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Industrial Valve Sales Will Exceed $55 Billion Next Year

Sales of industrial valves and actuators will exceed $55 billion in 2013 according to the latest forecasts in Industrial Valves: World Markets published by the McIlvaine Company.

Energy applications will account for nearly 40% of the total revenues while municipal water and wastewater will account for 18%. The chemical industry will generate sales of over $6 billion. There will be a big market for valves for basic chemical applications in Asia whereas the U.S. and Europe markets will mostly be fine chemicals.

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Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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