Middle East and North Africa Valves Market Analysis and Forecast, 2019-2028

Market Introduction and Market Estimates

The Middle East and North Africa (MENA) valves market refers to the market for the production and sale of valves in the Middle East and North Africa region. Valves are critical components in various industrial, commercial, and residential applications, and their demand is driven by the growing demand for infrastructure and industrial development in the region.

The MENA valves market is expected to grow at a CAGR of 5% from 2022 to 2028, driven by the increasing demand for infrastructure and industrial development in the region. The market is expected to reach US$ 5 billion by 2028, driven by the increasing demand for valves in various industrial, commercial, and residential applications, as well as the increasing demand for energy and water management solutions.

Key Market Segmentation

RationalStat has segmented the MENA valves market based on type, application, and region

• MENA Valves Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Type
  • Butterfly Valve
  • Ball Valve
  • Globe Valve
  • Gate Valve
  • Plug Valve
  • Others
• MENA Valves Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Application
  • Industrial
  • Municipal
• MENA Valves Market Value (US$ Million), Volume (Tons), and Market Share (2019-2030) Analysis by Region
  • Middle East & North Africa Valves Market
    • Middle East
      • GCC
        • Bahrain
        • Kuwait
        • Oman
        • Qatar
        • Saudi Arabia
        • UAE
      • Iran
      • Iraq
      • Rest of MENA countries
    • North Africa
      • Algeria
      • Egypt
      • Rest of North Africa

Report Synopsis

Regional Analysis

The MENA valves market is a rapidly growing market, driven by the increasing demand for infrastructure and industrial development in the region. The market is expected to grow significantly in the coming years, driven by the increasing demand for valves in various industrial, commercial, and residential applications, as well as the increasing demand for energy and water management solutions.

Competitive Landscape

The MENA valves market is highly competitive, with a large number of players operating in the market. Key players in the market include Alfa Laval AB, Emerson Electric Co., Flowserve Corporation, IMI Critical Engineering, Georg Fischer Ltd, Crane Co., Honeywell International Inc, Saint-Gobain, Danfoss AS and others. These players are focusing on expanding their product offerings, improving their production processes, and increasing their presence in the region to increase their market share.

Market Outlook and Forecast

The MENA valves market is expected to grow significantly in the coming years, driven by the increasing demand for infrastructure and industrial development in the region. Companies operating in the market are focusing on expanding their product offerings, improving their production processes, and increasing their presence in the region to increase their market share. The increasing demand for valves in various industrial, commercial, and residential applications, as well as the increasing demand for energy and water management solutions, is expected to drive the growth of the market in the coming years. The market presents a significant opportunity for companies to increase their revenue and market share by expanding their presence in the region and offering high-quality and reliable valve solutions to customers.

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Primary Intelligence

• RationalStat utilizes surveys, questionnaires, focus groups, and one-to-one interviews with CXOs, industry partners, trade bodies, association members, ex-employees, and industry professionals to collect insights and quantitative/qualitative data specific to client needs. RationalStat quickly gets to the ‘why’ behind the ‘what’ demonstrated by secondary data.
• RationalStat takes a unique approach to arrive at market conclusions and actionable insights for clients.
• We have the technology and strong in-house resource pool with extensive experience in the global and regional markets, across a wide variety of categories and stakeholders.
• Strong language proficiency and capability with coverage across more than 70 language areas.

Secondary Sources

• Annual reports, company filings, investor presentations, product catalogs, and company documents
• Industry and market-related documents available in the public domain
• Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
• Whitepapers, research papers, and industry blogs.