Valve Market - Increasing Demand for Butterfly Valve and Globevalve Across Various Industries
The global valves market earns a dominant share in revenues owing to applications across manufacturing and oil and gas industries. These sectors have either been hit drastically or have seen sizeable slowdown in the past few years. In the oil and gas industry, especially, most valve applications in the oil and gas industry presently are replacements of previously installed valves. The scenario has had a significant impact on the market's development lately. However, applications across the food and beverages and...
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