North America Control Valve Market by End Use Forecast (2017-2025)

Year OIL & GAS ENERGY & POWER CHEMICALS FOOD & BEVERAGES WATER & WASTEWATER TREATMENT PULP & PAPER PHARMACEUTICAL END USE_OTHERS
2017 $ 426.0 $ 237.3 $ 191.0 $ 214.4 $ 144.5 $ 79.2 $ 132.4 $ 287.2
2018 $ 450.5 $ 250.4 $ 200.6 $ 225.6 $ 151.8 $ 83.1 $ 138.7 $ 303.0
2019 $ 476.5 $ 264.3 $ 210.6 $ 237.4 $ 159.5 $ 87.2 $ 145.3 $ 319.7
2020 $ 505.1 $ 279.6 $ 221.7 $ 250.4 $ 168.0 $ 91.7 $ 152.6 $ 338.1
2021 $ 536.4 $ 296.4 $ 233.8 $ 264.6 $ 177.3 $ 96.6 $ 160.5 $ 358.3
2022 $ 570.3 $ 314.4 $ 246.7 $ 279.9 $ 187.3 $ 101.9 $ 169.0 $ 379.9
2023 $ 608.9 $ 335.0 $ 261.6 $ 297.4 $ 198.7 $ 107.9 $ 178.8 $ 404.6
2024 $ 650.2 $ 357.0 $ 277.3 $ 315.9 $ 210.8 $ 114.3 $ 189.1 $ 431.0
2025 $ 694.4 $ 380.5 $ 294.1 $ 335.8 $ 223.7 $ 121.1 $ 200.1 $ 459.1
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North America Control Valve Market by End Use Forecast (2017-2025)

Synopsis
The above chart is Global Control Valve Market market [2017-2025] North America by End Use

Market Dynamics

oil and gas segment accounted for the largest market share in 2018, this market is expected to reach usd 694.40 million in 2025 from usd 450.50 million in 2018. this market is projected to grow at a cagr of 6.48% during the forecast period from 2019 - 2025. however, oil and gas segment is the fastest growing market, which is expected to grow at a cagr of 6.48% during the forecast period 2019 - 2025.

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