Industry Perspective: Industrial Valve Manufacturing – January 2020

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InterOcean’s Industrial Valve Report offers current perspectives on the U.S. industrial valve manufacturing segment and the industries it serves.  Below are a few observations from the report:

  • The domestic industrial valve manufacturing segment is in the mature stage of its life cycle and is expected to grow at a modest 0.7% CAGR through 2024
  • Import pressure is significant, as U.S. manufactures struggle to compete on the basis of price
  • Focus on quality is driving U.S. manufacturers to devote resources to research and development and expanded M&A activity
  • The segment is widely fragmented and composed of large national and global corporations and hundreds of smaller players operating at the local level
  • We can expect to continue to see consolidation in the next two years

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