Water Treatment Chemicals and Technology Market Water Treatment Chemicals and Technology Market | Page 4
Valves and Controls segment generated a revenue of
$60 billion in 2016
Valves are high-tech equipment that moves the water
through the numerous treatment processes. Different valves
serve different functions and are specified for installation
depending upon the volume, environment and purity
requirements for the water. The market segment held nearly
57% of the global market share in 2016 and is expected to
grow at a CAGR 3.1% during the forecast period.
Environmental Legislations play a key role in determining
the
market's
performance
and
future
growth.