Asia Pacific Vacuum Valve Market Size, Share & Industry Trends Analysis Report By Valve Type (Isolation Valves, Pressure Control Valves, Transfer Valves, Air Admittance Valves and Check Valves), By Pressure Range, By Industry, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Vacuum Valve Market would witness market growth of 8.4% CAGR during the forecast period (2022-2028).
The majority of hydraulic and pneumatic power systems are made to work within a specific pressure range. This range depends on the forces that the system's actuators must produce to carry out the necessary job. The pricey machinery and power components could be harmed if these forces are not controlled. Relief valves enable the avoidance of this risk. They are the safety measures that reduce the system's maximum pressure by directing more gases when the pressure rises too high. Cracking pressure refers to the pressure at which a relief valve first begins to allow fluid to pass through. The valve is under full-flow pressure while it is bypassing its full-rated flow.
When transferring a vacuum furnace chamber from atmospheric pressure to a supposedly "rough" vacuum, the roughing valve is utilized (typically in the range of 10-2 to 10-3 Torr). This level of vacuum is sometimes sufficient to carry out the targeted process. In other instances, a diffusion pump is included in the pumping package and is used before the chamber is connected to the diffusion pump.
The Indian pharmaceutical industry is a significant player in the pharmaceutical market. India is the third-largest volume and fourteenth-largest value producer in the world. Additionally, the country accounts for 20% of the supply of generic medications and is the world's largest maker of vaccinations. With more than 3,000 pharmaceutical companies and a substantial network of more than 10,500 production facilities, India has the most FDA-approved pharmaceutical factories. A highly skilled labor force is also present there. India offers generic medications in more than 60 therapeutic areas. Generic drugs, over-the-counter medications, API/bulk drugs, vaccines, contract research and manufacturing, biosimilars, and biologics are some of the major areas.
The China market dominated the Asia Pacific Vacuum Valve Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $205.3 million by 2028. The Japan market is registering a CAGR of 7.7% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 9% during (2022 - 2028).
Based on Valve Type, the market is segmented into Isolation Valves, Pressure Control Valves, Transfer Valves, Air Admittance Valves and Check Valves. Based on Pressure Range, the market is segmented into High Vacuum (<10-3–>10-8 torr), Low-to-Medium Vacuum (>10-3 torr) and Very High Vacuum (<10-8 torr). Based on Industry, the market is segmented into Semiconductor, Flat-panel Display Manufacturing, Analytical Instruments, Chemicals, Pharmaceuticals, Thin-film Coating, Food & Beverages, Pulp & Paper and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Vacuum Valve Market is Projected to reach USD 1.8 Billion by 2028, at a CAGR of 8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Pfeiffer Vacuum Technology AG, MKS Instruments, Inc., CKD Corporation, SMC Corporation, Agilent Technologies, Inc., VAT Group AG, KITZ SCT Corporation, ULVAC, Inc., VTEX Corporation, and HVA LLC.
Scope of the Study
Market Segments Covered in the Report:
By Valve Type
- Isolation Valves
- Pressure Control Valves
- Transfer Valves
- Air Admittance Valves
- Check Valves
By Pressure Range
- High Vacuum (<10-3–>10-8 torr)
- Low-to-Medium Vacuum (>10-3 torr)
- Very High Vacuum (<10-8 torr)
- Flat-panel Display Manufacturing
- Analytical Instruments
- Thin-film Coating
- Food & Beverages
- Pulp & Paper
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Pfeiffer Vacuum Technology AG
- MKS Instruments, Inc.
- CKD Corporation
- SMC Corporation
- Agilent Technologies, Inc.
- VAT Group AG
- KITZ SCT Corporation
- ULVAC, Inc.
- VTEX Corporation
- HVA LLC
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