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The global air release valves market was valued at USD 1,173.1 million in 2019 and projected to reach USD 2,025.4 million by 2027, expanding at a CAGR of 7.7% during the forecast period.
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Air Release Valves Market Emerging Trends, Strong Application Scope, Size, Status, Share, Analysis and Forecast To2027 The global air release valves marketwas valued at USD 1,173.1 million in 2019 and projected to reac h USD 2,025.4 million by 2027, expanding at a CAGR of 7.7% during the forecast period. In terms of v olume, the market is projected to expand at a CAGR of 7.2% during the forecast period. Air release va lves are the hydro-mechanical devices used to eliminate air pockets that collect due to negative pres sure in a pipeline. The air release valve consists of a small orifice that releases air entrapped in water under pressure. Normally, the air release valve is open; however, when liquid upsurges in the system and lifts afloat within the valve, then the air release valve closes. The orifice size generally differs fro m 1/16” to 3/8” depending on operating pressure and valve design. The orifice size of the air release valves is much smaller than the air & vacuumvalves. The market is driven by factors such as rising demand for air release valves from water & wastewater management facilities, elimination of headloss during the continuous flow of liquid, and Low mainten ance & overhead costs associated with the air release valves. The global air release valves market is c reating growth opportunities as municipal and government bodies worldwide are taking several initia tives to clean and manage wastewater in newly formed localities. Governments are utilizing mechani cal wastewater treatment to remove solid matter and remove bio-waste through sludge activation ta nks. All of these methods require the continued installment and usage of air release valves and other fittings and accessories; therefore, the global air release valves market is projected to create attractiv e opportunities during the forecast period. Get A Free Sample Report:https://growthmarketreports.com/request-sample/56 Based on types, the air release valves market has been segmented as heating/air bleeder valve type a nd rapid venting type. The heating/air bleeder valve type segment is anticipated to expand at a subst antial CAGR owing to the increasing adoption of heating, ventilation, and air conditioning (HVAC) syst ems in developing countries across the globe. Heating type/air bleeder valves are available in both au tomatic and manual models. Automatic air bleeder valves are generally fitted at the hitting boiler an d sometimes at upper levels in the building. About Growth Market Reports: Growth Market Reports provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective marketdomain. Contact Info:– Address: – 1st Floor, Kalpavruksha Office No 1, GK Lane Number 3, IngawaleNagar, Pimple Nilakh, Pune, Maharashtra411027 Phone No: – USA: +1 909 5456473 Email: –sales@growthmarketreports.com •Website: –https://growthmarketreports.com/