PFA Lined Valves Market Research Report Information by Valve Type (Ball Valves, Butterfly Valves, Ball Check Valves, Diaphragm Valves, Globe Valves, Plug Valves, Gate Valve), by Size (Less Than 1 Inch, 2 Inch To 6 Inches, 7 Inches To 12 Inches, More Than 12 Inches), by Pressure Rating (Low Pressure (Less Than 150 Psi), Medium Pressure (150 Psi To 600 Psi), High Pressure (More Than 600 Psi)), by End User Industry (Chemical, Pharmaceutical, Water Treatment, Oil & Gas, Power Generation, Food & Beverage, And Others), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) –Industry Forecast Till 2032
In 2023, the PFA Lined Valves market was estimated to be worth USD 1,703.5 million. According to projections, the global PFA Lined Valves market will expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2032, from USD 1,762.7 million to USD 2,498.4 million.
The market for PFA lined valves is being driven primarily by the increasing need for line valves that can tolerate high temperatures and pressures. Durable valves that can function well in harsh environments are becoming more and more necessary in a variety of industries, including chemical, water treatment, oil and gas, and pharmaceutical. Use of valves that can withstand such severe circumstances is crucial in these industries since they frequently deal with corrosive materials and procedures that involve high temperatures and pressures. Furthermore, PFA-lined valves offer outstanding chemical resistance, safeguarding the internal parts of the valve. These are essential parts for preserving the valves' lifetime and integrity as well as guaranteeing dependable and safe performance in demanding applications. Moreover, a key element propelling the use of PFA-lined valves is their capacity to withstand high pressure without sacrificing functionality.
Perspectives on Market SegmentsBall valves, butterfly valves, ball check valves, diaphragm valves, globe valves, plug valves, and gate valves are the several types of valves that make up the market.
The market is divided into four segments based on capacity: less than 1 inch, 2 to 6 inches, 7 to 12 inches, and more than 12 inches.
The market is divided into three segments based on insulation material: low pressure (less than 150 psi), medium pressure (between 150 and 600 psi), and high pressure (more than 600 psi).
Chemical, pharmaceutical, water treatment, oil and gas, power generation, food and beverage, and other industries are included in the solenoid valve size end user industry category.
Local PerspectivesThe PFA Lined Valves market in Asia Pacific held the biggest market share in 2023 and is anticipated to increase at a substantial compound annual growth rate (CAGR) during the course of the study. PFA-lined valves are extremely important in sectors including chemical processing, pharmaceuticals, food and beverage, and water treatment—all of which are expanding rapidly in this area—because they are necessary for handling caustic and high-purity fluids.
Furthermore, the PFA Lined Valves Market's second-largest region is Europe. Because of their remarkable durability and chemical resistance, PFA-lined valves are becoming more and more popular in a variety of industries.
Furthermore, the market for PFA Lined Valves in North America has expanded dramatically in recent years. North America's PFA Lined Valves market is expanding steadily due to a number of factors.
Key PlayersCrane Company (Crane Chempharma & Energy Corp.), Baum Lined Piping Gmbh, CRP, Emerson Electric Co, Flowserve Corporation, Kitz Corporation, Bray International, Samson AG, Gemu Group, and AVK Group are important players in the PFA Lined Valves Market.