Nov 19, 2018   SOURCE: BusinessWire

Saudi Arabia Industrial Valves Market - Forecast to 2024: Expected to Grow at a CAGR of 3.3% from 2018 - ResearchAndMarkets.com

According to the report, the Saudi Arabia Industrial Valves Market is projected to grow at a CAGR of 3.3% during 2018-2024.

Saudi Arabia Industrial valves market registered a major decline in 2017 attributed to decreasing oil prices and deteriorating economy. However, substantial investment flows in multiple sectors such as hospitality, healthcare, energy and also mega infrastructure projects are expected to boost the sales for Industrial valves over the coming years.

However, the market is further expected to bounce back over the coming years owing to recovery of oil prices, economic stability and growth of non-oil sector. Additionally, growing construction projects would further proliferate the market demand.

The government of Saudi Arabia has introduced several development plans such as Saudi Vision 2030 and the National Transformation Plan 2020, with the objective of accelerating growth and diversification of the economy. Such initiatives would help the non-oil sectors to grow and promote the development of commercial buildings, offices, healthcare centers and hotels in future. Hence, the market for industrial valves in the country is expected to grow substantially during the forecast period.

Water and wastewater application registered a much higher demand for industrial valves as compared to other applications, to regulate the water flow round the clock. Being a basic component while designing of infrastructure, industrial valves are used on a large scale for regulating various functions in water and wastewater applications.

Key Topics Covered

1. Executive Summary

2. Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Global Industrial Valves Market Overview

3.1 Global Industrial Valves Market Revenues (2014-2024F)

3.2 Global Industrial Valves Market Revenue Share, By Regions (2017 & 2024F)

4. Saudi Arabia Industrial Valves Market Overview

4.1 Saudi Arabia Industrial Valves Market Revenues (2014-2024F)

4.2 Saudi Arabia Industrial Valves Market, Industry Life Cycle

4.3 Saudi Arabia Industrial Valves Market, Opportunity Matrix

4.4 Saudi Arabia Industrial Valves Market, Porters Five Forces

4.5 Saudi Arabia Industrial Valves Market Revenue Share, By Applications (2017 & 2024F)

4.6 Saudi Arabia Industrial Valves Market Revenue Share, By Types (2017 & 2024F)

4.7 Saudi Arabia Industrial Valves Market Revenue Share, By Regions (2017 & 2024F)

5. Saudi Arabia Industrial Valves Market Dynamics

5.1 Impact Analysis

5.2 Market Drivers

5.3 Market Restraints

6. Saudi Arabia Industrial Valves Market Trends

7. Saudi Arabia Industrial Valves Market Overview, By Types (On/Off)

7.1 Saudi Arabia Industrial Valves Market Revenues, By Ball Valves (2014-2024F)

7.2 Saudi Arabia Industrial Valves Market Revenues, By Gate Valves (2014-2024F)

7.3 Saudi Arabia Industrial Valves Market Revenues, By Check Valves (2014-2024F)

7.4 Saudi Arabia Industrial Valves Market Revenues, By Globe Valves (2014-2024F)

7.5 Saudi Arabia Industrial Valves Market Revenues, By Other Valves (2014-2024F)

8. Saudi Arabia Industrial Valves Market Overview, By Types (Control)

8.1 Saudi Arabia Industrial Valves Market Revenues, By Ball Valves (2014-2024F)

8.2 Saudi Arabia Industrial Valves Market Revenues, By Gate Valves (2014-2024F)

8.3 Saudi Arabia Industrial Valves Market Revenues, By Check Valves (2014-2024F)

8.4 Saudi Arabia Industrial Valves Market Revenues, By Globe Valves (2014-2024F)

8.5 Saudi Arabia Industrial Valves Market Revenues, By Other Valves (2014-2024F)

9. Saudi Arabia Industrial Valves Market Overview, By Applications

9.1 Saudi Arabia Industrial Valves Market Revenues, By Oil & Gas Application (2014-2024F)

9.2 Saudi Arabia Industrial Valves Market Revenues, By PCF Application (2014-2024F)

9.3 Saudi Arabia Industrial Valves Market Revenues, By Power Application (2014-2024F)

9.4 Saudi Arabia Industrial Valves Market Revenues, By Construction Application (2014-2024F)

9.5 Saudi Arabia Industrial Valves Market Revenues, By Water & Wastewater Application (2014-2024F)

9.6 Saudi Arabia Industrial Valves Market Revenues, By Other Applications (2014-2024F)

10. Saudi Arabia Industrial Valves Market Overview, By Functionality

10.1 Saudi Arabia Industrial Valves Market Revenue Share, By On-Off Type (2014-2024F)

10.2 Saudi Arabia Industrial Valves Market Revenue Share, By Control Type (2014-2024F)

11. Saudi Arabia Industrial Valves Market Overview, By Competitive Benchmarking

11.1 Saudi Arabia Industrial Valves Player's Market Volume Share (2017)

11.2 Competitive Benchmarking, By Technology

12. Company Profiles

12.1 Pan Gulf Valves Manufacturing Co. Ltd.

12.2 AVK International

12.3 Cameron Al-Rushaid Limited

12.4 KSB Pumps Ltd.

12.5 Flowserve Abahsain Co. Ltd.

12.6 YBA Kanoo

12.7 Saudi Pipe Systems

12.8 Shoaibi Group

12.9 Forum Energy Technologies

12.10 Emerson Process Management Arabia Ltd.

12.11 Dresser Al-Rushaid Valve & Instrument Co. Ltd (DRAVICO)

For more information about this report visit https://www.researchandmarkets.com/research/mk33s5/saudi_arabia?w=4