Industrial valve sales will exceed USD$64.5 billion worldwide this year. In general, the market is growing at approximately 3-4 percent per year and in most countries is growing at 1 percent higher than GDP (Gross Domestic Products). Where GDP is growing at 2 percent, CFT (Combust, Flow and Treat Product) sales are growing at 3 percent. Where GDP is growing by 7 percent CFT sales are growing by 8 percent.
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