Industrial Valve Market Segmentation:
Material Segment Analysis
Steel is expected to continue to be the dominant material for valves, generating nearly 33% of the total revenue by 2035 due to its higher mechanical strength, corrosion resistance, and application over wide temperature and pressure ranges, in which steel remains the most preferred option in chemical, oil & gas, and power industries. Stainless-steel valves are meant for use in highly corrosive chemical environments and pressurized systems. According to the Japan Ministry of Economy, Trade and Industry (METI), demand for high-grade steel valves was 23.49 million tons in 2022, as modernizations have prioritized refineries and petrochemical plants. The steel production landscape in Japan further strengthens this segment by minimizing price volatility and lessening dependency on imports.
Size Segment Analysis
The valves sized 1–6″ segment is expected to account for 35.6% of total revenue and maintain the largest market share until the year 2035. These mid-range valves find maximum application in chemical processing, water treatment, oil and gas, and power generation industries due to their balance between flow capacity and ease of integration with standard pipeline systems. Their usability across both manual adjustments and automated control systems makes them essential in operational workflows. This growing reliance is largely driven by midstream infrastructure upgrades and increased construction activity surrounding chemical storage facilities. As operations become more complex and safety standards tighten, such technologies are no longer optional but integral to efficient and compliant execution. These factors collectively underscore their rising importance in industrial environments.
Type Segment Analysis
The ball valve segment is expected to account for 35.6% of total revenue and maintain the largest market share until the year 2035. Its flexibility, tough construction, and sealing capabilities at high-pressure and high-temperature conditions, ball valves the most prevalent industrial valve type. Ball valves are commonly used within the oil & gas industry, chemicals, water treatment, and power generation. Ball valves require little maintenance, can shut off quickly, and have a long service life. Additionally, ball valves are adaptable to automation, which can aid in capitalizing on their largest share of the market.
Our in-depth analysis of the global industrial valve market includes the following segments:
| Segment | Sub-Segments |
|
Type |
|
|
Material |
|
|
Size |
|
|
End user |
|
