Research and Markets: Massive Capital Expenditure Projects within South African Valves and Actuators Market within the Chemicals and Petrochemicals Industry
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/331e81/south_african_valv) has announced the addition of Frost & Sullivan's new report "South African Valves and Actuators Market within the Chemicals and Petrochemicals Industry" to their offering.
This Frost & Sullivan research service titled South African Valves and Actuators Market within the Chemicals and Petrochemicals Industry provides a focused analysis of the valve and actuator market within the South African chemicals industry from 2005 to 2015. The research also presents revenue forecasts, the market's competitive structure at total market and product segment level for each valve and actuator product type listed in the research service. In this research, Frost & Sullivan's expert analysts thoroughly examine the following technologies: on/off valves, control valves and actuators.
Market Overview
Massive Capital Expenditure Projects within the Petrochemicals Industry to Spur Uptake of Valves and Actuators in South Africa
Despite the impacts of the global financial crisis, including expenditure tightening, a few leading end-user companies within the petrochemicals industry in South Africa are continuing to implement planned capital expenditure projects with the objective of boosting production capacity to match the anticipated increase in demand for chemicals and petrochemicals. Such sizeable capital expenditure projects are set to contribute to a steady growth in demand for valves and actuators in South Africa from 2010 to 2015.
"Leading chemicals and petrochemicals companies such as SASOL and PetroSA are going forward with their capital expenditure programmes to increase production capacity, despite the global financial crisis," notes research analyst, James Fungai Maposa. "Implementation of these projects is expected to contribute to a higher demand for valve and actuator products within the sector." In addition to the construction of new plants and refineries, challenges such as energy shortages and stricter environmental concerns are other factors that have prompted end users within the sector to upgrade their existing facilities to reduce energy consumption and conserve the environment. Part of the upgrade activity will include the replacing of obsolete valves and actuators with automation compatible valve and actuator products. The plant upgrades are, therefore, expected to contribute to revenue growth of the valves and actuators market within the petrochemicals industry until 2015.
Completed Capital Expenditure Projects to Result in Rise in Replacement Demand for Valve and Actuator Products
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following application sectors in this research:
- Chemical industry
- Petrochemical industry
Technologies
The following technologies are covered in the research:
- On/off valves
- Control valves
- Actuators
Key Topics Covered:
1. Executive Summary
2. Research Scope and Objectives
3. Market Definitions
4. Overview of Chemicals and Petrochemicals Industry
5. Total Market Forecasts
6. Forecasts for On/Off Valves Market
7. Forecasts for Control Valves Market
8. Forecasts for Actuators Market
9. Key Sector Opportunity Analysis
10. Conclusions and Strategic Recommendations
For more information visit http://www.researchandmarkets.com/research/331e81/south_african_valv
