Sanitary Pumps and Valves Market Set to Grow at the Fastest Rate- Time to Grow your Revenue

The global sanitary pumps and valves market size is projected to grow from USD 2.1 billion in 2023 to USD 2.5 billion by 2028, at a CAGR of 3.6% from 2023 to 2028. Sanitary pumps and valves are generally adopted in industries such as processed food, beverages, pharmaceuticals, and dairy, as well as in plants that require no chemical or physical hazards and high hygienic grades to prevent damage.

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By pump type, the positive displacement segment is expected to grow at the highest CAGR during the forecast period. Positive displacement pumps transfer the fluid by physically forcing the fluid through the pump outlet, unlike centrifugal pumps, which accelerate the fluid to generate flow and pressure. Several different designs of positive displacement pumps are available in sanitary end-use industries suitable for high-purity and hygienic applications. The positive displacement pumps in these categories are known for transferring the fluid by capturing and moving specific fluid volumes from the pump inlet to the pump outlet using rotational or reciprocating mechanical force.

By pump power source, the air segment is expected to grow at an impressive CAGR during the forecast period. Air-powered sanitary pumps use compressed air, especially when electricity is unavailable. The most common types of air-operated sanitary pumps include air-operated diaphragms and air-operated double diaphragm pumps. Air-powered pumps generally transfer various feeds, including sludges, slurries, abrasive, and shear-sensitive fluids. These pumps are well known for their gentle transferring of fluids, robustness, reliability, ability to run dry, and easy maintenance. At the same time, there are a few limitations of air-powered pumps, which include that these pumps can be noisy, prone to icing, and limited to low-pressure applications.

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North America is expected to hold the largest share of the sanitary pumps and valves market during the forecast period. The growth of this regional market can be attributed to the presence of a large number of industry participants, such as SPX FLOW, Inc. (US), Dover Corporation (US), Flowserve Corporation (US), and ITT Inc. (US). The presence of such players is expected to offer ample opportunities for growth in the coming years. These companies are focusing on strategic partnerships and new product development to increase and improvise their product portfolio to fulfill various applications' unique and evolving requirements. North America has several prominent and leading process industries, including food, beverage, dairy, pharmaceuticals, etc. Large players from these industries drive the market for all types of sanitary pumps and valves in the region. Additionally, these process industries in North America are growing continuously, leading to increasing demand for sanitary pumps and valves. The increasing number of applications of these pumps and valves is also driving North America's sanitary pumps and valves market.

News also Covered: https://www.prnewswire.com/news-releases/sanitary-pumps-and-valves-market-worth-2-4-billion-by-2026--exclusive-report-by-marketsandmarkets-301402060.html

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