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

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Globe valve
Plug valves
Others
Browse 60 market data tables and 19 figures spread through 160 pages and in -depth TOC
on “Middle East and Africa Industrial Valves Market - Global Trends & Forecasts to 2019”
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Industrial valves are devices used for flow regulation and control in piping systems. Valves are
used to regulate, start and stop, or control the direction of a fluid or gas, flowing through the
piping system. The industrial valves market has been segmented on the basis of its application in
industries viz. Oil & gas, Chemical, Municipal, Power, and Mining and others.
The Middle East market is also expected to grow at a fair pace in the next half a decade. The
demand for industrial valves is expected to be driven by the increasing industrial expansions. The
industrial expansions in this region are expected be a direct result of the changing role of the
Middle East region, from a raw goods provider to a refined products supplier. H igh growth of the
desalination industry in this region is also expected to be one of the key growth factors driving
the demand for industrial valves.
The African market is expected to be one of the fastest growing markets in the next five
years. The oil & gas and power application industry growth is expected to drive the demand for
industrial valves in Africa. Water and wastewater application demand as well as petrochemical
industry demand would also boost the demand for industrial valves in Africa.
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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.
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