Valve Market

Valve Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032
Frequently asked questions about this report

The global market for valve will most likely expand at over 9% CAGR through 2030.

Valve is a vital control element in the piping system and is used for controlling and monitoring the flow of process fluids.

Adoption of intelligent control systems and diagnostic technologies in valves for monitoring of upstream and downstream process parameters is a key factor fueling the growth of the growth of valves market.

Asia Pacific contributed the largest share to the global valve market owing to increased demand from oil & gas, food & beverages, chemicals, and petrochemical industries across China, India, and Australia.

Based on material, the valve market is segmented into stainless steel, cast iron, cryogenic, alloy based, and others.