Global Drinking Water Valve Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Drinking Water Valve Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Drinking Water Valve market finds that the global Drinking Water Valve market reached a value of USD 4170.12 million in 2022. It’s expected that the market will achieve USD 5623.0 million by 2028, exhibiting a CAGR of 5.11% during the forecast period.

Influence of COVID-19 Outbreak on Drinking Water Valve Industry Development

The global impact of coronavirus disease (COVID-19) in 2019 will officially start in 2020 and will also affect the industrial drinking water valve market in recent months. At present, the spread of COVID-19 is spreading further.
First of all, in the short term, the major consumer and producer countries in the world, such as China, the United States, and Europe, have all fallen into a quagmire. The severity of COVID-19 affects the normal production of enterprises as well as consumption and import and export between countries. Sales of drinking water valves are expected to decline in 2020 in the short term. At the same time, under the influence of the new coronary pneumonia (COVID-19), cross-border logistics services and flights around the world have been affected to a certain extent, so transportation has become a major problem. Secondly, in the long run, when the epidemic is under control, as production returns to normal, downstream demand will gradually pick up, and the drinking water valve market will usher in a strong rebound.

Region Overview:

From 2023-2028, China is estimated to witness robust growth prospects.

Company Overview:

Saint Gobain is one of the major players operating in the Drinking Water Valve market, holding a share of 2.37% in 2023.

Saint Gobain

Saint-Gobain designs, manufactures and distributes materials. These materials can be found everywhere in living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications.

Hawle

Hawley's success story began in 1948 with an idea for a revolutionary pipe connection for drinking water pipelines. Based in Vöcklabruck, the Hawle Austria Group is now a manufacturer and distributor of top-quality heavy-duty valves. These products have been manufactured for generations and are used all over the world from the source right through to the connection in the house.

Segmentation Overview:

By type, Gate valve segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Drinking Water Valve market covered in Chapter 3:

KLINGER
Honeywell
KITZ
Flowserve
Hawle
IMI
Saint Gobain
KSB
TALIS
AVK

In Chapter 4 and Chapter 14.2, on the basis of types, the Drinking Water Valve market from 2018 to 2029 is primarily split into:

Gate valve
Butterfly valve
Ball valve

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Drinking Water Valve market from 2018 to 2029 covers:

Industrial
Residential
Commercial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)