Global control valves market to reach a positive CAGR by 2018 illuminated by new report

Feb 1, 2016

Growing investment in the oil and gas sector is set to boost the global control valves market in the ensuing years, as the industry commences its journey out of the adverse impacts of the global economic recession.

Surging demand for resources around the world, and increased investment across emerging economies such as India and China, would reinstate requirement of clear potable water supply, leading to enhanced hydrocarbon investment.   

The aforementioned factors coupled with increasing demand for power especially in African and sub-Saharan areas is likely to boost the global control valves market at a positive 6.02% CAGR between 2013 and 2018. The global control valve market is expected to reach US$10 billion by 2108, as against its market value of US$6.34 billion in 2012.

For the purpose of study, the report segments the control valves market into sliding stem control valves and rotating shaft control valves in terms of the product types. Browse Full Report With TOC:- The report presents a comprehensive overview of the global control valves market.

It includes information obtained from industrial sources such as financial records of leading players, historical contexts, prevalent market trends, and insights from industry experts. Based on information sourced through primary and secondary research methods, the report lays down the growth drivers and evaluates potential restraints and growth opportunities for the market.

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