Tag: prediction

In 2018 purchases of industrial valves will exceed $64 billion. Most of these purchases will be made or influenced by 2000 companies and just 20,000 people (1). Two hundred companies will purchase 20 percent of the total. Several large company purchases will exceed $500 million each. The top 20 companies will account for 7 percent of the total. Written by Robert McIlvaine of The McIlvaine Company.

Industrial valve sales will be $68.4 billion in 2015 according to the latest forecasts in N028 Industrial Valves: World Market published by the McIlvaine Company. The McIlvaine Company forecasts are displayed in constant 2010 dollars.

Marketsandmarkets has just published a new report that predicts that the industrial valve market could be worth $70 billion by 2019. The report called, “Industrial Valves Market by Type (Ball, Globe, Butterfly and Others) by Application (Oil & gas, Chemical, Municipal, Power and Other) and by Region (North America, Latin America, Middle East and Africa, Asia-Pacific and Europe) – Global Trend & Forecast to 2019” defines and segments the industrial valves market with analysis and forecasts of market size for the global industrial valves market.