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The industrial valves market in North America is expected to display moderate growth. The expected growth can be attributed to intense capital spending to overcome the electricity supply crisis (western United States), to increase the supply of natural gas and to upgrade and build new infrastructure in the three North American countries. Additionally, the oil and gas industry is anticipated to boost the demand for valves because several refineries and other processing and transportation facilities are likely to be upgraded through the forecast period. The largest Valves and Actuators market in the North American region is the United States followed by Canada and Mexico.
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