- By 2019, the global industrial valves market is expected to surpass $70 billion, with a growth rate of 5.4% CAGR from 2014 (Source: Global compressor market 2016-2020, Technavio).
- Industry of pumps, compressors, taps and valves set to see 11.1% CAGR over 2014-2020, mainly in relation to expected increase in automotive production .
- Based on the report “Indonesia Water Purifiers Market Forecast & Opportunities, 2020”, published TechSci Research, Indonesia’s water purifiers market is forecast to grow at a CAGR of over 5.7 percent over the years 2015-2020.