European Taps & Valves Industry: 2016 Statistics
According to 2016 statistics, the European taps and valves production value represents more than €11.27bn. However, it should be noted that the production value slightly decreased compared to 2015.
The European taps and valves industry is divided in 3 branches:
- Industrial valves (€4.01bn production value)
- Sanitary taps and valves (€6.31bn production value)
- Building valves (€954mln production value)
The top EU manufacturing countries in the taps and valves sector remain Italy, Germany, the United Kingdom and France.