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Forecasting Valve Purchases by each Major Owner

Most valves are purchased by large multi-plant companies. It is more important to predict the purchases by these companies than it is to forecast purchases by country. These forecasts are included in N028 Industrial Valves: World Market.

Sixteen companies home based in France and Germany each spend more than $50 million per year for valves. Five spend over $100 million per year.

The steel industry is a good example of both offshore ownership and centralized purchasing. The world steel industry will spend over $1.7 billion this year for valves, parts, and service. In the case of ArcelorMittal, the majority ownership is by an Indian individual but the decisions regarding valve purchases may be made in Luxembourg which is the company headquarters. ArcelorMittal is a major valve purchaser. Its valve purchases for steel and mining applications are just under $100 million per year of which $84 million is for steel applications.

For more information click on N028 Industrial Valves: World Market or contact Bob McIlvaine at This email address is being protected from spambots. You need JavaScript enabled to view it. 847 84 0012 ext. 122.