QYR Market Research Global Explosion Proof Solenoid Valves market | Page 5

QYResearch
For the applications of explosion proof solenoid valve,
products for Chemical industry, Petrochemical, Oil and gas
and Gas pipe network are the main market driven engine for
industry consumption volume. The demand of explosion
proof solenoid valve on Chemical industry accounts for more
than 30% of the market consumption volume. The global
Explosion Proof Solenoid Valves market is valued at 490
million US$ in 2017 and will reach 650 million US$ by the
end of 2025, growing at a CAGR of 3.5% during 2018-2025.
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https://www.qyresearch.com/index/detail/384671/global-
explosion-proof-solenoid-valves-market
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