Authored By: Sarah
30 Apr 2021

Industry Check Valves Market Size to Grow by $ 2.50 bn through 2021-2025

Technavio research projects the industry check valves market to grow by $ 2.50 bn, accelerating at a CAGR of over 4% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Industry Check Valves Market: Key Market Driver

One of the primary factors that will trigger the growth of the industry check valves market size is Developments in water and wastewater industry. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Industry Check Valves Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ABB Ltd., Curtiss-Wright Corp., Danfoss AS, Eaton Corporation Plc, Emerson Electric Co., Flowserve Corp., Honeywell International Inc., Robert Bosch GmbH, Schlumberger Ltd., and The Weir Group Plc are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

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The Global

Industry Check Valves Market

has the potential to grow by $ 2.50 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of over 4%.

This industry check valves market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by End-user (Oil and gas, Power, Chemicals, Water and wastewater, and Others) and Geography (APAC, Europe, North America, MEA, and South America). The industry check valves market report also offers information on several market vendors, including ABB Ltd., Curtiss-Wright Corp., Danfoss AS, Eaton Corporation Plc, Emerson Electric Co., Flowserve Corp., Honeywell International Inc., Robert Bosch GmbH, Schlumberger Ltd., and The Weir Group Plc among others.

Industry Check Valves Market: Receive FREE sample report

The Industrials sector is expected to have NEGATIVE impact due to the spread of COVID-19 virus. As the business impact of COVID-19 spreads, the Industry Check Valves Market 2021-2025 market is expected to have Neutral & Inferior growth.

Industry Check Valves Market: Top Drivers to Impact Market Growth

Rapid urbanization, industrialization, and economic growth have significantly contributed to land and water pollution, which has been causing freshwater sources to shrink. As a result, investments in upgrading and installing water treatment facilities have increased.
Most of the countries are adopting technologies for the treatment of water and effluents to obtain potable water.
The Government of China has been investing in new wastewater treatment and reuse projects to minimize the impact of industrialization on the environment, creating a demand for industry check valves.
Upgradation of aging water infrastructure, especially in developed regions such as Europe and the US, is also expected to create a significant demand for new industry check valves. As a result, the industry check valves market growth over the forecast period will be substantial.

Industry Check Valves Market: Report Highlights:

CAGR of the market during the forecast period
Detailed information on factors that will Industry Check Valves Market growth during the next five years
Precise estimation of the Industry Check Valves Market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the Industry Check Valves Market industry across
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of Industry Check Valves Market vendors

Market Segmentation by End-user

- Industry Check Valves Market Split by End-user
  - Oil and gas
  - Power
  - Chemicals
  - Water and wastewater
  - Others
- Industry Check Valves Market Split by Geography
  - APAC
  - Europe
  - North America
  - MEA
  - South America