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.