Industrial valves are devices that control the flow and pressure of liquids and gases within a system. Valves are wont to control the flow of liquids and gases within the piping systems and it should be checked consistently to avoid any risks like leakage and corrosion. On the opposite hand, valves utilized in industries are often operated manually or automatically. Growth of commercial valves market is driven by increasing demand in industries like oil and gas, wastewater and power among others. This end in higher demand of valves utilized in valve actuators namely, electrically, hydraulically and pneumatically among others in several industry verticals. Moreover, continuous generation of power via existing and old power station is additionally driving the demand for industrial valves market in power sector. Some of the main restraints for industrial valves market are price competition among vendors and strict government regulations and policies within the market.

The global industrial valves market is expected to cross more than USD 96 billion by 2027 at a CAGR of 12.3% during the forecast period.

The participation of cross-industry vendors within the industrial valves market is additionally escalating the competition among valve vendors. As an example, pump and filtration vendors are offering valves alongside the core valve vendors. Nevertheless, the businesses would need to develop specialized products so as to cause product differentiation and produce higher margin valves which can be less susceptible to competition.

Global Industrial Valve market is segmented based on the Material Type as, Cast Iron, Steel, Cryogenic, Alloy Based and Others. On the basis of Valve Type as, the global Industrial Valve market is segregated as, Ball Valves, Butterfly Valves, Check Valves, Diaphragm Valves, Gate Valves, Globe Valves, Plug Valves and Safety Valves. Global Industrial Valve market is segmented based on the Size as, Up to 1”, 1–6”, 6–25”, 25–50” and 50” and Larger. Global Industrial Valve market is segmented based on the Vertical as, Oil & Gas, Water & Wastewater Treatment, Energy & Power, Chemicals, Food & Beverages, Pharmaceuticals, Construction, Agriculture, Pulp & Paper, Metals & Mining and Others.

Global Industrial Valve market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Industrial Valve market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue generated from the sales of Industrial Valve market manufacturers. The revenue generated from the sales of Industrial Valve manufacturer has been calculated through primary and secondary research.

The market size estimation also considered leading players revenues as part of triangulation the key players considered are Emerson (US), Weir Group PLC (UK), Flowserve (US), Cameron – Schlumberger (US), IMI PLC (UK), Spirax Sarco (UK), Crane Co. (US), Kitz Corporation (Japan), Metso Corporation (Finland), Neway Valve (Suzhou) Co., Ltd. (China), Velan Inc. (Canada), Samson AG (Germany), AVK Holding A/S (Denmark), Avcon Controls (India), Forbes Marshall (India), Swagelok (US), Ham–Let (Israel), Dwyer Instruments (US), KIM Valves (Australia), Apollo Valves (US)., Availability Services among others operating in the Industrial Valve market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes types of segmentation determined using secondary sources and verified through primary sources.

The Industrial Valve Market has been segmented as below:

Industrial Valve Market, By Material

• Stainless Steel
• Cast Iron
• Cryogenic
• Alloy Based
• Others

• Brass
• Bronze
• Plastic

Industrial Valve Market, By Valve Type

• Ball Valves
• Butterfly Valves
• Check Valves
• Diaphragm Valves
• Gate Valves

• Standard Plate Gate Valves
• Wedge Gate Valves
• Knife Gate Valves

• Globe Valves
• Plug Valves
• Safety Valves

Industrial Valve Market, By Size

• Up to 1”
• 1–6”
• 6–25”
• 25–50”
• 50” and Larger

Industrial Valve Market, By Vertical

• Oil & Gas
• Water & Wastewater Treatment
• Energy & Power
• Chemicals
• Food & Beverages
• Pharmaceuticals
• Construction
• Agriculture
• Pulp & Paper
• Metals & Mining
• Others

Industrial Valve Market, By Region

• North America
• Europe
• Asia Pacific
• Rest of World

Report scope:

The global Industrial Valve market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.

Reasons to Buy this Report:

• Gain comprehensive insights on the industry trends
• Identify industry opportunities and key growth segments
• Obtain complete market study on the Industrial Valve market

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