According to a new report, published by KBV research, The Global Sanitary Pumps and Valves Market size is expected to reach $2.7 billion by 2030, rising at a market growth of 3.5% CAGR during the forecast period.
The Centrifugal Pumps segment acquired maximum revenue share in the Global Sanitary Pumps and Valves Market by Pump Type in 2022; thereby, achieving a market value of $1.7 Billion by 2030. Centrifugal pumps are renowned for their hygienic design, straightforward operating principle, dependability, and reasonably low manufacturing cost. These pumps are the best and most effective option for moving fluids with a lower viscosity. Additionally, centrifugal pumps work well in applications with varying flow rates. They have a very high flow rate capacity with a steady, non-pulsing flow. Throttling and changing the impeller speed can be used to control the flow capacity of these devices.
The Air segment is showcasing a CAGR of 5% during (2023 - 2030). Many businesses utilize air-actuated valves because they have several benefits over manually operated sanitary pumps. Firms are now concentrating on factory automation and transformation. By applying air pressure to a piston or diaphragm, air-actuated sanitary valves can move circularly or linearly. An air-actuated actuator uses the air as a control medium to open, close, or regulate fluid flow.
The Processed Food segment is leading the Global Sanitary Pumps and Valves Market by End user in 2022; thereby, achieving a market value of $876.3 Million by 2030. One of the most important standards in the processed food sector is cleanliness. The principal regulatory agencies for this sector are the US Department of Agriculture (USDA) and the Food and Drug Administration (FDA). These regulatory authorities establish criteria to guarantee the nutritional value and safety of food items as well as to guard against contamination and false branding. Therefore, it is crucial to uphold sanitary standards and offer clients processed foods that are safe and nutritious.
The Self Primming segment is experiencing a CAGR of 4.2% during (2023 - 2030). Sanitary pumps that are self-prime are designed to do so automatically. These pumps are created so the cavity or pump body is always filled with the necessary start-up liquid. The liquid's presence allows the pump to begin its pumping operation. Self-priming pumps may move heavy materials, including acidic fluids, suspended solids, and slurries, in addition to handling a wide range of fluids.
The Asia Pacific region dominated the Global Sanitary Pumps and Valves Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1 Billion by 2030. The Europe region is poised to grow at a CAGR of 3.3% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 2.8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/sanitary-pumps-and-valves-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Xylem, Inc., Graco, Inc. (Newell Brands Inc.), Alfa Laval AB, KSB SE & Co. KGaA, GEA Group AG, SPX Flow, Inc., Dover Corporation, Spirax Sarco Limited, IDEX Corporation, Verder International B.V.
By Pump Type
By End User
By Power Source
By Primming Type
By Geography
Companies Profiled