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Valves in Gas Transport Market in North America

Global gas transport valves market: New market research published


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2014-02-14 04:22:04 - Valves in Gas Transport Market in North America - a new market research report on companiesandmarkets.com

This research service identifies the major industry challenges, market drivers and restraints, and key trends in technology and distribution for the North American valves in gas transport market. Moreover, this research provides comprehensive forecasts for the total market for the gas transport end-user segment.The forecasts also include insight into the growth trends for three product segments: multi-turn valves, quarter-turn valves, and self-acting and control valves. A competitive analysis and Mega Trends that relate to the market are also included. The regions covered in this study include the United States and Canada, the base year is 2012, and the forecasts run through 2019.Executive SummaryHeavy growth in pipeline infrastructure due to the ongoing extraction activities of conventional and unconventional gas reserves is

 

 

a major growth factor.Demand for crude oil is rising after several years of negative growth, which could affect the growth of the valves market in gas transportation.This sector will not witness any major technological changes in upcoming years, and hence companies must start investing into research and development (R&D) to compete with the low-cost imports from Asian manufacturers.The market is expected to grow at compound annual growth rate (CAGR) of x percent.From 2012 to 2014 the market is expected to witness slow growth because of the local presence of natural gas, which makes it difficult to find high demand areas to transport to.By 2015, valves in the gas transport market will grow steadily but slowly through the end of the forecast period.

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