Taps & Valves : global market values and economic trends

According to data presented on 10 May 2022 by Oxford Economics at the CEIR General Assembly, the global industrial valve market expanded 8% in 2021 to reach nearly €70 billion, above its level prior to the pandemic. Oxford Economics expects solid market growth this year as well, though the spectre of high inflation and continuing supply chain pressures brings significant downside risks for Europe.

CLICK HERE for te full press release, with a statement by our newly elected President, Nurdan Yücel.