UAE Valves Market growth to Grow with a robust CAGR through to 2028
Demand for smart valves with advanced technology
features, such as sensors, real-time monitoring, and remote control are
expected to drive the UAE Valves Market growth in the forecast period,
2024-2028.
According to TechSci Research report, “UAE Valves
Market - By Country, Competition, Forecast and Opportunities, 2018-2028”,
the UAE Valves Market is expected to register a robust during the forecast
period, 2024-2028. The UAE is a significant player in the global oil and gas
industry. Valves are essential for various operations in this sector, including
drilling, wellhead control, transportation, and refining. As the UAE continues
to expand its oil and gas production capacity and diversify into downstream petrochemical
industries, the demand for valves in this industry remains high.
The UAE is known for its ambitious construction
projects, including skyscrapers, residential communities, and transportation
infrastructure. Valves for plumbing, HVAC systems, and utility control are
essential for these projects. Water supply, sewage systems, and power
generation are critical components of infrastructure development. Valves are
indispensable for these systems.
The UAE is a significant player in the global oil and
gas industry. Valves for drilling, wellhead control, and transportation are in
high demand. Refineries, petrochemical plants, and distribution facilities
require a wide range of valves for refining and processing crude oil and gas.
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Based on material type, Steel segment has emerged as
the predominant market leader. Valves are employed in steam and gas supply
systems to control pressure and temperature during various stages of steel
production, including the heating and rolling processes. Accurate control of
steam and gas flows is critical for maintaining the quality and consistency of
steel products. Hydraulic valves are used in steel mills for controlling the
movement of heavy machinery and equipment, such as rolling mills and cranes.
These valves play a crucial role in ensuring safety and efficiency in steel
manufacturing operations. The UAE is encouraging local manufacturing and
self-sufficiency. This trend extends to valve production, with a growing
emphasis on sourcing valves from local manufacturers. This supports the
domestic economy and ensures a reliable supply of valves for the steel
industry. In conclusion, the UAE valves market in the steel segment is integral
to the country's steel production processes. Valves play a critical role in
controlling various aspects of steel manufacturing, from temperature and
pressure to water supply and emissions.
Based on application, Oil & Gas segment is
expected to grow during the forecast period. In the downstream segment, valves
are integral to refining processes. They control the flow of various fluids,
such as crude oil, intermediate products, and refined fuels. Valves also manage
the distribution of refined products to consumers. Valves are used in tank
farms and terminal facilities for the loading and unloading of oil and gas
products, as well as for safety and environmental protection. Remote monitoring
and control of valves are becoming more prevalent, allowing operators to manage
valves from a central location. This trend improves operational efficiency and
reduces the need for on-site maintenance. The UAE is committed to environmental
responsibility, and this includes minimizing emissions in the oil and gas
sector. Low-emission valves and technology are in demand to meet environmental
goals. In conclusion, the UAE valves market within the oil and gas segment is
integral to the country's energy production and export. Valves play a critical
role in ensuring the safe and efficient movement of hydrocarbons from upstream
operations through midstream and downstream processes.
Major companies operating in UAE Valves Market are:
- Flowserve Corporation
- Emerson
- Schlumberger Company
- Velan
- KITZ Corporation
- Petroleum Pipe Company (PPC)
- Apollo Valves
- Albion Valves
- Gulf Valve LLC
- Al Masaood Oil & Gas
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“Dubai is expected to dominate the market during the
forecast period. Dubai has been
undergoing extensive infrastructure development, particularly in the
construction and real estate sectors. This includes the construction of iconic
skyscrapers, residential communities, and major transportation projects. Such
projects necessitate the use of valves for plumbing, HVAC, and various
utilities.,” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“UAE
Valves Market By Type (Ball Valve, Butterfly Valve, Gate Valve, Solenoid Valve,
Diaphragm Valve, Piston Valve and Others), By End Use (Oil & Gas,
Industrial, Construction and Others), By Material (Steel Valves, Brass &
Bronze Valves, Plastic Valves, Cast Iron Valves and Others), By Region, By
Competition Forecast & Opportunities, 2018-2028”, has evaluated
the future growth potential of UAE Valves Market and provides statistics &
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in UAE Valves Market.
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