Albany, NY -- (SBWIRE) -- 01/25/2017 -- Valves are present in virtually any industrial process, including water and wastewater treatment, oil and gas production, mining, power generation, food and beverage, chemicals and petrochemicals, food manufacturing, paper and pulp, and plastic manufacturing. The various types of valves include quarter-turn valves (ball valves, butterfly valves, and plug valves), multi-turn valves (gate valves, globe valves, and needle valves), and control valves.

Valves can be actuated and vary depending on the types such as hydraulic, pneumatic, motorized, solenoid, and manual. Previously, industries used a significant number of manually operated valves. However, with the development of technology, valves have gradually evolved with remote actuation technology, thereby increasing their efficiency.

Technavios analysts forecast the global water and gas valves market to grow at a CAGR of 4.5% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global water and gas valves market for 2016-2020. The market size has calculated is based on sales of water and gas valves during the historic period.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Water and Gas Valves Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cameron
Emerson Electric
Flowserve
KSB
Pentair

Other prominent vendors
Alfa Laval
AVK Group
Crane
Curtiss-Wright
Honeywell International

Market driver
Rising demand from water and wastewater treatment industry
For a full, detailed list, view our report

Market challenge
Escalation of price war among vendors and threat from local vendors
For a full, detailed list, view our report

Market trend
Increased demand for quarter-turn valves
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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