Summary

Control Valve Market Size
The global control valve market size was valued at $7.19 billion in 2024 and is projected to reach $10.49 billion by 2030, growing at a CAGR of 6.5% during the forecast period.

Control Valve Market Overview
Control valves are critical components in various industrial processes, serving to regulate the flow rate, pressure, temperature, or level of fluids such as liquids, gases, or steam within a system. These valves work by modulating the flow of the fluid in response to signals from controllers or automation systems, allowing for precise control over the process variables. Control valves are normally made up of three parts: the valve body, the actuator, and the valve trim, which consists of the valve plug, seat, and other components that work together to regulate flow. Actuators can be pneumatic, electric, or hydraulic, depending on the application needs. Control valves are essential for maintaining process efficiency, assuring safety, and reaching operational goals in industries such as oil and gas, chemical processing, power generation, water treatment, and HVAC systems. They enable operators to adjust and fine-tune process parameters to achieve desired outcomes, whether it's maintaining optimal temperatures, controlling fluid levels, or managing flow rates.

Control Valve Market Dynamics
• Factors such as the increasing demand for industrial automation, growing emphasis on process optimization and efficiency, and expansion of oil and gas exploration and production activities are driving the market growth.
• Additionally, the adoption of smart valves with advanced control features, rising focus on environmental sustainability and energy conservation, and emerging applications in pharmaceutical and biotechnology industries are the prominent factors driving the growth of the control valve market.
• However, the high initial investment and installation costs, concerns regarding cybersecurity risks in connected control systems, and volatility in raw material prices affecting manufacturing costs are restraining the market growth.
• Conversely, the integration of control valves with Industrial Internet of Things (iiot) technologies, expansion of process industries in developing economies, and development of innovative valve technologies for specialized applications are creating opportunities for market growth.


By Product, the Rotary Segment Holds the Dominant Position in the Market Revenue
The rotary segment commands the leading position in market revenue during the forecast period due to they have distinct advantages over other valve types, especially in applications where precise flow control and high-pressure handling capabilities are critical. These valves are ideal for controlling fluid flow in industries including oil and gas, chemical processing, and power production, where dependability and durability are critical. Rotary valves are excellent at managing a variety of media, including liquids, gases, and slurries, making them suitable for a wide range of applications.

Furthermore, advances in valve technology have resulted in the development of rotary valves with enhanced sealing mechanisms, lower leakage rates, and higher operational efficiency. Rotary control valves are increasingly being used to optimize processes, increase efficiency, and assure regulatory compliance in various industries.

In addition, the rise of industries such as oil refining, petrochemicals, and pharmaceuticals, together with the growing trend of automation and digitalization, drives increased demand for rotary control valves. As businesses strive for higher operational efficiency and process dependability, the rotary segment of the global control valves market continues to experience strong growth and demand.

By Geography, North America Dominates by Being the Largest Market for Control Valve
North America leads as the primary market for control valves due to the rapid industrial automation. Both the United States and Canada witness substantial demand across various industries, including oil and gas, electricity, food and packaging, and chemicals. The growing industrialization and expanding transportation sector in these countries are anticipated to fuel the demand for oil and gas. Additionally, the necessity to provide clean drinking water to an ever-increasing population pushes the development of desalination plants, which increases the demand for control valves.

Waste and wastewater management emerge as key categories projected to drive future demand. The rapid expansion of oil production in the United States is notable. Furthermore, the region has witnessed an increase in the number of application areas for control valves, owing to the growing emphasis on renewable energy initiatives. This emphasis has resulted in a rapid increase in the number of solar thermal energy plants. North America has abundant wind, solar, geothermal, hydro, and biomass resources. The availability of extensive finance opportunities and a highly skilled workforce fuels the demand for renewable energy projects.

Key Target Audience:
• Oil and Gas Companies
• Chemical Processing Plants
• Power Generation Facilities
• Water and Wastewater Treatment Plants
• Petrochemical Industries

List of the Key Players Profiled in the Report Includes:
• Emerson Electric Co.
• Flowserve Corporation
• IMI
• Curtiss-Wright Corporation
• Valmet
• SLB
• Spirax Sarco Limited
• Crane Company
• KITZ Corporation
• Christian Bürkert GmbH & Co. KG
• AVK Holding A/S
• Bürkert Fluid Control Systems
• General Electric Company
• Honeywell International Inc.

Recent Developments:
• In November 2023, Emerson Electric Co. revealed its new Fisher Whisper Trim Technology, designed exclusively for rotary and globe valves. This addition expands Emerson's already diverse Whisper noise solutions portfolio. Using additive manufacturing and innovative processes, this next-generation Fisher Whisper Trim technology solves noise issues by fine-tuning trim designs to improve performance.

Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Component:
• Valve Body
• Actuators
• Other Components

Market by, Product:
• Linear
o Gate
o Diaphragm
o Other Linear Products
• Rotary
o Ball
o Butterfly
o Plug

Market by, Size :
• Up to 1"
• >1" - 6"
• >6" - 25"
• >25" - 50"
• >50"

Market by, Application:
• Oil & Gas
• Chemicals
• Energy & Power
• Water & Wastewater Treatment
• Food & Beverages
• Pharmaceuticals
• Other Applications

Market by, Material:
• Stainless Steel
• Cast Iron
• Cryogenic
• Alloy Based
• Other Materials

Scope of the Report:
The report “Control Valve Market: Industry Analysis, Opportunities and Forecast up to 2030” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:
• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.
• Analysis of the market structure by identifying various segments and sub-segments of the market.
• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.
• Understand major player profiles in the market and analyze their business strategies.
• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.

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Table of Contents

1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations

2 Executive Summary

3 Research Methodology
3.1 Identification of Data
3.2 Data Analysis
3.3 Verification
3.4 Data Sources
3.5 Assumptions

4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges


5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market

6 Global Control Valve Market by, Component
6.1 Overview
6.2 Valve Body
6.3 Actuators
6.4 Other Components

7 Global Control Valve Market by, Product
7.1 Overview
7.2 Linear
7.2.1 Gate
7.2.2 Diaphragm
7.2.3 Other Linear Products
7.3 Rotary
7.3.1 Ball
7.3.2 Butterfly
7.3.3 Plug

8 Global Control Valve Market by, Size
8.1 Overview
8.2 Up to 1"
8.3 >1" - 6"
8.4 >6" - 25"
8.5 >25" - 50"
8.6 >50"

9 Global Control Valve Market by, Application
9.1 Overview
9.2 Oil & Gas
9.3 Chemicals
9.4 Energy & Power
9.5 Water & Wastewater Treatment
9.6 Food & Beverages
9.7 Pharmaceuticals
9.8 Metals and Mining
9.9 Building and Construction
9.10 Pulp & Paper
9.11 Other Applications

10 Global Control Valve Market by, Material
10.1 Overview
10.2 Stainless Steel
10.3 Cast Iron
10.4 Cryogenic
10.5 Alloy Based
10.6 Other Materials

11 Global Control Valve Market by, Geography
11.1 Overview
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Australia
11.4.6 New Zealand
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Brazil
11.5.2 Argentina
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 UAE
11.6.2 Saudi Arabia
11.6.3 Qatar
11.6.4 Iran
11.6.5 South Africa
11.6.6 Rest of Middle East & Africa

12 Key Developments

13 Company Profiling
13.1 Emerson Electric Co.
13.1.1 Business Overview
13.1.2 Product/Service Offering
13.1.3 Financial Overview
13.1.4 SWOT Analysis
13.1.5 Key Activities
13.2 Flowserve Corporation
13.3 IMI
13.4 Curtiss-Wright Corporation
13.5 Valmet
13.6 SLB
13.7 Spirax Sarco Limited
13.8 Crane Company
13.9 KITZ Corporation
13.10 Christian Bürkert GmbH & Co. KG
13.11 AVK Holding A/S
13.12 Bürkert Fluid Control Systems
13.13 General Electric Company
13.14 Honeywell International Inc.