Degassing Valves Market is Expected to Total USD 215.7

DUBAI, United Arab Emirates, Jan. 20, 2022 (GLOBE NEWSWIRE) — The global degassing valve market is estimated to reach US$140.0 million in 2022 and should total US$215.7 million by 2031, with sales growing to a 4.9% from 2022 to 2031.

According to a recent market analysis by Future Market Insights (IMF), the global market Degassing Valves Market the waist is projected upwards US$140 million in 2022. With sales growing at a 4.9% CAGR, market size will total US$215.7 million in 2031.

Degassing valves are used to vent/degas carbon dioxide and air inside various bags and pouches. With their exceptional functionality, these valves maintain the freshness, aroma and quality of foods such as coffee, dairy, pet food, etc.

Estimated Degassing Valves Market Size 2022 US$140.0 million
Projected Degassing Valves Market Size 2031 US$215.7 million
CAGR Based on Degassing Valves Market Value (2022-2031) 4.9%
Market Share of Top 5 Degassing Valves Market (2022E) 35-40%

Request a sample report for complete information on https://www.futuremarketinsights.com/reports/sample/rep-gb-14239

With their degassing mechanism, these valves have brought about a significant change in the way coffee and other food products are packaged and transported. The introduction of flexible packaging is also expected to boost degassing valve sales over the review period.

Factors such as increasing coffee consumption among millennials and increasing import and export of coffee products globally are key factors driving the degassing valve market.

Degassing valves are available with or without filter. Both types have their own mechanism and functionality. Degassing valves with built-in filters are mainly suitable for powdered foods and coffee products. The filter can prevent small powder particles from entering the degassing valve.

The major manufacturers operating in the market provide valves with filters to meet the precise requirements of brand owners. The addition of these filters allows manufacturers to offer degassing valves for coffee bean and coffee powder packaging.

Rising demand for degassing valves with built-in filter mechanism among small coffee brand owners as well as major coffee brand owners is expected to complement the market growth over the assessment period.

For any questions related to the report, ask an [email protected] https://www.futuremarketinsights.com/ask-question/rep-gb-14239

Report scope

Attribute Details
Forecast period 2022-2031
Historical data available for 2016-2021
Market analysis Millions of US dollars for value and units in thousands of dollars for volume
Key regions covered North America, Latin America, Europe, Middle East and Africa, East Asia, South Asia and Oceania
Main countries covered United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia and New Zealand, GCC countries and South Africa
Key Segments Covered Product type, material, packaging format, end use and region
Profiled Key Companies • CCL Industries

• Syntegon Technology GmbH

• FLAIR flexible packaging company

• Goglio SpA

• Amcor plc

• Plitek Valves Inc.

• Tricor Brown Flex

• Wipf Holding AG

• Tungyi Hardware Co., Ltd.

• Fres-co system United States

• UrthPact, LLC

Report cover Market forecasts, company share analysis, competitive intelligence, DROT analysis, market dynamics and challenges, and strategic growth initiatives

Key points to remember:

  • By Product Type, the Integral Filter Valves segment is expected to represent 3/4 of the total market share until 2031.
  • Based on the type of material, PE (polyethylene) will emerge as the most preferred material for the production of degassing valves. The segment should offer an additional opportunity to US$38.0 million during the forecast period.
  • Collectively, North America and Europe are expected to hold approximately 52.0% of the degassing valves market share in 2022.

We offer bespoke solutions to meet your needs, request customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-14239

Competition landscape

CCL Industries, Goglio SpA, Fres-co System USA, Inc are the major players operating in the global degassing valves market. Additionally, TricorBraun Flex, Plitek Valves Inc., Syntegon Technology GmbH, FLAIR Flexible Packaging Corporation, Layfield Group. Ltd., Amcor plc are some of the major players operating in the market.

Tier 3 market players hold 35-45% in the global degassing valve market. In conclusion, the major players account for almost 55-65% of the global degassing valve market.
Major players operating in the global degassing market are investing in research and development to develop flexible packaging solutions for coffee and other products. In addition to this, players are investing in mergers, acquisitions, and collaborations to gain a competitive advantage in the market.

Buy [email protected] https://www.futuremarketinsights.com/checkout/14239

Explore FMI’s extensive ongoing packaging coverage

Flat Valve Caps and Closures Market – The packaging market is heating up due to the growing demand for innovative packaging styles such as attractive caps and closures from both manufacturers and consumers.

Glued Valve Bag Market – The need for resource efficient packaging of granular products such as grain, cement, pet food, fertilizer and pharmaceuticals has led to the innovation of the valve bag glue.

Aerosol Valves Market – Rising consumer spending on personal care and hygiene products is the major factor driving the demand for aerosol valves.

Straw Papers Market – Recently released data from the straw papers market analysis shows that the global market demand for straw papers is expected to register a CAGR of around 5.7% during the forecast period and reach thousands of tons by 2031.

NCR Laser Paper Market – The global NCR Laser Paper market is expected to grow by 6% to 6.5% CAGR between 2021 and 2031. Along with this, NCR Laser Paper sales are expected to reach millions of tons, during of the predicted decade. .

Parchment Paper Market – The global parchment paper market is expected to register growth at a 6% CAGR over the next decade. Based on our survey results, the sales of parchment paper is expected to reach one thousand tons, during the forecast period between 2021 and 2031.

Large Character Printer Market – Based on future growth projections, the global large character printer market is expected to register growth at 6% to 6.5% CAGR over the forecast period between 2021 and 2031.

NCR Printer Market – According to latest report by Future Market Outlook, the demand for NCR printing machines is expected to grow to 7% to 7.7% CAGR between 2021 and 2031

Syringe Labels Market – According to Latest Industry Survey by Future Market Outlook, demand for syringe labels is expected to grow at 10% to 11% CAGR between 2021 and 2031

Disposable Curd Cups Market – According to the latest market analysis by Future Market Insights (IMF) on the global disposable curd cups market for the forecast period 2021-2031, the market is expected to be driven by continuous research activities and development in the field of sustainable development. packaging, increasing the change in ease and convenience when handling the product and customizations available in disposable packaging.

About Future Market Insights (IMF)
Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, USA and India. FMI’s latest market research reports and industry analysis help businesses meet challenges and make critical decisions with confidence and clarity amidst fierce competition. Our custom and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continuously monitor emerging trends and events across a wide range of industries to ensure our clients are prepared for the changing needs of their consumers.

Contact:

future market outlook,
1602-6 Jumeirah Bay Tower X2,
Parcel number: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For sales inquiries: [email protected]
For media inquiries: [email protected]
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/degassing-valves-market
Source of press release: https://www.futuremarketinsights.com/press-release/degassing-valves-market

Comments are closed.