7th December 2023

Industrial Valves Market Report, Leading Companies, Growth and Industry Insights Till 2028

IMARC Group has recently released a new research study titled “Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the global

The rapid industrialization and increasing number of infrastructural development projects represent some of the key factors influencing the market growth. Moreover, growing demand for clean and renewable energy sources, such as solar and wind power, requiring valves for fluid control in energy generation systems, is contributing to the market growth. In addition to this, the widespread utilization of industrial valves in water and wastewater treatment plants to maintain sanitation is contributing to the growth of the market.

In line with this, the increasing demand for industrial valves for monitoring municipal wastewater flow is driving the growth of the market. Furthermore, the rising demand for customized solutions in industrial valves from various end-use industries around the world is propelling the market growth. The market is also being driven by significant technological advancements in valve designs, materials, and sealing technologies, offering enhanced performance, durability, and reliability. Rising awareness of workplace safety and the need for reliable valve solutions in hazardous environments, such as mining and oil refineries, is propelling the market growth.

The increasing application of industrial valves in the rising number of oil and gas infrastructure projects across the globe is strengthening the market growth. Increasing automation and strategic collaborations and significant product innovations by the leading players are acting as major factors inducing the market growth. Other factors, such as rapid establishments of smart cities and extensive research and development (R&D) activities, are creating a positive outlook for the industrial values market further across the globe.

Competitive Landscape With Key Players:

The competitive landscape of the industrial valves market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

AVK Holding A/S

Cameron International Corporation (Schlumberger)

The Crane Company

Emerson Electric Co.

Flowserve Corporation

Forbes Marshall

Kitz Corporation

Neway Valves (Suzhou) Co. Ltd.

Key Market Segmentation:

The report has segmented the global industrial valves market based on product type, functionality, material, size, end use industry and region.

Breakup by Product Type:

Butterfly Valve

Breakup by Functionality:

On-Off / Isolation Valves

Breakup by Material:

Breakup by Size:

51” and Above

Breakup by End Use Industry:

Water and Wastewater Treatment

Food and Beverage

Breakup by Region:

Middle East and Africa

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