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Industrial Cartridge valve is a control valve which can control stopping and opening of liquid’s circulating line. It generally components of valve core, valve cover, a spring and a sealing ring. According to the installation, it can be divided into two kinds, slip-in cartridge valve and screw-in cartridge valve.
These cartridge valves are a compact design that can be used in hydraulic manifold systems for many types of industrial and mobile machinery. These products are ideal for applications which require high flow rates and leak-free control.
The Industrial Cartridge Valves market covers Screw-in Cartridge Valve, Slip-in Cartridge Valve, etc. The typical players include HydraForce, Sun, Parker, Bosch-Rexroth, Eaton, Bucher, Comatrol(Danfoss), Moog, etc.
Market Analysis and Insights: Global Industrial Cartridge Valves Market
Due to the COVID-19 pandemic, the global Industrial Cartridge Valves market size is estimated to be worth USD 1462.5 million in 2022 and is forecast to a readjusted size of USD 1831.4 million by 2028 with a CAGR of 3.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Screw-in Cartridge Valve accounting forPercent of the Industrial Cartridge Valves global market in 2021, is projected to value USD million by 2028, growing at a revisedPercent CAGR from 2022 to 2028. While Construction Machinery segment is altered to anPercent CAGR throughout this forecast period.
The major players in global industrial cartridge valves market include HydraForce, Sun, Parker, etc. The top 3 players occupy about 40% shares of the global market. Americas and Asia-Pacific are main markets, they occupy about 66% of the global market. Screw-in cartridge valve is the main type, with a share about 90%. Construction machinery and material handling equipment are main applications, which hold a share about 80%.
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