Two of the largest industries purchasing valves are coal-fired power generation and oil & gas production. Due to the Chinese decision to manufacture large quantities of gas from coal, the combined market is going to exceed $20 billion by 2019. This is the latest forecast in McIlvaine Industrial Valves: World Market. Oil and gas valve revenues are forecast to grow by nearly $3 billion over the next five years to $12.7 billion in 2019. Click Here For Complete News Release Text
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