Global Explosion Proof Solenoid Valves Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Two-Way Solenoid Valve, Three-Way Solenoid Valve, and Four-Way Solenoid Valve.

By Application;

Chemical, Water Treatment, Oil & Gas, Power Generation, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn588158628 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Explosion Proof Solenoid Valves Market (USD Million), 2021 - 2031

In the year 2024, the Global Explosion Proof Solenoid Valves Market was valued at USD 587.39 million. The size of this market is expected to increase to USD 703.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.6%.

The Global Explosion-Proof Solenoid Valves Market is experiencing significant growth due to the increasing demand for safety and reliability in hazardous environments, particularly in industries such as oil and gas, chemical processing, mining, and pharmaceuticals. Explosion-proof solenoid valves are designed to operate safely in areas where there is a risk of combustible gases or flammable materials, making them essential for maintaining system integrity and preventing accidents. As industries continue to prioritize worker safety and adhere to stringent safety regulations, the need for explosion-proof solenoid valves is expected to rise. These valves help control the flow of gases or liquids while minimizing the risk of ignition, thereby enhancing operational safety in environments where even a small spark could lead to catastrophic consequences.

The oil and gas industry remains one of the key drivers of the explosion-proof solenoid valves market. With the increasing exploration and production activities in offshore and onshore oil fields, there is a heightened need for safety equipment that can withstand harsh, potentially explosive environments. Explosion-proof solenoid valves are used in various applications, such as controlling fuel or gas flow, within equipment like pressure relief systems and emergency shutdown systems. Furthermore, with the global push toward renewable energy and the growing demand for natural gas, the market for explosion-proof solenoid valves in the energy sector is expected to continue growing, supported by the need to meet regulatory standards and enhance safety measures.

Geographically, the Asia-Pacific region is expected to see the highest growth in the explosion-proof solenoid valves market due to rapid industrialization and infrastructure development, especially in countries like China, India, and Japan. The region’s heavy industries, including oil and gas, mining, and chemical manufacturing, are major consumers of explosion-proof solenoid valves. North America and Europe also represent significant markets, driven by strict safety regulations and the ongoing need to ensure the protection of workers in hazardous environments. Additionally, the increasing adoption of automation and the growing demand for advanced safety systems in industrial operations are likely to propel the market in these regions. As industrial safety becomes more prioritized worldwide, the global explosion-proof solenoid valves market is projected to continue expanding across diverse sectors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Explosion Proof Solenoid Valves Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation growth in factories
        2. Increasing oil and gas activities
        3. Demand for safety in chemical processing
        4. Expansion in global mining
      2. Restraints
        1. Fluid compatibility issues
        2. Environmental impacts
        3. Lengthy certification processes
      3. Opportunities
        1. Advancements in valve tech
        2. Offshore oil and gas opportunities
        3. Tailored valves for industries
        4. Facility safety retrofits
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Explosion Proof Solenoid Valves Market, By Type, 2021 - 2031 (USD Million)
      1. Two-Way Solenoid Valve
      2. Three-Way Solenoid Valve
      3. Four-Way Solenoid Valve
    2. Global Explosion Proof Solenoid Valves Market, By Application, 2021 - 2031 (USD Million)
      1. Chemical
      2. Water Treatment
      3. Oil & Gas
      4. Power Generation
      5. Other
    3. Global Explosion Proof Solenoid Valves Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Danfoss
      2. Emerson
      3. Omega Engineering
      4. Parker Hannifin
      5. Rotork
      6. Avcon Controls
      7. Burkert Contromatic
      8. CKD
      9. Curtiss-Wright
      10. Festo
  7. Analyst Views
  8. Future Outlook of the Market