The needle valve market is expected to grow at a CAGR of 14% during the forecast period. The term ‘needle valve’ refers to a type of valve with a long, narrow stem in the shape of a needle. The end is like an arrowhead. These arrowheads can be round or pointed. This type of valve is mainly used for controlling flow rate with accuracy; they have a very fine control over flow rate than any other type of valve, such as ball valve and gate valve. Automatic needle valves are most commonly used in oil refineries and chemical piping. The power drive type is generally preferred because it has a higher flow rate than the latter two, compared to manual and automatic types.
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Company Profile
- Cameron
- Emerson Electric
- Flowserve
- KSB
- Pentair
- Alfa Laval
- AVK Group
Market Segmentation
By Type:
- Automatic Type
- Power Drive Type
- Manual Type
By Application:
- Low Temperature Piping System
- Oil Refining Device
- Chemical Piping
- Metallurgical System
- Product Delivery
Scope of the Report
The research study analyzes the Needle Valve Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Needle Valve Market Report
- What was the Needle Valve Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Needle Valve Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Needle Valve Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Needle Valve market.
- The market share of the Needle Valve market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Needle Valve market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Needle Valve market.
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