Valves Market is estimated to be valued at USD 82.17 Bn in 2025 and is expected to reach USD 130.23 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2025 to 2032.
Key Takeaways
Market Overview
Valves are typically used to control and regulate the flow of liquids, gases, and slurries. Valves find major applications in pipelines and piping systems to control the flow of fluid. Increasing government regulations towards workplace safety and emission norms have increased the installation of efficient valves in process and manufacturing industries. Valves can be classified on the basis of how they are actuated: solenoid valve, hydraulic, pneumatic, manual, and motor. One of the most ancient valves is a freely hinged flap, which obstructs the flow of fluid in one direction and can be pushed open by flow in the opposite direction.
Current Events and Their Impact on the Valves Market
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Role of Artificial Intelligence (AI) in the Valves Market
Integration of artificial intelligence in valve industry helps in enhancing various aspects from design and manufacturing to inspection and predictive maintenance. This integration leads to improved efficiency, accuracy, and cost reduction across the valve lifecycle. AI-powered generative design software can create multi-objective optimized valve designs, allowing for efficient and rapid prototyping of new valve types. Machine learning algorithms can analyze experimental or numerical data (like CFD simulations) to identify optimal valve configurations for specific flow performance requirements.
In January 2025, At the SLAS2025 International Conference and Exhibition, Analytical Flow Products introduced a smart rotary shear valve featuring predictive seal loss monitoring, torque and flow sensing, and best position teaching. This AI-enabled valve enhances precision and reliability in automated laboratory processes.
Export Import Analysis of Valves
In 2023, the global valve trade reached $108 billion, marking a 1.14% rise from $107 billion in 2022. Over the past five years, valve trade has grown at an average annual rate of 2.48%. Out of 1,217 traded products in 2023, valves ranked 28th in global trade value, representing 0.48% of total world trade. Based on the Product Complexity Index (PCI), valves were the 77th most complex product among 1,044 items, with a PCI score of 1.35.
Between November 2023 and October 2024, India exported 178,944 shipments of industrial valves through 1,212 exporters to 6,636 buyers, reflecting an 8% increase compared to the previous year. In October 2024 alone, India shipped 14,906 industrial valve exports, showing an 18% year-on-year growth from October 2023 and no change from September 2024.
Valves Market Insights, By Product Type: Ball Valve Segment Acquires the Largest Share Owing to its Versatility and Reliability
In terms of product, the ball valve segment is expected to contribute 25.4% share of the market in 2025, owing to its versatility, reliability, and efficiency in controlling fluid flow across various industries. They are particularly favored for applications involving hazardous materials, where their tight seals and quick shut-off capabilities ensure safety and minimize leakage. Their versatility in design also makes them an affordable choice. Ball valves are worth the investment as they remain durable and functional for a considerable amount of time.
In February 2025, Valmet introduced the Neles™ XH ball valve, the latest addition to its X-series, designed for demanding industrial applications such as chemical processing, petrochemicals, oil and gas refining, and power generation. This trunnion-mounted, metal-seated valve complies with ASME Class 600 standards and ISO 15848 fugitive emissions requirements, ensuring robust performance and environmental compliance.
Valves Market Insights, By Industry: Oil & Gas Dominates the Market Owing to Growing Demand for Pipeline Infrastructure
In terms of industry, the oil & gas segment is expected to have highest share in the market in 2025, driven by pipeline infrastructure. The oil and gas industry requires control valves as critical components for upstream and downstream operations to manage high-pressure systems and volatile substances safely. Treatment facilities use them to manage chemical dosing and maintain flow rates essential for water purification. The oil and gas industry requires control valves as critical components for upstream and downstream operations to manage high-pressure systems and volatile substances safely. Treatment facilities use them to manage chemical dosing and maintain flow rates essential for water purification. Oil and natural gas supply more than 60% of our nation's energy. It takes the right kind of valves to make this amount of usage possible, which is further accelerating the valves market growth.
Valves Market Insights, By Power: Fossil Segment Dominates the Overall Market
In terms of power, the fossil segment is anticipated to hold the largest share in the market in 2025, owing to the extensive valve application across upstream, midstream, and downstream operations, including exploration, production, refining, and transportation. The fossil segment encompasses of, coal & oil, natural gas, and nuclear power. Valves help meet the extreme requirements of the fossil power industry. Benefits include saving time & money, increasing plant reliability and safety.
Regional Insights
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Asia Pacific Valves Market Analysis & Trends
Asia Pacific region had a strong presence in the industry, with the largest market share of over 42.8 % of total revenue, owing to increasing consumption of media and entertainment content, particularly among the middle-class population in the region. Besides this, the industry is also benefiting from the growing demand for technologically advanced plumbing solutions that offer high quality, functionality, and affordable pricing.
In April 2024, Sloan Valve Company, a leader in plumbing solutions, opened its flagship facility in Gurugram via its subsidiary, Sloan India Private Limited.
Europe Valves Market Analysis & Trends
Europe region is projected to leader the market with the highest share in 2025. The valves market in Europe is experiencing constant growth, driven by advancement in automation, energy efficiency mandates and infrastructures modernization within various industries. For instance, German companies have automated 43% of their manufacturing processes, closely followed by the Netherlands at 41% and Italy at 40%. This further propels the valves market demand.
North America Valves Market Analysis & Trends
North America is expected to exhibit the fastest growth in the valves market in 2025. The region is showcases expansion in market growth due to industrial expansion and infrastructure development across key sectors like oil and gas, power generation, and manufacturing. Increasing automation, safety regulations, and advancements in fluid control technology also contribute to this demand. In April 2025, U.S. industrial production increased by 1.50% year-over-year, with utilities leading the growth. For instance, in April 2025, John Deere has announced a USD 20 billion investment over the next decade to expand its U.S. manufacturing capabilities, including new factories and facility upgrades across multiple states, reflecting a significant growth towards industrial and infrastructure development.
United States Valves Market Trends
The United States valves market is experiencing significant growth, driven by several key factors shaping industry demand. One major driver is ongoing infrastructure development across the country. Large-scale projects in sectors such as water treatment, oil and gas pipelines, and renewable energy facilities require reliable and efficient valve systems to ensure safe and continuous operations. For example, expanding pipeline networks in Texas and California are fueling valve demand. Another crucial growth factor is the booming energy sector, particularly shale gas and oil production, which depends heavily on advanced valves for precise fluid control and safety under harsh conditions.
Belimo Americas introduced a new 6-way pressure-independent control valve featuring hydronically decoupled heating and cooling circuits with an innovative ball design. It ensures 100% leakage protection when closed, enhancing efficiency and reducing energy costs.
Market Report Scope
Valves Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2024 | Market Size in 2025: | USD 82.17 Bn |
Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
Forecast Period 2025 to 2032 CAGR: | 6.8% | 2032 Value Projection: | USD 130.23 Bn |
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Major players operating in the global Valves market include Schlumberger Limited, Goodwin International Ltd, Honeywell International Inc., General Electric Company, Emerson Electric Co., Rotork Plc, KITZ Corporation, AVK Holding A/S, Bürkert Fluid Control Systems, and Flowserve Corporation. |
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Global Valves Market Drivers
Global Valves Market Opportunities
Global Valves Market Trends
Key Developments
Analyst Opinion (Expert Opinion)
Market Segmentation
Sources
Primary Research
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*Definition: The global valves market refers to the industry that deals with the production, distribution, and sale of various types of valves used in a wide range of applications across different sectors. Valves are mechanical devices designed to regulate, control, or direct the flow of fluids (liquids, gases, or slurries) through a system of pipes or passageways. These valves play a crucial role in controlling the flow rate, pressure, temperature, and direction of the fluid within pipelines and other industrial processes. They are used in industries such as oil and gas, water and wastewater treatment, power generation, chemical processing, pharmaceuticals, mining, and many more.
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About Author
Ramprasad Bhute is a Senior Research Consultant with over 6 years of experience in market research and business consulting. He manages consulting and market research projects centered on go-to-market strategy, opportunity analysis, competitive landscape, and market size estimation and forecasting. He also advises clients on identifying and targeting absolute opportunities to penetrate untapped markets.
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