Global Water and Gas Valves Market to Reach US$ 32.6 Billion by 2032, Stimulated by Significant Growth in Oil and Gas Industry

August 28, 2023 | Industrial Materials

According to the latest report by IMARC Group, titled “Water and Gas Valves Market Report by Type (Quarter-turn Valves, Multi-turn Valves, Control Valves), Application (Oil and Gas Industry, Water and Wastewater Treatment Industry), and Region 2024-2032,” the global water and gas valves market size reached US$ 21.7 Billion in 2023. Water and gas valves are essential components of plumbing and utility systems, serving to control the flow of water and gas through pipes and pipelines. These valves play a crucial role in regulating the distribution, pressure, and direction of fluids within residential, commercial, and industrial settings. They are designed to control the flow of water, allowing users to start, stop, or adjust the amount of water passing through pipes. They are commonly found in household plumbing systems, irrigation systems, and municipal water supply networks. Water valves come in various types, such as gate valves, ball valves, and butterfly valves, each suited for specific applications based on their design and mechanism. Gas valves, on the other hand, are employed to manage the flow of natural gas or propane in gas pipelines. They are vital for ensuring the safe and efficient distribution of gas to homes, businesses, and industrial facilities.

Global Water and Gas Valves Market Trends:

The global market is primarily driven by significant growth in oil and gas industry. Moreover, as several countries undergo rapid urban development and infrastructural expansion, the demand for efficient water and gas distribution systems rises, necessitating the installation and upgrade of valves for effective control and management. Additionally, the increasing awareness and concerns regarding environmental sustainability and resource conservation are prompting a shift towards more sophisticated and automated valve solutions. These solutions not only enable accurate flow control but also contribute to minimizing leakages, optimizing resource utilization, and reducing energy consumption. Furthermore, continual technological advancements are playing a pivotal role in supporting the market. The integration of smart technologies, such as the Internet of Things (IoT) and data analytics, into valve systems is enhancing their performance monitoring, predictive maintenance capabilities, and remote control functionalities. This, in turn, leads to improved operational efficiency, reduced downtime, and enhanced overall system reliability. Looking forward, the market value is projected to reach US$ 32.6 Billion by 2032, expanding at a CAGR of 4.5% during 2024-2032.

Market Summary:

  • Based on the type, the market has been segmented into quarter-turn, multi-turn, and control valves. Currently, the quarter-turn valves represent the largest market segment.
  • On the basis of the application, the market has been divided into oil and gas, and water and wastewater treatment industries. Among these, the oil and gas industry exhibit a clear dominance in the market.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others) and the Middle East and Africa. Among these, Asia Pacific holds the leading position in the market.
  • The competitive landscape of the market has also been examined, with some of the key players being Crane Holdings Co., Curtiss-Wright Corporation, Emerson Electric Co., Flowserve Corporation, Honeywell International Inc., KSB SE & Co. KGaA, Schlumberger Limited, and Watts Water Technologies Inc.  

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Types Covered Quarter-turn Valves, Multi-turn Valves, Control Valves
Applications Covered Oil and Gas Industry, Water and Wastewater Treatment Industry
Regions 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 Crane Holdings Co., Curtiss-Wright Corporation, Emerson Electric Co., Flowserve Corporation, Honeywell International Inc., KSB SE & Co. KGaA, Schlumberger Limited, Watts Water Technologies Inc., etc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

134 N 4th St.
Brooklyn, NY 11249, USA
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global Water and Gas Valves Market to Reach US$ 32.6 Billion by 2032, Stimulated by Significant Growth in Oil and Gas Industry
Purchase options

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-714-6104


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More