Market Forecast By Function (On-off/Isolation, Control), By Material (Steel, Cast Iron, Cryogenic, Alloy Based, Others), By Types (Ball Valves, Butterfly Valves, Check Valves, Diaphragm Valves, Gate Valves, Globe Valves, Plug Valves, Safety Valves), By Size (Up To 1”, 1-6”, 6-25”, 25-50”, 50” and Larger), By End-user Industry (Oil & Gas, Water & Wastewater Treatment, Energy & Power, Food & Beverages, Chemicals, Building & Construction, Pulp & Paper, Others) And Competitive Landscape
Product Code: ETC022795 | Publication Date: Oct 2020 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australia Industrial Valves market currently, in 2023, has witnessed an HHI of 1614, Which has increased slightly as compared to the HHI of 1336 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Australia Industrial Valves Market report thoroughly covers the market by function, by material, by types, by size, and by end user industry. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The industrial valves market in Australia plays a crucial role in this economy by providing solutions for various applications such as oil and gas, chemical, power generation, water treatment, and others. The increasing use of environmentally friendly valves. These valves are designed to minimize emissions and reduce environmental impact, aligning with the growing focus on sustainability and green solutions in various industries.
According to 6Wresearch, the Australia Industrial Valves Market size is estimated to reach at a CAGR of 5.3% during the forecast period 2025-2031. An increased investments in infrastructure development projects, growing demand for energy, and rising concerns over environmental protection. The Australian government has been actively investing in various infrastructure projects to support economic growth, which has led to a significant demand for industrial valves. Moreover, the increasing demand for energy in Australia has resulted in a higher need for oil and gas exploration, leading to a rise in the number of installations of industrial valves. Additionally, with growing concerns over environmental protection, there is an increased focus on efficient and environmentally friendly solutions, which has further boosted the demand for industrial valves. The industrial valves market in Australia is witnessing some significant trends that are shaping the industry's future. One such trend is the adoption of smart valves, which use sensors and advanced technologies to monitor and control valve operations remotely. This enables improved efficiency and reduced downtime, making them increasingly popular among end-users is projected to bolster the Australia Industrial Valves Market growth.
The Australian government has introduced several initiatives aimed at supporting the growth and development of the industrial valves market. These include regulations to ensure the safety and quality of industrial valves, as well as incentives for companies developing sustainable and innovative valve technologies. Such policies are designed to foster an environment conducive to advancements in the sector.
Several key players dominate the industrial valves market in Australia, contributing significantly to the industry's growth. Companies like Emerson Electric Co., Flowserve Corporation, and Weir Group PLC are at the forefront, offering a wide range of products and solutions that cater to the diverse needs of various industries.
The Australia Industrial Valves industry is likely to expand. The integration of IoT and AI technologies into valve manufacturing and operation is expected to open new avenues for innovation, enhancing efficiency and predictive maintenance capabilities. Furthermore, the focus on sustainability and the adoption of green technologies will continue to shape market trends, driving demand for environmentally friendly valves.
According to Dhaval, Research Manager, 6Wresearch, the cryogenic segment is the only one experiencing consistent growth in the market, driven by the increasing demand for liquefied natural gas (LNG) and the necessity for valves that can operate effectively at extremely low temperatures. Cryogenic valves are crucial in applications where gases like LNG are stored and transported, requiring specialized materials and designs to ensure efficiency and safety.
Based on the end user industry, the Oil & Gas sector stands out as the only one experiencing consistent growth within the market. This sector’s expansion is influenced by the increasing role as a global leader in LNG production, which requires a substantial investment in infrastructure, including valves that can withstand the unique challenges of oil and gas extraction and processing.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Industrial Valves Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Industrial Valves Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Industrial Valves Market - Industry Life Cycle |
3.4 Australia Industrial Valves Market - Porter's Five Forces |
3.5 Australia Industrial Valves Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.6 Australia Industrial Valves Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Australia Industrial Valves Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.8 Australia Industrial Valves Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.9 Australia Industrial Valves Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Australia Industrial Valves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Industrial Valves Market Trends |
6 Australia Industrial Valves Market, By Types |
6.1 Australia Industrial Valves Market, By Function |
6.1.1 Overview and Analysis |
6.1.2 Australia Industrial Valves Market Revenues & Volume, By Function, 2021-2031F |
6.1.3 Australia Industrial Valves Market Revenues & Volume, By On-off/Isolation, 2021-2031F |
6.1.4 Australia Industrial Valves Market Revenues & Volume, By Control, 2021-2031F |
6.2 Australia Industrial Valves Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Australia Industrial Valves Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 Australia Industrial Valves Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.2.4 Australia Industrial Valves Market Revenues & Volume, By Cryogenic, 2021-2031F |
6.2.5 Australia Industrial Valves Market Revenues & Volume, By Alloy Based, 2021-2031F |
6.2.6 Australia Industrial Valves Market Revenues & Volume, By Others, 2021-2031F |
6.3 Australia Industrial Valves Market, By Types |
6.3.1 Overview and Analysis |
6.3.2 Australia Industrial Valves Market Revenues & Volume, By Ball Valves, 2021-2031F |
6.3.3 Australia Industrial Valves Market Revenues & Volume, By Butterfly Valves, 2021-2031F |
6.3.4 Australia Industrial Valves Market Revenues & Volume, By Check Valves, 2021-2031F |
6.3.5 Australia Industrial Valves Market Revenues & Volume, By Diaphragm Valves, 2021-2031F |
6.3.6 Australia Industrial Valves Market Revenues & Volume, By Gate Valves, 2021-2031F |
6.3.7 Australia Industrial Valves Market Revenues & Volume, By Globe Valves, 2021-2031F |
6.3.8 Australia Industrial Valves Market Revenues & Volume, By Safety Valves, 2021-2031F |
6.3.9 Australia Industrial Valves Market Revenues & Volume, By Safety Valves, 2021-2031F |
6.4 Australia Industrial Valves Market, By Size |
6.4.1 Overview and Analysis |
6.4.2 Australia Industrial Valves Market Revenues & Volume, By Up To 1, 2021-2031F |
6.4.3 Australia Industrial Valves Market Revenues & Volume, By 1-6, 2021-2031F |
6.4.4 Australia Industrial Valves Market Revenues & Volume, By 6-25, 2021-2031F |
6.4.5 Australia Industrial Valves Market Revenues & Volume, By 25-50, 2021-2031F |
6.4.6 Australia Industrial Valves Market Revenues & Volume, By 50 and Larger, 2021-2031F |
6.5 Australia Industrial Valves Market, By End-user Industry |
6.5.1 Overview and Analysis |
6.5.2 Australia Industrial Valves Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.3 Australia Industrial Valves Market Revenues & Volume, By Water & Wastewater Treatment, 2021-2031F |
6.5.4 Australia Industrial Valves Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.5.5 Australia Industrial Valves Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.5.6 Australia Industrial Valves Market Revenues & Volume, By Chemicals, 2021-2031F |
6.5.7 Australia Industrial Valves Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.5.8 Australia Industrial Valves Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 Australia Industrial Valves Market Revenues & Volume, By Others, 2021-2031F |
7 Australia Industrial Valves Market Import-Export Trade Statistics |
7.1 Australia Industrial Valves Market Export to Major Countries |
7.2 Australia Industrial Valves Market Imports from Major Countries |
8 Australia Industrial Valves Market Key Performance Indicators |
9 Australia Industrial Valves Market - Opportunity Assessment |
9.1 Australia Industrial Valves Market Opportunity Assessment, By Function, 2021 & 2031F |
9.2 Australia Industrial Valves Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Australia Industrial Valves Market Opportunity Assessment, By Types, 2021 & 2031F |
9.4 Australia Industrial Valves Market Opportunity Assessment, By Size, 2021 & 2031F |
9.5 Australia Industrial Valves Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Australia Industrial Valves Market - Competitive Landscape |
10.1 Australia Industrial Valves Market Revenue Share, By Companies, 2024 |
10.2 Australia Industrial Valves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |