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According to the latest research report by IMARC Group, The global one-way valve market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/one-way-valve-market
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Global One-Way Valve Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global One-Way Valve Market Research Report: The latest report by IMARC, titled “One-Way Valve Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global one-way valve market size reached US$ 3.7 Billion in 2022. A one-way valve is a device that only allows the flow of fluids in one direction by preventing the backflow in the system. It protects drinking water from contamination by avoiding reverse flow from gravity, back siphonage, or backpressure. In addition, it helps complex systems function properly by ensuring unidirectional flow. As a result, it is used in gardens and agricultural fields to control the flow of fertilizers and water in irrigation systems. It is also used to manage corrosive fluids, hydraulic systems, and fuel flow in aircraft. Request Free Sample Report: https://www.imarcgroup.com/one-way-valve-market/requestsample
Report Description and Highlights Report Description Global One-Way Valve Market Trends: At present, there is a rise in the demand for one-way valves in the piping system to prevent the reverse flow of a liquid, which can damage pumps, compressors and other equipment. This, along with the growing infrastructure development across the globe, represents one of the key factors driving the market. Moreover, the increasing utilization of one-way valves in the treatment of municipal and industrial wastewater is propelling the growth of the market. In addition, key market players are extensively investing in research and development (R&D) activities to introduce one-way valves equipped with the internet of things (IoT) for tracking their working and condition through automation. They are also focusing on developing one-way valves that require less maintenance and ensure the optimal efficiency of the system, which is positively influencing the market. Besides this, the increasing development of existing oil reserves due to the rapid urbanization and surging consumption of energy is bolstering the growth of the market. Looking forward, IMARC Group expects the market to reach by US$ 4.9 Billion 2028, exhibiting a CAGR of 4.7% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Material Type Insights: • Stainless Steel • Brass • Carbon Steel • Others Application Insights: • Oil and Gas • Power • Chemicals • Water and Wastewater • Pharmaceutical • Others Sales Type Insights: • New Sales • Aftermarket
Report Description and Highlights Report Description Regional Insights: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others
Report Description and Highlights Report Description • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • AVK International A/S CIRCOR International Inc. DHV Industries Inc Emerson Electric Co. Flowserve Corporation Lance Valves Inc. PetrolValves S.p.a. Schlumberger Limited SPX FLOW Inc. The Weir Group Plc Valvitalia SpA Velan Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/one-way-valve-market
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