Control Valve Market Size, Share & Trends Forecast to 2030
The global control valve market is projected to grow from USD 10.42 billion in 2025 to USD 13.30 billion by 2030, at a CAGR of 5.0%. The market is witnessing significant growth, due to the rising adoption of smart automation technologies and the increasing emphasis on energy efficiency across industrial processes. With the integration of Industrial Internet of Things (IIoT) and predictive maintenance capabilities, modern control valves enable real-time monitoring, reduced downtime, and optimized performance.
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KEY TAKEAWAYS
BY MATERIAL
Stainless steel's prominence in the control valve market continues to surge due to its corrosion resistance, durability, and suitability for various industrial applications.
BY COMPONENT
The actuator segment is driven by increasing industrial automation and the need for precise control in various processes, such as oil & gas, water treatment, and manufacturing.
BY SIZE
The >6"–25" control valve segment has seen robust growth, driven by expanding industrial infrastructure, particularly in the energy & power, oil & gas, and water & wastewater treatment sectors.
BY TYPE
Rotary valves have widespread adoption across critical industries, such as oil & gas, petrochemicals, and power generation, and this adoption is reinforced by ongoing investments in energy infrastructure and refinery modernization projects.
BY INDUSTRY
Control valves have seen significant expansion within the pulp & paper industry. They are essential tools for regulating fluid flow in manufacturing processes.
BY REGION
Asia Pacific leads the control valve market due to its massive industrial and infrastructure build-out (refining, petrochemicals, power, water), rapid automation upgrades, and deep local manufacturing.
COMPETITIVE LANDSCAPE
Major market players have adopted organic and inorganic strategies, including partnerships and investments. For instance, Emerson Electric Co., Flowserve Corporation, and IMI introduced new control valves equipped with enhanced features and improved performance capabilities.
Control valve market growth is fueled by the increasing demand for accurate flow regulation across oil & gas, power generation, and water treatment sectors. Rising automation, focusing on energy efficiency, and stricter safety rules encourage the use of advanced valves. Growth in chemical processing and LNG projects supports wider adoption, while smart technologies, such as IoT-based monitoring improve reliability and maintenance planning.