Originally published on Technavio:Sanitary Valves Market 2022–2027

The sanitary valves market is anticipated to grow by USD 603.86 million between 2022 and 2027, with a projected Compound Annual Growth Rate (CAGR) of 5.16%. This growth is attributed to various factors, including increasing usage in the food and beverages and pharmaceutical industries, advancements in valve technology, and the enforcement of stringent regulations in end-user sectors.

Key Drivers, Trends, Challenges, and Customer Landscape
The rising adoption in the food and beverages and pharmaceutical industries significantly propels market growth, although challenges such as fluctuating raw material prices may hinder it. Our researchers conducted an analysis based on 2022 data, focusing on key drivers, trends, and challenges. A comprehensive examination of drivers aids companies in refining marketing strategies for a competitive edge.

Key Driver
The growing usage in the food and beverages and pharmaceutical industries is a key growth driver. These industries exhibit substantial organic growth, driving global market development. Increasing health awareness among consumers fuels the demand for healthy and nutritious food and beverages, with ready-to-eat options gaining popularity. Moreover, the rise in online food aggregators boosts demand for ready-to-eat food globally.

In the APAC region, rapid population growth creates significant demand for food and beverages, particularly in major economies like India, China, Vietnam, and Thailand. Consequently, numerous projects are expected to launch in these sectors, fostering growth in the region's pharmaceutical industry. Hence, the escalating usage in the food and beverages and pharmaceutical industries is anticipated to drive market growth during the forecast period.

Significant Trend
The evolution of valve positioner technology is expected to drive global market growth. Valve positioners adjust actuator positions based on control signals, with pneumatic variants being the most common. These positioners offer advantages such as accurate functioning and online diagnostics for early detection of wear or tear. Advances in sensor technology and decreasing sensor costs further enhance their capabilities, making them increasingly preferred in various industries.

Major Challenge
Fluctuating raw material prices pose a significant challenge to global market growth. Raw material costs significantly influence faucet pricing and companies' profit margins. Variations in demand from other industries can impact raw material prices, necessitating specialized materials to prevent corrosion and ensure product quality. Price volatility remains a notable challenge during the forecast period.

Key Market Customer Landscape
The report covers the market's adoption lifecycle from innovators to laggards, focusing on adoption rates and key purchase criteria across regions to assist companies in developing growth strategies.

Global Market Customer Landscape
Companies are employing various strategies such as strategic alliances, partnerships, mergers, acquisitions, geographical expansions, and product/service launches to bolster their market presence.

Adamant Valves - Offering a range of sanitary valves including AV 2MEC encapsulated sanitary 3-piece ball valves, the company also manufactures and supplies sanitary butterfly valves, ball valves, check valves, sight glasses, and unions.

The report includes detailed analyses of the competitive landscape, featuring information on 15 market companies, including

Qualitative and quantitative analyses help clients understand the business environment and strengths and weaknesses of key market players, categorized based on focus and market dominance.
The pharmaceutical segment is expected to witness significant growth, driven by increasing demand for sanitation in production processes. Stringent regulations and user-specific requirements in faucet design contribute to market growth.

Sanitary Valves Market Size
The pharmaceutical segment, valued at USD 664.99 million in 2017, continues to grow. Sanitary valves in this segment require good seals and drain capability to ensure product quality. Strict regulations, including those from the US FDA, mandate corrosion-resistant and smooth-surfaced products, driving demand in this segment.

Sanitary Valves Market Share by Geography

APAC is estimated to contribute 44% to global market growth. Analysts explain regional trends and drivers, with APAC being the highest contributor. Rapid growth in the food and beverage industry, fueled by population growth and e-commerce expansion, drives market growth in APAC.
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The report forecasts revenue-based market growth at global, regional, and country levels, offering insights into trends and opportunities from 2017 to 2027.

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