/PRNewswire/ The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around.
(MENAFN - Comserve) Shibuya-ku, Tokyo, Japan, Japan, Feb 19, 2021, 08:15 /Comserve / Players profiled in this report are Emerson Electric Co. (US), Flowserve Corporation (US), CameronâSchlumberger Ltd.(US), Crane Co.(US), IMI Plc.(Finland) , Kitz Corporation (Japan)
Increasing demand for ball valves from the oil & gas and energy & power industries drives market growth. The ball valves market is expected to grow at a CAGR of 3.75 % from 2019 to 2024, to reach USD 15.2 billion by 2024 from USD 12.6 billion in 2019. Need for ball valve replacement, growth in energy consumption, increasing industrialization, urbanization, and smart city initiatives across the globe are among the key driving factors for the ball valves market. Integration of IIoT-enabled ball valves to avoid unexpected downtime, use of 3D printers in manufacturing lines, increase in the number of refineries, and petrochemicals and chemicals plants worldwide are fueling the growth of the ball valves market. Ho
Ball Valves Market Is Expected To Grow At A CAGR Of 3 75 %, To Reach USD 15 2 Billion By 2024 From USD 12 6 menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.