Press release
Industrial Valves Market Worth $107,356.7 Million in 2027 | by Material Type, Valve, Application
Industrial Valves Market
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Industrial valves are used in process industries for direction, regulation, and control of gases, slurries, liquids, vapors, and others. Industrial valves are mainly manufactured using carbon steel, cast iron, stainless steel, and other high functioning metal alloys to obtain efficient flow control in industries such as water &waste water, oil & power, food & beverages, chemicals, and others.
Moreover, a valve mainly consists of a main body, a stem, and a seat that are generally manufactured using different materials including polymers, rubber, metals, and others to avoid wastage of liquid flowing through the valve. Valves are mainly differentiated by their operating mechanisms. The most widely used valves in industries are globe valves, butterfly valves, ball valves, gate vales, plug valves, pinch valves, diaphragm valves, and check valves.
Automation in control valves has made major advancements, owing to growing emphasis on precise positioning and automation of industrial valves. Control valves include the use of a valve positioner, which converts electrical signals to pneumatics signals to control the actuator of the valve. Thus, the automation in the valve positioner offers more efficiency, reduced energy consumption, and more reliability, which in turn drives the growth of the industrial valves market globally.
Furthermore, the oil & gas industry is the largest consumer of industrial valves globally, and includes the use of industrial valves in downstream, midstream, and upstream process applications. Rise in demand for industrial valves in North America boosts the need for importing industrial valves from other countries; thereby, driving the growth of the market.
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Moreover, the food & beverages processing industry is largely saturated in the developed countries, including the European Union countries, the U.S., and China. However, the rise in demand for food from developing nations such as Brazil, India, and others boosts the agriculture industry, which in turn fuels the growth of the food & beverage processing industry. This is further expected to drive the demand for industrial valves; thereby, fostering the growth of the industrial valves industry.
Global Industrial Valves Market Segments
By Material Type
Cast Iron
Steel
Alloy-Based
Others
By Valve Type
Ball Valves
Butterfly Valves
Gate Valves
Globe Valves
Plug Valves
Check Valves
Diaphragm Valves
By Application
Oil & Power
Water & Wastewater
Chemical
Food & Beverage
Others
By Region
North America
Europe
Asia-Pacific
LAMEA
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Key Players
AVK Holding A/S
Avcon Controls Private Limited
Schlumberger Limited
Crane Co.
Emerson Electric Co.
Flowserve Corporation
Forbes Marshall
IMI plc
Metso Corporation
The Weir Group plc
Contact:
David Correa
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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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