Growth is on The Rise in the Valve Industry
Growth is on The Rise in the Valve Industry
SUGAR LAND--January 17, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The global instrumentation valves and fittings market is expected to be worth $4.31 billion by 2022, according to ReportBuyer. This is a 4.6% growth rate during the forecast period. The growth is due to increased fracking and utilizing 1-inch to 6-inch brass or copper valves, expanding process instrumentation and automation and increased consumption. Industrial info is currently tracking seven valve manufacturing projects totaling $48.88 million in the United States.
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