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Water Pressure Regulators Market Poised to Expand at a Robust Pace Over 2016 - 2026
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Global Water Pressure Regulators Market: Drivers & Restraints
The global water pressure regulators market is primarily driven by the demand for water pressure regulators in household, commercial and industrial applications, as the water pressure regulators are used to maintain the pressure in household systems to that in process equipment’s in the industries. With the infrastructure developments and rapid industrialization the demand for water pressure regulators is expected to increase, which in turn will propel the market for water pressure regulators globally. Moreover, the rising awareness among the people for preserving and preventing wastage of water and measures to reduce the cost of utility such as wastewater treatment cost and maintenance cost can be attributed to the growth of water pressure regulators market globally.
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Based on the geographic regions, global water pressure regulators market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and Middle East & Africa. Among the aforementioned regions, the APEJ and Latin America market for water pressure regulators is expected to be the most attractive regions for the water pressure regulators market due to the rapid industrialization in the regions. The Middle East & Africa market for the water pressure regulators is expected to hold the third place in terms of growth rate i.e., behind APEJ and Latin America market for water pressure regulators. The growth in construction sector in the Middle East region is expected to boost the market for water pressure regulators market in the region. Overall, the water pressure regulator market is expected to register a moderate single digit CAGR over the forecast period.
Global Water Pressure Regulators Market: Key Players
Some of the key players identified in the global water pressure regulators market are W.W. Grainger, Inc., Watts Water Technologies, CONBRACO INDUSTRIES, Harwich Port Heating & Cooling, Vallecitos Water District and Elite Line among others.
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