Research and Markets, a leading market research store, has announced the launch of their Rotork Market Research Portal. The new research portal can be used by anyone seeking company research on Rotork, which has multiple locations throughout the Americas, and their activities within the electric, pneumatic and hydraulic valve actuators and gearbox markets.
One such research report available on the portal, Global Industrial Valves in Oil and Gas Industry, says the oil and gas industry is one of the major end-users of industrial valves. The industry contributes a significant share in terms of the overall market revenue.
Owing to the criticality of processes carried out in the oil and gas sector and the need to transport fluids from one stage of the process to another, industrial valves find increased applications in this sector. The analysts forecast the global industrial valves market in oil and gas industry to grow at a CAGR of 5.69 percent during the period 2017-2021.