Rise in Demand from Oil & Gas Industries Expected to Drive Global Pressure Reducing Valve Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The pressure reducing valve is an equipment which primarily designed to reduce the overall pressure generated by fluid, incoming gas, and the steam pressures. Moreover, it is important to monitor the downstream pressures in preventing the variations in the changing conditions. One of the key properties of using pressure reducing valve consists of spring mechanism that permits the stability of highly unstable pressure to adjust the pressure. The pressure reducing valve benefits the overall system by providing energy efficiency, ease of maintenance, rugged reliability, and cost-effectiveness. According to study, “Pressure Reducing Valve Market by Type (Direct Acting, and Pilot Operated), Operating Pressure (Below 300 Psig, 301-600 Psig, and Above 600 Psig), and End-User (Oil & Gas, Power Generation, Chemical, Water & Wastewater, Metals & Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026”. Some of the key companies operating in the global pressure reducing valve market are TALIS Management Holding GmbH, Apollo Valves, Honeywell International Inc., Eaton, KSB, Parker, Singer Valve, Reliance Worldwide Corp. Ltd., Spirax-Sarco Engineering Plc., and WATTS Industries. Based on type, pressure reducing valve market is segmented as pilot operated and direct acting. Based on operating pressure, market is segmented as below 300 Psig, 301-600 Psig, and above 600 Psig. Based on temperature, market is segmented as 10 – 100 F, 101-250 F, 251-400 F, 401-550 F, 551-700 F and above 700 F. Based on application, market is segmented as gas application, steam application and liquid application. Steam application segment dominates the market owing to their capability to control pressure via fully automatic and no external power source. Additionally, liquid application segment is expected to exhibit higher growth rate due to wide scale adoption of valve among wastewater management application during the forecast period. In addition, based on end-user, market is segmented as power generation, chemical, oil & gas, water & wastewater, metals & mining, and others. The pressure reducing valve market is driven by surge in industrial processes & rise in number of industrial infrastructures, followed by increase in demand from the oil & gas industry and gradual increase in the need for automation in the process industries. However, rise in prices of raw materials and competition from domestic manufacturers may impact the market. Moreover, increase in investments in oil & gas industry from emerging economies is a key opportunity for market. Based on geography, the Asian-Pacific region holds largest share in global pressure reducing valve market owing to expansion of the oil and gas sector in the region. Whereas, the North-American and European regions are estimated to witness higher growth rate due to rise in investment in the new refineries, coupled with modernization of the existing facilities over the forecast period. In upcoming years, it is expected that future of the market will be optimistic on account of rise in usage of the pressure reducing valves in both industrial and commercial sectors during the forecast period. The global pressure reducing valves market size was valued at US $2,501.7 million in 2018, and is estimated to reach US $3,617.7 million by 2026, registering a CAGR of 4.5% from 2019-2026. For More Information, click on the link below:- Global Pressure Reducing Valve Market Research Report Related Reports:- Pressure Reducing Valve Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025) Global Pressure Reducing Valve Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications ankur@kenresearch.com +91-9015378249 Tags: Apollo Valves Pressure Reducing Valve Market, Asia Pacific Pressure Reducing Valve Market, Brazil Pressure Reducing Valve Market, Canada Pressure Reducing Valve Market, China Pressure Reducing Valve Market, Eaton Pressure Reducing Valve Market, Europe Pressure Reducing Valve Market, Germany Pressure Reducing Valve Market, Global Pressure Reducing Valve Industry, Global Pressure Reducing Valve Industry Research, Global Pressure Reducing Valve Industry Research Report, Global Pressure Reducing Valve Market, Global Pressure Reducing Valve Market Analysis, Global Pressure Reducing Valve Market Forecast, Global Pressure Reducing Valve Market Future Outlook, Global Pressure Reducing Valve Market Growth, Global Pressure Reducing Valve Market Key Players, Global Pressure Reducing Valve Market Research, Global Pressure Reducing Valve Market Research Report, Global Pressure Reducing Valve Market Revenue, Global Pressure Reducing Valve Market Sales, Global Pressure Reducing Valve Market Scope, Global Pressure Reducing Valve Market Share, Global Pressure Reducing Valve Market Size, Global Pressure Reducing Valve Market Trends, Globaler Markt für druckreduzierende Ventile, Honeywell International Inc. 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