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Valve Market, Global Outlook and Forecast 2023-2032

The global Valve market was valued at US$ 47440 million in 2022 and is projected to reach US$ 60370 million by 2029, at a CAGR of 3.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A valve is a device or natural object that regulates, directs or controls the flow of a fluid (gases, liquids, fluidized solids, or slurries) by opening, closing, or partially obstructing various passageways. Valves are technically fittings, but are usually discussed as a separate category. In an open valve, fluid flows in a direction from higher pressure to lower pressure.
This report aims to provide a comprehensive presentation of the global market for Valve, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Valve. This report contains market size and forecasts of Valve in global, including the following market information:
Global Valve Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)

At present, global valve leaders are mainly concentrated in North America, Japan and Germany. Famous global valve companies mainly include Emerson, IMI, KITZ Group, Flowserve, GE, Crane Company, Metso, Cameron (Schlumberger) and KSB Group, with about 13% market shares.
We surveyed the Valve companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:

Global Valve Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Valve Market Segment Percentages, by Type, 2022 (%)
  • Shut-off Valve
  • Control Valve
  • Vent Valve
  • Diverter Valve
  • Others
Global Valve Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Valve Market Segment Percentages, by Application, 2022 (%)
  • Oil & Gas
  • Chemical
  • Electric Power
  • Municipal Water & Water Treatment
  • General Industry
  • Others
Global Valve Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Valve Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Valve revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies Valve revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Emerson
  • IMI
  • Kitz Group
  • Flowserve
  • GE
  • Crane Company
  • Metso
  • Cameron (Schlumberger)
  • KSB Group
  • Velan
  • Neway Valve
  • Sanhua
  • Yuanda Valve Group
  • Watts
  • Honeywell International
  • Brkert Fluid Control Systems
  • AVK Group
  • Circor Energy
  • Johnson Controls
  • Dunan
  • Beijing Valve General Factory Co.,Ltd
  • CNNC SUFA Technology Industry Co.,Ltd
  • Sichuan Feiqiu Group
  • Chaoda Valves Group
  • Dazhong Valve Group
  • Boteli
  • Jiangsu Shentong Valve Co.,Ltd
  • Weflo Valve Company Ltd
  • Shanghai Valve Factory Co.,Ltd
Outline of Major Chapters:

Chapter 1: Introduces the definition of Valve, market overview.
Chapter 2: Global Valve market size in revenue.
Chapter 3: Detailed analysis of Valve company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Valve in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.