Hygienic Pumps and Valves Market by Valve Type (Single-seat, Double-seat, Butterfly, Diaphragm, Control, Ball, Globe, Plug, Pinch), Operation Mode (Manual, Air-actuated), Material Type, Function, Hygiene Class, End-user Industry- Global Forecast to 2028
Hygienic Pumps and Valves Market by Valve Type (Single-seat, Double-seat, Butterfly, Diaphragm, Control, Ball, Globe, Plug, Pinch), Operation Mode (Manual, Air-actuated), Material Type, Function, Hygiene Class, End-user Industry- Global Forecast to 2028
Abstract
The global hygienic pumps and valves market size is estimated to grow from USD 2.3 billion in 2023 to USD 2.8 billion by 2028, at a CAGR of 3.7%. The manufacturers of pharmaceuticals, food, beverages, and dairy products must adhere to the regulations formed by various governments, which, in turn, has compelled them to install multiple types of hygienic valves and pumps to maintain safety and sanitary practices in industrial plants.
" Double-seat valves segment is projected to hold significant share during the forecast period"
Double-seat valves are bottom- and top-guided valves designed to handle the simultaneous flow of two different liquids or fluids through the same valve without the risk of cross-contamination at a critical pipeline junction. These valves comprise two seals and two plugs, which are used to separate the flow of liquids and prevent cross-contamination. In these valves, the pressure acts upward in one plug and downward in another, due to which the force is balanced.
The space between the seals forms a leakage chamber in every working condition at atmospheric pressure. Double-seat valves have a unique characteristic of handling the flow of two fluids passing through the identical valves without the risk of cross-contamination, which makes them distinct from other types of hygienic valves. These valves provide exceptional operation, high customizability, and enhanced cleanability to help meet the high hygiene requirement in various industrial processes.
"Pharmaceutical end-user industry to grow at the highest CAGR during the forecast period"
The pharmaceutical industry makes significant contributions to the prosperity of any nation's economy. The pharmaceutical industry has produced some of the most important innovations and achievements in modern medicine, with many new technologies using cellular and biomolecular processes to help improve people's lives and the Earth's health. Therefore, it is necessary to ensure that the products manufactured in this industry are safe and of high quality.
Companies need better control over operational excellence to align with the innovations in the industry. Maintaining a safe, consistent, and efficient manufacturing process is essential to ensure the highest quality of products.
"The market in Europe is expected to grow at steady CAGR during the forecast period"
The hygienic pumps and valves market in Europe is segmented into countries such as the UK, France, Germany, Italy, Benelux, and the Rest of Europe. With the increasing awareness and importance of maintaining hygienic standards across these industries, The European Hygienic Engineering & Design Group (EHEDG), a global network of equipment manufacturers, processed food companies, research institutes, and public health authorities, set the EHEDG guidelines with the aim of promoting hygiene during the production, processing, and packaging of food products. These guidelines are followed by most hygienic pumps and valves manufacturers across the globe to offer the best possible sanitary standards through their product offerings.
Breakdown of the profiles of primary participants:
•By Company Type: Tier 1 - 42%, Tier 2 - 35%, and Tier 3 - 23%
•By Designation: C-level Executives - 45%, Directors - 32%, and Others - 23%
•By Region: North America - 34%, Europe - 30%, Asia Pacific - 27%, and RoW – 9%
Major players profiled in this report are as follows: Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), SPX FLOW, Inc. (US), Emerson Electric Co. (US), Spirax-Sarco Engineering plc (UK), Flowserve Corporation (US), ITT Inc. (US), KSB SE & Co. KGaA (Germany), Christian Bürkert GmbH & Co. KG (Germany), GEMÜ Group (Germany), and SAMSON AG (Germany) and others.
Research Coverage
This report has segmented the hygienic pumps and valves market based on pump type, component, material type, valve type, hygiene class, function, operation mode, end-user industry, and region. Based on pump type, the hygienic pumps and valves market has been segmented into centrifugal and positive displacement. The market has been segmented based on valve type into single-seat, double-seat, butterfly, diaphragm, control, and other valves.
The market has been segmented into standard, aseptic, and ultraclean based on hygiene class. The market has been segmented based on function into shut off/ isolation, divert, sampling, and others. The market has been segmented into stainless steel, copper, and bronze based on material type. Based on the operation mode, the market has been segmented into manual and air-actuated. Based on the end-user industry, the market has been segmented into processed food, dairy, alcoholic beverage, nonalcoholic beverage, pharmaceuticals, and other end-user industries. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
Analysis of key drivers ( Stringent government regulations to maintain optimal hygiene standards are driving the demand for hygienic equipment, Rising demand for processed food & beverages globally, Rising pharmaceutical industry to fuel the demand for hygienic pumps and valves), restraints (Fluctuations in raw material prices), opportunities (The increasing focus of manufacturers on R&D activities to develop new and advanced pumps and valves, Growing adoption of IIoT in process industries) and challenges (Rising competition from gray market players and unorganized sector) influencing the growth of the hygienic pumps and valves market
Product Development/Innovation:
Detailed insights on upcoming products, technologies, research & development activities, funding activities, industry partnerships, and new product launches in the hygienic pumps and valves market
Market Development:
Comprehensive information about lucrative markets – the report analyses the hygienic pumps and valves market across regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the hygienic pumps and valves market
Competitive Assessment:
In-depth assessment of the market position, growth strategies, and product offerings of leading players like Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), and SPX FLOW, Inc. (US), among others in the hygienic pumps and valves market
Strategies: The report also helps stakeholders understand the pulse of the hygienic pumps and valves market and provides information on key market drivers, restraints, challenges, and opportunities.
Content
Table of Contents
1INTRODUCTION30
1.1STUDY OBJECTIVES30
1.2MARKET DEFINITION30
1.2.1INCLUSIONS AND EXCLUSIONS31
1.3STUDY SCOPE32
1.3.1MARKETS COVERED32
FIGURE 1HYGIENIC PUMPS AND VALVES MARKET: SEGMENTATION32
1.3.2REGIONAL SCOPE32
FIGURE 2HYGIENIC PUMPS AND VALVES MARKET: REGIONS COVERED32
1.3.3YEARS CONSIDERED33
1.4CURRENCY AND PRICING33
1.5LIMITATIONS33
1.6STAKEHOLDERS34
1.7SUMMARY OF CHANGES34
1.8RECESSION IMPACT35
2RESEARCH METHODOLOGY36
2.1RESEARCH APPROACH36
FIGURE 3HYGIENIC PUMPS AND VALVES MARKET: RESEARCH DESIGN36
2.1.1SECONDARY AND PRIMARY RESEARCH37
FIGURE 4HYGIENIC PUMPS AND VALVES MARKET: RESEARCH APPROACH37
2.1.2SECONDARY DATA38
2.1.2.1List of major secondary sources38
2.1.2.2Key data from secondary sources38
2.1.3PRIMARY DATA39
2.1.3.1Primary interviews with experts39
2.1.3.2Key data from primary sources39
2.1.3.3Key industry insights40
2.1.3.4Breakdown of primaries41
2.2MARKET SIZE ESTIMATION41
2.2.1BOTTOM-UP APPROACH41
2.2.1.1Approach to derive market size by bottom-up analysis41
FIGURE 5HYGIENIC PUMPS AND VALVES MARKET: BOTTOM-UP APPROACH42
2.2.2TOP-DOWN APPROACH42
2.2.2.1Approach to derive market size by top-down analysis42
FIGURE 6HYGIENIC PUMPS AND VALVES MARKET: TOP-DOWN APPROACH43
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY FOR HYGIENIC PUMPS AND VALVES MARKET: SUPPLY-SIDE ANALYSIS43
2.3MARKET BREAKDOWN AND DATA TRIANGULATION44
FIGURE 8DATA TRIANGULATION44
2.4RESEARCH ASSUMPTIONS45
FIGURE 9ASSUMPTIONS45
2.5APPROACHES TO UNDERSTAND RECESSION IMPACT ON HYGIENIC PUMPS AND VALVES MARKET45
2.6RISK ASSESSMENT46
TABLE 1RISK ASSESSMENT46
3EXECUTIVE SUMMARY47
FIGURE 10HYGIENIC PUMPS AND VALVES MARKET, 2019–2028 (USD MILLION)47
FIGURE 11SINGLE-SEAT VALVES TO HOLD LARGEST MARKET SHARE FROM 2023 TO 202848
FIGURE 12AIR-ACTUATED HYGIENIC VALVES EXPECTED TO DOMINATE MARKET DURING FORECAST PERIOD48
FIGURE 13PROCESSED FOOD INDUSTRY TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD49
FIGURE 14ASIA PACIFIC TO RECORD HIGHEST CAGR FROM 2023 TO 202849
4PREMIUM INSIGHTS51
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYGIENIC PUMPS AND VALVES MARKET51
FIGURE 15GROWING PROCESSED FOOD INDUSTRY AND STRINGENT GOVERNMENT REGULATIONS TO DRIVE MARKET GROWTH51
4.2HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE51
FIGURE 16SINGLE-SEAT VALVES TO SECURE LARGEST MARKET SHARE FROM 2023 TO 202851
4.3HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY52
FIGURE 17PROCESSED FOOD INDUSTRY TO DOMINATE MARKET DURING FORECAST PERIOD52
4.4NORTH AMERICA HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE AND COUNTRY52
FIGURE 18SINGLE-SEAT VALVES AND US TO BE LARGEST MARKET SHAREHOLDERS IN NORTH AMERICA BY 202852
4.5HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY53
FIGURE 19CHINA TO EXHIBIT HIGHEST CAGR FROM 2023 TO 202853
5MARKET OVERVIEW54
5.1INTRODUCTION54
5.2MARKET DYNAMICS54
FIGURE 20GLOBAL HYGIENIC PUMPS AND VALVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES54
5.2.1DRIVERS55
5.2.1.1Stringent government regulations to maintain optimal hygiene standards55
5.2.1.2Rising demand for processed food & beverages55
5.2.1.3Expanding pharmaceutical industry56
FIGURE 21HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF DRIVERS57
5.2.2RESTRAINTS57
5.2.2.1Fluctuations in raw material prices57
FIGURE 22HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF RESTRAINTS57
5.2.3OPPORTUNITIES58
5.2.3.1Increasing focus of manufacturers on R&D activities to develop new and advanced pumps and valves58
5.2.3.2Growing adoption of IIoT in process industries58
FIGURE 23HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF OPPORTUNITIES59
5.2.4CHALLENGES59
5.2.4.1Rising competition from gray market players and unorganized sector59
FIGURE 24HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF CHALLENGES60
5.3VALUE CHAIN ANALYSIS60
FIGURE 25HYGIENIC PUMPS AND VALVES MARKET: VALUE CHAIN ANALYSIS60
5.4ECOSYSTEM ANALYSIS61
FIGURE 26HYGIENIC PUMPS AND VALVES MARKET: ECOSYSTEM61
TABLE 2HYGIENIC PUMPS AND VALVES MARKET: ECOSYSTEM62
5.5PRICING ANALYSIS63
TABLE 3AVERAGE SELLING PRICE OF HYGIENIC PUMPS AND VALVES63
5.5.1AVERAGE SELLING PRICE TREND64
FIGURE 27AVERAGE SELLING PRICE TREND OF HYGIENIC VALVES, 2022–202864
5.5.2AVERAGE SELLING PRICE TREND, BY KEY PLAYER64
FIGURE 28AVERAGE SELLING PRICE OF HYGIENIC VALVES OFFERED BY KEY PLAYER64
TABLE 4AVERAGE SELLING PRICE OF HYGIENIC VALVES OFFERED BY KEY PLAYERS (USD)65
TABLE 5AVERAGE SELLING PRICE OF HYGIENIC VALVES, BY REGION (USD)65
5.6TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS65
FIGURE 29REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN HYGIENIC PUMPS AND VALVES MARKET65
5.7TECHNOLOGY ANALYSIS66
5.7.1PREDICTIVE MAINTENANCE66
5.7.2IIOT66
5.7.3SMART VALVE POSITIONERS67
5.8PORTER’S FIVE FORCE ANALYSIS67
TABLE 6HYGIENIC PUMPS AND VALVES MARKET: PORTER’S FIVE FORCES ANALYSIS, 202267
FIGURE 30HYGIENIC PUMPS AND VALVES MARKET: PORTER'S FIVE FORCES ANALYSIS68
5.9KEY STAKEHOLDERS & BUYING CRITERIA69
5.9.1KEY STAKEHOLDERS ON BUYING PROCESS69
FIGURE 31INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE INDUSTRIES69
TABLE 7INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES69
5.9.2BUYING CRITERIA70
FIGURE 32KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES70
TABLE 8KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS70
5.10CASE STUDY ANALYSIS70
TABLE 9GEA GROUP AKTIENGESELLSCHAFT PROVIDES VALVES TO G. SCHNEIDER & SOHN70
TABLE 10INOXPA S.A.U. PROVIDES NEW PROCESSING EQUIPMENT AND VALVE MANIFOLDS TO CALIDAD PASCUAL S.A.71
TABLE 11BEAR REPUBLIC BREWERY USES GEA HILGE HYGIA PUMPS TO FOCUS ON EFFICIENCY71
TABLE 12LARGE SWEETS MANUFACTURER USES SLH TWIN SCREW PUMP BY ITT BORNEMANN TO SOLVE ITS WEAR ISSUE71
TABLE 13SYMRISE PVT. LTD. BUILDS NEW PRODUCTION PLANT72
5.11TRADE ANALYSIS72
5.11.1TRADE ANALYSIS FOR VALVES72
FIGURE 33IMPORT VALUE OF VALVES, BY COUNTRY, 2018–2022 (USD MILLION)72
FIGURE 34EXPORT VALUE OF VALVES, BY COUNTRY, 2018–2022 (USD MILLION)73
5.11.2TRADE ANALYSIS FOR PUMPS73
FIGURE 35IMPORT VALUE OF PUMPS, BY COUNTRY, 2018–2022 (USD MILLION)73
FIGURE 36EXPORT VALUE OF PUMPS, BY COUNTRY, 2018–2022 (USD MILLION)74
5.12PATENT ANALYSIS74
FIGURE 37TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS74
TABLE 14US: TOP 20 PATENT OWNERS IN LAST 10 YEARS74
FIGURE 38NUMBER OF PATENTS GRANTED PER YEAR, 2013–202275
TABLE 15HYGIENIC PUMPS AND VALVES MARKET: LIST OF PATENTS, 2019–202276
5.13KEY CONFERENCES & EVENTS, 2023–202478
TABLE 16HYGIENIC PUMPS AND VALVES MARKET: DETAILED LIST OF CONFERENCES & EVENTS78
5.14TARIFF AND REGULATORY LANDSCAPE78
5.14.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 17NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 18EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS79
TABLE 19ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 20ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
5.14.2REGULATORY STANDARDS81
TABLE 21STANDARDS FOR HYGIENIC PUMPS AND VALVES MARKET81
6HYGIENIC PUMPS AND VALVES MARKET, BY PUMP TYPE82
6.1INTRODUCTION82
FIGURE 39HYGIENIC PUMPS AND VALVES MARKET, BY PUMP TYPE82
6.2CENTRIFUGAL PUMPS82
6.2.1WIDELY USED FOR TRANSFERRING LOW VISCOUS FLUIDS82
6.3POSITIVE DISPLACEMENT PUMPS83
6.3.1HIGHLY EFFICIENT AND EASY TO OPERATE83
6.3.2DIAPHRAGM PUMPS84
6.3.2.1Air-powered operation, safe design, and high efficiency84
6.3.3TWIN SCREW PUMPS84
6.3.3.1High versatility and flexibility84
6.3.4PERISTALTIC PUMPS85
6.3.4.1Growing need for gentle transfer of sterile and shear-sensitive fluids85
6.3.5ROTARY LOBE PUMPS85
6.3.5.1Ideal for fluids with high viscosity85
6.3.6PROGRESSIVE CAVITY PUMPS86
6.3.6.1High accuracy in dosing applications86
6.3.7ECCENTRIC DISC PUMPS86
6.3.7.1Handles low and high viscous fluids86
6.3.8OTHERS86
7COMPONENTS OF HYGIENIC VALVES87
7.1INTRODUCTION87
FIGURE 40KEY COMPONENTS OF HYGIENIC VALVES87
7.2VALVE BODY87
7.2.1PROVIDES FRAMEWORK TO HOLD ALL INTEGRAL COMPONENTS87
7.3ACTUATORS88
7.3.1PREFERRED FOR HIGH-PRECISION APPLICATIONS88
7.4CONTROL TOPS88
7.4.1MONITORS PERFORMANCE OF DIFFERENT VALVE TYPES88
7.5POSITIONERS89
7.5.1DETERMINES CORRECT VALVE POSITIONING89
7.6OTHER COMPONENTS89
8HYGIENIC PUMPS AND VALVES MARKET, BY MATERIAL TYPE90
8.1INTRODUCTION90
FIGURE 41HYGIENIC PUMPS AND VALVES MARKET, BY MATERIAL TYPE90
8.2STAINLESS STEEL91
8.2.1STRONG AND FLEXIBLE PROPERTIES OF STEEL91
8.3BRONZE91
8.3.1HIGH CORROSION RESISTANCE AND INEXPENSIVE NATURE OF BRONZE91
8.4COPPER91
8.4.1HIGH DUCTILITY AND ELECTRICAL CONDUCTIVITY OF COPPER91
9HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE93
9.1INTRODUCTION94
FIGURE 42HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE94
FIGURE 43SINGLE-SEAT VALVES TO HOLD LARGEST MARKET SHARE FROM 2023 TO 202894
TABLE 22HYGIENIC VALVES AND PUMPS MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)95
TABLE 23HYGIENIC VALVES AND PUMPS MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)95
9.2SINGLE-SEAT VALVES95
9.2.1INCREASING DEMAND FOR SMALL FLOW RATE APPLICATIONS95
TABLE 24SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)96
TABLE 25SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)96
TABLE 26SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)96
TABLE 27SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)97
9.3DOUBLE-SEAT VALVES97
9.3.1RISING ADOPTION OF SUPERIOR HYGIENE AND CLEANLINESS STANDARDS97
TABLE 28DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)98
TABLE 29DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)98
TABLE 30DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)98
TABLE 31DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)98
9.4BUTTERFLY VALVES99
9.4.1INCREASING DEMAND FOR COST-EFFECTIVE VALVES99
TABLE 32BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)99
TABLE 33BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)99
TABLE 34BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)100
TABLE 35BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)100
9.5DIAPHRAGM VALVES100
9.5.1HIGH ADOPTION IN PHARMACEUTICAL INDUSTRY100
TABLE 36DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)101
TABLE 37DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)101
TABLE 38DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)101
TABLE 39DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)102
9.6CONTROL VALVES102
9.6.1GROWING ADOPTION FOR CRITICAL OPERATIONS AND ENHANCED SAFETY102
TABLE 40CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)103
TABLE 41CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)103
TABLE 42CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)103
TABLE 43CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)103
9.7OTHER VALVES104
TABLE 44OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)104
TABLE 45OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)105
TABLE 46OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)105
TABLE 47OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)105
10HYGIENIC PUMPS AND VALVES MARKET, BY HYGIENE CLASS106
10.1INTRODUCTION106
FIGURE 44HYGIENIC PUMPS AND VALVES MARKET, BY HYGIENE CLASS106
10.2STANDARD106
10.2.1GROWING NEED TO MAINTAIN HIGH LEVEL OF HYGIENE ACROSS INDUSTRIES106
10.3ASEPTIC107
10.3.1INCREASING FOCUS ON PREVENTING CONTAMINATION AND ENSURING PRODUCT STERILIZATION107
10.4ULTRACLEAN107
10.4.1HIGHER SAFETY AND QUALITY PROTECTION OFFERED BY ULTRACLEAN HYGIENE CLASS107
11HYGIENIC PUMPS AND VALVES MARKET, BY FUNCTION108
11.1INTRODUCTION108
FIGURE 45HYGIENIC PUMPS AND VALVES MARKET, BY FUNCTION108
11.2SHUT-OFF/ISOLATION108
11.2.1FACILITATES START AND STOP FLOW OF FLUIDS108
11.3DIVERT109
11.3.1OFFERS EASE OF OPERATION AND HIGH FLEXIBILITY109
11.4SAMPLING109
11.4.1ALLOWS SAMPLE EXTRACTION FOR QUALITY TESTING AND ANALYSIS109
11.5OTHERS109
12HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE110
12.1INTRODUCTION111
FIGURE 46HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE111
FIGURE 47AIR-ACTUATED HYGIENIC VALVES TO DOMINATE THROUGHOUT FORECAST PERIOD111
TABLE 48HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)111
TABLE 49HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)112
12.2MANUAL112
12.2.1RISING DEMAND FOR RELIABLE AND COST-EFFECTIVE VALVES112
TABLE 50MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)112
TABLE 51MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)113
TABLE 52MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)113
TABLE 53MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)113
12.3AIR-ACTUATED114
12.3.1RISING FOCUS ON PROCESS AUTOMATION114
TABLE 54AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)114
TABLE 55AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)114
TABLE 56AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)115
TABLE 57AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)115
13HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY116
13.1INTRODUCTION117
FIGURE 48HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY117
FIGURE 49PROCESSED FOOD INDUSTRY TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD117
TABLE 58HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)118
TABLE 59HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)118
13.2PROCESSED FOOD119
13.2.1INCREASING INVESTMENTS TO BOOST PROCESSED FOOD INDUSTRY119
TABLE 60PROCESSED FOOD: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)119
TABLE 61PROCESSED FOOD: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)119
13.3DAIRY120
13.3.1RISING GOVERNMENT INITIATIVES AND INVESTMENTS120
TABLE 62DAIRY: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)120
TABLE 63DAIRY: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)121
13.4ALCOHOLIC BEVERAGE121
13.4.1INCREASING HYGIENE AWARENESS IN ALCOHOLIC BEVERAGE INDUSTRY121
TABLE 64ALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)122
TABLE 65ALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)122
13.5NONALCOHOLIC BEVERAGE122
13.5.1GROWING INVESTMENTS BY COUNTRIES TO STRENGTHEN NONALCOHOLIC BEVERAGE INDUSTRY122
TABLE 66NONALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)123
TABLE 67NONALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)123
13.6PHARMACEUTICAL124
13.6.1STRINGENT QUALITY AND SAFETY STANDARDS IN PHARMACEUTICAL INDUSTRY124
TABLE 68PHARMACEUTICAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)124
TABLE 69PHARMACEUTICAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)125
13.7OTHER END-USER INDUSTRIES125
TABLE 70OTHER END-USER INDUSTRIES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)126
TABLE 71OTHER END-USER INDUSTRIES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)126
14HYGIENIC PUMPS AND VALVES MARKET, BY REGION127
14.1INTRODUCTION128
FIGURE 50HYGIENIC PUMPS AND VALVES MARKET, BY REGION128
FIGURE 51CHINA TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028129
TABLE 72HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)129
TABLE 73HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)129
14.2NORTH AMERICA130
14.2.1IMPACT OF RECESSION130
FIGURE 52NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET SNAPSHOT131
FIGURE 53US TO ACCOUNT FOR LARGEST SHARE IN NORTH AMERICA THROUGHOUT FORECAST PERIOD131
TABLE 74NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)132
TABLE 75NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)132
TABLE 76NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)132
TABLE 77NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)133
TABLE 78NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)133
TABLE 79NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)133
TABLE 80NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)134
TABLE 81NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)134
14.2.2US134
14.2.2.1Expansion of pharmaceutical manufacturing industry134
14.2.3CANADA135
14.2.3.1Growth in food & beverage industry135
14.2.4MEXICO135
14.2.4.1Attractive opportunities in manufacturing sector135
14.3EUROPE136
14.3.1IMPACT OF RECESSION136
FIGURE 54EUROPE: HYGIENIC PUMPS AND VALVES MARKET SNAPSHOT137
FIGURE 55GERMANY TO SECURE LARGEST MARKET SHARE IN EUROPE THROUGHOUT FORECAST PERIOD138
TABLE 82EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)138
TABLE 83EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)138
TABLE 84EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)139
TABLE 85EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)139
TABLE 86EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)139
TABLE 87EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)140
TABLE 88EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)140
TABLE 89EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)140
14.3.2GERMANY141
14.3.2.1Increasing pharmaceutical manufacturing sites141
14.3.3UK141
14.3.3.1Rapid growth in processed food and nonalcoholic beverage industry141
14.3.4FRANCE142
14.3.4.1Thriving cosmetics industry142
14.3.5ITALY142
14.3.5.1Fast-growing processed food industry142
14.3.6BENELUX143
14.3.6.1Strong presence of key chemical and pharmaceutical companies143
14.3.7REST OF EUROPE143
14.4ASIA PACIFIC144
14.4.1IMPACT OF RECESSION144
FIGURE 56ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET SNAPSHOT145
FIGURE 57CHINA TO RECORD HIGHEST CAGR IN ASIA PACIFIC DURING FORECAST PERIOD146
TABLE 90ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)146
TABLE 91ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)146
TABLE 92ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)147
TABLE 93ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)147
TABLE 94ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)147
TABLE 95ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)148
TABLE 96ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)148
TABLE 97ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)148
14.4.2CHINA149
14.4.2.1Strong manufacturing sector149
14.4.3JAPAN149
14.4.3.1Rising investments in pharmaceutical industry149
14.4.4INDIA150
14.4.4.1Strong dairy and pharmaceutical industries150
14.4.5SOUTH KOREA150
14.4.5.1Increased use of hygienic pumps and valves in chemical industry150
14.4.6AUSTRALIA151
14.4.6.1Rising demand for processed food products151
14.4.7REST OF ASIA PACIFIC151
14.5ROW151
14.5.1IMPACT OF RECESSION152
FIGURE 58MIDDLE EAST & AFRICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD152
TABLE 98ROW: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)152
TABLE 99ROW: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)153
TABLE 100ROW: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)153
TABLE 101ROW: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)153
TABLE 102ROW: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)154
TABLE 103ROW: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)154
TABLE 104ROW: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)154
TABLE 105ROW: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)155
14.5.2MIDDLE EAST & AFRICA155
14.5.2.1High demand from pharmaceutical and chemical industries155
14.5.3SOUTH AMERICA155
14.5.3.1Growing processed food industry155
15COMPETITIVE LANDSCAPE157
15.1INTRODUCTION157
15.2STRATEGIES ADOPTED BY KEY PLAYERS157
TABLE 106OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS157
15.3TOP FIVE COMPANY REVENUE ANALYSIS158
FIGURE 59HYGIENIC PUMPS AND VALVES MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2017–2021158
15.4MARKET SHARE ANALYSIS, 2022159
TABLE 107HYGIENIC PUMPS AND VALVES MARKET SHARE ANALYSIS (2022)159
FIGURE 60SHARE OF KEY PLAYERS IN HYGIENIC PUMPS AND VALVES MARKET, 2022159
15.5COMPANY EVALUATION QUADRANT, 2022161
15.5.1STARS161
15.5.2EMERGING LEADERS161
15.5.3PERVASIVE PLAYERS161
15.5.4PARTICIPANTS161
FIGURE 61HYGIENIC PUMPS AND VALVES MARKET: COMPANY EVALUATION QUADRANT, 2022162
15.6COMPANY EVALUATION QUADRANT FOR SMES, 2022162
15.6.1PROGRESSIVE COMPANIES162
15.6.2RESPONSIVE COMPANIES162
15.6.3DYNAMIC COMPANIES163
15.6.4STARTING BLOCKS163
FIGURE 62HYGIENIC PUMPS AND VALVES MARKET: COMPANY EVALUATION QUADRANT FOR SMES, 2022163
15.7HYGIENIC PUMPS AND VALVES MARKET: COMPANY FOOTPRINT164
TABLE 108COMPANY FOOTPRINT164
TABLE 109PRODUCT: COMPANY FOOTPRINT165
TABLE 110END-USER INDUSTRY: COMPANY FOOTPRINT166
TABLE 111REGION: COMPANY FOOTPRINT167
15.8COMPETITIVE BENCHMARKING168
TABLE 112HYGIENIC PUMPS AND VALVES MARKET: DETAILED LIST OF KEY STARTUPS/SMES168
TABLE 113HYGIENIC PUMPS AND VALVES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES168
15.9COMPETITIVE SITUATIONS AND TRENDS169
15.9.1HYGIENIC PUMPS AND VALVES MARKET: PRODUCT LAUNCHES169
15.9.2HYGIENIC PUMPS AND VALVES MARKET: DEALS172
16COMPANY PROFILES173
16.1KEY PLAYERS173
(Business overview, Products offered, Recent developments, MnM view, Key strengths/ Right to win, Strategic choices, and Weaknesses and competitive threats)*
16.1.1ALFA LAVAL173
TABLE 114ALFA LAVAL: BUSINESS OVERVIEW173
FIGURE 63ALFA LAVAL: COMPANY SNAPSHOT174
TABLE 115ALFA LAVAL: PRODUCTS OFFERED174
TABLE 116ALFA LAVAL: PRODUCT LAUNCHES176
16.1.2GEA GROUP AKTIENGESELLSCHAFT178
TABLE 117GEA GROUP AKTIENGESELLSCHAFT: BUSINESS OVERVIEW178
FIGURE 64GEA GROUP AKTIENGESELLSCHAFT: COMPANY SNAPSHOT179
TABLE 118GEA GROUP AKTIENGESELLSCHAFT: PRODUCTS OFFERED179
TABLE 119GEA GROUP AKTIENGESELLSCHAFT: PRODUCT LAUNCHES181
16.1.3SPX FLOW, INC.183
TABLE 120SPX FLOW, INC.: BUSINESS OVERVIEW183
FIGURE 65SPX FLOW, INC.: COMPANY SNAPSHOT184
TABLE 121SPX FLOW, INC.: PRODUCTS OFFERED184
TABLE 122SPX FLOW, INC.: PRODUCT LAUNCHES186
TABLE 123SPX FLOW, INC.: DEALS187
16.1.4CHRISTIAN BÜRKERT GMBH & CO. KG189
TABLE 124CHRISTIAN BÜRKERT GMBH & CO. KG: BUSINESS OVERVIEW189
TABLE 125CHRISTIAN BÜRKERT GMBH & CO. KG: PRODUCTS OFFERED189
16.1.5EMERSON ELECTRIC CO.190
TABLE 126EMERSON ELECTRIC CO.: BUSINESS OVERVIEW190
FIGURE 66EMERSON ELECTRIC CO.: COMPANY SNAPSHOT191
TABLE 127EMERSON ELECTRIC CO.: PRODUCTS OFFERED191
TABLE 128EMERSON ELECTRIC CO.: PRODUCT LAUNCHES192
16.1.6EVOGUARD GMBH193
TABLE 129EVOGUARD GMBH: BUSINESS OVERVIEW193
TABLE 130EVOGUARD GMBH: PRODUCTS OFFERED193
16.1.7FLOWSERVE CORPORATION194
TABLE 131FLOWSERVE CORPORATION: BUSINESS OVERVIEW194
FIGURE 67FLOWSERVE CORPORATION: COMPANY SNAPSHOT195
TABLE 132FLOWSERVE CORPORATION: PRODUCTS OFFERED195
TABLE 133FLOWSERVE CORPORATION: PRODUCT LAUNCHES196
TABLE 134FLOWSERVE CORPORATION: DEALS197
16.1.8GEMÜ GROUP198
TABLE 135GEMÜ GROUP: BUSINESS OVERVIEW198
TABLE 136GEMÜ GROUP: PRODUCTS OFFERED198
TABLE 137GEMÜ GROUP: PRODUCT LAUNCHES199
16.1.9INOXPA S.A.U.200
TABLE 138INOXPA S.A.U.: BUSINESS OVERVIEW200
TABLE 139INOXPA S.A.U.: PRODUCTS OFFERED200
TABLE 140INOXPA S.A.U.: PRODUCT LAUNCHES201
16.1.10ITT INC.202
TABLE 141ITT INC.: BUSINESS OVERVIEW202
FIGURE 68ITT INC.: COMPANY SNAPSHOT203
TABLE 142ITT INC.: PRODUCTS OFFERED203
TABLE 143ITT INC.: PRODUCT LAUNCHES204
TABLE 144ITT INC.: DEALS204
16.1.11KIESELMANN GMBH205
TABLE 145KIESELMANN GMBH: BUSINESS OVERVIEW205
TABLE 146KIESELMANN GMBH: PRODUCTS OFFERED205
16.1.12KSB SE & CO. KGAA207
TABLE 147KSB SE & CO. KGAA: BUSINESS OVERVIEW207
FIGURE 69KSB SE & CO. KGAA.: COMPANY SNAPSHOT208
TABLE 148KSB SE & CO. KGAA: PRODUCTS OFFERED208
TABLE 149KSB SE & CO. KGAA: PRODUCT LAUNCHES209
TABLE 150KSB SE & CO. KGAA: OTHERS209
16.1.13NEUMO EHRENBERG GROUP210
TABLE 151NEUMO EHRENBERG GROUP: BUSINESS OVERVIEW210
TABLE 152NEUMO EHRENBERG GROUP: PRODUCTS OFFERED210
16.1.14SAMSON AG212
TABLE 153SAMSON AG: BUSINESS OVERVIEW212
TABLE 154SAMSON AG: PRODUCTS OFFERED212
16.1.15SPIRAX-SARCO ENGINEERING PLC213
TABLE 155SPIRAX-SARCO ENGINEERING PLC: BUSINESS OVERVIEW213
FIGURE 70SPIRAX-SARCO ENGINEERING PLC: COMPANY SNAPSHOT214
TABLE 156SPIRAX-SARCO ENGINEERING PLC: PRODUCTS OFFERED214
TABLE 157SPIRAX-SARCO ENGINEERING PLC: PRODUCT LAUNCHES215
16.2OTHER PLAYERS216
16.2.1ADAMANT VALVES216
16.2.2BARDIANI VALVOLE S.P.A.217
16.2.3CIPRIANI HARRISON VALVES217
16.2.4DFT INC.218
16.2.5DIXON VALVE & COUPLING COMPANY, LLC219
16.2.6DONJOY TECHNOLOGY CO., LTD.220
16.2.7HAITIMA CORPORATION220
16.2.8HANNINGFIELD221
16.2.9JONENG VALVES CO., LTD.222
16.2.10STERIFLOW VALVE223
16.2.11TAPFLO GROUP223
*Details on Business overview, Products offered, Recent developments, MnM view, Key strengths/ Right to win, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
17ADJACENT AND RELATED MARKETS224
17.1INTRODUCTION224
17.2INDUSTRIAL VALVES MARKET: BY REGION224
17.2.1INTRODUCTION224
TABLE 158INDUSTRIAL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)224
TABLE 159INDUSTRIAL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)225
17.3NORTH AMERICA225
TABLE 160NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)226
TABLE 161NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)226
TABLE 162NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)226
TABLE 163NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)227
17.3.1US227
17.3.1.1Aging water & wastewater infrastructure in US to accelerate market growth227
17.3.2CANADA228
17.3.2.1Rising adoption of valves in oil & gas sector to contribute to market growth228
17.3.3MEXICO229
17.3.3.1Thriving semiconductor industry to boost growth229
18APPENDIX230
18.1INSIGHTS FROM INDUSTRY EXPERTS230
18.2DISCUSSION GUIDE231
18.3KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL234
18.4CUSTOMIZATION OPTIONS236
18.5RELATED REPORTS236
18.6AUTHOR DETAILS237
" Double-seat valves segment is projected to hold significant share during the forecast period"
Double-seat valves are bottom- and top-guided valves designed to handle the simultaneous flow of two different liquids or fluids through the same valve without the risk of cross-contamination at a critical pipeline junction. These valves comprise two seals and two plugs, which are used to separate the flow of liquids and prevent cross-contamination. In these valves, the pressure acts upward in one plug and downward in another, due to which the force is balanced.
The space between the seals forms a leakage chamber in every working condition at atmospheric pressure. Double-seat valves have a unique characteristic of handling the flow of two fluids passing through the identical valves without the risk of cross-contamination, which makes them distinct from other types of hygienic valves. These valves provide exceptional operation, high customizability, and enhanced cleanability to help meet the high hygiene requirement in various industrial processes.
"Pharmaceutical end-user industry to grow at the highest CAGR during the forecast period"
The pharmaceutical industry makes significant contributions to the prosperity of any nation's economy. The pharmaceutical industry has produced some of the most important innovations and achievements in modern medicine, with many new technologies using cellular and biomolecular processes to help improve people's lives and the Earth's health. Therefore, it is necessary to ensure that the products manufactured in this industry are safe and of high quality.
Companies need better control over operational excellence to align with the innovations in the industry. Maintaining a safe, consistent, and efficient manufacturing process is essential to ensure the highest quality of products.
"The market in Europe is expected to grow at steady CAGR during the forecast period"
The hygienic pumps and valves market in Europe is segmented into countries such as the UK, France, Germany, Italy, Benelux, and the Rest of Europe. With the increasing awareness and importance of maintaining hygienic standards across these industries, The European Hygienic Engineering & Design Group (EHEDG), a global network of equipment manufacturers, processed food companies, research institutes, and public health authorities, set the EHEDG guidelines with the aim of promoting hygiene during the production, processing, and packaging of food products. These guidelines are followed by most hygienic pumps and valves manufacturers across the globe to offer the best possible sanitary standards through their product offerings.
Breakdown of the profiles of primary participants:
•By Company Type: Tier 1 - 42%, Tier 2 - 35%, and Tier 3 - 23%
•By Designation: C-level Executives - 45%, Directors - 32%, and Others - 23%
•By Region: North America - 34%, Europe - 30%, Asia Pacific - 27%, and RoW – 9%
Major players profiled in this report are as follows: Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), SPX FLOW, Inc. (US), Emerson Electric Co. (US), Spirax-Sarco Engineering plc (UK), Flowserve Corporation (US), ITT Inc. (US), KSB SE & Co. KGaA (Germany), Christian Bürkert GmbH & Co. KG (Germany), GEMÜ Group (Germany), and SAMSON AG (Germany) and others.
Research Coverage
This report has segmented the hygienic pumps and valves market based on pump type, component, material type, valve type, hygiene class, function, operation mode, end-user industry, and region. Based on pump type, the hygienic pumps and valves market has been segmented into centrifugal and positive displacement. The market has been segmented based on valve type into single-seat, double-seat, butterfly, diaphragm, control, and other valves.
The market has been segmented into standard, aseptic, and ultraclean based on hygiene class. The market has been segmented based on function into shut off/ isolation, divert, sampling, and others. The market has been segmented into stainless steel, copper, and bronze based on material type. Based on the operation mode, the market has been segmented into manual and air-actuated. Based on the end-user industry, the market has been segmented into processed food, dairy, alcoholic beverage, nonalcoholic beverage, pharmaceuticals, and other end-user industries. The study also forecasts the market size in four key regions—North America, Europe, Asia Pacific, and RoW.
Key Benefits of Buying the Report:
The report provides insights on the following pointers:
Analysis of key drivers ( Stringent government regulations to maintain optimal hygiene standards are driving the demand for hygienic equipment, Rising demand for processed food & beverages globally, Rising pharmaceutical industry to fuel the demand for hygienic pumps and valves), restraints (Fluctuations in raw material prices), opportunities (The increasing focus of manufacturers on R&D activities to develop new and advanced pumps and valves, Growing adoption of IIoT in process industries) and challenges (Rising competition from gray market players and unorganized sector) influencing the growth of the hygienic pumps and valves market
Product Development/Innovation:
Detailed insights on upcoming products, technologies, research & development activities, funding activities, industry partnerships, and new product launches in the hygienic pumps and valves market
Market Development:
Comprehensive information about lucrative markets – the report analyses the hygienic pumps and valves market across regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Market Diversification: Exhaustive information about new products & technologies, untapped geographies, recent developments, and investments in the hygienic pumps and valves market
Competitive Assessment:
In-depth assessment of the market position, growth strategies, and product offerings of leading players like Alfa Laval (Sweden), GEA Group Aktiengesellschaft (Germany), and SPX FLOW, Inc. (US), among others in the hygienic pumps and valves market
Strategies: The report also helps stakeholders understand the pulse of the hygienic pumps and valves market and provides information on key market drivers, restraints, challenges, and opportunities.
1INTRODUCTION30
1.1STUDY OBJECTIVES30
1.2MARKET DEFINITION30
1.2.1INCLUSIONS AND EXCLUSIONS31
1.3STUDY SCOPE32
1.3.1MARKETS COVERED32
FIGURE 1HYGIENIC PUMPS AND VALVES MARKET: SEGMENTATION32
1.3.2REGIONAL SCOPE32
FIGURE 2HYGIENIC PUMPS AND VALVES MARKET: REGIONS COVERED32
1.3.3YEARS CONSIDERED33
1.4CURRENCY AND PRICING33
1.5LIMITATIONS33
1.6STAKEHOLDERS34
1.7SUMMARY OF CHANGES34
1.8RECESSION IMPACT35
2RESEARCH METHODOLOGY36
2.1RESEARCH APPROACH36
FIGURE 3HYGIENIC PUMPS AND VALVES MARKET: RESEARCH DESIGN36
2.1.1SECONDARY AND PRIMARY RESEARCH37
FIGURE 4HYGIENIC PUMPS AND VALVES MARKET: RESEARCH APPROACH37
2.1.2SECONDARY DATA38
2.1.2.1List of major secondary sources38
2.1.2.2Key data from secondary sources38
2.1.3PRIMARY DATA39
2.1.3.1Primary interviews with experts39
2.1.3.2Key data from primary sources39
2.1.3.3Key industry insights40
2.1.3.4Breakdown of primaries41
2.2MARKET SIZE ESTIMATION41
2.2.1BOTTOM-UP APPROACH41
2.2.1.1Approach to derive market size by bottom-up analysis41
FIGURE 5HYGIENIC PUMPS AND VALVES MARKET: BOTTOM-UP APPROACH42
2.2.2TOP-DOWN APPROACH42
2.2.2.1Approach to derive market size by top-down analysis42
FIGURE 6HYGIENIC PUMPS AND VALVES MARKET: TOP-DOWN APPROACH43
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY FOR HYGIENIC PUMPS AND VALVES MARKET: SUPPLY-SIDE ANALYSIS43
2.3MARKET BREAKDOWN AND DATA TRIANGULATION44
FIGURE 8DATA TRIANGULATION44
2.4RESEARCH ASSUMPTIONS45
FIGURE 9ASSUMPTIONS45
2.5APPROACHES TO UNDERSTAND RECESSION IMPACT ON HYGIENIC PUMPS AND VALVES MARKET45
2.6RISK ASSESSMENT46
TABLE 1RISK ASSESSMENT46
3EXECUTIVE SUMMARY47
FIGURE 10HYGIENIC PUMPS AND VALVES MARKET, 2019–2028 (USD MILLION)47
FIGURE 11SINGLE-SEAT VALVES TO HOLD LARGEST MARKET SHARE FROM 2023 TO 202848
FIGURE 12AIR-ACTUATED HYGIENIC VALVES EXPECTED TO DOMINATE MARKET DURING FORECAST PERIOD48
FIGURE 13PROCESSED FOOD INDUSTRY TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD49
FIGURE 14ASIA PACIFIC TO RECORD HIGHEST CAGR FROM 2023 TO 202849
4PREMIUM INSIGHTS51
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYGIENIC PUMPS AND VALVES MARKET51
FIGURE 15GROWING PROCESSED FOOD INDUSTRY AND STRINGENT GOVERNMENT REGULATIONS TO DRIVE MARKET GROWTH51
4.2HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE51
FIGURE 16SINGLE-SEAT VALVES TO SECURE LARGEST MARKET SHARE FROM 2023 TO 202851
4.3HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY52
FIGURE 17PROCESSED FOOD INDUSTRY TO DOMINATE MARKET DURING FORECAST PERIOD52
4.4NORTH AMERICA HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE AND COUNTRY52
FIGURE 18SINGLE-SEAT VALVES AND US TO BE LARGEST MARKET SHAREHOLDERS IN NORTH AMERICA BY 202852
4.5HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY53
FIGURE 19CHINA TO EXHIBIT HIGHEST CAGR FROM 2023 TO 202853
5MARKET OVERVIEW54
5.1INTRODUCTION54
5.2MARKET DYNAMICS54
FIGURE 20GLOBAL HYGIENIC PUMPS AND VALVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES54
5.2.1DRIVERS55
5.2.1.1Stringent government regulations to maintain optimal hygiene standards55
5.2.1.2Rising demand for processed food & beverages55
5.2.1.3Expanding pharmaceutical industry56
FIGURE 21HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF DRIVERS57
5.2.2RESTRAINTS57
5.2.2.1Fluctuations in raw material prices57
FIGURE 22HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF RESTRAINTS57
5.2.3OPPORTUNITIES58
5.2.3.1Increasing focus of manufacturers on R&D activities to develop new and advanced pumps and valves58
5.2.3.2Growing adoption of IIoT in process industries58
FIGURE 23HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF OPPORTUNITIES59
5.2.4CHALLENGES59
5.2.4.1Rising competition from gray market players and unorganized sector59
FIGURE 24HYGIENIC PUMPS AND VALVES MARKET: IMPACT ANALYSIS OF CHALLENGES60
5.3VALUE CHAIN ANALYSIS60
FIGURE 25HYGIENIC PUMPS AND VALVES MARKET: VALUE CHAIN ANALYSIS60
5.4ECOSYSTEM ANALYSIS61
FIGURE 26HYGIENIC PUMPS AND VALVES MARKET: ECOSYSTEM61
TABLE 2HYGIENIC PUMPS AND VALVES MARKET: ECOSYSTEM62
5.5PRICING ANALYSIS63
TABLE 3AVERAGE SELLING PRICE OF HYGIENIC PUMPS AND VALVES63
5.5.1AVERAGE SELLING PRICE TREND64
FIGURE 27AVERAGE SELLING PRICE TREND OF HYGIENIC VALVES, 2022–202864
5.5.2AVERAGE SELLING PRICE TREND, BY KEY PLAYER64
FIGURE 28AVERAGE SELLING PRICE OF HYGIENIC VALVES OFFERED BY KEY PLAYER64
TABLE 4AVERAGE SELLING PRICE OF HYGIENIC VALVES OFFERED BY KEY PLAYERS (USD)65
TABLE 5AVERAGE SELLING PRICE OF HYGIENIC VALVES, BY REGION (USD)65
5.6TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS65
FIGURE 29REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN HYGIENIC PUMPS AND VALVES MARKET65
5.7TECHNOLOGY ANALYSIS66
5.7.1PREDICTIVE MAINTENANCE66
5.7.2IIOT66
5.7.3SMART VALVE POSITIONERS67
5.8PORTER’S FIVE FORCE ANALYSIS67
TABLE 6HYGIENIC PUMPS AND VALVES MARKET: PORTER’S FIVE FORCES ANALYSIS, 202267
FIGURE 30HYGIENIC PUMPS AND VALVES MARKET: PORTER'S FIVE FORCES ANALYSIS68
5.9KEY STAKEHOLDERS & BUYING CRITERIA69
5.9.1KEY STAKEHOLDERS ON BUYING PROCESS69
FIGURE 31INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE INDUSTRIES69
TABLE 7INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES69
5.9.2BUYING CRITERIA70
FIGURE 32KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES70
TABLE 8KEY BUYING CRITERIA FOR TOP THREE APPLICATIONS70
5.10CASE STUDY ANALYSIS70
TABLE 9GEA GROUP AKTIENGESELLSCHAFT PROVIDES VALVES TO G. SCHNEIDER & SOHN70
TABLE 10INOXPA S.A.U. PROVIDES NEW PROCESSING EQUIPMENT AND VALVE MANIFOLDS TO CALIDAD PASCUAL S.A.71
TABLE 11BEAR REPUBLIC BREWERY USES GEA HILGE HYGIA PUMPS TO FOCUS ON EFFICIENCY71
TABLE 12LARGE SWEETS MANUFACTURER USES SLH TWIN SCREW PUMP BY ITT BORNEMANN TO SOLVE ITS WEAR ISSUE71
TABLE 13SYMRISE PVT. LTD. BUILDS NEW PRODUCTION PLANT72
5.11TRADE ANALYSIS72
5.11.1TRADE ANALYSIS FOR VALVES72
FIGURE 33IMPORT VALUE OF VALVES, BY COUNTRY, 2018–2022 (USD MILLION)72
FIGURE 34EXPORT VALUE OF VALVES, BY COUNTRY, 2018–2022 (USD MILLION)73
5.11.2TRADE ANALYSIS FOR PUMPS73
FIGURE 35IMPORT VALUE OF PUMPS, BY COUNTRY, 2018–2022 (USD MILLION)73
FIGURE 36EXPORT VALUE OF PUMPS, BY COUNTRY, 2018–2022 (USD MILLION)74
5.12PATENT ANALYSIS74
FIGURE 37TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS74
TABLE 14US: TOP 20 PATENT OWNERS IN LAST 10 YEARS74
FIGURE 38NUMBER OF PATENTS GRANTED PER YEAR, 2013–202275
TABLE 15HYGIENIC PUMPS AND VALVES MARKET: LIST OF PATENTS, 2019–202276
5.13KEY CONFERENCES & EVENTS, 2023–202478
TABLE 16HYGIENIC PUMPS AND VALVES MARKET: DETAILED LIST OF CONFERENCES & EVENTS78
5.14TARIFF AND REGULATORY LANDSCAPE78
5.14.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 17NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS78
TABLE 18EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS79
TABLE 19ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
TABLE 20ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS80
5.14.2REGULATORY STANDARDS81
TABLE 21STANDARDS FOR HYGIENIC PUMPS AND VALVES MARKET81
6HYGIENIC PUMPS AND VALVES MARKET, BY PUMP TYPE82
6.1INTRODUCTION82
FIGURE 39HYGIENIC PUMPS AND VALVES MARKET, BY PUMP TYPE82
6.2CENTRIFUGAL PUMPS82
6.2.1WIDELY USED FOR TRANSFERRING LOW VISCOUS FLUIDS82
6.3POSITIVE DISPLACEMENT PUMPS83
6.3.1HIGHLY EFFICIENT AND EASY TO OPERATE83
6.3.2DIAPHRAGM PUMPS84
6.3.2.1Air-powered operation, safe design, and high efficiency84
6.3.3TWIN SCREW PUMPS84
6.3.3.1High versatility and flexibility84
6.3.4PERISTALTIC PUMPS85
6.3.4.1Growing need for gentle transfer of sterile and shear-sensitive fluids85
6.3.5ROTARY LOBE PUMPS85
6.3.5.1Ideal for fluids with high viscosity85
6.3.6PROGRESSIVE CAVITY PUMPS86
6.3.6.1High accuracy in dosing applications86
6.3.7ECCENTRIC DISC PUMPS86
6.3.7.1Handles low and high viscous fluids86
6.3.8OTHERS86
7COMPONENTS OF HYGIENIC VALVES87
7.1INTRODUCTION87
FIGURE 40KEY COMPONENTS OF HYGIENIC VALVES87
7.2VALVE BODY87
7.2.1PROVIDES FRAMEWORK TO HOLD ALL INTEGRAL COMPONENTS87
7.3ACTUATORS88
7.3.1PREFERRED FOR HIGH-PRECISION APPLICATIONS88
7.4CONTROL TOPS88
7.4.1MONITORS PERFORMANCE OF DIFFERENT VALVE TYPES88
7.5POSITIONERS89
7.5.1DETERMINES CORRECT VALVE POSITIONING89
7.6OTHER COMPONENTS89
8HYGIENIC PUMPS AND VALVES MARKET, BY MATERIAL TYPE90
8.1INTRODUCTION90
FIGURE 41HYGIENIC PUMPS AND VALVES MARKET, BY MATERIAL TYPE90
8.2STAINLESS STEEL91
8.2.1STRONG AND FLEXIBLE PROPERTIES OF STEEL91
8.3BRONZE91
8.3.1HIGH CORROSION RESISTANCE AND INEXPENSIVE NATURE OF BRONZE91
8.4COPPER91
8.4.1HIGH DUCTILITY AND ELECTRICAL CONDUCTIVITY OF COPPER91
9HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE93
9.1INTRODUCTION94
FIGURE 42HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE94
FIGURE 43SINGLE-SEAT VALVES TO HOLD LARGEST MARKET SHARE FROM 2023 TO 202894
TABLE 22HYGIENIC VALVES AND PUMPS MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)95
TABLE 23HYGIENIC VALVES AND PUMPS MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)95
9.2SINGLE-SEAT VALVES95
9.2.1INCREASING DEMAND FOR SMALL FLOW RATE APPLICATIONS95
TABLE 24SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)96
TABLE 25SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)96
TABLE 26SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)96
TABLE 27SINGLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)97
9.3DOUBLE-SEAT VALVES97
9.3.1RISING ADOPTION OF SUPERIOR HYGIENE AND CLEANLINESS STANDARDS97
TABLE 28DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)98
TABLE 29DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)98
TABLE 30DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)98
TABLE 31DOUBLE-SEAT VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)98
9.4BUTTERFLY VALVES99
9.4.1INCREASING DEMAND FOR COST-EFFECTIVE VALVES99
TABLE 32BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)99
TABLE 33BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)99
TABLE 34BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)100
TABLE 35BUTTERFLY VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)100
9.5DIAPHRAGM VALVES100
9.5.1HIGH ADOPTION IN PHARMACEUTICAL INDUSTRY100
TABLE 36DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)101
TABLE 37DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)101
TABLE 38DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)101
TABLE 39DIAPHRAGM VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)102
9.6CONTROL VALVES102
9.6.1GROWING ADOPTION FOR CRITICAL OPERATIONS AND ENHANCED SAFETY102
TABLE 40CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)103
TABLE 41CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)103
TABLE 42CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)103
TABLE 43CONTROL VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)103
9.7OTHER VALVES104
TABLE 44OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)104
TABLE 45OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)105
TABLE 46OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)105
TABLE 47OTHER VALVES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)105
10HYGIENIC PUMPS AND VALVES MARKET, BY HYGIENE CLASS106
10.1INTRODUCTION106
FIGURE 44HYGIENIC PUMPS AND VALVES MARKET, BY HYGIENE CLASS106
10.2STANDARD106
10.2.1GROWING NEED TO MAINTAIN HIGH LEVEL OF HYGIENE ACROSS INDUSTRIES106
10.3ASEPTIC107
10.3.1INCREASING FOCUS ON PREVENTING CONTAMINATION AND ENSURING PRODUCT STERILIZATION107
10.4ULTRACLEAN107
10.4.1HIGHER SAFETY AND QUALITY PROTECTION OFFERED BY ULTRACLEAN HYGIENE CLASS107
11HYGIENIC PUMPS AND VALVES MARKET, BY FUNCTION108
11.1INTRODUCTION108
FIGURE 45HYGIENIC PUMPS AND VALVES MARKET, BY FUNCTION108
11.2SHUT-OFF/ISOLATION108
11.2.1FACILITATES START AND STOP FLOW OF FLUIDS108
11.3DIVERT109
11.3.1OFFERS EASE OF OPERATION AND HIGH FLEXIBILITY109
11.4SAMPLING109
11.4.1ALLOWS SAMPLE EXTRACTION FOR QUALITY TESTING AND ANALYSIS109
11.5OTHERS109
12HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE110
12.1INTRODUCTION111
FIGURE 46HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE111
FIGURE 47AIR-ACTUATED HYGIENIC VALVES TO DOMINATE THROUGHOUT FORECAST PERIOD111
TABLE 48HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)111
TABLE 49HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)112
12.2MANUAL112
12.2.1RISING DEMAND FOR RELIABLE AND COST-EFFECTIVE VALVES112
TABLE 50MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)112
TABLE 51MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)113
TABLE 52MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)113
TABLE 53MANUAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)113
12.3AIR-ACTUATED114
12.3.1RISING FOCUS ON PROCESS AUTOMATION114
TABLE 54AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)114
TABLE 55AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)114
TABLE 56AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)115
TABLE 57AIR-ACTUATED: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)115
13HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY116
13.1INTRODUCTION117
FIGURE 48HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY117
FIGURE 49PROCESSED FOOD INDUSTRY TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD117
TABLE 58HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)118
TABLE 59HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)118
13.2PROCESSED FOOD119
13.2.1INCREASING INVESTMENTS TO BOOST PROCESSED FOOD INDUSTRY119
TABLE 60PROCESSED FOOD: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)119
TABLE 61PROCESSED FOOD: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)119
13.3DAIRY120
13.3.1RISING GOVERNMENT INITIATIVES AND INVESTMENTS120
TABLE 62DAIRY: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)120
TABLE 63DAIRY: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)121
13.4ALCOHOLIC BEVERAGE121
13.4.1INCREASING HYGIENE AWARENESS IN ALCOHOLIC BEVERAGE INDUSTRY121
TABLE 64ALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)122
TABLE 65ALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)122
13.5NONALCOHOLIC BEVERAGE122
13.5.1GROWING INVESTMENTS BY COUNTRIES TO STRENGTHEN NONALCOHOLIC BEVERAGE INDUSTRY122
TABLE 66NONALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)123
TABLE 67NONALCOHOLIC BEVERAGE: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)123
13.6PHARMACEUTICAL124
13.6.1STRINGENT QUALITY AND SAFETY STANDARDS IN PHARMACEUTICAL INDUSTRY124
TABLE 68PHARMACEUTICAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)124
TABLE 69PHARMACEUTICAL: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)125
13.7OTHER END-USER INDUSTRIES125
TABLE 70OTHER END-USER INDUSTRIES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)126
TABLE 71OTHER END-USER INDUSTRIES: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)126
14HYGIENIC PUMPS AND VALVES MARKET, BY REGION127
14.1INTRODUCTION128
FIGURE 50HYGIENIC PUMPS AND VALVES MARKET, BY REGION128
FIGURE 51CHINA TO EXHIBIT HIGHEST CAGR FROM 2023 TO 2028129
TABLE 72HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)129
TABLE 73HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)129
14.2NORTH AMERICA130
14.2.1IMPACT OF RECESSION130
FIGURE 52NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET SNAPSHOT131
FIGURE 53US TO ACCOUNT FOR LARGEST SHARE IN NORTH AMERICA THROUGHOUT FORECAST PERIOD131
TABLE 74NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)132
TABLE 75NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)132
TABLE 76NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)132
TABLE 77NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)133
TABLE 78NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)133
TABLE 79NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)133
TABLE 80NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)134
TABLE 81NORTH AMERICA: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)134
14.2.2US134
14.2.2.1Expansion of pharmaceutical manufacturing industry134
14.2.3CANADA135
14.2.3.1Growth in food & beverage industry135
14.2.4MEXICO135
14.2.4.1Attractive opportunities in manufacturing sector135
14.3EUROPE136
14.3.1IMPACT OF RECESSION136
FIGURE 54EUROPE: HYGIENIC PUMPS AND VALVES MARKET SNAPSHOT137
FIGURE 55GERMANY TO SECURE LARGEST MARKET SHARE IN EUROPE THROUGHOUT FORECAST PERIOD138
TABLE 82EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)138
TABLE 83EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)138
TABLE 84EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)139
TABLE 85EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)139
TABLE 86EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)139
TABLE 87EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)140
TABLE 88EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)140
TABLE 89EUROPE: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)140
14.3.2GERMANY141
14.3.2.1Increasing pharmaceutical manufacturing sites141
14.3.3UK141
14.3.3.1Rapid growth in processed food and nonalcoholic beverage industry141
14.3.4FRANCE142
14.3.4.1Thriving cosmetics industry142
14.3.5ITALY142
14.3.5.1Fast-growing processed food industry142
14.3.6BENELUX143
14.3.6.1Strong presence of key chemical and pharmaceutical companies143
14.3.7REST OF EUROPE143
14.4ASIA PACIFIC144
14.4.1IMPACT OF RECESSION144
FIGURE 56ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET SNAPSHOT145
FIGURE 57CHINA TO RECORD HIGHEST CAGR IN ASIA PACIFIC DURING FORECAST PERIOD146
TABLE 90ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)146
TABLE 91ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)146
TABLE 92ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)147
TABLE 93ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)147
TABLE 94ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)147
TABLE 95ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)148
TABLE 96ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)148
TABLE 97ASIA PACIFIC: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)148
14.4.2CHINA149
14.4.2.1Strong manufacturing sector149
14.4.3JAPAN149
14.4.3.1Rising investments in pharmaceutical industry149
14.4.4INDIA150
14.4.4.1Strong dairy and pharmaceutical industries150
14.4.5SOUTH KOREA150
14.4.5.1Increased use of hygienic pumps and valves in chemical industry150
14.4.6AUSTRALIA151
14.4.6.1Rising demand for processed food products151
14.4.7REST OF ASIA PACIFIC151
14.5ROW151
14.5.1IMPACT OF RECESSION152
FIGURE 58MIDDLE EAST & AFRICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD152
TABLE 98ROW: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)152
TABLE 99ROW: HYGIENIC PUMPS AND VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)153
TABLE 100ROW: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2019–2022 (USD MILLION)153
TABLE 101ROW: HYGIENIC PUMPS AND VALVES MARKET, BY VALVE TYPE, 2023–2028 (USD MILLION)153
TABLE 102ROW: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2019–2022 (USD MILLION)154
TABLE 103ROW: HYGIENIC PUMPS AND VALVES MARKET, BY OPERATION MODE, 2023–2028 (USD MILLION)154
TABLE 104ROW: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)154
TABLE 105ROW: HYGIENIC PUMPS AND VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)155
14.5.2MIDDLE EAST & AFRICA155
14.5.2.1High demand from pharmaceutical and chemical industries155
14.5.3SOUTH AMERICA155
14.5.3.1Growing processed food industry155
15COMPETITIVE LANDSCAPE157
15.1INTRODUCTION157
15.2STRATEGIES ADOPTED BY KEY PLAYERS157
TABLE 106OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS157
15.3TOP FIVE COMPANY REVENUE ANALYSIS158
FIGURE 59HYGIENIC PUMPS AND VALVES MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2017–2021158
15.4MARKET SHARE ANALYSIS, 2022159
TABLE 107HYGIENIC PUMPS AND VALVES MARKET SHARE ANALYSIS (2022)159
FIGURE 60SHARE OF KEY PLAYERS IN HYGIENIC PUMPS AND VALVES MARKET, 2022159
15.5COMPANY EVALUATION QUADRANT, 2022161
15.5.1STARS161
15.5.2EMERGING LEADERS161
15.5.3PERVASIVE PLAYERS161
15.5.4PARTICIPANTS161
FIGURE 61HYGIENIC PUMPS AND VALVES MARKET: COMPANY EVALUATION QUADRANT, 2022162
15.6COMPANY EVALUATION QUADRANT FOR SMES, 2022162
15.6.1PROGRESSIVE COMPANIES162
15.6.2RESPONSIVE COMPANIES162
15.6.3DYNAMIC COMPANIES163
15.6.4STARTING BLOCKS163
FIGURE 62HYGIENIC PUMPS AND VALVES MARKET: COMPANY EVALUATION QUADRANT FOR SMES, 2022163
15.7HYGIENIC PUMPS AND VALVES MARKET: COMPANY FOOTPRINT164
TABLE 108COMPANY FOOTPRINT164
TABLE 109PRODUCT: COMPANY FOOTPRINT165
TABLE 110END-USER INDUSTRY: COMPANY FOOTPRINT166
TABLE 111REGION: COMPANY FOOTPRINT167
15.8COMPETITIVE BENCHMARKING168
TABLE 112HYGIENIC PUMPS AND VALVES MARKET: DETAILED LIST OF KEY STARTUPS/SMES168
TABLE 113HYGIENIC PUMPS AND VALVES MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES168
15.9COMPETITIVE SITUATIONS AND TRENDS169
15.9.1HYGIENIC PUMPS AND VALVES MARKET: PRODUCT LAUNCHES169
15.9.2HYGIENIC PUMPS AND VALVES MARKET: DEALS172
16COMPANY PROFILES173
16.1KEY PLAYERS173
(Business overview, Products offered, Recent developments, MnM view, Key strengths/ Right to win, Strategic choices, and Weaknesses and competitive threats)*
16.1.1ALFA LAVAL173
TABLE 114ALFA LAVAL: BUSINESS OVERVIEW173
FIGURE 63ALFA LAVAL: COMPANY SNAPSHOT174
TABLE 115ALFA LAVAL: PRODUCTS OFFERED174
TABLE 116ALFA LAVAL: PRODUCT LAUNCHES176
16.1.2GEA GROUP AKTIENGESELLSCHAFT178
TABLE 117GEA GROUP AKTIENGESELLSCHAFT: BUSINESS OVERVIEW178
FIGURE 64GEA GROUP AKTIENGESELLSCHAFT: COMPANY SNAPSHOT179
TABLE 118GEA GROUP AKTIENGESELLSCHAFT: PRODUCTS OFFERED179
TABLE 119GEA GROUP AKTIENGESELLSCHAFT: PRODUCT LAUNCHES181
16.1.3SPX FLOW, INC.183
TABLE 120SPX FLOW, INC.: BUSINESS OVERVIEW183
FIGURE 65SPX FLOW, INC.: COMPANY SNAPSHOT184
TABLE 121SPX FLOW, INC.: PRODUCTS OFFERED184
TABLE 122SPX FLOW, INC.: PRODUCT LAUNCHES186
TABLE 123SPX FLOW, INC.: DEALS187
16.1.4CHRISTIAN BÜRKERT GMBH & CO. KG189
TABLE 124CHRISTIAN BÜRKERT GMBH & CO. KG: BUSINESS OVERVIEW189
TABLE 125CHRISTIAN BÜRKERT GMBH & CO. KG: PRODUCTS OFFERED189
16.1.5EMERSON ELECTRIC CO.190
TABLE 126EMERSON ELECTRIC CO.: BUSINESS OVERVIEW190
FIGURE 66EMERSON ELECTRIC CO.: COMPANY SNAPSHOT191
TABLE 127EMERSON ELECTRIC CO.: PRODUCTS OFFERED191
TABLE 128EMERSON ELECTRIC CO.: PRODUCT LAUNCHES192
16.1.6EVOGUARD GMBH193
TABLE 129EVOGUARD GMBH: BUSINESS OVERVIEW193
TABLE 130EVOGUARD GMBH: PRODUCTS OFFERED193
16.1.7FLOWSERVE CORPORATION194
TABLE 131FLOWSERVE CORPORATION: BUSINESS OVERVIEW194
FIGURE 67FLOWSERVE CORPORATION: COMPANY SNAPSHOT195
TABLE 132FLOWSERVE CORPORATION: PRODUCTS OFFERED195
TABLE 133FLOWSERVE CORPORATION: PRODUCT LAUNCHES196
TABLE 134FLOWSERVE CORPORATION: DEALS197
16.1.8GEMÜ GROUP198
TABLE 135GEMÜ GROUP: BUSINESS OVERVIEW198
TABLE 136GEMÜ GROUP: PRODUCTS OFFERED198
TABLE 137GEMÜ GROUP: PRODUCT LAUNCHES199
16.1.9INOXPA S.A.U.200
TABLE 138INOXPA S.A.U.: BUSINESS OVERVIEW200
TABLE 139INOXPA S.A.U.: PRODUCTS OFFERED200
TABLE 140INOXPA S.A.U.: PRODUCT LAUNCHES201
16.1.10ITT INC.202
TABLE 141ITT INC.: BUSINESS OVERVIEW202
FIGURE 68ITT INC.: COMPANY SNAPSHOT203
TABLE 142ITT INC.: PRODUCTS OFFERED203
TABLE 143ITT INC.: PRODUCT LAUNCHES204
TABLE 144ITT INC.: DEALS204
16.1.11KIESELMANN GMBH205
TABLE 145KIESELMANN GMBH: BUSINESS OVERVIEW205
TABLE 146KIESELMANN GMBH: PRODUCTS OFFERED205
16.1.12KSB SE & CO. KGAA207
TABLE 147KSB SE & CO. KGAA: BUSINESS OVERVIEW207
FIGURE 69KSB SE & CO. KGAA.: COMPANY SNAPSHOT208
TABLE 148KSB SE & CO. KGAA: PRODUCTS OFFERED208
TABLE 149KSB SE & CO. KGAA: PRODUCT LAUNCHES209
TABLE 150KSB SE & CO. KGAA: OTHERS209
16.1.13NEUMO EHRENBERG GROUP210
TABLE 151NEUMO EHRENBERG GROUP: BUSINESS OVERVIEW210
TABLE 152NEUMO EHRENBERG GROUP: PRODUCTS OFFERED210
16.1.14SAMSON AG212
TABLE 153SAMSON AG: BUSINESS OVERVIEW212
TABLE 154SAMSON AG: PRODUCTS OFFERED212
16.1.15SPIRAX-SARCO ENGINEERING PLC213
TABLE 155SPIRAX-SARCO ENGINEERING PLC: BUSINESS OVERVIEW213
FIGURE 70SPIRAX-SARCO ENGINEERING PLC: COMPANY SNAPSHOT214
TABLE 156SPIRAX-SARCO ENGINEERING PLC: PRODUCTS OFFERED214
TABLE 157SPIRAX-SARCO ENGINEERING PLC: PRODUCT LAUNCHES215
16.2OTHER PLAYERS216
16.2.1ADAMANT VALVES216
16.2.2BARDIANI VALVOLE S.P.A.217
16.2.3CIPRIANI HARRISON VALVES217
16.2.4DFT INC.218
16.2.5DIXON VALVE & COUPLING COMPANY, LLC219
16.2.6DONJOY TECHNOLOGY CO., LTD.220
16.2.7HAITIMA CORPORATION220
16.2.8HANNINGFIELD221
16.2.9JONENG VALVES CO., LTD.222
16.2.10STERIFLOW VALVE223
16.2.11TAPFLO GROUP223
*Details on Business overview, Products offered, Recent developments, MnM view, Key strengths/ Right to win, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
17ADJACENT AND RELATED MARKETS224
17.1INTRODUCTION224
17.2INDUSTRIAL VALVES MARKET: BY REGION224
17.2.1INTRODUCTION224
TABLE 158INDUSTRIAL VALVES MARKET, BY REGION, 2019–2022 (USD MILLION)224
TABLE 159INDUSTRIAL VALVES MARKET, BY REGION, 2023–2028 (USD MILLION)225
17.3NORTH AMERICA225
TABLE 160NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY COUNTRY, 2019–2022 (USD MILLION)226
TABLE 161NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY COUNTRY, 2023–2028 (USD MILLION)226
TABLE 162NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY END-USER INDUSTRY, 2019–2022 (USD MILLION)226
TABLE 163NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY END-USER INDUSTRY, 2023–2028 (USD MILLION)227
17.3.1US227
17.3.1.1Aging water & wastewater infrastructure in US to accelerate market growth227
17.3.2CANADA228
17.3.2.1Rising adoption of valves in oil & gas sector to contribute to market growth228
17.3.3MEXICO229
17.3.3.1Thriving semiconductor industry to boost growth229
18APPENDIX230
18.1INSIGHTS FROM INDUSTRY EXPERTS230
18.2DISCUSSION GUIDE231
18.3KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL234
18.4CUSTOMIZATION OPTIONS236
18.5RELATED REPORTS236
18.6AUTHOR DETAILS237
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