Industrial Valves Market Size to Reach USD 131.6 Billion by 2033

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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.

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 industrial valves market, trends, growth, size, and industry growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How Big Is the global 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 industrial valves market during 2025 is seeing steady growth since the rising demand drives growth from oil and gas, power generation, water treatment, as well as chemical industries. Valves have within them a large role for they manage flow and pressure and safety within pipelines and machinery, so valves are vital all through industrial uses. Active energy infrastructure expansion with water management project investments causes the need for durable efficient valve solutions.

One of the key trends that are shaping the market is automated smart valves. With digitalization's embrace by industries, valves gain traction when integrated with sensors as well as with remote monitoring. These valves do enable operations that are efficient as well as maintenance that is predictive. Manufacturers stress eco-friendly materials in energy-efficient designs they develop because sustainability drives another major factor.

Rapid industrialization along with infrastructure development drives Asia-Pacific as being the dominant market during 2025. Meanwhile, North America including Europe are currently advancing thanks to revolutionary valve technologies plus stricter regulations designed for safety also emissions.

Overall, the industrial valves market near 2025 involves technological progress plus sustainability aims with strong needs from key sectors, so this yields stable chances for makers and vendors globally.

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Industry Segmentation:

Segmentation by Product Type:

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

 Segmentation by Functionality:

  • On-Off/Isolation Valves
  • Control Valves

Segmentation by Material:

  • Steel
  • Cast Iron
  • Alloy Based
  • Others

Segmentation by Size:

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

 

Segmentation by End Use Industry:

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

Regional Insights:

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

Who are the key players operating in the industry?

The report covers the major market players including:

  • Alfa Laval
  • Bray International
  • Crane Company
  • Curtiss-Wright Corporation
  • Emerson Electric Co.
  • Flowserve Corporation
  • IDEX India
  • IMI Process Automation
  • KITZ Corporation
  • KLINGER Group
  • SLB
  • Spirax Sarco Limited
  • Valmet
  • Walworth

Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=2790&flag=E

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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