Medium and Low Pressure Brass Plumbing Valve Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.8 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The Medium and Low Pressure Brass Plumbing Valve market was valued at approximately USD 1.8 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 4.5% over the forecast period. The increasing demand for durable and corrosion-resistant materials in plumbing applications, driven by growing infrastructure development and residential construction, contributes to this growth. In addition, the expanding focus on water conservation and efficient plumbing systems further propels the market, as brass valves offer reliable solutions in managing water flow and pressure.
Opportunity analysis reveals significant potential in emerging markets, particularly in regions experiencing rapid urbanization and industrialization. Countries in Asia-Pacific and Latin America are witnessing an upsurge in construction activities, which boosts the demand for medium and low pressure brass plumbing valves. These regions present lucrative prospects for market players looking to expand their footprint, driven by the increasing need for upgraded plumbing infrastructure and the adoption of advanced valve technologies to enhance system performance and sustainability.
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Wandekai Fluid Equipment Technology
Yorhe Fluid Intelligent Control
Avonflow
IDC Fluid Control
Amico
Huaping Intelligent Control
VALOGIN Technology
JUQUAN BRASS
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Medium and Low Pressure Brass Plumbing Valve Market
Residential Plumbing System
Commercial Plumbing System
Industrial Piping System
Based on Types the Market is categorized into Below types that held the largest Medium and Low Pressure Brass Plumbing Valve market share In 2023.
Ball Valve
Gate Valve
Globe Valve
Check Valve
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Medium and Low Pressure Brass Plumbing Valve Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Medium and Low Pressure Brass Plumbing Valve Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Medium and Low Pressure Brass Plumbing Valve Market, By Type
6. Global Medium and Low Pressure Brass Plumbing Valve Market, By Application
7. Global Medium and Low Pressure Brass Plumbing Valve Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Medium and Low Pressure Brass Plumbing Valve Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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