Global Rotary Valve Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Dust Collector, Flow-Through, Blow-Through, Heavy Duty PAV, Others), By End-User (Food & Beverage, Chemical, Pharmaceuticals, Plastic, Others), And By Geography - Forecasts From 2023 To 2028

A rotary valve is a type of valve in which the flow of liquid or gas through the connected pipes is controlled by rotating a passage in a transverse stopper. The most basic type of rotary valve is the common stopcock. Increased demand for energy-efficient products across a variety of industries, including the chemical sector and growing awareness of the health benefits of conserving water is fueling the growth of the rotary valves market. The growing investment in the pharmaceutical industry by several government bodies due to the increasing pandemic situation will also boost the global rotary valve market growth during the forecasted period.

The growing application in the chemical industry will boost the market growth.

The rotary valve is one of the key components used in the chemical industry, acting as a control valve, a seal, and a means of safety for process fluids. Additionally, it offers flexibility by allowing for leak-free flow rate regulation at varied pressures. The growing production in the chemical industry will boost the rotary valve market growth. According to the US Bureau of Economic Analysis, the chemicals industry contributed $ 440 billion to the US economy in 2021. According to the Cybersecurity and Infrastructure Security Agency (CISA), The U.S. chemical industry is the world’s second-largest chemical producer with 13% of the world’s chemicals coming from the United States. This growing chemical industry production market is anticipated to boost the global rotary valves market growth

The growing pharmaceutical industry will boost the market.

The rotary valve is specifically made for hygienic milling and micronization applications in the pharmaceutical and nutraceutical industries. The purpose of the rotary valve in the pharmaceutical industry is to stop and regulate free-flowing materials. They allow for uniform dosing and continuous feeding of powders, granulates, or bulk materials. The growing production in the pharmaceutical industry will boost the rotary valve market growth. According to the State Council People’s Republic of China, In 2021, China's pharmaceutical business will earn over 3.3 trillion yuan in revenue, indicating a nearly 20% increase year on year. According to IBEF, in the period between April 2000 and June 2022, FDI investment into the Indian pharmaceutical and medicine sector totaled around US$19.90 billion. Also, as per the same source, the Indian pharmaceutical sector has developed over time into a robust and is currently rated third in the world in terms of pharmaceutical production volume. This shows that the growing production in the pharmaceutical sector will boost the global rotary valve market growth during the forecasted period.

During the forecast period, the Asia-pacific region is expected to dominate the market

The Asia Pacific region is anticipated to constitute a significant market share due to the growing demand for rotary valves application in various sectors including the pharmaceutical and food and beverage industry. The growing pharmaceutical industry investment in the Asia Pacific region is expected to boost the market growth.  For instance, In September 2021, according to the Indian Brand Equity Foundation, the Indian government contributed around $4 billion to the pharmaceutical and medical industry. In July 2019, Cipla announced the formation of a Chinese joint venture with Jiangsu Acebright Pharmaceutical. The Indian firm will own 80% of the total $30 million investment. The new business would establish a manufacturing plant in China to produce respiratory products, which are a main strength of Cipla. The growing pharmaceutical industry investments by the government and market players will boost the rotary valve market growth during the forecasted period.

Market Key Developments.

• In June 2021, Dmn-Westinghouse introduced a novel rotary valve designed for dosing products and ingredients in the food processing dry bulk business. MZC rotary valves, among other things, have played an essential role in strengthening food safety in the production processes of enterprises in the food and dairy sectors.
• In December 2020, Gericke introduces a new sanitary rotary valve featuring a patented design to facilitate quick, toolless disassembly. It allows easy access for cleaning and visual inspection

Segmentation

• By Type
  • Dust Collector
  • Flow-Through
  • Blow-Through
  • Heavy Duty PAV
  • Others
• By End-User
  • Food & Beverage
  • Chemical
  • Pharmaceuticals
  • Plastic
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    •  Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Australia
    • Others