Dispensing Valves Market Size, Share, Growth, And Industry Analysis by Type (Spray Valve, Needle Dispensing Valve, Diaphragm Glue Valve, Screw Dispensing Valve, and Others) By Application (Electronics Manufacturing, Appliance Industry, Automotive Electronics, and Others), Regional Forecast To 2031

Updated On: 01 April 2024

Dispensing Valves Market Report Overview

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The global dispensing valves market size was USD 96.2 million in 2021 and market is projected to touch USD 148.92 million by 2031, exhibiting a CAGR of 4.5% during the forecast period.

Dispensing valves are the systems that provide precise fluid dispensing. The fluids are dispensed from low viscosity to high viscosity. They are also dispensed from low volatility to high volatility. This is done with precision and ease. The sizes of the shots and strokes can be adjusted based on applications, which provides dynamic speed. Dispensing valves can be made of plastic or metal based on the type of fluid and the application for which it is used.

The needle dispensing valve release the fluids when an activator acts on a piston. They shift the needle into an open position. Spray valves spray media just on the target area. The output produced from the dispensing valves can be a bead, dot, flat spray, round spray, or fill. This depends on the valve design and is also dependent on the properties of the fluid.

COVID-19 Impact: Increase in Remote Working to Foster Growth

The COVID-19 pandemic gave rise to a new work environment, with more and more people working from home. Offices and educational institutions took to the digital life. Students attended their classes online and people took to new digital hobbies. With more and more students and educational institutes taking up remote learning, education technology platforms flourished during the pandemic, giving people the incentive to buy personal computers, which are better for using for a longer period of time. This gave a rise to the electronics market and subsequently the dispensing valves market. People who were earlier dependent on handheld devices such as mobiles and tablets have started buying computers for work, learning, gaming, and entertainment. COVID-19 has boosted the market for dispensing valves.

Latest Trends

"Use in Electronics Industry to Increase Demand"

The electronics industry is growing very rapidly. There are new technological improvements in such electronics every few weeks. The devices are getting smaller and smaller. People prefer small and handier devices for their daily needs. The electrical components in these devices are becoming more intricate with every advancement. With this, it had become a need to ensure that all the measurements for electrical signals are precise. If the measurements are not precise, the device will not be able to handle the rigorous and complex processes and standards. As the demand for these technologically advanced devices increases, the dispensing valves market growth will also increase.

Dispensing Valves Market Segmentation

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• By Type Analysis

On the basis of type, the dispensing valves market can be segmented into spray valve, needle dispensing valve, diaphragm glue valve, screw dispensing valve, and others. The leading segment in the market is spray valve.

• By Application Analysis

According to application, the dispensing valves market can be bifurcated into electronics manufacturing, appliance industry, automotive electronics, and others. The electronics manufacturing segment dominates the market.

Driving Factors

"Rising Digitization to Stimulate Demand"

Every sector of society is experiencing a phase of rapid digitization. Students are opting for digital learning, and all aspects of businesses are being transferred to computers. Small businesses, which earlier used to rely on manual file systems are now opting for computers for their daily work needs. Accounting, inventory, and billing are the areas of business that are experiencing rapid digitization. Students are leaning towards online learning instead of traditional coaching and tutoring centers. With more and more people opting to work from home, the electronics market is anticipated to see more growth in the coming years. The electronics manufacturing market is seeing rapid growth and so is the dispensing valves market.

"Growth of The Gaming Industry to Boost Demand"

The gaming industry is proving to be one of the biggest among the technological industries today. It has become an important aspect of our current culture and entertainment patterns. Many people are opting for professional gaming, as a career or as a hobby recently. There are tournaments being conducted specifically for gaming. Video games have become ingrained in our culture and everyday lifestyle. During the COVID-19 pandemic, people took to gaming as a hobby, something that they didn’t have time for earlier. Since gamers use their computer systems for an extended period of time, there is an increasing demand for computers and laptops by gamers. This is increasing the dispensing vales market size.

Restraining Factors

"High and Regular Maintenance Requirements to Challenge Growth"

Dispensing valves can require constant maintenance for functioning properly. This maintenance takes too much time which can harm the productivity of the organization. Also, the upkeep and maintenance will lead to an increase in the overhead costs of the business. This harms the business financially as well as hampers the levels of production. Due to this, it is really important to choose the right type of dispensing valves according to the needs and uses of the organization. This is difficult and costly. So, frequent maintenance is challenging the dispensing valves market growth.

Dispensing Valves Market Regional Insights

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"North America to Dominate owing to Growing Electronics Sector"

North America also holds a major portion of the dispensing valves market share due to a high number of working professionals residing in this area. The presence of some of the world’s leading electronics manufacturers and growing computer sales owing to the wide-scale work-from-home trend will work in favor of regional market players.

The Asia Pacific is currently showing the greatest dispensing valves market growth. This is due to the rising disposable incomes of the population. Outsourcing and the availability of cheap workers are also augmenting the growth of dispensing valves in this region. Asia Pacific being a major global hub for semiconductor and electronics production creates lucrative opportunities for the market.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Henkel (German)
• Nordson (U.S.)
• MUSASHI (India)
• Graco (U.S.)
• DELO (Germany)
• Techcon Systems (U.S.)
• Iwashita Engineering Inc (Thailand)
• Fisnar (U.S.)
• Dymax Corporation (U.S.)
• Axxon (U.S.)
• PVA (India)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.