US industrial valve demand will reach $15.2 billion in 2013, supported in part by ongoing development of better performing, advanced valves. Process manufacturing and utilities will remain dominant markets while construction grows the fastest. Standard valves will outpace automatic types as buyers opt for less costly valves that can be upgraded later.
This study analyzes the US industrial valve industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by primary valve material, valve type (e.g., application-specific, multiturn, quarterturn, safety and relief, control, regulator, actuators) and valve market (e.g., process manufacturing, utilities, resource extraction, construction).
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 38 industry players, including Tyco, Emerson Electric and SPX.