Energy and Power Middle East and Africa Industrial Valves Market | страница 2

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Quarter turn
Multi turn
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On the basis of function
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Control
Isolation
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Special
On the basis of type
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Ball valve
Globe valve
Plug valves
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The Middle East and Africa valve market is estimated to reach $10 Billion by 2019,with a
projected CAGR of 5.7% in the next half a decade. Africa is expected to be one of the emerging
markets for industrial valves. The increase in demand for oil & gas and power industry
applications in this region is the prime driver for market growth.
The leading players in industrial market include Pentair Ltd. (Switzerland), Flowserve Corporation
(U.S.), Emerson Electric (U.S.), FMC technologies (U.S.), and Alfa Laval AB (Sweden). The
companies are continually investing in R&D to introduce valves to suit the growing technological
requirements in the application industries.
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