Industrial Valves Market by Material, Product, Size, End User

List of Tables

[186 Pages Report] The Industrial Valves Market size was estimated at USD 82.82 billion in 2023 and expected to reach USD 87.25 billion in 2024, at a CAGR 5.42% to reach USD 119.87 billion by 2030.

Industrial valves are specialized mechanical devices designed for regulating, controlling, and directing the flow of fluids such as gases, liquids, and slurries within various industrial processes and infrastructures. Rapid urbanization and industrialization, coupled with increased demand from the water & wastewater treatment sector to ensure a safe drinking water supply, fuels the use of industrial valves across diverse industries. Stringent environmental regulations imposed by governments worldwide have compelled industries to adopt advanced valve technologies to minimize pollution emissions. However, the high initial investment required for installing advanced valve systems poses a significant challenge for small-scale industries operating on low budgets. Additionally, technological advancements such as smart valve systems with IoT integration offer potential opportunities for manufacturers to develop innovative solutions that can cater to diverse industry requirements.

KEY MARKET STATISTICS
Base Year [2023]	USD 82.82 billion
Estimated Year [2024]	USD 87.25 billion
Forecast Year [2030]	USD 119.87 billion
CAGR (%)	5.42%

Material: Significant penetration of alloy-based valves owing to their efficient corrosion resistance properties

Alloy-based valves are known for their high strength and corrosion resistance, making them ideal for high-temperature and high-pressure applications. Oil & gas, petrochemicals, power generation, and marine engineering prefer these valves due to their ability to withstand adverse conditions. Cast iron valves are widely used in water supply systems and wastewater management due to their cost-effectiveness and durability. Their affordable pricing makes them a preferred choice among municipal corporations, construction contractors, and agricultural enterprises. Cryogenic valves are designed to handle extremely low temperatures required in industries such as liquefied natural gas (LNG), aerospace propulsion systems, medical technology, and food processing (cryogenic freezing). These valves must maintain precise temperature control while ensuring leak-proof operation under extreme conditions. Stainless steel valves are widely used for their corrosion resistance, hygiene, and high strength-to-weight ratio. They are preferred in food and beverage processing, pharmaceuticals, chemical processing plants, and clean energy systems.

Product: Expanding deployment of ball valves across industrial sector

Ball valves are used for quick operation, excellent sealing ability, and durability. They are suitable for applications including natural gas, steam, and high-pressure liquids. Butterfly valves are preferred for their compact design and cost-effectiveness in water management systems, HVAC installations, and chemical processing plants. Check valves prevent backflow in fluid systems by allowing the flow of liquid in only one direction. They are commonly used in water supply pipelines and sewage treatment plants. Diaphragm valves offer improved flow regulation in pharmaceuticals, food processing plants, and bio-pharmaceutical industries due to their contamination-free design. Gate valves are used to minimize fluid flow disruptions in the petrochemical, power generation, and mining industries due to their efficient sealing capabilities. Globe valves are favored for accurate flow control and throttling applications in oil refineries, power plants, and chemical processing facilities. Plug valves provide reduced maintenance costs and longer service life in water treatment, gas transportation pipelines, and chemical processing plants due to their robust construction. Industrial valve selection depends on the nature of applications and specific requirements such as flow control precision or contamination prevention measures.

Size: Extensive use of 50 inch and larger sized valves in large infrastructure projects

1-6 inch valves are commonly used in small-scale industries such as chemical processing, food & beverages, pharmaceuticals, and water treatment plants as they offer an ideal solution for handling low-pressure fluids or gases. Larger industrial valves ranging from 25 to 50 inches are primarily used in heavy-duty applications in oil & gas pipelines, power generation plants, refineries, and petrochemical industries. These valves must handle high pressure and large fluid volumes, making them more expensive than smaller-sized alternatives. Valves of 50 inches and above are designed for massive infrastructure projects such as water management systems, dams, hydroelectric power plants, and large-scale desalination plants. These valves must withstand extreme operating conditions and provide long-lasting durability. Valves within the 6-25 inch range cater to mid-sized industries such as pulp & paper production, textile manufacturing, and HVAC systems. They offer a balance between cost efficiency and high-performance capabilities required for moderate-pressure applications. Valves up to 1 inch in size are utilized in precision-based applications found in laboratories, analytical instruments, medical devices, semiconductor manufacturing equipment, and fuel cells. These valves must provide accurate fluid flow control with minimal leakage or contamination risks.

End User: Applications of industrial valves in water & wastewater treatment

The automotive industry requires industrial valves for engine cooling, fuel injection, transmission, and braking systems. Industrial valves in the chemicals and pharmaceuticals sector are crucial for regulating flow, pressure, and temperature in mixing, distillation, filtration, and separation processes. Construction projects utilize industrial valves to manage water supply, sewage treatment, HVAC, and fire protection systems. Energy generation plants require specialized high-pressure & high-temperature-resistant industrial valves for optimum process performance, including boiler feedwater control steam flow regulation.: Industrial valves are essential for maintaining hygiene standards while controlling product flow rates in critical food processing stages, such as pasteurization sterilization. Industrial valves are used for slurry control, dust suppression systems, and water treatment in the metals & mining sector. The oil & gas industry demands robust industrial valves for upstream, midstream, and downstream operations under harsh conditions. Industrial valves are utilized to maintain consistency control, stock preparation, and bleach in pulp & paper manufacturing plants. Industrial valves are vital in water treatment facilities for managing flow rates, chemical dosing systems, ensuring clean water supply, and effective waste management.

Regional Insights

The industrial valves market is evolving in the Americas owing to the rising demand for industrial valves due to advancements in oil & gas exploration activities and investments in water infrastructure projects. Furthermore, increased emphasis on wastewater management systems has driven growth in this region. The European Union countries within the EMEA region have witnessed a steady demand for industrial valves as companies strive to conform to strict environmental regulations concerning emissions and waste management. This has led to increased investments in research & development to improve technological innovations in valve designs. In contrast, the Middle East showcases growth driven by continued investment in oil production facilities, while Africa remains an emerging market with potential opportunities arising from water infrastructure development projects. The Asia-Pacific region presents immense potential for growth in the industrial valves sector due to rapid urbanization, growing manufacturing industries, and large-scale infrastructure projects. Besides, using advanced manufacturing technologies, including 3D printing, can improve the properties and durability of valves and encourage their deployment across end-use sectors globally.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Industrial Valves Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Industrial Valves Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Industrial Valves Market, highlighting leading vendors and their innovative profiles. These include ABB Limited, Amco Industrial Valves, American Valve, Inc., Astech Valve Co., Ltd., AVK Holding A/S, Crane Co., Emerson Electric Co., Flowjet Valves Pvt. Ltd., Flowserve Corporation, Forbes Marshall Pvt. Ltd., Gemco Valve LLC, Hambaker Limited, IMI PLC, Industrial Valves & Equipments, KSB SE & Co. KGaA, L&T Valves Limited, LESER GmbH & Co. KG, Linuo Valves USA, Novel Valves India Pvt. Ltd., Okano Valve Mfg. Co. Ltd., Pentair PLC, Powell Valves, RITAG Ritterhuder Armaturen GmbH & Co., Rohre Valves GmbH, Sap Industries Limited, Schlumberger Limited, Schneider Electric SE, Spraytech Automation India Pvt. Ltd., The Weir Group PLC, Valtorc International, Valves Industries Ltd., and Zhejiang Xinhai Valve Manufacturing Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Industrial Valves Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material
- Alloy Based
- Cast Iron
- Cryogenic
- Stainless Steel

Product
- Ball Valves
- Butterfly Valves
- Check Valves
- Diaphragm Valves
- Gate Valves
- Globe Valves
- Plug Valves

Size
- 1-6 Inch
- 25-50 Inch
- 50 Inch and Larger
- 6-25 Inch
- Up to 1 Inch

End User
- Automotive
- Chemicals and Pharmaceuticals
- Construction
- Energy & Power
- Food & Beverages
- Metals & Mining
- Oil & Gas
- Pulp & Paper
- Water & Wastewater Treatment

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Industrial Valves Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Industrial Valves Market?

3. What are the technology trends and regulatory frameworks in the Industrial Valves Market?

4. What is the market share of the leading vendors in the Industrial Valves Market?

5. Which modes and strategic moves are suitable for entering the Industrial Valves Market?

Product Code: MRR-0309E83AC41E

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising Demand for Automated Valves in Industries
  - 5.1.1.2. Growing Food & Beverage Processing Industry and Surge in Investment in Oil & Gas Industry
  - 5.1.1.3. Increasing Investment in Wastewater Project
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating Raw Material Price and Product Recalls
- 5.1.3. Opportunities
  - 5.1.3.1. Emerging Innovative IoT Technology to Enhance Performance of Smart Valves
  - 5.1.3.2. Growing Miniaturization Trend and New Development in Industrial Valves
- 5.1.4. Challenges
  - 5.1.4.1. Unplanned Downtime due to Malfunctioning or Failure of Valve
5.2. Market Segmentation Analysis
- 5.2.1. Material: Significant penetration of alloy-based valves owing to their efficient corrosion resistance properties
- 5.2.2. Product: Expanding deployment of ball valves across industrial sector
- 5.2.3. Size: Extensive use of 50 inch and larger sized valves in large infrastructure projects
- 5.2.4. End User: Applications of industrial valves in water & wastewater treatment
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis

6. Industrial Valves Market, by Material

6.1. Introduction
6.2. Alloy Based
6.3. Cast Iron
6.4. Cryogenic
6.5. Stainless Steel

7. Industrial Valves Market, by Product

7.1. Introduction
7.2. Ball Valves
7.3. Butterfly Valves
7.4. Check Valves
7.5. Diaphragm Valves
7.6. Gate Valves
7.7. Globe Valves
7.8. Plug Valves

8. Industrial Valves Market, by Size

8.1. Introduction
8.2. 1-6 Inch
8.3. 25-50 Inch
8.4. 50 Inch and Larger
8.5. 6-25 Inch
8.6. Up to 1 Inch

9. Industrial Valves Market, by End User

9.1. Introduction
9.2. Automotive
9.3. Chemicals and Pharmaceuticals
9.4. Construction
9.5. Energy & Power
9.6. Food & Beverages
9.7. Metals & Mining
9.8. Oil & Gas
9.9. Pulp & Paper
9.10. Water & Wastewater Treatment

10. Americas Industrial Valves Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Industrial Valves Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Industrial Valves Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. BDK Valves & Gurukrupa Group Complete 100% Acquisition of Theis Precision
- 13.3.2. Dante Valve Announces New Relief Valve Distribution Partnership with W&O Supply
- 13.3.3. Emerson Rolls Out High-Precision Flow Control Valve

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio