Pigging Valves Market
Pigging Valves Market Global Industry Assessment & Forecast
#
Pages:
142
2021
Nov - 2021
VMR-2021-0262
Segments Covered
By
Type Bypass Pigging Valve, Shut-off Pigging Valve
-
By
Application Oil and Gas Industries, Mining & Energy Industry, Chemical Industry, Water Treatment Industry, Food-processing industries, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
3520 Million |
 Revenue 2028:
|
7169.75 Million |
 Revenue CAGR
(2021 - 2028): |
9.3 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Global Pigging Valves Market: Type Segment Analysis
-
- Bypass Pigging Valve
- Shut-off Pigging Valve
Global Pigging Valves Market: Application Segment Analysis
-
- Oil and Gas Industries
- Mining & Energy Industry
- Chemical Industry
- Water Treatment Industry
- Food-processing industries
- Others
FAQ
Frequently Asked Question
What is the global demand for Pigging Valves in terms of revenue?
-
The global Pigging Valves valued at 3520 Million in 2020 and is expected to reach 7169.75 Million in 2028 growing at a CAGR of 9.3%.
Which are the prominent players in the market?
-
The prominent players in the market are Camtech Manufacturing, Frontier Valve, Master Flo Valve, PBM Valve, Jag Valves, JAG flocomponents USA Inc., Argus Machine Co. Ltd., Pipetech, Tiger Valve, Hartmann Valves..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.3% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Pigging Valves include
- The increasing modernization of existing infrastructure along with growing investments in oil exploration activities and refineries is anticipated to augment the growth of the market over the forecast period.
- Furthermore, the increasing import and export of crude oil between various economies is also expected to fuel the growth of the pigging valves market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Pigging Valves in 2020.
