Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Industrial Valves Market size is poised to increase from USD 79.21 billion in 2024 to USD 147.52 billion by 2037, reflecting a CAGR of more than 4.9% during the forecast period, from 2025 to 2037. Currently in 2025, the industry revenue of industrial valves is evaluated at USD 81.93 billion.
The need for industrial valves has risen recently as a result of the world's rapid industrialization. The flow of materials across key sectors may be easily and affordably controlled with the help of these industrial valves.
Additionally, the growing use of industrial valves in wastewater treatment facilities, sewage pumping, and numerous other applications will support the expansion of the industrial valves market globally. High-income nations treat, on average, 70% of the wastewater they produce,
Industrial Valves Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Demand for Establishing New Power Plants – Industrial valves are utilized to diagnose issues and raise the power plant's overall performance efficiency. As valves are employed in safety-related applications in nuclear power plants, the demand for valves is anticipated to rise with the construction of new nuclear facilities and the renovation of existing ones. This is done to safeguard turbines and boilers from vibration or corrosion. According to the International Energy Agency, nuclear power generates around 10% of the world's electricity, with advanced economies producing almost 20% of the world's electricity.
- Increasing Demand for AI-integrated Valves – New IoT solutions are being introduced by businesses to aid industries in remotely monitoring their assets. For instance, in January 2021, Flowserve Corporation, a major supplier of flow control goods and services for the worldwide infrastructure markets, unveiled a ground-breaking IoT service to assist manufacturing facilities in remotely monitoring their assets and significantly lowering equipment failures.
- Rising Demand for Fuel – As fuel demand rises, numerous nations are starting new oil and gas exploration projects. This is expected to increase demand for cutting-edge valve technology. The oil and gas exploration and production sector currently makes up around 3.8% of the global economy.
Challenges
- Functional Problems – A plant will shut down or have unplanned downtime if its valves malfunction. Customer connections may be strained as a result of late deliveries or subpar goods.
- Larger Capital Expenditure
- Absence of uniform policies
Industrial Valves Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
4.9% |
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Base Year Market Size (2024) |
USD 79.21 billion |
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Forecast Year Market Size (2037) |
USD 147.52 billion |
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Regional Scope |
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Industrial Valves Segmentation
Type (Gate, Globe, Ball, Butterfly, Plug, Check, Safety, Relief)
The ball segment in the industrial valves market is estimated to grow at the highest rate. In 2019, more than 15% of sales were from ball valves. These valves are mostly employed for flow regulation and tight shut-off requirements. Ball valves are widely used in the food processing sector since processes like product filling require a controlled flow to be maintained. In order to fulfill self-sufficiency targets, increasing government spending to upgrade the current food processing infrastructure is anticipated to improve ball valve segment growth.
Component (Actuator, Positioner)
Actuators to hold the largest share of 43.6% by 2037. The actuators' 360° head rotation on control valves enables flexible installation and optimization. Optimizing the use of actuators in industrial processes and lowering overall installation costs, promotes market expansion.
Our in-depth analysis of the global market includes the following segments:
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Type |
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Material |
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Component |
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Function |
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Application |
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Customize this ReportIndustrial Valves Industry - Regional Synopsis
APAC Market Forecast
The Asia Pacific market to hold a share of 40% by 2037. In Asia Pacific nations, there is a rising need for better water & wastewater treatment methods as well as proper water management, which is driving up demand for industrial valves. Chinese pharmaceutical producers are increasingly implementing IoT-integrated industrial valves to automate and optimize a variety of processes, including delivering precise fluid doses for medication production.
North American Market Statistics
The market in North America is expected to hold a share of 28.4% during the forecast period. Increasing energy demand has led to an increase in oil and gas exploration activity in the USA. Approximately 18.12 million barrels of oil were consumed daily in the USA in 2020, according to the Energy Information Administration (EIA) of the United States. The expansion of the industrial valves market is being positively impacted by the spread of contemporary technologies across the region.
Companies Dominating the Industrial Valves Landscape
- Severn Group
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Total Valve Systems
- Valmet
- Emerson Electric Co.
- DomBor Valve
In the News
- The LiftTrackTM 2.0, a new, patented Pressure Safety Valve lift event indicator from Total Valve, enables users to record information on the numerous lift events that take place inside a safety valve.
- With the addition of NelesTM Q-DiscTM, a new high-performance feature to aid flow balancing in control valve applications, Valmet is expanding the variety of butterfly valves it offers. The introduction completes the product line of the modular butterfly valve platforms NelesTM NeldiscTM and JamesburyTM Wafer-SphereTM, which were released in June 2021.
Author Credits: Richa Gupta
- Report ID: 5209
- Published Date: Mar 20, 2025
- Report Format: PDF, PPT
