Automotive Schrader Valve Market to Witness Significant Growth in the Coming Years

0
68
Automotive Schrader Valve Market

Schrader valve is a kind of inflatable tire valve which is used in passenger cars, agricultural vehicles, earth moving vehicles, and trucks among others. It comprises a valve stem in which the core of a valve is threaded and has been designed for automobile tires, bicycle and motorcycle tires. These valves consist of a threaded cylindrical hollow metal tube on the exterior side, typically made up of brass. There is a metal pin along the tube’s axis and the end of the pin is flushed with the end of the body of the valve. Moreover, schrader valves used on tires have bodies and threads of a single size at the exterior end, and thus tools and caps are common for the valves on similar applications. The valve’s core can be tightened or removed with the help of a tool. The fitting of a valve’s cap is extremely vital in order to prevent leakage or contamination of sealing surfaces which is normally caused by water and dirt from outside. Rock salt and various other chemical de-icers normally damage the brass components in a schrader valve.

The automotive schrader valve market is expected to grow at a significant rate owing to its excellent capability of sealing and adjusting high pressure in bicycle and motorcycle tires among others. Moreover, there is huge demand for this type of valve in different application areas. Schrader valves are widely used in pressurized liquid and compressed gas applications. The market is likely to expand even further, due to significant implementation of these valves in air-condition and refrigeration systems. In addition, with development of technology, various schrader valves are being continuously manufactured with different sizes of valve cores and for a diverse range of standard fluid and gas systems. However, wide availability of alternate valves such as Presta and Dunlop among others is anticipated to restrain the growth of the market to some extent. Furthermore, some air is lost while attaching and separating pumps to schrader valves. This type of valve also has a longer diameter than the Presta valve and thus find limited use in racing bicycles.

The automotive schrader valve market is divided into three segments, namely components, applications, and geography. On the basis of components, the market is categorized into stem, nut, valve core, washer, valve cap, and grommet. In terms of application, the market has been divided into high-pressurized tires, aircraft, refrigeration systems, fire-extinguishers, and air-conditioning systems. Schrader valves are significantly used in high pressurized tires to control air flow. In refrigeration systems, these valves are used to adjust high pressure. Furthermore, in automotive air-conditioning systems, schrader valves are welded or threaded to AC systems for high or low pressure adjustment. These valves are also extensively used in high-pressure hydraulic systems on aircrafts.

For More Details, Request A Sample Report

On the basis of geography, the market for automotive schrader valves is categorized into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The original design of this type of valve was patented in the U.S in 1893. In terms of revenue, North America holds the dominant share of the market, owing to presence of large number of valve manufacturers. Moreover, the regional market is likely to gain from the consistent demand in the U.S. and Canada. Asia Pacific is likely to grow at the highest CAGR during the forecast period. Automotive schrader valves prevent leakages in tires and thus experience high demand from various countries of this region. The market is also anticipated to grow at a stable rate in Middle East & Africa, and Latin America, owing to expanding automotive infrastructure in these regions.

Some of the major players operating in the Automotive Schrader Valve Market are Schrader International, Inc. (U.S.), Ningbo Yinzhou Yuanxing Tire Valve Co., Ltd. (China), Schrader Duncan Limited (India), WINDUS Enterprises Inc. (China), Didtek Valve Co., Ltd. (China), and N.S.-Lin Industrial Co. Ltd. (Taiwan) among others.

Leave a Reply