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DUBAI, United Arab Emirates, April 27, 2022 (GLOBE NEWSWIRE) — Also, the oil & gas market research report assesses the prominent forecasting factors that are projected to further augment the growth of the oil & gas valves market on a global level as well as regional level. Further, the report offers the key industry dynamics affecting the global oil & gas valves market across its supply chain and value chain.
Future Market Insights’ (FMI) market study titled, ‘Oil & Gas Valves Market: Global Industry Analysis 2014–2021 and Opportunity Assessment 2022–2029’, analyses the global oil & gas valves market, and provides an in-depth analysis on the forecast period of 2022-2029.
Get a Sample Copy with Graphs & List of Figures:
https://www.futuremarketinsights.com/reports/sample/rep-gb-9671
In 2014, the global oil & gas valves market was pegged at approximately US$ 10 Bn. The global oil & gas valves market is estimated to be valued at over US$ 12 Bn by the end of the year 2022. The oil & gas valves market is projected to grow at a CAGR of 3.5% during the forecast period of 2022-2029, and reach a value of nearly US$ 16 Bn by the end of 2029.
A list of Key Players Covered in the Oil & Gas Valves Market are:
- Emerson Electric Co.
- CIRCOR International Inc.
- Schlumberger Limited
- PARKER HANNIFIN CORP
- Weir Group Plc.
- Metso Corporation
- Baker Hughes
Downstream Applications Contributing a Major Share to Oil & Gas Valves Market
By product type, the global oil & gas valves market has been segregated into gates, globes, balls, butterflies, checks, PRVs, and others. The gate type of oil & gas valves are estimated to continue recording a high market value share throughout the projected period, while recording a high CAGR simultaneously.
With respect to the different sizes of oil & gas valves, the oil & gas valves market has been segmented into 0.25 to …
Full story available on Benzinga.com
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