Industrial Valves Market Analysis

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 2035. 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:

Type	Gate Globe Ball Butterfly Plug Check Safety Relief
Material	Cast Steel Carbon Steel Stainless Steel Bronze
Component	Actuator Positioner
Function	Manual Automatic
Application	Oil & Gas, Chemical Water and Wastewater Food and Beverage Healthcare

Frequently Asked Questions (FAQ)

Growing demand for establishing new power plants, increasing demand for ai-integrated valves, and rising demand for fuel are driving the market growth.

The market size of industrial valves is anticipated to attain a CAGR of 4.6% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Severn Group, Total Valve Systems, Valmet, Emerson Electric Co., DomBor Valve, YUKEN KOGYO CO., LTD, Yokogawa Electric Corporation, Azbil Corporation, NACHI-FUJIKOSHI CORP, Sawamura Valve Co., Ltd., and others.

The actuators segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Industrial Valves Market Analysis