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Canister Purge Valve Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Report
Canister Purge Valve MarketThe global Canister Purge Valve market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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Canister Purge Valve Market Trends
The market for canister purge valves is expanding due to the need for more dependable and efficient pollution control systems in automobiles, which is being driven by the strict emission rules imposed globally. In order to reduce hazardous emissions, canister purge valves regulate the flow of gasoline vapors from the fuel tank to the engine for combustion. This is a critical component of the evaporative emissions control system. In order to comply with increasingly strict emission rules aimed at mitigating air pollution and climate change, automakers are progressively using sophisticated emission control systems such as canister purge valves. Furthermore, rising car sales and production, especially in developing nations, fuel market expansion.
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Canister Purge Valve Market Companies:
• ACDelco
• Genuine
• Intermotor
• Duralast
• BWD
• Bosch
• Dorman
• Delphi
• Febi
• Forecast
• Kayser
• Mopar
• Motorcraft
• OES Genuine
• Original Equipment
• Pierburg
• Vaico
• Vemo
• Worldpac
By Type
• OEM Market
• Aftermarket
By Application
• Sedan
• SUV
• Commercial Vehicle
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