The Global Sanitary Pumps and Valves Market size is expected to reach $2.7 billion by 2030, rising at a market growth of 3.5% CAGR during the forecast period.
Non-Alcoholic beverages’ demand continues to grow in developed and emerging countries, including tea, coffee, cider, soft drinks, and juices. Hence, the non-alcoholic beverage segment would acquire approximately 18% share of the market by 2030. The rising consumer focus on sustainability and health also contributes to creating high-quality beverages. To prevent contamination, these beverages require high hygiene during production. The production of non-alcoholic beverages necessitates retaining desirable end-product qualities through secure, affordable, and long-lasting multi-stage processing. In order to properly and safely manage or regulate the flow and transfer of fluids in a pipeline, sanitary pumps and valves are used. Some of the factors impacting the market are increasing emphasis on automation in various industries, rising IIOT implementation in process industries, and volatility in the cost of raw materials.
Pumps and sanitary valves are two main parts utilized in fluid handling systems that guarantee automation. Smooth surfaces and materials that are simple to clean are used in automated systems' design to reduce the danger of contamination. They also allow automated cleaning procedures like clean-in-place (CIP) to ensure maximum sanitation. As a result, there is a growing need for sanitary pumps and valves due to the increased emphasis on plant automation, and this demand will be responsible for the expansion of the market. Sanitary pumps and IIoT-enabled valves provide plant owners with advantages, including significant cost savings, quicker process recovery during maintenance breaks, better safety, decreased incidences of quality deviations and errors, useful analytics, and reduced unscheduled downtime. IoT solutions can assist the food and pharmaceutical industries to adhere to legal standards by providing thorough records of maintenance procedures, pump operations, and hygiene practices. Therefore, the rapid incorporation of IIoT in various processes has aided in the market's growth.
However, Steel and aluminum make up the largest portion of all raw materials because they are used to build the body structure, the motor that powers the pump, and the components of the pumps. Sanitary pumps and valves must be made from materials like 304L or 316L stainless steel that are odorless, noncorrosive, and non-toxic. The cost of the alloying element and the amount of the alloy determines the pricing of these stainless-steel variations. Sanitary pumps and valves are produced at varying costs depending on the price of the raw materials.
Based on pump type, the market is characterized into centrifugal pumps and positive displacement pumps. The positive displacement pumps segment procured a considerable growth rate in the market in 2022. Positive displacement (PD) pumps come in various types that are ideal for hygienic and high-purity applications in sanitary end-use industries. Positive displacement pumps are well known for transferring fluid by catching and transporting predetermined amounts of fluid from the pump intake to the pump outlet employing either reciprocating or rotational mechanical force. Positive displacement pumps share the ability to efficiently pump highly viscous fluids as one of their basic traits.
By power source, the market is bifurcated into electric and air. The electric segment witnessed the highest revenue share in the market in 2022. Electric sanitary pumps can provide fine control overflow rates, pressure, and others, resulting in reliable performance. In fields where precise dosing or handling of delicate materials is necessary, this precision is especially crucial. In comparison to some other types of pumps, electric sanitary pumps frequently function more silently, which can be advantageous in environments where noise reduction is crucial, such as laboratories or peaceful industrial areas.
Based on end user, the market is segmented into processed food, dairy, alcoholic beverage, non-alcoholic beverage, pharmaceutical, and others. The pharmaceutical segment recorded a promising growth rate in the sanitary pumps and valves market in 2022. The pharmaceutical business has contributed to some of the most significant human and environmental health advancements. Therefore, it is crucial to guarantee that the goods produced in this sector are high-quality and safe. The fundamental prerequisite for guaranteeing the greatest level of product quality is to maintain a safe, reliable, and effective production process.
By priming type, the market is divided into self-priming and non-self priming. The non-self priming segment recorded the highest revenue share in the market in 2022. Pumps that are not self-priming must be externally primed, which necessitates that the start-up liquid be poured into the pump before each start-up. Natural priming, priming with a vacuum pump, manual priming, priming with the help of a jet pump, employing a separator, installing a foot valve, and priming a pump with an ejector are a few of these techniques.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 2.1 Billion |
| Market size forecast in 2030 | USD 2.7 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 3.5% from 2023 to 2030 |
| Number of Pages | 279 |
| Number of Table | 440 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Pump Type, Power Source, Priming Type, End user, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment witnessed the maximum revenue share in the market in 2022. Over the past 20 years, frozen foods and goods with a health-conscious focus have become more popular and consumed. The expansion of the processed food business in the region is due to the rising demand for ready-to-eat (RTE) and convenient food options. These elements have increased the demand for sanitary pumps in the processed food sector. The growth of the market is anticipated to be aided during the forecast period by the expanding pharmaceutical, chemical, and processed food sectors, which are expanding rapidly in this region.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Xylem, Inc., Graco, Inc. (Newell Brands Inc.), Alfa Laval AB, KSB SE & Co. KGaA, GEA Group AG, SPX Flow, Inc., Dover Corporation, Spirax Sarco Limited, IDEX Corporation, Verder International B.V.
Free Valuable Insights: Global Sanitary Pumps and Valves Market size to reach USD 2.7 Billion by 2030
By Pump Type
By End User
By Power Source
By Primming Type
By Geography
The Market size is projected to reach USD 2.7 billion by 2030.
Rising IIoT implementation in process industries are driving the Market in coming years, however, Volatility in the cost of raw materials restraints the growth of the Market.
Xylem, Inc., Graco, Inc. (Newell Brands Inc.), Alfa Laval AB, KSB SE & Co. KGaA, GEA Group AG, SPX Flow, Inc., Dover Corporation, Spirax Sarco Limited, IDEX Corporation, Verder International B.V.
The Centrifugal Pumps segment acquired maximum revenue share in the Market by Pump Type in 2022; thereby, achieving a market value of $1.7 Billion by 2030.
The Processed Food segment is leading the Market by End user in 2022; thereby, achieving a market value of $876.3 Million by 2030.
The Asia Pacific region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1 Billion by 2030.
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