Tag: market report

The global industrial valves market is set to reach USD $92.3 billion by 2026. During the COVID-19 crisis, the global market for Industrial Valves estimated at USD $73.2 Billion in the year 2020, is projected to reach a revised size of USD $92.3 Billion by 2026, growing at a CAGR of 3.9% over the analysis period.

The U.S. market for ultrapure water (UPW) valves has changed substantially over the years. In the 2000 to 2010 period coal fired power was still an application which required more ultrapure water valves than all the other power sources combined.

The U.S. market for ultrapure water (UPW) valves has changed substantially over the years. In the 2000 to 2010 period coal fired power was still an application which required more ultrapure water valves than all the other power sources combined.

The program being instituted by the Biden Administration will have the net affect of benefitting the valve industry.[1] There are a number of very positive initiatives and the negative initiatives will have less impact than one might think.

The market outlook is generally positive for the U.S. Unlike Europe most people will soon be vaccinated and business will return to normal. Some industries offer higher growth than others.

Valve use in cleanrooms is rising during the pandemic in large part because of activities in the semiconductor and pharmaceutical industries.

Valves are used in processes which have been selected based on life quality choices. For example people in a community may choose seawater desalination rather than 100% reuse of municipal wastewater as a drinking water source.

COVID-19 is impacting certain valve markets more severely than others. Water and wastewater will be gaining market share over the next few years.

The market for valves for the U.S. power industry is being impacted by both the Coronavirus and wildfires. Due to the pandemic valve industry personnel are not able to communicate in person or attend power and valve exhibitions.

There has never been more difficulty in predicting the future of the valve industry in the U.S. The coronavirus has already claimed 100,000 lives.