Los Angeles, CA -- (SBWIRE) -- 09/12/2019 -- Crude oil, natural gas, and petroleum products are stored in large tanks or underground storage facilities. Valves are installed on the inlet and outlet lines of storage facilities for controlling the flow of hydrocarbons and to shut-off the lines as required. Based on storage type, the global oil and gas storage valves market is segmented into two types namely Aboveground storage, and Underground storage.
Greenfield and brownfield refinery expansion is creating a potential market for the storage valves. The decline in the price of crude oil has benefitted the downstream industry. This will result in increased investments in the downstream sector of the oil and gas industry, which in turn, will boost the demand for storage tanks for the storage of crude oil, natural gas, petroleum products, and intermediates. This will consequently increase the demand for oil and gas storage valves market worth.
The global Oil and Gas Storage Valves market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Oil and Gas Storage Valves volume and value at global level, regional level and company level. From a global perspective, this report represents overall Oil and Gas Storage Valves market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Master Flo Valve
Hatfield and Company
American Aaron International
Power Valves International
Severe Service Valve
The Weir Group
GE Oil & Gas
Segment by Regions
Segment by Type
Segment by Application
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