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    Industrial Thermostatic Control Valves Market

    ID: MRFR/CO/28169-HCR
    111 Pages
    Snehal Singh
    October 2025

    Industrial Thermostatic Control Valves Market Research Report By Type (Two-Way Control Valves, Three-Way Control Valves, Mixing Control Valves, Pressure Independent Control Valves), By Size (DN10, DN15, DN20, DN25, DN32, DN40, DN50, DN65, DN80, DN100, DN125, DN150), By Industry (HVAC, Oil and Gas, Water and Wastewater Treatment, Power Generation, Petrochemical), By Operation (Pneumatic, Electric, Self-Contained) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    Industrial Thermostatic Control Valves Market Infographic
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    Industrial Thermostatic Control Valves Market Summary

    The Global Industrial Thermostatic Control Valves Market is projected to grow from 8.27 USD Billion in 2024 to 11.85 USD Billion by 2035.

    Key Market Trends & Highlights

    Industrial Thermostatic Control Valves Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 3.32 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 11.9 USD Billion, indicating robust growth potential.
    • in 2024, the market is valued at 8.27 USD Billion, reflecting a solid foundation for future expansion.
    • Growing adoption of advanced temperature control technologies due to increasing industrial automation is a major market driver.

    Market Size & Forecast

    2024 Market Size 8.27 (USD Billion)
    2035 Market Size 11.85 (USD Billion)
    CAGR (2025-2035) 3.32%

    Major Players

    Honeywell International Inc., ABB Ltd., Schneider Electric SE, IMI plc, Flowserve Corporation, SpiraxSarco Engineering plc, Rockwell Automation, Inc., Pentair plc, Johnson Controls International plc, Emerson Electric Co., Danfoss A/S, Yokogawa Electric Corporation, Crane Co., Siemens AG, Alfa Laval AB

    Industrial Thermostatic Control Valves Market Trends

    The Industrial Thermostatic Control Valves Market is anticipated to exhibit steady growth in the coming years. Key market drivers include the increasing demand for energy-efficient solutions, growing urbanization, and expanding industrial sectors. Opportunities to be explored include the development of smart thermostatic control valves with advanced functionalities and the adoption of these valves in emerging economies.Recent trends in the market include the integration of Internet of Things (IoT) capabilities into thermostatic control valves, enabling remote monitoring and control. Additionally, there is a growing focus on sustainability, leading to the development of eco-friendly thermostatic control valves with reduced carbon emissions.

    These trends are expected to shape the future of the Industrial Thermostatic Control Valves Market, creating new avenues for growth and innovation.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The increasing emphasis on energy efficiency and automation in industrial processes appears to drive the demand for advanced thermostatic control valves, which are essential for maintaining optimal temperature regulation in various applications.

    U.S. Department of Energy

    Industrial Thermostatic Control Valves Market Drivers

    Market Growth Projections

    The Global Industrial Thermostatic Control Valves Market Industry is poised for substantial growth, with projections indicating a market size of 8.27 USD Billion in 2024 and an anticipated increase to 11.9 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 3.32 percent from 2025 to 2035. The increasing adoption of thermostatic control valves across various sectors, driven by the need for energy efficiency, technological advancements, and regulatory support, suggests a robust market outlook. These figures highlight the potential for investment and innovation within the industry.

    Rising Demand for Energy Efficiency

    The Global Industrial Thermostatic Control Valves Market Industry is experiencing a notable increase in demand for energy-efficient solutions. Industries are increasingly adopting thermostatic control valves to optimize energy consumption and reduce operational costs. For instance, the integration of these valves in HVAC systems can lead to energy savings of up to 30 percent. As organizations strive to meet sustainability goals, the market is projected to reach 8.27 USD Billion in 2024, reflecting a growing trend towards energy-efficient technologies. This shift not only enhances operational efficiency but also aligns with global initiatives aimed at reducing carbon footprints.

    Increased Focus on Process Optimization

    There is a growing emphasis on process optimization across various industries, which is positively impacting the Global Industrial Thermostatic Control Valves Market Industry. Companies are increasingly looking for ways to enhance their operational processes, reduce waste, and improve overall efficiency. Thermostatic control valves are integral to achieving these objectives, as they provide precise temperature regulation, thereby optimizing production processes. This focus on efficiency is likely to drive market growth, as industries recognize the value of investing in advanced control technologies to streamline operations and reduce costs.

    Growth in the Chemical Processing Sector

    The chemical processing sector is a significant driver for the Global Industrial Thermostatic Control Valves Market Industry. As the demand for chemicals continues to rise, the need for efficient temperature control systems becomes increasingly critical. Thermostatic control valves play a vital role in maintaining optimal process conditions, ensuring product quality and safety. The expansion of chemical manufacturing facilities globally is expected to bolster the market, with industries seeking reliable solutions to manage temperature fluctuations. This trend underscores the importance of thermostatic control valves in enhancing operational efficiency within the chemical sector.

    Technological Advancements in Valve Design

    Innovations in valve technology are driving growth in the Global Industrial Thermostatic Control Valves Market Industry. Advanced materials and smart technologies are being integrated into valve designs, enhancing their performance and reliability. For example, the development of electronically actuated thermostatic valves allows for precise temperature control, which is crucial in various industrial applications. This technological evolution is expected to contribute to the market's expansion, with projections indicating a rise to 11.9 USD Billion by 2035. The continuous improvement in valve design not only meets the increasing demands of industries but also enhances system efficiency.

    Regulatory Support for Industrial Automation

    The Global Industrial Thermostatic Control Valves Market Industry benefits from supportive regulatory frameworks promoting industrial automation. Governments worldwide are implementing policies that encourage the adoption of automated systems, which often incorporate thermostatic control valves. These regulations aim to enhance productivity and safety across various sectors, including manufacturing and energy. As a result, the market is likely to witness a steady growth trajectory, with a projected CAGR of 3.32 percent from 2025 to 2035. This regulatory environment fosters innovation and investment in advanced control systems, further driving the demand for thermostatic control valves.

    Market Segment Insights

    Industrial Thermostatic Control Valves Market Type Insights 

    There are several types of the Industrial Thermostatic Control Valves Market, including Two-Way Control Valves, Three-Way Control Valves, Mixing Control Valves, and Pressure Independent Control Valves. Two-Way Control Valves are the most common and the simplest, which results in lower price and wide application for the use of various kinds of industrial purposes.

    Such valves are good for regulation of any sort of a liquid, with the need to control it in only one direction, such as temperature, pressure, and flow rate, making it suitable in many applications.As of 2023, the market value for Two-Way Control Valves was at about USD 2.5 billion, and it is expected to grow, reaching over USD 3.2 billion by 2030; it will be a steady increase. Three-Way Control Valves have an additional port, which allows for more functions other than mixing the two fluids by diverging and blending them.

    These valves are used in the applications where the temperature to be reached is very precise, such as HVAC, process industries, and even power plants. The Industrial Thermostatic Control Valves Market for Three-Way Control Valves will also expand, from USD 1.8 billion in 2023 to over USD 2.4 billion by 2030.Mixing Control Valves are meant to mix two or more fluids of the desired temperature, in order to produce a different temperature as the end product. It is usually used in the food and beverage, pharmaceutical, and chemical processing industries.

    The Industrial Thermostatic Control Valves Market value is expected to reach USD 1.6 billion by 2030, growing from 1.2 billion in 2023. Pressure Independent Control Valves are still quite popular, especially in the processes that require a certain liquid flow, which is not affected by the pressure changes around it.Thus, the flow of liquid remains the same, and it is suitable for different types of industries. The Industrial Thermostatic Control Valves Market value will also increase for this type, from USD 1.5 billion in 2023 to USD 2.1 billion by 2030.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Industrial Thermostatic Control Valves Market Size Insights  

    The Industrial Thermostatic Control Valves Market is segmented based on the Size into DN10, DN15, DN20, DN25, DN32, DN40, DN50, DN65, DN80, DN100, DN125, DN150. The DN20 segment is expected to record the highest growth rate during the forecast period. The growth in the market is due to the increasing demand for thermostatic control valves in the residential and commercial sector. The DN15 and DN25 are also expected to witness significant growth during the forecast period.

    The Industrial Thermostatic Control Valves Market segmentation provided a comprehensive list of various segments of the market, including Size.The market data and statistics provided in the segmentation are helpful for the players to make informed decisions and capitalize on the growth opportunities available in the Industrial Thermostatic Control Valves Market.

    Industrial Thermostatic Control Valves Market Industry Insights  

    The Industrial Thermostatic Control Valves Market is segmented by industry into HVAC, oil and gas, water and wastewater treatment, power generation, and petrochemical. The HVAC segment is expected to hold the largest share of the market in 2023, owing to the increasing demand for energy-efficient HVAC systems in commercial and residential buildings. The oil and gas segment is also expected to witness significant growth, due to the rising demand for thermostatic control valves in oil and gas exploration and production activities.

    The water and wastewater treatment segment is expected to grow at a steady pace, driven by the increasing need for efficient water management and wastewater treatment solutions.The power generation segment is also expected to witness growth, due to the increasing demand for reliable and efficient power generation systems. The petrochemical segment is expected to grow at a moderate pace, driven by the increasing demand for thermostatic control valves in the production of chemicals and plastics.

    Industrial Thermostatic Control Valves Market Operation Insights  

    The Industrial Thermostatic Control Valves Market segmentation by operation includes Pneumatic, Electric, and Self-Contained. Among these, the Pneumatic segment is expected to have considerable growth in the market. The Industrial Thermostatic Control Valves Market revenue from Pneumatic operation is expected to grow from USD 3.2 billion in 2023 to USD 4.2 billion in 2032, exhibiting a CAGR of 3.3% during the forecast period.

    Pneumatic valves are preferred in harsh industrial environments due to their reliability, low maintenance requirements, and ability to withstand extreme temperatures and pressures.Moreover, the increasing adoption of automation in industries is driving the demand for pneumatic valves as they offer precise control and remote operation capabilities.

    Get more detailed insights about Industrial Thermostatic Control Valves Market

    Regional Insights

    The Industrial Thermostatic Control Valves Market is segmented into North America, Europe, APAC, South America, and MEA. North America is expected to account for the largest share of the market in 2023, owing to the presence of a large number of manufacturing industries in the region. Europe is expected to be the second-largest market for industrial thermostatic control valves, followed by APAC.

    The APAC region is expected to witness the highest growth rate during the forecast period, due to the increasing demand for industrial thermostatic control valves from emerging economies such as China and India.South America and MEA are expected to account for a relatively small share of the market. The Industrial Thermostatic Control Valves Market is driven by factors such as the increasing demand for energy efficiency and the need for precise temperature control in industrial processes. The market is also expected to benefit from the growing adoption of automation and digitalization in the manufacturing industry.

     

    Industrial Thermostatic Control Valves Market Regional Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in Industrial Thermostatic Control Valves Market industry are focusing on developing innovative products and technologies to meet the evolving needs of customers. Leading Industrial Thermostatic Control Valves Market players are also investing in research and development activities to improve the performance and efficiency of their products. The Industrial Thermostatic Control Valves Market industry is characterized by intense competition, with major players constantly striving to gain market share.

    Key players in the Industrial Thermostatic Control Valves Market are adopting various strategies, such as mergers and acquisitions, partnerships, and collaborations, to strengthen their position in the market.Emerson Electric Co. is a leading provider of Industrial Thermostatic Control Valves Market solutions. The company offers a wide range of products, including control valves, actuators, and sensors. Emerson Electric Co. has a strong presence, with operations in over 150 countries. The company is committed to providing innovative and reliable products and services to its customers.

    Emerson Electric Co. is a major player in the Industrial Thermostatic Control Valves Market and is well-positioned to continue to grow its market share in the coming years.Honeywell International Inc. is a leading competitor in the Industrial Thermostatic Control Valves Market. The company offers a comprehensive range of products, including control valves, actuators, and sensors. Honeywell International Inc. has a strong presence, with operations in over 100 countries. The company is committed to providing high-quality products and services to its customers.

    Honeywell International Inc. is a major player in the Industrial Thermostatic Control Valves Market and is well-positioned to continue to grow its market share in the coming years.

    Key Companies in the Industrial Thermostatic Control Valves Market market include

    Industry Developments

    This growth can be attributed to increasing demand for energy-efficient solutions and stringent government regulations aimed at reducing greenhouse gas emissions. Additionally, advancements in automation and digitalization are driving the adoption of smart thermostatic control valves, which offer enhanced control and monitoring capabilities. Key market trends include the rising popularity of wireless communication technologies, the integration of IoT devices, and the growing adoption of cloud-based platforms for remote monitoring and control. Recent developments include the launch of new products with improved temperature control accuracy, energy efficiency, and durability.

    Future Outlook

    Industrial Thermostatic Control Valves Market Future Outlook

    The Industrial Thermostatic Control Valves Market is projected to grow at a 3.32% CAGR from 2025 to 2035, driven by advancements in automation, energy efficiency demands, and expanding industrial applications.

    New opportunities lie in:

    • Invest in smart valve technologies to enhance automation and data analytics capabilities.
    • Develop eco-friendly materials for valve production to meet sustainability regulations.
    • Expand into emerging markets with tailored solutions for local industrial needs.

    By 2035, the market is expected to demonstrate robust growth, reflecting evolving industrial demands and technological advancements.

    Market Segmentation

    Industrial Thermostatic Control Valves Market Size Outlook

    • DN10
    • DN15
    • DN20
    • DN25
    • DN32
    • DN40
    • DN50
    • DN65
    • DN80
    • DN100
    • DN125
    • DN150

    Industrial Thermostatic Control Valves Market Type Outlook

    • Two-Way Control Valves
    • Three-Way Control Valves
    • Mixing Control Valves
    • Pressure Independent Control Valves

    Industrial Thermostatic Control Valves Market Industry Outlook

    • HVAC
    • Oil and Gas
    • Water and Wastewater Treatment
    • Power Generation
    • Petrochemical

    Industrial Thermostatic Control Valves Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Industrial Thermostatic Control Valves Market Operation Outlook

    • Pneumatic
    • Electric
    • Self-Contained

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 8.27 (USD Billion)
    Market Size 2025 8.55 (USD Billion)
    Market Size 2035 11.85 (USD Billion)
    Compound Annual Growth Rate (CAGR) 3.32% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Honeywell International Inc., ABB Ltd., Schneider Electric SE, IMI plc, Flowserve Corporation, SpiraxSarco Engineering plc, Rockwell Automation, Inc., Pentair plc, Johnson Controls International plc, Emerson Electric Co., Danfoss A/S, Yokogawa Electric Corporation, Crane Co., Siemens AG, Alfa Laval AB
    Segments Covered Type, Size, Industry, Operation, Regional
    Key Market Opportunities Increasing industrial automation, growing demand for energy efficiency, expanding chemical industry, rising urbanization in developing regions and advancements in wireless technology
    Key Market Dynamics Rising demand for energy efficiency Growing industrial automation Innovation in valve design Increasing awareness of environmental regulations Expansion of renewable energy sector
    Countries Covered North America, Europe, APAC, South America, MEA
     

    FAQs

    What is the expected valuation of the Industrial Thermostatic Control Valves Market in 2024?

    The Industrial Thermostatic Control Valves Market is expected to reach a valuation of 8.27 USD Billion in 2024.

    What is the projected valuation of the Industrial Thermostatic Control Valves Market in 2034?

    The Industrial Thermostatic Control Valves Market is projected to reach a valuation of 11.47 USD Billion by 2034.

    What is the expected Compound Annual Growth Rate (CAGR) of the Industrial Thermostatic Control Valves Market from 2025 - 2034?

    Industrial Thermostatic Control Valves Market is projected to register a CAGR of 3.32% from 2025-2035

    What are the key applications of Industrial Thermostatic Control Valves?

    Key applications of Industrial Thermostatic Control Valves include temperature control in various industries such as chemical processing, food and beverage, and power generation.

    Who are some of the key competitors in the Industrial Thermostatic Control Valves Market?

    Key competitors in the Industrial Thermostatic Control Valves Market include Emerson, Honeywell, and Johnson Controls.

    What factors are driving the growth of the Industrial Thermostatic Control Valves Market?

    Factors driving the growth of the Industrial Thermostatic Control Valves Market include increasing demand for energy efficiency and automation in industries.

    What challenges is the Industrial Thermostatic Control Valves Market facing?

    Challenges faced by the Industrial Thermostatic Control Valves Market include intense competition and fluctuations in raw material prices.

    What are the opportunities for growth in the Industrial Thermostatic Control Valves Market?

    Opportunities for growth in the Industrial Thermostatic Control Valves Market include technological advancements and expansion into emerging markets.

    What are the key trends shaping the Industrial Thermostatic Control Valves Market?

    Key trends shaping the Industrial Thermostatic Control Valves Market include the adoption of smart technologies and the growing focus on sustainability.

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