Pressure Reducing Valve Market Size Global Overview, Upcoming Trend, Key Players, Industry Analysis, Market Size, share and Forecast Till 2026

Feb 20, 2020 (KD Market Insights via COMTEX) -- Pressure Reducing Valve Market by Type (Direct Acting, and Pilot Operated), Operating Pressure (Below 300 Psig, 301-600 Psig, and Above 600 Psig), and End-User (Oil & Gas, Power Generation, Chemical, Water & Wastewater, Metals & Mining, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026

The Global Pressure Reducing Valves Market is estimated to grow at a CAGR of 4.5% during the forecast period 2019-2026. As per the analysis, the market was valued at $2,501.7 million in the year 2018 and anticipated to reach $3,617.7 million by the year 2026.

GET FREE SAMPLE COPY @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR284

Pressure reducing valves is a type of safety valve that is used to limit and control the pressure in a system to avoid instrument or equipment failure. Pressure reducing valves are used in various industries such as Food & Beverages, Pulp & Paper, Pharmaceuticals, Power Generation, Chemical Processing and Oil & Gas among others.

source:https://www.marketwatch.com/press-release/pressure-reducing-valve-market-size-global-overview-upcoming-trend-key-players-industry-analysis-market-size-share-and-forecast-till-2026-2020-02-20