Thermoplastic Solenoid Valves Market is expected to reach a revenue of USD 641.6 Mn by 2033, at 5.7% CAGR: Dimension Market Research [Yahoo! Finance]
SMC CORP JAPAN S/ADR (SMCAY)
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Source: Yahoo! Finance
energy-efficient fluid control solutions across industries such as water treatment, chemical processing, and infrastructure. Also, developments in material technology, rising environmental concerns, and the push for automation will further enhance the market's potential, especially in emerging economies. New York, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Overview The Thermoplastic Solenoid Valves Market size is expected to reach USD 389.1 million by 2024 a nd is further anticipated to reach USD 641.6 million by 2033 according to Dimension Market Research. The market is anticipated to register a CAGR of 5.7% from 2024 to 2033. Thermoplastic solenoid valves are the valves that are build for electrical devices that handle the flow of fluids by a pipe or tube by using an electromagnetic coil to open or shut the valve. These valves are made from thermoplastic materials, including CPVC, PVC, or polypropylene, which delivers high resistance to chemicals and corrosive environments. Get Your
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