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Industrial Valves Market is set for lucrative growth during 2021-2031

Industrial valves are used to regulate, direct or control the flow of liquids, gases, or other materials in industrial piping systems. Valves may be operated manually, by electricity, or by fluid pressure. They are classified into different types according to their function and structure.

The most common types of industrial valves are ball valves, butterfly valves, check valves, gate valves, and globe valves. Ball valves are used to control the flow of liquids or gases by means of a ball that is rotated to open or close the valve. Butterfly valves are used to regulate the flow of liquids or gases by means of a disk that is rotated to open or close the valve. Check valves are used to prevent the backflow of liquids or gases by means of a flap that is opened or closed by the flow of the fluid. Gate valves are used to control the flow of liquids or gases by means of a gate that is opened or closed by a handwheel. Globe valves are used to regulate the flow of liquids or gases by means of a plug that is rotated to open or close the valve.

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Key Players
  • AVK Holding A/S
  • Avcon Controls
  • Schlumberger Limited
  • Crane Co.
  • Emerson Electric Co.
  • Flowserve Corporation
  • Forbes Marshall
  • IMI plc
  • Metso Corporation
  • The Weir Group plc
Market Segments

By Material Type

  • Cast Iron
  • Steel
  • Alloy-Based
  • Others

By Valve Type

  • Ball Values
  • Butterfly Values
  • Gate Values
  • Globe Values
  • Plug Values
  • Check Values
  • Diaphragm Values

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Key Trends and Drivers

Some of the key trends in the Industrial Valves Market are:

  • The trend towards the development of more sophisticated and specialized valves.
  • The trend towards the use of more environmentally friendly materials in valves.
  • The trend towards the development of more automated valves.
  • The trend towards the development of more reliable and durable valves.

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