The Growth of Industrial Valves in the Marketplace

industrial valves

In the next five years, the growth of the industrial valve market will increase by several percentage points. The oil and gas sectors are going to be responsible for the biggest market for growth. By the year 2019, it is estimated that the global valve market will grow to be over $70 billion.

What are Industrial Valves?

These are devices that control and regulate the flow of substances through industrial piping systems. They control or stop gas, oil, and other fluids. They also help direct the movement of the fluid and can control when that flow starts as well as when it stops.

These devices are used mostly in the oil and gas industries, but they are also frequently employed in power, chemical and mining industries, too. The types of valves used in these sectors include ball valves, globe and butterfly type valves.

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Why is the Market Growing?

The increased demand across the globe for oil, gas, chemicals and power are what are driving the growth. Markets are segmented based on industry and the type of applications in which the valves are used. Companies are boosting the growth of the market by developing and expanding products to add to the requests where the valves can be utilized. They are also growing as a result of the demand for the valves which keeps propelling this market forward.

Different regions in the world are enjoying different types of growth, too. In the Middle East, these devices are essential in the growing trend of turning the area into a refined product supplier instead of a raw goods supplier. In the production and refinement of these raw products, they will continue to use valves which will keep growth moving in the next five years.

Africa and Central America will also be expanding and increasing the demand for industrial valves. They are emerging as renewable and nuclear energy markets which will also further the growth in industrial valve use. In the United States, wastewater treatment plants used by many municipalities will also add to the demand.

Now is a good time to invest in these markets. They should be increasing in value over the next five years. Keep on top of the developments in the global industrial valve market by continuing to review all information you can obtain online about it. There are many segments within the primary market which are also poised for individual growth in the next few years.

It is Time to Invest in an Assisted Living Facility

It is clear that the Baby Boomer generation is getting into their golden years. The size of that aging generation means that the demand for assisted living in the coming years is bound to grow as it has already begun to do. It is the perfect time to invest in this growing demand by investigating the possibilities of creating your assisted living facility or buying into a franchise.

Real estate investors are already eyeing senior living apartments or condominiums as a significant rental income investment. If you are not sure about owning an actual facility, this may be the route for you to take. You can take a look at all the real estate offerings in your area, or an area that is of particular interest to you.

If you decide to invest in real estate for seniors, an urban area might be equally as lucrative as a rural one. If you purchase a property in a rural area specifically geared towards older adults, then you will have the market share of rentals for that segment of the population. If you invest in urban areas, they are naturally more populated, and the need for more senior housing is greater anyway.

If you think that invest in an assisted living facility for elderly home care is more to your liking, know that owning one or franchising one is an excellent way to give back to the community. If you love the idea of helping people, owning an assisted living place is probably a great fit for you emotionally and economically.

If you own senior rental properties, you might be geared more towards investing in real estate in general. You will be doing a good thing by offering more housing suited to seniors, but if you want to have a feeling of giving back, owing an assisted living facility may be best.

Owning an assisted-living facility can help you give back because these are facilities where you will assist in ensuring seniors are getting the right every day medical care, household help, and meal plans. You can even oversee day-to-day activities like shopping sprees or host special events like day trips to casinos or any other place of interest in your area.

If you want to own the best of both worlds, you could buy apartment properties and convert them into special housing designed for seniors. Then, you are in charge of employing medical staff and so forth. There is no doubt that now is the time to invest in senior housing.