The one-way valve market was valued at $ 3,631.9 million in 2020, and is expected to reach $ 5,292.4 million by 2028, registering a CAGR of 5.1% from 2021 to 2028. One-way valves are also known as check valves or non-returning valves. These valves allow the flow of fluid only in one direction. Further, they restrict the reverse flow of fluid by physically closing the flow. These valves are majorly used in oil & gas, power, manufacturing, chemical, and water & wastewater industries.
The one-way valve market is majorly driven by rise in awareness and treatment of water and wastewater in municipal and industrial sectors. In addition, the one-way valve market is driven by growth of industrial and construction sectors in emerging countries such as Brazil, India, and China. However, there is a lot of physical wear and tear caused to restrict the flow of fluid in reverse direction. Thus, these valves need regular maintenance and monitoring. This acts as a restraint to the one-way valves market. On the contrary, adoption of IoT in industries makes these one-way valves more efficient and easy to monitor. Therefore, creating a major opportunity for growth during the forecast period.
The one-way valve market is segmented on the basis of type, application, sales type and region. On the basis of type, the market is divided into brass, stainless steel, carbon steel, and others. Depending on application, it is classified into oil & gas, power, chemicals, water & wastewater, pharmaceutical and others. On the basis of sales type, the market is divided into new sales and aftermarket sales. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Spain and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

Competition analysis
The major players profiled in the one-way valve market include AVK Holding A/S, DHV Industries, Emerson Electric Co., Flowserve Corporation, PetrolValves, Schlumberger Limited, SPX FLOW, Inc., The Weir Group PLC, Valvitalia SpA, and Velan Inc. Major companies in the market have adopted strategies such as business expansion, partnership, acquisition, and product launch to offer better products and services to customers in the one-way valve market.


KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging one-way valve market trends and dynamics.
- In-depth one-way valve market analysis is conducted by estimations for the key segments between 2021 and 2028.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of top competitors within the market framework.
- A comprehensive analysis of four major regions is provided to determine the prevailing opportunities.
- The market forecast analysis from 2021 to 2028 is included in the report.
- The key market players operating in the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the market industry.

KEY MARKET SEGMENTS
By Type
o Brass
o Stainless Steel
o Carbon Steel
o Others

By Application
o Oil & Gas
o Power
o Chemicals
o Water & Wastewater
o Others

By Sales Type
o New Sales
o Aftermarket Sales

By Region
o North America
? U.S.
? Canada
? Mexico
o Europe
? Germany
? UK
? France
? Spain
? Rest of Europe
o Asia-Pacific
? China
? Japan
? South Korea
? India
? Rest of Asia-Pacific
o LAMEA
? Latin America
? Middle East
? Africa
Key Players
? AVK Holding A/S
? DHV Industries
? Emerson Electric Co.
? Flowserve Corporation
? PetrolValves
? Schlumberger Limited
? SPX FLOW, Inc.
? The Weir Group PLC
? Valvitalia SpA
? Velan Inc.