The global industrial valves market is on track for significant growth, with a projected valuation exceeding US$ 123.05 billion by 2034. This expansion is anticipated to occur at a steady Compound Annual Growth Rate (CAGR) of 4.2% from 2022. As of 2024, the market has already established a strong presence with an estimated value of approximately US$ …
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Demand for Industrial Valves Market , Growth And Vendor Insights by FMI
The global industrial valves market is estimated to be worth around US$ 71.8 Bn in 2022. With the rising adoption of industrial valves for regulating the flow of materials, the overall demand is anticipated to rise at a moderate CAGR of 4.3% between 2022 and 2029, totaling a valuation of US$ 96.2 Bn by 2029. Up from the revenues worth US$ 61 …
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Industrial Valves Market 2022 Outlook, Current and Future Industry Landscape Analysis 2029
Up from the revenues worth US$ 61 Bn registered in 2021, the global market for industrial valves is projected to witness modest growth by the end of 2022. A new market research report by Future Market Insights (FMI) suggests that the increasing exploration activities for new water sources will predominantly favor the growth of market over the …