Latest News- Sanitary Valves Market in US: Control valves is expected to lead the Product segment during 2024-2028
The Sanitary Valves Market in US is being driven by Increasing adoption of sanitary valves in food and beverages and pharmaceutical industries
The Sanitary Valves Market in US is expected to grow at a CAGR of 2.1% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 24.8 million. In the US sanitary valves market, vendors are incorporating advanced actuator technology to create intelligent actuators. These innovations enable predictive maintenance, reducing operational and downtime costs. End-users can access valuable data, such as predictive maintenance information, configuration details, and troubleshooting data, through smart actuators. For instance, power plants can utilize smart actuators to profile valve torque characteristics and store the data in their legacy asset management systems. Comparing this data with historical torque data allows for predictive maintenance, ensuring optimal valve performance and minimizing unplanned downtime.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Product (Control valves, Double seat valves, Single seat valves, Butterfly valves, Others) End-user (Pharmaceutical, Processed food, Beverages, Dairy, Others) Geography (North America).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Sanitary Valves Market in US Research Report
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The Sanitary Valves Market in the US focuses on providing valves that ensure cleanliness and prevent contamination in various industries. These industries include Food and Beverage, Pharmaceutical, Biotechnology, Cosmetics, Semiconductor, and Processed Foods. Stainless steel valves, known for their corrosion resistance, are popular choices for these sectors. Hydraulic systems in industries such as Automation require sanitary valves for pressure regulation and flow control. Hygiene and sanitation are crucial in these applications, with fluid management systems including centrifugal pumps, positive displacement pumps, and rotary pumps adhering to stringent hygiene standards. Sterilization processes also benefit from sanitary valves in Stainless Steel, used in industries like Pharmaceutical and Biotechnology, ensuring the production of safe and high-quality products.
The sanitary valves market in the US is a significant segment of the larger industrial machinery and supplies and components market. This market caters to industries prioritizing cleanliness and contamination prevention, including food and beverage, pharmaceutical, biotechnology, and cosmetics. Sanitary valves, primarily made of stainless steel for corrosion resistance, are integral to hydraulic systems for pressure regulation and flow control in these sectors. The industrial machinery and supplies and components market's growth is driven by expanding industrial output in process and discrete industries, particularly in developing countries, leading to increased demand for energy, chemicals, petrochemicals, pulp and paper products, and processed food and beverages.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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