According to the latest report by IMARC Group, the global one-way valve market reached a value of US$ 3.52 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.83 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027.
A one-way valve represents the safety device that prevents leakage in a pipeline by allowing fluids and gases to flow in a single direction. It is installed in large residential buildings and commercial establishments to prevent the backflow of fluids in heating, ventilating and air conditioning (HVAC) systems. In addition to this, one-way valves are extensively utilized in water and wastewater plants for protecting pumps and compressors from serious damage. Presently, they are commonly available in various types that vary depending on the media gravity, temperature, line size, pressure, velocity of the flow, etc.
|Base Year: 2021|
|Forecast Year: 2022-2027|
One-Way Valve Market Trends and Drivers:
The inflating need for upgrading existing oil infrastructures and the growing utilization of electronic appliances are primarily driving the one-way valve market. Additionally, the rising levels of industrialization are elevating the volumes of wastewater generated across the globe. This is further augmenting the adoption of one-way valves in water and wastewater management systems.
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In line with this, the increasing consumer environmental concerns, the escalating requirement for portable drinking water, and the launch of numerous favorable policies by government bodies across countries for regular sewage treatment are also positively influencing the global market.
Besides this, the widespread demand for these valves, as they require less maintenance, ensure the optimal efficiency of the system, enhance the accuracy of oil and gas exploration projects, etc., is anticipated to fuel the one-way valve market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global One-Way Valve Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AVK International A/S, CIRCOR International Inc., DHV Industries Inc, Emerson Electric Co., Flowserve Corporation, Lance Valves Inc., PetrolValves S.p.a., Schlumberger Limited, SPX FLOW Inc., The Weir Group Plc, Valvitalia SpA, and Velan Inc.
The report has segmented the market on the basis of region, material type, application and sales type.
Breakup by Material Type:
- Stainless Steel
- Carbon Steel
Breakup by Application:
- Oil and Gas
- Water and Wastewater
Breakup by Sales Type:
- New Sales
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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