Innovation led by technological advancements for manufacturing industrial valves is projected to fuel the growth of the Industrial Valve Market at a CAGR of 4.68% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published on the “Global Industrial Valve Market”.

The Industrial Valve Market is estimated to register a CAGR of 4.68% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global Industrial Valve Market— Emerson Electric Co, SLB, IMI PLC, Flowserve Corporation, Trillium Flow Technologies, Crane Company, Walworth, AVK Holding A/S, Kitz Corporation, Arflu SA.

Market Highlights

The global Industrial Valve Market is accounted for to register a CAGR of 4.68% during the forecast period and is estimated to reach USD  108,385.7  Million by 2032.

The global Industrial Valve Market is foreseen to grow during the forecast period 2024-2032 due to the developments in advanced valves that are boosting the durability of them. High-end industrial valve manufacturers such as Emerson Electric Co (USA), SLB (USA), Flowserve Corporation (USA), Crane Company (USA), IMI PLC (UK), Trillium Flow Technologies (UK), Walworth (Spain), AVK Holding A/S (Denmark), Kitz Corporation (Japan), Arflu SA (Spain) are all steadily coming out with new designs, with different sizes, and manufacturing processes to drive down manufacturing costs. The Valtek® ValdiskTM high-performance butterfly valve from Flowserve Corporation, a top supplier of flow control goods and services to the world's infrastructure sectors, has received licensor approval to be used in pressure swing adsorption (PSA) applications.

Access full report @ https://www.marketresearchfuture.com/reports/industrial-valve-market-7536

Segment Analysis

The global Industrial Valve Market has been segmented based on Valve, Materials, End Use, Size and Region.

The global Industrial Valve Market segmentation, based on Valve has been segmented as ball valves, butterfly valve, check valve, pinch valve, plug valve, globe valve, gate valve, and other valves. Among these, the gate valve segment is anticipated to dominate the global Industrial Valve Market revenue through the projected period as estimated by MRFR analysts The global Industrial Valve Market is segmented by Valve into, Ball Valves, Butterfly Valves, Check Valves, Pinch Valves, Plug Valves, Globe Valves, Gate Valves, and Others. Among these, Gate Valves are expected to dominate market revenue throughout the forecast period. Gate Valves are anticipated to be favored due to their ability to provide a full, unobstructed flow path and effectiveness in on-off applications.

The global Industrial Valve Market is segmented by materials, including Stainless Steel, Cast Iron, Alloy-based, Cryogenic, and others. Stainless Steel is anticipated to dominate market revenue throughout the forecast period, driven by its exceptional corrosion resistance, high strength, and durability. This material is expected to be particularly favored in harsh environments and high-pressure systems.

The global Industrial Valve Market is segmented by end use into categories such as Oil & Gas, Construction, Energy & Power, Chemicals, Food & Beverages, Water and Wastewater Treatment, Mining, Cement, Agriculture, Refining and Petrochemicals, Pulp & Paper, and others. The Oil & Gas segment is anticipated to dominate market revenue throughout the projected period.

The global Industrial Valve Market is segmented by size into Less than 1”, 1” to 25”, 25” to 50”, and 50” and above. The 1” to 25” segment is expected to dominate the market revenue throughout the projected period. This size range is widely used across industries such as oil & gas, energy & power, chemicals, and water treatment, due to its versatility in managing fluid flow and pressure.

Regional Analysis

By Region, the Industrial Valve Market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia Pacific Industrial Valve Market holds a considerable market share and is also forecasted to hold the largest share during the forecast period. The oil & gas and energy & power sector in Asia Pacific with leading manufacturers such as China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec), and China National Offshore Oil Corporation (CNOOC), is increasingly utilizing industrial valves to produce robust, more efficient valves that comply with stringent emissions regulations. In energy & power, companies like Adani Green Energy Limited and China National Petroleum Corporation (CNPC) are incorporating industrial valves into their renewable energy projects. The water & wastewater industry in Asia Pacific is also a major consumer of these valves, leveraging their durability, and innovative designs.

Key Findings of the Study

• The global Industrial Valve Market is expected to reach USD 1,08,385.7 Million by 2032, at a CAGR of 4.68% during the forecast period.


• The Asia Pacific region accounted for the fastest-growing global market.


• Based on Valve, the Gate valve segment was attributed to holding the largest market in 2023.


• Based on Materials, Stainless Steel segment was attributed to holding the largest market in 2023.


• Based on End Use, the Oil & Gas segment was attributed to holding the largest market in 2023.


• Based on Size, the 1” to 25”segment was attributed to holding the largest market in 2023.


• Emerson Electric Co, SLB, IMI PLC, Flowserve Corporation, Trillium Flow Technologies, Crane Company, Walworth, AVK Holding A/S, Kitz Corporation, Arflu SA are the key market players.