The global demand for Plastic Valves Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period 2023 - 2030. Regarding volume, the market was calculated XX MN Units in 2022 and forecast to touch XX MN Units by 2030 with a CAGR of XX% during 2023-2030.
A plastic valve is a polymer-made device that directs, regulates, or controls the flow of gas, liquid, or slurries. These vary widely in form, size, material, and application. Plastic valves have many uses, including residential water supply, controlling water for irrigation, and industrial uses for controlling processes. These are found in every industrial process, including water and sewage processing, mining, power generation, oil processing, gas and petroleum, food manufacturing, chemical and plastic manufacturing, and many other fields.
Market Dynamics
Plastic valves have become increasingly popular in the last decade and will continue in the coming year. Spurring automation, the growing need for a connected network to monitor industrial equipment, superior properties, and new product launches drive end users' demand for a plastic valve. The plastic valve has many benefits that make it the first choice in many different applications. Plastic valves offer excellent properties over the metal valve. Metal valves are replaced by plastic valves due to their lightweight, inexpensiveness, resistance to abrasion, and non-corrosiveness. Moreover, plastic valves offer long lives, good sealing properties, have low-pressure losses, easy to open & close, and occupy little space. Industries are increasingly embracing plastic valves for technical uses. However, plastic valves are limited by the mechanical and thermal performance of their materials.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of plastic valves. The growth and trends of plastic valves industry provide a holistic approach to this study.
Market Segmentation
This section of the plastic valves market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Gate Valve
- Globe Valve
- Ball Valve
- Butterfly Valve
- Diaphragm Valve
- Check Valve
- Plug Valve
- Pinch Valve
- Needle Valve
- Pressure Relief Valve
- Others
By Material
- Polyvinyl Chloride (PVC)
- Chlorinated Polyvinyl Chloride (Cpvc)
- Polypropylene (PP)
- Polyvinylidene Fluoride (PVDF)
- Others
By Function
- Isolation Valves
- Control Valves
- Others
By End User
- Oil and Gas
- Water and Waste Treatment
- Chemical
- Energy and Utilities
- Food and Beverages
- Pharmaceutical
- Agriculture
- Marine
- Automotive
- Metals and Mining
- Paper and Pulp
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Plastic Valves market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Plastic Valves Market Share by Region (Representative Graph)
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The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the plastic valves market include EMERSON ELECTRIC CO., Flowserve Corp., HAM–LET GROUP, Cepex, PureValve, Aquazen Polytech Pvt. Ltd., ASAHI YUKIZAI CORPORATION, Zhejiang Xier Plastic Valve Lead Co.,LTD., GOLDEN PLASTIC, Praher Plastics Austria, The GEMÜ Group, Flowone, Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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