The Global Butterfly Valve Market 2015-2019 report analyst quoted “that end-user industries of valves and actuators are seeking vendors that can provide complete solutions rather than following the traditional multi-vendor approach to meet requirements. As a result, valve manufacturers are increasingly trying to enhance their product portfolio either through strategic M&As or by developing new products.” —
The Complete Report Global Butterfly Valve Market 2015 – 2019 spreads across 60 pages and provides 36 Exhibits to support the research is available at http://www.sandlerresearch.org/global-butterfly-valve-market-2015-2019.html.
According to the Global Butterfly Valve Market 2015 – 2019 report, rapid industrialization and urbanization have increased the demand for energy and exploration activities worldwide. For instance, exploration activities have surged in Norway, the UK, the Netherlands, and Russia to cope with the growing energy needs. Oil and gas exporting countries such as Russia, as well as large oil exploration companies are leveraging this opportunity to boost revenues and capture larger market shares.
Further, the report states that fluctuating raw material prices reduces the profitability of vendors, restricting the market growth.
The following companies are the key players in the Global Butterfly Valve Market: Emerson Electric, Flowserve, Pentair and Weir.
Other Prominent Vendors in the market are: Alfa Laval, AVK Group, Cameron, Crane, Curtiss-Wright, Honeywell, and KSB Group.
Market outlook of the global butterfly valve market:
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 up-gradation activity. Order a Single User License Copy of Global Butterfly Valve Market 2015-2019 Report at http://www.sandlerresearch.org/purchase?rname=45556 for US $2500.
New oil and gas discoveries in the African region are 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
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 and 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
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.
Key questions answered in the report include
• 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?
• And more.
Major Point from Table of Content of Global Butterfly Valve Market
1. Executive summary
2. Scope of the report
3. Market research methodology
5. Market landscape
6. Market segmentation by end-users
7. Geographical segmentation
8. Market drivers
9. Impact of drivers
10. Market challenges
11. Impact of drivers and challenges
12. Market trends
13. Vendor landscape
14. Key vendor analysis
36 - List of Exhibits
Browse Complete Table of Content of Global Butterfly Valve Market Report for the years 2015 – 2019 at http://www.sandlerresearch.org/toc/global-butterfly-valve-market-2015-2019.html.
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