Global demand for industrial valves is forecast to increase 4.4 percent annually through 2011, driven by healthy indicator growth in developing countries and a shift toward more expensive automated valves and actuators in advanced nations. The fastest market gains will occur in China, Indonesia, Thailand, Malaysia and India.

This study analyzes the $62.6 billion global industrial valve industry, with forecasts for 2011 and 2016 by valve product (e.g., standard multiturn, conventional quarterturn, automatic control, automatic regulator, automatic actuators); world region (e.g., Asia/Pacific, Western Europe, North America); and for 34 countries.