Global Instrumentation Needle Valve Market Worth $ 4.92 Million by 2019

Date: 2016-09-11

Instrumentation needle valve, instrument measuring pipeline system is an important part of the main shut-off valve and ball valve, mainly used for open or cut off the pipeline pathway used. Instrumentation needle valve includes low pressure valve and high-pressure valve on the base of classification, which represent 38% and 47% of global instrumentation needle valve market. 

Chemical industry and power plant industry are the main application of instrumentation needle valve product and Asia is the largest instrumentation needle valve market on production and consumption.

Global instrumentation needle valve market is projected to reach $ 4.92 Million by 2019, with a GAGR of 6.8% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global instrumentation needle valve market are NEWAY, ZSHFM, ZHC-LOK, SUOYUAN, Hitachi, KITZ etc.


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Joanna | Executive – International Business and partner Relations
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