India industrial valves market is expected to register substantial growth at a CAGR of 13% during 2015-2020. Growing demand for industrial valve...

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India industrial valves market is expected to register substantial growth at a CAGR of 13% during 2015-2020. Growing demand for industrial valves in power and oil & gas processing sector have been driving the sales of industrial valves in the country. Indian government is also investing significantly in the country’s oil and gas pipeline infrastructure development, which is expected to drive the installation of valves over the forecast period. The market is also moving towards significant consolidation on account of rising merger and acquisition activities in the country. In addition to robust growth opportunities, industrial valves market is also facing various challenges such as volatility in raw material prices and dependence on imports for large-size choke valves. Some of the major players engaged in offering industrial valves in the Indian market are L&T Valves Limited, NSSL Limited, Microfinish Valves Pvt. Ltd., CRI Valves and Kirloskar Brothers Limited. To know more, Read TechSci Research report - "India Industrial Valves Market Forecast & Opportunities, 2020" on http://www.techsciresearch.com/3242 OR Contact me at kalpana.verma@techsciresearch.com