$4.1 Bn Lined Valve (Ball, Butterfly, Globe, Plug, Gate) Market - Global Forecast to 2028 - ResearchAndMarkets.com
The "Global Lined Valve Market by Type (Ball Valve, Butterfly Valve, Globe Valve, Plug Valve, Gate Valve), Material (Polytetrafluoroethylene (PTFE), Perfluoroalkoxy (PFA), Polychlorotrifluoroethylene(PCTFE) ), Industry and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
- The "Global Lined Valve Market by Type (Ball Valve, Butterfly Valve, Globe Valve, Plug Valve, Gate Valve), Material (Polytetrafluoroethylene (PTFE), Perfluoroalkoxy (PFA), Polychlorotrifluoroethylene(PCTFE) ), Industry and Region - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
- Key growth drivers for the lined valve market include the increasing adoption of IoT-integrated valves, particularly in industries where process purity is paramount, such as pharmaceuticals.
- China, known for its numerous medium-sized lined valve manufacturers, is also a key player in this market.
- Ball valve held the largest share, and butterfly valve held the second largest share of the lined valve market in 2022
The stem design of the lined ball valve offers an anti-blowout feature, which provides increased safety.