The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Armstrong International Inc., Eaton Corp. Plc, Hayward Industries Inc., IFC Islip Flow Controls Inc., Keckley Co., OCK Engineers, Parker-Hannifin Corp., Sri Venkat Engineers, Watts Water Technologies Inc., and Weamco Inc. are some of the major market participants.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The adoption of automatic strainers has been instrumental in driving the growth of the market. However, vulnerability to erosion and corrosion might hamper market growth.
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