Global Industrial Valves Market to 2032

Q: What is the current market size of the Global Industrial Valves Market?

Global Industrial Valves Market was valued at USD 87.55 (Revenue in USD Billion) in 2022.

Overview

The Global Industrial Valves Market is expected to reach a 137.28 USD Billion by 2032 and is projected to grow at a CAGR of 7.48% from 2025 to 2032.

Revenue, 2024 (USD Billion)

87.55

Forecast, 2032 (USD Billion)

137.28

CAGR, 2024 - 2032

7.48%

Report Coverage

Global

Global Industrial Valves Market 2018-2032 USD Billion

Global Industrial Valves Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 87.55 USD Billion
Projected Market Size (2032): 137.28 USD Billion
CAGR (2025-2032): 7.48%

Key Findings of Global Industrial Valves Market

The Global Industrial Valves Market was valued at 87.55 USD Billion in 2024.
The Global Industrial Valves Market is likely to grow at a CAGR of 7.48% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Isolation in Function Segment accounted for the largest share of the market with a revenue of 26.15 USD Billion
The fastest growing segment Gate Valve in Type Segment grew Fastest with a CAGR of 9.89% during the forecast period from 2024 to 2032.

Global Industrial Valves Market Scope

Global Industrial Valves Market Segmentation & Scope

Material

Others
Aluminium
Bronze
Brass
Plastic
Carbon Steel
Ductile Iron

Accessories

Others
Dust Protection Cover
Seal Kits
Mounting Screw & Bolts
Power Cable
Hydraulic Filter

Size

Above 48 inch
24 inch to 48 inch
12 inch to 24 inch
6 inch to 12 inch
1 inch to 6 inch

Application

Others
Paper & Pulp
Metals & Mining
Automotive
Marine
Agricluture
Pharmaceutical
Food & Beverages
Energy & Utilities
Chemical
Water & Waste Treatment
Oil& Gas

Function

Non-Return
Special Purpose
Safety Relief Valve
Regulation
Isolation

Type

Others
Pressure Relief Valve
Needle Valve
Pinch Valve
Plug Valve
Check Valve
Diaphragm Valve
Butterfly Valve
Ball Valve
Globe Valve
Gate Valve

Global Industrial Valves Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	87.55 USD Billion
Market Value in 2032	137.28 USD Billion
CAGR (2025-2032)	7.48%
Historic Data	2016-2023
Market Segments Covered	Material,Accessories,Size,Application,Function,Type

Regional Insights:

Leading Market (2024-2032): Global, leading in terms of revenue 87.55 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 19,620.89 USD Million in 2024.

Segments and Scope

Global Industrial Valves Market to 2032, By Material
- Ductile Iron is the largest segment in Global Industrial Valves Market to 2032 with a revenue of 20.35 USD Billion in the year 2024.
- Plastic is the Fastest growing segment in Global Industrial Valves Market to 2032 with a Growth rate of 6.45 % in forecast period 2025-2032.
Global Industrial Valves Market to 2032, By Accessories
- Hydraulic Filter is the largest segment in Global Industrial Valves Market to 2032 with a revenue of 22.67 USD Billion in the year 2024.
- Hydraulic Filter is the Fastest growing segment in Global Industrial Valves Market to 2032 with a Growth rate of 9.66 % in forecast period 2025-2032.
Global Industrial Valves Market to 2032, By Size
- 1 inch to 6 inch is the largest segment in Global Industrial Valves Market to 2032 with a revenue of 24.43 USD Billion in the year 2024.
- 6 inch to 12 inch is the Fastest growing segment in Global Industrial Valves Market to 2032 with a Growth rate of 7.98 % in forecast period 2025-2032.
Global Industrial Valves Market to 2032, By Application
- Oil& Gas is the largest segment in Global Industrial Valves Market to 2032 with a revenue of 17.94 USD Billion in the year 2024.
- Water & Waste Treatment is the Fastest growing segment in Global Industrial Valves Market to 2032 with a Growth rate of 7.99 % in forecast period 2025-2032.
Global Industrial Valves Market to 2032, By Function
- Isolation is the largest segment in Global Industrial Valves Market to 2032 with a revenue of 26.15 USD Billion in the year 2024.
- Regulation is the Fastest growing segment in Global Industrial Valves Market to 2032 with a Growth rate of 7.69 % in forecast period 2025-2032.
Global Industrial Valves Market to 2032, By Type
- Gate Valve is the largest segment in Global Industrial Valves Market to 2032 with a revenue of 20.48 USD Billion in the year 2024.
- Gate Valve is the Fastest growing segment in Global Industrial Valves Market to 2032 with a Growth rate of 9.89 % in forecast period 2025-2032.

Global Industrial Valves Market Company Share Analysis

Company Name
Emerson Electric Co.
SLB
Flowserve Corporation
KITZ Corporation
IMI

Global Industrial Valves Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Industrial Valves Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Global Industrial Valves Market?

The Global Industrial Valves Market is segmented based on Segmentation Material,Accessories,Size,Application,Function,Type.

What is the current market size of the Global Industrial Valves Market?

Global Industrial Valves Market was valued at USD 87.55(Revenue in USD Billion) in 2022.

What is the expected growth rate of the Global Industrial Valves Market?

Global Industrial Valves Market is projected to grow at a CAGR of 7.48% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Global Industrial Valves Market?

The Isolation segment is expected to dominate the Global Industrial Valves Market, holding a largest market share of 26.15 USD Billion in 2024