Global Check Valve Market
The global check valve market is expected to grow at a CAGR of 5.3% from 2022 to 2027.
A check valve is a mechanical device that allows liquid or gas to flow in only one direction, preventing backflow. The body of the one-way valve has two openings, one for fluid to enter and the other for fluid to exit. When the fluid flows in the intended direction, the valve opens, and when liquid or gas flows backward, the valve closes. The mechanism of the check valve is basic and functions automatically to prevent fluid from flowing in the wrong direction.
Increasing demand from end-use sectors such as water and wastewater treatment, oil and gas, and energy and power is driving the check valve market. Furthermore, the expansion of industrial automation is promoting the adoption of smart check valves, which is expected to further accelerate market growth during the forecast period.