Industrial Valves Market Size Share And Industry Trends 2025
In 2024, the global industrial valves market size was valued at USD 78.2 billion. According to IMARC Group, the market is expected to grow steadily, reaching USD 131.6 billion by 2033
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.
In 2024, the global industrial valves market size was valued at USD 78.2 billion. According to IMARC Group, the market is expected to grow steadily, reaching USD 131.6 billion by 2033, with a projected CAGR of 6% from 2025 to 2033.
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The Future of the Industrial Valves Market
The industrial valves market is poised for substantial growth as it adapts to evolving industry demands and technological advancements. By 2025, the demand for industrial valves will continue to rise, particularly in sectors such as oil and gas, water treatment, and manufacturing. As global energy consumption increases, the need for reliable flow control systems will become paramount, driving investments in high-performance valves.
Additionally, the focus on sustainable practices will propel the adoption of innovative valve technologies that enhance efficiency and reduce environmental impact. The automation trend will further reshape the market, with smart valves equipped with IoT capabilities becoming essential for real-time monitoring and operational optimization. As industries strive for greater efficiency and sustainability, the industrial valves market will expand, presenting significant opportunities for manufacturers to innovate and meet the diverse needs of their customers. Overall, the industrial valves market is set to thrive, driven by a combination of growing demand and technological advancements.
Market Dynamics of the Industrial Valves Market
Increasing Demand from the Oil and Gas Sector
The industrial valves market is experiencing robust growth, significantly driven by the increasing demand from the oil and gas sector. As global energy consumption continues to rise, the need for efficient and reliable flow control systems becomes more critical. Industrial valves play a crucial role in managing the flow of fluids and gases in extraction, processing, and transportation processes. By 2025, the oil and gas industry are expected to invest heavily in upgrading existing infrastructure and developing new projects, particularly in emerging markets. This investment will drive the demand for high-performance valves that can withstand extreme conditions, including high pressure and corrosive environments.
Additionally, the shift towards more sustainable energy practices is prompting companies to adopt advanced technologies and materials in valve manufacturing, further enhancing performance and reliability. As the industry evolves, manufacturers that can provide innovative, durable, and cost-effective valve solutions will be well-positioned to capture significant market share.
Growth in Water and Wastewater Treatment
Another significant dynamic influencing the industrial valves market is the growing emphasis on water and wastewater treatment. With increasing population density and urbanization, the demand for clean water and effective wastewater management systems is at an all-time high. Governments and municipalities are investing in infrastructure improvements to ensure the availability of safe drinking water and proper waste disposal. By 2025, the need for efficient flow control solutions in water treatment plants and sewage systems will drive the demand for various types of industrial valves, including gate valves, globe valves, and check valves.
Furthermore, the rising awareness of environmental sustainability and regulatory pressures will compel industries to adopt advanced technologies that optimize water usage and minimize waste. Manufacturers that focus on producing valves with enhanced durability, corrosion resistance, and energy efficiency will find lucrative opportunities in this expanding market segment. As water scarcity becomes a pressing global issue, the industrial valves market will play a pivotal role in supporting sustainable water management practices.
Advancements in Automation and Smart Technologies
The industrial valves market is also being transformed by advancements in automation and smart technologies. As industries increasingly adopt Industry 4.0 principles, the integration of IoT (Internet of Things) and automation systems is becoming essential for enhancing operational efficiency and reducing downtime. By 2025, the demand for smart valves equipped with sensors and telemetry will rise as companies seek real-time monitoring and control capabilities to optimize their processes. These smart valves can provide valuable data on flow rates, pressure levels, and maintenance needs, allowing for predictive maintenance and improved decision-making.
Additionally, the trend towards digitalization in manufacturing processes will necessitate the development of valves that can seamlessly integrate with existing automation systems. Manufacturers that invest in R&D to create technologically advanced valves capable of remote monitoring and control will gain a competitive edge in the market. As industries prioritize efficiency and data-driven decision-making, the industrial valves market will witness significant growth, driven by the demand for innovative and automated solutions.
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 preferred for their excellent sealing capabilities, ability to minimize pressure loss, and efficient management of high flow rates, making them ideal for various applications.
Breakup By Functionality:
· On-Off/Isolation Valves
· Control Valves
On-off isolation valves are essential for controlling fluid flow in pipelines, known for their reliability and ease of maintenance.
Breakup By Material:
· Cast Iron
· Alloy Based
· Others
Steel valves are highly valued for their strength, durability, and resistance to corrosion, making them the top choice for demanding industrial applications and a major factor driving their market dominance.
Breakup By Size:
· 1”-6”
· 7”-25”
· 26”-50”
· 51” and Above
Valves between 1" and 6" are widely used across industries for efficient flow control, making them the go-to choice for standard piping systems and applications.
Breakup By End User:
Oil and Gas
· Power
· Pharmaceutical
· Water and Wastewater Treatment
· Chemical
· Food and Beverage
· Others
The oil and gas industry relies on dependable and efficient valves for exploration, production, and transportation, driving strong demand for high-performance industrial valves.
Breakup By Region:
· Asia Pacific
· Europe
· Latin America
· Middle East and Africa
Asia Pacific's rapid industrialization, infrastructure development, and growing manufacturing sector have fueled the demand for industrial valves, making it the largest market in the region.
Top Industrial Valves Market Leaders:
The industrial valves market report offers a detailed analysis of the competitive landscape, including in-depth profiles of the top companies in the industry.
Some of the key players in the market are:
· 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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Key Highlights of the Report:
· Market Performance (2018-2023)
· Market Outlook (2024-2032)
· 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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