The global pressure reducing valves market is projected to be worth US$ 3746.9 million in 2033, according to Future Market Insights (FMI). Global pressure-reducing value demand is anticipated to grow at a 4.7% CAGR during the projection period.

The global market will advance as pressure-reducing technologies are increasingly applied in various industrial sectors.

Similar to this, there will likely be a demand for pressure-reducing valves as the need for sustainable and energy-efficient systems grows.

Pressure reducing valves are designed to maintain a consistent flow rate and reduce energy consumption. As a result, these valves are becoming ideal tools for industries looking to reduce their carbon footprint and comply with environmental regulations.

Get a Sample Copy of this Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-3784

Growing demand for pressure-reducing valves for residential and commercial applications is likely to bolster sales through 2033.

Pressure reducing values are being used in residential and commercial applications to regulate water pressure and protect plumbing systems from damage caused by high water pressure.

Pressure reducing valves are installed on the main water supply line to regulate the water pressure throughout the building. They ensure that the pressure is at a safe and consistent level for all fixtures and appliances.

Key Takeaways :

Global demand for pressure reducing valves is likely to rise at 4.7% CAGR through 2033.

·        By material type, stainless steel segment is expected to reach a valuation of US$ 1,666.6 million by 2033.

·        Based on end use, industrial segment is anticipated to account for around 82.4% of the global market in 2023

·        By operating pressure, 50 to 200 Psig segment is estimated to hold about 49.3% market share in 2023.

·        The United States pressure reducing valves market size is forecast to reach US$ 507.6 million by 2033.

·        Pressure reducing valve sales in China is likely to soar at 3.9% CAGR through 2033.

·        South Korea market is poised to exhibit a CAGR of 5.1% CAGR from 2023 to 2033.

Who is Winning?

Emerson Electric Co., Parker Hannifin Corporation, Watts Water Technologies, Xylem Inc., and Honeywell International are the top manufacturers of pressure reducing valves profiled in the report.

These companies are focusing on developing innovative and technologically advanced solutions to meet end user demand. They are also using strategies such as partnerships, alliances, mergers, and acquisitions to expand their presence.

Recent Developments:

·        In 2022, Zurn Industries, LLC introduced a new compact and lightweight pressure reducing valve (Zurn Wilkins 500XL3).

Pressure Reducing Valves Market Segmentation:

By Product Type:

• Direct Acting
  • Residential
  • Commercial
  • Industrial
• Pilot Operating

By Material Type:

• Cast Steel
• Stainless Steel
• Carbon Steel
• Cast Iron
• Ductile Iron
• Bronze
• Plastics
• Others

By Operating Pressure:

• 50 to 200 Psig
• 201 to 500 Psig
• 501 to 800 Psig
• Above 800 Psig

By Application:

• Gas
• Steam
• Liquid

By End Use:

• Residential
• Commercial
• Industrial
  • Power Generation
  • Pharmaceuticals
  • Pulp and Paper
  • Chemicals
  • Food and Beverages
  • Oil and Gas
  • Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Russia & Belarus
• Balkan & Baltics
• Central Asia
• East Asia
• South Asia Pacific
• Middle East Africa
• Others