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Global demand for valves is forecast to expand 3.9% p.a. between 2015 and 2019. Currently, oleohydraulic and pneumatic transmissions valves account for 45.6% of the global demand while the remaining market share is divided between relief and safety valves (21.4%), pressure-reducing valves (17.2%) and check valves (15.9%).

China, Japan, Lithuania, Morocco and the United States are considered the highest potential markets in the coming years. China, Czech Republic, Germany, Japan and the United States represent the largest valve markets while the strongest annual growth is forecast to occur in the Morocco (18.1%), Lithuania (13.3%), United States (11.8%), Ecuador (9.4%) and Philippines (7.2%).

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Reports dispatched immediately by email after your purchase