PUBLISHER: The Insight Partners | PRODUCT CODE: 2165987

PUBLISHER: The Insight Partners | PRODUCT CODE: 2165987

North America Industrial Safety Valves Market Size and Forecast (2021 - 2034)

PUBLISHED: September 15, 2026

PAGES: 169 Pages

DELIVERY TIME: 1-5 business days

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The North America Industrial Safety Valves Market is projected to reach US$ 2,255.0 Million by 2034, increasing from US$ 1,387.7 Million in 2025. The market is anticipated to expand at a CAGR of 5.5% between 2026 and 2034.

Executive Summary and North America Industrial Safety Valves Market Analysis:

The North American industrial safety valves market is witnessing consistent growth, supported by the region's well-established industrial base and extensive activity across oil & gas, chemical processing, power generation, and manufacturing. The United States, Canada, and Mexico operate numerous refineries, petrochemical facilities, processing plants, and power-generation sites where dependable pressure management and safety equipment are essential. Regulatory requirements established by organizations such as the Occupational Safety and Health Administration (OSHA) and the Environmental Protection Agency (EPA) continue to encourage industries to install reliable safety valves that minimize operational risks and support compliance.

Technological innovation is also transforming the market, with manufacturers introducing smart valve technologies that incorporate IoT connectivity, remote monitoring, automated diagnostics, and advanced control capabilities. These solutions enable operators to identify abnormal pressure conditions and potential equipment issues more efficiently. Expansion of energy infrastructure, including natural gas, LNG, and bioenergy facilities, is further creating opportunities for safety valve suppliers.

The increase in US crude oil production has also strengthened market demand. According to the US Energy Information Administration, crude oil production reached 13.6 million barrels per day in July 2025. Higher production levels require dependable pressure-relief and emergency shutdown systems across drilling operations, pipelines, refineries, terminals, and storage facilities. As oil and gas infrastructure expands, valve manufacturers are increasing investments in durable materials and advanced designs capable of operating under high pressure, elevated temperatures, and corrosive conditions.

In addition, aging industrial infrastructure throughout North America is creating a significant replacement and modernization opportunity. Companies are upgrading older valve systems to improve operational reliability, reduce maintenance requirements, and meet increasingly stringent safety expectations.

Strategic Insights

North America Industrial Safety Valves Market Segmentation Analysis:

By Size, the North America Industrial Safety Valves Market is categorized into Upto 5 Inches, 6-15 Inches, 16-24 Inches, and Above 25 Inches. The Upto 5 Inches segment accounted for the largest market share in 2025.

By Class, the North America Industrial Safety Valves Market is divided into 150, 300, 400, 600, 800, 900, 1500, and 2500. The 150 class segment held the leading position in 2025.

By Industry, the North America Industrial Safety Valves Market is segmented into Oil and Gas, LNG, Water Treatment, Power and Energy, Chemical and Petrochemical, and Others. The Oil and Gas segment dominated the market in 2025.

Market Report Scope

North America Industrial Safety Valves Market Outlook

Growing energy consumption worldwide is encouraging continued investment in oil and gas exploration, production, transportation, and refining, thereby increasing demand for advanced safety and flow-control equipment. Industrial safety valves play an important role in protecting pipelines, processing units, refineries, and storage systems from excessive pressure, leakage, and unexpected equipment failures. The expansion of crude oil production is consequently supporting the adoption of dependable valve technologies throughout the energy value chain.

Canada remains an important contributor to regional demand. The Canadian Association of Petroleum Producers (CAPP) reported in October 2025 that Canada was the world's fourth-largest crude oil producer and fifth-largest natural gas producer, accounting for approximately one-sixth of Western Alliance oil and gas production and around 6% of global oil output. This substantial production base creates ongoing requirements for industrial valves that can provide accurate flow regulation, pressure control, and operational protection throughout extraction, processing, and transportation activities.

As Canadian oil and gas developments expand across conventional, offshore, unconventional, and shale operations, equipment must increasingly withstand severe operating environments. High-pressure applications, extreme temperatures, abrasive materials, and corrosive fluids are driving demand for safety valves manufactured from advanced and highly durable materials.

The continued development of offshore and onshore drilling projects across North America and other major producing regions is further strengthening the need for robust safety systems. Companies are increasingly prioritizing equipment capable of maintaining reliable performance under demanding conditions. At the same time, greater awareness of environmental protection and the potentially significant financial, operational, and legal consequences of industrial accidents is encouraging operators to strengthen preventive safety measures.

The ongoing development of upstream, midstream, and downstream oil and gas infrastructure, combined with regulatory requirements and advancements in valve technology, is expected to provide sustained growth opportunities for the industrial safety valves market.

North America Industrial Safety Valves Market Country Insights

By country, the North America Industrial Safety Valves Market is segmented into the United States, Canada, and Mexico. The United States held the largest market share in 2025.

The US market is benefiting from substantial investments in water and wastewater infrastructure, where modern safety valves are increasingly required for pressure regulation, leakage prevention, and reliable system operation. A notable example is the capital investment program of New Jersey American Water, which allocated more than US$ 781 million in 2025 compared with US$ 520 million in 2024. Such increased spending reflects the broader modernization of critical water infrastructure and creates additional demand for advanced valve solutions.

Infrastructure upgrades across more than 190 communities are encouraging utilities to replace aging equipment and improve system reliability. These modernization programs are expected to support the adoption of industrial safety valves designed to enhance pressure management and extend infrastructure service life. Meanwhile, investments in LNG terminals, renewable energy installations, and other emerging energy projects are generating additional opportunities because these facilities require dependable pressure-control systems and fail-safe mechanisms.

North America Industrial Safety Valves Market Company Profiles

Some of the major companies operating in the market include Emerson Electric Co, SLB Limited, Spirax Group plc, Circor International Inc, Flowserve Corp, Velan Inc, The Weir Group PLC, Crane Co, Neway Valve (Suzhou) Co., Ltd, and KITZ Corporation.

These companies are pursuing strategies such as geographic expansion, technological development, product innovation, strategic partnerships, and mergers and acquisitions. Such initiatives are aimed at strengthening their product portfolios, addressing evolving industrial safety requirements, expanding customer reach, and improving their competitive position in the North American industrial safety valves market.

Product Code: TIPRE00044025

1. Executive Summary

1.1 Analyst Market Outlook

2. Global Industrial Safety Valves Market Landscape

2.1 Overview
2.2 Value Chain Analysis
2.3 Supply Chain Analysis
- 2.3.1 List of Manufacturers/Suppliers
- 2.3.2 List of Potential Customers (Upto 50)
2.4 Porter's Five Forces Analysis
2.5 PEST Analysis

3. Competitive Landscape

3.1 Company Benchmarking by Key Players
3.2 Market Share Analysis, 2025 - By Key Players
3.3 Market Concentration

4. North America Industrial Safety Valves Market - Key Industry Dynamics

4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Future Trends
4.5 Impact of Drivers and Restraints:

5. Industrial Safety Valves Market - North America Analysis

5.1 North America Industrial Safety Valves Market Revenue (US$ Million), 2021 - 2034
5.2 North America Industrial Safety Valves Market Revenue Forecast and Analysis

6. North America Industrial Safety Valves Market Revenue Analysis - by Size

6.1 North America Industrial Safety Valves Market Forecast and Analysis by Size
- 6.1.1 Upto 5 Inches
  - 6.1.1.1 Overview
  - 6.1.1.2 Upto 5 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 6.1.2 6-15 Inches
  - 6.1.2.1 Overview
  - 6.1.2.2 6-15 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 6.1.3 16-24 Inches
  - 6.1.3.1 Overview
  - 6.1.3.2 16-24 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 6.1.4 Above 25 Inches
  - 6.1.4.1 Overview
  - 6.1.4.2 Above 25 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

7. North America Industrial Safety Valves Market Revenue Analysis - by Class

7.1 North America Industrial Safety Valves Market Forecast and Analysis by Class
- 7.1.1 150
  - 7.1.1.1 Overview
  - 7.1.1.2 150: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.2 300
  - 7.1.2.1 Overview
  - 7.1.2.2 300: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.3 400
  - 7.1.3.1 Overview
  - 7.1.3.2 400: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.4 600
  - 7.1.4.1 Overview
  - 7.1.4.2 600: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.5 800
  - 7.1.5.1 Overview
  - 7.1.5.2 800: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.6 900
  - 7.1.6.1 Overview
  - 7.1.6.2 900: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.7 1500
  - 7.1.7.1 Overview
  - 7.1.7.2 1500: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 7.1.8 2500
  - 7.1.8.1 Overview
  - 7.1.8.2 2500: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

8. North America Industrial Safety Valves Market Revenue Analysis - by Industry

8.1 North America Industrial Safety Valves Market Forecast and Analysis by Industry
- 8.1.1 Oil and Gas
  - 8.1.1.1 Overview
  - 8.1.1.2 Oil and Gas: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.2 LNG
  - 8.1.2.1 Overview
  - 8.1.2.2 LNG: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.3 Water Treatment
  - 8.1.3.1 Overview
  - 8.1.3.2 Water Treatment: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.4 Power and Energy
  - 8.1.4.1 Overview
  - 8.1.4.2 Power and Energy: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.5 Chemical and Petrochemical
  - 8.1.5.1 Overview
  - 8.1.5.2 Chemical and Petrochemical: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
- 8.1.6 Others
  - 8.1.6.1 Overview
  - 8.1.6.2 Others: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)

9. North America Industrial Safety Valves Market - Country Analysis

9.1 North America
- 9.1.1 North America Industrial Safety Valves Market Forecast and Analysis - by Country
  - 9.1.1.1 United States Market
    - 9.1.1.1.1 United States: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 9.1.1.1.2 United States: North America Industrial Safety Valves Market - By Segmentation
      - 9.1.1.1.2.1 Size
      - 9.1.1.1.2.2 Class
      - 9.1.1.1.2.3 Industry
  - 9.1.1.2 Canada Market
    - 9.1.1.2.1 Canada: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 9.1.1.2.2 Canada: North America Industrial Safety Valves Market - By Segmentation
      - 9.1.1.2.2.1 Size
      - 9.1.1.2.2.2 Class
      - 9.1.1.2.2.3 Industry
  - 9.1.1.3 Mexico Market
    - 9.1.1.3.1 Mexico: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
    - 9.1.1.3.2 Mexico: North America Industrial Safety Valves Market - By Segmentation
      - 9.1.1.3.2.1 Size
      - 9.1.1.3.2.2 Class
      - 9.1.1.3.2.3 Industry

10 Industrial Safety Valves Market Industry Landscape

11 - Key Company Profiles

11.1 Emerson Electric Co
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 SLB Limited
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Spirax Group plc
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Circor International Inc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 Flowserve Corp
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Velan Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 The Weir Group PLC
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 Crane Co
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
11.9 Neway Valve (Suzhou) Co.,Ltd
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
11.10 KITZ Corporation
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments

12. Appendix

12.1 Glossary
12.2 Research Methodology and Approach
- 12.2.1 Secondary Research
- 12.2.2 Primary Research
- 12.2.3 Market Estimation Approach
  - 12.2.3.1 Supply Side Analysis
  - 12.2.3.2 Demand Side Analysis
- 12.2.4 Research Assumptions and Limitations
- 12.2.5 Currency Conversion
12.3 About The Insight Partners
12.4 Market Intelligence Cloud

Product Code: TIPRE00044025

List Of Tables

Table 1. North America Industrial Safety Valves Market Segmentation
Table 2. Market Share Analysis, 2025 - By Key Players
Table 3. North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Table 4. North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Size
Table 5. North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Class
Table 6. North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Industry
Table 7. North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Table 8. United States: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Size
Table 9. United States: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Class
Table 10. United States: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Industry
Table 11. Canada: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Size
Table 12. Canada: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Class
Table 13. Canada: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Industry
Table 14. Mexico: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Size
Table 15. Mexico: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Class
Table 16. Mexico: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million) - by Industry
Table 17. Glossary - North America Industrial Safety Valves Market

List Of Figures

Figure 1. North America Industrial Safety Valves Market - Value Chain Analysis
Figure 2. Porter's Five Forces Analysis
Figure 3. PEST Analysis
Figure 4. North America Industrial Safety Valves Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. North America Industrial Safety Valves Market Revenue (US$ Million), 2021 - 2034
Figure 7. North America Industrial Safety Valves Market Share (%) - by Size, 2025 and 2034
Figure 8. Upto 5 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 9. 6-15 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 10. 16-24 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 11. Above 25 Inches: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 12. North America Industrial Safety Valves Market Share (%) - by Class, 2025 and 2034
Figure 13. 150: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 14. 300: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 15. 400: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 16. 600: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 17. 800: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 18. 900: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 19. 1500: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 20. 2500: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 21. North America Industrial Safety Valves Market Share (%) - by Industry, 2025 and 2034
Figure 22. Oil and Gas: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 23. LNG: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 24. Water Treatment: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 25. Power and Energy: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 26. Chemical and Petrochemical: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 27. Others: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 28. North America Industrial Safety Valves Market Breakdown by Key Countries, 2025 and 2034 (%)
Figure 29. United States: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 30. Canada: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 31. Mexico: North America Industrial Safety Valves Market - Revenue and Forecast, 2021 - 2034 (US$ Million)
Figure 32. Bottom-Up Approach and Top-Down Approach