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Press Release: UK Valves Market Development Report

Released: July 2010

After researching the UK valves market development and taking into account various other factors the following conclusions can be drawn from MBD's report:

Market Review 2006-2010:

In 2010, the value of the UK valves market is projected to decline by an estimated 12% to £589.6 million. This follows a significant 17% reduction in sales in 2009. This is attributable to the economic downturn having a negative effect on demand in a number of end use sectors of valves, most notably building and construction related sectors. Prior to this, year-on-year growth was recorded with annual growth rates peaking at 8% in 2007. Nonetheless, a cumulative 15% decline is expected between 2006 and 2010.

Market Forecast 2011-2015:

The UK market for valves is expected to decline by a moderate 1% to £583.4 million in 2011, reflecting the continuing economic uncertainties. However, between 2012 and 2015 the market is projected to increase year-on-year to reach an estimated £631.7 million in the latter year (at 2010 prices). This represents an overall increase of 8% compared with 2010. However it should be noted that any forecast of the valves market made in the current set of economic conditions inevitably carries a greater level of uncertainty than would typically be the case.

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MBD specialises in business to business market research. The range of reports and industries in which we operate in is constantly expanding (our portfolio comprises of more that 140 titles). All our reports are written by in-house market consultants.

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