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Global industrial valves market growing

10.01.2010  |  Thinnes, Billy,  Hydrocarbon Processing Staff, Houston, TX

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The world market for industrial valves will grow from $44 billion this year to $52 billion in 2015. This is according to a recent forecast by the McIlvaine Co. The biggest growth will be in power and wastewater in East Asia. The West Asian market will grow by 50% during this period. The market in Western Europe will only grow by 6% during the period.

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