Global Industrial Valves in Oil and Gas Market Growth 2023-2029

Global Industrial Valves in Oil and Gas Market Growth 2023-2029

The oil and gas industry has given suppliers and manufacturers the opportunity to create products that meet demanding operation needs. Especially when it comes to needle valves and ball valves, there is an ever-increasing need for stronger and better performing valves.

The demand for oil and gas has been persistently on the rise, and it has grown further to develop fuel sources around the world. This demand automatically gave birth to the need for deeper drilled pipelines and lower production costs, all of which demand technicians to choose equipment and hardware more carefully. Due to the variety of operational conditions today, performance expectations are now higher than ever.

LPI (LP Information)' newest research report, the “Industrial Valves in Oil and Gas Industry Forecast” looks at past sales and reviews total world Industrial Valves in Oil and Gas sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Valves in Oil and Gas sales for 2023 through 2029. With Industrial Valves in Oil and Gas sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Valves in Oil and Gas industry.

This Insight Report provides a comprehensive analysis of the global Industrial Valves in Oil and Gas landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Industrial Valves in Oil and Gas portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Valves in Oil and Gas market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Valves in Oil and Gas and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Industrial Valves in Oil and Gas.

The global Industrial Valves in Oil and Gas market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Oil and gas industry leaders have strong ties with needle valve manufacturers and suppliers. In the upstream, valves are used to control the flow of oil and has from high pressure injection systems to blow out preventers and choke valves. In the midstream section, where storage and transportation of oil and gas is conducted from deep sea, valves are used to protect equipment while controlling product flow. As the entire systems are supposed to be kept at low temperatures to convert gas into liquids, companies demand that the valve suppliers and manufacturers specifically product parts that are durable in low temperature conditions. The third segment, downstream brings a lot challenges for the refining process of crude oil. This segment feeds raw materials to the petrochemical industry which is why high pressure valve designs are needed here.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Valves in Oil and Gas market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ball Valves
Plug Valves
Gate Valves
Globe Valves
Butterfly Valves

Segmentation by application
Upstream
Midstream
Downstream

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cameron
Emerson
Flowserve
Pentair
AVK
4matic
A V Valves
Alfa Laval
Brooksbank
Cameroon
Camtech Valves
CIRCOR Energy
Crane
Crescent Valves
Curtiss-Wright
Fluuitek Orsenigo Valves
FMC
GE
Honeywell
IMI
ITT
KITZ
KSB
CVC Valves
Microfinish Valves
MIR VALVE
MRC Global

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Valves in Oil and Gas market?

What factors are driving Industrial Valves in Oil and Gas market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Valves in Oil and Gas market opportunities vary by end market size?

How does Industrial Valves in Oil and Gas break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.