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Control Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global control valves market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A control valve is a mechanical device that is used to regulate the flow of a liquid or gas through internal passages. It consists of a pneumatically or electrically operated actuator that is mounted on a valve for modulating the flow. Some of the most common types of control valves include ball, butterfly, plug, gate and diaphragm valves that can automatically adjust the pressure, flow rate, density, temperature and concentration of the product. They are usually integrated with various accessories, such as electro-pneumatic transducers, handwheels, position indicators and limit switches and find extensive applications across multiple industries, including oil and gas, water and wastewater treatment, power, pharmaceutical and chemical.

The continually increasing demand for oil and gas from the industrial, transportation and residential sectors is the primary factor driving the market growth. Furthermore, increasing consumer preference for stainless steel product variants is also providing a boost to the market growth. Control valves further find extensive application in the food and beverage and chemical industries as they aid in minimizing contamination while handling steam, along with exhibiting resistance to abrasion and corrosion, and effective functionality even under high pressure and temperatures. Additionally, various technological advancements, such as the integration of these valves with the Industrial Internet of Things (IIoT) and the development of 3D printed valves, are creating a positive outlook for the market growth. Other factors, including extensive research and development (R&D) undertaken by manufacturers and key industry players to continually launch product variants in accordance with the changing needs of various industries, are expected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global control valves market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, size, technology, component, material and end-use industry.

Breakup by Type:

  • Rotary Valves
    • Ball Valve
    • Butterfly Valves
    • Plug Valves
  • Linear Valves
    • Gate Valves
    • Diaphragm Valves
    • Other Valves
       

Breakup by Size:

  • Up to 1"
  • >1" to 7"
  • >7" to 25"
  • >25" to 50"
  • >50" and Above
     

Breakup by Technology:

  • Electric
  • Hydraulic
  • Manual
  • Pneumatic
     

Breakup by Component:

Breakup by Material:

  • Stainless Steel
  • Cast Iron
  • Alloy Based
  • Others
     

Breakup by End-Use Industry:

  • Oil & Gas
  • Water & Wastewater Treatment
  • Energy & Power
  • Pharmaceutical & Healthcare
  • Chemicals
  • Building & Construction
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Burkert Fluid Control Systems, Curtiss-Wright Corporation, Emerson, Flowserve Corporation, Honeywell International, IMI PLC., Kitz Corporation, Samson AG, Spirax Sarco, Valvitalia SpA, Velan Inc., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Type, Size, Technology, Component, Material, End-Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Burkert Fluid Control Systems, Curtiss-Wright Corporation, Emerson, Flowserve Corporation, Honeywell International, IMI PLC., Kitz Corporation, Samson AG, Spirax Sarco, Valvitalia SpA and Velan Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Control Valves Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Rotary Valves
        6.1.1 Market Trends
        6.1.2 Market Breakup by Type
           6.1.2.1 Ball Valves
           6.1.2.2 Butterfly Valves
           6.1.2.3 Plug Valves
        6.1.3 Market Forecast
    6.2    Linear Valves
        6.2.1 Market Trends
        6.2.2 Market Breakup by Type
           6.2.2.1 Gate Valves
           6.2.2.2 Diaphragm Valves
           6.2.2.3 Other Valves
        6.2.3 Market Forecast
7   Market Breakup by Size
    7.1    Up to 1"
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    >1" to 7"
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    >7" to 25"
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    >25" to 50"
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    >50" and Above
        7.5.1 Market Trends
        7.5.2 Market Forecast
8   Market Breakup by Technology
    8.1    Electric
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Hydraulic
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Manual
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Pneumatic
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Component
    9.1    Actuators
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Valve Body
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Others
        9.3.1 Market Trends
        9.3.2 Market Forecast
10  Market Breakup by Material
    10.1    Stainless Steel
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Cast Iron
        10.2.1 Market Trends
        10.2.2 Market Forecast
    10.3    Alloy Based
        10.3.1 Market Trends
        10.3.2 Market Forecast
    10.4    Others
        10.4.1 Market Trends
        10.4.2 Market Forecast
11  Market Breakup by End-Use Industry
    11.1    Oil & Gas
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Water & Wastewater Treatment
        11.2.1 Market Trends
        11.2.2 Market Forecast
    11.3    Energy & Power
        11.3.1 Market Trends
        11.3.2 Market Forecast
    11.4    Pharmaceutical & Healthcare
        11.4.1 Market Trends
        11.4.2 Market Forecast
    11.5    Chemicals
        11.5.1 Market Trends
        11.5.2 Market Forecast
    11.6   Building & Construction
        11.6.1 Market Trends
        11.6.2 Market Forecast
    11.7    Others
        11.7.1 Market Trends
        11.7.2 Market Forecast
12  Market Breakup by Region
    12.1    North America
        12.1.1 United States
           12.1.1.1 Market Trends
           12.1.1.2 Market Forecast
        12.1.2 Canada
           12.1.2.1 Market Trends
           12.1.2.2 Market Forecast
    12.2    Asia Pacific
        12.2.1 China
           12.2.1.1 Market Trends
           12.2.1.2 Market Forecast
        12.2.2 Japan
           12.2.2.1 Market Trends
           12.2.2.2 Market Forecast
        12.2.3 India
           12.2.3.1 Market Trends
           12.2.3.2 Market Forecast
        12.2.4 South Korea
           12.2.4.1 Market Trends
           12.2.4.2 Market Forecast
        12.2.5 Australia
           12.2.5.1 Market Trends
           12.2.5.2 Market Forecast
        12.2.6 Indonesia
           12.2.6.1 Market Trends
           12.2.6.2 Market Forecast
        12.2.7 Others
           12.2.7.1 Market Trends
           12.2.7.2 Market Forecast
    12.3    Europe
        12.3.1 Germany
           12.3.1.1 Market Trends
           12.3.1.2 Market Forecast
        12.3.2 France
           12.3.2.1 Market Trends
           12.3.2.2 Market Forecast
        12.3.3 United Kingdom
           12.3.3.1 Market Trends
           12.3.3.2 Market Forecast
        12.3.4 Italy
           12.3.4.1 Market Trends
           12.3.4.2 Market Forecast
        12.3.5 Spain
           12.3.5.1 Market Trends
           12.3.5.2 Market Forecast
        12.3.6 Russia
           12.3.6.1 Market Trends
           12.3.6.2 Market Forecast
        12.3.7 Others
           12.3.7.1 Market Trends
           12.3.7.2 Market Forecast
    12.4    Latin America
        12.4.1 Brazil
           12.4.1.1 Market Trends
           12.4.1.2 Market Forecast
        12.4.2 Mexico
           12.4.2.1 Market Trends
           12.4.2.2 Market Forecast
        12.4.3 Others
           12.4.3.1 Market Trends
           12.4.3.2 Market Forecast
    12.5    Middle East and Africa
        12.5.1 Market Trends
        12.5.2 Market Breakup by Country
        12.5.3 Market Forecast
13  SWOT Analysis
    13.1    Overview
    13.2    Strengths
    13.3    Weaknesses
    13.4    Opportunities
    13.5    Threats
14  Value Chain Analysis
15  Porters Five Forces Analysis

    15.1    Overview
    15.2    Bargaining Power of Buyers
    15.3    Bargaining Power of Suppliers
    15.4    Degree of Competition
    15.5    Threat of New Entrants
    15.6    Threat of Substitutes
16  Price Indicators
17  Competitive Landscape

    17.1    Market Structure
    17.2    Key Players
    17.3    Profiles of Key Players
        17.3.1    Burkert Fluid Control Systems
           17.3.1.1 Company Overview
           17.3.1.2 Product Portfolio 
        17.3.2    Curtiss-Wright Corporation
           17.3.2.1 Company Overview
           17.3.2.2 Product Portfolio 
           17.3.2.3 Financials
           17.3.2.4 SWOT Analysis
        17.3.3    Emerson
           17.3.3.1 Company Overview
           17.3.3.2 Product Portfolio 
           17.3.3.3 Financials
           17.3.3.4 SWOT Analysis
        17.3.4    Flowserve Corporation
           17.3.4.1 Company Overview
           17.3.4.2 Product Portfolio 
           17.3.4.3 Financials
           17.3.4.4 SWOT Analysis
        17.3.5    Honeywell International
           17.3.5.1 Company Overview
           17.3.5.2 Product Portfolio 
           17.3.5.3 Financials
           17.3.5.4 SWOT Analysis
        17.3.6    IMI PLC.
           17.3.6.1 Company Overview
           17.3.6.2 Product Portfolio 
           17.3.6.3 Financials
           17.3.6.4 SWOT Analysis
        17.3.7    Kitz Corporation
           17.3.7.1 Company Overview
           17.3.7.2 Product Portfolio 
           17.3.7.3 Financials
        17.3.8    Samson AG
           17.3.8.1 Company Overview
           17.3.8.2 Product Portfolio 
           17.3.8.3 Financials
        17.3.9    Spirax Sarco
           17.3.9.1 Company Overview
           17.3.9.2 Product Portfolio 
           17.3.9.3 Financials
        17.3.10    Valvitalia SpA
           17.3.10.1 Company Overview
           17.3.10.2 Product Portfolio 
           17.3.10.3 Financials
        17.3.11    Velan Inc
           17.3.11.1 Company Overview
           17.3.11.2 Product Portfolio 
           17.3.11.3 Financials
           17.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Control Valves Market: Major Drivers and Challenges
Figure 2: Global: Control Valves Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Control Valves Market: Breakup by Type (in %), 2020
Figure 4: Global: Rotary Control Valves Market: Breakup by Type (in %), 2020
Figure 5: Global: Linear Control Valves Market: Breakup by Type (in %), 2020
Figure 6: Global: Control Valves Market: Breakup by Size (in %), 2020
Figure 7: Global: Control Valves Market: Breakup by Technology (in %), 2020
Figure 8: Global: Control Valves Market: Breakup by Component (in %), 2020
Figure 9: Global: Control Valves Market: Breakup by Material (in %), 2020
Figure 10: Global: Control Valves Market: Breakup by End-Use Industry (in %), 2020
Figure 11: Global: Control Valves Market: Breakup by Region (in %), 2020
Figure 12: Global: Control Valves Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 13: Global: Control Valves (Rotary Valves) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Control Valves (Rotary Valves) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Control Valves (Linear Valves) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Control Valves (Linear Valves) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Control Valves (Up to 1") Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Control Valves (Up to 1") Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Control Valves (>1" to 7") Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Control Valves (>1" to 7") Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Control Valves (>7" to 25") Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Control Valves (>7" to 25") Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Control Valves (>25" to 50") Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Control Valves (>25" to 50") Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Control Valves (>50" and Above) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Control Valves (>50" and Above) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Control Valves (Electric) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Control Valves (Electric) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Control Valves (Hydraulic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Control Valves (Hydraulic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Control Valves (Manual) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Control Valves (Manual) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Control Valves (Pneumatic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Control Valves (Pneumatic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Control Valves (Actuators) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Control Valves (Actuators) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Control Valves (Valve Body) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Control Valves (Valve Body) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Control Valves (Other Components) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Control Valves (Other Components) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Global: Control Valves (Stainless Steel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Global: Control Valves (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Global: Control Valves (Cast Iron) Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Global: Control Valves (Cast Iron) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: Global: Control Valves (Alloy Based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: Global: Control Valves (Alloy Based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Global: Control Valves (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Global: Control Valves (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Global: Control Valves (Oil & Gas) Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Global: Control Valves (Oil & Gas) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Global: Control Valves (Water & Wastewater Treatment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Global: Control Valves (Water & Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Global: Control Valves (Energy & Power) Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Global: Control Valves (Energy & Power) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Global: Control Valves (Pharmaceutical & Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Global: Control Valves (Pharmaceutical & Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Global: Control Valves (Chemicals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Global: Control Valves (Chemicals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Global: Control Valves (Building & Construction) Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Global: Control Valves (Building & Construction) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Global: Control Valves (Other Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Global: Control Valves (Other Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: North America: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: North America: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: United States: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: United States: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Canada: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Canada: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Asia Pacific: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Asia Pacific: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: China: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: China: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Japan: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Japan: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: India: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: India: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: South Korea: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: South Korea: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Australia: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Australia: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Indonesia: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Indonesia: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Others: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Others: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Europe: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Europe: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Germany: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Germany: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: France: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 90: France: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 91: United Kingdom: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 92: United Kingdom: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 93: Italy: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 94: Italy: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 95: Spain: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 96: Spain: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 97: Russia: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 98: Russia: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 99: Others: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 100: Others: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 101: Latin America: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 102: Latin America: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 103: Brazil: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 104: Brazil: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 105: Mexico: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 106: Mexico: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 107: Others: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 108: Others: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 109: Middle East and Africa: Control Valves Market: Sales Value (in Million US$), 2015 & 2020
Figure 110: Middle East and Africa: Control Valves Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 111: Global: Control Valves Industry: SWOT Analysis
Figure 112: Global: Control Valves Industry: Value Chain Analysis
Figure 113: Global: Control Valves Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Control Valves Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Control Valves Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Control Valves Market Forecast: Breakup by Size (in Million US$), 2021-2026
Table 4: Global: Control Valves Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 5: Global: Control Valves Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 6: Global: Control Valves Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 7: Global: Control Valves Market Forecast: Breakup by End-Use Industry (in Million US$), 2021-2026
Table 8: Global: Control Valves Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 9: Global: Control Valves Market: Competitive Structure
Table 10: Global: Control Valves Market: Key Players       

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Key Question Answered in this Report

According to the estimates by IMARC Group, the global control valves market is expected to witness a CAGR of 5% during 2021-2026.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units of control valves.

The increasing demand for oil and gas across the industrial, transportation and residential sectors, along with growing consumer preferences for stainless steel-based valves, represent some of the key drivers for the global control valves market.

Extensive research and development (R&D) activities undertaken by numerous key industry players for launch of innovative product variants represent one of the key trends in the global control valves market.

On the basis of the type, the market has been bifurcated into rotary valves and liner valves. Currently, liner valves hold the majority of the total market share.

On the basis of the size, the market has been divided into up to 1", >1" to 7", >7" to 25", >25" to 50", and >50" and above. At present, >1" to 7" sized valve exhibits a clear dominance in the market.

On the basis of the technology, the market has been segregated into electric, hydraulic, manual, and pneumatic. Currently, pneumatic dominates the global market.

On the basis of the component, the market has been bifurcated into actuators, valve body, and others. Currently, actuators hold the majority of the total market share.

On the basis of the end-use industry, the market has been segmented into oil & gas, water & wastewater treatment, energy & power, pharmaceutical & healthcare, chemicals, building & construction, and others. At present, the oil & gas sector exhibits a clear dominance in the market.

Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.

The key companies in the global control valves market are Burkert Fluid Control Systems, Curtiss-Wright Corporation, Emerson, Flowserve Corporation, Honeywell International, IMI PLC., Kitz Corporation, Samson AG, Spirax Sarco, Valvitalia SpA, Velan Inc., etc.

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