Industrial expansion largely drives market for Control Valves in Asian. Firstly the industrial expansion brings the need of improving energy management, comply with standards enforcement, reduce costs, and streamline production, which boost the demand of control valves. Despite the global turmoil,  Asia's shipments of control valves remains a double-digit growth in 2012 according to a recent ARC Advisory Group market study. Though economic growth has suffered a slowdown due to weakening external demand in coutries such as China and India, domestic demand remains strong.
 

ARC's latest study, "Control Valves for Asia Market Research Study" by Ritika Agrawal, G. Ganapathiraman, and David Clayton, provides an in-depth analysis of the control valves business in Asia. In addition to market analysis and forecasts, the study covers the current market nuances, strategic issues, and future outlook. The report also underlines the factors that influence the control valves market in Asia and its dynamics. 
 

"Continued growth in process industries in Asia such as chemicals, oil & gas, power generation, and refining, all which make extensive use of large, expensive control valves to help automate processes and ensure safety, provides the impetus for the growth of the control valves market in the region."G. Ganapathiraman, Country Manager, ARC Advisory Group India said.
 

Attracted not only  by the the local demand for control valves, but also by the advantage that countries offer the availability of design, engineering capabilities, world-class casting and forging facilities in Asia, Global valve suppliers are also relocating production to the region. Developing economies continue to be the primary growth engine for the global control valve marketplace. The BRIC (Brazil, Russia, India, and China) countries and the Middle East will continue to prop up the market with increased consumer demand from the growing middle class, a healthy lending environment for pital investments that project solid returns, and the need to produce energy and reduce environmental impacts.