Market Overview
The global industrial valve market reached US$ XX million in 2022 and is expected to record significant growth by reaching up to US$ XX million by 2030, growing at a CAGR of 5.5% during the forecast period (2023-2030).
A valve regulates, directs and/or controls fluid flow by opening, closing or partially obstructing several passages of gases, liquids, fluidized solids or slurries. Industrial valves are used to endure high fluid or gas pressure and to operate for years under difficult circumstances.
Further, industrial valves control the flow and pressure inside a system or process that transports liquids, gases, vapors and slurries, among others. The respective products are essential components as these industrial valves are designed to control operations from outside. Most utilities, including water, oil and gas, couldn’t function without heavy-duty, industrial-strength valves.

Market Dynamics
Rapid industrialization and growing demand from major industrial sectors are the major market drivers for the global industrial valve market. However, the tendency of industrial valves to fail and the hardship associated with their detection are major market restraints.
Rapid industrialization and growing demand from major industrial sectors
The term "industrial production" refers to the output of businesses engaged in manufacturing, electricity, gas, steam and other energy-related activities. This indicator expresses the change in the production output volume in an index based on a reference period. According to OECD statistics, global industrial production increased by 7.2% in 2021, reaching its pre-pandemic level. Global manufacturing value added as a percentage of total GDP climbed from 16.2% in 2015 to 16.9% in 2021. In the same vein, the value of sales production in the European Union in 2021 totaled ?5 209 billion, an increase of about 14% from ?4 581 billion in 2020.
Irrespective of the industrial sector, industrial valves are employed throughout the globe as they are vital for the function of any industry. The respective products govern, direct or control a fluid’s flow by opening, shutting or partly blocking different passages of gases, liquids, fluidized solids or slurries. Similarly, industrial valves are used to endure high fluid or gas pressure and continue to operate under difficult circumstances for years. As industrial valves are vital for any industrial sector to function, the rapid industrialization across the globe and growth in the number of industries and manufacturing plants being established, denoted by the aforementioned growth statistics, directly boosts the demand and sales of industrial valves. Thus, it could be concluded concurrently that the rapid global industrialization and associated demand growth for industrial valves from major industrial verticals is a major market driver for the global industrial valve market.
The tendency of industrial valves to fail and the hardship associated with their detection
Understanding the reasons for industrial valve failures may be a very difficult process. A high frequency of four frequent failures of industrial valves is seen in suboptimal control loops. Dead band, stiction, positioner overshoot, incorrect valve size and nonlinear flow characteristic are some of the most commonly encountered industrial valve failures. It is crucial to fix industrial valve issues because otherwise, the control loop performance may suffer. Consequently, tweaking the industrial valve becomes a challenging operation.
While some industrial valve faults are fairly visible to skilled control valve technicians and loop performance evaluation tools can easily find them, others are hard to detect without doing particular testing. The failure analysis during turnaround onsite services for control valves is one of the major problems and results in hefty spending. Therefore, it is crucial to always be on the lookout for or test for valve issues. Therefore, the tendency of the industrial valve to malfunction and the complications in failure detection could be recognized as one of the major market restraining factors.

COVID-19 Impact Analysis
Similar to any other market, the early waves of the COVID-19 pandemic had a detrimental effect on the global industrial valve market. The primary causes of the market’s ongoing decrease during the epidemic are as follows:

  • Production of industrial valves needs large-scale technology and trained labor. Therefore, the restrictions, lockdown and disruption in manufacturing affected the production and sales of industrial valves.
  • The global lockdown enforced by the COVID-19 pandemic hindered the supply of raw materials required to build industrial valves and deliver finished goods, greatly slowing output throughout the pandemic. As a result, the market for industrial valves saw significant changes in supply and demand dynamics.
  • Additionally, industrial valves are widely utilized in various industries, including oil & gas, food & beverage, medicines & healthcare, personal care, cosmetics and industrial products. Industrial valve demand decreased due to lockouts and a shortage of raw materials in these industries, which decreased total activity in these application areas.


Nonetheless, the post-COVID-19 era witnessed a massive surge in industrialization and growth in manufacturing across the globe. Similarly, during the same period, the raw material and production crunch in the industrial valve market and its end-user verticals were resolved. Therefore, the global industrial valve market witnessed a major comeback in 2021. Further, the respective market is expected to skyrocket in posterity as various industrial verticals that employ industrial valves surpass their previous production limits.

Segment Analysis
The global industrial valve market is classified based on valve, material, size, application and region.
Ease of application, lengthy service life and adoption of modern manufacturing techniques boost the market share for the ball valve segment
A ball valve is a category of shut-off valve that regulates the flow of a liquid or gas employing a rotating ball with a bore. The medium is either allowed to flow through or is prevented by turning the ball a quarter turn around its axis. Ball valves are distinguished by a long service life and offer consistent sealing throughout the lifespan, even when the valve is not used for an extended period. Therefore, they are more widely used as shut-off valves than other industrial ones. The ball valve sector dominates the valve segment of the globe due to the increasing demand for ball valves across various industry verticals, the use of 3D printing technologies for ball valve fabrication and the digital transformation of industrial facilities.

Geographical Analysis
Increased demand from top food processor manufacturing facilities, an increase in foreign direct investment and the availability of labor at low costs
In the international market for industrial valves, Asia-Pacific dominates the regional market. The aforementioned fact is mostly attributable to the presence of a few top tech companies, fast industrialization and growing regional government investments in constructing the infrastructure for electricity production and oil & gas.
Leading companies with headquarters in China are also constantly releasing top-notch goods at reasonable rates. Additionally, they seek to enter profitable markets using various tactical techniques. In addition, there is an increase in fuel demand in China, India and other nearby nations due to population growth and increased car sales. China now produces 4.9 million barrels per day of oil and other liquids, according to U.S. Energy Information Administration (EIA). The government and other oil and gas corporations are looking for additional reserves to meet this increase in fuel consumption. The market for industrial valves in the nation will rise as a result. The government and other businesses are also building several new power generation facilities, driving the need for industrial pumps and other improved regulating devices. These improvements are anticipated to increase demand for various industrial valves, thus boosting the regional share of the respective market.

Competitive Landscape
The global industrial valve market is extremely competitive due to the presence of major players such as Avcon Controls Pvt Ltd, Cameron – Schlumberger, AVK Holding A/S, Crane Co., Emerson, Forbes Marshall, Bosch Rexroth, Flowserve Corporation, Kitz Corporation and Metso Corporation. The market is fragmented and market players employ market tactics such as mergers, acquisitions, product launches, contributions and collaborations to gain a competitive advantage and recognition.
Bosch Rexroth
Overview: Bosch Rexroth AG is an engineering firm that develops tools and frameworks for regulating the movement of mobility and industrial machines. It is a wholly-owned subsidiary of Robert Bosch GmbH and was established as a result of the merger combining the automation technology business unit of Robert Bosch GmbH and Mannesmann Rexroth AG. The company is headquartered in Lohr am Main, Germany and employs more than 31,000 people globally.
Product Portfolio:

  • Hydraulic Valves: Hydraulic valves from Bosch Rexroth are used to control the inflow’s beginning, ending, mode and quantity for one motion direction or rotation of hydraulic drives. The valves are operated using several operating strategies.


Key Development:

  • Bosch Rexroth purchased HydraForce, Inc. on July 19, 2022, to help support its expanding line of Compact Hydraulics solutions. With this acquisition, the business hopes to reach a wider audience and provide better customer service.


Why Purchase the Report?

  • To visualize the global industrial valve market segmentation based on valve, material, size, application and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities in the global industrial valve market by analyzing trends and co-development.
  • Excel data sheet with numerous data points of industrial valve market-level with four segments.
  • PDF report consisting of cogently put together market analysis after exhaustive qualitative interviews and in-depth market study.
  • Product mapping available as excel consisting of key products of all the major market players.


The global industrial valve market report would provide approximately 68 tables, 80 figures and almost 205 pages.
Target Audience 2023

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies