Industrial Valves are the mechanical devices which controls or regulates the pressure or flow of gases, liquids that are running through the piping system. The industrial valves are also referred as regulators and can be implanted for multiple applications. The industrial valves can be differentiated through various methods including valve function and control mechanism.

The factors responsible for driving the growth of global industrial valves market include the ease in maintenance, ability to maintain pressure, reduced operating cost and improved safety. The increasing initiatives for developing smart cities along with the increasing industrial sector is further propelling the growth of global industrial valves in the forecast period. In addition, the enhanced accuracy, reliability, the need of little maintenance and the leak proof service provided are some factors fuelling the growth of global industrial valves market. The growing refineries and the petrochemical plants along with implementation of advanced technologies in the industrial valves is further paving a way for industrial valves in the market. However, the factors responsible for hindering the growth of global industrial valves include the high fabrication cost and the lack of government policies and standardized certifications.

On the basis of geography, Asia-pacific is expected to grow at a highest growth rate in the forecast period owing to the growing population leading to the high demand for the power generation further leading to the demand for the industrial valves in the region. The rising industrial sectors and the increasing demand for water treatment in this region is driving the industrial valves market.

Various notable players operating in the global industrial valves market including Emerson, Cameron- Schlumberger, IMI PLC, Flowserve Corporation, Weir Group PLC, Spirax Sarco, Crane Co., Kitz Corporation, Metso Corporation and Neway Valve among others.

The global industrial valves market has been segmented on the basis of type, material, size, industry vertical and key geographies. Based on type, the market is segmented into ball valves, gate valves, globe valves, butterfly valves, check valves, diaphragm valves and others. Based on material, the market is segmented into cast iron, steel, cryogenic, alloys and others. Based on size, the market is segmented into upto 1”, 1”-6”, 6”-25”, 25”-50” and 50” & larger. Based on industry vertical, the market is segmented into oil& gas, energy& power, water& wastewater management, food& beverages, chemicals, pharmaceuticals, construction, agriculture and others.

Key questions answered in this research report:
1- At what pace is global industrial valves market growing? What will be the growth trend in the future?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global industrial valves market?
4- What are the various application areas and how they are poised to grow?

Market Segmentation
By Type
• Ball Valves
• Gate Valves
• Globe Valves
• Butterfly Valves
• Check Valves
• Diaphragm Valves
• Others

By Material
• Cast Iron
• Steel
• Cryogenic
• Alloys
• Others

By Size
• Upto 1”
• 1”-6”
• 6”-25”
• 25”-50”
• 50” & larger

By Industry Vertical
• Oil& Gas
• Energy& Power
• Water& Wastewater Management
• Food& Beverages
• Chemicals
• Pharmaceuticals
• Construction
• Agriculture
• Others

By Geography
• North America
As a part of the customization
o By Type
o By Material
o By Size
o By Industry Vertical
o US
o Canada
o Mexico

• Europe
As a part of the customization
o By Type
o By Material
o By Size
o By Industry Vertical
o UK
o Germany
o Spain
o Rest of Europe

• Asia-Pacific
As a part of the customization
o By Type
o By Material
o By Size
o By Industry Vertical
o China
o Australia
o India
o Rest of APAC

• ROW
As a part of the customization
o By Type
o By Material
o By Size
o By Industry Vertical
o Brazil
o South Africa
o GCC countries
o Rest of world (remaining countries of the LAMEA region)

Leading market players
• Emerson
• Cameron- Schlumberger
• IMI PLC
• Flowserve Corporation
• Weir Group PLC
• Spirax Sarco
• Crane Co.
• Kitz Corporation
• Metso Corporation
• Neway Valve