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Comprehensive Report on LPG Cylinder Valve Market 2021 | Size, Growth, Demand, Opportunities & Forecast To 2027

04-16-2021 03:42 PM CET | Energy & Environment

Press release from: Allied Analytics LLP

A valve is a mechanical device, which regulates flow as well as pressure within a system. The valves are essential parts of a piping system specifically designed to transport liquids, gases, and vapors. Moreover, valve is also employed to start or stop the flow, changing the direction of flow, preventing back flow of liquids, and controlling pressure in a system. Valves are of several types and designs, and are utilized for various industrial, commercial, and household applications. During recent years, the LPG cylinder industry is being employed among manufacturing as well as transportation sector such as in cars, owing to rise in environmental concerns and reduction in weight of cylinders.

This report projects the trends and opportunities of the global LPG cylinder valve market. This research study includes a qualitative and quantitative analysis with comprehensive research methodologies and reliable projections to understand the present overview and predict the market behavior during the forecast period.

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The rise in global demand for energy and growth of oil & gas industry, energy generation activities, and refining activities significantly boost the market growth. Moreover, increase in urbanization acts as an emerging factor for the growth of LPG cylinder valves market. In addition, major consumers of LPG such as the U.S., China, Saudi Arabia, Japan, and India majorly contribute to the market growth. Furthermore, innovations in technology leading to plant automation is another factor that augments the market demand. The growth of LPG cylinder valve market is dependent on ongoing investments in the manufacturing facilities coupled with innovation in technology in valve systems. Furthermore, governmental policies and regulations and increased demand from process industries also fuels the market growth.

The global LPG cylinder valve market is bifurcated based on type and geography. On the basis of type, it is segmented into safety valves, self-closing valves, forklift valves, prest-o-lite (pol) valves and quick-on valves, and others (handwheel valves and cut-off push & turn valves). Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Key market players in this sector include Mauria, Orson Holdings, Batra Valves, GCE Group, Bhiwadi Cylinders Pvt. Ltd, Cavagna Group S.p.A, Repkon, Rotarex, Kosan Creations, and Zhejiang Mingshi Xingxin HVAC technology Co., Ltd.

Key Benefits for Stakeholders
• This report provides a quantitative analysis of the current trends, estimations, and dynamics through 2017-2023, which assists to identify the prevailing market opportunities.
• Major countries in each region are studied as per key trends, developments, and presence of industry players in the market.
• Region-wise and country-wise market conditions are comprehensively analyzed in the report.
• Key players of the LPG cylinder valve market are also listed.
• This study evaluates the value chain to understand the competitive environment across geographies.
• An in-depth analysis of segmentation is provided to elucidate the prevailing market opportunities.

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About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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