# Industrial Valves Market is expected to grow at a CAGR of ~4% : FMI
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-01-10
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Industrial Valves Market Report 2019
Meta Description: Discover how the global industrial valves market is set to expand with new water sources, chemical industry growth, and automation advancements. Get ahead with
URL: https://financedigest.com/industrial-valves-market-is-expected-to-grow-at-a-cagr-of-4-fmihtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/research-report-2-1736836462276-compressed.jpg)

Up from the revenues worth **US$61 Bn** registered in 2018, the global market for [industrial valves](https://www.futuremarketinsights.com/reports/industrial-valve-market) is projected to witness modest growth by the end of 2019. A new market research report by Future Market Insights (FMI) suggests that the increasing exploration activities for new water sources will predominantly favour the growth of market over coming years.

The steady expansion of chemical industry and revival of oil & gas industry are also likely to play a crucial role in pushing sales of industrial valves at a global level. FMI’s report shows that abundant opportunities exist in chemical, and water & wastewater industries.

**To remain ‘ahead’ of your competitors, request for a sample @**

[**https://www.futuremarketinsights.com/reports/sample/rep-gb-4162**](https://www.futuremarketinsights.com/reports/sample/rep-gb-4162)

**With the onset of Industry 4.0 and the reciprocating shift of industries towards automation, the industrial valves landscape is compelled to move beyond its traditional, old-school valve engineering models. Although manually operated valves still account for almost 2/3** **rd** **of total sales, [FMI foresees a rapidly progressing market](https://www.financedigest.com/fmi-finds-the-market-is-fuelled-by-rising-internet-usage-and-explosion-of-digital-payments-india-online-grocery-market-is-to-register-a-32-7-of-cagr-through-2032.html "FMI Finds, The Market is Fuelled by Rising Internet Usage and Explosion of Digital Payments; India Online Grocery Market is to Register a 32.7% of CAGR Through 2032") scenario for automated valves in the next few years.**

By type, the gate type of industrial valves segment is [expected](https://www.financedigest.com/german-industrial-orders-rise-more-than-expected-in-february.html "German industrial orders rise more than expected in February") to hold prominent value shares of the global industrial valves market. The globe valve segment is expected to be the prominent segment throughout the forecast period. Gate valves, closely trailed by globe and ball valves, are identified to remain the sought-after industrial valve types throughout the forecast period. Several manufacturers are, however, focusing on investments in globe industrial valves. [FMI’s research also highlights visibly growing market](https://www.financedigest.com/automotive-wiring-harness-market-is-expected-to-grow-at-considerable-cagr-of-7-9-through-2032-fmi-reveals-key-details.html "Automotive Wiring Harness Market is expected to Grow at considerable CAGR of 7.9% through 2032: FMI reveals key details") attractiveness of butterfly valves across industries.

The analysis of [industrial valves market](https://www.financedigest.com/medical-and-industrial-gloves-market.html "Medical And Industrial Gloves Market") based on materials reveals cast steel, carbon steel, and stainless steel remain the preferred materials among manufacturers of industrial valves, which collectively account for ~85% shares in the revenues. Bronze is likely to emerge lucrative as a material of choice, over the years to come, as shown by report findings.

**For critical insights on this market, request to ask an expert here @**

[**https://www.futuremarketinsights.com/ask-question/rep-gb-4162**](https://www.futuremarketinsights.com/ask-question/rep-gb-4162)

**Market in APEJ Projected for Remunerative Growth**

The market in Asia Pacific excluding Japan (APEJ) is [expected to exhibit lucrative growth potential in the global industrial valves market](https://www.financedigest.com/fresh-figs-market-expected-to-expand-more-than-three-fold-through-2032.html "Fresh Figs Market Expected to Expand More than Three-Fold through 2032") over the forecast period of 2019-2029. According to the report, this growth is propelled by the rapid growth in the oil & gas industry in countries of APEJ such as India and China, and ASEAN Countries, among others. The economic condition of these countries have been positively developing.

Owing to the effects of macroeconomic factors such as growing population, urbanisation, and rapid industrialisation, the confidence of investors and [investments in housing and other residential projects](https://www.financedigest.com/investing-trends-and-projections-for-2023.html "Investing Trends and Projections for 2023") across APEJ has increased drastically. The region’s chemical has considerable momentum over the past few years. This overall scenario is translating into modest growth in the demand for valves across the multiple industries, eventually pushing the market growth potential of APEJ.

**Industrial Valves Market: Vendor Insights**

The report [highlights some of the prominent market](https://www.financedigest.com/atlantia-exit-highlights-milans-battle-to-retain-market-heavyweights.html "Atlantia exit highlights Milan’s battle to retain market heavyweights") players, who have established themselves as leaders in the global industrial valves market such as GE Company, Emerson, Flowserve Corporation, Schlumberger Limited, TechnipFMC Plc, KSB SE & Co. KGaA, x KITZ Corporation, Alfa Laval Corporate AB, Curtiss-Wright Corp., CIRCOR International, Inc., IMI Plc, Mercer Valve Co., Inc., National, Oilwell Varco, Inc., Weir Group Plc., Neway Valves, AVK International A/S, Flowserve Corporation, and LESER GmbH & Co. KG, among others.

The global industrial valves market is significantly consolidated, with some players holding prominent shares of the market. These players are offering [industrial valves under their popular brands](https://www.financedigest.com/gumgum-announces-industrys-first-100-brand-safe-ad-exchange.html "GumGum Announces Industry’s First 100% Brand Safe Ad Exchange") such as Cameron, and World Valves, among others.

**For More Information or Query or Customization Before Buying, Visit:**

[**https://www.futuremarketinsights.com/customization-available/rep-gb-4162**](https://www.futuremarketinsights.com/customization-available/rep-gb-4162)

**Industrial Valves Market – Key Research Findings**

1. The global industrial valves market size in 2018 was **~US$61 Bn.**
2. The industrial valves [market is expected to grow at a CAGR](https://www.financedigest.com/digital-pathology-market-is-expected-to-reach-us-22870-2-million-by-2032-at-a-cagr-of-13-5.html "Digital Pathology Market is expected to reach US$ 22,870.2 Million by 2032 at a CAGR of 13.5%") of ~4% during the forecast period of 2019-2029.
3. Besides adoption of automatic functions of valves, the increasing demand for manual structures has been recently [driving the sales](https://www.financedigest.com/apples-weak-iphone-sales-drive-first-profit-miss-since-2016.html "Apple’s weak iPhone sales drive first profit miss since 2016") of industrial valves.
4. Collectively, Asia Pacific Excel. Japan and North America are likely to account for ~70% of the revenue shares in the industrial valves industry by the end of 2029.
   - North America, attributed to the powerful presence of the oil & gas industry, will [continue to be a prominent regional market](https://www.financedigest.com/adnami-appoints-senior-executives-in-french-and-german-speaking-markets-as-hiring-spree-continues.html "Adnami appoints senior executives in French and German speaking markets as hiring spree continues") for industrial valves manufacturers.
5. The oil & gas industry is estimated to remain the prominent end-use industry for industrial valves market players.
   - The oil & gas industry has witnessed significant growth in the recent past, and the revival of the oil & gas sector has been noteworthy.
   - Noteworthy [application potential of industrial](https://www.financedigest.com/application-security-in-the-finance-industry-what-you-should-know.html "Application Security in the Finance Industry: What You Should Know") valves has been identified in the water & wastewater treatment.

**Explore wide-ranging Coverage of [FMI’s Industrial Automation Market](https://www.financedigest.com/upper-limb-prosthetics-market-valuation-of-us-505-million-by-the-year-2028-at-a-cagr-of-4-9-from-2022-to-2028-fmi.html "Upper Limb Prosthetics Market valuation of US$ 505 Million by the year 2028, at a CAGR of 4.9% from 2022 to 2028 | FMI") Insights Landscape**

[Laser Safety Glass Market](https://www.futuremarketinsights.com/reports/laser-safety-glasses-market) –Gobal sales of laser safety glass are projected to reach 6.3 Mn units by the end of 2029, which translates into a robust 10% volume CAGR during the forecast period (2019-2029)

[Odour Control System Market](https://www.futuremarketinsights.com/reports/odour-control-system-market) – The market value of global odour control system in 2019 is estimated at ~ US$ 1. During the forecast period of 2019-2029, the odour control system [market is anticipated to grow at a CAGR](https://www.financedigest.com/plant-based-protein-market-is-expected-to-grow-at-a-cagr-of-around-7-2-during-2022-to-2032-future-market-insights-inc.html "Plant-Based Protein Market is expected to grow at a CAGR of around 7.2% during 2022 to 2032 | Future Market Insights Inc.") of ~5%.

[Poultry Keeping Machinery Market](https://www.futuremarketinsights.com/reports/poultry-keeping-machinery-market) – The market value of global poultry keeping machinery was valued at ~US$ 4.5 Bn in 2018.During the forecast period of 2019-2029, the [market for poultry keeping machinery is anticipated to grow at a CAGR](https://www.financedigest.com/mobile-application-stores-market-is-likely-to-grow-at-a-cagr-of-20-during-2022-to-2032-future-market-insights-inc.html "Mobile Application Stores Market is likely to grow at a CAGR of 20% during 2022 to 2032 | Future Market Insights Inc.   ") of ~3%.

**About [Future Market Insights](https://www.financedigest.com/kombucha-tea-market-is-expected-to-register-a-12-3-cagr-between-2022-and-2032-analysis-by-future-market-insights-inc.html "Kombucha Tea Market is expected to register a 12.3% CAGR between 2022 and 2032 | Analysis by Future Market Insights Inc.") (FMI)**

[Future Market Insights](https://www.financedigest.com/premium-chocolate-market-is-expected-to-have-a-cagr-of-8-8-through-2032-future-market-insights-inc.html "Premium Chocolate Market is Expected to have a CAGR of 8.8% through 2032 | Future Market Insights Inc. ") (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. [FMI’s latest market research reports](https://www.financedigest.com/nutraceutical-excipients-market-worth-us-2186-2-mn-by-2031-exclusive-report-by-fmi.html "Nutraceutical Excipients Market Worth US$ 2186.2 Mn by 2031 – Exclusive Report by FMI") and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: [sales@futuremarketinsights.com](mailto:sales@futuremarketinsights.com)

For Media Enquiries: [press@futuremarketinsights.com](mailto:press@futuremarketinsights.com)

Website: [https://www.futuremarketinsights.com](https://www.futuremarketinsights.com)

Report: [https://www.futuremarketinsights.com/reports/Industrial-Valve-Market](https://www.futuremarketinsights.com/reports/Industrial-Valve-Market)

Press Release Source: [https://www.futuremarketinsights.com/press-release/Industrial-Valve-Market](https://www.futuremarketinsights.com/press-release/Industrial-Valve-Market)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---