The control valves market was valued at USD 11.4 billion by 2024, registering a CAGR 6.9% during the forecast period (2018 – 2024). They are extensively being used for regulating process variables such as temperature, flow, fluid level and pressure in the process industries such as chemicals, oil & gas, power generation, food & beverages, mining, water management and pharmaceuticals segment.

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Control valves play a significant role in increasing profitability, efficiency and safety of process industries. The providers of control valves are persistently upgrading and evolving their technology and research and development events in order to meet the ever-changing demands of the manufacturers of several different industries. Moreover, increasing demand for automation and increasing investment avenues among the process industries such as oil & gas industry along with a huge number of projects for industrial development in several developing economies are the major factors driving the growth of global control valves market.

Geographically, Asia-Pacific has been generating the largest revenue of in 2017 and is further projected to generate the largest revenue by 2024 in the global control valves market.

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Some of the key players in the global control valves market include Burkert Fluid Control System, Curtiss-Wright Corporation, Emerson, Flowserve Corporation, Crane Co., Alfa Laval, Velan Inc., Samson AG, Pentair PLC., and Kitz Corporation.

Global Control Valves Market Coverage

Actuation Technology Insight and Forecast 2014 – 2024

Manual Control Valve
Hydraulic Control Valve
Electric Control Valve
Pneumatic Control Valve
Type Insight and Forecast 2014 – 2024

Ball Valve
Butterfly Valve
Globe Valve
Cryogenic Valve
Gate Valve
Diaphragm Valve
Others

Application Insight and Forecast 2014 – 2024

Water & Wastewater

Pharmaceuticals

Oil & Gas

Chemicals

Food & Beverages

Automotive

Energy & Power

Building & Construction

Others

Geographical Segmentation

Control Valves Market by Region

North America

U.S.
By Actuation Technology
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By Application
Canada
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Mexico
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Europe

Germany

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U.K.

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France

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Italy

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Spain

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Netherlands

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Russia

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Rest of Europe

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Asia-Pacific

Japan

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China
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India
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South Korea
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Thailand
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Indonesia
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Rest of Asia-Pacific
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Rest of the World (RoW)

Brazil

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Saudi Arabia

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South Africa

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UAE

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Argentina

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Others

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