London, 20 January 2015 –The Industrial Valves Market in APAC Region is expected to grow at a CAGR of 7 percent from 2014-2019, thanks to increased demand from the expanding construction industry in the region, says research firm TechNavio.
About the Report
The construction industry in the APAC region is growing rapidly, thus promoting the use of industrial valves in the production process. Therefore, the increased growth in the construction industry is expected to boost the demand for industrial valves through the forecast period.
The availability of abundant minerals and low-cost labor has led to the establishment of many manufacturing facilities in the APAC region.
“Government initiatives and programs like increased FDI across various industries is leading to the introduction of several new manufacturers in this region,” says Faisal Ghaus, Vice President of TechNavio.
The new report from TechNavio also emphasizes the presence of several international vendors and a number of mergers and acquisitions in the market.
“The Industrial Valves Market in the APAC region will be marked by a number of mergers and acquisitions as large international vendors acquire small and local vendors to increase their presence in the market,” says Ghaus.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2019
Market Growth Drivers:
- Increased Growth in Construction Industry
- For a full detailed list, view our report.
Market Challenges:
- Fluctuating Price of Raw Materials
- For a full detailed list, view our report.
Market Trends:
- Presence of Several International Vendors
- For a full detailed list, view our report.
Key Vendors:
- Cameron International Corp.
- Flowserve Corp.
- Pentair Ltd.
Other Prominent Vendors:
- FM Valve
- Fouress
- Fujikin
- GE
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
