Industrial valve market seen reaching $155.5B by 2035

The industrial valve market is projected to rise from an estimated $88.5 billion in 2025 to $155.5 billion by 2035, driven by aging infrastructure replacement, tighter emissions rules and faster adoption of smart, automated valve systems. Asia-Pacific leads the market today, while oil and gas, water, power and chemical applications remain the biggest demand centers.

Why it matters: - Industrial valves are core equipment for controlling liquids, gases, slurries and other materials in pipelines and processing plants. - The market’s growth points to sustained spending on infrastructure, energy transition projects and process automation. - Demand is being shaped by compliance pressure, especially on emissions, safety and reliability.

What happened: - The industrial valve market reached an estimated $88.5 billion in 2025. - The market is forecast to grow from $93.6 billion in 2026 to $155.5 billion by 2035. - That implies a 5.8% compound annual growth rate from 2026 to 2035. - The report was published July 27, 2026. - Get the sample report for more market details.

The details: - Industrial valves are made with materials such as stainless steel, carbon steel, cast iron and high-performance alloys. - The devices are used in high-pressure, high-temperature and corrosive environments. - Oil and gas is the largest demand vertical, accounting for roughly 28% of global spend. - Water and wastewater treatment expansion is a major demand driver. - The global water and wastewater market is expected to reach $500 billion. - Asia-Pacific holds about 38% of 2025 revenue and leads the market at $33.6 billion. - North America holds 25% of share. - Europe holds 22% of share. - The Middle East and Africa region is projected to grow at a 6.5% CAGR. - South America is valued at $5.3 billion in 2025. - Gate valves hold the largest revenue share at about 28%. - Ball valves are the fastest-growing type, with a 6.4% CAGR through 2035. - Butterfly valves account for an estimated $15.9 billion in 2025 revenue. - Globe valves make up about 12% of the market. - Check valves are growing at a 5.5% CAGR. - Manual valves lead by unit count at about 42% share. - Pneumatic actuation brings in about $21.7 billion in 2025 revenue. - Electric actuation is the fastest-growing actuation mode, with a 7.8% CAGR. - Hydraulic actuation accounts for about 8% of the market. - The top five players hold a combined 22% to 26% of revenue in a moderately fragmented market. - Key companies include Emerson Electric, Flowserve, IMI, Schlumberger, Crane, KITZ, Velan, Bray and AVK. - More information is available in the full report.

Between the lines: - The market is shifting from manual and analog systems toward smart valves with sensors, digital twins and Industrial Internet of Things connectivity. - Predictive maintenance and real-time monitoring are becoming key purchase criteria because they can reduce unplanned downtime. - The report says digitized process plants could cut unplanned downtime by 20% to 30% by 2030. - AI is emerging as a factor in valve design, selection, manufacturing and maintenance. - Government rules in the EU and India are pushing demand toward low-emission designs. - The EU’s revised Industrial Emissions Directive and Methane Regulation are pressuring operators to retrofit or replace older valves. - The European Union’s Machinery Directive requires CE marking, technical documentation and conformity assessment for industrial valves and actuators. - Flowserve announced in February 2026 that it was acquiring Trillium Flow Technologies’ Valves Division to expand its nuclear and power end-market position. - IMI Critical Engineering completed hydrogen-compatibility testing of its severe-service valve portfolio in March 2024 at pressures up to 700 bar. - The hydrogen and carbon capture market could create a new premium segment for certified valves. - Raw-material inflation, long permitting timelines and low-cost competition remain pressure points for established manufacturers.

What’s next: - Water infrastructure, LNG, hydrogen pipeline and renewable power projects are expected to keep demand elevated through 2035. - Asia-Pacific is expected to remain the largest regional growth engine, led by China and India. - Electric actuation should keep gaining share as operators prioritize digital integration and energy efficiency. - Manufacturers that can offer hydrogen-ready certification, predictive maintenance tools and broader compliance support are positioned to win more value.

The bottom line: - The industrial valve market is moving toward smarter, cleaner and more automated systems, with regulation and infrastructure spending doing much of the heavy lifting.