IMARC Group, a leading market research company, has recently released a report titled “Industrial Valves Market Size, Share, Trends, and Forecast by Product Type, Functionality, Material, Size, End Use Industry, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the global industrial valves market share, trends, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global industrial valves market size was valued at USD 78.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 131.6 Billion by 2033, exhibiting a CAGR of 6% during 2025-2033.
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Industry Trends and Drivers:
· Increasing industrial automation:
The push towards industrial automation is a significant driver for the industrial valves market. Industries such as manufacturing, oil and gas, water and wastewater, and chemical processing are increasingly adopting automation technologies to enhance efficiency, reduce operational costs, and improve safety.
Automated systems require precise control over fluid and gas flow, leading to a heightened demand for valves that can seamlessly integrate into these systems. As industries continue to invest in advanced automation technologies like IoT (Internet of Things) and AI (Artificial Intelligence), the need for smart valves that provide real-time monitoring and control is also growing.
· Infrastructure development and urbanization:
Rapid urbanization and infrastructure development, particularly in emerging economies, are propelling the demand for industrial valves. Governments and private sectors are investing heavily in infrastructure projects, including water treatment facilities, power plants, and transportation systems. These projects necessitate the use of various types of valves to manage and control the flow of fluids in pipelines, ensuring operational efficiency and safety. As cities expand and require improved utility services, the need for reliable and durable industrial valves becomes paramount.
Furthermore, the growing emphasis on sustainable infrastructure is leading to increased investments in water conservation and waste management systems, further driving the market.
· Stringent regulatory standards:
The industrial valves market is also shaped by stringent regulatory standards concerning safety, environmental protection, and quality control. Industries are increasingly required to comply with local and international regulations to ensure safe operations and minimize environmental impact. This has led to a greater focus on high-quality, durable valves that meet specific industry standards.
Companies are investing in advanced valve technologies that enhance performance and ensure compliance with regulations. The need for valves that can withstand extreme conditions, such as high pressure and corrosive environments, is crucial in sectors like oil and gas, chemicals, and pharmaceuticals. As regulatory bodies tighten their standards, the demand for compliant industrial valves is expected to rise.
Industrial Valves Market Report Segmentation:
Breakup By Product Type:
· Gate Valve
· Globe Valve
· Butterfly Valve
· Ball Valve
· Check Valve
· Plug Valve
· Others
Ball valves are preferred for their excellent sealing capabilities, low-pressure drop, and ability to handle high flow rates, making them ideal for various applications.
Breakup By Functionality:
· On-Off/Isolation Valves
· Control Valves
On-off isolation valves are essential for controlling fluid flow in pipelines, providing reliability and ease of maintenance, which drives their widespread adoption.
Breakup By Material:
· Steel
· Cast Iron
· Alloy Based
· Others
Steel valves offer superior strength, durability, and corrosion resistance, making them suitable for demanding industrial applications and contributing to their dominant market position.
Breakup By Size:
· Upto 1”
· 1”-6”
· 7”-25”
· 26”-50”
· 51” and Above
Valves in the 1"-6" size range are widely used in various industries for effective flow control, catering to the most common piping systems and applications.
Breakup By End User:
· Oil and Gas
· Power
· Pharmaceutical
· Water and Wastewater Treatment
· Chemical
· Food and Beverage
· Others
The oil and gas industry requires robust valve solutions for exploration, production, and transportation, driving significant demand for high-performance industrial valves.
Breakup By Region:
· North America
· Asia Pacific
· Europe
· Latin America
· Middle East and Africa
Rapid industrialization, infrastructure development, and growing manufacturing sectors in Asia Pacific have fueled the demand for industrial valves, making it the largest regional market.
Top Industrial Valves Market Leaders:
The industrial valves market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
Some of the key players in the market are:
· AVK Holding A/S
· Cameron International Corporation (Schlumberger)
· The Crane Company
· Emerson Electric Co.
· Flowserve Corporation
· Forbes Marshall
· IMI Plc
· Kitz Corporation
· Neway Valves (Suzhou) Co. Ltd.
· Samson AG
· Velan Inc.
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Key Highlights of the Report:
· Market Performance (2018-2023)
· Market Outlook (2024-2032)
· Market Trends
· Market Drivers and Success Factors
· Impact of COVID-19
· Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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