Industrial Valves in Oil and Gas Market was valued at USD 16.25 Billion in 2022 and is projected to reach USD 24.15 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The global industrial valves market within the oil and gas sector was valued at approximately USD 20.5 billion in 2022. This market has been experiencing robust growth with a compound annual growth rate (CAGR) of around 5.3% from 2022 to 2030. The expansion is largely driven by increasing investments in oil and gas infrastructure, technological advancements in valve technologies, and the rising demand for energy globally. Emerging markets, particularly in regions such as the Middle East, Asia-Pacific, and Africa, are witnessing significant growth due to substantial investments in upstream and downstream activities. These regions are expected to continue leading in market growth due to their substantial oil and gas reserves and increasing industrial activities.Opportunity analysis indicates that the shift towards automation and digitalization within the oil and gas sector is creating substantial growth prospects for industrial valves. Enhanced automation and control systems are driving demand for advanced valve technologies that offer greater precision and reliability. Additionally, the ongoing development of unconventional oil and gas resources, such as shale gas and deep-water reserves, is expected to spur further demand for industrial valves. The emphasis on improving operational efficiency and safety standards in the industry is also contributing to market expansion, positioning the industrial valves sector as a critical component in the evolving oil and gas landscape.
Get an In-Depth Research Analysis of the Global Industrial Valves in Oil and Gas Market Size And Forecast [2025-2032]
Cameron
Emerson
Flowserve
Pentair
AVK
4matic
A V Valves
Alfa Laval
Brooksbank
Cameroon
Camtech Valves
CIRCOR Energy
Crane
Crescent Valves
Curtiss-Wright
Fluuitek Orsenigo Valves
FMC
GE
Honeywell
IMI
ITT
KITZ
KSB
CVC Valves
Microfinish Valves
MIR VALVE
MRC Global
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Valves in Oil and Gas Market
Upstream
Midstream
Downstream
Based on Types the Market is categorized into Below types that held the largest Industrial Valves in Oil and Gas market share In 2023.
Ball valves
Plug valves
Gate valves
Globe valves
Butterfly valves
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Industrial Valves in Oil and Gas Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Valves in Oil and Gas Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Valves in Oil and Gas Market, By Type
6. Global Industrial Valves in Oil and Gas Market, By Application
7. Global Industrial Valves in Oil and Gas Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Industrial Valves in Oil and Gas Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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