international pump valve technical information report analyzed the main reason for the growth and various regions, industry growth prospects.

according to the report, the market in the next five years the main growth driver for the rising demand for electricity and chemical industry. The developed economies industrial growth will slow to drag on global development of the market.

dominated by oil and gas industry's growth in 2017, given the global oil and gas industry within the scope of activities increased, during the reporting period, the industry will keep growing rising demand for automotive Industrial Valves, the valve market is expected to bring new opportunities.

Asia Pacific will be the world's fastest growing market, especially China and India will become the main consumer economy.

main market trend

the increasing demand of the power industry. In the power industry, valves are used for various occasions, such as boiler start-up, feed water pump recirculation, steam and steam turbine by-pass adjustment.

in the condensed water system Industrial Valves used to control and regulate fluid recycling condensation water pump required additional traffic. In addition, the valve is also used to control the water level of deaerator water heater.

the potable water system in electric power industry, recycle valve used in boiler feed pump. At this point, the valve plays a key rev - Closed and the flow control function.

in the mainstream system, valves are used in the superheater, turbine bypass, superheater bypass, etc. Regulator is used to control the pressure.

in December 2017, the United States has 61 nuclear power plants, 99 nuclear reactors in operation. The government also plans to build more new reactor, in order to improve nuclear generation. Is expected in 2021, the United States will have four new nuclear power plant put into operation

in addition, the U. S. government also strive to improve nationwide capacity, power plants, it also promoted the demand for cooling water treatment chemicals. The above factors will boost demand for the valve of the electric power industry.

Asia Pacific market dominance

in 2017, Asia accounted for major global market share. As economies such as China, India and Japan to the increase of oil and gas industry investment activity and rising demand for water treatment, industrial valves in the area of use is also growing.

the high consumption of industrial valve oil, natural gas industry, and the downstream industry production is on the rise, which will further improve the production capacity of petrochemical products, thus stimulating the consumption of industrial valves.

chemical plant is another important industry in China. Many large companies in the industry in China has its own chemical plant. These companies to improve the production capacity, thus increased the consumption of industrial valves. According to different industry water treatment facilities is also another important industry in China.

due to the increase in passenger car sales, liquefied petroleum gas as alternative to cooking fuel, the improvement of urbanization level and the rise in demand for infrastructure and consumer goods, stimulated the demand of the fuel, thus promotes the increase of refining capacity.

the above factors and the government's support, in the reporting period, the Asia Pacific region growing consumer demand for industrial valves.

main enterprise

the global market is highly fragmented industry valve, the top 10 participants accounted for 15% of total market share. Major companies including schlumberger co. , LTD. ( Before Mr Cameron international) , Emerson electric, fox company, IMI PLC and Crane, and alfa laval, honeywell, saint-gobain, will group, the vision, shield Ann, etc.

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