PUBLISHER: Grand View Research | PRODUCT CODE: 1888958
PUBLISHER: Grand View Research | PRODUCT CODE: 1888958
The North America industrial valves market size was estimated at USD 20.14 billion in 2024 and is projected to reach USD 30.11 billion by 2033, growing at a CAGR of 4.7% from 2025 to 2033, driven by the sustained growth of the oil and gas and petrochemical sectors. Increasing exploration, production, and refining activities in the United States and Canada necessitate reliable and high-performance valves to manage the flow of oil, gas, and chemical products.
The demand for advanced control, safety, and pressure-regulating valves is particularly high in upstream, midstream, and downstream operations. Investments in modern infrastructure and plant expansions are further fueling the need for durable and efficient valve solutions across the region.
Technological advancements and the increasing adoption of automation in industrial processes are accelerating market growth. Smart valves equipped with sensors, actuators, and real-time monitoring systems improve process control, reduce downtime, and enhance operational safety. Industries such as chemical processing, water treatment, and pharmaceuticals are investing in automated valve systems to optimize production efficiency. These innovations also drive demand for high-precision and digitally integrated valve solutions across North American facilities.
Regulatory compliance and stringent safety standards are significant factors driving demand for industrial valves in North America. Standards set by organizations such as ASME, API, and ANSI ensure that valves meet strict performance, reliability, and safety criteria. Industries are increasingly prioritizing certified and durable valves to prevent operational failures and mitigate environmental risks. Compliance with environmental and workplace safety regulations encourages the adoption of advanced, high-quality valve solutions, further expanding the market across diverse industrial sectors.
North America Industrial Valves Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the North America industrial valves market report based on product, application, and country: