Global Industrial Valves Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Butterfly Valve, Ball Valve, Globe Valve, Gate Valve, Plug Valve, and Other Types.

By Product;

Quarter-turn Valve, Multi-turn Valve, and Other Products (Control Valves).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn408055578 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Industrial Valves Market (USD Million), 2021 - 2031

In the year 2024, the Global Industrial Valves Market was valued at USD 71,061.33 million. The size of this market is expected to increase to USD 108,984.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The Global Industrial Valves Market is a critical segment within the broader industrial equipment and machinery sector, essential for regulating the flow of liquids, gases, and slurries in various industries. These valves play a vital role in numerous applications, including oil and gas, water and wastewater treatment, power generation, chemical processing, and more. The demand for industrial valves is closely tied to industrial activities and infrastructure development, making it a barometer of economic health and industrial growth.

In recent years, the market has witnessed significant advancements in valve technologies, driven by the need for higher efficiency, better control, and enhanced safety. Innovations such as smart valves, which integrate sensors and automation technologies, are gaining traction, allowing for real-time monitoring and remote operation. This trend is especially prominent in industries that require precise control and monitoring, such as chemical processing and power generation.

Geographically, the market's growth is propelled by emerging economies, particularly in Asia-Pacific and Latin America, where industrialization and urbanization are leading to increased infrastructure investments. Meanwhile, developed regions like North America and Europe focus on upgrading aging infrastructure and adhering to stringent environmental regulations, further fueling demand for advanced valve solutions. The interplay of these factors makes the Global Industrial Valves Market a dynamic and evolving landscape.

  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 Product
    3. Market Snapshot, By Region
  4. Global Industrial Valves Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Infrastructure Expansion
        2. Energy Demand Growth
        3. Technological Advancements
        4. Environmental Regulations
      2. Restraints
        1. High Initial Costs
        2. Market Saturation Risks
        3. Skilled Labor Shortage
        4. Economic Uncertainty
      3. Opportunities
        1. Digitalization and IoT
        2. Emerging Markets Growth
        3. Renewable Energy Integration
        4. Replacement Demand
    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 Industrial Valves Market, By Type, 2021 - 2031 (USD Million)
      1. Butterfly Valve
      2. Ball Valve
      3. Globe Valve
      4. Gate Valve
      5. Plug Valve
      6. Other Types
    2. Global Industrial Valves Market, By Product, 2021 - 2031 (USD Million)
      1. Quarter-turn Valve
      2. Multi-turn Valve
      3. Other Products (Control Valves)
    3. Global Industrial 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
    1. Company Profiles
      1. Schlumberger Limited
      2. Emerson Electric Co.
      3. Flowserve Corporation
      4. IMI PLC
      5. Crane Co
  7. Analyst Views
  8. Future Outlook of the Market