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Acquire Market Research has announced a new report titled “Global Explosion Proof Solenoid Valves Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” to their offerings

The worldwide market for Explosion Proof Solenoid Valves is expected to grow at a CAGR of roughly 3.3% over the next five years, will reach 600 million US$ in 2024, from 490 million US$ in 2019, according to a new study.

A solenoid valve is an electromechanically operated valve. The valve is controlled by an electric current through a solenoid: in the case of a two-port valve the flow is switched on or off; in the case of a three-port valve, the outflow is switched between the two outlet ports. Multiple solenoid valves can be placed together on a manifold.

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Scope of the Report:

Worldwide, Europe is the largest market of explosion proof solenoid valve consumption value market, while China is the largest consumption volume market. It is estimated that Europe accounts for about 30% of the industry total revenue.

After development of about two decades, China has become the largest consumption volume markket of explosion proof solenoid valve. In 2016, China produces about 25.58% of the global total consumption volume. The market in other developing countries or regions, such as South America is becoming the most important emerging consumption market of solenoid valve. And the production technology and production scale of explosion proof solenoid valve in these regions are also developing quickly, partly driven by the capacity movement from developed countries.

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For the applications of explosion proof solenoid valve, products for Chemical industry, Petrochemical, Oil and gas and Gas pipe network are the main market driven engine for industry consumption volume. The demand of explosion proof solenoid valve on Chemical industry accounts for more than 30% of the market consumption volume.

This report focuses on the Explosion Proof Solenoid Valves in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers

ASCO, Parker, Kendrion, Festo, SMC, Bürkert, Norgren, CKD, KONAN ELECTRIC, ODE, Peter Paul valve, Airtec, Shanghao Hope, SHAKO, Rotex, Kaneko Corporation, JVL, Shanghai Taiming, Zhejiang Yongjiu, PRO UNI-D.

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Market Segment by Type, covers

Two-way Solenoid Valves

Three-way Solenoid Valves

Four-way Solenoid Valves

Others

Market Segment by Applications, can be divided into

Chemical industry

Petrochemical

Oil and gas

Gas pipe network

Other

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Explosion Proof Solenoid Valves product scope, market overview, market opportunities, market driving force and market risks.

Chapter 2, to profile the top manufacturers of Explosion Proof Solenoid Valves, with price, sales, revenue and global market share of Explosion Proof Solenoid Valves in 2017 and 2018.

Chapter 3, the Explosion Proof Solenoid Valves competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Explosion Proof Solenoid Valves breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.

Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.

Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.

Chapter 12, Explosion Proof Solenoid Valves market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.

Chapter 13, 14 and 15, to describe Explosion Proof Solenoid Valves sales channel, distributors, customers, research findings and conclusion, appendix and data source.