Press release
One-Way Valve Market Growing at a CAGR of 5.1% from 2021 to 2028
One-Way Valve Market
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The one-way valves market size accounted for $3.6 billion in 2020, and is expected to reach $5.2 billion by 2028, registering a CAGR of 5.1% from 2021 to 2028.
The one-way valve market is majorly driven by the use of one-way valves in water and wastewater treatment plants for treatment of municipal as well as industrial waste water. There has been growing awareness all around the globe on treatment of wastewater and recycling it. This further leads to installation of one-way valves in the treatment plants. In addition, expansion of industrial sector in emerging countries has led to increase in demand for one-way valves. Further, expansion of industries leads to the growth of the construction sector.
Key Market Players
AVK Holding A/S
DHV Industries
Emerson Electric Co.
Flowserve Corporation
PetrolValves
Schlumberger Limited
SPX FLOW, Inc.
The Weir Group PLC
Valvitalia SpA
Velan Inc.
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Key Market Segments
By Type
Brass
Stainless Steel
Carbon Steel
Others
By Application
Oil & gas
Power
Chemicals
Water & Wastewater
Pharmaceutical
Others
By Sales Type
New Sales
Aftermarket Sales
By Region
North America
Europe
Asia-Pacific
LAMEA
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