Tag: Valve market

The IEA estimates more than 7 trillion USD needed to be spent towards the hydrogen segment to achieve net zero emissions of greenhouse gases by 2050.

Smart valve systems are vulnerable to cyber threats, similar to most systems and technologies. Often in the valve industry, this threat is overlooked or brushed aside. However, it is important to consider ways to prevent this from occurring to a valve system.

After weeks of tension and military buildup near the Russia-Ukraine border, President Vladimir Putin made clear this was no bluff when he invaded Ukraine land, air, and sea. What is his goal? Are we watching the early stages of a conflict that can drag the world to WWIII? Read on to learn how the change in geopolitics might reverberate in the energy market, and consequently, in the valve market also.

In September of 1918, Philadelphia held a Liberty Loan parade - an event to boost bond selling and thus help the U.S. World War I effort.

Tariffs, the coronavirus, climate change, oil prices, the economy and other factors will all shape the valve market in the U.S.

The ARC Advisory Group recently released new research on the control valve market. Their research revealed that the global market bounced back in 2018 after three years.

The U.S. valve market will expand next year thanks to low cost oil and gas. Tariffs and a potential recession may provide a dampener, but the production of oil at less than USD$30/barrel and production of cheap natural gas and petrochemical feed stocks through hydraulic fracturing has made the U.S.

The valve market in the Americas can be viewed from the perspective of the sales or supply strategy. In NAFTA the purchase decision expenditures will exceed the consumption expenditures.

Suppliers and purchasers of valve products and services have the same basic questions but with different perspectives.

There is a sea change in the route to market for valves. One aspect is that IIoT and data analytics will be providing vast amounts of data on total cost of ownership (TCO). Current data will be available to the operator’s corporate specialists who increasingly will be making the major purchasing decisions. By Robert McIlvaine – The McIlvaine Company