Press release
Surging Oil And Gas Explorations Drives The Industrial Valve Market Driver: Leading Transformation in the Industrial Valves Market in 2025
Industrial Valves Market
The increase in oil and gas discoveries is anticipated to spur the expansion of the industrial valve market in the future. The term 'oil and gas exploration' denotes the processes and methods utilized to pinpoint suitable sites for oil and gas drilling and extraction. Industrial valves control the oil and gas flow, regulating fluid direction and managing pressure. To illustrate, the Energy Information Administration (EIA), a US statistical agency, projected oil production in 2023 to be more than 12.8 million barrels per day, with expectations to increase to approximately 13.2 million barrels per day in 2024, and further rise to 13.4 million barrels per day by 2025. This increase is due to enhancements in well productivity, despite the decreasing number of active rigs. Consequently, the escalating number of oil and gas explorations is fueling the industrial valve market's growth.
Get Your Industrial Valves Market Report Here:
https://www.thebusinessresearchcompany.com/report/industrial-valves-global-market-report
What growth opportunities are expected to drive the industrial valves market's CAGR through 2034?
There has been a robust growth in the industrial valves market in past years. The market is set to expand from a worth of $110.13 billion in 2024 to $116.15 billion in 2025, registering a compound annual growth rate (CAGR) of 5.5%. The spurt in growth during the historical period can be linked to several factors including infrastructure advancement, energy exploration and production, manufacturing globalization, rigorous regulatory norms, and processes of replacement and upgrading.
In the coming years, steady expansion is anticipated in the industrial valves market. This market is projected to attain a value of $136.63 billion in 2029, with a compound annual growth rate (CAGR) of 4.1%. This projected expansion during the forecast period can be ascribed to a focus on environmental sustainability, initiatives targeting water management, renewable energy projects, robustness in supply chains, customization and specialization, as well as a global economic revival. Major trends to watch in the forecast period encompass smart valve technologies, the emergence of the industrial internet of things, a focus on energy efficiency, amplified automation in manufacturing, broadening of oil and gas exploration, and innovative materials and manufacturing methodologies.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9574&type=smp
What are the emerging trends shaping the future of the industrial valves market?
One noticeable trend that's shaping the industrial valve markets is product innovation. Key players in this market are emphasizing the creation of advanced solutions to solidify their standing. As an illustration, Emerson Electric Co., a manufacturer based in the US, launched two new technological products, namely Crosby J-Series pressure relief valves, in December 2022. The first product is a balance diaphragm valve. It mitigates the reliance on bellows in pressure-reducing valves, guaranteeing a balanced operation against back pressure. This product substantially reduces the costs of ownership and enhances performance. The second product offers bellows leak detection. This provides remote detection of bellows breakages in pressure-reduction valves and gives a precise calculation of volumetric emissions while also reducing them.
Which growth-oriented segments of the industrial valves market are leading the industry's development?
The industrial valves market covered in this report is segmented -
1) By Valves: Ball Valves, Check Valves, Butterfly Valves, Plug Valves, Globe Valves, Gate Valves, Diaphragm Valves, Safety Valves
2) By Function: Isolation, Regulation, Safety Relief Valve, Special Purpose, Non-Return
3) By Material: Ductile Iron, Carbon Steel, Plastic, Brass, Bronze, Copper, Aluminum, Others Materials
4) By Accessories: Hydraulic Filter, Power Cable, Mounting Screw And Bolts, Seal Kits, Dust Protection Cover, Others Accessories
5) By End-User: Chemicals, Energy And Power, Oil And Gas, Water And Wastewater Treatment, Building And Constructions, Paper And Pulp, Metal And Mining, Agriculture, Semiconductor, Other End Users
Subsegments:
1) By Ball Valves: Floating Ball Valves, Trunnion Ball Valves
2) By Check Valves: Swing Check Valves, Lift Check Valves, Dual Plate Check Valves
3) By Butterfly Valves: Resilient Seated Butterfly Valves, Triple Offset Butterfly Valves
4) By Plug Valves: Lubricated Plug Valves, Non-Lubricated Plug Valves
5) By Globe Valves: Rising Stem Globe Valves, Non-Rising Stem Globe Valves
6) By Gate Valves: Wedge Gate Valves, Parallel Gate Valves
7) By Diaphragm Valves: Inline Diaphragm Valves, Angle Diaphragm Valves
8) By Safety Valves: Spring-Loaded Safety Valves, Pilot-Operated Safety Valves
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9574
What regions are leading the charge in the industrial valves market?
Asia-Pacific was the largest region in the industrial valves market in 2024. The regions covered in the industrial valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the industrial valves market?
Major companies operating in the industrial valves market include Emerson Electric Co., The Flowserve Corporation, Schlumberger Limited, Crane Holdings Co., KITZ Corporation, AVK Holdings A/S, Forbes Marshall Pvt Ltd., KSB SE & Co. KGaA, Spirax-Sarco Engineering PLC, Metso Outotec Corporation, KLINGER Holding, Alfa Laval AB, Curtiss-Wright Corporation, Honeywell International Inc., Velan Inc., Neway Valve, Samson AG, Neles Oyj, AVCON Controls Pvt. Ltd., Sirca International S.p.A., Fluidline Valves Co. Pvt. Ltd., Davis Valve, Powell Valves, Virgo Engineers Inc., WALWORTH, IMI PLC, Valvitalia SpA, Zhejiang Dunan Valve Co. Ltd., Pentair Valves and Controls, OKANO Valve Mfg. Co. Ltd., Tyco Valves and Controls, Swagelok Company
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9574&type=smp
What Is Covered In The Industrial Valves Global Market Report?
• Market Size Forecast: Examine the industrial valves market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the industrial valves market for a structured understanding.
• Key Players Overview: Analyze major players in the industrial valves market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the industrial valves market.
• Segment Contributions: Evaluate how different segments drive overall growth in the industrial valves market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the industrial valves market.
• Industry Challenges: Identify potential risks and obstacles affecting the industrial valves market.
• Competitive Landscape: Review strategic developments in the industrial valves market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surging Oil And Gas Explorations Drives The Industrial Valve Market Driver: Leading Transformation in the Industrial Valves Market in 2025 here
News-ID: 3890976 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Valve
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
The availability of abundant natural resources, such as petroleum and shale gas, in Australia is expected to provide profitable opportunities for the Australia pressure safety valve market. Moreover, the government‐™s initiative to encourage offshore exploration of minerals deposits could further boost the business opportunities for market players in Australia. The presence of a wide oil & gas distribution network continues to provide a steady stream of revenue to market players;…
Control Valve Market by Region - North America, Latin America, Europe, Japan, AP …
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s…
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
Australian pressure safety valve market size is expected to reach $65.38 million by 2025 from $52.12 million in 2017, growing at a CAGR of 2.88% during the forecast period (2018–2025). Pressure safety valves (pressure relief valves) are specially designed valves that regulate the surge in pressure within the pressure systems, which otherwise could hinder industrial processes. The valves have outlets that guide the additional flow of fluids or gases, which…
Control Valve Market Analysis Report by Region - North America, Latin America, E …
Fact.MRs’ latest forecast study assesses that the global control valve market will expand steadily during the forecast period, 2017-2026. Increasing industrialization and growing use of pneumatics in mechanical processes will drive the adoption of control valves to a considerable extent. The global control valve market will register expansion at a 5.4% CAGR in terms of volume over, the forecast period. By the end of 2026, control valves worth over US$ 15.5 Bn…
Bleed Valve Market 2017-Eaton, Weir Group, KSB, Mahle, Mogas, Alfa Laval, Nihon …
Apex Research, recently published a detailed market research study focused on the "Bleed Valve Market" across the global, regional and country level. The report provides 360° analysis of "Bleed Valve Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Bleed Valve industry, and estimates the future trend of Bleed Valve market…
Global Plug Valves Market: Yuandong Valve, Yuanda Valve, Weir, Walworth, Zhengqu …
Global Market Study Evaluate on Plug Valves Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Plug Valves market report is:
This report offers a comprehensive evaluation of the Plug Valves market. It does so by in-depth qualitative insights, historical Plug Valves market data, and verifiable projections about global Plug Valves market size. The projections featured in the Plug Valves market report have been…
