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Newstrail
Newstrail
According to IMARC Group’s latest report, titled “Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global industrial valves market is expected to grow at a CAGR of 7.6% during 2021-2026. Industrial valves are mechanical devices used to regulate the flow and pressure of liquids, gases, and slurries in a piping system. The major components of valves are body (or enclosure), bonnet, actuator, valve member and seat. Industrial valves assist in stopping the flow rate through the pipe whenever required, prevent flow return to the pressur…