工業用バルブ市場 – 2029年までの世界予測

Industrial Valves Market - Global Forecast To 2029

工業用バルブ市場 - グローブ、ボール、バタフライ、プラグ、チェック、ゲート、ダイヤフラム、セーフティ、ニードル、ピンチ、電磁弁、流体(液体、気体、スラリー)、アクチュエーター(電動、空圧、油圧)、材質(スチール、アルミ、ニッケル) - 2029年までの世界予測
Industrial Valve Market - Globe, Ball, Butterfly, Plug, Check, Gate, Diaphragm, Safety, Needle, Pinch, & Solenoid Valve, Fluid (Liquid, Gas, Slurry), Actuator (Electric, Pneumatic, Hydraulic), Material (Steel, Aluminum, Nickel) - Global Forecast to 2029

商品番号 : SMB-10336

出版社MarketsandMarkets
出版年月2024年10月
ページ数347
図表数383
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global Industrial Valve market was valued at USD 95.58 billion in 2024 and is projected to reach USD 121.67 billion by 2029; it is expected to register a CAGR of 4.9% during the forecast period.

世界の工業用バルブ市場は、2024 年に 955 億 8,000 万米ドルと評価され、2029 年までに 1,216 億 7,000 万米ドルに達すると予測されています。予測期間中に 4.9% の CAGR を記録すると予想されます。

The rising demand for valves from the healthcare and pharmaceutical industries, the establishment of smart cities globally, the rapid deployment of connected networks to monitor valve conditions and predict system failure, and the increasing need to establish new power plants and revamp existing ones are the key driving factors for the industrial valves market.

工業用バルブ市場 - 2029年までの世界予測
industrial-valve-market_oveview

“Control valve segment is expected to grow at the highest CAGR during the forecast period.”

The industry is moving toward adopting automated valves and sophisticated monitoring technologies coordinated through a central control station. Control valves can be linked to an extended data network, enabling them to easily monitor an industrial plant’s flow rates and operating conditions. For instance, in an oil & gas plant, connecting valves on a network allows distributed control, which enables operators to reconfigure piping and networking systems in the case of a blockage or damage to the pipeline network and ensures a safer working environment without stopping the production process.

工業用バルブ市場 - 2029年までの世界予測 12
industrial-valve-market-impact

“Energy & power segment is likely to hold the second largest market in 2024.”

The energy & Power segment is expected to hold the second-largest share of the Industrial Valve market in 2024. The energy & power industry is witnessing a strong need to develop infrastructure to meet the growing energy demand. This trend allows manufacturers to design and develop their products adhering to industry requirements and standards. Valves, specifically with digital capabilities, are in demand for safety applications and critical operations.

“The North America segment to Hold second Largest market share in 2023”

The market in North America is to hold the second-largest market share in 2023. Key factor driving the North American market include increased R&D on actuators utilized in valves for automation and the increasing need for safety standards in industrial plants. R&D at the industry level is broadening the scope of industrial valve applications into the different industries, namely energy & power and chemical, within the US. Industrial valves are used as components in oil & gas, energy & power, and water & wastewater treatment industries to regulate the flow of the media through a system, to start and stop the flow, or to throttle it, ensuring safe and efficient process automation.

工業用バルブ市場 - 2029年までの世界予測 region
industrial-valve-market-region

Breakdown of primaries

The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type – Tier 1 – 40%, Tier 2 – 35%, Tier 3 – 25%
  • By Designation— C-level Executives – 45%, Directors – 35%, Others – 20%
  • By Region—North America – 30%, Europe – 25%, Asia Pacific – 40%, RoW – 5%

The Industrial Valve market is dominated by a few globally established players such as Emerson Electric Co. (US), SLB (US), Flowserve Corporation (US), IMI (UK), Valmet (Finland), Spirax Sarco Limited (UK), Crane Company (US), Kitz Corporation (Japan), KSB SE & CO. KGAA (Germany), Alfa Laval (Sweden), Curtiss-Wright Corporation (US), Parker Hannifin Corporation (US), Bray International (US), Baker Hughes Company (US), IDEX Corporation (US). The study includes an in-depth competitive analysis of these key players in the Industrial Valve market and their company profiles, recent developments, and key market strategies.

工業用バルブ市場 - 2029年までの世界予測 ecosystem
industrial-valve-market-ecosystem

Research Coverage:

The report segments the Industrial Valve market and forecasts by valve type, Component, Material, Function, fluid Type, Size,  pressure range, industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed market view across four main regions—North America, Europe, Asia Pacific, and RoW. A supply chain analysis has been included in the report, along with the key players and their competitive analysis of the Industrial Valve ecosystem.

Key Benefits to Buy the Report:

  • Analysis of key drivers (Rising demand for valves from healthcare and pharmaceutical industries, Increasing need to establish new power plants and revamp existing ones, Rapid deployment of connected networks to monitor valve conditions and predict system failure, and Shifting focus of process industries toward adoption of automation solutions). Restraint (High capital investment and low-profit margin due to varying valve standards across regions, Customer dissatisfaction owing to higher lead time and late order delivery ), Opportunity (Integration of industrial valves with IIoT and Industry 4.0, Rising demand for AI-integrated valves for intelligent water supply, and Increasing adoption of smart valves as replacement for outdated valves ), Challenges (Focus of valve manufacturers on acquisitions affecting profit margins and cash flow, Fierce competition owing to reduced product differentiation).
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the Industrial Valve market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the Industrial Valve market across varied regions.
  • Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the Industrial Valve market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Emerson Electric Co. (US), SLB (US), Flowserve Corporation (US), IMI (UK), Valmet (Finland), Spirax Sarco Limited (UK), Crane Company (US), Kitz Corporation (Japan), KSB SE & CO. KGAA (Germany), Alfa Laval (Sweden), Curtiss-Wright Corporation (US), Parker Hannifin Corporation (US), Bray International (US), Baker Hughes Company (US), IDEX Corporation (US) among others in the Industrial Valve market

Table of Contents

1            INTRODUCTION            33

1.1         STUDY OBJECTIVES      33

1.2         MARKET DEFINITION   33

1.3         STUDY SCOPE  34

1.3.1      SEGMENTS CONSIDERED          34

1.3.2      INCLUSIONS AND EXCLUSIONS 35

1.3.3      YEARS CONSIDERED     36

1.3.4      CURRENCY CONSIDERED          36

1.3.5      UNIT CONSIDERED       36

1.4         MARKET STAKEHOLDERS          36

1.5         SUMMARY OF CHANGES            37

2            RESEARCH METHODOLOGY     38

2.1         INTRODUCTION            38

2.1.1      SECONDARY DATA       40

2.1.1.1   List of major secondary sources       40

2.1.1.2   Key data from secondary sources     40

2.1.2      PRIMARY DATA 40

2.1.2.1   Breakdown of primaries     41

2.1.2.2   Key data from primary sources         41

2.1.3      SECONDARY AND PRIMARY RESEARCH 42

2.1.3.1   Key industry insights          43

2.2         MARKET SIZE ESTIMATION       43

2.2.1      BOTTOM-UP APPROACH           44

2.2.1.1   Approach for arriving at market size using bottom-up approach 44

2.2.2      TOP-DOWN APPROACH             45

2.2.2.1   Approach for arriving at market size using top-down approach  45

2.3         DATA TRIANGULATION             46

2.4         STUDY ASSUMPTIONS  47

2.5         RESEARCH LIMITATIONS           47

2.6         RISK ASSESSMENT         48

3            EXECUTIVE SUMMARY 49

4            PREMIUM INSIGHTS      54

4.1         ATTRACTIVE OPPORTUNITIES IN INDUSTRIAL VALVES MARKET              54

4.2         INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,  2024 VS. 2029 (USD MILLION)          55

4.3         INDUSTRIAL VALVES MARKET, BY FLUID TYPE,  2024 VS. 2029 (USD MILLION)          55

4.4         INDUSTRIAL VALVES MARKET, BY PRESSURE RANGE,  2024 VS. 2029 (USD MILLION) 56

4.5         INDUSTRIAL VALVES MARKET, BY MATERIAL,  2024 VS. 2029 (USD MILLION)          56

4.6         INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,  2024 VS. 2029 (USD MILLION) 57

4.7         INDUSTRIAL VALVES MARKET, BY COUNTRY, 2024 VS. 2029       58

4.8         INDUSTRIAL VALVES MARKET, BY REGION,  2024 VS. 2029 (USD MILLION)          58

5            MARKET OVERVIEW     59

5.1         INTRODUCTION            59

5.2         MARKET DYNAMICS     59

5.2.1      DRIVERS            60

5.2.1.1   Rising demand from healthcare and pharmaceutical industries   60

5.2.1.2   Increasing need to establish new power plants and revamp existing ones  60

5.2.1.3   Growing use of connected networks and smart industrial valves 61

5.2.1.4   Inclusion of automation solutions in process industries 61

5.2.1.5   Establishment of smart cities            62

5.2.2      RESTRAINTS     63

5.2.2.1   High capital investments and low profit margins          63

5.2.2.2   Customer dissatisfaction due to longer lead time and late order delivery  64

5.2.3      OPPORTUNITIES           64

5.2.3.1   Integration of industrial valves with IIoT and Industry 4.0         64

5.2.3.2   Rising demand for AI-integrated valves for intelligent  water supply       65

5.2.3.3   Use of 3D printing technique in industrial valves         66

5.2.3.4   Increasing number of refineries and petrochemical and chemical plants   66

5.2.3.5   Shifting focus of valve manufacturers toward better maintenance and aftermarket services  67

5.2.3.6   Increasing adoption of smart valves as replacement for  outdated valves 67

5.2.4      CHALLENGES   69

5.2.4.1   Reduction in competitive rivalry and disruptions in market hierarchy       69

5.2.4.2   Fierce market competition and influence of local valve manufacturers     69

5.2.4.3   Unplanned plant downtime due to valve malfunctioning            69

5.2.4.4   High cost of valve manufacturing     70

5.3         VALUE CHAIN ANALYSIS            71

5.4         ECOSYSTEM ANALYSIS 72

5.5         INVESTMENT AND FUNDING SCENARIO            75

5.6         PRICING ANALYSIS        75

5.6.1      COMPANY-WISE INDICATIVE SELLING PRICE OF INDUSTRIAL VALVES, BY VALVE TYPE 75

5.6.2      AVERAGE SELLING PRICE OF INDUSTRIAL VALVES, 2020–2023   76

5.6.3      AVERAGE SELLING PRICE OF INDUSTRIAL VALVES OFFERED  BY KEY PLAYERS, BY TYPE         77

5.6.4      INDICATIVE PRICE TREND OF INDUSTRIAL VALVES, BY REGION              78

5.7         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       79

5.8         TECHNOLOGY ANALYSIS           79

5.8.1      KEY TECHNOLOGIES    79

5.8.1.1   Industrial internet of things (IIoT)  79

5.8.2      ADJACENT TECHNOLOGIES      80

5.8.2.1   Digitalization and artificial intelligence          80

5.8.3      COMPLEMENTARY TECHNOLOGIES     81

5.8.3.1   Valve condition monitoring              81

5.9         PORTER’S FIVE FORCES ANALYSIS         81

5.9.1      BARGAINING POWER OF SUPPLIERS     82

5.9.2      BARGAINING POWER OF BUYERS           82

5.9.3      THREAT OF NEW ENTRANTS    82

5.9.4      THREAT OF SUBSTITUTES         82

5.9.5      INTENSITY OF COMPETITIVE RIVALRY 83

5.10       KEY STAKEHOLDERS AND BUYING CRITERIA    83

5.10.1    KEY STAKEHOLDERS IN BUYING PROCESS         83

5.10.2    KEY BUYING CRITERIA 84

5.11       CASE STUDY ANALYSIS 85

5.12       TRADE ANALYSIS          87

5.12.1    IMPORT DATA FOR HS CODE 8481         87

5.12.2    EXPORT DATA FOR HS CODE 8481         88

5.13       PATENT ANALYSIS        89

5.13.1    NUMBER OF PATENTS GRANTED          89

5.13.2    TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS, 2014–2023         89

5.13.3    TOP 20 PATENT OWNERS          90

5.13.4    LIST OF MAJOR PATENTS          91

5.14       KEY CONFERENCES AND EVENTS, 2024–2026     92

5.15       TARIFF, REGULATION, AND STANDARD ANALYSIS        93

5.15.1    TARIFF FOR PRESSURE-REDUCING VALVES       93

5.15.2    REGULATIONS AND STANDARDS          94

5.15.2.1 Regulatory bodies, government agencies, and other organizations            94

5.15.2.2 Regulatory standards         96

5.16       IMPACT OF AI/GEN AI ON INDUSTRIAL VALVES MARKET          97

5.16.1    AI-SPECIFIC USE CASES 98

5.16.2    FUTURE OF GENERATIVE AI IN VALVE ECOSYSTEM      98

6            INDUSTRIAL VALVES MARKET, BY VALVE SEALING       99

6.1         INTRODUCTION            99

6.2         SOFT SEATED VALVES  100

6.2.1      COST-EFFECTIVENESS AND ZERO LEAKAGE TO PROPEL MARKET DEMAND           100

6.3         METAL SEATED VALVES            101

6.3.1      INCREASED DURABILITY IN HIGH-TEMPERATURE, HIGH-PRESSURE, AND CORROSIVE ENVIRONMENTS TO BOOST MARKET GROWTH          101

6.4         PACKING SEATED VALVES        102

6.4.1      BETTER ADAPTABILITY, VERSATILITY, AND FLEXIBILITY TO SPUR MARKET GROWTH        102

7            INDUSTRIAL VALVES MARKET, BY VALVE TYPE 103

7.1         INTRODUCTION            104

7.2         ROTARY VALVES           105

7.2.1      BALL VALVES   108

7.2.1.1   Tight sealing and low operating torque to drive demand            108

7.2.1.2   Trunnion-mounted ball valves         109

7.2.1.3   Floating ball valves            109

7.2.1.4   Rising stem ball valves       109

7.2.2      BUTTERFLY VALVES     111

7.2.2.1   Cost-effectiveness and compact design to boost market growth  111

7.2.2.2   Zero-offset butterfly valves 112

7.2.2.3   Double-offset butterfly valves          112

7.2.2.4   Triple-offset butterfly valves            112

7.2.3      PLUG VALVES  114

7.2.3.1   Easy sealing and isolation to boost adoption in wastewater treatment plants              114

7.3         LINEAR VALVES             116

7.3.1      GLOBE VALVES 121

7.3.1.1   Use in high-pressure systems to support segmental growth        121

7.3.2      DIAPHRAGM VALVES    123

7.3.2.1   Ability to handle corrosive fluids, fibrous slurries, and radioactive fluids to aid market growth     123

7.3.3      GATE VALVES  125

7.3.3.1   Easy flow of media to boost demand in oil & gas and petrochemical applications              125

7.3.3.2   Standard plate gate valves  127

7.3.3.3   Wedge-type gate valves     127

7.3.3.4   Knife gate valves  127

7.3.4      SAFETY VALVES             127

7.3.4.1   Rising demand from oil & gas, energy & power, and chemical industries to propel segmental growth 127

7.3.5      CHECK VALVES 129

7.3.5.1   Ability to prevent reversal pipeline flow to stimulate demand for check valves              129

7.3.6      NEEDLE VALVES            131

7.3.6.1   Needle valves to offer precise flow control in oil & gas, pharmaceuticals, and water industries             131

7.3.7      PINCH VALVES 133

7.3.7.1   Pinch valves to offer reliable flow control for abrasive materials in mining and water treatment industries 133

7.3.8      SOLENOID VALVES       135

7.3.8.1   High demand for efficient fluid control systems to augment market growth              135

8            INDUSTRIAL VALVES MARKET, BY FLUID TYPE 138

8.1         INTRODUCTION            139

8.2         LIQUID 140

8.2.1      NEED FOR EFFECTIVE WATER TREATMENT AND WASTEWATER MANAGEMENT TO SUPPORT MARKET GROWTH           140

8.2.2      WATER VALVES 140

8.2.3      OIL VALVES      141

8.2.4      CHEMICAL VALVES       141

8.3         GAS      142

8.3.1      ADVANCED GAS VALVE SYSTEMS TO ENHANCE SAFETY AND PERFORMANCE IN INDUSTRIAL APPLICATIONS             142

8.3.2      NATURAL GAS  144

8.3.2.1   Natural gases to boost demand for industrial valves in extraction and distribution              144

8.3.2.2   Methane 144

8.3.2.3   Ethane   144

8.3.2.4   Propane 145

8.3.3      COMPRESSED AIR          145

8.3.3.1   Demand for compressed air valves to increase with automation and industrial processes             145

8.3.4      INDUSTRIAL GAS           145

8.3.4.1   Demand for industrial gas valves to rise with increased energy needs and improved safety regulations 145

8.3.4.2   Hydrogen            145

8.3.4.2.1 Increased adoption of clean energy and expansion of hydrogen infrastructure to aid segment growth            145

8.3.4.3   Nitrogen 146

8.3.4.3.1 Increased need for industrial applications to spur segment growth           146

8.3.4.4   Oxygen  146

8.3.4.4.1 Increasing urbanization and infrastructure development to fuel segment growth              146

8.3.4.5   Other industrial gases        146

8.4         SLURRY VALVES            147

8.4.1      ABILITY TO HANDLE CORROSIVE FLUIDS AND FIBROUS SLURRIES TO PROPEL MARKET DEMAND       147

8.4.2      CEMENT            148

8.4.3      SLUDGE            149

9            INDUSTRIAL VALVES MARKET, BY COMPONENT           150

9.1         INTRODUCTION            151

9.2         ACTUATORS     152

9.2.1      REDUCED MAINTENANCE COST, INCREASED UPTIME, AND ENHANCED PLANT SAFETY TO DRIVE DEMAND            152

9.2.2      PNEUMATIC ACTUATORS         152

9.2.2.1   Greater focus on automation, energy efficiency, and cost-effectiveness to drive market   152

9.2.2.2   Diaphragm actuators         152

9.2.2.3   Piston actuators   153

9.2.3      ELECTRIC ACTUATORS 153

9.2.3.1   Wide use in water and wastewater treatment and chemical plants to boost segmental growth 153

9.2.4      HYDRAULIC ACTUATORS          153

9.2.4.1   Integration of hydraulic actuators in HVAC, fire protection, and irrigation systems to propel growth  153

9.3         VALVE BODIES 154

9.3.1      IMPROVED CORROSION RESISTANCE AND ENHANCED CHEMICAL COMPATIBILITY TO FUEL SEGMENT GROWTH 154

9.4         OTHER COMPONENTS 154

10          INDUSTRIAL VALVES MARKET, BY FUNCTION  155

10.1       INTRODUCTION            156

10.2       ON/OFF VALVES            157

10.2.1    INCREASING USE IN THROTTLING APPLICATIONS TO DRIVE MARKET              157

10.3       CONTROL VALVES        158

10.3.1    NEED TO CONTROL TEMPERATURE, FLOW, AND PRESSURE IN INDUSTRIAL PROCESSES TO FAVOR MARKET GROWTH             158

10.3.2    MODULATING VALVES 158

10.3.3    POSITION-CONTROLLED VALVES         159

10.3.3.1 Quarter-turn valves           159

10.3.3.2 Multi-turn valves 159

11          INDUSTRIAL VALVES MARKET, BY MATERIAL   160

11.1       INTRODUCTION            161

11.2       STEEL  163

11.2.1    RESISTANCE TO STRESS CORROSION CRACKING TO DRIVE ADOPTION IN NATURAL GAS SECTOR         163

11.3       CAST IRON        164

11.3.1    GROWING ADOPTION IN WATER AND WASTEWATER TREATMENT FACILITIES TO BOOST MARKET DEMAND         164

11.4       ALUMINUM       164

11.4.1    LIGHTWEIGHT AND LOW-DENSITY MATERIAL TO BE USED IN AEROSPACE AND AUTOMOBILE INDUSTRY       164

11.5       ALLOY-BASED  165

11.5.1    EFFECTIVE ROLE IN MANAGING HIGH PRESSURE, TEMPERATURE, AND CORROSION IN PRODUCTION PROCESS TO FUEL MARKET GROWTH              165

11.5.2    NICKEL-ALUMINUM     165

11.5.3    NICKEL-CHROMIUM     165

11.6       PLASTIC            165

11.6.1    HIGH DURABILITY AND ENHANCED CORROSION RESISTANCE TO DRIVE DEMAND             165

11.7       OTHER MATERIALS      166

11.7.1    BRONZE             166

11.7.2    BRASS   166

12          INDUSTRIAL VALVES MARKET, BY SIZE 167

12.1       INTRODUCTION            168

12.2       <1”        170

12.2.1    INCREASING NEED FOR COMPACT AND EFFECTIVE TECHNOLOGIES TO DRIVE MARKET       170

12.3       1”–6”     170

12.3.1    COMPACT SIZE TO INCREASE ADOPTION IN OIL & GAS AND CHEMICAL INDUSTRIES             170

12.4       6”–25”   170

12.4.1    INCREASING ADOPTION IN OIL & GAS TO CREATE OPPORTUNITIES FOR VALVE PROVIDERS             170

12.5       25”–50” 171

12.5.1    GROWING NEED FOR FUNCTIONAL VALVES IN HIGH-TEMPERATURE AND HIGH-PRESSURE ENVIRONMENTS TO PROPEL MARKET GROWTH 171

12.6       >50”      171

12.6.1    INCREASED ADOPTION OF HIGH-CAPACITY SYSTEMS TO BOOST MARKET DEMAND        171

13          INDUSTRIAL VALVES MARKET, BY PRESSURE RANGE    172

13.1       INTRODUCTION            173

13.2       <50 BAR             175

13.2.1    INCREASING NEED FOR < 50 BAR VALVES FOR HVAC CONTROL TO DRIVE MARKET 175

13.3       >50 TO 350 BAR 175

13.3.1    RISING FOCUS ON SMART MANUFACTURING PROCESSES TO ENCOURAGE MARKET GROWTH            175

13.4       >350 TO 700 BAR            175

13.4.1    RISING DEMAND FOR HIGH-PRESSURE PROCESSES IN CHEMICAL AND PHARMACEUTICAL INDUSTRIES TO DRIVE MARKET     175

13.5       >700 TO 1000 BAR          176

13.5.1    GROWING NEED FOR FUNCTIONAL VALVES IN HIGH-PRESSURE ENVIRONMENT TO PROPEL MARKET GROWTH             176

13.6       >1000 BAR         176

13.6.1    ADVANCEMENTS IN HIGH-PERFORMANCE AND PRECISION MANUFACTURING TO DRIVE DEMAND 176

14          INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY 177

14.1       INTRODUCTION            178

14.2       OIL & GAS          180

14.2.1    RISING DEMAND IN TRANSPORTATION SECTOR TO FOSTER MARKET GROWTH          180

14.2.2    UPSTREAM       181

14.2.3    MIDSTREAM     181

14.2.4    DOWNSTREAM 182

14.3       WATER & WASTEWATER TREATMENT  184

14.3.1    HIGH INVESTMENTS IN ESTABLISHING WATER TREATMENT PLANTS TO PROPEL MARKET GROWTH 184

14.3.2    WATER DISTRIBUTION SYSTEMS           184

14.3.3    DESALINATION UNITS 184

14.4       ENERGY & POWER         187

14.4.1    INCREASING ENERGY DEMAND IN EMERGING ECONOMIES TO BOOST MARKET            187

14.4.2    CONVENTIONAL POWER PLANTS          187

14.4.3    RENEWABLE ENERGY PLANTS  188

14.5       PHARMACEUTICAL       190

14.5.1    AUTOMATION IN PHARMA COMPANIES TO REDUCE DRUG SHORTAGE AND INCREASE DEMAND FOR INDUSTRIAL VALVES             190

14.5.2    STERILIZATION PROCESS          190

14.5.3    PACKAGING & FILLING 191

14.6       FOOD & BEVERAGE       193

14.6.1    NEED FOR LEAKPROOF AND CLEAN CONTAINERS TO AUGMENT MARKET GROWTH        193

14.6.2    BEVERAGE PRODUCTION          193

14.6.3    DIARY PRODUCTION    193

14.7       CHEMICAL        195

14.7.1    VALVES IN CHEMICAL INDUSTRY TO REDUCE EMISSIONS, INCREASE PLANT SAFETY, AND PROTECT ENVIRONMENT             195

14.7.2    BATCH PROCESSING    196

14.7.3    FILTRATION PROCESS  196

14.8       BUILDING & CONSTRUCTION   198

14.8.1    INCREASING INFRASTRUCTURAL INVESTMENTS AND GROWING FOCUS ON BETTER SAFETY STANDARDS TO AID MARKET GROWTH     198

14.8.2    HVAC APPLICATION     198

14.8.3    FIRE PROTECTION        199

14.9       PAPER & PULP  201

14.9.1    NEED TO PRODUCE HIGH-QUALITY PRODUCTS WITH LESS ENERGY CONSUMPTION TO INCREASE DEMAND FOR VALVES   201

14.9.2    PAPER FORMATION      202

14.9.3    BLENDING        202

14.10     METAL & MINING          204

14.10.1  INDUSTRIAL VALVES IN MINING OPERATIONS TO HELP SELF-DIAGNOSE PLANTS AND ENSURE EFFICIENT OPERATIONS       204

14.10.2  HYDROMETALLURGY  207

14.10.3  CONVEYOR SYSTEMS   208

14.11     AGRICULTURE 208

14.11.1  RISING USE OF INDUSTRIAL VALVES IN IRRIGATION APPLICATIONS TO SPUR DEMAND        208

14.11.2  SPRINKLER SYSTEMS    208

14.11.3  WATER STORAGE TANKS           208

14.12     SEMICONDUCTOR        211

14.12.1  RISING DEMAND FOR SEMICONDUCTOR CHIPS FROM ELECTRONICS AND AUTOMOBILE MANUFACTURING COMPANIES TO DRIVE MARKET              211

14.12.2  WAFER PROCESSING     211

14.12.3  VACUUM SYSTEMS        211

14.13     OTHER END-USE INDUSTRIES  213

15          INDUSTRIAL VALVES MARKET, BY REGION        216

15.1       INTRODUCTION            217

15.2       NORTH AMERICA          219

15.2.1    MACROECONOMIC OUTLOOK FOR NORTH AMERICA   219

15.2.2    US         222

15.2.2.1 US to command largest share in North American industrial valves market during study period         222

15.2.3    CANADA            223

15.2.3.1 Favorable government policies and developed mining industry to propel market growth   223

15.2.4    MEXICO             223

15.2.4.1 Thriving semiconductor industry and availability of cheap labor to boost market growth   223

15.3       EUROPE             224

15.3.1    MACROECONOMIC OUTLOOK FOR EUROPE     224

15.3.2    UK         228

15.3.2.1 Strong regulatory framework and developed pharmaceutical industry to drive market   228

15.3.3    GERMANY         228

15.3.3.1 Rising adoption of industrial valves by process industries to stimulate market growth   228

15.3.4    FRANCE             228

15.3.4.1 Focus on renewable energy development to drive demand for industrial valves              228

15.3.5    ITALY   229

15.3.5.1 Increasing investments in refurbishing and retrofitting water & wastewater treatment plants to support market growth    229

15.3.6    REST OF EUROPE           229

15.4       ASIA PACIFIC    230

15.4.1    MACROECONOMIC OUTLOOK FOR ASIA PACIFIC          230

15.4.2    CHINA  234

15.4.2.1 Developed industrial base and increased medical needs to augment market growth              234

15.4.3    JAPAN  234

15.4.3.1 Increasing focus on renewable energy projects to boost requirement for industrial valves    234

15.4.4    SOUTH KOREA 234

15.4.4.1 Growing focus on developing hydrogen industry to propel market growth              234

15.4.5    INDIA   235

15.4.5.1 Increasing investments in oil & gas and manufacturing sectors to stimulate market growth   235

15.4.6    REST OF ASIA PACIFIC  235

15.5       REST OF THE WORLD   235

15.5.1    MACROECONOMIC OUTLOOK FOR REST OF THE WORLD         235

15.5.2    MIDDLE EAST  238

15.5.2.1 Booming oil & gas and chemical industries to increase demand for industrial valves              238

15.5.2.2 GCC Countries    238

15.5.2.2.1            Rising investments in oil & gas, petrochemical, and water management sectors to aid market growth            238

15.5.3    SOUTH AMERICA           239

15.5.3.1 Increasing FDI and rising per capita income to aid market growth           239

15.5.4    AFRICA 239

15.5.4.1 Increasing investments for better water management infrastructure to generate market opportunities         239

16          COMPETITIVE LANDSCAPE       240

16.1       INTRODUCTION            240

16.2       STRATEGIES ADOPTED BY KEY PLAYERS IN INDUSTRIAL VALVES MARKET            240

16.3       REVENUE ANALYSIS, 2020–2023 242

16.4       MARKET SHARE ANALYSIS, 2023             243

16.5       COMPANY VALUATION AND FINANCIAL METRICS        246

16.6       BRAND/PRODUCT COMPARISON          247

16.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   248

16.7.1    STARS  248

16.7.2    EMERGING LEADERS    248

16.7.3    PERVASIVE PLAYERS     248

16.7.4    PARTICIPANTS 248

16.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      250

16.7.5.1 Company footprint            250

16.7.5.2 Valve type footprint           251

16.7.5.3 Fluid type footprint            252

16.7.5.4 End-use industry footprint 253

16.7.5.5 Region footprint  254

16.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          255

16.8.1    PROGRESSIVE COMPANIES       255

16.8.2    RESPONSIVE COMPANIES          255

16.8.3    DYNAMIC COMPANIES 255

16.8.4    STARTING BLOCKS       255

16.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             257

16.8.5.1 Detailed list of key startups/SMEs   257

16.8.5.2 Competitive benchmarking of key startups/SMEs        257

16.8.5.2.1            Competitive benchmarking, by type 257

16.8.5.2.2            Competitive benchmarking, by fluid type       258

16.8.5.2.3            Competitive benchmarking, by end-use industry          259

16.8.5.2.4            Competitive benchmarking, by region            260

16.9       COMPETITIVE SCENARIO          261

16.9.1    PRODUCT LAUNCHES  261

16.9.2    DEALS  263

16.9.3    EXPANSIONS    264

16.9.4    OTHER DEVELOPMENTS           265

17          COMPANY PROFILES    266

17.1       KEY PLAYERS   266

17.1.1    EMERSON ELECTRIC CO.           266

17.1.1.1 Business overview 266

17.1.1.2 Products offered  268

17.1.1.3 Recent developments         269

17.1.1.3.1            Product launches 269

17.1.1.4 MnM view           270

17.1.1.4.1            Key strengths/Right to win 270

17.1.1.4.2            Strategic choices  270

17.1.1.4.3            Weaknesses/Competitive threats     270

17.1.2    SLB       271

17.1.2.1 Business overview 271

17.1.2.2 Products offered  272

17.1.2.3 Recent developments         273

17.1.2.3.1            Expansions          273

17.1.2.4 MnM view           274

17.1.2.4.1            Key strengths/Right to win 274

17.1.2.4.2            Strategic choices  274

17.1.2.4.3            Weaknesses/Competitive threats     274

17.1.3    FLOWSERVE CORPORATION     275

17.1.3.1 Business overview 275

17.1.3.2 Products offered  276

17.1.3.3 Recent developments         278

17.1.3.3.1            Product launches 278

17.1.3.3.2            Other developments          278

17.1.3.4 MnM View          279

17.1.3.4.1            Key strengths/Right to win 279

17.1.3.4.2            Strategic choices  279

17.1.3.4.3            Weaknesses/Competitive threats     279

17.1.4    IMI        280

17.1.4.1 Business overview 280

17.1.4.2 Products offered  281

17.1.4.3 Recent developments         282

17.1.4.3.1            Product launches 282

17.1.4.3.2            Expansions          283

17.1.4.4 MnM view           283

17.1.4.4.1            Key strengths/Right to win 283

17.1.4.4.2            Strategic choices  283

17.1.4.4.3            Weaknesses/Competitive threats     283

17.1.5    CRANE COMPANY         284

17.1.5.1 Business overview 284

17.1.5.2 Products offered  285

17.1.5.3 Recent developments         286

17.1.5.3.1            Expansions          286

17.1.5.4 MnM view           287

17.1.5.4.1            Key strengths/Right to win 287

17.1.5.4.2            Strategic choices  287

17.1.5.4.3            Weaknesses/Competitive threats     287

17.1.6    VALMET            288

17.1.6.1 Business overview 288

17.1.6.2 Products offered  289

17.1.6.3 Recent developments         290

17.1.6.3.1            Deals     290

17.1.7    SPIRAX SARCO LIMITED             291

17.1.7.1 Business overview 291

17.1.7.2 Products offered  292

17.1.7.3 Recent developments         293

17.1.7.3.1            Deals     293

17.1.8    KITZ CORPORATION    294

17.1.8.1 Business overview 294

17.1.8.2 Products offered  295

17.1.9    KSB SE & CO. KGAA       297

17.1.9.1 Business overview 297

17.1.9.2 Products offered  298

17.1.9.3 Recent developments         299

17.1.9.3.1            Product launches 299

17.1.9.3.2            Expansions          300

17.1.10  ALFA LAVAL     301

17.1.10.1             Business overview 301

17.1.10.2             Products offered  302

17.1.10.3             Recent developments         303

17.1.10.3.1          Deals     303

17.1.10.3.2          Other developments          303

17.1.11  CURTISS-WRIGHT CORPORATION         304

17.1.11.1             Business overview 304

17.1.11.2             Products offered  305

17.1.12  PARKER HANNIFIN CORP.          307

17.1.12.1             Business overview 307

17.1.12.2             Products offered  308

17.1.12.3             Recent developments         309

17.1.12.3.1          Product launches 309

17.1.12.3.2          Deals     310

17.1.13  BRAY INTERNATIONAL 311

17.1.13.1             Business overview 311

17.1.13.2             Products offered  311

17.1.14  BAKER HUGHES COMPANY       312

17.1.14.1             Business overview 312

17.1.14.2             Products offered  313

17.1.15  IDEX     314

17.1.15.1             Business overview 314

17.1.15.2             Products offered  315

17.1.15.3             Recent developments         316

17.1.15.3.1          Deals     316

17.2       OTHER KEY PLAYERS    317

17.2.1    CIRCOR INTERNATIONAL, INC. 317

17.2.2    ROTORK            318

17.2.3    NEWAY VALVE 319

17.2.4    VELAN INC.       320

17.2.5    DANFOSS          321

17.2.6    GEORG FISCHER LTD.  322

17.2.7    SAMSONCONTROLS.NET           323

17.2.8    AVK HOLDING A/S        324

17.2.9    KLINGER HOLDING      325

17.2.10  TRILLIUM FLOW TECHNOLOGIES         326

17.3       OTHER PLAYERS           327

17.3.1    EBRO ARMATUREN GEBR. BRÖER GMBH            327

17.3.2    VALVITALIA SPA            328

17.3.3    GEFA PROCESSTECHNIK GMBH             329

17.3.4    AVCON CONTROLS PVT LTD.   330

17.3.5    FORBES MARSHALL      331

17.3.6    FRENSTAR         332

17.3.7    HAM-LET GROUP          333

17.3.8    DWYER INSTRUMENTS, LLC      334

17.3.9    APOLLO VALVES           335

17.3.10  NOVEL VALVES INDIA PVT. LTD             336

18          APPENDIX         337

18.1       INSIGHTS FROM INDUSTRY EXPERTS   337

18.2       DISCUSSION GUIDE      338

18.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             343

18.4       CUSTOMIZATION OPTIONS      345

18.5       RELATED REPORTS       345

18.6       AUTHOR DETAILS         346

LIST OF TABLES

TABLE 1             INDUSTRIAL VALVES MARKET: INCLUSIONS AND EXCLUSIONS              35

TABLE 2             INDUSTRIAL VALVES MARKET: KEY SECONDARY SOURCES              40

TABLE 3             INDUSTRIAL VALVES MARKET: SEGMENTS COVERED AND ASSOCIATED RISKS       48

TABLE 4             INDUSTRIAL VALVES MARKET: ROLE IN ECOSYSTEM    74

TABLE 5             COMPANY-WISE INDICATIVE SELLING PRICE OF INDUSTRIAL VALVES,

BY VALVE TYPE, 2023    75

TABLE 6             AVERAGE SELLING PRICE OF INDUSTRIAL VALVES OFFERED BY KEY PLAYERS,

BY TYPE             77

TABLE 7             INDICATIVE SELLING PRICE OF INDUSTRIAL VALVES, BY REGION, 2020–2023        78

TABLE 8             INFLUENCE OF STAKEHOLDERS FROM TOP THREE END-USE INDUSTRIES (%)             83

TABLE 9             KEY BUYING CRITERIA OF TOP THREE END-USE INDUSTRIES              84

TABLE 10           COMBINATION OF EXPERTISE AND TECHNOLOGIES OF GEMCO VALVE

AND ATEC VALVE TO PROCESS EXTREME-TEMPERATURE ABRASIVE

POWDERS FOR GTI ENERGY     85

TABLE 11           NESTLÉ’S TRANSITION TO HIGH-PERFORMANCE VALVES THROUGH PRECISION AIRLOCK SOLUTIONS    85

TABLE 12           CONTINENTAL MILLS TO ENHANCE PRODUCTION EFFICIENCY AND REDUCE MAINTENANCE COSTS         86

TABLE 13           TOP 20 PATENT OWNERS IN LAST 10 YEARS      90

TABLE 14           KEY PATENTS PERTAINING TO INDUSTRIAL VALVES, 2023              91

TABLE 15           INDUSTRIAL VALVES MARKET: REGION-WISE KEY CONFERENCES AND EVENTS, JANUARY 2024–DECEMBER 2026  92

TABLE 16           TARIFF FOR PRESSURE-REDUCING VALVES (HS CODE 848110)              93

TABLE 17           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         94

TABLE 18           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 95

TABLE 19           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         95

TABLE 20           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 95

TABLE 21           REGULATORY STANDARDS FOLLOWED BY INDUSTRIAL VALVE MANUFACTURERS          96

TABLE 22           INDUSTRIAL VALVES MARKET, BY VALVE TYPE, 2020–2023 (USD MILLION) 105

TABLE 23           INDUSTRIAL VALVES MARKET, BY VALVE TYPE, 2024–2029 (USD MILLION) 105

TABLE 24           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY TYPE,

2020–2023 (USD MILLION)          106

TABLE 25           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY TYPE,

2024–2029 (USD MILLION)          106

TABLE 26           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY TYPE, SHIPMENT,

2020–2023 (THOUSAND UNITS) 106

TABLE 27           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY TYPE, SHIPMENT,

2024–2029 (THOUSAND UNITS) 106

TABLE 28           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          107

TABLE 29           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          107

TABLE 30           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          107

TABLE 31           ROTARY VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          108

TABLE 32           BALL VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          110

TABLE 33           BALL VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          110

TABLE 34           BALL VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          110

TABLE 35           BALL VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          111

TABLE 36           BUTTERFLY VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          113

TABLE 37           BUTTERFLY VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          113

TABLE 38           BUTTERFLY VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          113

TABLE 39           BUTTERFLY VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          114

TABLE 40           PLUG VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          115

TABLE 41           PLUG VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          115

TABLE 42           PLUG VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          115

TABLE 43           PLUG VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          116

TABLE 44           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY TYPE,

2020–2023 (USD MILLION)          117

TABLE 45           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY TYPE,

2024–2029 (USD MILLION)          118

TABLE 46           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY TYPE, SHIPMENT,

2020–2023 (THOUSAND UNITS) 118

TABLE 47           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY TYPE, SHIPMENT,

2024–2029 (THOUSAND UNITS) 119

TABLE 48           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          119

TABLE 49           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          119

TABLE 50           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          120

TABLE 51           LINEAR VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          120

TABLE 52           GLOBE VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          121

TABLE 53           GLOBE VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          121

TABLE 54           GLOBE VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          122

TABLE 55           GLOBE VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          122

TABLE 56           DIAPHRAGM VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          123

TABLE 57           DIAPHRAGM VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          123

TABLE 58           DIAPHRAGM VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)         124

TABLE 59           DIAPHRAGM VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)         124

TABLE 60           GATE VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          125

TABLE 61           GATE VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          125

TABLE 62           GATE VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          126

TABLE 63           GATE VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          126

TABLE 64           SAFETY VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          127

TABLE 65           SAFETY VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          128

TABLE 66           SAFETY VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          128

TABLE 67           SAFETY VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          129

TABLE 68           CHECK VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          130

TABLE 69           CHECK VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)        130

TABLE 70           CHECK VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          130

TABLE 71           CHECK VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          131

TABLE 72           NEEDLE VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          132

TABLE 73           NEEDLE VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          132

TABLE 74           NEEDLE VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          132

TABLE 75           NEEDLE VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          133

TABLE 76          PINCH VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          134

TABLE 77          PINCH VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          134

TABLE 78           PINCH VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          134

TABLE 79           PINCH VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          135

TABLE 80           SOLENOID VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2020–2023 (USD MILLION)          136

TABLE 81           SOLENOID VALVES: INDUSTRIAL VALVES MARKET, BY FLUID TYPE,

2024–2029 (USD MILLION)          136

TABLE 82           SOLENOID VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          136

TABLE 83           SOLENOID VALVES: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          137

TABLE 84           INDUSTRIAL VALVES MARKET, BY FLUID TYPE, 2020–2023 (USD MILLION)          140

TABLE 85           INDUSTRIAL VALVES MARKET, BY FLUID TYPE, 2024–2029 (USD MILLION)          140

TABLE 86           LIQUID: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          141

TABLE 87           LIQUID: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          141

TABLE 88           LIQUID: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          142

TABLE 89           LIQUID: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          142

TABLE 90           GAS: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          143

TABLE 91           GAS: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          143

TABLE 92           GAS: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE, 2020–2023 (USD MILLION)     143

TABLE 93           GAS: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE, 2024–2029 (USD MILLION)     144

TABLE 94           SLURRY: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          147

TABLE 95           SLURRY: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          147

TABLE 96           SLURRY: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          148

TABLE 97           SLURRY: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          148

TABLE 98           INDUSTRIAL VALVES MARKET, BY COMPONENT, 2020–2023 (USD MILLION) 152

TABLE 99           INDUSTRIAL VALVES MARKET, BY COMPONENT, 2024–2029 (USD MILLION) 152

TABLE 100         ACTUATORS: INDUSTRIAL VALVES MARKET, BY TYPE, 2020–2023 (USD MILLION)     153

TABLE 101         ACTUATORS: INDUSTRIAL VALVES MARKET, BY TYPE, 2024–2029 (USD MILLION)     153

TABLE 102         INDUSTRIAL VALVES MARKET, BY FUNCTION, 2020–2023 (USD MILLION)          157

TABLE 103         INDUSTRIAL VALVES MARKET, BY FUNCTION, 2024–2029 (USD MILLION)          157

TABLE 104         INDUSTRIAL VALVES MARKET, BY MATERIAL, 2020–2023 (USD MILLION)          162

TABLE 105         INDUSTRIAL VALVES MARKET, BY MATERIAL, 2024–2029 (USD MILLION)          162

TABLE 106         INDUSTRIAL VALVES MARKET, BY SIZE, 2020–2023 (USD MILLION)          169

TABLE 107         INDUSTRIAL VALVES MARKET, BY SIZE, 2024–2029 (USD MILLION)          169

TABLE 108         INDUSTRIAL VALVES MARKET, BY PRESSURE RANGE, 2020–2023 (USD MILLION)     174

TABLE 109         INDUSTRIAL VALVES MARKET, BY PRESSURE RANGE, 2024–2029 (USD MILLION)     174

TABLE 110         INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)     179

TABLE 111         INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)     180

TABLE 112         OIL & GAS: INDUSTRIAL VALVES MARKET, BY REGION, 2020–2023 (USD MILLION)     182

TABLE 113         OIL & GAS: INDUSTRIAL VALVES MARKET, BY REGION, 2024–2029 (USD MILLION)     182

TABLE 114         OIL & GAS: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          182

TABLE 115         OIL & GAS: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          183

TABLE 116         OIL & GAS: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          183

TABLE 117         OIL & GAS: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          183

TABLE 118         WATER & WASTEWATER TREATMENT: INDUSTRIAL VALVES MARKET, BY REGION, 2020–2023 (USD MILLION)            185

TABLE 119         WATER & WASTEWATER TREATMENT: INDUSTRIAL VALVES MARKET, BY REGION, 2024–2029 (USD MILLION)            185

TABLE 120         WATER & WASTEWATER TREATMENT: INDUSTRIAL VALVES MARKET,

BY ROTARY VALVE, 2020–2023 (USD MILLION)  185

TABLE 121         WATER & WASTEWATER TREATMENT: INDUSTRIAL VALVES MARKET,

BY ROTARY VALVE, 2024–2029 (USD MILLION)  186

TABLE 122         WATER & WASTEWATER TREATMENT: INDUSTRIAL VALVES MARKET,

BY LINEAR VALVE, 2020–2023 (USD MILLION)    186

TABLE 123         WATER & WASTEWATER TREATMENT: INDUSTRIAL VALVES MARKET,

BY LINEAR VALVE, 2024–2029 (USD MILLION)    186

TABLE 124         ENERGY & POWER: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          188

TABLE 125         ENERGY & POWER: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          188

TABLE 126         ENERGY & POWER: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          188

TABLE 127         ENERGY & POWER: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          189

TABLE 128         ENERGY & POWER: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          189

TABLE 129         ENERGY & POWER: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          189

TABLE 130         PHARMACEUTICAL: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          191

TABLE 131         PHARMACEUTICAL: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          191

TABLE 132         PHARMACEUTICAL: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          191

TABLE 133         PHARMACEUTICAL: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          192

TABLE 134         PHARMACEUTICAL: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          192

TABLE 135         PHARMACEUTICAL: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          192

TABLE 136         FOOD & BEVERAGE: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          194

TABLE 137         FOOD & BEVERAGE: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          194

TABLE 138         FOOD & BEVERAGE: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          194

TABLE 139         FOOD & BEVERAGE: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          194

TABLE 140         FOOD & BEVERAGE: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          195

TABLE 141         FOOD & BEVERAGE: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          195

TABLE 142         CHEMICAL: INDUSTRIAL VALVES MARKET, BY REGION, 2020–2023 (USD MILLION)     196

TABLE 143         CHEMICAL: INDUSTRIAL VALVES MARKET, BY REGION, 2024–2029 (USD MILLION)     197

TABLE 144         CHEMICAL: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          197

TABLE 145         CHEMICAL: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          197

TABLE 146         CHEMICAL: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          197

TABLE 147         CHEMICAL: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          198

TABLE 148         BUILDING & CONSTRUCTION: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          199

TABLE 149         BUILDING & CONSTRUCTION: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          199

TABLE 150         BUILDING & CONSTRUCTION: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE, 2020–2023 (USD MILLION)  199

TABLE 151         BUILDING & CONSTRUCTION: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE, 2024–2029 (USD MILLION)  200

TABLE 152         BUILDING & CONSTRUCTION: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE, 2020–2023 (USD MILLION)    200

TABLE 153         BUILDING & CONSTRUCTION: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE, 2024–2029 (USD MILLION)    200

TABLE 154         PAPER & PULP: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          202

TABLE 155         PAPER & PULP: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          202

TABLE 156         PAPER & PULP: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          203

TABLE 157         PAPER & PULP: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          203

TABLE 158         PAPER & PULP: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          203

TABLE 159         PAPER & PULP: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          204

TABLE 160         METAL & MINING: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          205

TABLE 161         METAL & MINING: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          206

TABLE 162         METAL & MINING: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          206

TABLE 163         METAL & MINING: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          206

TABLE 164         METAL & MINING: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          207

TABLE 165         METAL & MINING: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          207

TABLE 166         AGRICULTURE: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          209

TABLE 167         AGRICULTURE: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          209

TABLE 168         AGRICULTURE: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          209

TABLE 169         AGRICULTURE: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          209

TABLE 170         AGRICULTURE: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          210

TABLE 171         AGRICULTURE: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          210

TABLE 172        SEMICONDUCTOR: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          212

TABLE 173        SEMICONDUCTOR: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          212

TABLE 174         SEMICONDUCTOR: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2020–2023 (USD MILLION)          212

TABLE 175         SEMICONDUCTOR: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE,

2024–2029 (USD MILLION)          212

TABLE 176         SEMICONDUCTOR: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2020–2023 (USD MILLION)          213

TABLE 177         SEMICONDUCTOR: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE,

2024–2029 (USD MILLION)          213

TABLE 178         OTHER END-USE INDUSTRIES: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          214

TABLE 179         OTHER END-USE INDUSTRIES: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          214

TABLE 180         OTHER END-USE INDUSTRIES: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE, 2020–2023 (USD MILLION)  214

TABLE 181         OTHER END-USE INDUSTRIES: INDUSTRIAL VALVES MARKET, BY ROTARY VALVE, 2024–2029 (USD MILLION)  215

TABLE 182         OTHER END-USE INDUSTRIES: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE, 2020–2023 (USD MILLION)    215

TABLE 183         OTHER END-USE INDUSTRIES: INDUSTRIAL VALVES MARKET, BY LINEAR VALVE, 2024–2029 (USD MILLION)    215

TABLE 184         INDUSTRIAL VALVES MARKET, BY REGION, 2020–2023 (USD MILLION)          218

TABLE 185         INDUSTRIAL VALVES MARKET, BY REGION, 2024–2029 (USD MILLION)          218

TABLE 186         SHIPMENTS: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (THOUSAND UNITS) 218

TABLE 187         SHIPMENTS: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (THOUSAND UNITS) 219

TABLE 188         NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          221

TABLE 189         NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          221

TABLE 190         NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          221

TABLE 191         NORTH AMERICA: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          222

TABLE 192         EUROPE: INDUSTRIAL VALVES MARKET, BY COUNTRY, 2020–2023 (USD MILLION)     226

TABLE 193         EUROPE: INDUSTRIAL VALVES MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     226

TABLE 194         EUROPE: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          227

TABLE 195         EUROPE: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          227

TABLE 196         ASIA PACIFIC: INDUSTRIAL VALVES MARKET, BY COUNTRY,

2020–2023 (USD MILLION)          232

TABLE 197         ASIA PACIFIC: INDUSTRIAL VALVES MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          232

TABLE 198         ASIA PACIFIC: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2020–2023 (USD MILLION)          233

TABLE 199         ASIA PACIFIC: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY,

2024–2029 (USD MILLION)          233

TABLE 200         REST OF THE WORLD: INDUSTRIAL VALVES MARKET, BY REGION,

2020–2023 (USD MILLION)          236

TABLE 201         REST OF THE WORLD: INDUSTRIAL VALVES MARKET, BY REGION,

2024–2029 (USD MILLION)          236

TABLE 202         REST OF THE WORLD: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION)         237

TABLE 203         REST OF THE WORLD: INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION)         237

TABLE 204         MIDDLE EAST: INDUSTRIAL VALVES MARKET, COUNTRY,

2020–2023 (USD MILLION)          238

TABLE 205         MIDDLE EAST: INDUSTRIAL VALVES MARKET, BY COUNTRY,

2024–2029 (USD MILLION)          238

TABLE 206         INDUSTRIAL VALVES MARKET: MAJOR STRATEGIES DEPLOYED BY KEY PLAYERS     240

TABLE 207         INDUSTRIAL VALVES MARKET: DEGREE OF COMPETITION              243

TABLE 208         INDUSTRIAL VALVES MARKET: VALVE TYPE FOOTPRINT              251

TABLE 209         INDUSTRIAL VALVES MARKET: FLUID TYPE FOOTPRINT              252

TABLE 210         INDUSTRIAL VALVES MARKET: END-USE INDUSTRY FOOTPRINT      253

TABLE 211         INDUSTRIAL VALVES MARKET: REGION FOOTPRINT    254

TABLE 212         INDUSTRIAL VALVES MARKET: LIST OF KEY STARTUPS/SMES              257

TABLE 213         INDUSTRIAL VALVES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES, BY TYPE             257

TABLE 214         INDUSTRIAL VALVES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES, BY FLUID TYPE 258

TABLE 215         INDUSTRIAL VALVES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES, BY END-USE INDUSTRY 259

TABLE 216         INDUSTRIAL VALVES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES, BY REGION        260

TABLE 217         INDUSTRIAL VALVES MARKET: PRODUCT LAUNCHES,

JANUARY 2021–AUGUST 2024     261

TABLE 218         INDUSTRIAL VALVES MARKET: DEALS, JANUARY 2021–AUGUST 2024    263

TABLE 219         INDUSTRIAL VALVES MARKET: EXPANSIONS, JANUARY 2021–AUGUST 2024    264

TABLE 220         INDUSTRIAL VALVES MARKET: OTHER DEVELOPMENTS,

JANUARY 2021–AUGUST 2024     265

TABLE 221         EMERSON ELECTRIC CO.: COMPANY OVERVIEW            266

TABLE 222         EMERSON ELECTRIC CO.: PRODUCTS OFFERED             268

TABLE 223         EMERSON ELECTRIC CO.: PRODUCT LAUNCHES            269

TABLE 224         SLB: COMPANY OVERVIEW        271

TABLE 225         SLB: PRODUCTS OFFERED        272

TABLE 226         SLB: EXPANSIONS          273

TABLE 227         FLOWSERVE CORPORATION: COMPANY OVERVIEW     275

TABLE 228         FLOWSERVE CORPORATION: PRODUCTS OFFERED      276

TABLE 229         FLOWSERVE CORPORATION: PRODUCT LAUNCHES     278

TABLE 230         FLOWSERVE CORPORATION: OTHER DEVELOPMENTS 278

TABLE 231         IMI: COMPANY OVERVIEW        280

TABLE 232         IMI: PRODUCTS OFFERED         281

TABLE 233         IMI: PRODUCT LAUNCHES        282

TABLE 234         IMI: EXPANSIONS           283

TABLE 235         CRANE COMPANY: COMPANY OVERVIEW          284

TABLE 236         CRANE COMPANY: PRODUCTS OFFERED           285

TABLE 237         CRANE COMPANY: EXPANSIONS            286

TABLE 238         VALMET: COMPANY OVERVIEW             288

TABLE 239         VALMET: PRODUCTS OFFERED 289

TABLE 240         VALMET: DEALS            290

TABLE 241         SPIRAX SARCO LIMITED: COMPANY OVERVIEW 291

TABLE 242         SPIRAX SARCO LIMITED: PRODUCTS OFFERED 292

TABLE 243         SPIRAX SARCO LIMITED: DEALS             293

TABLE 244         KITZ CORPORATION: COMPANY OVERVIEW     294

TABLE 245         KITZ CORPORATION: PRODUCTS OFFERED      295

TABLE 246         KSB SE & CO. KGAA: COMPANY OVERVIEW        297

TABLE 247         KSB SE & CO. KGAA: PRODUCTS OFFERED         298

TABLE 248         KSB SE & CO. KGAA: PRODUCT LAUNCHES        299

TABLE 249         KSB SE & CO. KGAA: EXPANSIONS          300

TABLE 250         ALFA LAVAL: COMPANY OVERVIEW      301

TABLE 251         ALFA LAVAL: PRODUCTS OFFERED       302

TABLE 252         ALFA LAVAL: DEALS     303

TABLE 253         ALFA LAVAL: OTHER DEVELOPMENTS 303

TABLE 254         CURTISS-WRIGHT CORPORATION: COMPANY OVERVIEW              304

TABLE 255         CURTISS-WRIGHT CORPORATION: PRODUCTS OFFERED              305

TABLE 256         PARKER HANNIFIN CORP.: COMPANY OVERVIEW          307

TABLE 257         PARKER HANNIFIN CORP.: PRODUCTS OFFERED           308

TABLE 258         PARKER HANNIFIN CORP.: PRODUCT LAUNCHES          309

TABLE 259         PARKER HANNIFIN CORP.: DEALS          310

TABLE 260         BRAY INTERNATIONAL: COMPANY OVERVIEW 311

TABLE 261         BRAY INTERNATIONAL: PRODUCTS OFFERED  311

TABLE 262         BAKER HUGHES COMPANY: COMPANY OVERVIEW        312

TABLE 263         BAKER HUGHES COMPANY: PRODUCTS OFFERED         313

TABLE 264         IDEX: COMPANY OVERVIEW     314

TABLE 265         IDEX: PRODUCTS OFFERED      315

TABLE 266         IDEX: DEALS     316

TABLE 267         CIRCOR INTERNATIONAL, INC.: COMPANY OVERVIEW 317

TABLE 268         ROTORK: COMPANY OVERVIEW            318

TABLE 269         NEWAY VALVE: COMPANY OVERVIEW  319

TABLE 270         VELAN INC.: COMPANY OVERVIEW       320

TABLE 271         DANFOSS: COMPANY OVERVIEW           321

TABLE 272         GEORG FISCHER LTD.: COMPANY OVERVIEW   322

TABLE 273         SAMSONCONTROLS.NET: COMPANY OVERVIEW            323

TABLE 274         AVK HOLDING A/S: COMPANY OVERVIEW         324

TABLE 275         KLINGER HOLDING: COMPANY OVERVIEW       325

TABLE 276         TRILLIUM FLOW TECHNOLOGIES: COMPANY OVERVIEW              326

TABLE 277         EBRO ARMATUREN GEBR. BRÖER GMBH: COMPANY OVERVIEW        327

TABLE 278         VALVITALIA SPA: COMPANY OVERVIEW             328

TABLE 279         GEFA PROCESSTECHNIK GMBH: COMPANY OVERVIEW 329

TABLE 280         AVCON CONTROLS PVT LTD.: COMPANY OVERVIEW    330

TABLE 281         FORBES MARSHALL: COMPANY OVERVIEW       331

TABLE 282         FRENSTAR: COMPANY OVERVIEW         332

TABLE 283         HAM-LET GROUP: COMPANY OVERVIEW           333

TABLE 284         DWYER INSTRUMENTS, LLC: COMPANY OVERVIEW      334

TABLE 285         APOLLO VALVES: COMPANY OVERVIEW            335

TABLE 286         NOVEL VALVES INDIA PVT. LTD: COMPANY OVERVIEW              336

LIST OF FIGURES

FIGURE 1           INDUSTRIAL VALVES MARKET: SEGMENTS CONSIDERED              34

FIGURE 2           INDUSTRIAL VALVES MARKET: YEARS CONSIDERED     36

FIGURE 3           INDUSTRIAL VALVES MARKET: RESEARCH DESIGN       39

FIGURE 4           INDUSTRIAL VALVES MARKET: KEY DATA FROM SECONDARY SOURCES           40

FIGURE 5           INDUSTRIAL VALVES MARKET: BREAKDOWN OF PRIMARIES              41

FIGURE 6           INDUSTRIAL VALVES MARKET: KEY DATA FROM PRIMARY SOURCES           41

FIGURE 7           INDUSTRIAL VALVES MARKET: PRIMARY AND SECONDARY RESEARCH APPROACH 42

FIGURE 8           INDUSTRIAL VALVES MARKET: KEY INSIGHTS FROM INDUSTRY EXPERTS     43

FIGURE 9           INDUSTRIAL VALVES MARKET: MARKET SIZE ESTIMATION (SUPPLY SIDE) 44

FIGURE 10         MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH  45

FIGURE 11         MARKET SIZE ESTIMATION: TOP-DOWN APPROACH    46

FIGURE 12         INDUSTRIAL VALVES MARKET: DATA TRIANGULATION              46

FIGURE 13         INDUSTRIAL VALVES MARKET: STUDY ASSUMPTIONS  47

FIGURE 14         BALL VALVES TO RECORD HIGHEST CAGR BETWEEN 2024 AND 2029      50

FIGURE 15         LIQUID VALVES TO HOLD LARGEST MARKET SHARE IN 2029              50

FIGURE 16         ACTUATORS TO COMMAND LARGEST MARKET SHARE DURING FORECAST PERIOD     51

FIGURE 17         CONTROL VALVES TO RECORD HIGHEST GROWTH RATE FROM 2024 TO 2029       51

FIGURE 18         1”–6” TO DOMINATE INDUSTRIAL VALVES MARKET DURING STUDY PERIOD 52

FIGURE 19         OIL & GAS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD      52

FIGURE 20         ASIA PACIFIC TO EXHIBIT HIGHEST CAGR BETWEEN 2024 AND 2029      53

FIGURE 21         RAPID INDUSTRIALIZATION IN EMERGING ECONOMIES TO DRIVE MARKET 54

FIGURE 22         GLOBE VALVES TO CAPTURE LARGEST MARKET SHARE IN 2029      55

FIGURE 23         LIQUID SEGMENT TO DOMINATE INDUSTRIAL VALVES MARKET DURING FORECAST PERIOD   55

FIGURE 24         <50 BAR VALVES TO COMMAND LARGEST MARKET SHARE IN 2029      56

FIGURE 25         PLASTIC VALVES TO GROW AT HIGHEST CAGR DURING STUDY PERIOD 56

FIGURE 26         CHEMICAL INDUSTRY TO REGISTER HIGHEST GROWTH RATE BETWEEN

2024 AND 2029  57

FIGURE 27         SOUTH KOREA TO REGISTER HIGHEST CAGR DURING STUDY PERIOD              58

FIGURE 28         ASIA PACIFIC TO HOLD LARGEST MARKET SHARE IN 2029              58

FIGURE 29         INDUSTRIAL VALVES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES        59

FIGURE 30         INDUSTRIAL VALVES MARKET: IMPACT ANALYSIS OF DRIVERS              63

FIGURE 31         INDUSTRIAL VALVES MARKET: IMPACT ANALYSIS OF RESTRAINTS     64

FIGURE 32         INDUSTRIAL VALVES MARKET: IMPACT ANALYSIS OF OPPORTUNITIES           68

FIGURE 33         INDUSTRIAL VALVES MARKET: IMPACT ANALYSIS OF CHALLENGES   70

FIGURE 34         INDUSTRIAL VALVES MARKET: VALUE CHAIN ANALYSIS              71

FIGURE 35         INDUSTRIAL VALVES MARKET: MANUFACTURING ECOSYSTEM     73

FIGURE 36         INDUSTRIAL VALVES MARKET: ECOSYSTEM ANALYSIS 73

FIGURE 37         INDUSTRIAL VALVES MARKET: FUNDING AND NUMBER OF DEALS, 2019–2023           75

FIGURE 38         AVERAGE SELLING PRICE OF INDUSTRIAL VALVES, 2020–2023              76

FIGURE 39         AVERAGE SELLING PRICE OF INDUSTRIAL VALVES OFFERED BY KEY PLAYERS,

BY TYPE (USD) 77

FIGURE 40         INDICATIVE PRICE TREND OF INDUSTRIAL VALVES OFFERED BY KEY PLAYERS,

BY REGION, 2020–2023 (USD)     78

FIGURE 41         INDUSTRIAL VALVES MARKET: TRENDS/DISRUPTIONS IMPACTING

CUSTOMER BUSINESS   79

FIGURE 42         INDUSTRIAL VALVES MARKET: PORTER’S FIVE FORCES ANALYSIS          81

FIGURE 43         INFLUENCE OF KEY STAKEHOLDERS FROM TOP THREE END-USE INDUSTRIES            83

FIGURE 44         KEY BUYING CRITERIA OF TOP THREE END-USE INDUSTRIES              84

FIGURE 45         IMPORT DATA FOR HS CODE 8481, 2019–2023 (USD MILLION)              87

FIGURE 46         EXPORT DATA FOR HS CODE 8481, 2019–2023 (USD MILLION)              88

FIGURE 47         NUMBER OF PATENTS GRANTED ANNUALLY, 2014–2023              89

FIGURE 48         TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS

IN LAST 10 YEARS          89

FIGURE 49         AI USE CASES IN INDUSTRIAL VALVES MARKET 98

FIGURE 50         INDUSTRIAL VALVES MARKET, BY VALVE SEALING       99

FIGURE 51         SOFT SEATED VALVES ACCOUNTED FOR LARGEST MARKET SHARE IN 2023  100

FIGURE 52         INDUSTRIAL VALVES MARKET, BY VALVE TYPE 104

FIGURE 53         LINEAR VALVES TO COMMAND HIGHER CAGR DURING STUDY PERIOD              104

FIGURE 54         BALL VALVES TO COMMAND LARGEST SHARE IN ROTARY VALVES MARKET DURING FORECAST PERIOD  105

FIGURE 55         GLOBE VALVES TO ACCOUNT FOR LARGEST SHARE IN LINEAR VALVES MARKET FROM 2024 TO 2029    117

FIGURE 56         INDUSTRIAL VALVES MARKET, BY FLUID TYPE 139

FIGURE 57         LIQUID VALVES TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD       139

FIGURE 58         INDUSTRIAL VALVES MARKET, BY COMPONENT           151

FIGURE 59         ACTUATORS TO COMMAND LARGEST MARKET SHARE IN 2029              151

FIGURE 60         INDUSTRIAL VALVES MARKET, BY FUNCTION  156

FIGURE 61         ON/OFF VALVES TO DOMINATE MARKET DURING STUDY PERIOD              156

FIGURE 62         INDUSTRIAL VALVES MARKET, BY MATERIAL   161

FIGURE 63         STEEL TO HOLD LARGEST MARKET SHARE FROM 2024 TO 2029              162

FIGURE 64         INDUSTRIAL VALVES MARKET, BY SIZE 168

FIGURE 65         >1”–6” SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING

FORECAST PERIOD       169

FIGURE 66         INDUSTRIAL VALVES MARKET, BY PRESSURE RANGE    173

FIGURE 67         <50 BAR SEGMENT TO COMMAND LARGEST MARKET SHARE DURING

STUDY PERIOD 174

FIGURE 68         INDUSTRIAL VALVES MARKET, BY END-USE INDUSTRY 178

FIGURE 69         OIL & GAS TO ACCOUNT FOR LARGEST MARKET SHARE IN 2029      179

FIGURE 70         INDUSTRIAL VALVES MARKET, BY REGION        217

FIGURE 71         ASIA PACIFIC INDUSTRIAL VALVES MARKET TO REGISTER HIGHEST CAGR

FROM 2024 TO 2029       217

FIGURE 72         NORTH AMERICA: INDUSTRIAL VALVES MARKET SNAPSHOT              220

FIGURE 73         EUROPE: INDUSTRIAL VALVES MARKET SNAPSHOT      225

FIGURE 74         ASIA PACIFIC: INDUSTRIAL VALVES MARKET SNAPSHOT              231

FIGURE 75         REST OF THE WORLD: INDUSTRIAL VALVES MARKET SNAPSHOT        236

FIGURE 76         INDUSTRIAL VALVES MARKET: REVENUE ANALYSIS OF KEY PLAYERS (2020–2023)     242

FIGURE 77         INDUSTRIAL VALVES MARKET: SHARE OF KEY PLAYERS (2023)              243

FIGURE 78         INDUSTRIAL VALVES MARKET: COMPANY VALUATION 246

FIGURE 79         INDUSTRIAL VALVES MARKET: FINANCIAL METRICS (EV/EBITDA)    246

FIGURE 80         INDUSTRIAL VALVES MARKET: BRAND/PRODUCT COMPARATIVE

ANALYSIS FOR KEY PLAYERS     247

FIGURE 81         INDUSTRIAL VALVES MARKET: COMPANY EVALUATION MATRIX

(KEY PLAYERS), 2023     249

FIGURE 82         INDUSTRIAL VALVES MARKET: COMPANY FOOTPRINT 250

FIGURE 83         INDUSTRIAL VALVES MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023             256

FIGURE 84         EMERSON ELECTRIC CO.: COMPANY SNAPSHOT            267

FIGURE 85         SLB: COMPANY SNAPSHOT       272

FIGURE 86         FLOWSERVE CORPORATION: COMPANY SNAPSHOT     276

FIGURE 87         IMI: COMPANY SNAPSHOT        281

FIGURE 88         CRANE COMPANY: COMPANY SNAPSHOT          285

FIGURE 89         VALMET: COMPANY SNAPSHOT            289

FIGURE 90         SPIRAX SARCO LIMITED: COMPANY SNAPSHOT             292

FIGURE 91         KITZ CORPORATION: COMPANY SNAPSHOT     295

FIGURE 92         KSB SE & CO. KGAA: COMPANY SNAPSHOT        298

FIGURE 93         ALFA LAVAL: COMPANY SNAPSHOT      302

FIGURE 94         CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT              305

FIGURE 95         PARKER HANNIFIN CORP.: COMPANY SNAPSHOT          308

FIGURE 96         BAKER HUGHES COMPANY: COMPANY SNAPSHOT        313

FIGURE 97         IDEX: COMPANY SNAPSHOT     315