Global Backflow Preventers Market to reach XX by 2027. Global Backflow Preventers Market is valued approximately XX in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. A backflow preventer is a gadget that is mounted on water pipes to allow only one direction of water flow while stopping the opposing direction. This eliminates the risk of contaminating drinking water due to splash back. Backflow preventers are utilized in a variety of applications, including sewer, wastewater, domestic, fountain, and irrigation backflow. The rising building industry around the world is projected to help boost global demand for backflow preventers. Backflow preventers are essential in the domestic plumbing industry for maintaining water quality, as well as in the sprinkler and agricultural industries to prevent unnecessary water loss, excessive electricity consumption, and resource waste. Around the world, manufacturers are developing new technology for making backflow preventer valves. Expanding digital technologies, combined with advances in plumbing technology, have enabled the introduction of new backflow preventer valves with additional functionality such as a smart digital display for tracking flow rate, operating pressure, and other parameters. For example, Zurn Industries introduced field changeable pressure lowering valves in the Pressure-Tru?(R) ZW5000/5004 Series in November 2019. Hose connections are made with the ZW5000 hose valve, which is found in stairwells. The ZW5004 is a floor control valve that is used to connect sprinkler systems on each level. Backflow preventers with a low temperature zone are predicted to become more common. Backflow preventers of the ambient vacuum breakers type remain dominant the global backflow preventer market. The residential infrastructure industry is predicted to be a significant target market, accounting for more than 40% of the market share, due to increased application of plumbing codes in housing development. The fundamental reason why the residential housing industry will continue to be a key market for worldwide backflow preventers is the health concern connected with backflow in the water supply line. However, excessive engineering costs and electricity consumption more than normal impedes the growth of the market over the forecast period of 2021-2027. Also, a significant increase in government norms and regulations for the plumbing business is predicted to spur growth.
Throughout the projected period, North America will continue to be one of the most profitable markets. The significant increase in commercial and residential construction projects in the country is one of the primary reasons sustaining expansion. In 2018, approximately 138 million residential units were sold in the United States, according to research. APAC increased investment in renovation and end up wasting water treatment projects is expected to drive demand for backflow preventers. Growing demand for backflow preventers in garden center sprinkler system is also expected to create substantial growth opportunities.
Major market player included in this report are:
Watts Water Technologies Company
Emerson Electric Co.
Honeywell International Inc.
Conbraco Industries Inc.
Zurn Industries, LLC.
Caleffi S.p.a.
Hans Sasserath GmbH & Co. KG
W.W. Grainger, Inc.
TALIS Management Holding GmbH
APOLLO
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Atmospheric Vacuum Breaker
Pressure Vacuum Breaker
Double Check Valve Assembly
Reduced Pressure Zone
By Material type:
Stainless Steel Cloud
Plastic Cloud
Ductile Iron
Bronze
Other Materials
By End-Use:
Commercial
Residential
Industrial
Sprinkler & Irrigation
Water & Wastewater
Chemical Processing
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Backflow Preventers Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors