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Christmas Tree Valves Market

Market Insights on Christmas Tree Valves covering sales outlook, demand forecast & up-to-date key trends

Christmas Tree Valves Market by Type (Manual, Automatic), Application (Onshore, Offshore), and Region for 2022-2027

Christmas Tree Valves Market Outlook – 2022-2027

[82 Pages Report] Sales in the global Christmas tree valves market are slated to top US$ 2.8 Bn in 2021. Expanding at a healthy 3.8% CAGR, the market size is projected to total US$ 3.5 Bn by 2027.

Attribute

Details

Christmas Tree Valves Market Estimated Size 2021

US$ 2.8 Bn 

Christmas Tree Valves Market Value-based CAGR (2021-2027)

~3.8%

Christmas Tree Valves Market Size in Projected 2027

US$ 3.5 Bn

Increasing oil exploration activities across the globe is anticipated to drive the sales in this market. The ongoing advancement in remote monitoring and automation solutions is also likely to propel the growth in this market.

Christmas tree valves are primarily utilized in advanced gas and oil wells where the pressure for the natural flow of fuels is sufficient. These are considered to be a structure of chokes, gauges, spools, and valves, which make them look like a Christmas tree, hence the name. They are capable of acting as a connector between the over-oil well and under-oil well activities.

A sophisticated surface Christmas tree contains at least four to five valves, typically arranged in a crucifix pattern, whereas a basic surface tree has two or three manual valves to restrict the flow of fluid when fully open.

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How The Market Progressed Till June 2022?

Market Statistics

Details

H1,2021 (A)

3.7%

H1,2022 Projected (P)

3.9%

H1,2022 Outlook (O)

4.4%

BPS Change : H1,2022 (O) - H1,2022 (P)

(+) 72 ↑

BPS Change : H1,2022 (O) - H1,2021 (A)

(+) 51 ↑

Future Market Insights predicts a comparison and review analysis for the dynamics of the Christmas Tree Valve market, Christmas tree valves are generally used in sophisticated gas and oil wells when the pressure for natural fuel flow is adequate.

These are said to be a structure of chokes, gauges, spools, and valves that resemble a Christmas tree, hence the name. They can serve as a link between the over-oil well and under-oil well activities. A complex surface Christmas tree has four to five valves, often organized in a crucifix pattern; whereas a simple surface tree has two or three manual valves to restrict fluid flow when completely open.

According to FMI analysis, the difference between the BPS values identified in the automotive composite market in H1, 2022 - Outlook over H1, 2022 Projected shows a gain of 72 units. Notably, compared to H1, 2021, the market expected to go up by 51 BPS in H1 -2022.

Key reasons for this change due to the increasing number of exploration operations and high investments in the crude oil industry throughout the world are predicted to be the market's primary growth multipliers. Christmas tree valves provide several advantages, such as managing gas injection on non-producing or producing wells and preventing obstructions, which drives their global demand.

The capacity of these valves to enable process control over temperature, pressure, and flow rate is expected to promote their demand in the global oil and gas sector. Furthermore, the use of these valves is expected to assist oil and gas industries by reducing the need for on-site employees to control and monitor various operations.

2013-2020 Christmas Tree Valves Market Outlook in Comparison to 2021-2027 Growth Forecast

The Christmas tree valves market is expected to register 3.8% CAGR between 2021 and 2027, up from 3.4% CAGR recorded during 2013-2020.

In the early days, Christmas tree valves were mainly used in newly drilled gas and oil wells where there was insufficient pressure for the natural flow. But, the lack of natural flow gradually compelled operators to utilize artificial lift systems instead of these valves.

However, from 2018, they started becoming more popular in the oil and gas industry owing to the increasing demand for crude oil across the globe. At the same time, the rapid technological advancements in this field resulted in the higher adoption of Christmas tree valves among oil and gas companies.

The ability of these valves to serve a large number of purposes, such as providing electrical interfaces for control systems, relieving pressure, monitoring safety equipment, and injecting chemicals, is expected to spur the growth in this market.

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Further, the rising engagement of producers in partnerships and collaborations with sales and distributor companies to develop novel manufacturing units, especially in emerging economies, is projected to contribute to this growth.

Crude Oil Exploration a Primary Contributor to Christmas Tree Valves Market Growth

The rising number of exploration activities and high investments in the crude oil sector across the globe are expected to emerge as chief growth multipliers for the market. Christmas tree valves provide numerous benefits, such as controlling the injection of gas on non-producing or producing wells and preventing blockages, which, in turn, would drive their demand worldwide.

In addition, various key players operating in different parts of the world are likely to broaden their presence and bag novel contracts to initiate new oil and gas exploration projects in the upcoming years.

For instance, in January 2022, United Energy, Enap Sipetrol, INA Naftaplin, Energean Egypt, Apex International, BP, and Eni were awarded with eight oil and gas exploration concession areas by Egypt in the Gulf of Suez, Western Desert, and Mediterranean.

Such industry developments are likely to affect the demand for Christmas tree valves positively in the near future.

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Country-wise Insights

How is the U.S. Christmas Tree Valves Market Progressing?

The rising production and exploration activities are likely to accelerate the growth in the U.S. Christmas tree valves market during the assessment period. As per FMI, the North America market is set to account for 45.2% of the share in 2022.

The U.S. has the second-largest tight oil reserves and one of the largest technically recoverable shale gas reserves in the world. In addition, the low breakeven prices and ongoing technological advancement in the field of hydraulic fracturing are set to boost the upstream gas and oil activities in the onshore area, thereby driving the demand for Christmas tree valves.

Moreover, the implementation of various norms by the government of this country is expected to bolster the market. In January 2018, for instance, the Trump Administration unveiled a new proposal to lease 98% of the U.S. waters to various oil and gas companies for offshore drilling. The introduction of such innovative plans by the government is likely to support the market over the forthcoming years.

Offshore Oil and Gas Production Propels the U.K. Christmas Tree Valves Market

The increasing adoption of advanced technologies for the recovery of reserves from deep water, heavy crude oil, and high pressure, high temperature (HPHT) fields is anticipated to fuel the growth in the U.K. The Europe Christmas tree valves market is likely to generate approximately 22.8% of the share in 2022, predicts FMI.

As per the Extractive Industries Transparency Initiative (EITI), the total oil and gas production surged by about 20% from 2014 to 2019 and the country’s oil and gas sector is dominated by the production from offshore areas. This showcases that offshore production and exploration activities in the U.K. is projected to grow in the near future, thereby expanding the opportunities in this market.

Which are Primary Drivers of China Christmas Tree Valves Market?

The surging demand for natural gas and numerous upcoming gas pipelines are likely to propel the growth in China in the near future. According to FMI, China Christmas tree valves market is predicted to account for around 24.2% of the share in 2022.

Additionally, the country is planning to slash its high dependence on gas imports by accelerating domestic projects, such as shale fields as its energy supply security. The government is also set to provide funds to encourage domestic production, especially from unconventional sources.

As per the Energy Information Administration (EIA), the Chinese State Council had set a target of 19.4 billion cubic feet per day in September 2018 for domestic natural gas production in 2020. Also, the country’s government launched a subsidiary program in June 2019 that is scheduled to be in effect by 2023. This program would establish new incentives for the production of natural gas from tight formations. These initiatives and targets unveiled by the regulatory body are anticipated to play a significant role in the country’s growth.

Category-wise Insights

Why Are Automatic Christmas Tree Valves in High Demand?

Based on type, the automatic segment was estimated to account for about 80% of the global Christmas tree valves market share in 2021, finds FMI. The increasing deployment of automatic valves in onshore and offshore applications is likely to drive the growth of this segment.

Further, the ability of these valves to provide process control over the temperature, pressure, and flow rate, is set to drive their demand in the oil and gas industry worldwide. Additionally, the usage of these valves are anticipated to benefit the oil and gas companies by eliminating the cost of operators required on sites for adjusting and monitoring various processes.

Which is the Leading Application of Christmas Tree Valves?

In terms of application, the onshore segment is projected to procure the largest Christmas tree valves market revenue share in the upcoming years. As compared to the offshore sector, onshore is set to gain more benefits from the surging crude oil prices.

The increasing number of onshore oil and gas activities in various countries, such as Indonesia, Argentina, India, and Columbia, is likely to push the growth of this segment. It is mainly happening because of the rising government initiatives to augment domestic production, as well as recent changes in regulations.

According to the International Energy Agency (IEA), in 2020, the value of fossil fuel consumption subsidies went down to USD 180 billion globally. Out of this, subsidies to oil products remained the largest single component and held USD 90 billion, followed by fossil fuels used to produce electricity (USD 50 billion), and natural gas (USD 35 billion). This trend is likely to continue in the near future, thereby propelling the segment’s growth.

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Competition Landscape

The Christmas tree valves market is a mix of international and domestic key players that are engaging in stiff competition. They are investing huge sums in research and development activities to come up with novel processes and mechanisms for improving the quality of their products. Meanwhile, some of the other players are focusing on bagging new contracts from renowned organizations to deliver their in-house products, as well as resume work on incomplete oil projects.

For instance,

  • In December 2021, OneSubsea, a Schlumberger company headquartered in the U.S., delivered its first Wet Christmas Tree for the Mero 2 project. The company had received a contract from Mero, according to which, OneSubsea will be involved in the supply of major equipment for subsea production systems. Also, it will intervene, commission, and install services for the second phase of the field’s development.
  • In November 2021, Helix Energy Solutions Group Inc., an  oil and gas services company based in the U.S., announced that it will start working on a five-well complete abandonment project in late 2022 in the offshore Tui field. The company has received the contract to begin work from New Zealand’s Ministry of Business, Innovation, and Employment (MBIE). As per the contract, Helix will utilize its Q7000 and 10K Intervention Riser System (IRS) for this project. By using the Q7000, the company will be able to recover Christmas trees and wellheads. The project is likely to be complete in 60 days.

Scope Of Report

Attribute

Details

Forecast Period

2013-2020

Historical Data Available for

2021-2027

Market Analysis

Units for Volume and US$ Bn for Value

Key Regions Covered

North America, Latin America, Europe, China, Asia Pacific excluding China, and the Middle East and Africa.

Key Countries Covered

United States, Canada, Brazil, Mexico, Germany, UK, France, Italy, Spain, Nordic, Russia, Poland, China, India, Thailand, Indonesia, Australia and New Zealand, Japan, GCC countries, North Africa, South Africa, others.

Key Market Segments Covered

Type, Application, and Region

Key Companies Profiled

Pricing

Available upon Request

Christmas Tree Valves Market By Category

Type:

  • Manual
  • Automatic

Application:

  • Onshore
  • Offshore

Region:

  • North America
  • Europe
  • Latin America
  • Asia Pacific excluding China
  • China
  • Middle East and Africa

Frequently Asked Questions

The global Christmas tree valves market is expected to reach a valuation of US$ 3.5 Bn in 2027.

The global Christmas tree valves market grew at a healthy 3.4% CAGR between 2013 and 2020.

The increasing oil and gas exploration activities and rising investments in crude oil are the key trends boosting the sales of Christmas tree valves.

Schlumberger Limited, TechnipFMC Plc, Aker Solutions, Dril-Quip, Inc., General Electric (Baker Hughes), Worldwide Oilfield Machine, Stream-Flo Industries Ltd, National Oilwell Varco, Kingsa Industries, and The Weir Group PLC are some of the leading players present in the global Christmas tree valves market.

The Christmas tree valves market in North America is anticipated to account for 45.2% of the share in 2022.

The China Christmas tree valves market is projected to account for 24.2% of the share in the forecast period.

Table of Content

1. Global Christmas Tree Valves Market - Executive Summary

2. Global Christmas Tree Valves Market Overview

    2.1. Introduction

        2.1.1. Global Christmas Tree Valves Market Taxonomy

        2.1.2. Global Christmas Tree Valves Market Definition

    2.2. Wheel of Fortune

    2.3. Global Christmas Tree Valves Market Size (US$ Mn & Volume) and Forecast, 2013-2027

        2.3.1. Global Christmas Tree Valves Market Y-o-Y Growth

    2.4. Global Christmas Tree Valves Market Dynamics

    2.5. Value Chain

    2.6. Cost Structure

    2.7. Pricing Analysis

    2.8. Key Participants Market Presence (Intensity Map) By Region

    2.9. Macro-economic Factors

3. Global Christmas Tree Valves Market Analysis and Forecast 2013-2027

    3.1. Global Christmas Tree Valves Market Size and Forecast By Type, 2013-2027

        3.1.1. Manual Market Size and Forecast, 2013-2027

            3.1.1.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.1.2. Market Share Comparison, By Region

            3.1.1.3. Y-o-Y growth Comparison, By Region

        3.1.2. Automatic Market Size and Forecast, 2013-2027

            3.1.2.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.2.2. Market Share Comparison, By Region

            3.1.2.3. Y-o-Y growth Comparison, By Region

    3.2. Global Christmas Tree Valves Market Size and Forecast By Application, 2013-2027

        3.2.1. Onshore Market Size and Forecast, 2013-2027

            3.2.1.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.2.1.2. Market Share Comparison, By Region

            3.2.1.3. Y-o-Y growth Comparison, By Region

        3.2.2. Offshore Market Size and Forecast, 2013-2027

            3.2.2.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.2.2.2. Market Share Comparison, By Region

            3.2.2.3. Y-o-Y growth Comparison, By Region

4. North America Christmas Tree Valves Market Size and Forecast, 2013-2027

    4.1. Revenue (US$ Mn) & Volume Comparison, By Country

    4.2. Revenue (US$ Mn) & Volume Comparison, By Type

    4.3. Revenue (US$ Mn) & Volume Comparison, By Application

5. Latin America Christmas Tree Valves Market Size and Forecast, 2013-2027

    5.1. Revenue (US$ Mn) & Volume Comparison, By Country

    5.2. Revenue (US$ Mn) & Volume Comparison, By Type

    5.3. Revenue (US$ Mn) & Volume Comparison, By Application

6. Europe Christmas Tree Valves Market Size and Forecast, 2013-2027

    6.1. Revenue (US$ Mn) & Volume Comparison, By Country

    6.2. Revenue (US$ Mn) & Volume Comparison, By Type

    6.3. Revenue (US$ Mn) & Volume Comparison, By Application

7. China Christmas Tree Valves Market Size and Forecast, 2013-2027

    7.1. Revenue (US$ Mn) & Volume Comparison, By Country

    7.2. Revenue (US$ Mn) & Volume Comparison, By Type

    7.3. Revenue (US$ Mn) & Volume Comparison, By Application

8. APEC Christmas Tree Valves Market Size and Forecast, 2013-2027

    8.1. Revenue (US$ Mn) & Volume Comparison, By Country

    8.2. Revenue (US$ Mn) & Volume Comparison, By Type

    8.3. Revenue (US$ Mn) & Volume Comparison, By Application

9. MEA Christmas Tree Valves Market Size and Forecast, 2013-2027

    9.1. Revenue (US$ Mn) & Volume Comparison, By Country

    9.2. Revenue (US$ Mn) & Volume Comparison, By Type

    9.3. Revenue (US$ Mn) & Volume Comparison, By Application

10. Market Structure Analysis

11. Competition Dashboard

12. Company Profiles – Global Christmas Tree Valves Market

    12.1. Baker Hughes Inc.

    12.2. The Weir Group PLC

    12.3. Schlumberger Limited

    12.4. TechnipFMC Plc

    12.5. National Oilwell Varco, Inc.

    12.6. Aker Solutions ASA

    12.7. Dril-Quip, Inc.

    12.8. Kingsa Industries

    12.9. Stream-Flo Industries Ltd

    12.10. Worldwide Oilfield Machine

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List of Tables

Table 01: Global Christmas Tree Valves Market Value (US$ Mn) & Volume, 2013-2020

Table 02: Global Christmas Tree Valves Market Value (US$ Mn) & Volume, 2021-2027

Table 03: Global Christmas Tree Valves Market Value (US$ Mn) & Volume and Y-o-Y, 2020-2027

Table 04: Global Manual Valves Segment Value (US$ Mn) & Volume, By Region 2013-2020

Table 05: Global Manual Valves Segment Value (US$ Mn) & Volume, By Region 2021-2027

Table 06: Global Manual Valves Segment Market Share, By Region 2013-2020

Table 07: Global Manual Valves Segment Market Share, By Region 2021-2027

Table 08: Global Manual Valves Segment Y-o-Y, By Region 2020-2027

Table 09: Global Automatic Valves Segment Value (US$ Mn) & Volume, By Region 2013-2020

Table 10: Global Automatic Valves Segment Value (US$ Mn) & Volume, By Region 2021-2027

Table 11: Global Automatic Valves Segment Market Share, By Region 2013-2020

Table 12: Global Automatic Valves Segment Market Share, By Region 2021-2027

Table 13: Global Automatic Valves Segment Y-o-Y, By Region 2020-2027

Table 14: Global Onshore Segment Value (US$ Mn) & Volume, By Region 2013-2020

Table 15: Global Onshore Segment Value (US$ Mn) & Volume, By Region 2021-2027

Table 16: Global Onshore Segment Market Share, By Region 2013-2020

Table 17: Global Onshore Segment Market Share, By Region 2021-2027

Table 18: Global Onshore Segment Y-o-Y, By Region 2020-2027

Table 19: Global Offshore Segment Value (US$ Mn) & Volume, By Region 2013-2020

Table 20: Global Offshore Segment Value (US$ Mn) & Volume, By Region 2021-2027

Table 21: Global Offshore Segment Market Share, By Region 2013-2020

Table 22: Global Offshore Segment Market Share, By Region 2021-2027

Table 23: Global Offshore Segment Y-o-Y, By Region 2020-2027

Table 24: North America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2013-2020

Table 25: North America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2021-2027

Table 26: North America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2013-2020

Table 27: North America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2021-2027

Table 28: North America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2013-2020

Table 29: North America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2021-2027

Table 30: Latin America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2013-2020

Table 31: Latin America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2021-2027

Table 32: Latin America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2013-2020

Table 33: Latin America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2021-2027

Table 34: Latin America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2013-2020

Table 35: Latin America Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2021-2027

Table 36: Europe Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2013-2020

Table 37: Europe Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2021-2027

Table 38: Europe Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2013-2020

Table 39: Europe Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2021-2027

Table 40:GEurope Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2013-2020

Table 41: Europe Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2021-2027

Table 42: China Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2013-2020

Table 43: China Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2021-2027

Table 44: China Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2013-2020

Table 45: China Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2021-2027

Table 46: China Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2013-2020

Table 47: China Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2021-2027

Table 48: APEC Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2013-2020

Table 49: APEC Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2021-2027

Table 50: APEC Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2013-2020

Table 51: APEC Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2021-2027

Table 52: APEC Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2013-2020

Table 53: APEC Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2021-2027

Table 54: MEA Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2013-2020

Table 55: MEA Christmas Tree Valves Market Value (US$ Mn) & Volume, By Country 2021-2027

Table 56: MEA Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2013-2020

Table 57: MEA Christmas Tree Valves Market Value (US$ Mn) & Volume, By Type 2021-2027

Table 58: MEA Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2013-2020

Table 59: MEA Christmas Tree Valves Market Value (US$ Mn) & Volume, By Application 2021-2027

Sneha Verghese
Principal Consultant
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List of Charts

Figure 1: Global Christmas Tree Valves Market Value (US$ Mn), 2013-2020

Figure 2: Global Christmas Tree Valves Market Value (US$ Mn) Forecast, 2021-2027

Figure 3: Global Christmas Tree Valves Market Value (US$ Mn) and Y-o-Y, 2020-2027

Figure 4: Global Manual Valves Segment Market Value (US$ Mn) By Region, 2013-2020

Figure 5: Global Manual Valves Segment Market Value (US$ Mn) By Region, 2021-2027

Figure 6: Global Manual Valves Segment Y-o-Y Growth Rate, By Region, 2020-2027

Figure 7: Global Automatic Valves Segment Market Value (US$ Mn) By Region, 2013-2020

Figure 8: Global Automatic Valves Segment Market Value (US$ Mn) By Region, 2021-2027

Figure 9: Global Automatic Valves Segment Y-o-Y Growth Rate, By Region, 2020-2027

Figure 10: Global Onshore Segment Market Value (US$ Mn) By Region, 2013-2020

Figure 11: Global Onshore Segment Market Value (US$ Mn) By Region, 2021-2027

Figure 12: Global Onshore Segment Y-o-Y Growth Rate, By Region, 2020-2027

Figure 13: Global Offshore Segment Market Value (US$ Mn) By Region, 2013-2020

Figure 14: Global Offshore Segment Market Value (US$ Mn) By Region, 2021-2027

Figure 15: Global Offshore Segment Y-o-Y Growth Rate, By Region, 2020-2027

Figure 16: North America Christmas Tree Valves Market Value (US$ Mn), By Country 2013-2020

Figure 17: North America Christmas Tree Valves Market Value (US$ Mn), By Country 2021-2027

Figure 18: North America Christmas Tree Valves Market Value (US$ Mn), By Type 2013-2020

Figure 19: North America Christmas Tree Valves Market Value (US$ Mn), By Type 2021-2027

Figure 20: North America Christmas Tree Valves Market Value (US$ Mn), By Application 2013-2020

Figure 21: North America Christmas Tree Valves Market Value (US$ Mn), By Application 2021-2027

Figure 22: Latin America Christmas Tree Valves Market Value (US$ Mn), By Country 2013-2020

Figure 23: Latin America Christmas Tree Valves Market Value (US$ Mn), By Country 2021-2027

Figure 24: Latin America Christmas Tree Valves Market Value (US$ Mn), By Type 2013-2020

Figure 25: Latin America Christmas Tree Valves Market Value (US$ Mn), By Type 2021-2027

Figure 26: Latin America Christmas Tree Valves Market Value (US$ Mn), By Application 2013-2020

Figure 27: Latin America Christmas Tree Valves Market Value (US$ Mn), By Application 2021-2027

Figure 28: Europe Christmas Tree Valves Market Value (US$ Mn), By Country 2013-2020

Figure 29: Europe Christmas Tree Valves Market Value (US$ Mn), By Country 2021-2027

Figure 30: Europe Christmas Tree Valves Market Value (US$ Mn), By Type 2013-2020

Figure 31: Europe Christmas Tree Valves Market Value (US$ Mn), By Type 2021-2027

Figure 32: Europe Christmas Tree Valves Market Value (US$ Mn), By Application 2013-2020

Figure 33: Europe Christmas Tree Valves Market Value (US$ Mn), By Application 2021-2027

Figure 34: China Christmas Tree Valves Market Value (US$ Mn), By Country 2013-2020

Figure 35: China Christmas Tree Valves Market Value (US$ Mn), By Country 2021-2027

Figure 36: China Christmas Tree Valves Market Value (US$ Mn), By Type 2013-2020

Figure 37: China Christmas Tree Valves Market Value (US$ Mn), By Type 2021-2027

Figure 38: China Christmas Tree Valves Market Value (US$ Mn), By 2013-2020

Figure 39: China Christmas Tree Valves Market Value (US$ Mn), By Application 2021-2027

Figure 40: APEC Christmas Tree Valves Market Value (US$ Mn), By Country 2013-2020

Figure 41: APEC Christmas Tree Valves Market Value (US$ Mn), By Country 2021-2027

Figure 42: APEC Christmas Tree Valves Market Value (US$ Mn), By Type 2013-2020

Figure 43: APEC Christmas Tree Valves Market Value (US$ Mn), By Type 2021-2027

Figure 44: APEC Christmas Tree Valves Market Value (US$ Mn), By Application 2013-2020

Figure 45: APEC Christmas Tree Valves Market Value (US$ Mn), By Application 2021-2027

Figure 46: MEA Christmas Tree Valves Market Value (US$ Mn), By Country 2013-2020

Figure 47: MEA Christmas Tree Valves Market Value (US$ Mn), By Country 2021-2027

Figure 48: MEA Christmas Tree Valves Market Value (US$ Mn), By Type 2013-2020

Figure 49: MEA Christmas Tree Valves Market Value (US$ Mn), By Type 2021-2027

Figure 50: MEA Christmas Tree Valves Market Value (US$ Mn), By Application 2013-2020

Figure 51: MEA Christmas Tree Valves Market Value (US$ Mn), By Application 2021-2027

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