The global gate valve market has undergone a remarkable transformation in recent years, and as we step into 2023, it continues its upward trajectory, poised to achieve a substantial revenue of US$14.8 billion. What’s even more exciting is the long-term outlook, with an estimated Compound Annual Growth Rate (CAGR) of 5.0% forecasted between 2023 and 2033. By …
Tag Archives: Gate Valve Market
Gate Valve Market Grows Strong: Projected to Reach US$ 24.3 Billion by 2033 with a 5.0% CAGR Surge
The global gate valve market has witnessed remarkable growth in recent years, with sales reaching an impressive US$12.9 billion in 2018. Looking ahead, the market is on a trajectory to achieve even greater success, with projected revenues of US$ 14.8 billion in 2023. However, what truly sets the industry apart is the forecasted growth over the assessment …