Industrial Valves - Global Strategic Business Report

The global market for Industrial Valves was estimated at US$78.7 Billion in 2024 and is projected to reach US$103.9 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Industrial Valves market.

Global Industrial Valves Market - Key Trends and Drivers Summarized

What Are the Key Types of Industrial Valves and Their Functions?

Industrial valves play a vital role in controlling and regulating the flow of fluids and gases across various industries. The market comprises several valve types, each catering to specific operational needs. Globe valves, known for their excellent throttling capabilities, are widely used in applications where precise flow control is essential. Ball valves are renowned for their durability and ability to provide a tight seal, making them ideal for high-pressure and high-temperature environments. Gate valves, designed to completely open or close the flow, are often used in pipelines requiring minimal flow restrictions. Butterfly valves, characterized by their lightweight and compact design, are well-suited for low-pressure applications and are extensively employed in water systems and HVAC setups. Check valves ensure unidirectional flow and are indispensable in preventing backflow in pipelines. Plug valves, with their simple design, are valued for their capability to provide a reliable shut-off in systems handling slurries or viscous liquids. Diaphragm valves excel in hygienic applications, particularly in the pharmaceutical and food industries, due to their resistance to contamination. Lastly, safety valves, engineered to automatically release pressure, are critical for safeguarding systems against overpressure scenarios, especially in high-risk industries like energy and oil and gas.

Which Industries Rely on Industrial Valves for Seamless Operations?

Industrial valves are integral to a diverse array of end-use industries, each presenting unique demands and applications. In the oil and gas sector, valves are indispensable for exploration, refining, and distribution processes, ensuring safety and efficiency in high-pressure environments. The chemical industry relies on valves to regulate hazardous chemicals and control reactions under varied temperatures and pressures. In the food and beverage industry, valves facilitate sanitary flow control, maintaining hygiene and quality standards during production and packaging. The water and wastewater sector deploys valves for critical operations like water distribution, treatment, and sewage management. The energy and power industry, especially in power plants, requires valves for applications such as turbine control, feedwater regulation, and pollution management. Pulp and paper mills utilize valves to manage steam, water, and chemical flows, ensuring optimal processing efficiency. In the metals and mining sector, valves handle abrasive and corrosive materials, supporting operations like ore processing and slurry transportation. Additional end-uses include pharmaceuticals, HVAC systems, and marine industries, each leveraging valves for their specialized requirements.

What Are the Current Trends Shaping the Industrial Valves Market?

The industrial valves market is undergoing rapid innovation driven by technological advancements and evolving industrial needs. The integration of Industrial Internet of Things (IIoT) technologies has introduced smart valves capable of real-time monitoring, predictive maintenance, and remote control, significantly enhancing operational efficiency. Advanced materials, such as corrosion-resistant alloys and ceramics, are extending valve lifespans and enabling their use in extreme environments. Customization has become a significant trend, with manufacturers designing valves tailored to specific applications, such as cryogenic valves for liquefied natural gas (LNG) or high-performance globe valves for high-temperature power plants. Environmental regulations have spurred the development of valves that minimize fugitive emissions, a critical innovation for industries like oil and gas and chemicals. Furthermore, the rise of 3D printing technology is transforming valve manufacturing, enabling rapid prototyping and the production of complex designs at reduced costs. The demand for automation across industries is also driving the adoption of automated valves, which integrate seamlessly with modern control systems for improved accuracy and reduced manual intervention.

What Factors Are Driving the Growth in the Industrial Valves Market?

The growth in the industrial valves market is driven by several factors, including advancements in technology, increased investments in infrastructure, and rising demand from diverse end-use industries. The push for automation and digitalization across industries has amplified the need for smart valves, which offer advanced control features and operational insights. Expansion in the oil and gas sector, particularly in exploration and refining activities, continues to be a major growth driver, as valves are critical for safety and efficiency in these operations. The rising adoption of renewable energy sources, such as wind and solar, has created a demand for valves that support energy storage and distribution systems. The water and wastewater management sector, fueled by growing urbanization and population expansion, has significantly contributed to valve demand, particularly for efficient water treatment and distribution systems. The chemical and pharmaceutical industries, driven by innovation and stringent safety standards, require highly specialized valves for precise flow control and contamination prevention. Additionally, emerging markets in Asia-Pacific, the Middle East, and Africa are witnessing increased infrastructure development, including pipelines, power plants, and industrial facilities, further propelling the market. Environmental concerns and regulations have also prompted the adoption of low-emission valves, while advancements in manufacturing, such as 3D printing and high-performance materials, are enabling cost-effective production and customization. Collectively, these factors underscore the dynamic and evolving nature of the industrial valves market, positioning it for sustained growth in the years ahead.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Globe Valves segment, which is expected to reach US$23.0 Billion by 2030 with a CAGR of a 5.8%. The Ball Valves segment is also set to grow at 5.0% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $14.3 Billion in 2024, and China, forecasted to grow at an impressive 6.1% CAGR to reach $23.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Industrial Valves Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Valves Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Industrial Valves Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as AVK Holding A/S, Baker Hughes Company, Bray International, Inc., Cameron, a Schlumberger company, CIRCOR International, Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 315 companies featured in this Industrial Valves market report include:

• AVK Holding A/S
• Baker Hughes Company
• Bray International, Inc.
• Cameron, a Schlumberger company
• CIRCOR International, Inc.
• Crane Co.
• Emerson Electric Co.
• Flowserve Corp.
• Ham-Let Group
• IMI Critical Engineering
• ITT Engineered Valves
• KITZ Corp.
• KSB SE & Co. KGaA
• SPX Flow, Inc.
• The Weir Group PLC
• Velan, Inc.
• Watts Water Technologies, Inc.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.