Industry Check Valves Market by End-user and Geography - Forecast and Analysis 2021-2025

The industry check valves market size has the potential to grow by USD 2.50 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.22%. 

This report provides a detailed analysis of the market by end-user (oil and gas, power, chemicals, water and wastewater, and others), geography (APAC, Europe, North America, MEA, and South America), and key vendors. 

Market Overview

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and 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.
• The Weir Group Plc

The industry check valves market is fragmented and the vendors are deploying growth strategies such as mergers, acquisitions, collaborations, and partnerships to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as developments in water and wastewater industry to achieve growth opportunities. However, factors such as high costs associated with the maintenance of pipelines and transportation infrastructure will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the industry check valves market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This industry check valves market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Industry Check Valves Market: Key Drivers and Trends

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Industry Check Valves Market: Segmentation by Geography

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34% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for industry check valves in APAC. Market growth in this region will be faster than the growth of the market in Europe and North America.

The growth of the oil and gas, water and wastewater treatment, and power sectors will facilitate the industry check valves market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Industry Check Valves Market: Segmentation by End-user

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The strong demand for petroleum products, due to the rising consumption in the transportation sector, is driving the demand for fossil fuels. As a result, the need for liquid fuel transportation equipment, including the check valves, has increased. Hence, investments in oil and gas transportation are growing rapidly. Consequently, vendors catering to the oil and gas market segment are recording increased sales.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the industry check valves market size.

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Industry Check Valves Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive 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 industry across APAC, Europe, North America, MEA, and South America
• 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

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