Valve Manufacturing in the US
Over the past five years, the Valve Manufacturing industry exhibited growth due to the integral nature of valves in many upstream markets' production processes. For most of the five-year period, strengthening economic conditions have boosted demand for these markets' products, which, in turn, boosted demand for valves. However, industry operators have faced rapidly deteriorating operating conditions during the past two years, driven by rising import penetration, much weaker demand from the energy sector and decelerating growth in demand from other industrial markets. Although revenue is expected to grow over the next five years, intensifying competition from imports and lulling demand from key markets is expected to hinder performance.
Operators in this industry manufacture a variety of industrial and fluid power (e.g. hydraulic and pneumatic) valves, hose fittings and the associated trimming made from metal. This industry also includes miscellaneous and general-purpose flow control devices composed of metal, such as faucets, flash valves and showerheads.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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