Industrial Valves Market Key Players, Share, Trend, Segmentation and Forecast to 2026

Industrial valves are devices used to regulate liquids, gases and sludge. They are also known as regulators and are used in a wide variety of applications. Valves vary widely in size, design, function and operation. There are several methods that can be used to classify valves, including its control mechanism and function. The valves can perform various functions, such as stopping and starting the flow, throttling the flow and acts as a flow control with no return.

The major factors which are fuelling the growth of the global industrial valves market include the rising demand for industrial valves for oil & gas production, the growing smart cities projects across the world, and the increasing demand of predictive maintenance techniques from manufacturing sectors. In addition to this, the rising demand from power industry is propelling the growth of industrial valves market during the forecast period. In power industries, valves are used in several applications such as feed pump recirculation, boiler startups, turbine by pass and steam conditioning. The increasing government investments for pipeline infrastructure development mainly in oil & gas sector drives the demand of industry valves in the market. Advancement of industrial valves with integration of Industrial Internet of Things (IIoT) will create numerous opportunities in the market. However, the reduction in oil & gas extraction is one the key factors which is hampering the growth of industrial valves market.

Based on the region, Asia-Pacific region is projected to grow at a higher CAGR during the forecast period due to the growing population and quick urbanization in developing economies such as China and India.

The global industrial valves market has been segmented on the basis of material, valve type, size and industry. Based on the material, the market is segmented into stainless steel, cast iron, cryogenic, alloy based and others. On the basis of others, the market is further segmented into brass, bronze and plastic. Based on valve type, the market is segmented into ball valves, butterfly valves, check valves, diaphragm valves, gate valves, globe valves, plug valves and safety valves. On the basis of gate valves, the market is further categorized into standard plate gate valves, wedge gate valves and knife gate valves. Based on the size, the market is segmented into up to 1”, 1–6”, 6–25”, 25–50” and larger than 50”. Based on industry, the market is segmented into oil & gas, water & wastewater treatment, energy & power, chemicals, food & beverages, pharmaceuticals, construction, agriculture, pulp & paper, metals & mining and others.

Some of the major players of global industrial valves market are Emerson Electric Co., The Weir Group PLC, Flowserve Corporation, Schlumberger Limited, IMI plc, Spirax Sarco Limited, Crane Co., KITZ Corporation, Metso Corporation and Neway valve among others.

Market Segmentation:

Global Industrial Valves Market by Material

• Stainless Steel
• Cast Iron
• Cryogenic
• Alloy Based
• Others
  • Brass
  • Bronze
  • Plastic

Global Industrial Valves Market by Valve Type

• Ball Valves
• Butterfly Valves
• Check Valves
• Diaphragm Valves
• Gate Valves
  • Standard Plate Gate Valves
  • Wedge Gate Valves
  • Knife Gate Valves
• Globe Valves
• Plug Valves
• Safety Valves

Global Industrial Valves Market by Size

• Up to 1”
• 1–6”
• 6–25”
• 25–50”
• 50” and Larger

Global Industrial Valves Market by Industry

• Oil & Gas
• Water & Wastewater Treatment
• Energy & Power
• Chemicals
• Food & Beverages
• Pharmaceuticals
• Construction
• Agriculture
• Pulp & Paper
• Metals & Mining
• Others

Global Industrial Valves Market by Region

• North America Industrial Valves Market
• Europe Industrial Valves Market
• Asia-Pacific Industrial Valves Market
• ROW Industrial Valves Market

Leading market players

• Emerson Electric Co.
• The Weir Group PLC
• Flowserve Corporation
• Schlumberger Limited
• IMI plc
• Spirax Sarco Limited
• Crane Co.
• KITZ Corporation
• Metso Corporation
• Neway valve

About Noah Research

Noah Research is a market research and advisory company based out of India. The company provides syndicated reports, customized reports as well as consulting services to small and medium companies as well as large corporations worldwide. We analyse high growth niche markets and provide you with accurate trends and forecasts. Our in-house database features thousands of datapoints and in-depth analysis on 13 industries in major countries globally. Our dedicated team of analysts helps to you garner hidden insights in each market, so that you can plan your next strategic move and take your company’s future to a higher level.

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