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Global Butterfly Valve Market Trends, Challenges and Growth Drivers Analysis to 2019
Global Butterfly Valve Market 2015-2019 report is the latest addition to Rnrmarketresearch.com industry research reports collection. The report is about 60 pages and provides 36 Exhibit; the report is published in Oct -2015.
The market research analysts expect the global butterfly valves market to grow significantly, posting a CAGR of over 6% in the forecast period, which is driven by the booming oil and gas industry in Latin America, Africa, and the Middle East. The increasing demand from the oil and gas industry will drive the demand for butterfly valve due to an increase in exploration and upgradation activity.
Complete report available on http://www.rnrmarketresearch.com/global-butterfly-valve-market-2015-2019-market-report.html
New oil and gas discoveries in the African region is expected to increase its contribution to the global oil supply. Moreover, the growing population, urbanization, and expanding middle class are also boosting the oil and gas industry in Africa. For instance, six out of 10 major discoveries in the global oil and gas industry in 2013 were made in Africa. Therefore, the rising demand for oil and gas has led to widespread exploration activities in Africa, triggering the demand for industrial valves in the region, and thus propelling the growth of the overall butterfly valve market.
· Segmentation of the global butterfly valve market by end-user
· Oil and gas industry
· Water and wastewater industry
· Power industry
· Chemical industry
· Others
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Oil and gas industry dominated the global butterfly valves market in 2014 with over 23% share, and this is expected to grow during the forecast period. New oil and gas exploration activities coupled with heavy investments in pipelines and refineries in the Americas, the Middle East, Africa, and APAC are the major factors influencing the market growth.
Geographical segmentation of the global butterfly valve market
- APAC
- EMEA
- Americas
APAC is expected to maintain the highest market share throughout the forecasting period with a 39% market share. Factors such as urbanization has surged construction activities in the region, boosting the consumption of chemicals. Also, the rapid industrialization of developing countries such as India and China has propelled the demand for oil and gas and electricity in the APAC region.
Competitive landscape and key vendors
Key vendors in this market are -
- Emerson Electric
- Flowserve
- Pentair
- Weir
The valves and actuators industries are seeking for vendors that can provide complete solutions rather than following the traditional multi-vendor approach to meet requirements. Therefore, valve manufacturers are increasingly trying to enhance their product portfolio either through strategic M&A or by developing new products themselves.
Other prominent vendors include Alfa Laval, AVK Group, Cameron, Crane, Curtiss-Wright, Honeywell, and KSB Group.
Key questions answered in this report
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the global butterfly valve market?
- What are the key market trends impacting the growth of the global butterfly valve market?
- What are the challenges to market growth?
- Who are the key vendors in the global butterfly valve market?
- What are the market opportunities and threats faced by the vendors in the global butterfly valve market?
- Trending factors influencing the market shares of the APAC, EMEA, and the Americas.
- What are the key outcomes of the five forces analysis of the global butterfly valve market?
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List of Exhibits
Exhibit 01: Global butterfly valves market
Exhibit 02: Global industrial valves market 2014-2019 ($ billions)
Exhibit 03: Global butterfly valves market 2014-2019 ($ billions)
Exhibit 04: Urbanization in APAC 1990-2020 (%)
Exhibit 05: Five forces analysis
Exhibit 06: Global butterfly valves market by end-users 2014-2019
Exhibit 07: Global butterfly valves market by oil and gas industry 2014-2019 ($ billions)
Exhibit 08: Global butterfly valves market by water and wastewater industry 2014-2019 ($ billions)
Exhibit 09: World water consumption (billion m³ per year)
Exhibit 10: Global butterfly valves market by power industry 2014-2019 ($ billions)
Exhibit 11: Global butterfly valves market by chemical industry 2014-2019 ($ billions)
Exhibit 12: Chemical industry in China 2006-2014 ($ billions)
Exhibit 13: Global butterfly valves market by geography 2014-2019
Exhibit 14: Butterfly valves market in APAC 2014-2019 ($ billions)
Exhibit 15: Urban population in India (millions)
Exhibit 16: Butterfly valves market in West Asia and East Asia 2014-2019
Exhibit 17: Butterfly valves market in EMEA 2014-2019 ($ billions)
Exhibit 18: Butterfly valves market in Americas 2014-2019 ($ billions)
Exhibit 19: CAPEX of oil and gas companies in Africa (2010-2013)
Exhibit 20: Dry natural gas production in 2014 (billion cubic feet)
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