Major market trends for global industrial valves over the next five years
Since the valve can be used in various applications in the power industry, such as boiler start-up, feed pump recirculation, steam regulation and turbine bypass, the demand for valves in the power industry will increase significantly in the future.
The valves in the condensate system are used to control and regulate the additional flow required for the fluid recirculation condensate pump. In addition, the valve is also used to control the water level of the feedwater heater deaerator.
In drinking water systems in the power industry, valves are used for boiler feed water pump recirculation. At this point, the valve plays a key role in opening and closing and flow regulation.
In addition, in mainstream systems, valves are used for superheaters, turbine bypasses, superheater bypasses, and the like. The regulating valve is used to control the pressure.
In December 2017, 61 nuclear power plants and 99 nuclear reactors were put into operation in the United States. The government also plans to build more new reactors to increase nuclear power generation. It is estimated that in 2021, four new nuclear power plants will be put into operation in the United States.
In addition, the US government is also working to increase the capacity of power plants across the United States, which has also driven demand for cooling water treatment chemicals. All of the above factors will stimulate the demand for valves in the power industry.
