Industrial Valve Market Size & Share | Industry Analysis 2021, 28

Industrial Valve Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material Type (Cast Iron, Steel, Cryogenic, Alloy-Based, Others); Valve Type (Ball Valves, Butterfly Valves, Diaphragm Valves, Safety Valves, Piston RAM Valves, Gate Valves, and Control Valves); Industry (Oil and Gas, Water Treatment, Power and Energy, Chemicals and Petrochemical, Food and Beverage, Healthcare and Pharmaceutical, Others)

Publication Month: Jan 2022 | Report Code: TIPMC00002517 | No. of Pages: 185 | Category: Manufacturing and Construction | Status: Published

The industrial valve market is expected to grow from US$ 78.18 billion in 2021 to US$ 125.59 billion by 2028; it is estimated to grow at a CAGR of 7.0% during 2021 to 2028.

The growing rate of industrialization has led to an increase in demand for oil and gas, which is boosting the development of new oil refineries. This, in turn, is driving the industrial valves market. Further, the increasing government emphasis on sustainability and curtailing water pollution has led to a rise in the deployment of wastewater treatment plants, which is boosting the sales of industrial valves. The increase in the establishment of healthcare institutions, use of advanced medical equipment, and growing adoption of Internet of Things (IoT) solutions in the manufacturing sector are creating substantial growth opportunities for the industrial valve market players.

Crude oil is the backbone of the modern-day industrial economy. In addition to its application as fuel, it acts as an important base raw material for deriving various chemicals. With the increasing rate of industrialization and urbanization, the demand for oil and gas has surged substantially. For instance, the crude oil production of the Organization of the Petroleum Exporting Countries (OPEG) has risen steadily from ~400,000 b/d in January 2016 to ~800,000 b/d by the end of Q2 of 2021. Countries such as the US, China, India, Vietnam, and South Korea are expected to present huge demand for crude oil during the forecast period due to the continuous growth in their manufacturing sectors, supported by favorable economic conditions and government policies. Equinor, a petroleum refining company, has announced to invest US$ 8.8 billion by end of 2022 for driving the progress of Wisting petroleum discovery in the Arctic Barents Sea, the northernmost oilfield of the world. Petróleo Brasileiro S.A. has also announced to invest US$ 68 billion from 2022 to 2026 for managing production at the offshore fields in the subsea pre-salt area. Qatar has plans to increase its LNG production by 40% to 110 million tonnes per annum by 2026. The Russian government has also announced the plan of escalating its LNG production capacity to 140 million tons per year by 2035, with a threefold increase. Further, a significant number of oil and gas refineries have aged and require maintenance operations. Moreover, with the growing emphasis on curtailing carbon emission, governments are also favoring gas-powered power plants over coal-powered power plants, as natural gas emits less carbon than coal does, which is further propelling the demand for natural gas. The growing production of oil and gas boosts the industrial valves market growth.

Strategic Insights


Impact of COVID-19 Pandemic on Industrial Valve Market

The manufacturing sector experienced noticeable losses due to temporary factory shutdowns and low production volumes, which hindered the growth of the oil & gas, power & energy, and chemicals and petrochemicals industries. Moreover, the social or physical distancing measures put limitations on the operations of logistics and other service providers. Component shortages, quarantine mandates, and travel restrictions further restrained the production of industrial valves.

As per the BP Statistical Review of World Energy 2020, the US is the world's largest producer and consumer of natural gas products. However, the country experienced a nationwide lockdown in the mid-2020 for curtailing the spread of COVID-19, which further restricted the oil & gas-related projects, such as storage and transportation activities of liquid gasses, thus leading to the decline in global oil prices. Due to this, industrial valve manufacturing companies faced revenue losses and slow growth. However, in Q3 of 2020, as the industries started to resume their operations, supply chain stakeholders also began gaining pace gradually.

Lucrative Regions for Industrial Valve Market

Lucrative Regions for Industrial Valve Market

Get more information on this report :

Industrial Valve Market Insights

Growing Popularity of IoT

Continuous advancements in microprocessor processing capabilities and high-speed connectivity technologies have paved the way for the wide-scale deployment of the Internet of Things (IoT) among other modern technologies. With the growing emphasis on digitalization and automation the value chain among manufacturers for achieving high efficiency and productivity is leading industrial valve market players to offer IoT- ready industrial valves. For instance, Belimo Energy Valve, a product of BELIMO Holding AG, offers easy access to valuable data and control of the valves such as measure flow, monitor the current energy consumption, controlling valve ­position,­ flow­, or the thermal power with the help of Modbus, MP-Bus, BACnet, or IoT connectivity. Further, smart valves are capable of monitoring their health and can predict any forthcoming adversities in their operations. An ideal smart valve is offered with an integrated battery backup, a small solar panel, Wi-Fi connectivity, and a dedicated remote control feature. In water supply applications, the authorized users receive SMS when the valve cuts the water supply. Continuous progress in smart cities projects across the world is anticipated to create demand for smart industrial valves for monitoring and controlling the utility lines, thereby driving the industrial valve market growth during the forecast period.

Material Type-Based Market Insights

Based on material type, the industrial valve market is segmented as cast iron, steel, cryogenic, alloy-based, and others. The steel segment led the market with a share of 37.2% in 2020. The steel valves are made from various compositions of stainless steel, cast steel, forged steel, and others, and they are the most used industrial valves. They exhibit greater corrosion resistance than valves made from iron cast and brass, and have pressure handling capabilities of upto 1000psi. Further, steal valves also showcase higher strength and durability. Thus, these valves are widely adopted in a range of industrial applications, and are used across thermal and nuclear power plants, hydrocarbon or petrochemical processing plants, oil and gas transmission lines, off-shore oil drilling, pulp and paper facilities, and other processing industrial pipelines. Moreover, they are becoming more popular in conventional plumbing as they are free of lead. Many states and provinces in North America have No-Lead laws that dictate the use of lead-free components in plumbing applications.

Industry-Based Market Insights

Based on industry, the industrial valve market is segmented as oil & gas, water treatment, power & energy, chemical & petrochemical, food & beverage, healthcare & pharmaceutical, and others. The oil and gas segment led the market in 2020. In oil and gas plants, extraction and processing of crude and gas are majorly done using pipelines, and valves are used for regulating the flow of these substances. Although oil and gas resources are found in limited geographic location, they are utilized across the world, and they are distributed using pipelines. The rise in industrialization at a steady rate is driving the demand for oil and gas, owing to which several oil producing countries are scaling up their production capacities. For instance, the UAE has announced its plans to invest US$ 127 billion during 2022–2026 in the expansion of its oil and gas production. Russia has announced its plan to increase its LNG production threefold to bring it to 140 million tons per year by 2035. Thus, the growing investment for increasing oil production is projected to create growth opportunities for industrial valve market players.

Players operating in the industrial valve market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

  • In November 2021, Rusco announced the launch of a smart automated ball valve for home filtration, well water, commercial, and municipal applications, which can be paired with smartphones for program automation, to carry out sediment flushing and flow shut-off.
  • In June 2021, Neles announced the launch of a versatile butterfly valve line for an extensive range of applications in all process industries.

The industrial valve market is segmented on the basis of material type, valve type, and industry. Based on material type, the market is segmented into cast iron, steel, cryogenic, alloy-based and others. Based on valve type, the industrial valve market is segmented into ball valve, butterfly valve, diaphragm valve, safety valve, and piston ram valve. On the basis of industry, the industrial valve market is segmented into oil & gas, water treatment, power & energy, chemical & petrochemical, food & beverage, healthcare & pharmaceutical, and others.

Valen Inc., Crane Co., Circor International, Emerson Electric Co., Flowserve Corporation, Kitz Corporation, Neway Valve (Suzhou) Co. Ltd., Spirax Sarco, Schlumberger Limited, and IMI PLC are the key industrial valve market players considered for the research study. In addition, several other significant industrial valve market players have been studied and analyzed in this research report to get a holistic view of the global industrial valve market and its ecosystem.

Frequently Asked Questions

The growing rate of industrialization has led to an increase in demand for oil and gas, owing to which the development of new oil refineries is rising. This, in turn, is driving the industrial valves market. Further, the increasing emphasis on sustainability and curtailing pollution of water bodies by governments have led to a rise in the deployment of wastewater treatment plants, which is boosting the sales of industrial valves. Moreover, the increase in the development of healthcare institutions, the use of advanced medical equipment, and the growing adoption of Internet of Things (IoT) solutions in the manufacturing industry are creating substantial growth opportunities for the industrial valves market players.
The onset of COVID-19, there has been an exponential rise in the adoption of industrial valves market players have witnessed an exponential rise in the adoption of industrial valve owing to the increased number of hospitalizations worldwide. To overcome the challenge of insufficiency of hospital facilities, governments have started to deploy modular and mobile healthcare facilities during the pandemic, which has further spurred the demand for medical equipment, thereby, has created significant growth opportunities for the industrial valve market players.
The steel valves are made of various composition such as stainless steel, cast steel, forged steel, and others and are the most used industrial valves. The steel valves are more corrosive resistant in comparison to iron cast and brass and has high pressure handling capabilities upto 1000psi. Further, steal valves also showcase higher strength and durability owing. Owing to these factor the adoption of steel valves has wide range of application and used across thermal and nuclear power plants, hydrocarbon or petrochemical processing, oil and gas transmission lines, off-shore oil drilling, pulp and paper facilities, and other processing industrial pipelines. Moreover, with steel valves are becoming more popular in conventional plumbing owing for being lead free. For instance, the many States and Provinces in North America has No-Lead laws which dictates the use of lead-free components in plumbing application.
In 2020, APAC constitutes a large population and high per capita income, along with vast industrialization and increasing urbanization, are among the main factors driving the market in the region. Further, highly industrialized countries such as China, India, Japan, and South Korea are increasingly emphasizing the development of wastewater treatment facilities to tackle the issue of environment conservation. Also, the region is the largest consumer of crude oil and gas, which is another factor for the high uptake rate of industrial valves.
The top 5 players in the industrial valve market include Emerson, Schlumberger, Flowserve Corporation, IMI Plc, and Spirax Sarco. The ranking has been derived analysing multiple parameters such as annual revenue earned from industrial valves, client base, geographic locations, R&D expenditure, brand image, and number of employees, among others. These companies are actively participating in developing robust industrial valves for various applications.
The oil and gas industry are the largest end users of industrial valves. For extraction and processing of crude and gas are majorly done using pipelines and valves are utilized for regulating the flow of oil and gas. Moreover, these resources are found in limited geographic location and utilized across the globe and distribution of these are done using pipelines. Thus, as the industrialization is growing at steady rate across the globe the demand oil and gas is also increasing owing to which several oil producing countries are increasing the production. For instance, UAE has announced its plans to invest US $127 billion from 2022 to 2026 increase country’s oil and gas production. Russia has announced its plan to increase its LNG production by threefold to 140 million tons per year by 2035. Thus, the growing investment for increasing oil production is projected to create growth opportunities for industrial valve market players.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Industrial Valve Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 Asia-Pacific

4.2.4 Middle East and Africa

4.2.5 South America

4.3 Ecosystem Analysis

4.4 Expert Opinions

5. Industrial Valve Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Use of Valve in Oil and Gas Industry

5.1.2 Increasing use of Ball Valves and Butterfly Valves

5.2 Key Market Restraints

5.2.1 Long Service Life and Risk of Corrosion

5.3 Key Market Opportunities

5.3.1 Expanding Application Range in Healthcare Sector

5.4 Future Trends

5.4.1 Growing Popularity of IoT

5.5 Impact Analysis of Drivers and Restraints

6. Industrial Valve Market – Global Analysis

6.1 Industrial Valve Market Global Overview

6.2 Industrial Valve Market – Global Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning– Five Key Players

7. Industrial Valve Market Analysis – By Material Type

7.1 Overview

7.2 Industrial Valve Market, By Material Type (2020 and 2028)

7.3 Cast Iron

7.3.1 Overview

7.3.2 Cast Iron: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Steel

7.4.1 Overview

7.4.2 Steel: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Cryogenic

7.5.1 Overview

7.5.2 Cryogenic: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Alloy-Based

7.6.1 Overview

7.6.2 Alloy-Based: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Others

7.7.1 Overview

7.7.2 Others: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

8. Industrial Valve Market Analysis – By Valve Type

8.1 Overview

8.2 Industrial Valve Market, By Valve Type (2020 and 2028)

8.3 Ball Valve

8.3.1 Overview

8.3.2 Ball Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Butterfly Valve

8.4.1 Overview

8.4.2 Butterfly Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Diaphragm Valve

8.5.1 Overview

8.5.2 Diaphragm Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Safety Valve

8.6.1 Overview

8.6.2 Safety Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Piston RAM Valve

8.7.1 Overview

8.7.2 Piston RAM Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

8.8 Gate Valve

8.8.1 Overview

8.8.2 Gate Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

8.9 Control Valve

8.9.1 Overview

8.9.2 Control Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

9. Industrial Valve Market Analysis – By Industries

9.1 Overview

9.2 Industrial Valve Market, By Industries (2020 and 2028)

9.3 Oil and Gas

9.3.1 Overview

9.3.2 Oil and Gas: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Water Treatment

9.4.1 Overview

9.4.2 Water Treatment: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Power and Energy

9.5.1 Overview

9.5.2 Power and Energy: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Chemical and Petrochemical

9.6.1 Overview

9.6.2 Chemical and Petrochemical: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Food & Beverage

9.7.1 Overview

9.7.2 Food & Beverage: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Healthcare

9.8.1 Overview

9.8.2 Healthcare: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

9.9 Others

9.9.1 Overview

9.9.2 Others: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10. Industrial Valve Market – Geographic Analysis

10.1 Overview

10.2 North America: Industrial Valve Market

10.2.1 North America: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2 North America: Industrial Valve Market, By Material Type

10.2.3 North America: Industrial Valve Market, by Valve Type

10.2.4 North America: Industrial Valve Market, by Industries

10.2.5 North America: Industrial Valve Market, by Key Country

10.2.5.1 US: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.1.1 US: Industrial Valve Market, By Material Type

10.2.5.1.2 US: Industrial Valve Market, by Valve Type

10.2.5.1.3 US: Industrial Valve Market, by Industries

10.2.5.2 Canada: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.2.1 Canada: Industrial Valve Market, By Material Type

10.2.5.2.2 Canada: Industrial Valve Market, by Valve Type

10.2.5.2.3 Canada: Industrial Valve Market, by Industries

10.2.5.3 Mexico: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.2.5.3.1 Mexico: Industrial Valve Market, By Material Type

10.2.5.3.2 Mexico: Industrial Valve Market, by Valve Type

10.2.5.3.3 Mexico: Industrial Valve Market, by Industries

10.3 Europe: Industrial Valve Market

10.3.1 Europe: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2 Europe: Industrial Valve Market, By Material Type

10.3.3 Europe: Industrial Valve Market, by Valve Type

10.3.4 Europe: Industrial Valve Market, by Industries

10.3.5 Europe: Industrial Valve Market, by Key Country

10.3.5.1 France: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.1.1 France: Industrial Valve Market, By Material Type

10.3.5.1.2 France: Industrial Valve Market, by Valve Type

10.3.5.1.3 France: Industrial Valve Market, by Industries

10.3.5.2 Germany: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.2.1 Germany: Industrial Valve Market, By Material Type

10.3.5.2.2 Germany: Industrial Valve Market, by Valve Type

10.3.5.2.3 Germany: Industrial Valve Market, by Industries

10.3.5.3 Italy: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.3.1 Italy: Industrial Valve Market, By Material Type

10.3.5.3.2 Italy: Industrial Valve Market, by Valve Type

10.3.5.3.3 Italy: Industrial Valve Market, by Industries

10.3.5.4 UK: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.4.1 UK: Industrial Valve Market, By Material Type

10.3.5.4.2 UK: Industrial Valve Market, by Valve Type

10.3.5.4.3 UK: Industrial Valve Market, by Industries

10.3.5.5 Russia: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.5.1 Russia: Industrial Valve Market, By Material Type

10.3.5.5.2 Russia: Industrial Valve Market, by Valve Type

10.3.5.5.3 Russia: Industrial Valve Market, by Industries

10.3.5.6 Rest of Europe: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.6.1 Rest of Europe: Industrial Valve Market, By Material Type

10.3.5.6.2 Rest of Europe: Industrial Valve Market, by Valve Type

10.3.5.6.3 Rest of Europe: Industrial Valve Market, by Industries

10.4 APAC: Industrial Valve Market

10.4.1 APAC: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2 APAC: Industrial Valve Market, By Material Type

10.4.3 APAC: Industrial Valve Market, by Valve Type

10.4.4 APAC: Industrial Valve Market, by Industries

10.4.5 APAC: Industrial Valve Market, by Key Country

10.4.5.1 Australia: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.1.1 Australia: Industrial Valve Market, By Material Type

10.4.5.1.2 Australia: Industrial Valve Market, by Valve Type

10.4.5.1.3 Australia: Industrial Valve Market, by Industries

10.4.5.2 China: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.2.1 China: Industrial Valve Market, By Material Type

10.4.5.2.2 China: Industrial Valve Market, by Valve Type

10.4.5.2.3 China: Industrial Valve Market, by Industries

10.4.5.3 India: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.3.1 India: Industrial Valve Market, By Material Type

10.4.5.3.2 India: Industrial Valve Market, by Valve Type

10.4.5.3.3 India: Industrial Valve Market, by Industries

10.4.5.4 Japan: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.4.1 Japan: Industrial Valve Market, By Material Type

10.4.5.4.2 Japan: Industrial Valve Market, by Valve Type

10.4.5.4.3 Japan: Industrial Valve Market, by Industries

10.4.5.5 South Korea: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.5.1 South Korea: Industrial Valve Market, By Material Type

10.4.5.5.2 South Korea: Industrial Valve Market, by Valve Type

10.4.5.5.3 South Korea: Industrial Valve Market, by Industries

10.4.5.6 Rest of APAC: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.6.1 Rest of APAC: Industrial Valve Market, By Material Type

10.4.5.6.2 Rest of APAC: Industrial Valve Market, by Valve Type

10.4.5.6.3 Rest of APAC: Industrial Valve Market, by Industries

10.5 MEA: Industrial Valve Market

10.5.1 MEA: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2 MEA: Industrial Valve Market, By Material Type

10.5.3 MEA: Industrial Valve Market, by Valve Type

10.5.4 MEA: Industrial Valve Market, by Industries

10.5.5 MEA: Industrial Valve Market, by Key Country

10.5.5.1 South Africa: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.1.1 South Africa: Industrial Valve Market, By Material Type

10.5.5.1.2 South Africa: Industrial Valve Market, by Valve Type

10.5.5.1.3 South Africa: Industrial Valve Market, by Industries

10.5.5.2 Saudi Arabia: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.2.1 Saudi Arabia: Industrial Valve Market, By Material Type

10.5.5.2.2 Saudi Arabia: Industrial Valve Market, by Valve Type

10.5.5.2.3 Saudi Arabia: Industrial Valve Market, by Industries

10.5.5.3 UAE: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.3.1 UAE: Industrial Valve Market, By Material Type

10.5.5.3.2 UAE: Industrial Valve Market, by Valve Type

10.5.5.3.3 UAE: Industrial Valve Market, by Industries

10.5.5.4 Rest of MEA: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.5.5.4.1 Rest of MEA: Industrial Valve Market, By Material Type

10.5.5.4.2 Rest of MEA: Industrial Valve Market, by Valve Type

10.5.5.4.3 Rest of MEA: Industrial Valve Market, by Industries

10.6 SAM: Industrial Valve Market

10.6.1 SAM: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.6.2 SAM: Industrial Valve Market, By Material Type

10.6.3 SAM: Industrial Valve Market, by Valve Type

10.6.4 SAM: Industrial Valve Market, by Industries

10.6.5 SAM: Industrial Valve Market, by Key Country

10.6.5.1 Brazil: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.1.1 Brazil: Industrial Valve Market, By Material Type

10.6.5.1.2 Brazil: Industrial Valve Market, by Valve Type

10.6.5.1.3 Brazil: Industrial Valve Market, by Industries

10.6.5.2 Argentina: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.2.1 Argentina: Industrial Valve Market, By Material Type

10.6.5.2.2 Argentina: Industrial Valve Market, by Valve Type

10.6.5.2.3 Argentina: Industrial Valve Market, by Industries

10.6.5.3 Rest of SAM: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

10.6.5.3.1 Rest of SAM: Industrial Valve Market, By Material Type

10.6.5.3.2 Rest of SAM: Industrial Valve Market, by Valve Type

10.6.5.3.3 Rest of SAM: Industrial Valve Market, by Industries

11. Impact of COVID-19 Pandemic on Global Industrial Valve Market

11.1 Overview

11.2 North America: Impact Assessment of COVID-19 Pandemic

11.3 Europe: Impact Assessment of COVID-19 Pandemic

11.4 APAC: Impact Assessment of COVID-19 Pandemic

11.5 MEA: Impact Assessment of COVID-19 Pandemic

11.6 SAM Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Market Initiative

12.2 Merger and Acquisition

12.3 New Development

13. Company Profiles

13.1 Crane Co.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Velan Inc.

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Emerson Electric Co.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Flowserve Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Spirax-Sarco Engineering plc

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Schlumberger Limited

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 IMI Critical Engineering

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 CIRCOR International, Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Neway Valve (Suzhou) Co., Ltd

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 KITZ Corporation

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Industrial Valve Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2. North America: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 5. US: Industrial Valve Market, By Material Type –Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Industrial Valve Market, by Valve Type –Revenue and Forecast to 2028 (US$ Million)

Table 7. US: Industrial Valve Market, by Industries –Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 14. Europe: Industrial Valve Market, By Material Type– Revenue and Forecast to 2028 (US$ Million)

Table 15. Europe: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 16. Europe: Industrial Valve Market, by Industries– Revenue and Forecast to 2028 (US$ Million)

Table 17. France: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. France: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 19. France: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 20. Germany: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. Germany: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 22. Germany: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 23. Italy: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 24. Italy: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 25. Italy: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 26. UK: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 27. UK: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 28. UK: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 29. Russia: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 30. Russia: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 31. Russia: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 32. Rest of Europe: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 33. Rest of Europe: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 34. Rest of Europe: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 35. APAC: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 36. APAC: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 37. APAC: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 38. Australia: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 39. Australia: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 40. Australia: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 41. China: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 42. China: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 43. China: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 44. India: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 45. India: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 46. India: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 47. Japan: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 48. Japan: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 49. Japan: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 50. South Korea: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 51. South Korea: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 52. South Korea: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 53. Rest of APAC: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of APAC: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of APAC: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 56. MEA: Industrial Valve Market, By Material Type– Revenue and Forecast to 2028 (US$ Million)

Table 57. MEA: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 58. MEA: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 59. South Africa: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 60. South Africa: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 61. South Africa: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 62. Saudi Arabia: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 63. Saudi Arabia: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 64. Said Arabia: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 65. UAE: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 66. UAE: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 67. UAE: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 68. Rest of MEA: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 69. Rest of MEA: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 70. Rest of MEA: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 71. SAM: Industrial Valve Market, By Material Type– Revenue and Forecast to 2028 (US$ Million)

Table 72. SAM: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 73. SAM: Industrial Valve Market, by Industries– Revenue and Forecast to 2028 (US$ Million)

Table 74. Brazil: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 75. Brazil: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 76. Brazil: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 77. Argentina: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 78. Argentina: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 79. Argentina: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 80. Rest of SAM: Industrial Valve Market, By Material Type – Revenue and Forecast to 2028 (US$ Million)

Table 81. Rest of SAM: Industrial Valve Market, by Valve Type – Revenue and Forecast to 2028 (US$ Million)

Table 82. Rest of SAM: Industrial Valve Market, by Industries – Revenue and Forecast to 2028 (US$ Million)

Table 83. List of Abbreviation

LIST OF FIGURES

Figure 1. Industrial Valve Market Segmentation

Figure 2. Industrial Valve Market Segmentation – By Geography

Figure 3. Global Industrial Valve Market Overview

Figure 4. Steel Segment Held the Largest Market Share in 2020

Figure 5. Ball Valve Segment Held the Largest Market Share in 2020

Figure 6. Oil & Gas Segment Held the Largest Market Share in 2020

Figure 7. Asia Pacific was the Largest Revenue Contributor in 2020

Figure 8. North America – PEST Analysis

Figure 9. Europe – PEST Analysis

Figure 10. Asia-Pacific – PEST Analysis

Figure 11. Middle East and Africa – PEST Analysis

Figure 12. South America – PEST Analysis

Figure 13. Industrial Valve Market– Ecosystem Analysis

Figure 14. Expert Opinions

Figure 15. Industrial Valve Market: Impact Analysis of Drivers and Restraints

Figure 16. Geographic Overview of Industrial Valve Market

Figure 17. Global Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. Industrial Valve Market Revenue Share, by Material Type (2020 and 2028)

Figure 19. Cast Iron: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Steel: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Cryogenic: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Alloy-Based: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Others: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. Industrial Valve Market Revenue Share, by Valve Type (2020 and 2028)

Figure 25. Ball Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Butterfly Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Diaphragm Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Safety Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Piston RAM Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Gate Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Control Valve: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Industrial Valve Market Revenue Share, by Industries (2020 and 2028)

Figure 33. Oil and Gas: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Water Treatment: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Power and Energy: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Chemical and Petrochemical: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Food & Beverage: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. Healthcare: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Others: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Global Industrial Valve Market Revenue Share, by Region (2020 and 2028)

Figure 41. North America: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. North America: Industrial Valve Market Revenue Share, By Material Type (2020 and 2028)

Figure 43. North America: Industrial Valve Market Revenue Share, by Valve Type (2020 and 2028)

Figure 44. North America: Industrial Valve Market Revenue Share, by Industrial (2020 and 2028)

Figure 45. North America: Industrial Valve Market Revenue Share, by Key Country (2020 and 2028)

Figure 46. US: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 47. Canada: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48. Mexico: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. Europe: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50. Europe: Industrial Valve Market Revenue Share, By Material Type (2020 and 2028)

Figure 51. Europe: Industrial Valve Market Revenue Share, by Valve Type (2020 and 2028)

Figure 52. Europe: Industrial Valve Market Revenue Share, by Industrial (2020 and 2028)

Figure 53. Europe: Industrial Valve Market Revenue Share, by Key Country (2020 and 2028)

Figure 54. France: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55. Germany: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56. Italy: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 57. UK: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 58. Russia: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59. Rest of Europe: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. APAC: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61. APAC: Industrial Valve Market Revenue Share, By Material Type (2020 and 2028)

Figure 62. APAC: Industrial Valve Market Revenue Share, by Valve Type (2020 and 2028)

Figure 63. APAC: Industrial Valve Market Revenue Share, by Industrial (2020 and 2028)

Figure 64. APAC: Industrial Valve Market Revenue Share, by Key Country (2020 and 2028)

Figure 65. Australia: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 66. China: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 67. India: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68. Japan: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69. South Korea: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 70. Rest of APAC: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 71. MEA: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 72. MEA: Industrial Valve Market Revenue Share, By Material Type (2020 and 2028)

Figure 73. MEA: Industrial Valve Market Revenue Share, by Valve Type (2020 and 2028)

Figure 74. MEA: Industrial Valve Market Revenue Share, by Industrial (2020 and 2028)

Figure 75. MEA: Industrial Valve Market Revenue Share, by Key Country (2020 and 2028)

Figure 76. South Africa: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 77. Saudi Arabia: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 78. UAE: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 79. Rest of MEA: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 80. SAM: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 81. SAM: Industrial Valve Market Revenue Share, By Material Type (2020 and 2028)

Figure 82. SAM: Industrial Valve Market Revenue Share, by Valve Type (2020 and 2028)

Figure 83. SAM: Industrial Valve Market Revenue Share, by Industrial (2020 and 2028)

Figure 84. SAM: Industrial Valve Market Revenue Share, by Key Country (2020 and 2028)

Figure 85. Brazil: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 86. Argentina: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 87. Rest of SAM: Industrial Valve Market – Revenue and Forecast to 2028 (US$ Million)

Figure 88. Impact of COVID-19 Pandemic in North American Country Markets

Figure 89. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 90. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 91. Impact of COVID-19 Pandemic in MEA Country Markets

Figure 92. Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies - Industrial Valve Market

  1. Valen Inc.
  2. Crane Co.
  3. Circor International
  4. Emerson Electric Co.
  5. Flowserve Corporation
  6. Kitz Corporation
  7. Neway Valve (Suzhou) Co. Ltd.
  8. Spirax Sarco
  9. Schlumberger Limited
  10. IMI PLC
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global industrial valve market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global Industrial valve market market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the industrial valve market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPMC00002517
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Get the Latest COVID-19 Analysis on this market




Have a question?

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.


Speak To Analyst
Pricing
  • $3000
  • $4550
  • $6550
  • $8550
    GET FREE SAMPLE PDF

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis.

    Inquire for Discount