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Industrial Valves Growth, Size, Share, Trends, Key Players Analysis

02-21-2025 02:07 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: The Insight Parntners

Industrial Valves Growth, Size, Share, Trends, Key Players

The industrial valves market size is projected to reach US$ 89,331.32 million by 2031 from US$ 64,335.89 million in 2023, with a CAGR of 4.2% by 2031. Increasing investment toward power generation and oil and gas infrastructure across the globe is expected to boost the demand for ball valves, which, in turn, is expected to fuel the market growth during the forecast period.

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In addition, constant development initiatives undertaken by global ball valve manufacturers are contributing to the market growth. For instance, in November 2021, Rusco announced the launch of a smart, automated ball valve for home filtration, well water, and commercial and municipal applications, which can be paired with smartphones for program automation and control sediment flushing and flow shutoff.

key company profiles

Velan Inc
Crane Co
CIRCOR International Inc
Flowserve Corp
Emerson Electric Co
KITZ Corporation
Neway Valve (Suzhou) Co Ltd
Spirax Sarco Engineering Plc
Schlumberger Ltd
and Weir Group PLC

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Ankit Mathur
Sr. Vice President - Research
sales@theinsightpartners.com

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials

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