July 2018

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Valves Outlook

Although overall industry growth is not substantial from 2017 to 2018, it translates to $66 MM more in valve shipments for the year, which is a positive sign for the industry.

William S. Sandler, Valve Manufacturers Association

The US industrial valve sector is expected to see growth of 1.45% in valve shipments in 2018, a rate that would bring the value of those shipments up to $4.615 B for the year, according to the Valve Manufacturers Association’s (VMA’s) “2018 Market Forecast of Industrial Valve Shipments.” That rate of growth is slightly behind 2017 (1.89%), which translated to shipments worth $4.549 B.  “The increasing tailwinds in capital spending should create growth opportunities for valve manufacturers, not only domestically, but also abroad,” said Mark Nahorski, President of PBM Inc. and Chairman of the VMA. “One of those areas is the refining and petrochemical industry, where existing facilities are be

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