Frequently Asked Questions
The market is segmented based on , By Type (2 Way, 3 Way, 4 Way, and 5 Way), Operating Type (Direct, Semi-Direct, and Indirect), End User (Chemical and Petrochemical, Water and Wastewater, Automotive, Medical, Pharmaceutical, Power Generation, Food and Beverages) – Industry Trends and Forecast to 2031.
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The Global Plastic Solenoid Valves Market size was valued at USD 4.48 USD Billion in 2023.
The Global Plastic Solenoid Valves Market is projected to grow at a CAGR of 3.6% during the forecast period of 2024 to 2031.
The major players operating in the market include CEME S.p.A. (Italy), CKD Corporation (Japan), ODE S.r.l. (Italy), KANEKO SANGYO Co. Ltd. (Japan), Takasago Electric Industry Co. Ltd. (Japan) Curtiss-wright Corporation (U.S.), ALFA LAVAL (Sweden), IMI plc (U.K.), LESER GmbH & Co.KG (Germany), The Weir Group PLC (Scotland), Forbes Marshall (India), Bosch Rexroth AG (Germany), Spirax Sarco Limited (U.K.), Danfoss A/S (Denmark), GSR Ventiltechnik GmbH & Co. KG (Germany), ASCO Valve, Inc. (U.S.), Christian Bürkert GmbH & Co. KG (Germany), KANEKO SANGYO Co. Ltd. (Japan).
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.