VALVE MARKET REPORT

Author:     Published time:2017-03-07 07:22     Reading times:437    

According to a report by Transparency Market Research, the valve market will be worth $9.61 billion by 2021, up from $5.20 billion in 2014, representing a compound annual growth rate of 9.5 percent between 2015 and 2021.

 

Environmental regulations for quality control and revenue calculations in the petrochemicals and refining industries of valves use is aiding the growth of the market, the research firm said.

 

Transparency Market Research also expects growing demand for waste water infrastructure to create opportunities in the market.Valves will be used in waste water market.

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