New ARC Advisory Group research on the Control Valves market in China reveals that in 2017, China’s control valves market experienced double digit growth over 2016. ARC feels there will be opportunities for healthy growth over the next five years. Besides a considerable number of MEGA Capex projects from major process industries’ coming online, ARC expects improving gross margin performance from diverse industry verticals, to reduce the financial pressure on process manufacturers.
“Globe valves, ball valves, and butterfly valves are the top three applications by valve type. Butterfly valves will experience the strongest growth over the forecast period. The wave of ‘Industrial IOT, digitization’ investment will drive positioner growth to outpace the other control valve components through 2022.” according to Rex Sun, Analyst at ARC Advisory Group China and key author of ARC’s Control Valves Market Research for China report.
About the China Control Valves Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year regional forecasts for the control valves market in China. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, component type, and valve body type.
This new research is available as a Concise Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.