Industrial Valves Market Share

  • Report ID: 5209
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Industrial Valves Market Share

APAC Market Forecast

The Asia Pacific market to hold a share of 40% by 2037. In Asia Pacific nations, there is a rising need for better water & wastewater treatment methods as well as proper water management, which is driving up demand for industrial valves. Chinese pharmaceutical producers are increasingly implementing IoT-integrated industrial valves to automate and optimize a variety of processes, including delivering precise fluid doses for medication production.

North American Market Statistics

The market in North America is expected to hold a share of 28.4% during the forecast period. Increasing energy demand has led to an increase in oil and gas exploration activity in the USA. Approximately 18.12 million barrels of oil were consumed daily in the USA in 2020, according to the Energy Information Administration (EIA) of the United States. The expansion of the industrial valves market is being positively impacted by the spread of contemporary technologies across the region.

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Author Credits:  Richa Gupta


  • Report ID: 5209
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of industrial valves is assessed at USD 82.12 billion.

The industrial valves market size was valued at USD 79.21 billion in 2024 and is set to reach USD 141.49 billion by the end of 2037, registering around 4.7% CAGR during the forecast period i.e., between 2025-2037. Growing demand for establishing new power plants, increasing demand for ai-integrated valves, and rising demand for fuel will drive the market growth.

North America is expected to hold a share of 28.4% by 2037, due to increasing oil and gas exploration activity in the USA.

The major players in the market include Severn Group, Total Valve Systems, Valmet, Emerson Electric Co., DomBor Valve.
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