Introduction

The global diverter valve market is projected to be US$ 39,303 Mn in 2018 to reach US$ 62,514 Mn by 2028 at a CAGR of 4.8%.

Market.us announces publication of its most recently generated research report titled, “Global Diverter Valves Market  by Product Type (Hydraulic diverter valves, Electric diverter valves, Manual diverter valves), By Application (Automotive, Construction, Machinery & Equipment & Others), and by Region - Global Forecast to 2028.”, which offers a holistic view of the global diverter valves market through systematic segmentation that covers every aspect of the target market.

A diverter valve is a valve that is used to divert the flow of powders, crude oil, pellets or other materials in a conveying system. Diverter valve directs the materials from an inlet to one of the two or more outlets. They can also be used for flow control and to converge two lines into one. Diverter valves are primarily used to handle powders, dry solids and slurries, although some types are available that can handle liquid service. They are ideal for applications where the conveying or pumping of materials to multiple vessels or silos is needed.

Rising demand for Oil and Gas Industries in the Gulf countries is expected to fuel growth of the target market.

Global Diverter Valves Market Revenue (US$ Mn), 2018-2028

Increasing construction activities in the emerging countries and process efficiency and accuracy provided by diverter valves are expected to fuel growth of the target market.

High first installation cost of pneumatic conveying systems can adversely affect the market growth.

Restricted growth rate of automotive sector owing to economic recession in some countries affect the target market growth.

Global Diverter Valves Market by Formulation, 2018

On the basis of region, the market is segmented into North America, Europe, Asia Pacific, South America, & MEA. The Europe accounts for the majority share in the global diverter valves market, followed by North America.

The research report on the global diverter valves market includes profiles of some of major companies such as Hillenbrand, Inc., GEA Group Aktiengesellschaft, DMN-Westinghouse, Salina Vortex Corporation, Wrights Dowson Group, The SchuF Group, Kice Industries, Inc., Pelletron Corporation, Schenck Process Holding GmbH, Bezares S.A., FLSmidth & Co. A/S etc.

To learn more about Diverter Valves Market research methodology, visit here 

Key Market Segments

Product Type

• Hydraulic diverter valves
• Electric diverter valves
• Manual diverter valves

Application

• Automotive
• Construction
• Machinery & Equipment

Key Market Players included in the report:

• Hillenbrand Inc.
• GEA Group Aktiengesellschaft
• DMN-Westinghouse
• Salina Vortex Corporation
• Wrights Dowson Group
• The SchuF Group
• Kice Industries Inc.
• Pelletron Corporation
• Schenck Process Holding GmbH
• Bezares S.A.
• FLSmidth & Co. A/S etc.