The global market for nuclear main steam and feedwater shut-off valves is expected to grow at a remarkable pace over the forecast period. One of the main elements contributing to global market growth is a huge surge in the oil and gas sector. The global market for isolation and safety valves has also shown numerous mergers and acquisitions. However, the low profit margin for the companies could create a challenge to the growth of the isolation and safety valve market over the next eight years.
There is a growing trend in the market for custom shut-off and safety valves as the lack of products and differentiation has resulted in increased competition among vendors. Hence, both local and international suppliers try to separate each product through bespoke valves that are offered to consumers at reasonable prices. This remarkable trend will have a positive impact on the growth of the global market for isolation and safety valves over the next eight years.
Feedwater and main steam shut-off valves are a notable part of nuclear power plants and the demand for them is expected to increase over the forecast period. There are two types of valves that are used in emergencies and are known as shut-off valves and safety relief valves. The safety relief valve typically operates in a closed position; The reason is to protect against bursting and overpressure, and it needs to be unlocked to relieve pressure.
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Key figures: Weir Group PLC, Flowserve Corporation, Tyco International Ltd. and Crane Co.
Usually they are 100 percent free and have no controlling motive. They can be unlocked so that feed water or steam can flow through and the pressure loss is reduced to a minimum. In emergencies involving a pipe burst in a steam generator, this valve must be locked. These characteristics are expected to drive product demand over the forecast period.
Geographically, the global nuclear main steam and feedwater shut-off valve market is divided into North America, Asia-Pacific, the Middle East, and Asia, Europe, and Latin America. It is expected that North America will hold the most important market share in the global market for isolation and safety valves during the forecast period due to the large-end technology already established in the region.
High growth is expected in the Middle East and America, driven by increased investment in oil and gas exploration in the region. The company’s increasing development in relation to the Middle East’s differentiating role from being a supplier of raw materials to being a supplier of refined products is also expected to have a significant impact on regional market growth over the forecast period.
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By type or product: –
- Manual valves
- Engine valves
- Pneumatic valves
- Hydraulic valves
- Solenoid valves
By application or end user
- Communal
- Chemically
- Petrol
- Energy supply company
By region:
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
- Latin America
Detailed Table of Contents of Market Research Reports for Nuclear Main Steam and Feedwater Shut-Off Valves –
– Market launch and market overview for nuclear main steam and feedwater shut-off valves
Nuclear Main Steam and Feedwater Shutoff Valves Market By Application
– Nuclear main steam and feedwater shut-off valves market chain analysis
– Nuclear Main Steam and Feedwater Shutoff Valves by Type Market
– Industry manufacture, consumption, export, import by region
– Industry Value ($) by Region
– Core Steam and Feedwater Shutoff Valve Market Status and SWOT Analysis by Region
– Main market for nuclear main steam and feed water shut-off valves
i) Worldwide market for nuclear main steam and feed water shut-off valves
ii) Global market revenue and market shares for nuclear main steam and feedwater shut-off valves
– List of major companies
– Conclusion
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