This is the sole reason a great number of butterfly valve manufacturers

Over the years, the industrial valve market around the world has witnessed a sky-rocketing growth. Nonetheless, rising demand of energy from all sectors across the world is expected to open up new growth opportunities in near future..4 Billion by 2021. West Africa and Brazil are some of the major regions for offshore oil and gas investments. As of now, the market is facing no threats or challenges. Industrial valves are used to control the flow of liquids and gases through the pipeline.3% between 2016 and 2021. The global industrial valves market is expected to grow at a CAGR (Compounded Annual Growth Rate) of around 5. Wholesale CHECK VALVE Manufacturers  However, in the future, there is a possibility of a price war to occur among vendors and the government due to the strict regulations and policies. This fact may hamper the market growth over years to come. India has the largest number of butterfly valve exporters. Ball valves are primarily used for flow control and situations where tight shut-off is required. All these things can pose a challenge to market growth. Some of the industries which need industrial valves all the time are oil &38; gas, chemical, power, water &38; wastewater and other applications. The liquids and gasses industry is hazardous and any mishap leads to environmental degradation and delay in operations. The market for industrial valves is huge.

 This is the sole reason a great number of butterfly valve manufacturers in India and swing check valve manufacturer are emerging. Furthermore, expanding industrial infrastructure in emerging markets such as Brazil, India and China are increasing offshore oil and gas projects, improved safety and reduced operating cost are some of the major factors that have accelerated the growth of this market. There are no two thoughts about the fact that the industrial valve market is growing at a rapid pace due to the increasing energy demand in developing countries such as India, China and Asia-Pacific region. The main types of industrial valves are gate valve, butterfly valve, ball valve, check valve and globe valve. The size of valve specific and is related to the volume of fluids that expected to flow through it. There are several production projects planned in regions such as West Africa and Brazil. The ball valves segment was registered for over 20% revenue in 2015. These valves can be operated manually or automatically. The growth of the industrial valves market can be attributed to the increasing demand in industries such as oil and gas and water. According to a recent report conducted, the global industrial valves market accounted for 65 Billion USD in 2015 and is expected to reach USD 88. When we talk about industrial valves, we are referring to gate valves, butterfly valves, ball, check and globe valves