Canada Solenoid Valve Market, USD Million, Forecast to 2027, by End User

Year CHEMICAL & PETROCHEMICAL OIL & GAS FOOD & BEVERAGES WATER & WASTEWATER POWER GENERATION AUTOMOTIVE PHARMACEUTICAL MEDICAL OTHERS
2016 $ 8.2 $ 7.3 $ 5.7 $ 3.1 $ 6.5 $ 4.0 $ 5.1 $ 6.9 $ 1.7
2017 $ 8.8 $ 7.9 $ 6.0 $ 3.3 $ 6.9 $ 4.2 $ 5.4 $ 7.5 $ 1.8
2018 $ 9.4 $ 8.4 $ 6.4 $ 3.5 $ 7.3 $ 4.5 $ 5.6 $ 8.0 $ 1.9
2019 $ 10.0 $ 9.0 $ 6.8 $ 3.6 $ 7.6 $ 4.7 $ 5.8 $ 8.5 $ 1.9
2020 $ 10.3 $ 9.3 $ 7.0 $ 3.7 $ 7.7 $ 4.8 $ 5.9 $ 8.9 $ 1.9
2021 $ 10.7 $ 9.6 $ 7.2 $ 3.7 $ 7.9 $ 4.9 $ 6.0 $ 9.3 $ 2.0
2022 $ 11.2 $ 10.1 $ 7.5 $ 3.8 $ 8.2 $ 5.1 $ 6.2 $ 9.7 $ 2.0
2023 $ 11.7 $ 10.6 $ 7.8 $ 3.9 $ 8.4 $ 5.3 $ 6.3 $ 10.3 $ 2.0
2024 $ 12.2 $ 11.1 $ 8.1 $ 4.1 $ 8.7 $ 5.5 $ 6.5 $ 10.8 $ 2.1
2025 $ 12.8 $ 11.7 $ 8.5 $ 4.2 $ 9.0 $ 5.7 $ 6.7 $ 11.4 $ 2.1
2026 $ 13.4 $ 12.3 $ 8.8 $ 4.3 $ 9.3 $ 5.9 $ 6.8 $ 12.0 $ 2.2
2027 $ 14.0 $ 12.9 $ 9.2 $ 4.4 $ 9.6 $ 6.1 $ 7.0 $ 12.7 $ 2.2
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Canada Solenoid Valve Market, USD Million, Forecast to 2027, by End User

Synopsis
The above chart is Canada Solenoid Valve Market, USD Million, Forecast to 2027, by End User

Market Dynamics

the solenoid valve market in canada is witnessing a significant demand from various end user industries such as oil and gas, water and wastewater treatment, chemical and petrochemical, food and beverage, and automotive. this demand is driven by the increasing adoption of automation in these sectors, which requires efficient and reliable control systems for the smooth operation of industrial processes. the oil and gas industry is a major contributor to the demand for solenoid valves in canada. these valves play a crucial role in controlling the flow of gases and liquids in the extraction, processing, and distribution of oil and natural gas. as the canadian oil and gas industry continues to expand, the demand for solenoid valves is expected to increase as well. the water and wastewater treatment sector is another key end user of solenoid valves in canada. these valves are used in the treatment and distribution of clean water, as well as in the control of wastewater flow and treatment processes. with initiatives by the canadian government to improve water and wastewater infrastructure and regulations, the demand for solenoid valves is expected to grow in this sector. the chemical and petrochemical industry in canada also presents a significant demand for solenoid valves. these valves are used in a wide range of applications, such as controlling the flow of various chemicals in manufacturing processes, managing hazardous substances, and regulating pressure and temperature in pipelines. as the demand for chemical and petrochemical products continues to rise, the need for efficient and reliable solenoid valves will also increase. in the food and beverage industry, solenoid valves are essential components in the processing and packaging of various products. these valves are used for controlling the flow of liquids and gases, as well as for filling and dispensing operations. with the growth of the food and beverage industry in canada, the demand for solenoid valves is expected to grow as well. the automotive sector also presents a considerable demand for solenoid valves in canada. these valves are used in various automotive systems, such as transmissions, exhaust gas recirculation, and air conditioning. with the increasing production and demand for vehicles in canada, the demand for solenoid valves is expected to witness steady growth in this sector. in conclusion, the demand for solenoid valves in canada is being driven by various end user industries, such as oil and gas, water and wastewater treatment, chemical and petrochemical, food and beverage, and automotive. as these sectors continue to expand and adopt automation, the demand for efficient and reliable solenoid valves is expected to grow as well.

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