild Industrial Products
• Swagelok

The other prominent vendors in the market are Pietro Fiorentini, Honeywell, Spirax Sarco, Marsh Bellofram, SAMSON Controls, CIRCOR Energy, GE Oil & Gas, and A.u.K. Müller. Equilibar, RICHARDS Industries, Beswick Engineering, Watts, Cashco, Cla-Val, Neon Controls, Plast-O-Matic, and Colton Industries

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Segmentation by application and analysis of the pressure regulator market for upstream applications

• Gas industry
• Oil industry

During 2016, the gas industry segment accounted for the major shares and dominated the pressure regulator valves market. According to this market research and analysis, the natural gas segment will continue its market dominance throughout the predicted period as well.

Geographical segmentation and analysis of the pressure regulator market for upstream applications

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographical regions, the Americas will be the major revenue contributor to the pressure regulator valves market throughout the forecast period. The constant demand for crude oil from the countries such as the US, Canada, and Mexico resulted in the growth of the crude oil pipelines market in this region, in turn, driving the demand for pressure regulators.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global pressure regulator market for upstream applications?
• What are the key market trends impacting the growth of the global pressure regulator market for upstream applications?
• What are the challenges to market growth?
• Who are the key vendors in the global pressure regulator market for upstream applications?
• What are the market opportunities and threats faced by the vendors in the global pressure regulator market for upstream applications?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global pressure regulator market for upstream applications?

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