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Global Flow Control Valve Market Projected To Worth USD 5.71 Billion By 2020

A flow control valve regulates the flow or pressure of a fluid. Control valves normally respond to signals generated by independent devices such as flow meters or temperature gauges.
Over the years, with a rise in automation in the process industry, the demand for flow control valve is expected to grow tremendously to be able to support this growth. According to a brand new research, the global Flow Control Valve market is projected to worth USD 5.71 billion by 2020, at a CAGR of 6.4% over 2016-2020.
Geographically, since the flow control valves are mostly used in process plant, the Asia Pacific has the largest quantity of process plants around the world, developing countries such as India and China are fueling the growth of the process industry; hence, the growing investment in these markets is boosting the overall Flow Control Valve market. According to the report, the Asia Pacific is expected to grow at the highest CAGR of 6.9% for the forecast period.
China will be the largest market, as the Chinese industrial sector has gained experience, the country is currently looking to reform its manufacturing abilities away from lower-end production; an initiative that drives industrial production towards automated processes and advances in quality of production. The resulting technological advancements of these end-user markets prompt the substitution of inferior control valves with smarter products that reach global production standards.
Base on the application, process plants consist of hundreds, or even thousands, of control loops all networked together to produce a product to be offered for sale. Each of these control loops is designed to keep some important process variable such as pressure, flow, level, temperature, etc. within a required operating range to ensure the quality of the end product. 
Global top flow control valve manufacturers are Bürkert Fluid Control Systems, Cameron International Corporation , Crane Co., Dual Products Intl. Cc, Emerson Process Management, Flowserve Corporation, General Electric Company, Imi Plc, Metso Oyj, Azbil Automatic Control Engineering, Chongqing Chuanyi Control Valve, Jiangsu Shentong Valve among others.
Global Flow Control Valve market share by region as following:

Read Full Report:  http://www.gosreports.com/global-flow-control-valve-market-research-report-2017/
Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
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Joanna | Executive - International Business and partner Relations
E-mail: [email protected] 
Tel: 001-510-400-8520
Web: www.gosreports.com