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Key Influencer in the Commercial Valves Market 2025: Impact Of Increasing Industrialization On The Growth Of The Commercial Valve Market Driver
Key Influencer in the Commercial Valves Market
The expansion of industrialization is expected to drive the growth of the commercial valves market. Industrialization transitions economies from agrarian to industrial, characterized by advanced manufacturing and increased production capabilities. The growing demand for goods and services is propelling industrial expansion. Commercial valves are essential in regulating the flow of fluids in various production processes. According to Eurostat, industrial production in the European Union increased by 0.1% in May 2023 compared to April 2023. As a result, industrialization is fostering the growth of the commercial valves market.
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What is the projected compound annual growth rate (CAGR) of the commercial valves market from 2025 to 2034, and what factors influence it?
The commercial valves market has grown significantly in recent years. It will increase from $2.86 billion in 2024 to $3.04 billion in 2025, at a compound annual growth rate (CAGR) of 6.4%. This growth is due to rising industrialization, increasing construction activities requiring fluid control systems, infrastructure development in emerging economies, growing demand for water treatment solutions, and a focus on energy efficiency driving the adoption of innovative valve technologies.
The commercial valves market is expected to grow steadily, reaching $3.84 billion by 2029 with a CAGR of 6.0%. The growth is attributed to the oil and gas industry expansion, advancements in valve technology, increased demand from the chemical and petrochemical industries, automation and IoT integration in industrial applications, and rising environmental regulations. Key trends include IoT integration, advanced materials for durability, smart and digital valves, emerging market expansion, and a focus on energy-efficient and sustainable solutions.
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How are the latest trends influencing the growth of the commercial valves market?
Companies in the commercial valves market are innovating with high-flow and high-pressure designs to remain competitive. These designs facilitate large fluid volumes with minimal resistance and maintain durability under high-pressure conditions. In April 2024, Emerson Electric Co., a US-based technology company, introduced the ASCO Series 148-149 Safety Valve and Motorized Actuator. This valve features quick opening and closing, enhanced sealing capabilities to prevent leaks under high pressure, and built-in diagnostics for real-time performance monitoring, optimizing operational safety.
What are the major segments of the commercial valves market and their role in driving growth?
The commercial valves market covered in this report is segmented -
1) By Valves: Ball Valves, Check Valves, Butterfly Valves, Balancing Valves, Gate Valves, Globe Valves
2) By Material Type: Alloy Based, Cast Iron, Steel, Other Materials
3) By Distribution Channels: Direct Sales, Indirect Sales
Subsegments:
1) By Ball Valves: Floating Ball Valves, Trunnion Ball Valves, V-Port Ball Valves, Cavity Filled Ball Valves
2) By Check Valves: Swing Check Valves, Lift Check Valves, Tilting Disc Check Valves, Spring-Loaded Check Valves
3) By Butterfly Valves: Wafer Style Butterfly Valves, Lug Style Butterfly Valves, Flanged Style Butterfly Valves, High Performance Butterfly Valves
4) By Balancing Valves: Manual Balancing Valves, Automatic Balancing Valves, Pressure Independent Balancing Valves, Flow Control Balancing Valves
5) By Gate Valves: Rising Stem Gate Valves, Non-Rising Stem Gate Valves, Wedge Gate Valves, Parallel Gate Valves
6) By Globe Valves: Linear Globe Valves, Angle Globe Valves, Pressure-Regulating Globe Valves, High-Pressure Globe Valves
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Which regions are key players in the growth of the commercial valves market?
Asia-Pacific was the largest region in the commercial valve market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial valves market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the commercial valves market?
Major companies operating in the commercial valves market are Schlumberger Company, Parker Hannifin Corporation, Emerson Electric Co., Pentair plc, Flowserve Corporation, The Weir Group PLC, Crane Co., KSB SE & Co. KGaA, Curtiss-Wright Corporation, IMI plc, Watts Water Technologies Inc., Spirax-Sarco Engineering plc, Mueller Water Products Inc., AVK Holding A/S, KITZ Corporation, Samson AG, Rotork plc, NIBCO Inc., Neway Valve Co. Ltd., Velan Inc., Valvitalia S.p.A., Bray International Inc., Cla-Val Company, Habonim Industrial Valves & Actuators
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What Is Covered In The Commercial Valves Global Market Report?
•Market Size Forecast: Examine the commercial valves market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the commercial valves market for a structured understanding.
•Key Players Overview: Analyze major players in the commercial valves market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the commercial valves market.
•Segment Contributions: Evaluate how different segments drive overall growth in the commercial valves market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the commercial valves market.
•Industry Challenges: Identify potential risks and obstacles affecting the commercial valves market.
•Competitive Landscape: Review strategic developments in the commercial valves market, including expansions, agreements, and new product launches.
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