The Industrial Valves Market is to Touch $116.3 Billion by 2030; The increasing demand for Industrial Valves across various industries such as oil and gas, power and utilities, hvac and refrigeration systems, food and beverages, agriculture, pharmace

The Industrial Valves Market size is estimated to reach $116.3 Billion by 2030, growing at a CAGR of 5.6% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “Industrial Valves Market –By Valve Type (Air Release Valve, Ball Valve, Bleeder Valve, Butterfly Valve, Check Valve, Control Valve, Diaphragm Valve, Gate Valve, Globe Valve, High-Pressure Valve, Mixing Valve, Plug Valve, Pinch Valve, Safety Relief Valve and Others), By Mechanical Motion (Linear Motion Valve, Multi-turn Valve and Axial Valve), By Material (Steel valves, Alloy based valves (Cast Iron, Cast Steel, Cast Carbon, Stainless Steel), Cryogenic valves, Polypropylene based valves and Others), By End-users (Oil and Gas, Power and Utilities, HVAC and Refrigeration systems, Food and Beverages, Agriculture, Pharmaceuticals, Chemical, Water and Wastewater Treatment, Paper & Pulp, Defense and Aerospace and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030”

Adoption of automation and smart valves and focus on energy efficiency and sustainability are fueling the growth of the Industrial Valves industry during the forecast period.

Asia-Pacific holds the largest share of 35% in 2023 of the Industrial Valves market due to its rapidly expanding industrial base, growing infrastructure projects, and significant investments in key sectors such as oil & gas, water treatment, and power generation. Countries like China, India, and Southeast Asian nations have seen substantial urbanization and industrialization, driving demand for industrial valves in manufacturing plants, construction projects, and energy distribution networks. The region's dominance in oil refining, chemical processing, and steel production further boosts the demand for specialized valves capable of handling high-pressure, high-temperature environments. Additionally, large-scale government initiatives to improve water management systems, coupled with the rise of renewable energy projects, have increased the need for advanced valve technologies. Asia-Pacific’s cost-effective manufacturing capabilities and the presence of key valve producers also contribute to its leadership in the global market. The region's ongoing infrastructure expansion, energy development, and focus on industrial modernization will continue to solidify its position as the largest market for industrial valves.

The industrial valve market is increasingly witnessing the adoption of automation and smart valve technologies. As industries strive for greater operational efficiency, reduced downtime, and enhanced safety, the demand for smart valves equipped with sensors and monitoring capabilities has surged. These valves can be integrated with control systems to monitor and adjust flow rates, pressures, and temperatures in real-time. With the rise of Industry 4.0, smart valves are becoming critical components in automated processes, enabling remote monitoring and predictive maintenance, which helps in avoiding costly shutdowns and improving system performance. In December 2022, Emerson has announced the release of two new-to-the-world technologies for the Crosby™ J-Series pressure relief valve (PRV) product line. The first is a Balanced Diaphragm, which eliminates the need for bellows in PRVs, while providing balanced operation against backpressure to lower cost of ownership and enhance performance. The second technology is Bellows Leak Detection, enabling remote detection of bellows ruptures in PRVs, with the capability to reduce and accurately calculate volumetric emissions in real-time. The ability to gather and analyze data through these valves also facilitates better decision-making and process optimization, particularly in industries like oil & gas, water treatment, and chemical processing. The integration of IoT (Internet of Things) in valve systems further accelerates this trend, as companies seek to digitize their operations. As the industrial sector continues to move toward automation, the demand for smart valves is expected to grow significantly, transforming the valve industry and providing long-term growth opportunities for manufacturers.

Energy efficiency and sustainability have become pivotal trends shaping the industrial valve market. Industries like oil & gas, power generation, and water treatment are under increasing pressure to reduce their carbon footprints and improve energy consumption. Efficient valve systems play a crucial role in minimizing energy losses, particularly in processes involving fluid control, where leaks and pressure drops can lead to significant energy waste. Manufacturers are developing valves with better sealing technologies, improved flow control, and materials that can withstand harsh conditions while maintaining efficiency. The trend toward sustainability is further supported by regulatory bodies enforcing stricter environmental guidelines, compelling industries to adopt energy-efficient systems. Valves designed to meet these standards, such as low-emission control valves, are becoming more popular. In November 2022, IMI Saudi Industry LLC, a subsidiary of IMI, has unveiled a new 5,000m2 facility in Dammam to supply innovative valve solutions and bolster national manufacturing capabilities in line with Saudi government localisation plans for key products. Additionally, the demand for valves in renewable energy projects, such as wind, solar, and hydropower, is increasing, offering a new avenue for growth. As companies seek to align with global sustainability goals, the emphasis on energy-efficient valves will continue to drive innovation in the market.