Industrial Valves Market is Booming and Expected to Hit USD 131.6 Billion by 2033 | IMARC Group

IMARC Group, a leading market research company, has recently released a report titled “Industrial Valves Market Size, Share, Trends, and Forecast by Product Type, Functionality, Material, Size, End Use Industry, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the global industrial valves market share, trends, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How Big Is the Industrial Valves Market?

The global industrial valves market size was valued at USD 78.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 131.6 Billion by 2033, exhibiting a CAGR of 6% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 42% in 2024. The market is driven by the expanding sectors like oil and gas, water treatment, and power generation. Increasing automation, heightened demand for energy-efficient systems, rapid innovations in smart valves with the Internet of Things (IoT) integration and a surge in infrastructure projects are also major factors boosting the industrial valve market share.

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Industrial Valves Market Trends

The industrial valves market is experiencing significant transformation, driven by growing demand from critical sectors such as oil and gas, water and wastewater treatment, chemical processing, and power generation. As global infrastructure projects expand and the need for efficient fluid control systems intensifies, the market is set for robust growth through 2025. Industries are increasingly seeking advanced valve solutions to enhance safety, optimize system performance, and improve operational efficiency.

One of the most impactful trends shaping this market is the rapid adoption of smart valve technologies. With the rise of automation and the Industrial Internet of Things (IIoT), smart valves are enabling real-time monitoring, predictive maintenance, and data-driven process optimization. By 2025, these intelligent systems will become increasingly prevalent, helping companies reduce downtime, increase accuracy, and achieve cost savings through proactive asset management.

Sustainability is another major driver influencing product development and procurement decisions. In response to tightening environmental regulations and growing emphasis on energy efficiency, manufacturers are focusing on eco-conscious valve designs—emphasizing durability, minimal emissions, and low leakage. By 2025, sustainable valve technologies will be essential to helping industries meet carbon-reduction targets and align with global environmental goals.

As the industrial landscape evolves, valve manufacturers that embrace digitalization, sustainability, and sector-specific innovation will be best positioned to capitalize on new opportunities and lead the market forward.

Market Dynamics of the Industrial Valves Market

• Expanding Demand from Core Industries

Strong demand from foundational industries—such as oil & gas, power generation, chemical processing, and water treatment—is propelling market growth. These sectors require highly reliable and precise valve systems to manage complex and high-pressure fluid applications. By 2025, the oil and gas industry is expected to remain a dominant consumer of industrial valves, with an emphasis on products capable of performing under extreme operational conditions.

In parallel, the water and wastewater treatment segment is gaining momentum as public and private investments in sustainable water infrastructure increase. This is creating a surge in demand for corrosion-resistant, high-performance valves that can withstand harsh environmental factors. To address these diverse application needs, manufacturers are developing advanced, sector-specific solutions using innovative materials and precision engineering.

• Emergence of Smart Valve Technologies

Digital transformation is redefining the capabilities of industrial valves through the integration of smart technologies and automation. The implementation of IoT-enabled devices and Industry 4.0 frameworks is enabling remote monitoring, real-time diagnostics, and intelligent control of fluid systems. By 2025, smart valve systems are expected to become standard across industries aiming to enhance process automation and operational responsiveness.

Equipped with embedded sensors and connectivity features, smart valves provide actionable insights into system performance, allowing predictive maintenance and early fault detection. These capabilities not only reduce unplanned downtime but also extend the service life of the equipment. In addition, advancements in materials are leading to valves that are more resistant to corrosion, high pressures, and extreme temperatures, further increasing reliability and reducing lifecycle costs.

• Sustainability and Regulatory Pressures

As global regulatory bodies impose stricter controls on emissions, energy consumption, and material sustainability, the industrial valves industry is undergoing a strategic shift toward environmentally responsible solutions. Industries are actively seeking energy-efficient, low-emission valve products that align with both compliance mandates and internal ESG targets.

By 2025, manufacturers are expected to ramp up investment in R&D to develop valves that minimize energy loss, reduce leakage, and utilize recyclable or low-impact materials. This shift is fostering greater collaboration between valve producers and end-users, with a focus on co-developing customized solutions that support both operational performance and sustainability goals.

Companies that prioritize innovation in eco-friendly technologies and demonstrate a commitment to sustainable manufacturing practices will be better positioned to navigate regulatory changes and gain a competitive edge in the market.

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Industrial Valves Market Report Segmentation:

Breakup By Product Type:

• Gate Valve
• Globe Valve
• Butterfly Valve
• Ball Valve
• Check Valve
• Plug Valve
• Others

Ball valves are preferred for their excellent sealing capabilities, low-pressure drop, and ability to handle high flow rates, making them ideal for various applications.

Breakup By Functionality:

• On-Off/Isolation Valves
• Control Valves

On-off isolation valves are essential for controlling fluid flow in pipelines, providing reliability and ease of maintenance, which drives their widespread adoption.

Breakup By Material:

• Steel
• Cast Iron
• Alloy Based
• Others

Steel valves offer superior strength, durability, and corrosion resistance, making them suitable for demanding industrial applications and contributing to their dominant market position.

Breakup By Size:

• Upto 1”
• 1”-6”
• 7”-25”
• 26”-50”
• 51” and Above

Valves in the 1"-6" size range are widely used in various industries for effective flow control, catering to the most common piping systems and applications.

Breakup By End User:

• Oil and Gas
• Power
• Pharmaceutical
• Water and Wastewater Treatment
• Chemical
• Food and Beverage
• Others

The oil and gas industry requires robust valve solutions for exploration, production, and transportation, driving significant demand for high-performance industrial valves.

Breakup By Region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Rapid industrialization, infrastructure development, and growing manufacturing sectors in Asia Pacific have fueled the demand for industrial valves, making it the largest regional market.

Top Industrial Valves Market Leaders:

The industrial valves market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

• AVK Holding A/S
• Cameron International Corporation (Schlumberger)
• The Crane Company
• Emerson Electric Co.
• Flowserve Corporation
• Forbes Marshall
• IMI Plc
• Kitz Corporation
• Neway Valves (Suzhou) Co. Ltd.
• Samson AG
• Velan Inc.

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Key Highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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