Global Market Study on Backflow Preventers Market: Emerging Economies to Pave the Way for Growth
The global backflow preventers market is anticipated to grow 1.4 times its current market value by the end of the forecast period. Backflow prevention devices help in mitigate the reversal of the flow of source of contamination into a portable water system that could lead to faulty operations. Backflow preventers have been finding significant adoption in applications to protect drinking water from pollution due to backflow of contaminated fluid. Over the years, concerns regarding the consumption of polluted water and its adverse effects on health and liability have significantly increased, thus pushing the adoption of backflow preventers.
Sales of backflow preventers are anticipated to proliferate on the back of growing demand in residential, industrial, and construction sectors. Moreover, the surging adoption in the plumbing codes in North America and Europe are also contributing to the overall growth of the market.
Market Players Eye on Reduced Pressure Zone Segment to Leverage High Need
XploreMR, in its latest study on the backflow preventers market, offers a detailed value analysis of the backflow preventers market on the basis of various segments such as product type, material type, end use, and region.
By product type, the atmospheric vacuum breakers segment is projected to be a prominent segment in terms of unit sales. However, with respect to market size, the reduced pressure zones segment is expected to be a prominent segment in the global backflow preventers market. From a macroeconomic point of view, a positive outlook for the residential and commercial construction industry will create substantial opportunities for participants in the backflow preventers market across the globe.
The backflow preventers market report covers the market analysis through basis point analysis (BPS), incremental dollar opportunity index, market attractiveness analysis, and Y-o-Y growth. The market analysis for the backflow preventers market value has been considered in US $ million and market volume in ‘000 units, covering data for the historical period 2014–2018 and forecast period 2019–2029, with 2018 as the base year.
An Overview of the Backflow Preventers Market Report Chapters
Backflow Preventers Market: Global Industry Analysis (2014-2018) And Opportunity Assessment (2019-2029)Buy Now
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