Demand for industrial valves in China will rise 11.5 percent annually through 2011, driven by rapid growth in process manufacturing and in public utilities and other construction activity. Standard valves will remain the largest segment while automatic valves grow the fastest. Steel and steel alloys will remain the dominant valve material.
This study analyzes the ¥45.8 billion market for industrial valves. It presents historical demand data for the years 1996, 2001 and 2006, and forecasts for 2011 and 2016 by valve type (e.g., multiturn, quarterturn, safety and relief, actuators, gas cylinder, control, regulator), market (e.g., process manufacturing, utilities, resource extraction, construction) and region.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry players including Emerson Electric, Danfoss and Neway.