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NEW YORK, Feb. 17, 2021 /PRNewswire/ The need for flexible material storing and stacking architectures with new safety features and resource efficiency for all industries is a vital factor driving the need for triple offset butterfly valves. The Industrial manufacturing sector has witnessed significant growth in recent years, which is estimated to persevere over the coming years. High usage of triple offset butterfly valves across oil & gas and chemical industries is giving impetus to market growth.
As per Persistence Market Research analysis, the global triple offset butterfly valves market is estimated to expand at a CAGR of more than 4% over the forecast period of 2021-2031.
Stainless Steel Triple Offset Butterfly Valves to Hold More than Half of Overall Market Share: Persistence Market Research prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.