Global Water And Wastewater Valve Market Size study & Forecast, by Type (Gate, Ball, Butterfly, Globe, Others) By Material (Cast Iron, Steel, Alloy Based, Others) By End User Industry (Oil and Gas, Chemical, Power Generation, Others) and Regional Analysis, 2023-2030
Global Water And Wastewater Valve Market is valued approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. Water And Wastewater Valve are specialized devices designed to control the flow, pressure, and direction of water in various applications within water supply and wastewater management systems. These valves play a crucial role in ensuring the efficient and reliable operation of water treatment plants, distribution networks, and sewage systems. The Water And Wastewater Valve market is expanding because of factors such as growing demand for wastewater treatment and increasing rate of urbanization. As a result, the demand of Water And Wastewater Valve has progressively increased in the international market during the forecast period 2023-2030.
Governments and environmental agencies globally are imposing stricter regulations on wastewater discharge and treatment standards. Compliance with these regulations requires advanced and reliable valve systems to ensure proper control and management of wastewater. Industries and municipalities invest in high-quality valves to meet these standards and avoid penalties for non-compliance. According to the Statista, the global water and wastewater treatment market was valued at USD 301.7 billion in 2022 and projected to reach a up to USD 536.4 billion by the year 2030. Another important factor drives the Water And Wastewater Valve market is increasing rate of urbanization. Urbanization results in increased wastewater generation due to higher population density and industrial activities. Wastewater valves are essential for managing and controlling the flow of wastewater through treatment plants and sewage systems. The proper functioning of these valves is critical to prevent overflows, leaks, and environmental contamination. In addition, as per Statista, the global urbanization rate was 57% in 2022. North America has the highest amount of urbanization, with more than four fifths of the population living in cities. Moreover, rising investments for extraction of oil & gas and technological advancements associated to water and wastewater valves is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, high initial cost of water and wastewater valve and potential chances of leak and valve failure is going to impede overall market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Water And Wastewater Valve Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the increasing population and growing rate of industrialization in the region. Urban areas experience substantial growth due to population migration from rural to urban regions. This expansion demands the development and improvement of water and wastewater infrastructure, driving the need for valves in constructing and maintaining water supply and sewage systems. The region’s dominant performance is anticipated to propel the overall demand of Water And Wastewater Valve. Furthermore, North America is expected to grow fastest during the forecast period, owing to factors such as rising demand for wastewater treatment in the region.
Major market player included in this report are:AVK Holding A/S
Anything Flows LLC
Avcon Controls Pvt. Ltd
Böhmer Zerspanungstechnik GmbH & Co. KG
Davis Valve Inc
EG Valves Manufacturing Co., Ltd
Emerson Electric Co.
Flow Control Technologies
Flowserve Corp.
FluidChem Valves (I) Pvt Ltd
Recent Developments in the Market: In November 2021, Rusco, a water filtration company, has launched a new ball valve controlled via an app. The Smart Ball Valve is easily compatible with Apple and Android smartphones, allowing for programme automation and simplifying two major functions: sediment flushing and flow shut-off. The product is suitable for home filtration, well water, commercial, and municipal uses, and made be available in both Wi-Fi and Zigbee models to ensure maximum access to the technology.
Global Water And Wastewater Valve Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Material, End User Industry, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Type
Gate
Ball
Butterfly
Globe
Others
By Material
Cast Iron
Steel
Alloy Based
Others
By End User Industry
Oil and Gas
Chemical
Power Generation
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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