Global Industrial Valves Market Analysis 2022

Global Industrial Valves Market Analysis 2022

The Global Industrial Valves Market is expected to reach $100.16 billion by 2028 growing at a CAGR of 5.2% from 2021 to 2028. Valves have become an indispensable component of industrial structures. They play a critical role in controlling the flow of materials across various industries. While they all provide similar functions, industrial valves have evolved into various types with specialized designs and features to meet a number of application-specific requirements. Industrial valves are mainly manufactured using stainless steel, carbon steel, cast iron, and other high functioning metal alloys to obtain efficient flow control in industries such as oil & power, food & beverages, chemicals, water & waste water, and others.

Factors such as rising focus on development of smart cities worldwide, increasing adoption of automation technologies in process industries, and growing manufacturing of industrial valves through 3D printing are driving the growth of the market. However, lack of standardized policies and malfunctioning or failures of valves are restraining the growth of the market.

Based on end user, the oil & gas segment is going to have a lucrative growth during the forecast period which can be attributed to the increasing energy demand, rising transportation sector, and rising drilling activities in the Gulf Cooperation Council (GCC) countries. However, at present, the world is recovering from an economic crisis due to the outbreak of the COVID-19 pandemic. Post COVID-19, the rising demand for maintenance operations in oil & gas industry would create ample opportunities for key players.

The key vendors mentioned are Hitachi Metals Ltd, Honeywell International Inc, General Electric (Baker Hughes), Alfa Laval, AVK Holding AS, Broer Group, CIRCOR International Inc, Crane Co, Curtiss-Wright Corporation, Danfoss AS, Emerson Electric Co, Georg Fischer Ltd, Flowserve Corporation, IMI PLC, ITT Inc, Schlumberger, Neles Corporation, Spirax Sarco Limited, and KITZ Corporation.

Components Covered:

  • Actuator
  • Valve Body
Types Covered:
  • Angle Valves
  • Ball Valves
  • Butterfly Valves
  • Check Valves
  • Diaphragm Valves
  • Dual Plate Valves
  • Gate Valves
  • Globe Valves
  • Lined Valves
  • Lubricated Valves
  • Needle Valve
  • Parallel Valves
  • Pinch Valve
  • Piston Lift Valves
  • Plug Valves
  • Pressure Relief Valve
  • Safety Valves
  • Swing Check Valves
  • Tee Valves
  • Trunnion Valves
  • Wedge Valves
Products Covered:
  • Quarter-Turn Valve
  • Multi-Turn Valve
Accessories Covered:
  • Seal Kits
  • Power Cable
  • Mounting Screws & Bolts
  • Hydraulic Filter
  • Dust Protection Covers
Functions Covered:
  • Special Purpose
  • Safety Relief
  • On-Off/Isolation
  • Non Return
  • Control/Regulation
Materials Covered:
  • Alloy Based
  • Aluminium
  • Brass
  • Bronze
  • Carbon Steel
  • Cast Iron
  • Cast Steel
  • Copper
  • Cryogenic
  • Ductile & Gray Iron
  • Plastic
  • Stainless Steel
Sizes Covered:
  • Up To 1”
  • 1-6”
  • 6-25”
  • 25-50”
  • 50” and Larger
End Users Covered:
  • Agriculture
  • Automotive
  • Building & Construction
  • Chemicals
  • Energy & Power
  • Food & Beverages
  • Marine
  • Metals & Mining
  • Oil & Gas
  • Pharmaceuticals & Healthcare
  • Process Manufacturer
  • Pulp & Paper
  • Refinery
  • Water & Wastewater Treatment
Regions Covered:
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa
Key Questions Answered in this Report:
  • How this market evolved since the year 2020
  • Market size estimations, forecasts and CAGR for all the segments presented in the scope
  • Key Market Developments and financials of the key players
  • Opportunity Analysis for the new entrants
  • SWOT Analysis of the key players
  • Fastest growing markets analyzed during the forecast period


1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Industrial Valves Market, By Component
5.1 Introduction
5.2 Actuator
5.3 Valve Body
6 Global Industrial Valves Market, By Type
6.1 Introduction
6.2 Angle Valves
6.3 Ball Valves
6.4 Butterfly Valves
6.5 Check Valves
6.6 Diaphragm Valves
6.7 Dual Plate Valves
6.8 Gate Valves
6.9 Globe Valves
6.10 Lined Valves
6.11 Lubricated Valves
6.12 Needle Valve
6.13 Parallel Valves
6.14 Pinch Valve
6.15 Piston Lift Valves
6.16 Plug Valves
6.17 Pressure Relief Valve
6.18 Safety Valves
6.19 Swing Check Valves
6.20 Tee Valves
6.21 Trunnion Valves
6.22 Wedge Valves
7 Global Industrial Valves Market, By Product
7.1 Introduction
7.2 Quarter-Turn Valve
7.3 Multi-Turn Valve
8 Global Industrial Valves Market, By Accessory
8.1 Introduction
8.2 Seal Kits
8.3 Power Cable
8.4 Mounting Screws & Bolts
8.5 Hydraulic Filter
8.6 Dust Protection Covers
9 Global Industrial Valves Market, By Function
9.1 Introduction
9.2 Special Purpose
9.3 Safety Relief
9.4 On-Off/Isolation
9.5 Non Return
9.6 Control/Regulation
10 Global Industrial Valves Market, By Material
10.1 Introduction
10.2 Alloy Based
10.3 Aluminium
10.4 Brass
10.5 Bronze
10.6 Carbon Steel
10.7 Cast Iron
10.8 Cast Steel
10.9 Copper
10.10 Cryogenic
10.11 Ductile & Gray Iron
10.12 Plastic
10.13 Stainless Steel
11 Global Industrial Valves Market, By Size
11.1 Introduction
11.2 Up To 1”
11.3 1-6”
11.4 6-25”
11.5 25-50”
11.6 50” and Larger
12 Global Industrial Valves Market, By End User
12.1 Introduction
12.2 Agriculture
12.3 Automotive
12.4 Building & Construction
12.5 Chemicals
12.6 Energy & Power
12.7 Food & Beverages
12.8 Marine
12.9 Metals & Mining
12.10 Oil & Gas
12.11 Pharmaceuticals & Healthcare
12.12 Process Manufacturer
12.13 Pulp & Paper
12.14 Refinery
12.15 Water & Wastewater Treatment
13 Global Industrial Valves Market, By Geography
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 South America
13.6 Middle East & Africa
14 Strategic Benchmarking
15 Vendors Landscape
15.1 Hitachi Metals Ltd
15.2 Honeywell International Inc
15.3 General Electric (Baker Hughes)
15.4 Alfa Laval
15.5 AVK Holding AS
15.6 Broer Group
15.7 CIRCOR International Inc
15.8 Crane Co
15.9 Curtiss-Wright Corporation
15.10 Danfoss AS
15.11 Emerson Electric Co
15.12 Georg Fischer Ltd
15.13 Flowserve Corporation
15.14 IMI PLC
15.15 ITT Inc
15.16 Schlumberger
15.17 Neles Corporation
15.18 Spirax Sarco Limited
15.19 KITZ Corporation
List of Data Tables
1 Global Industrial Valves Market Outlook, By Region (2020-2028) ($MN)
2 Global Industrial Valves Market Outlook, By Component (2020-2028) ($MN)
3 Global Industrial Valves Market Outlook, By Actuator (2020-2028) ($MN)
4 Global Industrial Valves Market Outlook, By Valve Body (2020-2028) ($MN)
5 Global Industrial Valves Market Outlook, By Type (2020-2028) ($MN)
6 Global Industrial Valves Market Outlook, By Angle Valves (2020-2028) ($MN)
7 Global Industrial Valves Market Outlook, By Ball Valves (2020-2028) ($MN)
8 Global Industrial Valves Market Outlook, By Butterfly Valves (2020-2028) ($MN)
9 Global Industrial Valves Market Outlook, By Check Valves (2020-2028) ($MN)
10 Global Industrial Valves Market Outlook, By Diaphragm Valves (2020-2028) ($MN)
11 Global Industrial Valves Market Outlook, By Dual Plate Valves (2020-2028) ($MN)
12 Global Industrial Valves Market Outlook, By Gate Valves (2020-2028) ($MN)
13 Global Industrial Valves Market Outlook, By Globe Valves (2020-2028) ($MN)
14 Global Industrial Valves Market Outlook, By Lined Valves (2020-2028) ($MN)
15 Global Industrial Valves Market Outlook, By Lubricated Valves (2020-2028) ($MN)
16 Global Industrial Valves Market Outlook, By Needle Valve (2020-2028) ($MN)
17 Global Industrial Valves Market Outlook, By Parallel Valves (2020-2028) ($MN)
18 Global Industrial Valves Market Outlook, By Pinch Valve (2020-2028) ($MN)
19 Global Industrial Valves Market Outlook, By Piston Lift Valves (2020-2028) ($MN)
20 Global Industrial Valves Market Outlook, By Plug Valves (2020-2028) ($MN)
21 Global Industrial Valves Market Outlook, By Pressure Relief Valve (2020-2028) ($MN)
22 Global Industrial Valves Market Outlook, By Safety Valves (2020-2028) ($MN)
23 Global Industrial Valves Market Outlook, By Swing Check Valves (2020-2028) ($MN)
24 Global Industrial Valves Market Outlook, By Tee Valves (2020-2028) ($MN)
25 Global Industrial Valves Market Outlook, By Trunnion Valves (2020-2028) ($MN)
26 Global Industrial Valves Market Outlook, By Wedge Valves (2020-2028) ($MN)
27 Global Industrial Valves Market Outlook, By Product (2020-2028) ($MN)
28 Global Industrial Valves Market Outlook, By Quarter-Turn Valve (2020-2028) ($MN)
29 Global Industrial Valves Market Outlook, By Multi-Turn Valve (2020-2028) ($MN)
30 Global Industrial Valves Market Outlook, By Accessory (2020-2028) ($MN)
31 Global Industrial Valves Market Outlook, By Seal Kits (2020-2028) ($MN)
32 Global Industrial Valves Market Outlook, By Power Cable (2020-2028) ($MN)
33 Global Industrial Valves Market Outlook, By Mounting Screws & Bolts (2020-2028) ($MN)
34 Global Industrial Valves Market Outlook, By Hydraulic Filter (2020-2028) ($MN)
35 Global Industrial Valves Market Outlook, By Dust Protection Covers (2020-2028) ($MN)
36 Global Industrial Valves Market Outlook, By Function (2020-2028) ($MN)
37 Global Industrial Valves Market Outlook, By Special Purpose (2020-2028) ($MN)
38 Global Industrial Valves Market Outlook, By Safety Relief (2020-2028) ($MN)
39 Global Industrial Valves Market Outlook, By On-Off/Isolation (2020-2028) ($MN)
40 Global Industrial Valves Market Outlook, By Non Return (2020-2028) ($MN)
41 Global Industrial Valves Market Outlook, By Control/Regulation (2020-2028) ($MN)
42 Global Industrial Valves Market Outlook, By Material (2020-2028) ($MN)
43 Global Industrial Valves Market Outlook, By Alloy Based (2020-2028) ($MN)
44 Global Industrial Valves Market Outlook, By Aluminium (2020-2028) ($MN)
45 Global Industrial Valves Market Outlook, By Brass (2020-2028) ($MN)
46 Global Industrial Valves Market Outlook, By Bronze (2020-2028) ($MN)
47 Global Industrial Valves Market Outlook, By Carbon Steel (2020-2028) ($MN)
48 Global Industrial Valves Market Outlook, By Cast Iron (2020-2028) ($MN)
49 Global Industrial Valves Market Outlook, By Cast Steel (2020-2028) ($MN)
50 Global Industrial Valves Market Outlook, By Copper (2020-2028) ($MN)
51 Global Industrial Valves Market Outlook, By Cryogenic (2020-2028) ($MN)
52 Global Industrial Valves Market Outlook, By Ductile & Gray Iron (2020-2028) ($MN)
53 Global Industrial Valves Market Outlook, By Plastic (2020-2028) ($MN)
54 Global Industrial Valves Market Outlook, By Stainless Steel (2020-2028) ($MN)
55 Global Industrial Valves Market Outlook, By Size (2020-2028) ($MN)
56 Global Industrial Valves Market Outlook, By Up To 1” (2020-2028) ($MN)
57 Global Industrial Valves Market Outlook, By 1-6” (2020-2028) ($MN)
58 Global Industrial Valves Market Outlook, By 6-25” (2020-2028) ($MN)
59 Global Industrial Valves Market Outlook, By 25-50” (2020-2028) ($MN)
60 Global Industrial Valves Market Outlook, By 50” and Larger (2020-2028) ($MN)
61 Global Industrial Valves Market Outlook, By End User (2020-2028) ($MN)
62 Global Industrial Valves Market Outlook, By Agriculture (2020-2028) ($MN)
63 Global Industrial Valves Market Outlook, By Automotive (2020-2028) ($MN)
64 Global Industrial Valves Market Outlook, By Building & Construction (2020-2028) ($MN)
65 Global Industrial Valves Market Outlook, By Chemicals (2020-2028) ($MN)
66 Global Industrial Valves Market Outlook, By Energy & Power (2020-2028) ($MN)
67 Global Industrial Valves Market Outlook, By Food & Beverages (2020-2028) ($MN)
68 Global Industrial Valves Market Outlook, By Marine (2020-2028) ($MN)
69 Global Industrial Valves Market Outlook, By Metals & Mining (2020-2028) ($MN)
70 Global Industrial Valves Market Outlook, By Oil & Gas (2020-2028) ($MN)
71 Global Industrial Valves Market Outlook, By Pharmaceuticals & Healthcare (2020-2028) ($MN)
72 Global Industrial Valves Market Outlook, By Process Manufacturer (2020-2028) ($MN)
73 Global Industrial Valves Market Outlook, By Pulp & Paper (2020-2028) ($MN)
74 Global Industrial Valves Market Outlook, By Refinery (2020-2028) ($MN)
75 Global Industrial Valves Market Outlook, By Water & Wastewater Treatment (2020-2028) ($MN)
76 North America Industrial Valves Market Outlook, By Component (2020-2028) ($MN)
77 North America Industrial Valves Market Outlook, By Type (2020-2028) ($MN)
78 North America Industrial Valves Market Outlook, By Product (2020-2028) ($MN)
79 North America Industrial Valves Market Outlook, By Accessory (2020-2028) ($MN)
80 North America Industrial Valves Market Outlook, By Function (2020-2028) ($MN)
81 North America Industrial Valves Market Outlook, By Material (2020-2028) ($MN)
82 North America Industrial Valves Market Outlook, By Size (2020-2028) ($MN)
83 North America Industrial Valves Market Outlook, By End User (2020-2028) ($MN)
84 Europe Industrial Valves Market Outlook, By Component (2020-2028) ($MN)
85 Europe Industrial Valves Market Outlook, By Type (2020-2028) ($MN)
86 Europe Industrial Valves Market Outlook, By Product (2020-2028) ($MN)
87 Europe Industrial Valves Market Outlook, By Accessory (2020-2028) ($MN)
88 Europe Industrial Valves Market Outlook, By Function (2020-2028) ($MN)
89 Europe Industrial Valves Market Outlook, By Material (2020-2028) ($MN)
90 Europe Industrial Valves Market Outlook, By Size (2020-2028) ($MN)
91 Europe Industrial Valves Market Outlook, By End User (2020-2028) ($MN)
92 Asia Pacific Industrial Valves Market Outlook, By Component (2020-2028) ($MN)
93 Asia Pacific Industrial Valves Market Outlook, By Type (2020-2028) ($MN)
94 Asia Pacific Industrial Valves Market Outlook, By Product (2020-2028) ($MN)
95 Asia Pacific Industrial Valves Market Outlook, By Accessory (2020-2028) ($MN)
96 Asia Pacific Industrial Valves Market Outlook, By Function (2020-2028) ($MN)
97 Asia Pacific Industrial Valves Market Outlook, By Material (2020-2028) ($MN)
98 Asia Pacific Industrial Valves Market Outlook, By Size (2020-2028) ($MN)
99 Asia Pacific Industrial Valves Market Outlook, By End User (2020-2028) ($MN)
100 South America Industrial Valves Market Outlook, By Component (2020-2028) ($MN)
101 South America Industrial Valves Market Outlook, By Type (2020-2028) ($MN)
102 South America Industrial Valves Market Outlook, By Product (2020-2028) ($MN)
103 South America Industrial Valves Market Outlook, By Accessory (2020-2028) ($MN)
104 South America Industrial Valves Market Outlook, By Function (2020-2028) ($MN)
105 South America Industrial Valves Market Outlook, By Material (2020-2028) ($MN)
106 South America Industrial Valves Market Outlook, By Size (2020-2028) ($MN)
107 South America Industrial Valves Market Outlook, By End User (2020-2028) ($MN)
108 Middle East & Africa Industrial Valves Market Outlook, By Component (2020-2028) ($MN)
109 Middle East & Africa Industrial Valves Market Outlook, By Type (2020-2028) ($MN)
110 Middle East & Africa Industrial Valves Market Outlook, By Product (2020-2028) ($MN)
111 Middle East & Africa Industrial Valves Market Outlook, By Accessory (2020-2028) ($MN)
112 Middle East & Africa Industrial Valves Market Outlook, By Function (2020-2028) ($MN)
113 Middle East & Africa Industrial Valves Market Outlook, By Material (2020-2028) ($MN)
114 Middle East & Africa Industrial Valves Market Outlook, By Size (2020-2028) ($MN)
115 Middle East & Africa Industrial Valves Market Outlook, By End User (2020-2028) ($MN)

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