ASIAN VALVE MARKET TO REACH $31Billions BY 2019

Author:     Published time:2016-10-10 16:50     Reading times:294    

ASIAN VALVE MARKET TO REACH $31Billions BY 2019

The industrial valve market in Asia will grow by $5 billion to reach more than $30 billion by 2019. The control valve market will grow by 21 percent and the on/off segment by 20 percent.

Valve Revenues  ($ Millions)


   Classification    20152019
   Control67
   On/Off1923
   Total25
30




 




Even it is slowdown in China but growth will still be enviable compared to other countries. Coal gasification and liquefaction is promising to boost valve revenues substantially in China and will also impact South Korea and India.

Coal-fired power will show the greatest growth percentage in India, but many Asian countries have ambitious coal-fired generator programs. Steel, pulp and chemicals are all growth markets, they need many kinds valve products.

Steady growth will continue in municipal water and waste water industry, the cast iron gate valve, butterfly valve, check valve and this kinds valve products were requested .

By 2019, China will be treating 30,000 MGD with secondary waste water treatment ranking it second in the world behind the U.S. and with nearly three times the capacity of Japan.

Asian Secondary Wastewater Treatment Capacity in 2019 (MGD)

 

   Country   Secondary Capacity (MGD) Country   Secondary Capacity (MGD)
   Australia1560   South Korea5619
   China30144   Taiwan2279
   Hong Kong629   Thailand477
   Indonesia78   Vietnam33
   Japan11489   Other East    Asia1
   Malaysia48   Bangladesh94
   New Zealand476   India3583
   Philippines289   Myanmar1
   Singapore748   Pakistan19


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