PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2060327
PUBLISHER: MarketsandMarkets | PRODUCT CODE: 2060327
According to MarketsandMarkets, the industrial valve market is projected to reach USD 147.19 billion by 2032 from USD 108.36 billion in 2026, at a CAGR of 5.2%. The industrial valve market is projected to witness steady growth during the forecast period, driven by increasing demand for reliable flow control, isolation, pressure regulation, pressure relief, backflow prevention, throttling, diversion, and emergency shutdown applications across major industries. Rising investments in oil & gas pipelines, refineries, power plants, chemical processing facilities, water & wastewater treatment plants, and industrial infrastructure support the market growth.
| Scope of the Report | |
|---|---|
| Years Considered for the Study | 2021-2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Units Considered | Value (USD Billion) |
| Segments | By Valve, Size, Media and Region |
| Regions covered | North America, Europe, APAC, RoW |
As industrial operations involve high-pressure fluids, corrosive media, steam, gas, slurry, and hazardous process conditions, end users are prioritizing durable and efficient valve systems to improve plant safety, reduce downtime, and ensure regulatory compliance. Additionally, the increasing adoption of actuated valves, control valves, smart valve monitoring systems, and IIoT-enabled predictive maintenance solutions is improving operational efficiency and process reliability. Demand for corrosion-resistant, high-pressure, and severe-service valves is also increasing across oil & gas, chemicals, energy & power, water & wastewater treatment, and other process industries. The long-term need for safer operations, infrastructure upgrades, automation, and efficient fluid handling is expected to support the continued growth of the global industrial valve market.

By valve type, linear valves will capture largest market share throughout forecast period
Linear valves are expected to hold the largest share of the industrial valve market due to their wide use in flow regulation, throttling, pressure control, backflow prevention, and safety applications. These valves are extensively used across oil & gas, chemicals, water & wastewater treatment, energy & power, pharmaceuticals, and process industries where reliable fluid control is critical. Their suitability for high-pressure, high-temperature, corrosive, and severe-service operating environments supports their adoption across industrial plants. Increasing demand for process efficiency, plant safety, and automation is further supporting the growth of the linear valve segment in the industrial valve market.
By valve size, 1" to 6" segment to capture significant market share during forecast period
1" to 6" valves are expected to capture a significant share of the industrial valve market due to their broad use across industrial pipelines, process control systems, utility lines, water treatment facilities, and manufacturing plants. These valves are widely used in medium-flow applications across oil & gas, chemicals, energy & power, water & wastewater treatment, food & beverages, and pharmaceuticals industries. Their ease of installation, compatibility with different valve types, and suitability across liquid, gas, and slurry applications make them highly preferred. Increasing investment in plant utilities, water infrastructure, and process automation is further driving the adoption of 1" to 6" valves.
Asia Pacific to be largest market for industrial valves during forecast period
Asia Pacific is likely to remain the largest market for industrial valves during the forecast period due to rapid industrialization, infrastructure development, and strong growth across key end-use industries. Increasing investments in oil & gas pipelines, refineries, chemical plants, power generation facilities, water & wastewater treatment systems, and manufacturing industries across China, India, Japan, South Korea, and Southeast Asia are significantly driving demand for industrial valves. The region's expanding industrial base, rising focus on automation, and growing need for reliable flow control, pressure regulation, isolation, and safety systems are supporting market growth. Additionally, strong demand for water infrastructure modernization, energy projects, and process industry expansion is strengthening the Asia Pacific's position in the global industrial valve market. The presence of large manufacturing hubs, cost-competitive valve suppliers, and increasing adoption of smart and automated valves are further enhancing regional market penetration. As industries continue to invest in safety, efficiency, and plant reliability, Asia Pacific is expected to maintain its leading position in the industrial valve market.
Breakdown of Primaries
A variety of executives from key organizations operating in the industrial valve market were interviewed in-depth, including CEOs, marketing directors, and innovation and technology directors.
Note: The RoW region includes the Middle East, Africa, and South America. Other designations include product, sales, and marketing managers. Three tiers of companies have been defined based on their total revenues as of 2025: Tier 3: revenue less than USD 100 million; Tier 2: revenue between USD 100 million and USD 1 billion; and Tier 1: revenue more than USD 1 billion.
Major players profiled in this report are as follows: Major players operating in the industrial valve market include Emerson Electric Co. (US), SLB (US), Flowserve Corporation (US), IMI plc (UK), Neway Valve (China), Crane Co. (US), KITZ Corporation (Japan), Parker Hannifin Corporation (US), Alfa Laval AB (Sweden), KSB SE & Co. KGaA (Germany), Curtiss-Wright Corporation (US), Spirax Group (UK), Watts Water Technologies (US), Bray International (US), and CIRCOR International (US), among others.
These companies compete by continuously expanding their industrial valve portfolios, strengthening automation capabilities, and improving valve performance across flow control, isolation, pressure regulation, pressure relief, backflow prevention, throttling, diversion, and emergency shutdown applications. Strategic emphasis is placed on developing advanced rotary valves, linear valves, safety valves, actuators, control valves, and corrosion-resistant valve solutions for industries such as oil & gas, energy & power, water & wastewater treatment, chemicals, pharmaceuticals, food & beverages, metals & mining, and semiconductors. Market participants prioritize reliable performance, material compatibility, high-pressure handling, severe-service capability, regulatory compliance, and aftermarket support. Continued investments in smart valve monitoring, actuated valves, IIoT-enabled maintenance, and expansion across high-growth industrial regions are expected to sustain competition and accelerate adoption across the global industrial valve market.
The study provides a detailed competitive analysis of these key players in the industrial valve market, presenting their company profiles, most recent developments, and key market strategies.
Research Coverage
This report on the industrial valve market presents a detailed analysis based on region, valve type, safety valve type, pressure range, media type, valve size, material, component, function, and end-use industry. By valve type, the market is segmented into rotary valves and linear valves. Rotary valves include ball, butterfly, and plug valves, while linear valves include globe, check, gate, diaphragm, safety, needle, pinch, solenoid, and angle valves. By pressure range, the market covers up to 50 bar, >50-350 bar, >350-700 bar, >700-1,000 bar, and >1,000 bar. By end-use industry, the market covers oil & gas, energy & power, water & wastewater treatment, chemicals, pharmaceuticals, building & construction, food & beverages, metals & mining, paper & pulp, agriculture, semiconductor, and other process industries. The regional analysis includes North America, Europe, Asia Pacific, and RoW, enabling evaluation of demand patterns, growth drivers, and industry trends. The components segment includes actuators, valve body, and other components, while the function segment comprises on-off and control functions.
Reasons to Buy the Report
The report will help leaders and new entrants in the industrial valve market with information on the closest approximations of the revenue numbers for the overall market and its subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the industrial valve market's pulse and provides information on key market drivers, restraints, challenges, and opportunities.
Key Benefits of Buying the Report
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