Ball Valve Market Forecast to 2025
The Ball Valve Market accounted for US$ 10.38 Bn in 2016 and is expected to grow at a CAGR of 2.44% during the forecast period 2017 – 2025, to account for US$ 12.89 Bn in 2025.
The oil and gas industry will see decent growth in valve demand, with increasing offshore and shale exploration activities which will boost sales of ball valves in the market. Among the countries that will record healthy growth in oil and gas sector are Canada, Brazil, Nigeria, and the US refining companies. The companies located in these regions are likely to continue to enhance their crude processing capacity by upgrading existing facilities and building greenfield refineries.
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#ball_valve #manufacturing #construction
The Ball Valve Market accounted for US$ 10.38 Bn in 2016 and is expected to grow at a CAGR of 2.44% during the forecast period 2017 – 2025, to account for US$ 12.89 Bn in 2025.
The oil and gas industry will see decent growth in valve demand, with increasing offshore and shale exploration activities which will boost sales of ball valves in the market. Among the countries that will record healthy growth in oil and gas sector are Canada, Brazil, Nigeria, and the US refining companies. The companies located in these regions are likely to continue to enhance their crude processing capacity by upgrading existing facilities and building greenfield refineries.
Get a Sample Copy of Report, Click Here: https://www.theinsightpartners.com/sample/TIPTE100000555?utm_source=Article&utm_medium=10740
#ball_valve #manufacturing #construction
Ball Valve Market Forecast to 2025
The Ball Valve Market accounted for US$ 10.38 Bn in 2016 and is expected to grow at a CAGR of 2.44% during the forecast period 2017 – 2025, to account for US$ 12.89 Bn in 2025.
The oil and gas industry will see decent growth in valve demand, with increasing offshore and shale exploration activities which will boost sales of ball valves in the market. Among the countries that will record healthy growth in oil and gas sector are Canada, Brazil, Nigeria, and the US refining companies. The companies located in these regions are likely to continue to enhance their crude processing capacity by upgrading existing facilities and building greenfield refineries.
Get a Sample Copy of Report, Click Here: https://www.theinsightpartners.com/sample/TIPTE100000555?utm_source=Article&utm_medium=10740
#ball_valve #manufacturing #construction
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