Press release
Pinch Valve Market Growth Opportunities, Driving Factors by Manufacturers, Regions, Type and Application, Forecast Analysis to 2027
"Pinch Valve Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Type (Manual, Pneumatic, Hydraulic, Electric); End-user (Food and Beverages, Oil and Gas, Chemical and Petrochemical, Water and Wastewater, Others), and Geography", The Pinch Valve market was valued at US$ 578.6 Mn in 2020 and is expected to grow at a CAGR of 4.15% from 2020 to 2027 to reach US$ 737.5 Mn by 2027.The APAC pinch valve market is further segmented into Australia, India, China, Japan, South Korea, and the Rest of APAC. Digital transformation is a new trend across the region's food & beverages, chemical, and water and wastewater management sectors due to the high digital transformation pace. This results in an increasing demand for innovative devices, such as pinch valves. The huge population in the region has led to high demand for residential and commercial construction activities. APAC comprises several developing economies, such as China and India, along with many Southeast Asian countries, which generate robust demands for infrastructure projects. Rising population of these countries is the main driver for the growth of the region's construction industry. Further, various economies' governments are taking several measures to attract private investments in construction and infrastructure development. For instance, the 2011-2020 Economic Transformation Program (ETP) by the Malaysian government works toward attracting huge FDIs in the country's infrastructure and construction activities.
Report Coverage Details
Market Size Value in US$ 578.6 Million in 2020
Market Size Value by US$ 737.5 Million by 2027
Growth rate CAGR of 4.15% from 2020-2027
Forecast Period 2020-2027
Base Year 2020
No. of Pages 144
No. Tables 56
No. of Charts & Figures 75
Historical data available Yes
Segments covered Type ; End-user , and Geography
Regional scope North America; Europe; Asia Pacific; Latin America; MEA
Country scope US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Pinch Valve Market: Competitive Landscape and Key Developments
AKO Armaturen & Separationstechnik GmbH, Cla-Val, Emerson Electric Co, Flowrox Oy, Red Valve Company, Inc, RF Valves, Inc, Schubert & Salzer Control Systems GmbH, WAMGROUP S.p.A., Onyx Valve Company, and Festo are among key players profiled during the study of the Pinch Valve market.
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The growing adoption of the Industrial Internet of Things (IIoT) to implement automation across the industry is mainstreaming the production systems. With the integration of electro-pneumatic control characteristics with valves, it has led to the advancement, versatility, and enhanced performance of the valve. Pneumatic pinch valves can be automatic or semi-automatic. These valves helps in translating air signals into valve stem motion using air pressure that acts as a diaphragm or piston connected to the stem. The actuators integrated into these valves are fast-acting for using throttle valves as well as for open-close setting. A pneumatic pinch valve's plunger meets a resistant spring force that upsurges linearly as the plunger moves toward a closing. Thus, the plunger brakes as it progresses, but this reduces the sound of the actuator in the system.
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Recently, the residential construction sector has started gaining momentum worldwide. Owing to the constant surge in the global population, the need for sewer cleaning activities in sewer and wastewater lines in the residential sector is likely to increase, which would further boost the demand for pinch valves in the coming years. As per the United Nations, the worldwide population stood at 7.6 billion in 2017, and it is anticipated to reach approximately 8.6 billion by 2030, and 11.2 billion by 2100, respectively. The residential sewage accounts for a major share in a total sewage volume of a city/area. Recently, countries in Asia and the Middle East have taken up a large number of projects for residential construction, compared to any other region. Due to the staggering growth of the population in the regions, the rise in residential constructions in these regions is expected to create a significant demand for pinch valves installation in the coming years, which is further anticipated to drive the market.
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