Thermostatic valves are typically used for regulating the fluid flow to the radiators of central heating systems. They are provided with a regulating element which automatically controls the opening of the valve to keep room temperature at constant set value. The number on the valve corresponds to a specific air temperature. Once number is selected, the thermostatic valve will maintain this temperature. This prevents unwanted temperature rises and achieves considerable energy savings. The quality is up to the requirement of EN215 and BS7556 standard.
Thermostatic radiator valves regulates the flow of hot water or low pressure steam through free-standing radiators, baseboards, or convectors in hot water and two-pipe steam systems. Operators and valves are packaged separately to allow an installer to select a suitable combination for each application. Thermostatic radiator valves are used in various nonresidential and residential spaces. These valves impart convenience, comfort, and energy efficiency that rises the demand for the thermostatic radiator valves market. Thermostatic radiator valves are a cheap and easy way of controlling temperature zones throughout households and large commercial buildings with a central heating system. This surges the growth of the thermostatic radiator valve market. The Thermostatic radiator valves also helps save the fuel in boiler-based systems, thus constructing huge opportunities.
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The thermostatic radiator valves market is segmented on the basis product type, application and geographical region. By product type thermostatic radiator valves market can be segmented into electronic TRVs and self-operate TRVs. On the basis of application, the market is divided into steam heating system and hot water system. The areas of application for the HERZ thermostatic valves are universal. In residential areas, in the working area, in public buildings, or in short - in the smallest and largest premises, a cosy atmosphere can be provided all over with thermostatic valves.
By geographical region the global thermostatic radiator valves market is split up into North America, Europe, Asia Pacific, Middle East & Africa and South America. North America and Western Europe are estimated to dominate the global thermostatic radiator valves market owing to high awareness on energy savings and presence of large number of commercial and residential buildings in these regions.
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Asia Pacific is expected to witness significant growth rate in the market due to growing construction industry and regulations related to energy saving. Latin America and Eastern Europe are expected to witness considerable growth in the global thermostatic radiator valves market during the forecast period. Middle East and Africa is projected to exhibit slow growth during the forecast period.
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Acquisitions and Merger, new product introductions, investments, and corporations & developments are the key strategies adopted by market companies to ensure their growth in the thermostatic radiator valves market. The key players are I.V.A.R. S.p.a. Drayton, West Radiators, Zhejiang Hualong Valvess Co., Ltd., Honeywell International Inc, Caleffi S.p.a., GIACOMINI U.K., American Steam Control, Ningbo Jiangbei Ysincere Commodity and hardware Manufacturing Co., Ltd.are some major players in the thermostatic radiator valves market.
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