Lucintel Forecasts the Global Stopper Valve Market is expected to grow with a CAGR of 4.0% from 2024 to 2030
Lucintel Forecasts the Global Stopper Valve Market is expected to grow with a CAGR of 4.0% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global stopper valve market
looks promising with opportunities in the oil & gas, water treatment, chemical, and steel
markets. The global stopper valve market is expected to grow with a CAGR of 4.0%
from 2024 to 2030. The major drivers for this market are rising urbanization and
industrialization in underdeveloped nations, increasing industry use of process control
systems and automation, as well as, increasing consumer demand for premium goods,
stringent laws, and safety standards across a number of industries.
A more than 150-page report to understand trends, opportunity and forecast in stopper
valve market to 2030 by type (globe valve and needle valve), application (oil & gas,
water treatment industry, chemical industry, steel industry, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that globe valve will remain the larger segment over the forecast
period due to its adaptability and capacity to control flow in a variety of settings, and the
globe valves are suitable for both high- and low-pressure applications and can handle a
wide range of fluids, such as steam, water, and gas.
Download sample by clicking on stopper valve market
North America will remain the largest region over the forecast period due to growing
demand for clean water, heightened focus on environmental laws and safety
regulations, along with the growth of shale gas deposits in the region.
Johnson Controls, Emerson, Flowserve, Kitz, Cameron, IMI, Crane, Metso, Circor
Energy, KSB are the major suppliers in the stopper valve market.
This unique research report will enable you to make confident business decisions in this
globally competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com To get access of more than
1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust
market & unmet needs analysis. We are based in Dallas, TX and have been a trusted
advisor for 1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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