07-Feb-2020 | Facts and Factors
Facts and Factors has authored “Water Pressure Reducing Valves Market By Product Type (Direct Type Acting and Pilot Operated Type), By Body Material (Brass/Bronze, Iron, and Stainless Steel) By Valve Style (2-Way and 3-Way), and By Application (Commercial, Industrial, and Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026”. Based on our analysis, the global Water Pressure Reducing Valves Market in 2019 is approximately USD 1,172 Million and is anticipated to reach around USD 1,317 Million by 2026. The anticipated CAGR for the water pressure reducing valve market is around 1.7% from 2020 to 2026.
A water pressure reducing valve is a device that stabilizes and reduces the water pressure to the required downstream pressure. When the pressure of the entering water from the public mains is very high and variable, in such cases, pressure reducing valve soothes the downstream pressure to the required one. The unique purpose of a reduction valve is not only to reduce fluid pressure but also to dynamically control the flow rate which fluctuates in response to variations in load. Many types of pressure reducing valves are available, and each one of them has unique characteristics derived from each flow characteristic, material, and operation method.
Browse the full “Water Pressure Reducing Valves Market By Product Type (Direct Type Acting and Pilot Operated Type), By Body Material (Brass/Bronze, Iron, and Stainless Steel) By Valve Style (2-Way and 3-Way), and By Application (Commercial, Industrial, and Residential): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 - 2026” report at https://www.fnfresearch.com/water-pressure-reducing-valves-market-by-product-type
Pressure reducing valves not only save water but also prevent overheating of pipes. Due to this added advantage of such types of valves, pressure reducing valves are finding more applications across the industrial and residential applications. Further, increased demand for these types of pressure reducing values from industries such as the chemical industry, wastewater management, oil and gas, and pharmaceuticals is driving the global market. However, high prices of the pilot-operated type of valves are one of the major factors hindering the adoption of water pressure reducing valves. Many developing countries are focusing on to offer pure water to avoid water-borne disease. For example, Prime Minister of India Mr. Narendra Modi announced Jal Jeevan Mission. This mission aims to provide water to all rural households by 2024 with the use of pipes ('Har Ghar Jal').
The global water pressure reducing valves market is segregated based on product types, body material, valve style, and applications. Direct type acting and pilot operated type are the two major product types of water pressure reducing valves analyzed in the scope of the report. Further, on the basis of valve body material, the market is segmented as Brass/Bronze, Iron, and Stainless Steel. Furthermore, the market is analyzed on the basis of valve operation types as 2-Way and 3-Way. This type of valves finds its applications across various sectors such as commercial, industrial, and residential.
The global water pressure reducing valves market is analyzed into the following regions namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Presently, North America holds the largest revenue share for this market and the region is further anticipated to witness the highest CAGR among the regions in the forecast period. These regions are further analyzed for the major countries among them. Major countries analyzed in this research report are the U.S., Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Brazil, and Argentina among others.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 1,172 Million |
Projected Market Size in 2026 |
USD 1,317 Million |
CAGR Growth Rate |
1.7% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Watts, Cla-Val, RMC, Apollo Valves (Conbraco), BERMAD, GF Piping Systems, Zurn Industries LLC, Goetze KG, OCV/ Durot, Raphael Valves Industries, and Singervalveamong, and Others |
Key Segment |
By Product, Body, Valve, Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the major players analyzed and profiled in the market study are
Watts, Cla-Val, RMC, Apollo Valves (Conbraco), BERMAD, GF Piping Systems, Zurn Industries LLC, Goetze KG, OCV/ Durot, Raphael Valves Industries, and Singervalveamong others.
This report segments the water pressure reducing valves market as follows:
By Product Type Segment Analysis
- Direct Acting Type
- Pilot Operated Type
By Body Material Segment Analysis
- Brass/Bronze
- Iron
- Stainless Steel
By Valve Style Segment Analysis
By Application Segment Analysis
- Commercial
- Residential
- Industrial
By Regional Segment Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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