COVID-19 Economic Impact Report: Global Industrial Valves
The global industrial valves industry is facing a number of challenges as it deals with the impact of the COVID-19 pandemic. How has the macroeconomic environment changed and what does it mean for the global industrial valves going forward?
COVID-19 Economic Impact Report: Global Industrial Valves looks at how the expected impact of the pandemic on the current macroeconomic environment compares to other major events since 2000, including the bursting of technology bubble, the SARS outbreak, the 2009 global downturn, and the European financial crisis. It also provides a historical view of global industry sales since 2000, a look at how the industry is being currently impacted, and estimates for global industry sales through 2023.
These products were considered:
- standard multiturn valves (gate and globe valves, check valves, and pinch and diaphragm valves)
- standard quarterturn valves (also known as rotary valves), including ball valves, butterfly valves, and plug valves (or plug cocks)
- other standard – i.e., manually operated – valve products, including:
- nuclear valves, which encompass hand-operated quarterturn, gate, globe, and check valves constructed of stainless steel or high alloy steel; various parts; a small percentage of automatic nuclear control valves and actuators
- plumbing, heating, and cooling valves, which include a wide range of specialized designs, among the most common of which are antiscald (or water mixing) bath and shower valves, and flush valves and flushometers
- safety, relief, and combined safety-relief valves
- steam traps (also called steam pressure reduction units), including mechanical (including open top and inverted bucket traps, and float-and-lever traps); thermostatic; and thermodynamic (for example, disc and impulse traps) types
- waterworks valves, including fire hydrants
- miscellaneous valve designs, and separately sold manual valve actuators, bodies, and parts
- automatic control valves, automatic regulator valves, and separately sold automatic valve actuators
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