Press release
Shaping the Metal Valve Market in 2025: Cutting-Edge Products And Innovation Drive Transform The Metal Valve Market
Metal Valve Global Market Report 2025
The expansion of the metal valve market has been robust in the past few years. There will be an increase from $307.79 billion in 2024 to $327.04 billion in 2025, with a compound annual growth rate (CAGR) of 6.3%. The historical period's growth is a result of factors such as industrialization, progress in the oil and gas industry, development of water and wastewater infrastructure, energy production, and manufacturing sector expansion.
The market size of the metal valve industry is projected to experience consistent expansion in the upcoming years. Expected to reach $392.85 billion in 2029, it is set to grow at a compound annual growth rate (CAGR) of 4.7%. This predicted growth for the future can be ascribed to factors such as the shift towards green energy, smart and IoT-enabled valves, solutions to water scarcity, environmental laws, and worldwide upgrades to infrastructure. Key trends to look out for during this forecast period encompass energy-efficient valves, digital twin technology, advancements in valve materials, specialization and customization, as well as remote valve control.
What Are the Primary Growth Drivers for the Metal Valve Market?
The expansion of the chemical sector is predicted to fuel the advancement of the metal valves industry in the future. Metal valves, including butt*erfly valves, ball valves, gate valves, check valves, globe valves, plug valves, and actuated valves, play a crucial part in chemical processing, thereby boosting the metal valves market's growth. A report from the American Chemistry Council (ACC), an industry trade group for American chemical corporations, conveys that the US's chemical production is robust and all chemical businesses are on the rise. The ACC forecasts that production will increase by 2.4% in 2023, with capital project spending anticipated to rise by 5.5% in the same year. Hence, the advancement of the chemical sector is projected to steer the growth of the metal valves market in the forthcoming period.
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Who Are the Dominant Companies Influencing Metal Valve Market Trends?
Major companies operating in the metal valve market include Parker-Hannifin Corporation, Emerson Electric Co, IMI plc, Atlas Copco AB, The Flowserve Corporation, The Crane Company, KITZ Corporation, Metso Oyj, Spectrum Brands Holdings Inc, Globe Union Industrial Corp., Parker Hannifin Corporation, The Weir Group PLC, Cameron International, Rotork plc, Velan Inc., Curtiss-Wright Corporation, Neway Valve (Suzhou) Co. Ltd., Spirax-Sarco Engineering plc, Forum Energy Technologies, CIRCOR International Inc., Apollo Valves (Conbraco Industries), Bonney Forge Corporation, Watts Water Technologies Inc., Dwyer Instruments Inc., Bray International Inc., Leslie Controls Inc., SAMSON Controls Inc., Swagelok Company, Marwin Valve, Sun Hydraulics Corporation, MOGAS Industries Inc., Ayvaz, VAG Group, Nihon KOSO Co. Ltd.
How Is the Metal Valve Market Evolving?
The recent trend within the metal valve market revolves around product innovations. Big players in this sector are unveiling new products equipped with advanced technology and features to uphold a competitive edge. For instance, in 2022, Warren Controls, a company based in the USA that manufactures valves for various sectors like commercial and industrial among others, came up with the industrial control valves Series 2900. These valves are used in distinct industries, including food and beverages as well as for other manufacturing needs. The unique and innovative features of these products involve a sturdy cast iron body, and they offer a choice of trim materials, encompassing bronze, 300 stainless steel, 17-4PH stainless steel, and Alloy 6 along with other materials.
What Are the Different Segmentations in the Metal Valve Market?
The metal valve market covered in this report is segmented -
1) By Type: Industrial Valve, Fluid Power Valve and Hose Fitting, Plumbing Fixture Fitting and Trim, Other Metal Valve and Pipe Fitting
2) By Product: Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butt*erfly Valves, Diaphragm Valves, Other Products
3) By End User Industry: Chemicals, Marine, Construction, Mining, Oil and Gas, Other End User Industries
Subsegments:
1) By Industrial Valve: Ball Valves, Gate Valves, Globe Valves, Butt*erfly Valves, Check Valves, Pressure Relief Valves
2) By Fluid Power Valve And Hose Fitting: Pneumatic Valves, Hydraulic Valves, Hose Fittings
3) By Plumbing Fixture Fitting And Trim: Faucets, Showerheads, Bathtub Spouts, Plumbing Trim Accessories
4) By Other Metal Valve And Pipe Fitting: Flanged Fittings, Butt* Weld Fittings, Threaded Fittings, Socket Weld Fittings
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Which Region Is at the Forefront of the Metal Valve Market?
Asia-Pacific was the largest region in the metal valve market in 2023. Western Europe was the second-largest region in the metal valve market. The regions covered in the metal valve market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Is Covered In The Metal Valve Global Market Report?
- Market Size Analysis: Analyze the Metal Valve Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Metal Valve Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Metal Valve Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Metal Valve Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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