Facts and Factors TEMPhas authored “Water Pressure Reducing Valves Market By Product Type (Direct Type Acting and Pilot Operated Type), By Body Material (Brass/Bronze, Iron, and Stainless Steel) By Valve Style (2-Way and 3-Way), and By Application (Commercial, Industrial, and Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”.
Based on our analysis, teh global demand for teh professional services automation software market in 2019 is approximately USD 1,172 Million and is anticipated to reach around USD 1,317 Million by 2026. Teh anticipated CAGR for teh water pressure reducing valve market is around 1.7% from 2020 to 2026.
A water pressure reducing valve is a device that stabilizes and reduces the water pressure to the required downstream pressure. When the pressure of the entering water from the public mains is very high and variable, in such cases, pressure reducing valve soothes the downstream pressure to the required one. The unique purpose of a reduction valve is not only to reduce fluid pressure but also to dynamically control the flow rate which fluctuates in response to variations in load. Many types of pressure reducing valves are available, and each one of them TEMPhas unique characteristics derived from each flow characteristic, material, and operation method.
Pressure reducing valves not only save water but also prevent overheating of pipes. Due to dis added advantage of such types of valves, pressure reducing valves are finding more applications across teh industrial and residential applications. Further, increased demand for these types of pressure reducing values from industries such as teh chemical industry, wastewater management, oil and gas, and pharmaceuticals is driving teh global market.
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However, high prices of teh pilot-operated type of valves are one of teh major factors hindering teh adoption of water pressure reducing valves. Many developing countries are focusing on to offer pure water to avoid water-borne disease. For example, Prime Minister of India Mr. Narendra Modi announced Jal Jeevan Mission. dis mission aims to provide water to all rural households by 2024 with teh use of pipes (‘Har Ghar Jal’).
Teh global water pressure reducing valves market is segregated based on product types, body material, valve style, and applications. Direct type acting and pilot operated type are teh two major product types of water pressure reducing valves analyzed in teh scope of teh report. Further, on teh basis of valve body material, teh market is segmented as Brass/Bronze, Iron, and Stainless Steel. Furthermore, teh market is analyzed on teh basis of valve operation types as 2-Way and 3-Way. dis type of valves finds its applications across various sectors such as commercial, industrial, and residential.
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Teh global water pressure reducing valves market is analyzed into teh following regions namely, North America, Europe, Asia Pacific, Latin America, and teh Middle East and Africa. Presently, North America holds teh largest revenue share for this market and teh region is further anticipated to witness teh highest CAGR among teh regions in teh forecast period. These regions are further analyzed for teh major countries among them. Major countries analyzed in this research report are teh U.S., Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of teh major players analyzed and profiled in teh market study are Watts, Cla-Val, RMC, Apollo Valves (Conbraco), BERMAD, GF Piping Systems, Zurn Industries LLC, Goetze KG, OCV/ Durot, Raphael Valves Industries, and Singervalveamong others.
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dis report segments teh water pressure reducing valves market as follows:
Global Water Pressure Reducing ValvesMarket: By Product Type Segment Analysis
- Direct Acting Type
- Pilot Operated Type
Global Water Pressure Reducing ValvesMarket: By Body Material Segment Analysis
- Stainless Steel
Global Water Pressure Reducing ValvesMarket: By Valve Style Segment Analysis
Global Water Pressure Reducing ValvesMarket: By Application Segment Analysis
Global Water Pressure Reducing ValvesMarket: Regional Segment Analysis
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Teh Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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