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THE VALVE MARKET DEVELOPMENTS IN THE FLOW CONTROL INDUSTRY
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Published time:2017-03-28 10:33
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THE REPORT POINTS OUT THAT THE VALVE MANUFACTURERS ASSOCIATION PREDICTS THAT SHIPMENTS FOR U.S. INDUSTRIAL VALVES WILL INCREASE BY 3 PERCENT TO AROUND $4.3 BILLION, WHICH CONTINUES AN UPWARD TREND FOR THE MARKET SINCE 2009.
THE OIL & GAS INDUSTRYS ARE THE LARGEST USER OF VALVES, ACCOUNTING FOR 29.9 PERCENT OF U.S. .
THE VALVE STOCK INDEX WAS UP 29 PERCENT OVER THE LAST 12 MONTHS, WHILE THE BROADER S&P 500 INDEX WAS UP 29.6 PERCENT, THE REPORT WAS SAID.
JORDAN, KNAUFF & COMPANY’S LATEST UPDATE SHOWS THAT THE JKC PUMP STOCK INDEX ROSE 38.6 PERCENT OVER THE LAST 12 MONTHS, WHILE THE S&P 500 INDEX WAS UP 29.6 PERCENT.
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