According to Market Research Reports Search Engine (MRRSE) recent findings, the market for control valves is primarily driven by factors such as increasing investment in the oil and gas industry and the increasing number of pipeline installations.
Also, in order to meet the increasing demand of processed foods from emerging markets like Brazil, India and China, the food processing industry is challenged with the task of producing their products faster than ever before. This results in the growing demand for control valves to ensure efficient food processing and control processing environments.
The demand for control valves is also expected to be high in the pharmaceutical industry, as various pharmaceutical companies are investing in sophisticated fluid handling systems in order to speed up the manufacturing process.