The Valve Manufacturing generally industry fared well over the five years to 2014 as several key markets, including the petroleum refining, chemical manufacturing and construction sectors, exhibited steady demand for its products. Poor economic performance from 2009 to 2011 forced most manufacturing and industrial operators to cut production volumes or postpone replacement of aging or broken valve-integrated equipment, but industry operators recovered quickly as the economy rebounded. Intensifying competition from foreign companies working under less regulation and with lower labor costs, however, will pose a threat to the industry in the coming five years. In response, companies will continue developing specialized, higher margin valves that are less vulnerable to competition from generic imports.
Companies in this industry manufacture a variety of industrial and fluid power valves, hose fittings and the associated trimmings. This industry also includes additional metal and plastic plumbing fixtures such as faucets, flash valves and showerheads.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.