Global Steam Valve Market Growth 2025-2031

The global Steam Valve market size is predicted to grow from US$ 8617 million in 2025 to US$ 9629 million in 2031; it is expected to grow at a CAGR of 1.9% from 2025 to 2031.

Steam Valves are used in steam system to adjust or switch steam flow, filter impurity in steam, prevent steam backflow, etc. Steam valves include a lot of valves like steam trap valves, steam plunger valves, steam reducing valves, safety valves, etc.

First, for industry structure analysis, the Steam Valve industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include Emerson, Pentair, Flowserve, Spirax Sarco and Armstrong, account for about 17% of the revenue market. Regionally, North America is the biggest production value area, also the leader in the whole Steam Valve industry.

North America occupied 26% of the production market. It is followed by Europe and China, which respectively account for around 24% and 24% of the global total industry. Other countries have a small amount of production. Geographically, North America was the largest consumption market in the world, which took about 25% of the global consumption volume.

LP Information, Inc. (LPI) ' newest research report, the “Steam Valve Industry Forecast” looks at past sales and reviews total world Steam Valve sales in 2024, providing a comprehensive analysis by region and market sector of projected Steam Valve sales for 2025 through 2031. With Steam Valve sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steam Valve industry.

This Insight Report provides a comprehensive analysis of the global Steam Valve landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steam Valve portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steam Valve market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steam Valve and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Steam Valve.

This report presents a comprehensive overview, market shares, and growth opportunities of Steam Valve market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Pneumatic Steam Valve
Electric Steam Valve
Self-operated Steam Valve

Segmentation by Application:
Oil & Gas
Power Industry
Steel Industry
Food & Beverage
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Emerson
Pentair
Flowserve
Spirax Sarco
Armstrong
Crane Company
KSB Group
Kitz
Velan
Metso
Circor
Cameron
TLV
Yoshitake
Richards Industries
MIYAWAKI
Watson McDaniel
DSC
Beijing Valve General Factory
Hongfeng Mechanical
Yingqiao Machinery
Shanghai Hugong
Chenghang Industrial Safety
Lonze Valve
Water-Dispersing Valve

Key Questions Addressed in this Report

What is the 10-year outlook for the global Steam Valve market?

What factors are driving Steam Valve market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Steam Valve market opportunities vary by end market size?

How does Steam Valve break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.