According to Stratistics MRC, the Global Industrial Valves Market is accounted for $76.21 billion in 2022 and is expected to reach $110.57 billion by 2028 growing at a CAGR of 6.4% during the forecast period.
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Asia Pacific is projected to have the highest CAGR over the forecast period owing to the growing oil and gas industrial activities and the increasing need for water treatment in countries. In addition, increasing industrialization coupled with growing investment in various end-user verticals in which these valves are used drives the market demand in this region.
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, Hitachi Metals Ltd, Honeywell International Inc., IMI PLC, ITT Inc., and KITZ Corporation.
Functions Covered:
• Special Purpose
• On-Off/Isolation
• Non Return
• Control/Regulation
• Safety Relief
Products Covered:
• Quarter-Turn Valve
• Multi-Turn Valve
Types Covered:
• Automatic
• Manual
Accessories Covered:
• Seal Kits
• Power Cable
• Mounting Screws & Bolts
• Hydraulic Filter
• Dust Protection Covers
Materials Covered:
• Ductile & Gray Iron
• Cryogenic
• Alloy Based
• Cast Iron
• Steel
• Plastic
• Other Materials
Sizes Covered:
• Up To 1”
• 1-6”
• 6-25”
• 25-50”
• 50” and Larger
Valve Types Covered:
• Butterfly Valves
• Diaphragm Valves
• Check Valves
• Ball Valves
• Globe Valves
• Gate Valves
• Plug Valves
• Other Valve Types
Components Covered:
• Valve Body
• Actuators
End Users Covered:
• Water & Wastewater Treatment
• Refinery
• Pharmaceuticals & Healthcare
• Metals & Mining
• Automotive
• Oil & Gas
• Power Plants
• Marine
• Food & Beverages
• Energy & Power
• Chemicals
• Building & Construction
• Agriculture
• Pulp & Paper
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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