The Global Industrial Valves Market size was estimated at USD 81.2 billion in 2023 and is projected to reach USD 110.50 billion in 2030 at a CAGR of 4.5% during the forecast period 2023-2030.
valves are essential components that play a crucial role in regulating the flow of fluids and gases in various industrial applications. These devices have a complex structure, comprising the main body, a stem, and a seat. To ensure optimal performance and avoid any wastage of the liquid that flows through the valve, these components are often made of different materials, such as polymers, rubber, and metals.
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Industrial Valves are objects that can be either natural or man-made, which have the ability to direct, regulate, or control the flow of fluids such as gases, liquids, slurries, or fluidized solids. Although technically classified as fittings, valves are commonly recognized as a distinct category.
valves are essential components that play a crucial role in regulating the flow of fluids and gases in various industrial applications. These devices have a complex structure, comprising the main body, a stem, and a seat.
Top Competitors of Industrial Valves Market:
- Newmans Valves LLC
- Walworth
- Flowserve Corp.
- Microfinish Valves Pvt. Ltd.
- Davis Valve, Bohmer GmbH
- Virgo Engineers Inc.
- AVK Holdings A/S
- Jagflo Components
- Gemini Valve
- IMI plc
- Flow Control Technology Valve
- Anything Flows LLC
- KLINGER Holding
- Sap Industries Ltd.
- Tianjin City Binhai Huayi Valve Co.
- Avcon Controls Pvt. Ltd.
- Schlumberger Limited
- Powell Valves
- Fluidline Valves Co. Pvt. Ltd and More
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Industrial Valves Market Segmentation:
By Type
- Ball Valves
- Check Valves
- Butterfly Valves
- Plug Valves
- Globe Valves
- Gate Valves
- Diaphragm Valves
- Safety Valves
By Component
- Actuators
- Valve Body
- Other Components (Positioners and I/P Converters)
By Function
- On/Off
- Control
By Material
- Steel
- Cast Iron
- Alloy Based
- Cryogenic
- Plastic
- Other Materials (Bronze and Brass)
By Size
- 1”
- 1" to 6"
- 7" to 25"
- 26" to 50"
- 50"
By End-User Industry
- Chemicals
- Energy Power
- Oil Gas
- Water Wastewater Treatment
- Pharmaceutical
- Food Beverage
- Other End-User Industries (Textile and Glass)
Recent Developments
- In December 2022, Emerson introduced the Crosby J-Series pressure relief valve product line, which is expected to ensure balanced operation against backpressure to improve performance and lower the cost of ownership. They feature the bellows leak detection technology, which enables remote detection of bellows ruptures in the valves, thereby helping reduce volumetric emissions.
- In December 2022, KSB SE Co. KGaA launched the series produced additively manufactured/3D printed diaphragm valves made of special alloyed material. The new valves are specially designed for the pharmaceutical industry.
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