Oil Prices

East Asian purchases of valves for nuclear power plants will boost the market for valves in the nuclear industry to over $2.4 billion by 2017.In 2017 China and other East Asian nuclear valve purchasers will spend $755 million. This represents over 30 percent of the anticipated total purchases in 2017. Western Europe expenditures will exceed 20 percent of the 2017 total whereas NAFTA expenditures will be less than 15 percent.The average nuclear power plant utilizes more than 5,000 valves. Many different valve types are required. Sizes range from those handling a few liters per minute to those which control more than 100,000 gpm