openPR Logo
Press release

Lined Valve Market to grow from USD 3.4 billion in 2023 to USD 4.1 billion by 2028

08-07-2023 01:00 PM CET | Industry, Real Estate & Construction

Press release from: ReportsnReports

Lined Valve Market

Lined Valve Market

"Lined Valve market to grow at a CAGR of 4.2% from 2023 to 2028 to reach USD 4.1 billion by 2028."

The lined valve market size is expected to grow from USD 3.4billion in 2023 to USD 4.1billion by 2028; it is expected to grow at a CAGR of 4.2% from 2023 to 2028. The key factors driving the growth of the lined valve market are the growing adoption of IoT-integrated valves, the increasing necessity for ensuring the utmost purity of processes in the pharmaceutical industry, and the rising necessity to adhere to process safety guidelines by governments across the world.

Download Free Sample PDF @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=6613661

"Ball valve held the largest share, and butterfly valve held the second largest share of the lined valve market in 2022."

The stem design of the lined ball valve offers an anti-blowout feature, which provides increased safety. In addition, every lined ball valve has its anti-static device that helps to protect against potentially dangerous electrostatic discharges, thereby driving their usage across multiple sectors such as chemical, petrochemical, and pharmaceuticals. Butterfly valves are lightweight, compact, and a low-cost alternative to other valve types. Lined butterfly valves are suitable for applications that require constant torque and no maintenance, thereby increasing their adoption across sectors such as metals & mining and pulp & paper.

"PTFE material held the dominating share, and PFA held the second largest share of the lined valve market in 2022."

Polytetrafluoroethylene (PTFE) offers bettersealing, non-viscosity, and higher lubrication, ensuring high chemical resistance and better durability. Hence, PTFE lined valves are widely used in high-grade alloys in corrosive applications in various industries such as pharmaceutical, chemical, petrochemical, pulp and paper, fertilizer, and metallurgical. Polyfluoroalkoxy (PFA) is resistant to strong acids and insoluble in any solvent. These valves ensure high sealing performance in a wide range of temperature and pressure differences, thereby increasing their adoption across multiple sectors such as chemical, food & beverages, and power.

"Chemical industry held the dominating share and petrochemical industry held the second largest share of the lined valve market in 2022."

The chemicals industry is governed by regulations that vary with each country, and such variations in regulations place the entire industry at risk in terms of safety issues. Lined valves and positioners resolve these conflicting issues related to plant safety and harmful environmental emissions. In addition, several government associations and organizations worldwide are working on chemical process safety in the plants, which will help drive the opportunity for the lined valve market around the world. The petrochemical industry needs deeper wells and longer pipelines. It focuses on reducing production costs, using specialized and critical equipment, such as lined valves, especially in oil and gas plants. This industry's lined valves help identify fluid corrosivity, fluid erosion properties, and other parameters.

The future of lined valves is poised to bring about transformative changes in various industries, revolutionizing fluid control and containment. These specialized valves, with their protective linings, offer enhanced durability, corrosion resistance, and safety, making them indispensable components in critical applications.

Advancements in materials science and manufacturing techniques are driving the evolution of lined valves. The integration of innovative lining materials, such as PTFE (polytetrafluoroethylene) and other advanced polymers, ensures superior resistance to corrosive and abrasive fluids. This extends the lifespan of valves and reduces maintenance costs significantly.

Furthermore, the future holds the promise of smart lined valves, incorporating sensors and monitoring systems. These intelligent valves can provide real-time data on pressure, temperature, and fluid characteristics, enabling predictive maintenance and proactive interventions.

Industries ranging from chemical processing to water treatment and oil and gas are set to benefit from these developments. Lined valves will play a pivotal role in ensuring the safe and efficient handling of aggressive chemicals, high-temperature fluids, and demanding environments.

While challenges like ensuring proper lining adhesion and compatibility with varying substances remain, ongoing research and collaboration between engineers and materials experts are poised to overcome these obstacles.

In conclusion, the future of lined valves is a compelling tale of resilience and innovation. As technology continues to advance, these valves will evolve to meet the evolving needs of industries, making processes more efficient, sustainable, and secure. Their role in safeguarding operations underscores their significance, promising a future where fluid control is smarter, safer, and more reliable than ever before.

Download Complete Report @ https://www.reportsnreports.com/purchase.aspx?name=6613661

ReportsnReports - Your Market Research Librarian
Corporate Headquarters
Tower B5, office 101, Magarpatta SEZ,
Hadapsar, Pune-411013, India.
+ 1 347 333 3771
sales@reportsandreports.com

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Lined Valve Market to grow from USD 3.4 billion in 2023 to USD 4.1 billion by 2028 here

News-ID: 3156752 • Views:

More Releases from ReportsnReports

DeviceCon Series 2024 - UK Edition | MarketsandMarkets
DeviceCon Series 2024 - UK Edition | MarketsandMarkets
Future Forward: Redefining Healthcare with Cutting-Edge Devices Welcome to DeviceCon Series 2024 - Where Innovation Meets Impact! Join us on March 21-22 at Millennium Gloucester Hotel, 4-18 Harrington Gardens, London SW7 4LH for a groundbreaking convergence of knowledge, ideas, and technology. MarketsandMarkets proudly presents the DeviceCon Series, an extraordinary blend of four conferences that promise to redefine the landscape of innovation in medical and diagnostic devices. Register Now @ https://events.marketsandmarkets.com/devicecon-series-uk-edition-2024/register MarketsandMarkets presents
5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Conference Promises New Trends and Insights in Diagnosis
5th Annual MarketsandMarkets Infectious Disease and Molecular Diagnostics Confer …
London, March 7, 2024 - MarketsandMarkets is thrilled to announce the eagerly awaited 5th Annual Infectious Disease and Molecular Diagnostics Conference, scheduled to take place on March 21st - 22nd, 2024, at the prestigious Millennium Gloucester Hotel, located at 4-18 Harrington Gardens, London SW7 4LH. This conference promises to be a groundbreaking event, showcasing the latest trends and insights in diagnosis, as well as unveiling cutting-edge technologies that are revolutionizing the
Infection Control, Sterilization & Decontamination Conference |21st - 22nd March 2024| Challenges and Factors affecting in Sterilization of medical devices and more
Infection Control, Sterilization & Decontamination Conference |21st - 22nd March …
MarketsandMarkets is pleased to announce its 8th Annual Infection Control, Sterilisation, and Decontamination in Healthcare Conference, which will take place March 21-22, 2024, in London, UK. With the increased risk of infection due to improper sterilisation and decontamination practices, the safety of patients and healthcare workers is of paramount importance nowadays. Enquire Now @ https://events.marketsandmarkets.com/infection-control-sterilization-and-decontamination-conference/ This conference aims to bring together all the stakeholders to discuss the obstacles in achieving
Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, Surface and Forecast to 2025
Breast Augmentation Market Key Players, Demands, Cost, Size, Procedure, Shape, S …
The global Breast Augmentation Market in terms of revenue was estimated to be worth $900 million in 2020 and is poised to reach $1,692 million by 2025, growing at a CAGR of 13.4% from 2020 to 2025. The new research study consists of an industry trend analysis of the market. The new research study consists of industry trends, pricing analysis, patent analysis, conference and webinar materials, key stakeholders, and buying

All 5 Releases


More Releases for Lined

Emerging Trends Influencing The Growth Of The Recycled White Lined Chipboard Mar …
The Recycled White Lined Chipboard Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. How Big Is the Recycled White Lined Chipboard Market Size Expected to Be by 2034? The recycled white lined chipboard market has grown rapidly in recent years. It is expected to grow from
Global Lead Lined Drywall Market Size by Application, Type, and Geography: Forec …
USA, New Jersey- According to Market Research Intellect, the global Lead Lined Drywall market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The market for lead-lined drywall is expanding steadily due to rising demand from the industrial, nuclear, and healthcare sectors. The need for efficient
Lined Lug Cap Market: A Comprehensive Overview 2028
The lined lug cap market has gained significant attention in recent years due to its wide range of applications in industries such as food and beverages, pharmaceuticals, and cosmetics. This article provides an in-depth overview of the lined lug cap market, covering its scope, emerging trends, and the critical factors influencing its growth. The lined lug cap market is expected to witness market growth at a rate of approximately 6.60% in
Glass Lined Reactor Market Size 2024 to 2031.
Market Overview and Report Coverage A glass lined reactor is a type of vessel used in the chemical industry for various processes such as chemical reactions, mixing, and blending. It is designed with a glass lining to protect the metal surface from corrosion and to prevent contamination of the contents being processed. The Glass Lined Reactor Market is expected to grow at a CAGR of 4.20% during the forecasted period.
Glass-lined Evaporator Market Expects to See Significant Growth at CAGR of 4.7% …
QY Research's latest report 'Glass-lined Evaporator Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and
Lined Board Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Lined Board market analysis, which studies the Lined Board's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global "Lined Board Market 2020-2025" Research Report categorizes the global Lined Board market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth