Industrial Valves Market to Witness Significant Growth Driven by Rising Demand Across Oil & Gas, Water Treatment, and Power Generation Sectors


Posted January 29, 2025 by mordor

[Hyderabad, Jan 29, 2025] – The Industrial Valves Market is expected to experience substantial growth, driven by increasing demand across key industries, including oil & gas, power generation, water treatment, and chemicals.

 
According to the latest market research report by Mordor Intelligence, the industrial valve market is expanding as industries seek reliable, efficient solutions for fluid control, pressure management, and automation. The market size is estimated at USD 74.18 billion in 2025, and is projected to reach USD 92.53 billion by 2030, at a CAGR of 4.52% during the forecast period (2025-2030).

Key Market Insights:

✔ Market Growth Outlook: The global industrial valves market is projected to grow at a strong pace, driven by the rising need for high-performance valves in energy, manufacturing, and construction industries. The market is anticipated to witness significant expansion during the forecast period, underpinned by the increasing adoption of automated valve systems and sustainable infrastructure development.

✔ Oil & Gas Industry Demand: Industrial valves are crucial in the oil & gas sector for controlling and directing the flow of fluids during exploration, production, and refining processes. The growing exploration of offshore reserves and tight oil fields is propelling the demand for high-pressure and temperature-resistant valves.

✔ Water & Wastewater Treatment Applications: As the need for water treatment increases globally, industrial valves are playing a key role in regulating water flow and maintaining system integrity. Valves designed for sewage, desalination, and wastewater management are witnessing heightened demand due to growing urbanization and the need for clean water.

✔ Power Generation & Industrial Applications: The power generation sector is expected to remain a major driver for the industrial valves market as thermal, nuclear, and renewable energy plants require robust valve systems to manage steam, fuel, and cooling systems. Additionally, the expansion of industrial manufacturing is fueling the demand for valves used in process control, fluid transport, and automation.

✔ Smart Valves & Automation: With increasing industrial automation, there is a rising trend toward smart valves equipped with IoT sensors, providing real-time data for predictive maintenance, operational efficiency, and better process control. This trend is further boosting the market's growth, especially in industries that rely on precise flow control and automation systems.

Sustainability & Technological Advancements

The global focus on sustainability and reducing carbon emissions is pushing the demand for energy-efficient valve solutions. Eco-friendly materials and energy-efficient designs are becoming standard in modern valve systems, especially in industries like oil & gas, where reducing operational costs and environmental impact is critical. Additionally, advancements in material science are leading to the development of valves with longer lifespans and greater resistance to corrosion, optimizing performance in extreme environments.

Competitive Landscape & Key Players

The industrial valves market is highly competitive, with Emerson Electric Co., Crane Co., Flowserve Corporation, KSB SE & Co. KGaA, and IMI plc among the major players. These companies are investing in technological innovation, strategic acquisitions, and global expansion to capitalize on growing demand. Partnerships with end-use industries are also driving the market forward, with companies focusing on improving product offerings and service capabilities.

Future Outlook: Expansion in Emerging Markets

The industrial valves market is expected to see strong growth in emerging markets, where industrialization and infrastructure development are on the rise. Increasing investments in energy, water management, and smart cities will open new opportunities for valve manufacturers, particularly in regions such as Asia-Pacific, the Middle East, and Africa.

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Issued By Mordor Intelligence
Country United States
Categories Business
Tags industrial valves market , industrial valves market report , industrial valves market research
Last Updated January 29, 2025