Lucintel Forecasts the Global Plastic Valves Market to Reach $3.0 billion by 2030
Lucintel Forecasts the Global Plastic Valves Market to Reach $3.0 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global plastic valves market looks promising with opportunities in the automotive and machinery markets. The global plastic valves market is expected to reach an estimated $3.0 billion by 2030 from $2.2 billion in 2023,at a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are increasing demand for water and wastewater treatment, rising demand for lightweight and corrosion-resistant valves, and growing adoption of smart valves.
A more than 150-page report to understand trends, opportunity and forecast in plastic valves market to 2030 by type (solenoid valves, butterfly valves, and others), application (automotive, machinery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that solenoid valves is expected to witness the higher growth over the forecast period.
Download sample by clicking on plastic valves market
North America is expected to witness highest growth over the forecast period due to the benefits and rising popularity of plastic valves.
Emerson, Johnson Controls, ADAMS, Parker Hannifin, Watts Water Technologies, Zwick, Kirloskar, Cameron, Flowserve, IMI are the major suppliers in the plastic valves market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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