Research Snappy
  • Market Research Forum
  • Investment Research
  • Consumer Research
  • More
    • Advertising Research
    • Healthcare Research
    • Data Analysis
    • Top Companies
    • Latest News
No Result
View All Result
Research Snappy
No Result
View All Result

XHVAL Offers Different Industrial Valves, as the Valve Market is Expected to Reach $101 Billion by 2020 – Press Release

researchsnappy by researchsnappy
January 10, 2020
in Healthcare Research
0
XHVAL Offers Different Industrial Valves, as the Valve Market is Expected to Reach $101 Billion by 2020 – Press Release
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter



WENZHOU, China – January 9, 2020 – (Newswire.com)

​​The global market for industrial valves is anticipated to skyrocket to $100 billion by 2020, according to an intelligence firm, Beroe, Inc. The significant rise in sales is due to developing regions, such as Africa and the Middle East, investing more in power plants, sewage treatment, and water supply facilities. This is why, XHVAL, a China-based valve manufacturing company, is committed to providing its clients with different industrial valves.

Important Findings

  • The oil and gas industry was a major player in the valve market in 2017. Due to the increasing demand for oil and gas across the globe, this industry is expected to grow even more.

  • The preference for automatic valves will have a significant rise in the coming years.

  • Asia-Pacific regions continue to play an important role, with India and China as the largest manufacturers and consumers.

Major Trends for the Valve Market

Industrial valves in the power industry are used in an array of applications. These include feed pumps, steam conditioning, and boiler startups among others. In the United States alone, at least 61 nuclear plants were working commercially by December 2017. Because of this, the U.S. government is eyeing the installation of several new nuclear reactors to increase power generation.

In 2017, Asia-Pacific was leading the global valve market. This is because of the growing need for oil and gas, as well as water treatment in giant countries, such as Japan, China, and India.

Moreover, the chemical industry is expanding in China. The country has up its production capabilities, which increased the demand for valves.

There is also the increasing demand for fuel as the sales for vehicles and LPG continues to go up. This prompted the increase of oil refineries, where valves also play key roles.

With the increasing demand for industrial valves, there is also the challenge of finding a good valve manufacturer. Even though there are many, valve manufacturers are pressured more than ever. 

Aside from the competition, expenses and other resources are becoming more difficult. They have to ensure the quality and, at the same time, meet the specific requirements of clients. This is why XHVAL and other prominent industrial valve manufacturers are focused on supplying high-quality valves to keep up with the demand. 

About XHVAL

Founded in 1986, XHVAL is a valve manufacturer in China made of highly skilled engineers and employees. The company supplies different types of valves, including globe, check, ball, gate, and butterfly valves. XHVAL also offers customization services to ensure that the needs of its clients are met.

For more information on the industrial valves XHVAL offers, the company can be reached through the following details:

Telephone No.:+86 577 5768 9696

Fax:+86 577 5768 7959

Email:[email protected]

Press Release Service
by
Newswire.com

Original Source:

XHVAL Offers Different Industrial Valves, as the Valve Market is Expected to Reach $101 Billion by 2020

Previous Post

Patient Safety Culture and Associated Factors Among Health Care Provid

Next Post

[Funding alert] Venture Catalysts backs open innovation platform IncubateHub

Next Post
[Funding alert] Venture Catalysts backs open innovation platform IncubateHub

[Funding alert] Venture Catalysts backs open innovation platform IncubateHub

Research Snappy

Category

  • Advertising Research
  • Consumer Research
  • Data Analysis
  • Healthcare Research
  • Investment Research
  • News

Pa. Republicans reconsider Pitt funding over fetal tissue research, college voucher program

Arthur Pharma Closes Series A Financing Round

YouTube and the Achilles Tendon: An Analysis of Internet Information Reliability and Content Quality

  • Privacy Policy
  • Terms of Use
  • Antispam
  • DMCA
  • Contact Us

© 2022 researchsnappy.com

No Result
View All Result
  • Market Research Forum
  • Investment Research
  • Consumer Research
  • More
    • Advertising Research
    • Healthcare Research
    • Data Analysis
    • Top Companies
    • Latest News

© 2022 researchsnappy.com