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Report explores the instrumentation valves and fittings global market outlook (2016-2022)

Industrial Market Research

The report helps to recognize the possible future investment pockets, thereby, promotes collaborations among vendors. It anticipates challenges and restraints of the industry which help producers and key stakeholders to take corrective steps.

According to Stratistics MRC, the Global Instrumentation Valves and Fittings market is expected to grow from $3.86 billion in 2015 to reach $5.63 billion by 2022 with a CAGR of 5.5%. Huge requirement for valves and fittings in industrial automation in fumes, fluid, and gas control applications is the major factor driving the market growth.

In addition, growth in usage of instrumentation valves on account of increasing growth rate of hyperbaric oxygen therapy devices is also favouring the market growth.

Ultraclean valves market is anticipated to grow at a higher CAGR during the forecast period. It is attributed to extensive usage in pharmaceutical sector for ultra-hygienic applications.

The oil & gas application is leading the global market. It is led by increasing market demand for valves in the instrumentation valves & fittings market.

North America and Europe are projected to be the leading markets in terms of market size, during the forecast period. Asia Pacific and Latin America are expected to witness high growth rate during the forecast period.

Report: www.researchbeam.com/instrumentati…et/request-sample

Some of the key players in global instrumentation valves and fittings market include Fujikin., Dwyer Instruments, Fitok, Bray International Inc., Braeco., Hoke., Hex Valve, Ham-Let, Astectubelok, As-Schneider, Hy-Lok, Ssp Fitting, Oliver Valves, Safelok, Swagelok, and Parker Hannifin.

Product Types Covered:
• Fittings 
o Flare Fittings
o Double Ferrule Fittings
o Pipe Fittings
o Single Ferrule Fittings
o Other Fittings
• Valves 
o Ultraclean Valves
o Needle Valves
o Check Valves
o Manifold Valves
o Ball Valves
o Other Valves

Report: www.researchbeam.com/instrumentati…/purchase-enquiry

Applications Covered:
• Chemical 
• Food & Beverages 
• Hyperbaric Chambers 
• Oil & Gas 
• Paper & Pulp 
• Pharmaceuticals 
• Semiconductors 
• Other Applications 
o Process Instrumentation
o Power Generation

Regions Covered:
• North America

• Europe

• Asia Pacific

• Rest of the World

 

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