Industrial Valves in Oil and Gas Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, UK, France - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 180 SKU: IRTNTR45497

Industrial Valves Market in Oil and Gas Industry Forecast 2023-2027

The industrial valves market in the oil and gas industry size is estimated to increase by USD 2.51 billion, growing at a CAGR of 3.79% between 2023 and 2027. The rising need for enhanced valves emerges as the main driving force behind the market's growth. With the oil and gas industry venturing into more distant and demanding environments for exploration, there's a noticeable transformation in the exploration and production (E&P) arena. As traditional fossil fuel reservoirs become depleted, there's a requirement to explore intricate geographical locations where adverse conditions present operational hurdles.

What will be the Size of the Industrial Valves Market In Oil And Gas Industry during the Forecast Period?

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Market Segmentation

This industrial valves market in oil and gas industry report extensively covers market segmentation by product (gate, globe, ball, butterfly, and others), type (cast and forged), and geography (APAC, North America, Europe, Middle East and Africa, and South America).

Market Segmentation by Product

The gate segment is estimated to witness significant growth during the forecast period. These have a circular or rectangular plate that acts as a gateway and regulates the flow in case of straight-line fluid flow. They are of two types – parallel-shaped and wedge-shaped ones.

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The gate segment  was the largest segment and was valued at USD 2.97 billion in 2017They are preferred due to having good shut-off characteristics, being bi-directional in nature, affordable, and allowing minimum pressure loss. In the oil and gas industry, they are used for on-off applications in drilling activities as well as in pipelines containing oil, grease, or other viscous fluids. Such factors will boost segment growth during the forecast period.

Which are the Key Regions for the Industry?

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APAC is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. In APAC, changes in the oil and gas pipeline segment, LNG, and the petrochemical sector are the key factors for the growth of the market. Increasing energy demand in China and India for massive industrial projects will increase the scope of the market. Factors such as China having 31 TCM of technically recoverable shale gas resources, the largest shale gas reserves in the world, and increased investments into expanding LNG capacity will have a positive impact on the market and boost market growth during the forecast period.

Market Dynamics and Customer Landscape

The global industrial valves market in the oil and gas industry is being propelled by significant drivers such as advancements in technology, which have led to the development of more efficient and reliable valve automation solutions. Process plants, refineries, and chemical and water treatment industries are increasingly adopting these advanced valves to enhance their operations and ensure smooth control of fluid flow. Investments in infrastructural development, particularly in the downstream segment, are driving the demand for valves, especially in pipeline applications. The emphasis by governments on boosting oil and gas production further contributes to market growth. Additionally, the need for various valve types, including 0.25 to 8-inch valves, forged oil & gas valves, and ball valve oil and gas, made from materials like carbon steel, stainless steel, cast iron, and metal alloys, highlights the diverse requirements across the industry. Furthermore, the incorporation of polymers, rubber, and other metals in valve construction ensures durability and reliability, making them indispensable components in the global oil and gas sector.

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Driver

The surge in demand for more efficient valves stands as the primary catalyst propelling the expansion of the market. As the oil and gas sector delves into increasingly remote and challenging terrains for exploration, there's a notable shift in the exploration and production (E&P) landscape. Depleted fossil fuel reservoirs necessitate exploration in complex geographies where harsh conditions pose operational challenges. To ensure project viability, extensive analysis, and testing are imperative, driving the need for advanced valve solutions. Additionally, the proliferation of unconventional hydrocarbon resources like shale oil and gas and oil tar sands presents fresh avenues for growth. These resources are instrumental in augmenting oil production and facilitating artificial production techniques in unconventional fields. Consequently, the global industrial valve market in the oil and gas industry is propelled forward, particularly with the demand for these products ranging from 0.25 to 8 inches, forged oil & gas valves, and ball valve oil and gas, crafted from diverse materials like carbon steel, cast iron, stainless steel, and various metal alloys, along with the integration of polymers and rubber for enhanced durability and performance.

Key Trends

The growing use of additive manufacturing for valves is the primary trend in the market. With the help of additive manufacturing, valve manufacturers can create actual functional models of complex products, experiment with different material components, and control the flow of fluid through these devices on 3D-printed valve models. They can check the flow (liquid, gas, or oil). By leveraging new additive manufacturing technologies such as Polyjet printing technology, manufacturers can reduce the weight of the demo valve by approximately 90%, saving shipping costs.

Additionally, additive manufacturing helps reduce costs and improve performance. For example, the GE Oil & Gas Additive Manufacturing Lab in Florence, Italy uses several direct metal laser melting (DMLM) machines to manufacture turbomachinery components. All these factors drive the growth of the global market during the forecast period. 

Key Challenge

The issue of counterfeit and fraudulent valves is the challenge that affects the growth of the market. A counterfeit product is a product that is illegally copied from a genuine product and sold as a genuine product. Manufacturers of these counterfeits produce cheap, high valves and then certify and sell them as genuine ones. In some cases, manufacturers sell them from major valve OEMs under their own names. The challenge is that these actuators resemble the original logoed ones, forging, patent, serial, heat numbers, and data plate, but upon disassembling them, they are not up to the mark.

Moreover, the growth of online markets for such counterfeit and fraudulent ones has increased the geographic reach and anonymity of manufacturers in the counterfeit market, reducing potential revenue streams for genuine market players. These factors will hinder the growth of the global industrial valve market for the oil and gas industry during the forecast period.

Industry Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global industry Customer Landscape

Who are the Major Industrial Valves Market in Oil and Gas Industry Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Alfa Laval AB: The company offers industrial valves such as globe valves, check valves, and pressure relief valves.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • AVK Holding AS
  • Bray International Inc.
  • Crane Holdings Co.
  • Curtiss Wright Corp.
  • Dembla Valves Ltd.
  • Emerson Electric Co.
  • Flowserve Corp.
  • General Electric Co.
  • Hobbs Valve Ltd.
  • Honeywell International Inc.
  • IMI Plc
  • ITT Inc.
  • KITZ Corp.
  • Larsen and Toubro Ltd.
  • Pentair Plc
  • RF Valves Inc.
  • Schlumberger Ltd.
  • The Weir Group Plc
  • Valvitalia SpA

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The industry report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Gate
    • Globe
    • Ball
    • Butterfly
    • Others
  • Type Outlook (USD Million, 2017 - 2027)
    • Cast
    • Forged
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing significant growth driven by advancements in technology and infrastructural development. With valves ranging from 0.25 to 8 inches in size, companies like AMPO POYAM VALVES and Baker Hughes are leading the market with offerings such as ball valves, butterfly valves, and control valves. These equipment, made from materials like carbon steel, stainless steel, and corrosion-resistant alloys, play crucial roles in downstream and midstream applications, including refineries, gas projects, and liquefied natural gas projects. Innovations such as smart valves and digital oilfield solutions are enhancing efficiency and safety in the industry, with government emphasis on oil and gas production further fueling market growth.

Furthermore, the industry encompasses a diverse range of products, from 0.25 to 8 inches in size, catering to various applications in upstream, midstream, and downstream sectors. With increasing automation and government emphasis on oil and gas production, demand is rising for products made from materials like aluminum, cast iron, and corrosion-resistant alloys (CRA). Manufacturers such as Dixon and Powell Valves offer a wide array of valve types, including ball valves, butterfly valves, and plug valves, designed to withstand harsh operating conditions and temperatures. Innovations in electro-mechanical devices and artificial intelligence are revolutionizing valve automation solutions, ensuring efficient flow control in process plants and power generation sectors while meeting stringent industry standards set by organizations like ASME and ASTM.

Industrial Valves Market In Oil And Gas Industry Scope

Report Coverage

Details

Page number

180

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 3.79%

Market growth 2023-2027

USD 2.51 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

3.33

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 36%

Key countries

US, China, Japan, UK, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Alfa Laval AB, AVK Holding AS, Bray International Inc., Crane Holdings Co., Curtiss Wright Corp., Dembla Valves Ltd., Emerson Electric Co., Flowserve Corp., General Electric Co., Hobbs Valve Ltd., Honeywell International Inc., IMI Plc, ITT Inc., KITZ Corp., Larsen and Toubro Ltd., Pentair Plc, RF Valves Inc., Schlumberger Ltd., The Weir Group Plc, and Valvitalia SpA

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. 

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Industry Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global industrial valves market in oil and gas industry market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global industrial valves market in oil and gas industry market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Gate - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Gate - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Gate - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Gate - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Gate - Year-over-year growth 2022-2027 (%)
    • 6.4 Globe - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Globe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Globe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Globe - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Globe - Year-over-year growth 2022-2027 (%)
    • 6.5 Ball - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Ball - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Ball - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Ball - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Ball - Year-over-year growth 2022-2027 (%)
    • 6.6 Butterfly - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Butterfly - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Butterfly - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Butterfly - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Butterfly - Year-over-year growth 2022-2027 (%)
    • 6.7 Others - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.8 Market opportunity by Product
      • Exhibit 54: Market opportunity by Product ($ million)
      • Exhibit 55: Data Table on Market opportunity by Product ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 57: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Cast - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Cast - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Cast - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Cast - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Cast - Year-over-year growth 2022-2027 (%)
    • 7.4 Forged - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Forged - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Forged - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Forged - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Forged - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 75: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.11 France - Market size and forecast 2022-2027
      • Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Alfa Laval AB
              • Exhibit 123: Alfa Laval AB - Overview
              • Exhibit 124: Alfa Laval AB - Business segments
              • Exhibit 125: Alfa Laval AB - Key news
              • Exhibit 126: Alfa Laval AB - Key offerings
              • Exhibit 127: Alfa Laval AB - Segment focus
            • 12.4 Crane Holdings Co.
              • Exhibit 128: Crane Holdings Co. - Overview
              • Exhibit 129: Crane Holdings Co. - Business segments
              • Exhibit 130: Crane Holdings Co. - Key offerings
              • Exhibit 131: Crane Holdings Co. - Segment focus
            • 12.5 Curtiss Wright Corp.
              • Exhibit 132: Curtiss Wright Corp. - Overview
              • Exhibit 133: Curtiss Wright Corp. - Business segments
              • Exhibit 134: Curtiss Wright Corp. - Key offerings
              • Exhibit 135: Curtiss Wright Corp. - Segment focus
            • 12.6 Dembla Valves Ltd.
              • Exhibit 136: Dembla Valves Ltd. - Overview
              • Exhibit 137: Dembla Valves Ltd. - Product / Service
              • Exhibit 138: Dembla Valves Ltd. - Key offerings
            • 12.7 Emerson Electric Co.
              • Exhibit 139: Emerson Electric Co. - Overview
              • Exhibit 140: Emerson Electric Co. - Business segments
              • Exhibit 141: Emerson Electric Co. - Key news
              • Exhibit 142: Emerson Electric Co. - Key offerings
              • Exhibit 143: Emerson Electric Co. - Segment focus
            • 12.8 Flowserve Corp.
              • Exhibit 144: Flowserve Corp. - Overview
              • Exhibit 145: Flowserve Corp. - Business segments
              • Exhibit 146: Flowserve Corp. - Key news
              • Exhibit 147: Flowserve Corp. - Key offerings
              • Exhibit 148: Flowserve Corp. - Segment focus
            • 12.9 General Electric Co.
              • Exhibit 149: General Electric Co. - Overview
              • Exhibit 150: General Electric Co. - Business segments
              • Exhibit 151: General Electric Co. - Key news
              • Exhibit 152: General Electric Co. - Key offerings
              • Exhibit 153: General Electric Co. - Segment focus
            • 12.10 Honeywell International Inc.
              • Exhibit 154: Honeywell International Inc. - Overview
              • Exhibit 155: Honeywell International Inc. - Business segments
              • Exhibit 156: Honeywell International Inc. - Key news
              • Exhibit 157: Honeywell International Inc. - Key offerings
              • Exhibit 158: Honeywell International Inc. - Segment focus
            • 12.11 IMI Plc
              • Exhibit 159: IMI Plc - Overview
              • Exhibit 160: IMI Plc - Business segments
              • Exhibit 161: IMI Plc - Key offerings
              • Exhibit 162: IMI Plc - Segment focus
            • 12.12 ITT Inc.
              • Exhibit 163: ITT Inc. - Overview
              • Exhibit 164: ITT Inc. - Business segments
              • Exhibit 165: ITT Inc. - Key offerings
              • Exhibit 166: ITT Inc. - Segment focus
            • 12.13 KITZ Corp.
              • Exhibit 167: KITZ Corp. - Overview
              • Exhibit 168: KITZ Corp. - Business segments
              • Exhibit 169: KITZ Corp. - Key offerings
              • Exhibit 170: KITZ Corp. - Segment focus
            • 12.14 Larsen and Toubro Ltd.
              • Exhibit 171: Larsen and Toubro Ltd. - Overview
              • Exhibit 172: Larsen and Toubro Ltd. - Business segments
              • Exhibit 173: Larsen and Toubro Ltd. - Key news
              • Exhibit 174: Larsen and Toubro Ltd. - Key offerings
              • Exhibit 175: Larsen and Toubro Ltd. - Segment focus
            • 12.15 Pentair Plc
              • Exhibit 176: Pentair Plc - Overview
              • Exhibit 177: Pentair Plc - Business segments
              • Exhibit 178: Pentair Plc - Key news
              • Exhibit 179: Pentair Plc - Key offerings
              • Exhibit 180: Pentair Plc - Segment focus
            • 12.16 Schlumberger Ltd.
              • Exhibit 181: Schlumberger Ltd. - Overview
              • Exhibit 182: Schlumberger Ltd. - Business segments
              • Exhibit 183: Schlumberger Ltd. - Key news
              • Exhibit 184: Schlumberger Ltd. - Key offerings
              • Exhibit 185: Schlumberger Ltd. - Segment focus
            • 12.17 The Weir Group Plc
              • Exhibit 186: The Weir Group Plc - Overview
              • Exhibit 187: The Weir Group Plc - Business segments
              • Exhibit 188: The Weir Group Plc - Key news
              • Exhibit 189: The Weir Group Plc - Key offerings
              • Exhibit 190: The Weir Group Plc - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 191: Inclusions checklist
                • Exhibit 192: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 193: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 194: Research methodology
                • Exhibit 195: Validation techniques employed for market sizing
                • Exhibit 196: Information sources
              • 13.5 List of abbreviations
                • Exhibit 197: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              industrial valves market in oil and gas industry market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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