Precision Business Insights has published a report on the global industrial valves market, estimating its value at USD 83.2 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.22% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here https://www.precisionbusinessinsights.com/market-reports/global-industrial-valves-market 

The industrial valves market refers to the global industry focused on the production, distribution, and application of valves used to regulate the flow of liquids, gases, and slurries in various industrial processes. These valves are essential components in industries like oil and gas, power generation, water treatment, chemicals, and manufacturing.

Drivers:

• Infrastructure Development: The expansion of infrastructure projects, especially in emerging economies, drives demand for valves in water distribution, wastewater treatment, and energy generation.
• Technological Advancements: Innovations like IoT-enabled valves and smart valve solutions enhance efficiency, safety, and predictive maintenance capabilities.

The global industrial valves market segmentation:

1. By Product Type: Ball Valves, Butterfly Valves, Gate Valves, Glove Valves, Plug Valves, Check Valves, Diaphragm Valves, Safety Valves, Others
2. By Material Type: Cast Iron, Stainless Steel, Cryogenic, Alloy Based, Others
3. By Valve Size: Up to 1, 1-6, 6-25, 25-50, 50 and above
4. By Application: Oil and Gas, Chemicals, Food and Beverages, Pharmaceuticals, Water and Wastewater Treatment, Energy and Power, Building and Construction, Others

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Regional Overview:

The report also examines the current concerns and their Future Effects on the industrial valves market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the industrial valves market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like AVK Holding A/S, Emerson Electric Company, Weir Group Plc., Curtiss Wright Corp., IMI Plc., Flowserve Corporation, Velan Inc., General Electric Company, Honeywell International Inc., Pentair Ltd., Lagerstedt & Krantz AB, Alfa Laval AB, Circor International Ltd., SPX Corporation, Watts Water Technologies, Inc., Parker Hannifin Corporation, Nibco, Inc., Crane Co.

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