As the global economy recovers in 2021 and the supply of the industrial chain improves, the flow control market will undergo major changes. The global flow control market is expected to grow at a CAGR of 13.56% over the forecast period (2022-2027). Flow control solutions govern liquid and gas flow and pressure. The market is growing due to rising product demand from end-use sectors such as oil & gas, electricity, and construction. Flow control solutions are applicable for vertical, deviated, and horizontal completions and are suitable for inflow optimization and production maximization.
The global flow control industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.
The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global flow control market during the next few years. The global flow control market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.
The flow control market can be split based on product types, major applications, and important regions as follows:
Emerson Electric Co.
Alfa Laval Corporate AB
Oil & gas
Water and Wastewater