Industrial Valves Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Industrial Valves Market is segmented By Valve Type (Butterfly Valves, Ball Valves, Globe Valves, Gate Valves, Check Valves, Plug Valves, Diaphragm Valves), By Material (Steel, Cast Iron, Alloy-based Materials, Others), By Application (Water & Wastewater, Oil & Power, Food & Beverages, Chemical, Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa). The report offers the value (in USD billion) for the above-mentioned.

Industrial Valves Market is segmented By Valve Type (Butterfly Valves, Ball Valves, Globe Valves, Gate Valves, Check Valves, Plug Valves, Diaphragm Va....

Industrial Valves Market Size

Market Size in USD

CAGR12.6%

Study Period	2024 - 2031
Base Year of Estimation	2023
CAGR	12.6%
Market Concentration	High
Major Players	Avcon Controls Private Limited, AVK Holding A/S, Crane Co., Metso Corporation, Schlumberger Limited

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

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Industrial Valves Market Analysis

The industrial valves market is estimated to be valued at USD 76.9 Bn in 2024 and is expected to reach USD 176.5 Bn by 2031. It is estimated to grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031. The industrial valves market is witnessing positive trends such as growing adoption of smart valves and emergence of collaborative robots.

Industrial Valves Market Report Snapshots

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