Tag: market outlook
Russia-Ukraine Conflict and China’s Zero-COVID Policy Prolong Supply Chain Woes
The Russia-Ukraine conflict has exacerbated logistical disruptions caused by the rapid spread of Omicron variants from late 2021. China’s zero-COVID strategy to fight against the pandemic have extended the shortage of raw materials in the global market.
Valve Opportunities in an Evolving Power Generation Market
Power generation is a major market for valves, accounting for 13% of global industrial valve sales. As the world continues to build electric generating capacity, it is also accelerating toward a lower-carbon economy, with the power sector playing a significant role in successfully achieving that objective. This article reviews the trends in the global power market and considers their impact on future valve sales. By Matjaž Matošec – Research Manager, Resolute Research