Control Valve Market Size Worth USD 17.07 Billion by 2034 | CAGR: 5.5%

The global control valve market size is expected to reach USD 17.07 billion by 2034, according to a new study by Polaris Market Research. The report “Global Control Valve Market Size, Share, Trends, Industry Analysis Report: By Component, Type (Linear Valve and Rotary Valve), Material, Size, End-use Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025 - 2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The control valve market encompasses a crucial segment within the broader industrial automation sector, driven by its essential role in regulating fluid flow, pressure, and temperature in various industries worldwide. This market is characterized by a diverse range of valve types, including globe valves, butterfly valves, ball valves, and others, each tailored to specific applications across sectors such as oil and gas, chemical processing, water and wastewater management, power generation, and pharmaceuticals.

The increasing industrial automation and the adoption of smart manufacturing practices are driving demand for advanced control valves equipped with digital control systems, sensors, and predictive maintenance capabilities. These technologies enhance operational efficiency, reduce downtime, and improve overall process control across industries. Furthermore, stringent regulatory requirements concerning safety, environmental impact, and energy efficiency are compelling industries to invest in modern control valve solutions that comply with regulatory standards while optimizing operational performance.

Infrastructure development initiatives globally, including water treatment plants, energy infrastructure upgrades, and industrial automation projects, present significant opportunities for market expansion. The integration of renewable energy sources such as wind and solar power further boosts demand for control valves designed to optimize energy capture and distribution.

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Technological advancements play a pivotal role in shaping the market landscape, with ongoing innovations in valve design, materials, and manufacturing processes enhancing performance, reliability, and longevity. The shift towards Industry 4.0 and the Internet of Things (IoT) is driving the development of connected valves that offer real-time monitoring, remote control capabilities, and data analytics for predictive maintenance, thereby improving overall operational efficiency and lifecycle management.

Control Valve Market Report Highlights

• The oil and gas segment held the largest revenue share in the control valve market due to its critical need for precise flow control and operational reliability in exploration, production, and refining processes.
• The rotary segment is projected to experience substantial growth in the control valve market due to its advantages in quick operation, tight shut-off capabilities, and suitability for high-pressure and high-temperature environments across various industries such as oil and gas, chemical processing, and water treatment.
• Asia Pacific control valve market accounted for the highest revenue share due to rapid industrialization, infrastructure development, and increasing investments across sectors such as oil and gas, chemical processing, and water treatment.
• The control valve market in North America is expected to experience significant growth due to the increasing food and beverages market in the region.
• The global key market players are Emerson Electric Co.; Flowserve Corporation; IMI plc; Alfa Laval AB; AVK Holding A/S; Eaton; Honeywell International, Inc.; Velan Inc.; Burkert Fluid Control System; and Valvitalia SpA.

Polaris Market Research has segmented the control valve market report based on component, type, material, size, end-use industry, and region:

By Component Outlook (Revenue - USD Billion, 2020 - 2034)

• Actuators
• Valve Body
• Others

By Type Outlook (Revenue - USD Billion, 2020 - 2034)

• Linear valve
• Rotary valve

By Material Outlook (Revenue - USD Billion, 2020 - 2034)

• Stainless steel
• Cast Iron
• Alloy Based
• Others

By Size Outlook (Revenue - USD Billion, 2020 - 2034)

• Less than 1"
• Between 1" to 6"
• Between 6" to 25"
• Between 25" to 50"
• More than 50"

By End-use Industry Outlook (Revenue - USD Billion, 2020 - 2034)

• Oil & Gas
• Chemicals
• Energy & Power
• Water & Wastewater Treatment
• Food & Beverages
• Pharmaceuticals
• Others

By Regional Outlook (Revenue - USD Billion, 2020 - 2034)

• North America

• US
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Rest of Europe

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Australia
• Vietnam
• Rest of APAC

• Latin America

• Argentina
• Brazil
• Mexico
• Rest of Latin America

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa
• Rest of Middle East & Africa

Control Valve Report Scope