Energy applications spur expansions in global valve demand

摘要

The world market for industrial valves will grow steadily to us 49 billion in 2009.This is up from us 43 billion in 2005,according to research from the McIlvaine Co.(www.mcilvainecompany.com). In the automatic regulation and control category,China is steadily narrowing the gap.But in 2009,that nation's demand is forecast to still be less than in the US.Japan will hold on to the third spot,with Russia taking the fourth position-based on its expanding role in oil and gas.