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Report
Control Valves Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 146 Pages I IMARC Group
Market Overview:
The global control valves market size reached US$ 8.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
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 at the global, regional and country level from 2023-2028. 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:
Actuators
Valve Body
Others
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 Christian Burkert GmbH & Co. KG, Curtiss-Wright Corporation, Emerson Electric Co., Flowserve Corporation, Honeywell International Inc., IMI plc, KITZ Corporation, SAMSON AG, Spirax-Sarco Engineering plc, Valvitalia SpA, Velan Inc., etc.
Key Questions Answered in This Report
1. What is the global control valves market growth?
2. What is the impact of COVID-19 on the global control valves market?
3. What are the global control valves market drivers?
4. What are the key industry trends in the global control valves market?
5. What is the global control valves market breakup by type?
6. What is the global control valves market breakup by size?
7. What is the global control valves market breakup by technology?
8. What is the global control valves market breakup by component?
9. What is the global control valves market breakup by end-use industry?
10. What are the major regions in the global control valves market?
11. Who are the key companies/players in the global control valves market?
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 Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Christian Burkert GmbH & Co. KG
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 Electric Co.
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 Inc.
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 Engineering plc
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
Figure 1: Global: Control Valves Market: Major Drivers and Challenges
Figure 2: Global: Control Valves Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Control Valves Market: Breakup by Type (in %), 2022
Figure 4: Global: Rotary Control Valves Market: Breakup by Type (in %), 2022
Figure 5: Global: Linear Control Valves Market: Breakup by Type (in %), 2022
Figure 6: Global: Control Valves Market: Breakup by Size (in %), 2022
Figure 7: Global: Control Valves Market: Breakup by Technology (in %), 2022
Figure 8: Global: Control Valves Market: Breakup by Component (in %), 2022
Figure 9: Global: Control Valves Market: Breakup by Material (in %), 2022
Figure 10: Global: Control Valves Market: Breakup by End-Use Industry (in %), 2022
Figure 11: Global: Control Valves Market: Breakup by Region (in %), 2022
Figure 12: Global: Control Valves Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 13: Global: Control Valves (Rotary Valves) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Control Valves (Rotary Valves) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Control Valves (Linear Valves) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Control Valves (Linear Valves) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Control Valves (Up to 1") Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Control Valves (Up to 1") Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Control Valves (>1" to 7") Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Control Valves (>1" to 7") Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Control Valves (>7" to 25") Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Control Valves (>7" to 25") Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Control Valves (>25" to 50") Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Control Valves (>25" to 50") Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Control Valves (>50" and Above) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Control Valves (>50" and Above) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Control Valves (Electric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Control Valves (Electric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Control Valves (Hydraulic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Control Valves (Hydraulic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Control Valves (Manual) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Control Valves (Manual) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Control Valves (Pneumatic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Control Valves (Pneumatic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Control Valves (Actuators) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Control Valves (Actuators) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Control Valves (Valve Body) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Control Valves (Valve Body) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Control Valves (Other Components) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Control Valves (Other Components) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Control Valves (Stainless Steel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Control Valves (Stainless Steel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Control Valves (Cast Iron) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Control Valves (Cast Iron) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Control Valves (Alloy Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Control Valves (Alloy Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Control Valves (Others) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Control Valves (Others) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Global: Control Valves (Oil & Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Global: Control Valves (Oil & Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Global: Control Valves (Water & Wastewater Treatment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Global: Control Valves (Water & Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Global: Control Valves (Energy & Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Global: Control Valves (Energy & Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Global: Control Valves (Pharmaceutical & Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Global: Control Valves (Pharmaceutical & Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Global: Control Valves (Chemicals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Global: Control Valves (Chemicals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Global: Control Valves (Building & Construction) Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Global: Control Valves (Building & Construction) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Global: Control Valves (Other End-Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Global: Control Valves (Other End-Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: North America: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: North America: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: United States: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: United States: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Canada: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Canada: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Asia Pacific: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Asia Pacific: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: China: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: China: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Japan: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Japan: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: India: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: India: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: South Korea: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: South Korea: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Australia: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Australia: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Indonesia: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Indonesia: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Europe: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Europe: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Germany: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Germany: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: France: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: France: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: United Kingdom: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: United Kingdom: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Italy: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Italy: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Spain: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Spain: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Russia: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 98: Russia: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 99: Others: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 100: Others: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 101: Latin America: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 102: Latin America: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 103: Brazil: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 104: Brazil: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 105: Mexico: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 106: Mexico: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 107: Others: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 108: Others: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 109: Middle East and Africa: Control Valves Market: Sales Value (in Million US$), 2017 & 2022
Figure 110: Middle East and Africa: Control Valves Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 111: Global: Control Valves Industry: SWOT Analysis
Figure 112: Global: Control Valves Industry: Value Chain Analysis
Figure 113: Global: Control Valves Industry: Porters Five Forces Analysis
Table 1: Global: Control Valves Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Control Valves Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Control Valves Market Forecast: Breakup by Size (in Million US$), 2023-2028
Table 4: Global: Control Valves Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 5: Global: Control Valves Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 6: Global: Control Valves Market Forecast: Breakup by Material (in Million US$), 2023-2028
Table 7: Global: Control Valves Market Forecast: Breakup by End-Use Industry (in Million US$), 2023-2028
Table 8: Global: Control Valves Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 9: Global: Control Valves Market: Competitive Structure
Table 10: Global: Control Valves Market: Key Players
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- By Money Transfer
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If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
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- By Credit Card
- Security
- Website security
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We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
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- Credit Card Security
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We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
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- Website security