THE TRENDS FOR INDUSTRIAL VALVE MARKETS IN FUTURE
Industrial valves are used to regulate the liquids, gases, and slurries. Based on the type, function, component, size and utilization Industrial Valve Markets have been split up. These industrial valves wield wide usage in the refinery, chemical, pharmaceutical, water and wastewater treatment, food and beverage, power, oil & gas sectors around the world. During 2015-2020 the market for industrial valves registered a moderate growth with estimated USD 48 billion in the year 2020 and it is expected to reach USD 85 billion by 2025. In 2017 wide range of companies have brought innovative use of their products involving industrial valves by resorting to internet. Consequently, the increasing requirement of industrial valves has seen a phenomenal growth of late and anticipated huge rise in future too. Utility of Industrial valves in various industries are, POWER AND ENERGY INDUSTRIES: Heavy power plants employ different category of industrial valves and usage there of being seen in the