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Growing Demand across Multiple End-use Industries Propels Hygienic Pump and Valve Market Valuation towards US$ 12.6 Billion by 2034, Driven by 6.6% CAGR | FMI Analysis [Yahoo! Finance]

Dover Corporation (DOV) 
Last dover corporation earnings: 4/21 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Addressing contamination concerns, the hygienic pump and valve market experiences sales surge as industries prioritize hygiene & efficiency. NEWARK, Del, March 31, 2024 (GLOBE NEWSWIRE) -- According to Future Market Insights (FMI), the hygienic pump and valve market value is expected to rise from US$ 6.7 Billion in 2024 to US$ 12.6 Billion by 2034. This estimated growth is expected to be driven by a CAGR of over the next decade. The hygienic pump and valve industry is driven by the rising demand for hygienic and clean products and the growing demand for reliable pumps and valves in the biotech and pharmaceutical industries. The food and beverage industry is a prominent consumer of hygienic pumps and valves. This industry is continuously evolving and growing, which is subsequently increasing the demand for innovative products like hygienic pumps and valves. Further, the growing demand for pumps and valves to manage corrosive and toxic fluids in the biotech and pharmaceutical comp Show less Read more
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