Industrial valves are mechanical devices that are used to regulate, monitor, and control the flow of fluid in an industrial facility. Valves operate by opening, closing or partially blocking passage ways to allow movement of fluids from a direction of high pressure to

low pressure or vice versa. Valves are used across several discrete and process industries for transporting fluids between two points within an enclosed system.Among the end-users of industrial valves, the oil and gas industry is the major shareholder in terms of revenue due to the criticality of operations and requirement of devices for movement of fluids from one subprocess to another.The oil and gas industry is one of the major end-users of industrial valves. The industry contributes a significant share in terms of the overall market revenue. Owing to the criticality of processes carried out in the oil and gas sector and the need to transport

fluids from one stage of the process to another, industrial valves find increased applications in this sector. The industrial valves ensure smooth operations by regulating and controlling the movement of fluids.Increased exploration and production activities are being witnessed in North America,the Middle East and Africa (MEA), and APAC. These activities contribute largely to the steady market growth. In 2016, EMEA dominated the global industrial valves market in oil and gas industry by accounting for 59.31% share of the overall market revenue. The Americas and APAC are the other shareholders of the market, with APAC projected to record the highest CAGR among all regions globally.

PART 01: Executive summary 6

PART 02: Scope of the report 17

Market overview 17

Market definition 18

Key vendors 18

PART 03: Market research methodology 20

Research methodology 20

Economic indicators 20

PART 04: Introduction 21

Key market highlights 21

PART 05: Market landscape 24

Market overview 24

Market size and forecast 25

Five forces analysis 27

PART 06: Market segmentation by product 28

Market overview 28

Ball valves 29

Plug valves 32

Gate valves 34

Globe valves 36

Butterfly valves 38

Other valves 40

PART 07: Geographical segmentation 42

Market overview 42

EMEA 45

Americas 48

APAC 52

PART 08: Market drivers 54

Government regulations to curb environmental

degradation 54

Increased applications of valves in oil and gas industry 54

Growth in global pipeline transportation 56

PART 09: Impact of drivers 57

PART 10: Market challenges 58

Uncertainties in oil and gas sector due to price

fluctuation 58

Fluctuating prices of raw material 58

Impact of manufacturing/maintenance cost on vendors 58

PART 11: Impact of drivers and challenges 60

PART 12: Market trends 61

Advances in valve technology 61

Rising number of mergers and acquisitions 61

PART 13: Vendor landscape 63

Competition overview 63

Competition analysis 64

Key takeaways 72

PART 14: Appendix 74

List of abbreviations 74

PART 15: Explore Technavio 75