Global Plug Valves Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Plug Valves market size was valued at US$ 4202 million in 2024 and is forecast to a readjusted size of USD 5551 million by 2031 with a CAGR of 4.1% during review period.

Plug valve is a quarter-turn on-off valve. The plug itself is often shaped like an upside-down ice cream cone or a cylinder. A handle on top allows the user to turn the plug valve so it rotates and stops or starts the flow of liquid. A minimum of two holes, known as ports, must exist in the plug for liquid to flow. The ports are located on opposite sides of the plug, and when the plug is turned to the open position it creates a passage for the liquid to flow through.

Global Plug Valves key players include Flowserve, Crane, Brdr. Christensens, Emerson, VETEC Ventiltechnik, etc.

North America is the largest market, with a share over 20%, followed by Europe and Asia(Except China), both have a share over 40%.

In terms of product, Lubricated Plug Valve is the largest segment, with a share over 50%. And in terms of application, the largest application is Petroleum and Natural Gas, followed by Chemical, Water Treatment, etc.

This report is a detailed and comprehensive analysis for global Plug Valves market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Plug Valves market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Plug Valves market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Plug Valves market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Plug Valves market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Plug Valves

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Plug Valves market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Flowserve, Crane, Brdr. Christensens, Emerson, Weir, SchuF Group, AZ-Armaturen, Galli & Cassina, 3Z Corporation, Henry Pratt, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Plug Valves market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Non-Lubricated
Lubricated Plug Valve
Eccentric Plug Valve
Expanding Plug Valve

Market segment by Application
Petroleum and Natural Gas
Chemical
Water Treatment
Power
Others

Major players covered
Flowserve
Crane
Brdr. Christensens
Emerson
Weir
SchuF Group
AZ-Armaturen
Galli & Cassina
3Z Corporation
Henry Pratt
ASKA
VETEC Ventiltechnik
FluoroSeal
Regus
Parker
Walworth
DeZURIK
Clow Valve
BREDA ENERGIA
GA Industries
Fujikin
Pister
SS Valve
Val-Matic
UNIMAC
Yuanda Valve
Hugong Valve
Yuandong Valve
KOKO Valve
Gongzhou Valve
Datian Valve
ENINE-PV
REMY Valve
Zhengquan Valve
Miko Valve

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Plug Valves product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Plug Valves, with price, sales quantity, revenue, and global market share of Plug Valves from 2020 to 2025.

Chapter 3, the Plug Valves competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Plug Valves breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Plug Valves market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Plug Valves.

Chapter 14 and 15, to describe Plug Valves sales channel, distributors, customers, research findings and conclusion.