MarkNtel Advisors, a leading market research company, has recently releases report titled “India Valves Market Report by Type (Hydraulic/Fluid, Air), By Applications (Water (Water Supply & Distribution, Irrigation, Water Treatment Plants, Others (Desalination Plants, etc.)), Oil & Gas, Power Generation, Process Industry, Infrastructure, Others (Mining, Fire Protection, etc.)), and Region 2022-2027”. The study provides a detailed analysis of the industry, including the India Valves market size, share, top player, latest trends, and growth forecasts. The report also includes geographical analysis and highlights the latest advancements in the market.
How Big is the India Valves Industry?
The India Valves Market size is expected to rise at a CAGR of around 7.88% during the forecast period 2022-2027.
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India Valves Market Growth Driver:
The Rapidly Expanding Oil & Gas Sector – In recent years, numerous oil refineries have been established in India to cater to the ever-increasing demand for petrochemical products like petrol, diesel, kerosene, & aerosols, among others. Consequently, it has escalated the production & sales of a large volume of valves of different sizes. Moreover, India also has plans to increase its oil refining capacity, which would play a notable role in increasing the demand for valves both in the existing capacity expansion of the already established plants and in new ones over the coming years. Hence, ongoing developments in the oil & gas industry and increasing government focus on energy security & enhancing production capacity for petrochemical products are expected to drive the India Valves Market during 2022-2027.
Competitor Breakdown: Top India Valves Companies 2022-2027
- L&T Valves
- Kirloskar Brothers
- VAG
- AVK
- Microfinish Group
- Aira
- R&D Multiple
- Bermad
- Talis
- Advanced Valves
- Others (Aquestia, BDK Valves, Darling Muesco, etc.)
Note: Additional or any 5 specific company in the Market can be added to the list without any Extra cost.
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Regional Analysis:
North, East, West, South.
- Share of each region segment in the Market
- Potential growth opportunities in the region
- The growth rate of the region in the Industry
Breaking Down the India Valves Market Segmentation:
By Type
- Hydraulic/Fluid
- Air
By Applications
- Water
- Water Supply & Distribution
- Irrigation
- Water Treatment Plants
- Others (Desalination Plants, etc.)
- Oil & Gas
- Power Generation
- Process Industry
- Infrastructure
- Others (Mining, Fire Protection, etc.)
By Distribution Channel
- Multibrand Dealer & Distributor
- EPC
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