Portland, OR, June 24, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global one-way valves market was pegged at $3.63 billion in 2020 and is estimated to hit $5.29 billion by 2028, registering a CAGR of 5.1% from 2021 to 2028. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.
Urbanization and industrialization in developing countries and awareness for water and wastewater treatment drive the growth of the global one-way valves market. On the other hand, the issues associated with wear & tear and frequent maintenance impede the growth to some extent. However, introduction of IoT and energy efficient valves are expected to create multiple opportunities in the industry.
Download Sample PDF (150 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/11688
COVID-19 scenario-
- The outbreak of the pandemic led to disruptions in the retail and logistics activities, thereby impacting the global one-way valves market negatively.
- The second wave of the pandemic has also been unfavorable to the market growth in several ways. Nevertheless, the mass rollout of vaccination in most countries is projected to ameliorate the global situation and the one-way valves market is anticipated to recoup soon.
The global one-way valves market is analyzed across type, application, sales type, and region. Based on type, the stainless steel segment contributed to nearly two-fifths of the total market share in 2020, and is expected to lead the trail by the end of 2028. The same segment would cite the fastest CAGR of 5.1% by 2028.
Get detailed COVID-19 impact analysis on the One-Way Valves Market Request Here
Based on application, the oil & gas segment accounted for around one-third of the total market revenue in 2020, and is projected to dominate by 2028. The pharmaceutical segment, on the other hand, would exhibit the fastest CAGR of 5.8% from 2021 to 2028.
Based on region, Asia-Pacific held the major share in 2020, garnering more than one-third of the global market. Simultaneously, the market across LAMEA would showcase the fastest CAGR of 6.1% during the forecast period. The other regions studied in the report include North America and Europe.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/11688
Leading Players:
The key market players analyzed in the global one-way valves market report include DHV Industries, Emerson Electric Co., Flowserve Corporation, PetrolValves, Schlumberger Limited, The Weir Group PLC, SPX FLOW, Inc., Velan Inc., AVK Holding A/S, and Valvitalia SpA. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.
Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starter
Get more information: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR 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 market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Contact us:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Follow Us on | Facebook | Twitter | LinkedIn