How big is the Valve Market in the world | Industry Trends & Forecast 2025

Code: MTA9641 Publication Date: Sep 2025

How big is the Valve Market in the world?

According to 6Wresearch internal database and industry insights, the Valve Market was estimated at USD 35.6 billion in 2024 and is projected to reach USD 62.1 billion by 2031, expanding at a CAGR of 8.7% during the forecast period 2025-2031.

Due to Increased demand from the oil and gas, power generation, and water treatment sectors, growing use of automated and smart valves, improvements in valve materials and designs, and an increase in infrastructure and industrial projects are some of the factors driving the market growth.

Key Growth Drivers of the Valve Market

  • The demand from the chemical, power, and oil and gas industries
  • Increasing use of smart and automated valve solutions
  • Developments in high-performance, corrosion-resistant materials
  • Infrastructure, municipal, and industrial project expansion
  • Increased attention to pipeline safety and operational efficiency
  • Growing demand for dependable and low-maintenance valve solutions

Valve Market Trends

Valve Market is witnessing significant growth with notable trends such as increasing adoption of electric and smart actuated valves for process automation. Rising demand for compact and high-performance valves in chemical, oil & gas, and power industries is noticeable. The focus on energy-efficient and low-leakage valves is boosting adoption.

It is increasingly typical to integrate valves with IoT and predictive maintenance systems. Demand is being driven by expansion in marine, water management, and HVAC applications. Multifunctional valves that combine isolation, safety, and control features are becoming more popular. Market expansion is also being aided by growing investments in infrastructure development and industrial upgrades.

Emerging Developments in the Valve Market

Valve Market is evolving with continuous advancements in automated, electric, and smart valve technologies. High-performance materials for high pressures and temperatures are still being developed. The market is being shaped by growing integration with AI-driven monitoring and digital control systems.

Innovations are being propelled by partnerships between industrial automation solution providers and valve manufacturers. The adoption of valves is being aided by the expansion of water infrastructure and renewable energy projects. There is a growing emphasis on environmentally friendly, low-maintenance, and corrosion-resistant valves. Additionally, producers are spending money on small, multipurpose valves to increase productivity in a variety of sectors.

List of Leading Companies in the Valve Market

Some of the leading companies include:

  • Emerson Electric Co.
  • Flowserve Corporation
  • Crane Co.
  • IMI Plc
  • Velan Inc.
  • Cameron (Schlumberger)
  • Metso Corporation

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