Key players are Pentair Ltd. (Switzerland), Flowserve Corporation (U.S.), Emerson Electric (U.S.), and FMC Technologies (U.S.)
(PRWEB) February 13, 2015
The report provides a full analysis of key companies and competitive analysis of developments recorded in the industry during the past four years. It segments the industry on the basis of its basic components and profiles the leading players in the market. According to the report, the market is poised to witness steady growth during the next few years.The report focus on the growth trends and revenue forecasts for the Middle East and Africa Industrial Valves Market.
Explore Middle East and Africa Industrial Valves Market through in-depth TOC, data tables and figures spread across over 160 report pages.
Early buyers will avail 10% customization on this report.
Industrial valves are the devices used for flow regulation and piping system control. This report segments the industrial valves market on the basis of its application in different industrial verticals.
According to the report, the Middle East market is expected to grow at a fair pace during the next five years. As per the report, the demand for industrial valves is expected to be driven by the rise in industrial expansions. The industrial expansions in Middle East and Africa are the direct result of the changing role of this region in world economy. According to the report, the high growth of the desalination industry in this region is also expected to be one of the key growth factors for the industry.
According to the report, the African market is expected to be one of the fastest growing markets in the next five years. Rapid growth of the oil & gas industry along with the power application sector is expected to drive the demand for the industrial valves in African region. According to the report, water and wastewater management applications along with strong demand from petrochemical industry are also expected to boost the demand for industrial valves this region.
According to the report, the Middle East and Africa valve market is estimated to grow at a steady CAGR of 5.7% from 2014 to reach $10 Billion by 2019.
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