Slurry Valves Market Size

Slurry Valves Market size was over USD 167.92 million in 2024 and is poised to exceed USD 320.58 million by 2037, witnessing over 5.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of slurry valves is evaluated at USD 174.77 million. Slurry valves are in great demand in the oil and gas sector as they are widely used in upstream, midstream, and downstream activities. Demand for oil and gas is strong, but supply is decreasing due to dwindling global oil and gas reserves. This situation has led oil and gas companies to explore new areas to improve production efficiency volume of petroleum products consumed from April to November 2023 with 152.3 million metric tons reported an increase of 4.9 per cent from the quantity of 145.10 million tonnes for that period last year.

The market for slurry valves is dominated by several important variables, which make it interesting to monitor. Given the increasing demand for mining, as well as other activities about the extraction of resources, there is a growing need for slurry valves.