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Sanitary Valves Market in the US to record USD 57.38 Mn growth | Driven by increasing adoption in F&B and Pharmaceutical Industries | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jan 31, 2022, 05:30 ET

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NEW YORK, Jan. 31, 2022 /PRNewswire/ -- The sanitary valves market in the US is has been witnessing strong growth owing to the increasing demand from various end-user industries including processed food, beverages, pharmaceutical, and dairy.

The ongoing digitization and automation in these industries have increased the demand for sanitary control valves. This is driving vendors to offer application-specific products that cater to the growing needs of end-users.

Attractive Opportunities in Sanitary Valves Market in US by Product and End-user - Forecast and Analysis 2022-2026
Attractive Opportunities in Sanitary Valves Market in US by Product and End-user - Forecast and Analysis 2022-2026

To understand more about Market Dynamics. Download our FREE sample report

Key Sanitary Valves Market Report Highlights:

  1. Market growth 2021-2026: USD 57.38 million
  2. Growth momentum & CAGR: Accelerate at a CAGR of 4.52%
  3. YoY growth (%) in 2022: 2.06%
  4. Performing product segment: Control valves

Sanitary Valves Market in US: Segmentation Analysis

  • Product
    • Control Valves
    • Double Seat Valves
    • Single Seat Valves
    • Butterfly Valves
    • Others
  • End-user
    • Pharmaceutical
    • Processed Food
    • Beverages
    • Dairy
    • Others

By product, the market is generating maximum revenue in the control valves segment. The growth of the segment is driven by the increased demand for control valves across pharmaceutical, biotech, food and beverage, cosmetic, and dairy sectors for various hygienic purposes. Also, the introduction of various regulations regarding environmental and work safety are contributing to the growth of the segment.

By end-user, the demand for sanitary valves is high among pharmaceutical end-users. The rising demand for pharmaceutical products and increasing demand for sterile and aseptic processes to avoid cross-contamination are driving the demand for sanitary valves in the pharmaceutical industry. The market growth in the segment will be significant during the forecast period.

For additional highlights on the market growth across various segments: Request for a free sample report.

Key Vendors and Vendor Strategies

Some of the major vendors of the sanitary valves market in the US include Adamant Valves, Alfa Laval AB, Burkert India Pvt. Ltd., Cashco Inc., Emerson Electric Co., Habonim Industrial Valves and Actuators Ltd., KRONES AG, Parker Hannifin Corp., Richards Industrials, and SAMSON AG.

The market is fragmented due to the presence of many regional and international players. Vendors operating in the market are launching various initiatives and programs to counter the sales of counterfeit and fraudulent sanitary valves. Vendors are also engaging in M&A activities to gain access to new markets and stay competitive in the market.

To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research report on the sanitary valves market in the US is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Download our free sample report to get a brief understanding of various vendors and their strategies.

Sanitary Valves Market in US: Key Drivers

The increasing adoption of sanitary valves in the food and beverages and pharmaceutical industries, growth in renewable energy, and the high adoption of sanitary valves by eliminating preservatives will offer immense growth opportunities.

  • Increasing adoption of sanitary valves in the food and beverages and pharmaceutical industries:

Sanitary valves make an integral part in handling fluid systems in F&B and pharmaceutical industries and these industries need to maintain a highly sanitized and hygienic environment. In addition, rising health awareness among consumers and growing stringency of regulations governing these industries are forcing end-users to adopt high-level sanitary practices in the production process. All these factors are fostering the growth of the sanitary valves market in the US.

To know about a few other market drivers, trends, and challenges,

Download our free sample report

Related Reports:

Sanitary Pumps Market in US by Product and End-user - Forecast and Analysis 2022-2026

Sanitary Pumps Market in India by Product and End-user - Forecast and Analysis 2022-2026

Sanitary Valves Market In The US Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.52%

Market growth 2022-2026

USD 57.38 million

Market structure

Fragmented

YoY growth (%)

2.06

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

US at 100%

Key consumer countries

US

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Adamant Valves, Alfa Laval AB, Burkert India Pvt. Ltd., Cashco Inc., Emerson Electric Co., Habonim Industrial Valves and Actuators Ltd., KRONES AG, Parker Hannifin Corp., Richards Industrials, and SAMSON AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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