Valve manufacturing requires a large number of raw materials such as stainless steel, steel alloys, cast iron, nickel, and ethylene polymers. Suppliers of such materials are widely spread across the globe. Valve manufacturers can source the required raw materials from suppliers worldwide according to quality and standards.
Safety valves are majorly used across steam systems for protection against boiler overpressure situations and downstream of pressure reducing controls. These valves are also used for process operations to prevent product damage owing to high pressure. Safety valves are generally of three types: relief valves, normal safety valves, and proportional safety relief valves. Major industries using safety valves include oil & gas, energy & power, chemicals, food & beverages, water treatment, and pharmaceuticals. In the water treatment industry, these safety valves are used to prevent excessive pressure in pipelines and ensure the integrity of the water distribution system. Kent Valve, Alfa Laval, IMI PLC, Hyper Valves, and Emerson are a few of the key safety valve manufacturers operating in the water treatment industry valves market.
Key Findings of Market Study:
In terms of revenue, APAC dominated the water treatment industry valves market share. North America water treatment industry valves market is growing at rapid pace with government initiatives and funding for the clean water infrastructure. For instance, in July, the US Department of Interior invested around US$ 152 million as a part of Bipartisan Infrastructure Law for bringing clean, and reliable drinking water for the communities across the West US. ?The projects were launched in Colorado, California, and Washington in area of 1.7-million-acre feet for the additional water storage capacity. The funding also made to advance water storage capacities in that area.??Such, increase in the investment for water related infrastructure is driving the water treatment industry valves market growth in this region.
The water treatment industry valves market forecast can help stakeholders plan their growth strategies. Velan Inc, Alfa Laval Solution, Flowserve Corporation, Emerson Electric Co, Dutch Valve Vision, Valco Group, American AVK Co, Kitz Corporation, Spirax Sarco Engineering Plc, and DeZURIK Inc are among the prominent players profiled in the water treatment industry valves market report. Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the water treatment industry valves market. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand.
The water treatment industry valves market report includes growth prospects owing to the current water treatment industry valves market trends and their foreseeable impact during the forecast period. The market players present in the water treatment industry valves market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings. Velan Inc, Alfa Laval Solution, Flowserve Corporation, Emerson Electric Co, Dutch Valve Vision, Valco Group, American AVK Co, Kitz Corporation, Spirax Sarco Engineering Plc, and DeZURIK Inc are among the key players covered in the water treatment industry valves market report. The report includes growth prospects in light of current water treatment industry valves market trends and driving factors influencing the market.
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