Global Industrial Valves

Global Industrial Valves

Global demand for industrial valves is forecast to increase 4.3% per year to $103 billion in 2023. Growth will be driven by rising process manufacturing and building construction activity and increased spending on utilities infrastructure. The report covers industrial valve demand by product, market, and region. Demand is presented in US dollars.

Among the products covered in this study are:
Standard multiturn valves
Standard quarterturn valves
Other standard valve products and parts, such as safety and relief valves and waterworks valves
Automatic control valves
Automatic regulator valves
Separately-sold automatic valve actuators

Markets for industrial valves include:
Process manufacturing
Water infrastructure
Building construction
Oil and gas
Electricity generation
Other markets, such as gas utilities, mining, and shipbuilding

Demand by is presented for 23 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global industrial valve market, including key trends in products, markets, and regions. Historical data are provided for 2008, 2013, and 2018 for demand, production, and net exports, with forecasts for 2023. Historical market volatility is also addressed. Data are provided in US dollars. Demand totals at the country level are also presented in local currency terms. Also included is an analysis of key industry players and their global market shares.