Control Valve Market Size, Share, Opportunities, and Trends By Type (Gate Valves, Globe Valves, Ball Valves, Butterfly Valves, Diaphragm Valves, Plug Valves, Others), By Application (Flow Control, Pressure Control, Temperature Control, Level Control, Others), By End-User (Oil and Gas, Water and Wastewater, Power Generation, Chemical Processing, Food and Beverage, Pharmaceuticals, Others), and By Geography – Forecasts From 2025 to 2030

  • Published : Apr 2025
  • Report Code : KSI061610214
  • Pages : 147
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Control Valve Market Size:

The control valve market will grow at a CAGR of 6.06% to be valued at US$12.454 billion in 2030 from US$9.279 billion in 2025.

Control Valve Market Highlights:

  • Control valve market grows with automation, energy demand, and infrastructure expansion.
  • Asia Pacific leads, driven by China and India’s oil and gas investments.
  • Rotary valves and oil and gas segments dominate due to versatility, demand.
  • High costs and skill shortages challenge adoption in developing regions.

control valve market size

The control valve market is a cornerstone of industrial process automation, providing critical components for regulating fluid flow, pressure, temperature, and level across a wide range of industries. These power-operated devices manage the movement of liquids, gases, and steam, ensuring operational efficiency, safety, and compliance with stringent regulatory standards in sectors such as oil and gas, water and wastewater, power generation, chemical processing, food and beverage, and pharmaceuticals.

The market is segmented by type into linear (globe, gate, diaphragm, others) and rotary (ball, butterfly, plug, others) valves, by material (stainless steel, cast iron, others), by application (flow control, pressure control, temperature control, level control, others), by end-user (oil and gas, water and wastewater, power generation, chemical processing, food and beverage, pharmaceuticals, others), and by geography (North America, South America, Europe, Middle East and Africa, Asia Pacific).

Driven by rapid industrialization, technological advancements, and growing energy demands, the control valve market is experiencing robust growth. This report provides a comprehensive introduction for industry experts, offering insights into market drivers, restraints, geographical trends, and key segment analyses, supported by recent industry developments and authoritative sources, with a focus on avoiding outdated data.

Control Valve Market Overview:

Control valves are essential for optimizing industrial processes by precisely controlling fluid dynamics. Linear valves, such as globe and diaphragm valves, excel in applications requiring fine throttling, such as chemical processing and water treatment, while rotary valves, including ball and butterfly valves, are preferred for high-flow, high-pressure applications like oil and gas pipelines due to their durability and cost-effectiveness. Materials like stainless steel and cast iron are widely used for their corrosion resistance and longevity, with stainless steel dominating in harsh environments. The market’s applications—flow, pressure, temperature, and level control—address diverse industrial needs, while end-user segments reflect the critical role of control valves in global infrastructure.

In 2024, the global control valve market was valued at approximately $10 billion, with projections indicating growth to $13 billion by 2029 at a compound annual growth rate (CAGR) of 5.4%, driven by increasing automation and infrastructure investments. Key players like Emerson Electric Co., Flowserve Corporation, and Bürkert Fluid Control Systems are advancing the market with smart valves and IoT-enabled solutions that enhance real-time monitoring and efficiency. The market’s growth is further supported by regulatory pressures to reduce emissions and improve energy efficiency, positioning control valves as vital components in modern industrial systems.

Control Valve Market Growth Drivers:

Several factors are fueling the growth of the control valve market:

  1. Advancements in Industrial Automation: The adoption of Industry 4.0 technologies, including IoT and AI, drives demand for smart control valves with digital monitoring capabilities. These valves optimize processes and reduce downtime in industries like oil and gas and power generation.

  2. Growing Energy Demand: Rising global energy consumption, particularly in emerging economies, boosts investments in oil and gas infrastructure. For example, in 2023, Norway approved 19 oil and gas projects worth over $19 billion, increasing demand for control valves.

  3. Stringent Environmental Regulations: Governments are enforcing stricter emissions standards. In 2023, the U.S. Environmental Protection Agency (EPA) mandated replacing traditional actuators with electric ones to reduce methane and volatile organic compound (VOC) emissions, spurring valve upgrades.

  4. Infrastructure Expansion: Rapid urbanization and industrial growth in Asia Pacific and the Middle East drive demand for control valves in water treatment, power generation, and chemical processing facilities.

Control Valve Market Restraints:

The control valve market faces several challenges:

  1. High Upfront Costs: Smart control valves with IoT and automation features require significant investment, which can be a barrier for small and medium-sized enterprises, particularly in developing regions.

  2. Skilled Labor Shortages: Operating and maintaining advanced valve systems demands technical expertise, and a lack of trained personnel in some regions slows adoption.

  3. Complex Standardization: Variations in valve specifications across industries increase manufacturing complexity and costs, hindering scalability.

Control Valve Market Geographical Analysis:

  • Asia Pacific

The Asia Pacific region leads the control valve market, accounting for approximately 38% of global demand in 2024, driven by rapid industrialization, urbanization, and infrastructure development in countries like China, India, and Southeast Asian nations. China, a global manufacturing hub, relies heavily on control valves for its chemical, oil and gas, and power generation sectors. In 2024, China’s chemical industry output reached $220 billion, with significant investments in process automation driving valve demand. India’s power sector, bolstered by a $42 billion government investment in 2021–2022 for electricity infrastructure, fuels the adoption of control valves for energy applications.

The oil and gas segment dominates in Asia Pacific, driven by pipeline expansions and refinery upgrades, such as India’s $7 billion refinery project announced in 2023. The flow control application segment is also prominent, as precise fluid regulation is critical in chemical processing and water treatment plants. Government initiatives, like India’s Make in India program, and growing automation in Thailand and Indonesia further support market growth.

  • North America

North America is a key market for control valves, with the U.S. leading due to its advanced industrial base and early adoption of smart technologies. In 2024, the U.S. control valve market was valued at $1.75 billion, with projections to reach $2.30 billion by 2029 at a CAGR of 5.7%. The region’s strong oil and gas sector, driven by shale oil exploration and increasing rig counts, fuels demand. For instance, the U.S. reported 621 active rigs in early 2024, supporting valve applications in drilling and pipelines. The oil and gas segment dominates, with control valves critical for upstream and midstream operations, while the rotary valve segment, particularly butterfly and ball valves, leads due to their reliability in high-pressure environments. Innovations like Emerson’s Fisher Whisper Trim Technology, launched in November 2023, enhance valve performance in challenging conditions, reinforcing North America’s leadership in technological advancements.

Control Valve Market Segment Analysis:

  • Rotary Valves

The rotary valve segment, including ball, butterfly, and plug valves, held the largest market share in 2024, accounting for approximately 35% of the global control valve market. Rotary valves are valued for their compact design, cost-effectiveness, and ability to handle high-flow and corrosive fluids, making them ideal for industries like oil and gas, water and wastewater, and food and beverage. Butterfly valves, in particular, are widely adopted for their low maintenance and suitability for large-scale applications. In February 2024, Bürkert Fluid Control Systems introduced Type 6440 safety shut-off and Type 6020 proportional control valves for hydrogen fuel cells, advancing rotary valve technology. The segment’s growth is driven by increasing automation and demand for reliable flow control in high-pressure environments, with oil and gas applications accounting for a significant portion of demand in 2024.

  • Oil and Gas End-User Segment

The oil and gas segment is the largest end-user category, representing 17% of the control valve market in 2024, driven by global energy demand and exploration activities. Control valves are essential in upstream (drilling), midstream (pipelines), and downstream (refining) operations, regulating flow, pressure, and temperature. Norway’s $19 billion investment in 19 oil and gas projects in 2023 highlights the sector’s reliance on advanced valves. Smart valves with IoT-enabled monitoring, such as Emerson’s ASC Series 158 Gas Valve, launched in February 2020, improve safety and efficiency in burner-boiler applications. The segment’s dominance is expected to persist as emerging economies like India and China invest in hydrocarbon infrastructure, with Egypt’s $2.5 billion oil refinery project in 2023 further driving demand.

Control Valve Market Key Developments:

  • Emerson’s Fisher Whisper Trim Technology: In November 2023, Emerson Electric Co. launched Fisher Whisper Trim Technology for rotary and globe valves, improving noise reduction and performance in oil and gas applications.

  • Bürkert’s Valve Launch: In February 2024, Bürkert Fluid Control Systems introduced Type 6440 safety shut-off and Type 6020 proportional control valves for hydrogen fuel cells, enhancing safety and efficiency.

  • India’s Water Management Initiative: In 2023, the Gurugram Metropolitan Development Authority (GMDA) launched a project to manage water systems in Basai and Dhanwapur, using control valves for drinking water regulation.

  • Egypt’s Refinery Project: In 2023, Egypt announced a $2.5 billion oil refinery project, increasing demand for control valves in downstream processing.

List of Top Control Valve Companies:

  • Emerson Electric Co.
  • Flowserve Corporation
  • Honeywell International Inc.
  • Schlumberger Limited
  • IMI plc

Control Valve Market Segmentations:

Control Valve Market Segmentation by type:

The market is segmented by type as follows:

  • Linear
    • Globe Valves
    • Gate Valves
    • Diaphragm Valves
    • Others
  • Rotary
    • Ball Valves
    • Butterfly Valves
    • Plug Valves
    • Others

By Material

  • Stainless Steel
  • Cast Iron

Control Valve Market Segmentation by application:

The market is analyzed by application:

  • Flow Control
  • Pressure Control
  • Temperature Control
  • Level Control
  • Others

Control Valve Market Segmentation by end-user segment:

The report analyzes the market by end-user segment:

  • Oil and Gas
  • Water and Wastewater
  • Power Generation
  • Chemical Processing
  • Food and Beverage
  • Pharmaceuticals
  • Others

Control Valve Market Segmentation by regions:

The study also analysed the control valve market into the following regions, with country-level forecasts and analysis as below:

  • North America (US, Canada, and Mexico)
  • South America (Brazil, Argentina, and Others)
  • Europe (Germany, UK, France, Spain, Italy, and Others)
  • Middle East and Africa (Saudi Arabia, UAE, and Others)
  • Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Control Valve Market Scope:

Report Metric Details
Control Valve Market Size in 2025 US$9.279 billion
Control Valve Market Size in 2030 US$12.454 billion
Growth Rate CAGR of 6.06%
Study Period 2020 to 2030
Historical Data 2020 to 2023
Base Year 2024
Forecast Period 2025 – 2030
Forecast Unit (Value) USD Billion
Segmentation
  • Type
  • Application
  • End-User
  • Geography
Geographical Segmentation North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Control Valve Market
  • Emerson Electric Co.
  • Flowserve Corporation
  • Honeywell International Inc.
  • Schlumberger Limited
  • IMI plc
Customization Scope Free report customization with purchase

 


Frequently Asked Questions (FAQs)

The global control valve market is expected to grow at a CAGR of 6.06% during the forecast period.

Control Valve Market was valued at US$9.279 billion in 2025.

The control valve market is expected to reach a market size of US$12.454 billion by 2030.

The Asia Pacific region leads the control valve market.

Driven by rapid industrialization, technological advancements, and growing energy demands, the control valve market is experiencing robust growth.

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. CONTROL VALVE MARKET BY TYPE

5.1. Linear

5.1.1. Globe Valves

5.1.2. Gate Valves

5.1.3. Diaphragm Valves

5.1.4.  Others

5.2. Rotary

5.2.1. Ball Valves

5.2.2. Butterfly Valves

5.2.3. Plug Valves

5.2.4. Others

6. CONTROL VALVE MARKET BY MATERIAL

6.1. Introduction

6.2. Stainless Steel

6.3. Cast Iron

6.4. Others

7. CONTROL VALVE MARKET BY APPLICATION

7.1. Introduction

7.2. Flow Control

7.3. Pressure Control

7.4. Temperature Control

7.5. Level Control

7.6. Others

8. CONTROL VALVE MARKET BY END-USER INDUSTRY

8.1. Introduction

8.2. Oil and Gas

8.3. Water and Wastewater

8.4. Power Generation

8.5. Chemical Processing

8.6. Food and Beverage

8.7. Pharmaceuticals

8.8. Others

9. CONTROL VALVE MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. USA

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. United Kingdom

9.4.2. Germany

9.4.3. France

9.4.4. Italy

9.4.5. Spain

9.4.6. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. Japan

9.6.3. India

9.6.4. South Korea

9.6.5. Taiwan

9.6.6. Thailand

9.6.7. Indonesia

9.6.8. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Emerson Electric Co.

11.2. Flowserve Corporation

11.3. Honeywell International Inc.

11.4. Schlumberger Limited

11.5. IMI plc

11.6. Crane Co.

11.7. Samson AG

1.8. Baker Hughes

11.9. Advance Valves

11.10. SAP Valve Industries

11.11. Velan

12. APPENDIX

12.1. Currency 

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology 

12.6. Abbreviations

Emerson Electric Co.

Flowserve Corporation

Honeywell International Inc.

Schlumberger Limited

IMI plc

Crane Co.

Samson AG

Baker Hughes

Advance Valves

SAP Valve Industries

Velan