Metal Valve Manufacturing Global Market Report 2018

Metal Valve Manufacturing Global Market Report 2018
Starting Price : $ 4000.00 | Pages : 125 | Published : February 2018

SKU CODE : 3424 | Format :

Metal Valve Manufacturing Market industry comprises of the manufacturing of metal valves which are used to control the flow of fluids, gases, liquids and other related fixtures and fittings. This industry also comprises in manufacturing hydraulic and pneumatic pipe and tube assemblies. The most common type of standardized valves includes linear motion, rotary, self-actuated and control valves.

The global metal valve manufacturing market was valued at $60.1 billion in 2017.  Asia Pacific was the largest geographic region accounting for $33.7 billion or 50.1% of the global market. China was the largest country accounting for $18.3 billion or 30.4% of the global metal valve manufacturing market.

Companies in this market have moved towards metal additive manufacturing due to increased consumer demand for lightweight, faster, and fuel-efficient automobiles that in turn drive the market for metal valves. There is a growing demand in countries such as Germany, Japan, China and India. Increased investments towards metal additive manufacturing technology has led to process improvements and fall in production costs
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