Global Pneumatic Pressure Regulating Valve Market Worth $ 1.91 Billion by 2019

Date: 2016-09-12

Pneumatic pressure regulating valve is a kind of Regulating valves are used in control air pressures in applications where precise and dependable regulation is required, such as pneumatic instrument circuits, test stands, production checking fixtures, and industrial air gauges. Pneumatic pressure regulating valve includes straight trip regulating valve and angular travel valve on the base of classification, which represent 53% and 47% of global pneumatic pressure regulating valve market. 

Petrochemical, Power and Metallurgical industry are the main application of pneumatic pressure regulating valve product and Asia is the largest pneumatic pressure regulating valve market on production and consumption.

Global pneumatic pressure regulating valve market is projected to reach $ 1.91 Billion by 2019, with a GAGR of 2.5% from 2015, and Asia will have a big dynamic momentum on the market growth. The major players in the global pneumatic pressure regulating valve market are Azbil, Wuzhong, Johnsoncontrols, Honeywell, Belimo, Danfoss, Siemens etc..


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Joanna | Executive – International Business and partner Relations
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