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 Locations Chapter
Businesses in the industry tend to operate near customer bases and key suppliers. Historical factors can also influence the location of a valve manufacturing facility. For instance, local government may have awarded grants to help fund the set up of a factory or the founder may have placed the company in the region where they lived. A number of the manufacturers in this industry have roots going back over 50 years.
Enterprises are distributed across all regions of the United Kingdom. The major regions are estimated to be North West (accounting for 15.6% of all enterprises), Yorkshire (13.3%) and West Midlands (13.3%). The North West is home to the United Kingdom's largest manufacturing sector with strengths in chemicals the nuclear energy market, among other areas... purchase to read more