Americas Industrial Valve Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Country: (America)

The industrial valve market in the Americas is set for steady growth, with the market valued at USD 20.96 billion in 2024 and projected to reach USD 27.69 billion by 2031, driven by a CAGR of 4.10%. These valves are critical for regulating the flow of liquids and gases across various industrial operations, providing reliability and durability in environments with fluctuating temperatures and pressure levels. With ongoing industrial infrastructure development, the necessity for precise control of fluid and gas flows continues to grow.

Key Growth Drivers

The expansion of the industrial valve market is propelled by several factors, including the increasing need for water and wastewater management, growth in the food and beverage industry, and heightened oil and gas exploration activities.

Water and Wastewater Management

Water and wastewater treatment represent a key application for industrial valves. Population growth across the Americas has heightened the demand for clean water, along with effective wastewater disposal. This has led to increased utilization of valves in desalination and treatment facilities. As water treatment infrastructure continues to evolve, especially to support both residential and industrial sectors, the demand for valves in this segment is expected to grow steadily.

In regions like Latin America, where access to clean water is a critical concern, there is growing awareness and emphasis on water purification. Industrial valves play a key role in wastewater management, ensuring the controlled flow of large volumes of water for safe treatment before discharge into the environment. This trend is forecasted to drive further demand for industrial valves over the next decade.

Food and Beverage Sector Expansion

The rapid expansion of the food and beverage industry across the Americas is a major catalyst for the industrial valve market. The increasing adoption of automation and robotics in food processing has elevated the need for valves to maintain operational efficiency. As food safety and labor cost reduction become more pressing concerns, automation in food production lines has surged, creating a corresponding rise in demand for industrial valves. With the expansion of fast-food chains and food processing facilities, the need for efficient valve systems is set to grow.

Oil and Gas Exploration

The oil and gas industry remains one of the primary consumers of industrial valves. With new exploration and production projects ramping up across the Americas, particularly in the U.S., Brazil, and Mexico, demand for these valves is expected to rise. These components are essential for regulating oil and gas flow during drilling, refining, and transportation.

In the United States, in particular, numerous ongoing natural gas projects are creating opportunities for industrial valve manufacturers. These initiatives align with the nation's energy policy, which emphasizes an increased focus on natural gas consumption. With the rise in exploration and production, the need for high-performance industrial valves will continue to expand.

Technological Advancements in the Chemical Industry

The chemical industry is also significantly contributing to the demand for industrial valves. With a focus on improving output and efficiency, this sector is increasingly adopting advanced technologies. Valves used in chemical plants must withstand corrosive substances and extreme conditions, driving innovation in valve materials and technologies. As the chemical sector modernizes, the demand for durable, high-tech valves is set to increase.

Growing Adoption Across Diverse Industries

Beyond these major sectors, industrial valves are finding growing use in industries such as pulp and paper, power generation, and pharmaceuticals. The pulp and paper industry, in particular, requires robust valve systems for handling pulp transportation and slurry management.

Similarly, the power generation sector relies on valves to control the flow of steam, water, and gases, ensuring the efficient operation of plants. With the growing emphasis on renewable energy projects, the demand for industrial valves in power generation is expected to remain strong in the coming years.

Regional Insights

United States: A Leading Market

The United States represents the largest market for industrial valves in the Americas. This is driven by the expanding oil and gas industry, alongside significant growth in the chemical sector. The U.S. government's initiatives to diversify the energy mix and reduce dependency on traditional energy sources, such as coal, have led to a rise in natural gas projects, creating strong opportunities for industrial valve manufacturers.

Mexico's Industrial Growth

Mexico's manufacturing sector is experiencing steady growth, which has contributed to the increased demand for industrial valves. As the country expands its industrial production capabilities, new manufacturing plants and facilities are being established, further boosting the need for industrial valve systems.

Brazil: A Major Oil Producer

Brazil, Latin America's leading oil producer, is another crucial market for industrial valves. With substantial investments in oil and gas exploration and production, the country's demand for industrial valves has been growing. As Brazil continues to expand its oil and gas output, the need for high-performance valve systems is expected to rise in tandem.

Product and Material Insights

High Demand for Ball and Globe Valves

Among the types of industrial valves, ball and globe valves are witnessing high demand. Ball valves, known for their versatility and durability, are widely used across the oil and gas and manufacturing sectors. Meanwhile, globe valves, with both manual and automated options, are increasingly utilized in plant piping, particularly within the chemical industry.

Steel Valves Dominate the Market

Steel remains the most popular material for manufacturing industrial valves, given its strength and resistance to corrosion. Investments in steel production facilities across the Americas are further supporting the growth of steel valves. Additionally, brass valves are gaining popularity in sectors such as wastewater treatment and petrochemicals, offering manufacturers diverse options for expanding their product portfolios.

Competitive Analysis

• KSB SE & Co. KGaA
• Emerson Electric
• TechnipFMC Plc
• Weir Group Plc.
• Flowserve Corporation
• Watts Water Technologies, Inc.
• KITZ Corporation
• Alfa Laval Corporate AB
• Curtiss-Wright Corp.
• CIRCOR International, Inc.
• IMI plc
• Mercer Valve Co., Inc.
• National Oilwell Varco, Inc.
• Neway Valves
• AVK International A/S
• LESER GmbH & Co. KG

Industrial Valve Industry Research by Category

Industrial Valve Market by Material:

• Cast Steel Industrial Valves
• Brass Industrial Valves
• Carbon Steel Industrial Valves
• Stainless Steel Industrial Valves
• Bronze Industrial Valves
• Other Alloys

Industrial Valve Market by Function:

• Manual Industrial Valves
• Automatic Industrial Valves

Industrial Valve Market by Valve Type:

• Gate Industrial Valves
  • Parallel
  • Wedge
• Globe Industrial Valves
  • Tee
  • Angle
  • Wye
• Ball Industrial Valves
  • Trunnion
  • Floating
  • Threaded Series
• Butterfly Industrial Valves
  • High Performance
  • Lined
  • Triple Offset
• Plug Industrial Valves
  • Lined
  • Lubricated
  • Non-Lubricated
• Check Industrial Valves
  • oDual Plate
  • oPiston Lift
  • oSpring Loaded Disk
  • oSwing Check
  • oTilting Check
  • oY Pattern
  • oT Pattern
• Safety Relief Industrial Valves
  • oSpring Loaded
  • oPilot Operated
• Other Customized Industrial Valves

Industrial Valve Market by End Use:

• Oil & Gas
• Chemicals
• Water & Wastewater Treatment
• Power Plants
• Paper & Pulp
• Other Industrial

Industrial Valve Market by Country:

• U.S Industrial Valve Market
• Canada Industrial Valve Market
• Mexico Industrial Valve Market
• Brazil Industrial Valve Market
• Peru Industrial Valve Market
• Argentina Industrial Valve Market
• Chile Industrial Valve Market
• Columbia Industrial Valve Market
• Rest of LA Industrial Valve Market