Fire Fighting Valve Market - Forecast(2022 - 2027)

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Fire Fighting Valve MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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• Fire Fighting Valve Market size was valued
  at 3996.7 million in 2020 and it is estimated to
  grow at a CAGR of 3.4 during 2021-2026 owing to
  the rising demand for safety tools across
  industries, which is one of the major driving
  factors for the Fire Fighting Valve market.
• Moreover, stringent norms and governments
  initiatives for operational along with building
  safety accelerate the growth of fire-fighting
  valve industry.
• Apart from that, industrialization and
  urbanization along with increasing investment
  across industries are also creating tremendous
  growth opportunity for the market. 

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• Key Takeaways
• Butterfly valve is anticipated to witness a
  significant amount of growth, owing to rapid
  industrilaztion and its ability to offer enhanced
  operational efficiency. 
• Oil and Gas held the major market share in 2020,
  and is analysed to witness significant growth
  between 2021-2026. Rising requirement for safety
  tools in this sector is the key factor behind the
  growth.
• North America held the major market share in 2020
  and is anticipated to witness significant growth
  during forecast period, owing to the early
  adoption of this technology, rising investments
  in industries and the presence of prominent
  market players.

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Fire Fighting Valve Market Segment Analysis- By
Type Fire-fighting valve market is segmented into
Butterfly Valve, Pressure Reducing Valves, Safety
Valves, Ball Valves, UL/FM Valves, Alarm Check
Valves, Deluge Valves, Gate Valves and Others,
based on the type. Butterfly valve dominated the
market with a share of 24.0 in 2020 and is
anticipated to grow with a CAGR of 3.9 during
the forecast period 2021-2026, due to the
increasing usage of this valve across industries.
Increasing investment in various industries
creates a massive requirement for safety tool
that fuels the demand for this valve.
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• Fire Fighting Valve Market OutLook
• Akron Brass Company,
• Angus Fire Limited,
• American AVK Company,
• Honeywell International Inc.,Parker-Hannifin
  Corporation,
• W. W. Grainger, Inc.,
• Tyco (Johnson Controls International PLC),
• Val-Matic Valve Mfg. Corporation,
• William Eagles Ltd,
• MH Valve Company 

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Fire Fighting Valve Market -
Forecast(2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/1977
5/fire-fighting-valve-market.html
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• Analyst Briefing
• Data Tables
• Key Contacts
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