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One-Way Valve Market Growing at a CAGR of 5.1% from 2021 to 2028

09-13-2021 01:42 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
One-Way Valve Market

One-Way Valve Market

One-way valves are the valves that restrict the flow of fluid in only one direction. It further restricts the reversible flow of the fluid by closing the inlet or outlet physically. These types of valves are generally installed in oil & gas, chemical, and water & wastewater industries to restrict the reverse flow of fluids. These valves are also known as check valves or non-returning valves.

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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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Contact:
David Correa
Portland, OR, United States
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help@alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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