Global Control Valve Market Is Expected to Grow at a CAGR of 7.6% from 2017 to 2025
Control valves are used to control the flow, pressure, temperature, and liquid level in the process industries such as oil & gas, water management, chemicals, power generation, automotive, mining, pharmaceuticals, food & beverages, and many others. The valve is controlled by electric, pneumatic, and hydraulic actuators. Control valves play an important role in increasing efficiency, safety, and profitability of these process industries. Global control valve market is expected to grow at a CAGR of 7.6% from 2017 to 2025.
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