Industrial Valves Market - Strategic Insights and Forecasts (2026-2031)

The Industrial Valves Market is set to reach USD 96.0 billion in 2031, growing at a CAGR of 5.0% from USD 75.4 billion in 2026.

Industrial valves support the movement of liquids and fluids in many different industries, including energy, water, chemicals, and manufacturing. Industrial valves also control flow rates, pressures within the system, and safety issues. For instance, municipalities use industrial valves to control the movement of liquid through municipal water pipelines, while the oil and gas industry relies on them for controlling both liquid and gas movements in their pipelines.

Asia-Pacific markets hold a significant share of the global market for industrial valves, with a large amount of capital being spent on projects in the petrochemical, water treatment, power generation, and manufacturing industries. North American and European markets are relatively large as well due to their long-established industrial history, which requires the continued retrofit of ageing systems/applications to meet new, stricter environmental regulations.

Additionally, growth in global industrial production, as measured by the UNIDO Industrial Yearbook, will continue to increase the demand for precision fluid control equipment used throughout all industrial supply chains. There is also a focus by regulatory bodies on safety, emissions reduction, and automation, which will accelerate the use of advanced IoT-enabled valve systems designed to enhance efficiency and compliance with more complex industrial operations.

This figure highlights Emerson Company’s net sales growth from USD 17,492 million in 2024 to USD 18,016 million in 2025, reflecting steady revenue expansion in its automation and process solutions businesses. Emerson is a major global supplier of industrial valves, actuators, and control systems across oil and gas, chemicals, power, and water sectors. Rising net sales indicate sustained capital spending by end-use industries on process equipment and flow control technologies. For the industrial valves market, this trend signals healthy demand conditions, increased project activity, and stronger investment in automation, safety, and efficiency upgrades across industrial infrastructure.

Figure: Emerson Company Net Sales Growth (2024–2025) (USD Million)

Source: Emerson

Market Dynamics

Drivers

• Rising Industrial Automation

Industrial equipment automation is experiencing substantial global growth, as businesses increase their use of advanced robotic systems and computerised and automated control to enhance productivity and competitive advantage through 2025. The World Robotics 2025 Report states that there were 542,000 installed industrial robots worldwide as of 2024. This represents more than double the number of installed industrial robots globally just ten years ago, with over 4,660,000 operational industrial robots worldwide. The largest single area of industrial robot operation was Asia, representing 74% of installed industrial robots globally. This indicates that industrial automation is currently given top priority by the large industrial regions of Europe and the Americas.

Though primarily known for use in high-volume manufacturing, automated and robotic technologies are also being widely adopted across multiple industry sectors to improve production efficiency, quality, and operational resilience. According to industry data analysis, automation technologies have proven to reduce machine downtime, improve resource utilisation, and ensure predictive maintenance. This last data category is especially important to businesses in capital-intensive industries like oil and gas, where having precise control over their fluid operations is critical. Supporting this transition are global governmental and industry organisations that have strategically invested in enhancing industrial productivity and competitiveness by facilitating and promoting the adoption of automated technologies. Policy-related and innovation initiatives emphasize the need to transform digitally and encourage companies to invest in R&D and deploy automated technologies in their manufacturing operations. The support these organisations provide will facilitate increased adoption of industrial automation tools, creating a positive economic impact by creating demand for integrated systems such as large complex industrial valves. This will provide reliable operation in automated controls and the necessary infrastructure required to support the anticipated future exponential growth of industrial automation globally.

The global manufacturing community is adopting industrial automation solutions to achieve performance, safety, and sustainability outcomes, making industrial automation an increasingly viable and sustainable method of doing business.

Eaton’s net sales increased from USD 24,878 million in 2024 to USD 27,448 million in 2025, reflecting strong growth in demand for power management and industrial automation solutions. This upward trend indicates rising investments by industries in automated systems, smart equipment, and digital infrastructure. For the industrial belts market, this is significant because automation-driven production lines rely heavily on belts for power transmission, motion control, and material handling. As companies like Eaton expand their automation-related revenues, it signals broader global adoption of automated manufacturing, which directly supports sustained demand for industrial belts across sectors such as manufacturing, logistics, energy, and automotive.

Key Developments

• February 2026: Flowserve Corporation agreed to buy the Valves Division of Trillium Flow Technologies from its parent company for $490 million. The acquisition is a part of the company's strategy to grow its footprint in the nuclear, power generation, and industrial sectors.

• January 2026: AVK Group acquired PetrolValves’ triple-offset valve manufacturing facility in Italy, expanding high-performance butterfly valve production capabilities and reinforcing industrial-energy market offerings through integrated engineering expertise and operational continuity.

• December 2025: Valmet announced the acquisition of Severn Group, including Severn Glocon, ValvTechnologies, and LB Bentley, enhancing mission-critical industrial valve and valve-automation solutions for demanding global process-industry applications and services.

• June 2025: Flowserve Corporation and Chart Industries entered a definitive agreement to combine in an all-stock, $19 billion merger of equals, forming a unified leader in global industrial process technologies.

Market Segmentation

By Industrial Vertical: Energy and Power

By industry vertical, the industrial valves market is segmented into oil and gas, energy and power, water and wastewater treatment, chemical, food and beverage, pharmaceutical, agriculture, and others. The energy and power vertical is a major contributor to the global industrial valves market. This is largely because valves are indispensable in controlling, isolating, and regulating the flow of steam, gas, water, and other fluids in both conventional and renewable power infrastructures. For instance, in thermal power plants, nuclear facilities, and hydroelectric stations, industrial valves such as gate, globe, ball, check, butterfly, and control valves are used for boiler feedwater control, steam isolation, cooling circuits, and emissions management. In these aspects, reliability and accuracy are paramount, as they directly impact plant safety, efficiency, and adherence to strict environmental regulations.

Investments to expand power generation capacity, refurbish old energy assets, and global decarbonization are the main factors supporting demand in this industry. As of October 2025, India has a total installed generation capacity of 5,05,023 MW, which includes 2,45,600 MW from fossil-fuel sources and 2,59,423 MW from non-fossil fuel sources (out of which 2, 50, 643 MW is from renewable energy sources).

The energy & power segment of the industrial valves market is largely influenced by stringent regulations in safety, quality, and the environment. This is because all three are the most critical issues for ensuring reliable operation under pressure and high-temperature situations. Some of the key international standards are ASME Boiler and Pressure Vessel Code (BPVC) and ASME B16 series for valve design and performance, API standards like API 600, API 602, API 609, and API 6D are used for valves utilized in power and energy applications, and ISO 9001 and ISO 15848 for quality management and fugitive emissions control.

In addition to this, in Europe, it is mandatory to comply with the Pressure Equipment Directive (PED 2014/68/EU) and EN standards, while environmental and emission requirements are further strengthened by regulations such as the EU Industrial Emissions Directive (IED) and the U.S. EPA Clean Air Act. Moreover, nuclear power applications require compliance with NRC regulations and ASME Section III standards. These requirements collectively create a demand for certified, high-integrity industrial valves in the energy and power industry.

Regional Analysis

North America: the US

The growing oil and gas sector in the United States is a major factor that necessitates industrial values, especially driven by the rise in exploration, industrial development, and production. The rising shale oil refracturing activities in regions such as the Permian Basin are also growing the demand for industrial valves. This demands valve designs with advanced sealing and corrosion resistance for control during the multi-stage treatment of crude oil.

The country’s crude oil production is growing significantly, with 13,782 thousand barrels per day in November 2025 from 13,396 thousand barrels per day in November 2024, according to data from the U.S. Energy Information Administration (EIA). This demand enhanced and efficient valves for the processing of oil, including upstream, midstream, and downstream processes.

Moreover, the U.S. Department of Energy reported in January 2026 that natural gas production is predicted to rise to 109 billion cubic feet per day in 2026. This increase in shale gas production, along with the rising modernization of pipelines and expansion of LNG infrastructure, further accelerates the necessity for industrial values. These valves are essential for regulating flow, ensuring safe usage, and controlling pressure within pipelines.

Moreover, the federal investments aimed at improving water systems across the United States are contributing to the growing need for industrial valves. According to the U.S. Environmental Protection Agency (EPA), it received $50 billion by the Infrastructure Investment and Jobs Act for the improvement of drinking water, wastewater and construction of stormwater across the region.

Further, as per the American Society of Civil Engineering, the country’s infrastructure system of drinking water is built of 2.2 million miles of underground pipelines. The development, replacement, and modernization of these pipelines also demand solutions, including industrial valves in treatment systems, with the aim of water recycling and conservation.

List of Companies

• Emerson Electric Co.

• Eaton Corporation plc

• Flowserve Corporation

• The Weir Group PLC

• IMI plc

• GE Vernova

• AVK Holding A/S

• Danfoss A/S

• KITZ Corporation

• Spirax Sarco Group

Flowserve Corporation is a worldwide manufacturer of complete flow control systems. The company's focus is on industrial valves, pumps, and seals for critical service applications in oil and gas, chemical, power, and water industries. Located in Irving, Texas, they have a broad range of automated, ball, butterfly, and gate valves. It offers a broad range of valves, actuators, and positioners with some of the industry's leading brands such as Durco, Edward, Valtek, and Valbart.

Industrial Valves Market Scope: