According to the latest report by IMARC Group, “Global One-Way Valve Market Share, Size, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global one-way valve market reached a value of US$ 3.52 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.83 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027.
One-way valves, also known as non-returning or check valves, refer to devices that restrict fluid movement in one direction to prevent any backward motion and leakage in the pipeline. They are utilized in wastewater plants and heating, ventilating, and air conditioning (HVAC) systems to protect compressors and pumps from severe damage. These valves are inexpensive to install and are available in several shapes and sizes depending on pressure, flow velocity, flow rate, and others. As a result, one-way valves are widely adopted across oil and gas, power, and water and wastewater industries.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
| Report Metric |
| Historical: 2016-2021 |
| Base Year: 2021 |
| Forecast Year: 2022-2027 |
One-Way Valve Market Trends and Drivers:
The market is primarily driven by the escalating demand for one-way valves in oil and gas exploration plants. In addition, with the increasing volume of wastewater and growing environmental concerns, governments of numerous countries have introduced strict sewage treatment policies to meet the rising demand for potable drinking water, which is augmenting the need for one-way valves in water and wastewater management.
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Besides this, the rising adoption of innovative, durable product variants in the chemical and food and beverage (F&B) industries is also propelling the market growth. Furthermore, the increasing applications of one-way valves in the construction industry and the growing focus on upgrading existing oil reserves are also creating a favorable market outlook across the globe.
Global One-Way Valve Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AVK International A/S, CIRCOR International Inc., DHV Industries Inc, Emerson Electric Co., Flowserve Corporation, Lance Valves Inc., PetrolValves S.p.a., Schlumberger Limited, SPX FLOW Inc., The Weir Group Plc, Valvitalia SpA, and Velan Inc.
The report has segmented the market on the basis of region, material type, application and sales type.
Breakup by Material Type:
- Stainless Steel
- Brass
- Carbon Steel
- Others
Breakup by Application:
- Oil and Gas
- Power
- Chemicals
- Water and Wastewater
- Pharmaceutical
- Others
Breakup by Sales Type:
- New Sales
- Aftermarket
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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