The global industrial valve market is expected to grow at a CAGR of around 7.0% during 2024-2033. This report on global industrial valve market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global industrial valve market by segmenting the market based on product type, functionality, material, size, end use industry and region. Also, detailed profiles of companies operating in the industrial valve market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers
• Rising number of oil and gas (O&G) exploration activities
• Increasing energy demand
• Growing traction of renewable energy sources

Market Challenges
• Lack of standardized norms and governing policies
• Adverse impact of COVID-19 pandemic on key end-user industries

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Product Type
• Gate Valve
• Globe Valve
• Butterfly Valve
• Ball Valve
• Check Valve
• Plug Valve
• Others

Market by Functionality
• On-Off/Isolation Valves
• Control Valves

Market by Material
• Steel
• Cast Iron
• Alloy Based
• Others

Market by Size
• Up To 1”
• 1”-6”
• 7”-25”
• 26”-50”
• 51” and Above

Market by End Use Industry
• Oil and Gas
• Power
• Pharmaceutical
• Water and Wastewater Treatment
• Chemical
• Food and Beverage
• Others

Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa