HP Impact: Control valve market realizes gains from HPI project upgrades
The worldwide control valve market, which totaled almost $3 billion in 2002, will reach almost $3.5 billion by the end of 2007, expanding at a cumulative annual growth rate of over 3%. ..
The worldwide control valve market, which totaled
almost $3 billion in 2002, will reach almost $3.5 billion by
the end of 2007, expanding at a cumulative annual growth rate
of over 3%. So says a new study by the ARC Advisory Group
(www.arcweb.com).
Although global uncertainties and slack market
conditions continue to pull down sales, "the long-term
business prospects for control valves look reasonably
bright," according to this analysis.
The power and oil and gas industries are witnessing
new investments, renovation, and modernization activities.
"With global oil crude prices and refining margins perking
up, this trend
Log in to view this article.
Not Yet A Subscriber? Here are Your Options.
1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.
2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $409 for an annual subscription*.
3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription. For information about group rates or multi-year terms, contact email Peter Ramsay or call +44 20 3409 2240*.
*Access will be granted the next business day.
From the Archive