Market Research Reports

According to IMARC Group’s latest report, titled “ Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, the global industrial valves market size reached US$ 68.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 105.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028 . Year Considered to Estimate the Market Size: Base Year of the Analysis: 2022 Historical Period: 2017-2022 Forecast Period: 2023-2028 Industrial valves play a crucial role in regulating the flow of gases, liquids, and slurries through pipes and other passageways. These electromechanical devices control the flow through a partial obstruction, opening, or closing of the passageway. Some primary components of industrial valves include sealing rings, body, steam packing, end connectors, union bolts, bonnet yoke nut, operators and actuators, shell, discs, and trim, which work together to ensure eff...

According to IMARC Group’s latest report, titled “ Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the global industrial valves market reached a value of US$ 64.04 Billion in 2021 . Looking forward, IMARC Group expects the market to reach US$ 97.19 Billion by 2027, exhibiting at a CAGR of 7.3 %  during 2022-2027. Industrial valves are mechanical devices used to regulate the flow and pressure of liquids, gases, and slurries in a piping system. The major components of valves are body (or enclosure), bonnet, actuator, valve member and seat. Industrial valves assist in stopping the flow rate through the pipe whenever required, prevent flow return to the pressurized side and protect equipment from overpressure hazards. These valves are available in numerous types based on different sizes, designs, functions and operations. As a result, industrial valves are widely adopted across the chemical, pharmaceutical...

According to IMARC Group’s latest report, titled “ Industrial Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the global industrial valves market grew at a CAGR of around 4% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025. Industrial valves are mechanical devices used to regulate the flow and pressure of liquids, gases, and slurries in a piping system. The major components of valves are body (or enclosure), bonnet, actuator, valve member and seat. Industrial valves assist in stopping the flow rate through the pipe whenever required, prevent flow return to the pressurized side and protect equipment from overpressure hazards. These valves are available in numerous types based on different sizes, designs, functions and operations. As a result, industrial valves are widely adopted across the chemical, pharmaceutical, water & wastewater treatment, food and beverag...