Industrial Valves Market Forecasts to 2028 | Drivers and Opportunities | Key player Analysis Alfa Laval, AVK Holding AS, Broer Group

According to Stratistics MRC, the Global Industrial Valves Market is accounted for $48.10 billion in 2020 and is expected to reach $140.12 billion by 2028 growing at a CAGR of 14.3% during the forecast period. Increasing focus on the global development of smart cities, rising need for connected networks to monitor and maintain industrial equipment and rising demand for valves from healthcare and pharmaceuticals industries due to outbreak of Covid-19 pandemic are driving the market growth. However, lack of standardized norms and governing policies is hampering the growth of the market.

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By geography, Asia Pacific is going to have high growth during the forecast period due to the speedy population growth and urbanization in developing economies such as India, Japan and China which have led to the growth of the water & wastewater treatment, energy & power, pharmaceuticals, building & construction, chemicals, and oil & gas industries.

Some of the key players profiled in the Industrial Valves Market include 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, General Electric (Baker Hughes), Hitachi Metals Ltd, Honeywell International Inc., IMI PLC and ITT Inc.

Products Covered:
• Multi-Turn Valve
• Quarter-Turn Valve

Functions Covered:
• Control/Regulation
• Non Return
• On-Off/Isolation
• Safety Relief
• Special Purpose  

Sizes Covered:
• Up To 1”
• 1-6”
• 6-25”
• 25-50”
• 50” and Larger  

Accessories Covered:
• Dust Protection Covers
• Hydraulic Filter
• Mounting Screws & Bolts
• Power Cable
• Seal Kits

Materials Covered:
• Alloy Based
• Cast Iron
• Cryogenic
• Ductile & Gray Iron
• Carbon Steel
• Cast Steel
• Stainless Steel
• Other Materials

Types Covered:
• Ball Valves
• Butterfly Valves
• Check Valves
• Diaphragm Valves
• Gate Valves
• Globe Valves
• Plug Valves
• Other Valve Types

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
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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