Diaphragm Valve Market to Reach $541,044.7 Thousand by 2032 at 5.6% CAGR: Allied Market Research [Yahoo! Finance]
Parker-Hannifin Corporation (PH)
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Source: Yahoo! Finance
This further results in consolidation of the diaphragm valve market PORTLAND, Ore. April 15, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Diaphragm Valve Market by Product Type (Weir and Straightway), Material (Cast Iron, Steel, Alloy-based, and Others), and End User (Oil & Power, Water & Wastewater, Chemical, Food & Beverage, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032." According to the report, the diaphragm valve market was valued at $312,434.6 thousand in 2022, and is projected to reach $541,044.7 thousand by 2032, registering a CAGR of 5.6% from 2023 to 2032. Prime determinants of growth The increasing adoption of diaphragm valve across industries, including pharmaceuticals, biotechnology, water treatment, and chemical processing drives the market growth. These valves offer effective control over flow while maintaining sterility, making them indispensable in such industries. Request PDF Sample Copy @ https://www.al
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- 4/26/24 - Form 4
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- 4/26/24 - Form 4
- PH's page on the SEC website