nuclear valve News
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Market for Nuclear Valves to Exceed $2.4 Billion in 2017
East Asian purchases of valves for nuclear power plants will boost the market for valves in the nuclear industry to over $2.4 billion by 2017. This is the conclusion in Nuclear Power Plant Valve Forecast and Analysis published by the McIlvaine Company. In 2017 China and other East Asian nuclear valve purchasers will spend $755 million. This represents over 30 percent of the anticipated total ...
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Three Largest Valve Companies have only 5.2 Percent of the Asian Valve Market
The three largest valve companies (Pentair, Emerson and Flowserve) have captured 10 percent of the world industrial valve market but have only a 5.2 percent share of the Asian market. This is the conclusion reached in Industrial Valves: World Markets published by the McIlvaine Company www.mcilvainecompany.com. The total world market last year was over $53 billion. Asia accounted for 42 percent ...
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Energy needs will drive the industrial valve market over $100 billion in revenues by 2030
The demand for industrial valves will expand from its present level of just under $50 billion/yr to over $100 billion/yr by 2030. The main driver will be the energy needs of the developing countries. Energy already accounts for over 40 percent of valve demand. Power, refining, and oil and gas are all going to expand at a rate faster than average GDP during the next two decades. These are the ...
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Power Plant Valve Market Shifting to Asia
A number of factors are causing major shifts in power plant valve purchases. These changes are being continually evaluated in N028 Industrial Valves: World Market. The market for valves in the power industry is being shaped by: Increasing need for energy in developing countries Changes in fuel availability and price Regulations which impact the valve expenditures per unit of electricity ...
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