IMARC Group, a leading market research company, has recently released a report titled “Industrial Valves Market Size, Share, Trends, and Forecast by Product Type, Functionality, Material, Size, End Use Industry, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the global industrial valves market share, trends, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global industrial valves market size was valued at USD 78.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 131.6 Billion by 2033, exhibiting a CAGR of 6% during 2025-2033.
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The Future of the Industrial Valves Market
The industrial valves market is on the brink of significant transformation as various sectors adapt to emerging trends and challenges. By 2025, the increasing demand for valves will be largely driven by the oil and gas industry, which is expected to invest heavily in infrastructure and technology to meet rising energy needs.
Simultaneously, the focus on sustainable water management will create new opportunities for valve manufacturers as municipalities and industries upgrade their systems to ensure efficient water distribution and treatment. The integration of smart technologies and Industry 4.0 principles will further revolutionize the market, enabling real-time monitoring and predictive maintenance capabilities that enhance operational efficiency. As environmental regulations become more stringent, the need for reliable and high-performance valves that minimize leaks and emissions will also grow.
Overall, the industrial valves market is set for robust growth, driven by the convergence of technological advancements, regulatory pressures, and evolving consumer demands, positioning it as a critical component in the future of industrial processes.
Market Dynamics of the Industrial Valves Market
Increasing Demand from the Oil and Gas Sector
The industrial valves market is significantly influenced by the burgeoning demand from the oil and gas sector, which is poised for substantial growth in the coming years. As global energy consumption continues to rise, the need for efficient extraction, processing, and transportation of oil and gas is paramount. By 2025, the demand for industrial valves in this sector will escalate, driven by the expansion of upstream, midstream, and downstream activities. Valves play a critical role in controlling the flow of fluids and gases, ensuring safety and efficiency in operations. The shift towards more complex and automated systems in oil and gas facilities will further necessitate the use of advanced valve technologies, such as smart valves equipped with sensors and actuators for real-time monitoring and control.
Additionally, the exploration of unconventional oil and gas resources, such as shale and deep-water reserves, will require robust and reliable valve solutions capable of withstanding extreme conditions. As the industry adapts to evolving regulatory standards and environmental considerations, the demand for high-performance valves that enhance operational efficiency and minimize leakage will drive significant growth in the industrial valves market.
Growing Focus on Water and Wastewater Management
Another critical dynamic influencing the industrial valves market is the increasing emphasis on water and wastewater management. As urbanization accelerates and populations grow, the demand for clean water and effective wastewater treatment solutions is becoming more pressing. By 2025, the global water crisis will necessitate significant investments in infrastructure, including the installation of advanced valve systems to regulate water flow and treatment processes. Industrial valves are essential components in water distribution networks, treatment plants, and sewage systems, where they ensure the efficient operation of pumps, pipelines, and filtration systems. The move towards sustainable water management practices will further drive the adoption of innovative valve technologies, including automated and remotely operated valves that enhance operational efficiency and reduce water loss.
Additionally, regulatory pressures to improve water quality and reduce environmental impact will compel municipalities and industries to upgrade their existing valve systems, creating new opportunities for manufacturers. As the focus on sustainable water management intensifies, the industrial valves market will see robust growth fueled by the need for reliable and efficient valve solutions.
Technological Advancements and Industry 4.0 Integration
Technological advancements are reshaping the industrial valves market, with the integration of Industry 4.0 principles becoming increasingly prevalent. By 2025, the demand for smart valves equipped with IoT capabilities, data analytics, and predictive maintenance features will rise as industries seek to enhance operational efficiency and reduce downtime. The ability to monitor valve performance in real time and predict potential failures will enable companies to implement proactive maintenance strategies, minimizing costly disruptions.
Furthermore, advancements in materials science are leading to the development of more durable and corrosion-resistant valves, which are essential for demanding applications in industries such as chemicals, pharmaceuticals, and food processing. The growing trend towards automation and digitalization will also drive the adoption of advanced control systems that integrate seamlessly with existing infrastructure, allowing for improved process optimization and energy efficiency. As the industrial landscape evolves, manufacturers that prioritize innovation and leverage cutting-edge technologies will be well-positioned to capture market share and meet the diverse needs of their customers.
Industrial Valves Market Report Segmentation:
Breakup By Product Type:
- Gate Valve
- Globe Valve
- Butterfly Valve
- Ball Valve
- Check Valve
- Plug Valve
- Others
Ball valves are favored for their superior sealing performance, minimal pressure drop, and capacity to manage high flow rates, making them suitable for a wide range of applications.
Breakup By Functionality:
- On-Off/Isolation Valves
- Control Valves
On-off isolation valves play a crucial role in regulating fluid flow within pipelines, offering reliability and ease of maintenance that contribute to their broad adoption across industries.
Breakup By Material:
- Steel
- Cast Iron
- Alloy Based
- Others
Steel valves are known for their exceptional strength, durability, and resistance to corrosion, making them ideal for demanding industrial applications and reinforcing their leading position in the market.
Breakup By Size:
- Upto 1”
- 1”-6”
- 7”-25”
- 26”-50”
- 51” and Above
Valves ranging from 1" to 6" are extensively utilized across industries for efficient flow control, making them ideal for the most common piping systems and applications.
Breakup By End User:
- Oil and Gas
- Power
- Pharmaceutical
- Water and Wastewater Treatment
- Chemical
- Food and Beverage
- Others
The exploration, production, and transportation activities in the oil and gas industry create a strong demand for durable, high-performance industrial valves.
Breakup By Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
The Asia Pacific region has emerged as the largest market for industrial valves, driven by rapid industrialization, expanding infrastructure, and a thriving manufacturing sector.
Top Industrial Valves Market Leaders:
The industrial valves market report provides a comprehensive analysis of the competitive landscape, featuring detailed profiles of the leading companies in the industry.
Some of the key players in the market are:
- AVK Holding A/S
- Cameron International Corporation (Schlumberger)
- The Crane Company
- Emerson Electric Co.
- Flowserve Corporation
- Forbes Marshall
- IMI Plc
- Kitz Corporation
- Neway Valves (Suzhou) Co. Ltd.
- Samson AG
- Velan Inc.
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Latest News and Developments:
In February 2024, Beijer Tech, a subsidiary of Beijer Alma, acquired 100% ownership of AVS Power Oy—a Finnish wholesaler and manufacturer specializing in pneumatics, industrial valves, and compressors. The acquisition supports Beijer Tech’s strategic objective to strengthen its market presence and broaden its product portfolio within Finland’s industrial sector.
In February 2024, NDL Industries introduced its largest-diameter stainless-steel ball valve designed for transcritical CO₂ systems. Measuring DN65 (2.5 inches), the valve is rated for 120 bar (1,740 psi) and operates within a temperature range of −40 to 150°C (−40 to 302°F). Unveiled at the AHR Expo 2024, it is the first of its kind to receive CRN approval for such applications and is engineered to withstand up to five times its maximum rated pressure.
Key Highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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