Report Code: A15145 | Pages: NA | Mar 2023 | 1167 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Diaphragm Valve Market
Request Now !The diaphragm valve or membrane valve includes a valve body with two or more ports, an elastomeric diaphragm, and a weir or saddle or seat, upon which the diaphragm closes the valve. The valve body can be made from plastic, metal, wood, or other materials depending on its intended use. The diaphragm valve is used to control the flow of gases and liquid and is integrated into diverse industries, such as chemical, water treatment, and power.
The global diaphragm valve marketplace is experiencing a great boon and is anticipated to develop notably in the coming years. A diaphragm valve is a form of workhouse used to control the flow and temperature of fluids in various industrial applications. Diaphragm valves help reduce maintenance costs, minimize the risk of contamination, control pressure drop, and provide better flow regulation for smooth processes.
Report Metric | Details |
Market Size Available for Years | 2021 - 2030 |
Base Year Considered | 2020 |
Forecast Period | 2021 - 2030 |
Forecast Unit | Value (USD) |
Segments Covered | Product Type, End-user Vertical, and Region |
Companies Covered | Crane Co., Formatura Iniezione Polimeri S.p.A. (FIP), GEMÜ Group, ITT INC., Nippon Daiya Valve, and Alfa Laval, Christian Bürkert GmbH & Co. KG, Emerson Electric Co., GEA Group Aktiengesellschaft, KSB SE & Co. KGaA, SPX Flow , Tecofi.fr, and The Weir Group PLC. |
COVID-19 Impact Analysis
Top Impacting Factors
The diaphragm valve is a category of workhouse used to regulate the flow and temperature of fluids in numerous industrial applications. They help cut down maintenance costs, lessen the risk of contamination, control pressure drops, and improve the flow regulation for smooth processes. They are mainly aimed at non-hygienic applications. One of the factors driving the market growth is the rise in demand from the radioactive waste management industry. These valves are used in numerous processes in plants to determine radioactive wastes safely. Radioactive wastes are divided into three types, namely low-level, middle-level, and high-level wastes, which can be carefully disposed of with the help of diaphragm valves. Furthermore, demand for electricity or energy is also growing due to the increase in population and speedy industrialization. In addition, electricity demand is likely to enhance the launch of new nuclear plants, which are the leading source of energy generation. These factors are projected to boost the global diaphragm valves market throughout the forecast period.
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