The COVID-19 pandemic has massively boosted the investment in biopharma sector. The rise in demand for COVID-19 vaccines, coupled with the growth in initiatives to tackle pandemic situations in the coming years has led to the growth in revenue for the biopharma companies. As a result of the same, these companies are increasingly looking towards advancing their infrastructure, and hygienic diaphragm valves is a vital part of the same. These valves help in the prevention of leakage of fluids, which in turn ensures the safety of various advanced processes in the biopharma sector. Furthermore, the market participants can reach more end-users using online sales channels, which have seen an immense growth during the pandemic, thereby increasing the revenue flow in the global hygienic diaphragm valves in biopharma market. Therefore, the market is expected to see considerable growth in the coming years, driven by the rise in demand for hygienic diaphragm valves due to the pandemic situation. Absolute markets insights reported that the global hygienic diaphragm valves in biopharma market is expected to grow at a CAGR of 6.87% over the forecast period (2021 – 2029).
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Absolute Markets Insights Reports that Hygienic Diaphragm Valves Products Segment Accounted for the Highest Market Share in 2020.
Market participants are increasingly providing a variety of hygienic diaphragm valves which can be used in the biopharma sector, based on the requirements of the end-users. The GEMÜ Group, for instance, provides diaphragm valves which can be used in the pharmaceutical sector for sterile applications. These single-use valves can also be used in the form of control valves in locations that require sterility. This company also provides pneumatically operated pinch valves, and manual operators for single use valves. However, the services segment is expected to show the maximum growth rate during the forecast years in the global hygienic diaphragm valves in biopharma market. The rise in demand for aftermarket services, along with installation and design, will help in the growth of services segment in the coming years.
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Asia Pacific Region to Show the Highest Growth Rate During the Forecast Years (2021-2029)
Absolute Markets Insights reported that the Asia Pacific region will exhibit highest growth rate as far as the regions are concerned in the global hygienic diaphragm valves in biopharma market is concerned. The increasing focus in the manufacturing sector in countries like Malaysia, India, China and Indonesia, amongst others, coupled with the advancement in online sale channels in the region is expected to lead the growth of the market in the Asia Pacific region. Government bodies in the Asia Pacific countries are increasingly encouraging local manufacturing of hygienic diaphragm valves, and the export of these products for drawing in more revenue. Donjoy Technology Co., Ltd., for instance, is a leading hygienic diaphragm valve manufacturer based in China. They sell their products directly, as well through the Alibaba platform, thereby helping them to reach more customers in countries like the U.S., the UK, and the UAE, amongst others. Furthermore, global companies are largely looking towards setting up local manufacturing plant or distribution centers in this region, as there is an abundance of both skilled and unskilled labour coupled with natural resources that can aid manufacturing. These factors are expected to help towards the growth of the Asia Pacific hygienic diaphragm valves in biopharma market in the coming years.
Some of key players operating in the global hygienic diaphragm valves in biopharma market are ALFA LAVAL, Aquasyn LLC, Donjoy Technology Co., Ltd., Entegris, FLEXACHEM, Saint-Gobain Performance Plastics, Watson-Marlow Fluid Technology Group, Emerson Electric Co, and INOXPA S.A.U., amongst others.
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Global Hygienic Diaphragm Valves in Biopharma Market
By Seal Material
By Valve Configuration
- One Valve
- Two Valve
By Distribution Channel
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
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