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Press Release: Global Control Valves Market Will Reach to USD 11.44 Billion By 2025: Zion Market Research


New York, NY, June 12, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Control Valves Market by Valve Type (Butterfly, Ball, Plug, Gate, Diaphragm, and Piston), by Component (Actuators, Valve Body, and Others), by Valve Size (Up to 1”, Between 1” and 6”, Between 6” and 25”, Between 25” and 50”, and Above 50”), and By End-Use Industry (Food & Beverages, Oil & Gas, Chemicals, Energy, & Power, Water & Wastewater Treatment, Construction, Pulp & Paper, Pharmaceuticals, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global control valves market accounted for USD 7.51 billion in 2018 and is expected to reach USD 11.44 billion by 2025, at a CAGR of 6.2% between 2019 and 2025.Control valves are power-operated devices, which are used to adjust the fluid flow rate in a process system. Control valves are manipulated by control signals and positions for enabling precise fluid flow control while reducing unnecessary costs. Control valves are utilized to maintain operational situations like liquid level, pressure, flow, and temperature, etc.Browse through 140 Tables & 45 Figures spread over 110 Pages and in-depth TOC on “Global Control Valves Market Size & Share 2018 Report: By Type, Industry Demand, Growth, Segment, Analysis and Forecast, 2025”.Request Free Sample Report of Global Control Valves Market Report @ https://www.zionmarketresearch.com/sample/control-valves-marketThe increasing demand for connected networks to equipment monitoring in industrial plants across the world is a vital factor fueling the global control valves market. The global control valves market is likely to experience significant growth over the upcoming years, owing to the flourishing power generation industry and swift industrialization. Rising investments in process industries, such as energy and power, food and beverages, petrochemical, oil and gas, and pharmaceutical, are also expected to increase the demand for control valves in t...


Posted: 2019-06-12 05:23:00

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