Valves and Controls

Valves and Controls Market Outlook

The global valves and controls market is anticipated to reach a valuation of approximately USD 70 billion by 2035, growing at a CAGR of around 5.5% during the forecast period from 2025 to 2035. The increasing demand for energy-efficient solutions across various industries is a major driver for this market. Additionally, the rising investments in infrastructure development and industrial automation are propelling the need for advanced valves and control systems that ensure seamless operations. The growing focus on water and wastewater management is further enhancing market growth. Furthermore, the expansion of the oil and gas sector globally is expected to provide numerous opportunities for market players to thrive in this competitive landscape.

Growth Factor of the Market

The valves and controls market is experiencing significant growth driven by multiple factors. One of the primary growth drivers is the increasing need for process automation in various industries, which necessitates the use of advanced control valves for optimized operations. Moreover, stringent regulations pertaining to environmental protection and energy efficiency are compelling industries to adopt sophisticated valve technologies that minimize waste and control emissions. The rise in global energy consumption has also stimulated the demand for valves in the oil and gas sector, where they are crucial for regulating flow and maintaining safety standards. Additionally, the expansion of smart technologies, including IoT and AI in valve manufacturing, has enabled better performance and maintenance, thereby attracting investments. Lastly, the growing focus on sustainable practices and the need to manage water resources efficiently have also contributed significantly to the market's growth.

Key Highlights of the Market

• The global valves and controls market is projected to grow at a CAGR of 5.5% from 2025 to 2035.
• Increasing demand from the oil and gas sector is a significant growth driver.
• Technological advancements such as IoT and AI are enhancing product offerings.
• Stringent environmental regulations compel industries to adopt efficient valve solutions.
• The expansion of smart manufacturing practices is expected to drive market innovation.

By Product Type

Ball Valves:

Ball valves are highly versatile and are commonly used for their reliable performance in regulating flow. They feature a spherical disc that controls the flow of fluid through them, allowing for quick shut-off and precise control. Ball valves are popular in various applications due to their durability and ability to withstand high pressure and temperature. They can be made from various materials, making them suitable for different environments, including oil and gas, water treatment, and chemical processing. Their ease of operation and maintenance makes them a favorable choice among engineers and operators. The increasing demand for efficient control systems in industries further propels the growth of the ball valves segment in the global market.

Butterfly Valves:

Butterfly valves are well-known for their compact design and lightweight properties, making them ideal for applications where space and weight are constraints. These valves operate using a rotating disc that regulates flow by pivoting on a shaft, providing quick and efficient shut-off capabilities. Their simple construction and lower operational costs compared to other valve types contribute to their rising popularity in the market. Furthermore, butterfly valves are used across various sectors, including water and wastewater management, HVAC systems, and industrial processes. The growing trend toward automation and improved control systems is expected to drive the demand for butterfly valves significantly.

Gate Valves:

Gate valves are primarily designed for on/off control applications and are known for providing minimal flow restriction when fully opened. They consist of a wedge-shaped metal gate that moves vertically to control fluid flow, making them suitable for high-pressure applications. The key advantage of gate valves is their ability to handle large volumes of fluid with minimal pressure loss, making them ideal for oil and gas pipelines, water distribution systems, and power generation facilities. However, they are not suitable for throttling applications. The increasing infrastructure development and industrial projects across the globe are likely to boost the demand for gate valves in the coming years.

Globe Valves:

Globe valves offer precise flow control and are primarily used for throttling applications. They have a spherical body design with an internal baffle that directs the flow, facilitating smooth operation and excellent sealing capabilities. Globe valves are commonly utilized in applications where fine control of flow is essential, such as in power plants, chemical processing, and water treatment facilities. Their ability to withstand high temperatures and pressures makes them a preferred choice for critical applications. The growing focus on energy efficiency and process optimization in various industries is anticipated to drive the demand for globe valves, sustaining their market presence.

Check Valves:

Check valves play a crucial role in preventing backflow in piping systems, ensuring that the fluid flows in only one direction. They are essential components in various applications, including oil and gas, water and wastewater, and HVAC systems. The design of check valves allows for automatic operation without the need for manual intervention, thus enhancing system reliability. The increasing emphasis on maintaining pipeline integrity and preventing contamination is driving the demand for check valves in the valves and controls market. As industries evolve toward more automated and efficient operations, the need for reliable check valves is expected to rise significantly.

By Application

Oil & Gas:

The oil and gas industry is one of the largest consumers of valves and controls due to the necessity for precise flow control and safety. Valves are utilized in various applications, including upstream exploration, midstream transportation, and downstream refining processes. The industry requires robust and reliable valve solutions to withstand harsh environmental conditions and high-pressure operations. With the recovery of oil prices and increased exploration activities, the demand for valves in this sector is projected to grow significantly. Additionally, the ongoing transition toward cleaner energy sources is creating new opportunities for advanced valve technologies that ensure efficient resource management.

Water & Wastewater:

The water and wastewater management sector is experiencing a surge in demand for valves and controls as urbanization and population growth increase the need for efficient water distribution and treatment systems. Valves are critical in managing water flow, maintaining pressure, and ensuring the proper functioning of treatment facilities. Governments and municipalities are investing heavily in upgrading aging infrastructure, which is driving the need for reliable valve solutions. Furthermore, the growing awareness of sustainable water practices and the need to protect water resources are further contributing to the growth of the valves and controls market in this application.

Chemical:

In the chemical industry, valves are essential for controlling the flow of various hazardous substances, making safety and reliability paramount. The complexity of chemical processes necessitates advanced valve technologies that can handle corrosive and volatile materials. Valves must be capable of withstanding extreme temperatures and pressures, which are common in chemical processing environments. The increasing demand for specialty chemicals and the rising trend of green chemistry are expected to drive the demand for sophisticated valve solutions in this industry. Moreover, stringent regulatory requirements regarding safety and environmental protection are prompting industries to adopt advanced control systems.

Power Generation:

Valves play a critical role in power generation facilities, including thermal, hydro, and nuclear power plants. They are used for controlling steam and water flow, ensuring efficient operation and safety of the systems. The demand for valves in power generation is driven by the need for reliable and efficient energy sources to meet the growing global energy demand. As industries shift toward renewable energy generation, such as wind and solar, the role of valves in these systems is also evolving. The trend towards increased efficiency and reduced emissions in power generation processes is expected to boost the demand for advanced valve technologies significantly.

Pharmaceuticals:

The pharmaceutical industry requires highly specialized valves for regulating the flow of fluids in manufacturing and processing environments. Valves must adhere to stringent hygiene and safety standards to prevent contamination and ensure the integrity of the products. The increasing focus on biopharmaceuticals and personalized medicine is leading to the development of new manufacturing processes that require innovative valve solutions. As the pharmaceutical market continues to expand globally, the demand for reliable and efficient valves is expected to rise, driven by the need for quality assurance and regulatory compliance.

By Distribution Channel

Direct Sales:

Direct sales involve the direct transaction between manufacturers and customers, eliminating intermediaries. This approach allows manufacturers to build a closer relationship with their clients and understand their specific needs better. It also provides customers with direct access to the latest products and innovations. Many manufacturers are increasingly adopting direct sales strategies to enhance customer engagement and satisfaction. The direct sales channel is particularly crucial for high-value or specialized valve solutions that require in-depth technical expertise and support. As industries focus on personalized service and customization, the direct sales model is expected to gain traction in the valves and controls market.

Indirect Sales:

Indirect sales encompass various intermediaries such as distributors, wholesalers, and agents who facilitate the sale of valves and controls. This distribution model allows manufacturers to reach a broader audience and penetrate diverse markets more effectively. Distributors often have established relationships with end-users, enabling them to provide localized support and services. The indirect sales channel is vital for promoting standard valve products and enabling swift market access, particularly in regions with less direct manufacturer presence. As companies seek to expand their geographical reach, the indirect sales model will continue to play a significant role in the valves and controls market.

Online Retailers:

The rise of e-commerce has transformed the way consumers purchase valves and controls. Online retailers offer convenience and accessibility, allowing customers to browse a wide range of products from the comfort of their homes or offices. This distribution channel facilitates easy price comparisons and enables customers to make informed purchasing decisions. Online retailers often provide detailed product specifications and customer reviews, enhancing transparency and trust. As the trend toward digitalization continues, the online retail channel is expected to grow, catering to the demands of tech-savvy customers seeking efficient and straightforward purchasing processes in the valves and controls market.

Distributors:

Distributors serve as an essential link between manufacturers and end-users, providing a broad network for the distribution of valves and controls. They typically stock a wide range of products, ensuring availability and prompt delivery to various industries. Distributors often offer value-added services, including technical support, product training, and after-sales service, which enhance their appeal to customers. By leveraging their industry knowledge and relationships, distributors play a critical role in promoting new products and technologies to potential users. As industries increasingly demand timely delivery and efficient service, the role of distributors in the valves and controls market is set to expand.

Wholesalers:

Wholesalers operate by buying valves and controls in bulk from manufacturers and selling them to retailers or other businesses in smaller quantities. This distribution model allows wholesalers to benefit from economies of scale, reducing costs and enabling competitive pricing for customers. Wholesalers often cater to specific market segments, stocking products that align with the needs of their client base. The wholesale channel is crucial for ensuring that a diverse range of valve products is accessible to smaller businesses and customers who prefer to buy in smaller quantities. As the demand for efficient supply chains grows, wholesalers will remain an integral part of the valves and controls market.

By Material Type

Steel:

Steel is one of the most widely used materials for manufacturing valves due to its strength, durability, and ability to withstand high pressures and temperatures. Steel valves are preferred in applications involving aggressive fluids and harsh environments, such as oil and gas, power generation, and chemical processing. They offer excellent mechanical properties and can be easily fabricated into various designs, making them versatile for multiple applications. The growing demand for industrial automation and infrastructure development is expected to drive the demand for steel valves in the global market. As industries seek reliable and long-lasting valve solutions, the popularity of steel continues to rise.

Cast Iron:

Cast iron valves are known for their excellent corrosion resistance and are commonly used in water and wastewater applications. They provide high strength and durability, making them suitable for handling a variety of fluids, including slurries and sewage. Cast iron's ability to absorb vibrations and noise is another advantage, making it ideal for use in municipal water systems and industrial applications. The increasing need for efficient water management and treatment solutions is expected to drive the demand for cast iron valves. As cities expand and infrastructure develops, cast iron valves will continue to find relevance in various applications.

Bronze:

Bronze valves are highly regarded for their excellent corrosion resistance and low friction properties, making them suitable for marine, chemical, and potable water applications. The material's inherent resistance to corrosion from seawater and other aggressive environments makes bronze valves ideal for use in shipbuilding and marine industries. Additionally, their durability and resistance to wear contribute to their longevity in various applications. The increasing demand for marine engineering and offshore projects is expected to bolster the bronze valve segment in the global market. As technological advancements continue to improve bronze alloy formulations, their application scope is likely to expand further.

Brass:

Brass valves are widely used in plumbing, HVAC, and low-pressure applications due to their favorable mechanical properties and resistance to corrosion. They offer excellent machinability and can be easily fabricated into various designs, which enhances their applicability in residential and commercial settings. The growing demand for plumbing solutions and the increasing preference for water-efficient systems are driving the demand for brass valves. Additionally, the rise in construction activities and infrastructure projects worldwide is expected to further enhance the market for brass valves, as they become an integral part of modern plumbing and heating systems.

PVC:

PVC valves are commonly used in applications dealing with corrosive fluids, particularly in water treatment, irrigation, and chemical processing. The lightweight nature of PVC makes it easy to install and maintain, while its resistance to corrosion and chemicals ensures long-lasting performance. The increasing focus on sustainable practices and water conservation is driving the adoption of PVC valves in various industries. As industries move toward eco-friendly solutions and technologies, the demand for PVC valves is expected to rise significantly, offering a cost-effective alternative to traditional materials.

By Region

The North American valves and controls market is characterized by a mature industrial landscape, with a significant presence of key players and advanced manufacturing capabilities. The region is projected to grow at a CAGR of approximately 4.8% during the forecast period, driven by the increasing demand for energy-efficient solutions and the ongoing investments in infrastructure. The oil and gas sector continues to thrive, with substantial investments in exploration and production activities, further boosting the demand for valves. Additionally, the growing focus on water and wastewater infrastructure upgrades is expected to enhance market opportunities in this region.

In Europe, the valves and controls market is expected to remain robust, driven by stringent regulations and an emphasis on sustainability. The region is home to several leading manufacturers and is witnessing increasing investments in industrial automation and energy efficiency projects. The shift toward cleaner technologies and the need to modernize aging infrastructure contribute significantly to the growth of the market. Furthermore, the expansion of renewable energy sources and the growing chemical and pharmaceutical industries are expected to provide additional impetus for market growth. As European countries pursue ambitious climate goals, the demand for innovative valve solutions is likely to surge.

Opportunities

The valves and controls market is brimming with opportunities, particularly in the realm of technological advancements. The integration of IoT and AI in valve systems presents a significant opportunity for manufacturers to develop smart valves that enhance operational efficiency and predictive maintenance. These innovations can improve process automation, reduce downtime, and optimize energy consumption, making them appealing to end-users across various sectors. Furthermore, as industries increasingly shift toward sustainable practices, there is a growing demand for environmentally friendly valve solutions that minimize waste and reduce carbon footprints. This transition provides an avenue for manufacturers to innovate and cater to eco-conscious customers, thereby expanding their market presence.

Additionally, the rising global population and urbanization are driving infrastructure development, particularly in emerging economies. Governments are investing in modernizing infrastructure, including water and wastewater management systems, which is likely to create substantial demand for valves and controls. Furthermore, the increasing focus on renewable energy projects, such as wind and solar power, is also generating a need for advanced valve technologies. Manufacturers who can adapt to these changing market dynamics and invest in R&D to develop innovative products will be well-positioned to capitalize on the growth opportunities available in the valves and controls market.

Threats

Despite the promising growth prospects, the valves and controls market faces several threats that could hinder its progress. One of the most significant challenges is the volatility of raw material prices, which can impact manufacturing costs and profit margins for valve manufacturers. In addition, the increasing competition from low-cost manufacturers in emerging markets may lead to price wars that undermine the profitability of established players. Furthermore, fluctuating demand from core industries such as oil and gas can create uncertainties, making it challenging for companies to forecast production and manage their supply chains effectively. Such unpredictability can impede long-term investment decisions and hinder growth.

Another threat lies in the evolving regulatory landscape, particularly concerning environmental standards and operational safety. Manufacturers may face increased compliance costs associated with meeting stringent regulations, particularly in industries such as chemicals and pharmaceuticals. Failure to comply with these regulations could result in legal consequences and damage to brand reputation. Additionally, the ongoing emphasis on automation and digitalization requires substantial investments in technology, which may pose a barrier for smaller players who lack the resources to keep pace with technological advancements. As a result, these factors collectively contribute to an increasingly challenging environment for players in the valves and controls market.

Competitor Outlook

• Emerson Electric Co.
• Flowserve Corporation
• Valmet Oyj
• Crane Co.
• Metso Corporation
• Honeywell International Inc.
• Schneider Electric SE
• Pentair Plc
• SPX Flow Inc.
• Kitz Corporation
• AVK Holding A/S
• Alfa Laval AB
• Bray International, Inc.
• WIKA Alexander Wiegand SE & Co. KG
• Weir Group Plc

The overall competitive landscape of the valves and controls market is characterized by a mix of established players and emerging companies striving to differentiate themselves through technological innovations and superior customer service. Major companies are increasingly investing in research and development to create advanced valve solutions that meet the evolving needs of various industries. These firms are also focusing on strategic partnerships and collaborations to expand their offerings and improve market penetration. Additionally, many players are adopting sustainable manufacturing practices to enhance their brand reputation and cater to the growing demand for eco-friendly products.

For instance, Emerson Electric Co. is a global leader in automation solutions, offering a wide range of valve products designed for various applications, including oil and gas, chemicals, and water management. The company emphasizes innovation and has invested significantly in developing smart valve technologies integrated with IoT capabilities. Similarly, Flowserve Corporation specializes in flow control technology and is known for its high-performance valves. The company's commitment to sustainability is evident in its initiatives to reduce energy consumption and improve efficiency across its product lines.

Metso Corporation is another prominent player in the valves and controls market, known for its focus on sustainable solutions and digitalization. The company offers a diverse portfolio of valves and control systems that cater to various industries, including mining, oil and gas, and water treatment. Metso is actively pursuing opportunities in renewable energy projects, aligning its offerings with the global push for cleaner and more sustainable technologies. On the other hand, companies like Crane Co. and Honeywell International Inc. are leveraging their extensive experience and global presence to explore new markets and enhance their product offerings continuously.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Crane Co.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Valmet Oyj
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Pentair Plc
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Alfa Laval AB
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 SPX Flow Inc.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Weir Group Plc
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 AVK Holding A/S
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Kitz Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Metso Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Emerson Electric Co.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Flowserve Corporation
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Schneider Electric SE
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Bray International, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Honeywell International Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 WIKA Alexander Wiegand SE & Co. KG
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Valves and Controls Market, By Application
    • 6.1.1 Oil & Gas
    • 6.1.2 Water & Wastewater
    • 6.1.3 Chemical
    • 6.1.4 Power Generation
    • 6.1.5 Pharmaceuticals
  • 6.2 Valves and Controls Market, By Product Type
    • 6.2.1 Ball Valves
    • 6.2.2 Butterfly Valves
    • 6.2.3 Gate Valves
    • 6.2.4 Globe Valves
    • 6.2.5 Check Valves
  • 6.3 Valves and Controls Market, By Material Type
    • 6.3.1 Steel
    • 6.3.2 Cast Iron
    • 6.3.3 Bronze
    • 6.3.4 Brass
    • 6.3.5 PVC
  • 6.4 Valves and Controls Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales
    • 6.4.3 Online Retailers
    • 6.4.4 Distributors
    • 6.4.5 Wholesalers

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Valves and Controls Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Valves and Controls market is categorized based on

By Product Type

• Ball Valves
• Butterfly Valves
• Gate Valves
• Globe Valves
• Check Valves

By Application

• Oil & Gas
• Water & Wastewater
• Chemical
• Power Generation
• Pharmaceuticals

By Distribution Channel

• Direct Sales
• Indirect Sales
• Online Retailers
• Distributors
• Wholesalers

By Material Type

• Steel
• Cast Iron
• Bronze
• Brass
• PVC

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Emerson Electric Co.
• Flowserve Corporation
• Valmet Oyj
• Crane Co.
• Metso Corporation
• Honeywell International Inc.
• Schneider Electric SE
• Pentair Plc
• SPX Flow Inc.
• Kitz Corporation
• AVK Holding A/S
• Alfa Laval AB
• Bray International, Inc.
• WIKA Alexander Wiegand SE & Co. KG
• Weir Group Plc