According to speakers at a recent Valve Manufacturers Association (VMA) Market Outlook Workshop held in August in San Diego, we should expect mixed results in 2020 for various industries.
The process controls sector expects to remain vulnerable due to economic uncertainties.
Valve demand in the oil & gas industry is expected to be muted.
In petrochemicals, low oil and natural gas prices mean that industry observers are less optimistic about the near future.
Click here to read a detailed overview on the speakers and their thoughts on these and other related sectors.