Transparency Market Research observes that the competitive landscape in the global hygienic and aseptic valves market
has quite a few leading players. Currently the players are focusing on
expanding their business in emerging markets to cater to the huge
potential in the developing regions. “Furthermore, companies are also
looking at providing solutions to sectors such as biotechnology and
pharmaceuticals to strengthen their market position,” states the lead
author of this research report. Some of the key players operating in the
global market are Alfa Laval AB, SOX Flow, Inc., ITT Corporation, GEA
Group AG, and Pentair PLc.
The research report states that the
global hygienic and aseptic valves market is expected to be worth US$9.0
bn by the end of 2025 as compared to US$6.0 bn in 2015. The market is
expected to show progress of 4.8% CAGR during the forecast period.
Hygienic Single Seat Valves Show Robust Growth Rate as Companies Comply to Sanitation Norms
On the basis of types of valves, the
global market is segmented into hygienic single seat valves, hygienic
double seat valves, hygienic butterfly valves, hygienic control valves,
and aseptic valves. Of these, the hygienic single seat valves are
expected to outperform all other segments. By the end of the forecast
period, the segment is expected to acquire a share of 26.0% in the
global market. The dominant share of this segment will be attributable
to the ability of these valves to meet the strict regulations pertaining
to aseptic and hygienic processes in industries such as
pharmaceuticals, food and beverages, and dairy. In terms of geography,
North America is leading the global market due to region’s continuous
investment in expanding manufacturing facilities. The region is expected
to rise at a CAGR of 7.1% between 2016 and 2025.
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Analysts state that the demand for
hygienic and aseptic valves is likely to be on the rise in the coming
years. The demand is likely to be fueled by the need to eliminate the
usage of food preservatives in the food industry. Presently, several
fitness-conscious and health-conscious people are focused toward
reducing the consumption of food preservatives due a growing awareness
about their negative impact on the human body. The majority of the
processed food and beverages includes preservatives that are hampering
the natural metabolism of the body. Thus, to cut down the usage of these
harmful substances, food manufacturers are deploying hygienic valves in
several industrial sectors.
The market is also expected to grow
against the backdrop of increasing focus on sanitary regulations
especially in the food and beverages industry. The market is also being
supported by growing initiatives of modernization in countries such as
the U.S., China, Brazil, and India. The cooperation from several large
organizations to comply with sanitary, safety, and modernization norms
are collectively expected to boost the growth of the market. In the
coming years, efforts to incorporate plant automation are also likely to
augment the demand for these valves, state analysts.
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