According to a market report by Lucintel, the future of the global check valve market looks promising with opportunities in the oil & gas, water & wastewater treatment, energy & power, pharmaceutical, food & beverage, chemical, building & construction, paper & pulp and metals & mining markets. The global check valve market is expected to reach an estimated $10.20 billion by 2030 with a CAGR of 9.8% from 2024 to 2030. The major drivers for this market are growing healthcare device production and pharma R&D spending, rising number of power-producing plants, and increasing adoption of industrial automation across the globe.

In this market, ball valves, butterfly valves, gate valves, globe valves, plug valves, check valves, and diaphragm valves are the major segments of check valve market by type.
Lucintel forecast that ball valves is expected to witness highest growth over the forecast period.
Within this market, oil & gas will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Schlumberger, Goodwin International, Honeywell, General Electric, Emerson Electric, Rotork, KITZ, AVK, Flomatic Pumps, and Flowserve are the major suppliers in the check valve 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 [email protected]