Cryogenic plug valves are expected to be highly installed

The industrial valve market is likely to witness rapid growth in the coming years due to the increased need for industrial valves from oil and gas production-related facilities in GCC countries, elevated energy demand in APAC, smart city development initiative across the world, high demand for predictive maintenance techniques from manufacturing industries, and stringent environmental and safety regulations to Bottom Valve Suppliers make the energy sector more resilient.Request for Sample Pages:-requestsampleNew.APAC is expected to hold largest share of industrial valve market from 2018 to 2023The industrial valve market in Asia Pacific (APAC) accounted for the largest share of the overall market in 2017 is expected to grow at the highest CAGR during the forecast period. The objective of the report is to provide a detailed analysis of the industrial valve market by material, valve type, valve size, industry, and geography. Cryogenic plug valves are expected to be highly installed in the oil & gas and chemicals industries for the isolation application, that is, to separate cryogenic media from other media. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 . The report provides detailed information regarding the major factors influencing the growth of the industrial valve market. The market for industrial plug valves is expected to grow at a rapid pace in the coming years due to the competitive trend in the APAC and European chemical companies. Plug valves will be the fastest-growing market for industrial valves during the forecast period.96% during the forecast period.19 billion by 2023, at a CAGR of 3.Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". Growing production of oil sands and shale gas fuels the demand for industrial valves in North America, and the increased investments in natural gas exploration and refineries are likely to boost the demand for these valves during the forecast period. The industrial valve market was valued at USD 67. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.asp?id=256097136Among all applications, the oil & gas industry is expected to account for the largest size of the industrial valve market during the forecast period. Shelly SinghMarketsandMarkets™ INC. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve