DUBLIN--(BUSINESS WIRE)--The "U.S. Valve Market Size and Forecast by Type (Industrial Valves, General Purpose Valves,) by Application (Construction, Manufacturing, Oil & Gas) and Trend Analysis, 2015-2025" report has been added to ResearchAndMarkets.com's offering.
U.S. valve market is expected to be valued at USD 36.20 billion by 2025, driven mainly by growing demand from oil & gas industry. Rising need of automation from manufacturing and processing industries is driving the demand for predictive monitoring and maintenance. These devices are the most common and indispensable device of our current technology that controls the flow of a fluid. The U.S. government is investing in conservation of water owing to the rising urban population and demand form manufacturing sector.
In the year 2016, U.S. chemical industry remained the top consumer of the industrial segment, followed by power generation and water & sewage management. Although, huge quantity is deployed in oil & gas, American Navy and Merchant Marines accounted for the maximum use. In the last few years, the market has shown growth in terms of types and sizes. Valves are available in wide variety of materials, including carbon steel, stainless steel, cast iron, ductile iron, brass and aluminum.
Increasing oil & gas industry in U.S. is expected to drive the demand over the forecast period. The U.S. is one of the largest producer and consumer of oil in the world. To meet increasing demand form end-use sector, oil producer in the country are investing in EOR techniques, which in turn is expected to fuel the demand in the country over the projected period.
Companies Mentioned
- Emerson Electric Co.
- Parker Hannifin
- Valtorc International USA
- Kennedy Valve Co.
- Balon Corporation
Key Topics Covered:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
Chapter 3. Introduction
Chapter 4. U.S. Valve Market Trends: Drivers & Opportunities
Chapter 5. U.S. Valve Market, By Type
Chapter 6. U.S. Valve Market, By Application
Chapter 7. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/6zvbrp/u_s_valve_market?w=4
