Global Water and Gas Valve Market size was valued at USD 26,633.4 Million in 2024 and is expected to reach USD 46,533.0 Million by 2033, at a CAGR of 5.51% during the forecast period 2024 – 2033.
Water and Gas Valve Market: Overview
Industrial operations, pipelines, and plumbing systems all require water and gas valves, which are mechanical devices that regulate the flow of water or gas. These valves are made to control the direction, start, and stop rates at which a fluid or gas flows through a pipeline or other system.
The manufacturing, distribution, and application of valves utilized in water and gas transportation systems are all included in the market for water and gas valves. Urbanization, industrialization, infrastructure development, and rising utility consumption are some of the factors driving this industry.
Controlling the flow of gases and liquids is essential for maintaining system dependability, safety, and efficiency in a variety of applications and industries. Based on valve type, end-use industry, application, and geography, the market is divided into segments.
Geographically, the market differs among various regions and nations in terms of industry trends, laws, and demand. Due to continuous urbanization, infrastructure expansion, regulatory compliance, technological improvements, and sustainability initiatives, the market for gas and water valves is expected to increase in the future.
The demand for sophisticated valve solutions is anticipated to grow as global concerns about resource management, environmental protection, and energy efficiency change. This will spur innovation and provide possibilities in the water and gas valve market.
By Application, the Industrial application segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Due to its vital role in supplying the physical applications required for wearable robot performance and functioning, the hardware application segment is leading the wearable robotics market.
By End Use Industry, the water and water waste management segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. In these systems, valves are essential for controlling the flow of water, chemicals, and waste water.
They are employed for many different purposes, including regulating water flow, modifying pressure, separating pipeline segments, and rerouting flows for purification procedures. To solve these issues and fulfil the increasing water demand, valves are crucial for assuring effective water distribution, reducing leakage, and optimizing water treatment procedures.
Asia Pacific held the highest market share of 40.00% in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Asia Pacific is a centre of industrial activity, with strong industries in the building, energy, manufacturing, and chemical processing sectors.
Water and gas valves are used in a variety of industries for tasks such as equipment isolation, process control, and fluid handling. The region’s growing industrial production is driving up demand for valves to support power generation, infrastructural expansion, and manufacturing operations.
Due to factors like population growth, urbanization, infrastructure development, industrial expansion, emerging markets, and government initiatives aimed at enhancing energy efficiency, environmental sustainability, and water and gas infrastructure, the Asia Pacific region currently dominates the water and gas valve market.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 26,633.4 Million |
Projected Market Size in 2033 | USD 46,533.0 Million |
Market Size in 2023 | USD 25,450 Million |
CAGR Growth Rate | 5.51% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Application, End Use Industry and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
CMI has comprehensively analyzed Water and Gas Valve Market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict an depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Water and Gas Valve industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Water and Gas Valve Market:
- Flowserve Corporation
- Larsen & Toubro
- DBV Valve
- Kirloskar Brothers Limited
- VIP Valves
- Pentair Valve
- Hawle Valves
- XHVAL
- BEL Valves
- JC Valves
- Petrol Valves
- Valvitalia
- Neway Valve
- Emerson
- ALFA LAVAL
- AVK Holding AS
- CIRCOR International
- SUFA Technology Industry
- Curtis-Wright Corporation
- EG Valves
- Others
The Water and Gas Valve Market is segmented as follows:
By Type
- Ball Valves
- Diaphragm Valves
- Gate Valves
- Mixing Valves
- Butterfly Valves
- Plug Valves
- Others
By Application
- Residential
- Commercial
- Industrial
By End Use Industry
- Water and Waste Water Management
- Chemical
- Power Generation
- Construction
- Food and Beverage
- Pharmaceutical
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America