Industrial Valve Market Growth and Future Investment 2034
Global Industrial Valve Market Growth, Size, Trends Analysis - By Type, By Material, By Component, By End Use Industry, By Distribution Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Nov-2025 | Report ID: SEMI25103 | Pages: 1 - 273 | Formats*: |
| Category : Semiconductor and Electronics | |||
Global Industrial Valve Market Introduction and Overview
According to SPER Market Research, the Global Industrial Valve Market is estimated to reach USD 125.37 billion by 2034 with a CAGR of 4.63%.
The report includes an in-depth analysis of the Global Industrial Valve Market, including market size and trends, product mix, Applications, and supplier analysis. The global industrial valves market was valued at USD 79.73 billion in 2024 and is projected to grow at a CAGR of 4.63% from 2025 to 2034. This market expansion is being fueled by several factors, including the construction of new power plants, the rising utilization of industrial equipment, and the increasing adoption of high-quality industrial valves.
By Type Insights
The industrial valve market is divided by type into several categories, including ball valves, check valves, butterfly valves, gate valves, globe valves, plug valves, diaphragm valves, and others. In 2024, check valves led the market due to their design using advanced materials, which enhance durability and performance in harsh conditions. Valves used in sectors like oil and gas, chemical processing, and water treatment face challenges from high pressure, temperature, and corrosion. To address corrosion, producers are increasingly using high-tech materials, such as duplex stainless steel, alloy 20, and Inconel, for check valves, as these materials resist pitting and wear well under tough conditions.
By Material Insights
The industrial valve market includes segments such as steel, plastic, cast iron, alloy-based, and others. The steel segment held the largest market share in 2024, known for its strength and corrosion resistance. Stainless steel gate valves can handle various fluids, including corrosive chemicals and high temperatures. Cast iron gate valves are used for non-corrosive fluids like water and steam, offering strength and affordability for high-pressure applications.
Regional Insights
The Asia Pacific region held the largest revenue share in 2024 and is anticipated to experience the most rapid growth during the forecast period. This region is undergoing swift industrialization, significant infrastructural development, and a heightened focus on energy efficiency. The presence of developing nations such as China, India, and Japan, along with their industrial activities in sectors like manufacturing, automotive, and power generation, is driving a substantial demand for advanced valves.
Market Competitive Landscape
Prominent companies in the industrial valves market include Emerson Electric Co, Velan Inc, AVK Water, BEL Valves, Cameron Schlumberger, Fisher Valves & Instruments Emerson, among others. Market vendors are concentrating on expanding their customer base to secure a competitive advantage within the industry. Consequently, key players are implementing various strategic initiatives, including mergers and acquisitions, as well as partnerships with other leading firms.
Recent Developments:
In October 2023, Burhani Engineers Ltd. unveiled a valves testing and rehabilitation hub in Nairobi, Kenya. This facility is projected to reduce the repair and maintenance expenses for existing valves across the oil and gas, power, mining, and other sectors.
In August 2024, KSB SE & Co. KGaA introduced the SISTO-CM1300, an automated multi-port valve developed by Luxembourg-based SISTO Armaturen S.A., which is part of the KSB Group, for a multinational French pharmaceutical company. This valve is utilized in the manufacturing of immunosuppressive medications.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Type, By Material, By Component, By End Use Industry, By Distribution Channel |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa |
| Companies Covered | Alfa Laval, AVK Holding, Baker Hughes, CIRCOR, Crane Company, Curtiss-Wright, Danfoss, Emerson Electric, Hitachi, Honeywell. |
Key Topics Covered in the Report
- Global Industrial Valve Market Size (FY’2021-FY’2034)
- Overview of Global Industrial Valve Market
- Segmentation of Global Industrial Valve Market By Type (Ball valves, check valves, Butterfly valves, Gate valves, Globe valves, Plug valves, Diaphragm valves, Others)
- Segmentation of Global Industrial Valve Market By Material (Steel, Plastic, Cast iron, Alloy based, Others)
- Segmentation of Global Industrial Valve Market By Component (Actuators, Valve body, Others)
- Segmentation of Global Industrial Valve Market By End Use Industry (Chemical, Energy & utilities, Construction, Metal & Mining, Agriculture, Pharmaceutical, Food & beverages, Pulp & paper, Others)
- Segmentation of Global Industrial Valve Market By Distribution Channel (Direct sales, Indirect sales)
- Statistical Snap of Global Industrial Valve Market
- Expansion Analysis of Global Industrial Valve Market
- Problems and Obstacles in Global Industrial Valve Market
- Competitive Landscape in the Global Industrial Valve Market
- Details on Current Investment in Global Industrial Valve Market
- Competitive Analysis of Global Industrial Valve Market
- Prominent Players in the Global Industrial Valve Market
- SWOT Analysis of Global Industrial Valve Market
- Global Industrial Valve Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Industrial Valve Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Industrial Valve Market
7.Global Industrial Valve Market, By Type (USD Million) 2021-2034
7.1.Ball valves7.2.Check valves7.3.Butterfly valves7.4.Gate valves7.5.Globe valves7.6.Plug valves7.7.Diaphragm valves7.8.Others
8.Global Industrial Valve Market, By Material (USD Million) 2021-2034
8.1.Steel8.2.Plastic8.3.Cast iron8.4.Alloy based8.5.Others
9.Global Industrial Valve Market, By Component (USD Million) 2021-2034
9.1.Actuators9.2.Valve body9.3.Others
10.Global Industrial Valve Market, By End Use Industry (USD Million) 2021-2034
10.1.Chemical10.2.Energy & utilities10.3.Construction10.4.Metal & Mining10.5.Agriculture10.6.Pharmaceutical10.7.Food & beverages10.8.Pulp & paper10.9.Others
11.Global Industrial Valve Market, By Distribution Channel (USD Million) 2021-2034
11.1.Direct sales11.2.Indirect sales
12.Global Industrial Valve Market, (USD Million) 2021-2034
12.1.Global Industrial Valve Market Size and Market Share
13.Global Industrial Valve Market, By Region, (USD Million) 2021-2034
13.1.Asia-Pacific
13.1.1.Australia13.1.2.China13.1.3.India13.1.4.Japan13.1.5.South Korea13.1.6.Rest of Asia-Pacific
13.2.Europe
13.2.1.France13.2.2.Germany13.2.3.Italy13.2.4.Spain13.2.5.United Kingdom13.2.6.Rest of Europe
13.3.Middle East and Africa
13.3.1.Kingdom of Saudi Arabia13.3.2.United Arab Emirates13.3.3.Qatar13.3.4.South Africa13.3.5.Egypt13.3.6.Morocco13.3.7.Nigeria13.3.8.Rest of Middle-East and Africa
13.4.North America
13.4.1.Canada13.4.2.Mexico13.4.3.United States
13.5.Latin America
13.5.1.Argentina13.5.2.Brazil13.5.3.Rest of Latin America
14.Company Profile
14.1.Alfa Laval
14.1.1.Company details14.1.2.Financial outlook14.1.3.Product summary14.1.4.Recent developments
14.2.AVK Holding
14.2.1.Company details14.2.2.Financial outlook14.2.3.Product summary14.2.4.Recent developments
14.3.Baker Hughes
14.3.1.Company details14.3.2.Financial outlook14.3.3.Product summary14.3.4.Recent developments
14.4.CIRCOR
14.4.1.Company details14.4.2.Financial outlook14.4.3.Product summary14.4.4.Recent developments
14.5.Crane Company
14.5.1.Company details14.5.2.Financial outlook14.5.3.Product summary14.5.4.Recent developments
14.6.Curtiss-Wright
14.6.1.Company details14.6.2.Financial outlook14.6.3.Product summary14.6.4.Recent developments
14.7.Danfoss
14.7.1.Company details14.7.2.Financial outlook14.7.3.Product summary14.7.4.Recent developments
14.8.Emerson Electric
14.8.1.Company details14.8.2.Financial outlook14.8.3.Product summary14.8.4.Recent developments
14.9.Hitachi
14.9.1.Company details14.9.2.Financial outlook14.9.3.Product summary14.9.4.Recent developments
14.10.Honeywell
14.10.1.Company details14.10.2.Financial outlook14.10.3.Product summary14.10.4.Recent developments
14.11.Others
15.Conclusion
16.List of Abbreviations
17.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Industrial Valve Market is projected to reach USD 125.37 billion by 2034, growing at a CAGR of 4.63% during the forecast period.
Industrial Valve Market size from 2025. The Market is expected to reach USD 125.37 billion by 2034, at a CAGR of 4.63% during the forecast period.
Industrial Valve Market CAGR of 4.63% during the forecast period.
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Industrial Valve Market size is USD 125.37 billion from 2025 to 2034.
Industrial Valve Market covered By Type, By Material, By Component, By End Use Industry, By Distribution Channel
The North America is anticipated to have the highest Market share in the Industrial Valve Market.
Alfa Laval, AVK Holding, Baker Hughes, CIRCOR, Crane Company, Curtiss-Wright, Danfoss, Emerson Electric, Hitachi, Honeywell.
The report includes an in-depth analysis of the Global Industrial Valve Market, including market size and trends, product mix, Applications, and supplier analysis.
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