Steel Gas Valve Market
Steel Gas Valve Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0283
Segments Covered
By
Type 0.25 to 8 Inches, 8 to 20 Inches, Above 20 Inches
-
By
Application Oil and Gas Production, Gas Transmission and Distribution, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
1.50 Billion |
 Revenue 2028:
|
2.10 Billion |
 Revenue CAGR
(2021 - 2028): |
4.3 |
Fastest Growing Region (2022 -
2028)
|
North American |
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
The report delivers an acute breakdown of the market based on various segments such as Type, Application, and region. The report will cover market estimations and forecast for each segment by region for the years 20156–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Type, the market is divided into 0.25 to 8 Inches, 8 to 20 Inches, Above 20 Inches. Inorganic Sorbent held the largest share in 2020 and is projected to witness substantial growth during the forecast period.
Based
on Application, the market is divided into Oil and Gas Production, Gas Transmission and Distribution, Others. Chemical industry
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global Steel Gas Valve Market: Type Segment Analysis
-
- 0.25 to 8 Inches
- 8 to 20 Inches
- Above 20 Inches
Global Steel Gas Valve Market: Application Segment Analysis
-
- Oil and Gas Production
- Gas Transmission and Distribution
- Others
FAQ
Frequently Asked Question
What is the global demand for Steel Gas Valve in terms of revenue?
-
The global Steel Gas Valve valued at 1.50 Billion in 2020 and is expected to reach 2.10 Billion in 2028 growing at a CAGR of 4.3%.
Which are the prominent players in the market?
-
The prominent players in the market are CIRCOR International, Watts Water Technologies, HYDAC, Parker Hannifin, IMI, National Oilwell Varco, Emerson Electric, The Weir Group, Schlumberger, Armstrong, BHGE, Metso Corporation..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.3% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Steel Gas Valve include
- The increased spending in the research and development of automatic components used in the pharmaceuticals industry is expected to drive the growth of the steel gas valve market.
- The growing production of healthcare devices and increasing R&D investments in the pharma field boost the growth of the Steel Gas Valve Market.
Which region accounted for the largest share in the market?
-
North American was the leading regional segment of the Steel Gas Valve in 2020.
