India Industrial Valves Market to Surpass $2.4 Billion by 2022
Widening power demand supply gap and growing requirement of
natural gas coupled with favorable government initiatives to drive India
industrial valves market by 2022
According to
a TechSci Research report, “India Industrial Valves Market, By
Functionality, By End Use Industry, Competition Forecast & Opportunities,
2012 – 2022”, the industrial
valves market in India is anticipated to surpass $2.4 billion by 2022. In
India, industrial valves market has been catalyzed by rising demand for power
across diverse end use sectors such as oil & gas, power, petrochemicals,
etc. Oil & gas pipeline infrastructure is undergoing considerable expansion
in India, and since valves are regularly deployed in pipelines, which, in turn,
has been driving their sales in this sector in India.
During
the 12th Five Year Plan (FYP), the FDI inflows in petroleum & natural gas
sector attracted investments worth USD152.77 billion; wherein a major chunk of
the fund is to be used for the expansion of gas pipeline projects across the
country. The Indian Government has announced plans to develop additional 15,000
kms of gas pipelines by 2017. Increase in the number of pipeline projects in
the country is expected to positively influence the India industrial valves
market over the next five years.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=3549
Customers
can also request for 10% free customization on this report.
“Any improvement in the performance
of industrial valve positively impact its end use industry. In oil & gas
hydraulic fracturing of unconventional plays, any failure of a frac valve can
have a huge impact on operational efficiency. Operators are ready to pay extra
for industrial valves with better performance, and are reliable under the most
extreme conditions of temperature and pressure.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“India
Industrial Valves Market, By Functionality, By End Use Industry, Competition
Forecast & Opportunities, 2012 – 2022” has evaluated the future growth potential of India industrial
valves market and provided statistics and information on market structure,
industry behaviour and trends. The report includes market projections and
demand forecasting. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment evaluation.
Besides, the report also identifies and analyses emerging trends along with
essential drivers, challenges and opportunities available in the India industrial
valves market.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium market research reports. Serving 700 global clients
with more than 600 premium market research studies, TechSci Research is serving
clients across 11 different industrial verticals. TechSci Research specializes
in research based consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime Analysts
and Consultants employing innovative research solutions and tracking global and
country specific high growth markets helps TechSci clients to lead rather than
follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]