Built to provide research that’s more actionable and strategically valuable, The Business Research Company’s 2026 market reports include market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, broader supply chain intelligence, emerging startup tracking, and in-depth product insights.
Industrial Valves Market Forecast: Value Set To Climb From $105.75 Billion To $123.38 Billion
The industrial valves market has experienced consistent expansion in recent years. This market is projected to expand from $102.56 billion in 2025 to $105.75 billion in 2026, achieving a compound annual growth rate (CAGR) of 3.1%. The growth witnessed in historical periods can be ascribed to the development within the oil and gas sector, the enlargement of chemical and petrochemical industries, rising demand in water and wastewater treatment, the process of industrialization in emerging economies, and the adoption of conventional mechanical valves.
The industrial valves market is projected to experience consistent expansion over the upcoming years. This market is anticipated to reach $123.38 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 3.9%. Factors contributing to this growth during the forecast period include the surge in automation and smart manufacturing, the expanding application of IoT and digital monitoring, a rising need for energy-efficient and corrosion-resistant valves, expansion within the semiconductor and power industries, and the development of customized and advanced valve designs tailored for specific industrial requirements. Key trends for this period encompass the adoption of intelligent and automated valves, the incorporation of IoT-enabled monitoring systems, the utilization of sophisticated materials for enhanced corrosion resistance, a drive for energy-efficient valve products, and an increase in tailored valve solutions for distinct industrial uses.
Get A Free Sample Report With In-Depth Market Insights:
Industrial Valves Market Growth Factors Behind Sustained Expansion
An increasing number of oil and gas exploration activities is projected to stimulate the expansion of the industrial valve market in the coming period. Oil and gas exploration involves the methods and processes utilized to locate prospective sites for drilling and extracting oil and gas. Industrial valves are essential for managing the flow of oil and gas, controlling fluid direction, and regulating pressure. For example, in August 2023, the Energy Information Administration (EIA), a US-based statistical agency, indicated that oil production in 2023 surpassed 12.8 million barrels per day. This output is forecast to increase to approximately 13.2 million barrels per day in 2024 and further to 13.4 million barrels per day in 2025. This rise is attributed to improved well productivity, notwithstanding a decrease in the number of active rigs. Hence, the expanding scope of oil and gas explorations is a key factor driving the growth of the industrial valve market.
Industrial Valves Market Segment Outlook: Which Categories Are Growing Fastest?
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
Industrial Valves Market Industry Trends Fueling Future Revenue Growth
Major companies active within the industrial valve market are developing novel products, such as high-performance control valves, aimed at boosting operational efficiency, reducing equipment footprint, and lowering life-cycle costs across essential industrial sectors. A control valve is fundamentally a mechanical device utilized in diverse industrial processes to regulate the flow of fluid (such as gas, steam, or liquid), pressure, temperature, or other process variables through adjustment of its flow passage. Illustratively, in October 2025, Azbil Corporation, a Japan-based automation technology company, introduced the 6000 Series of control valves. These were specifically engineered to conform to the IEC 60534 international standard and substantially improve control performance while simultaneously enhancing productivity throughout a plant’s lifecycle. The 6000 Series features an optimized internal design, achieved using high-precision CFD analysis, which leads to improved CV performance indices when compared with previous models, along with reduced installation space requirements, lower spare parts inventories, and enhanced maintainability—thereby assisting customers in petroleum refining, petrochemical, chemical, and related industries to attain better fluid control and operational outcomes.
Industrial Valves Market Leading Players And Competitive Positioning
Major companies operating in the industrial valves market report are 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
View The Full Industrial Valves Market Report:
Industrial Valves Market Regional Distribution: Which Areas Power Market Growth?
Asia-Pacific was the largest region in the industrial valves market in 2025. The regions covered in the industrial valves market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.