According to market analysis, the backflow preventers market is projected to expand steadily over the next decade, with an estimated market value of USD 13.8 billion by 2033. This growth reflects a compounded annual growth rate (CAGR) of 4.5% from 2023 to 2033. Backflow preventers are crucial components of plumbing systems designed to ensure the safety of …
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Backflow Preventers Market Key Players, Types, Applications, Countries, Industry Size and Forecast to 2031
Backflow preventer sales are set to reach US$ 367.4 Mn in 2021 with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), ESOMAR-certified research and consulting firm. Demand for backflow preventers waned in 2020 due to the recessionary effects of COVID-19 on construction activities, resulting in the deceleration of backflow preventers sales. …
Backflow Preventers Market to Witness Robust Expansion by 2031
Backflow preventer sales are set to reach US$ 367.4 Mn in 2021 with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), ESOMAR-certified research and consulting firm. Demand for backflow preventers waned in 2020 due to the recessionary effects of COVID-19 on construction activities, resulting in the deceleration of backflow preventers sales. …
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