Industry Analysis & Industry Trends
Most people do not realise that valves play a crucial role in the modern economy. Everyday uses include taps, valves in dishwashers, air conditioners and gas ovens. The big uses for valves are in the oil, gas, chemical processing, manufacturing, energy and water industries. The United Kingdom accounts for a relatively small percentage of global valve market, but has a significant role in some segments. International trade has a significant influence on industry performance as exports account for a major share of revenue, while imports satisfy a large share of domestic demand. However, the value of imports and exports are artificially inflated by re-exports.
The UK operations of tap and valve manufacturers are expected to generate revenue of £1.2... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry displays a low level of concentration due to the diverse range of products it manufactures. It is estimated that in 2013-14, the industry's four largest firms will account for about 23.8% of industry revenue. Concentration within the industry has increased in recent years, following the acquisition of smaller players by international players and industry exits. However, industry concentration varies considerably according to product line.
Globally, the industry is fragmented with the four largest manufacturers of industrial valves accounting for less than 20.0% of the global market... purchase to read more