Increasing U.S. Chemical Industry Activity Provides Abundant Opportunities
Attachment: U.S. Ethylene Industry, July 2014, U.S. Pipes, Valves & Fittings Forecast
SUGAR LAND--July 22, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Driven in large part by the increased abundance of inexpensive natural gas, U.S. industrial project spending is expected to continue an upward trend in the coming years, which will obviously translate into increased sales of services, equipment and supplies, including pipes, valves and fitting (PVF) components. According to Industrial Info's Pipes, Valves & Fittings Market Assessment, one of the largest annual increases in anticipated PVF spending is occurring in calendar years 2013 and 2014, when overall PVF spending across the 12 industries covered by Industrial Info is expected to increase by more than $1.1 billion.
Within this article: Description of how the shale gas boom is driving downstream chemical investments.
