Control Valves Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Control Valves Market: Product Type (Globe Valve, Ball Valve, Butterfly Valve, Angle Valve, Diaphragm Valve, Others), Operation (Pneumatic Control Valve, Hydraulic Control Valve and Electrical Control Valve), Application (Electrical Power, Oil & Gas, Water & Wastewater, Automotive, Pharmaceuticals, Mining, Chemicals, Food & Beverages and Others) Region

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Report

Description

Control Valves Market size is valued at USD 5,784.3 million in 2021 and is expected to grow at a significant CAGR of 6.8% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by product type, Operation, and Application. Based on product type, market has been segmented into Globe Valve, Ball Valve, Butterfly Valve, Angle Valve, Diaphragm Valve, and Others. The globe valve segment is likely to be the largest and fastest-growing segment in terms of type. Based on operation Control valve market is segmented into Pneumatic Control Valve, Hydraulic Control Valves, and Electrical Control Valve.  Among these, the Pneumatic Control Valve segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the control valve market is segmented into Electrical Power, Oil & Gas, Water & Wastewater, Automotive, Pharmaceuticals, Mining, Chemicals, Food & Beverages, and Others. The Electrical Power segment accounts for the largest share in 2021. Oil & Gas is the second-largest share during the forecast period 2021-2028 according to Precision Business Insights.

Key Development:

In February 2020, Curtiss-Wright Corporation has entered into an agreement to acquire the stock of Dyna-Flo Control Valve Services (Dyna-Flo), one of the leading designers and manufacturers of linear and rotary controsl valves, isolation valves, actuators, and level and pressure control systems for the chemicals, petrochemicals, and oil & gas markets.

Control Valves Market

MARKET SUMMARY
-
6.8%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 6.8%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Control Valves Market

  • The control valves market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The control valves market report gives historical, current, and future market sizes (US$ Mn) based on product type, operation, application and geography.
Key Players
  • ALFA LAVAL
  • Schlumberger Limited
  • Crane Co
  • Flowserve Corporation
  • KITZ Corporation
Control Valves Market Drivers

Increasing demand for valves from healthcare and pharmaceuticals industries due to the outbreak of the COVID-19 pandemic, rising demand for energy in APAC, growing need for connected networks to maintain and monitor industrial equipment, and surging focus on establishing new nuclear power plants and upscaling of existing ones are the key driving factors for the control valve market.


Asia-Pacific Got Significant Share

Control Valves Market

By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. China and India are expected to add the growth of the control valves in the Asian Pacific region

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The control valves market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The control valves market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The control valves market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The control valves market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The control valves market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Control Valves Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The control valves market is projected to expand at a CAGR of 6.8% during the forecast period.

The major players in the control valves market are Emerson Electric Co., ALFA LAVAL, Schlumberger Limited., Crane Co., Flowserve Corporation, KITZ Corporation, SAMSON AKTIENGESELLSCHAFT, Velan, Inc., AVK Holding A/S, Apollo Valves

Asia Pacific is the fastest-growing region for control valves market


Report

Table Of Content

1. Executive Summary
2. Global Control Valves Market Introduction
2.1. Global Control Valves Market – Taxonomy
2.2. Global Control Valves Market –Definitions
2.2.1. Product Type
2.2.2. Operation
2.2.3. Application
2.2.4. Region
3. Global Control Valves Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Control Valves Market Dynamic Factors – Impact Analysis
3.6. Global Control Valves Market – Competition Landscape
3.7. Epidemiology
4. Global Control Valves Market Analysis,2017-2021 and Forecast, 2022-2028
4.1. Market Analysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Control Valves Market, By Product Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Globe Valve
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Ball Valve
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Butterfly Valve
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Angle Valve
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Diaphragm Valve
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Others
5.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global Control Valves Market Forecast, By Operation, 2017-2021 and Forecast, 2021 – 2027 (Revenue, USD Mn)
6.1. Pneumatic Control Valve
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Hydraulic Control Valve
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Electrical Control Valve
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
7. Global Control Valves Market, By Application, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Electrical Power
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Oil & Gas
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Water & Wastewater
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Automotive
7.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Pharmaceuticals
7.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Mining
7.6.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.6.3. Market Opportunity Analysis
7.7. Chemicals
7.7.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.7.3. Market Opportunity Analysis
7.8. Food & Beverages
7.8.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.8.3. Market Opportunity Analysis
7.9. Others
7.9.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.9.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.9.3. Market Opportunity Analysis
8. Global Control Valves Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Control Valves Market – Opportunity Analysis Index, By Product Type, Operation, Application and Region, 2022-2028
9. North America Control Valves MarketAnalysis,2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. By Product Type Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Globe Valve
9.1.2. Ball Valve
9.1.3. Butterfly Valve
9.1.4. Angle Valve
9.1.5. Diaphragm Valve
9.1.6. Others
9.2. Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Pneumatic Control Valve
9.2.2. Hydraulic Control Valve
9.2.3. Electrical Control Valve
9.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Electrical Power
9.3.2. Oil & Gas
9.3.3. Water & Wastewater
9.3.4. Automotive
9.3.5. Pharmaceuticals
9.3.6. Mining
9.3.7. Chemicals
9.3.8. Food & Beverages
9.3.9. Others
9.4. Country Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Control Valves Market – Opportunity Analysis Index, By Product Type, Operation, Application, and Country, 2022-2028
9.6. North America Control Valves Market Dynamics – Trends
10. Europe Control Valves Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. By Product Type Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Globe Valve
10.1.2. Ball Valve
10.1.3. Butterfly Valve
10.1.4. Angle Valve
10.1.5. Diaphragm Valve
10.1.6. Others
10.2. Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Pneumatic Control Valve
10.2.2. Hydraulic Control Valve
10.2.3. Electrical Control Valve
10.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Electrical Power
10.3.2. Oil & Gas
10.3.3. Water & Wastewater
10.3.4. Automotive
10.3.5. Pharmaceuticals
10.3.6. Mining
10.3.7. Chemicals
10.3.8. Food & Beverages
10.3.9. Others
10.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Control Valves Market – Opportunity Analysis Index, By Product Type, Operation, Application, and Country, 2022-2028
10.6. Europe Control Valves Market Dynamics – Trends
11. Asia-Pacific Control Valves Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. By Product Type Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Globe Valve
11.1.2. Ball Valve
11.1.3. Butterfly Valve
11.1.4. Angle Valve
11.1.5. Diaphragm Valve
11.1.6. Others
11.2. Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Pneumatic Control Valve
11.2.2. Hydraulic Control Valve
11.2.3. Electrical Control Valve
11.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Electrical Power
11.3.2. Oil & Gas
11.3.3. Water & Wastewater
11.3.4. Automotive
11.3.5. Pharmaceuticals
11.3.6. Mining
11.3.7. Chemicals
11.3.8. Food & Beverages
11.3.9. Others
11.4. Country Analysis2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Control Valves Market – Opportunity Analysis Index, By Product Type, Operation, Application, and Country, 2022-2028
11.6. Asia-Pacific Control Valves Market Dynamics – Trends
12. Latin America Control Valves Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. By Product Type Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Globe Valve
12.1.2. Ball Valve
12.1.3. Butterfly Valve
12.1.4. Angle Valve
12.1.5. Diaphragm Valve
12.1.6. Others
12.2. Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Pneumatic Control Valve
12.2.2. Hydraulic Control Valve
12.2.3. Electrical Control Valve
12.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Electrical Power
12.3.2. Oil & Gas
12.3.3. Water & Wastewater
12.3.4. Automotive
12.3.5. Pharmaceuticals
12.3.6. Mining
12.3.7. Chemicals
12.3.8. Food & Beverages
12.3.9. Others
12.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Control Valves Market – Opportunity Analysis Index, Product Type, Operation, Application, and Country, 2022-2028
12.6. Latin America Control Valves Market Dynamics – Trends
13. Middle East and Africa Control Valves Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. By Product Type Analysis 2017-2021 and Forecast 2022-2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Globe Valve
13.1.2. Ball Valve
13.1.3. Butterfly Valve
13.1.4. Angle Valve
13.1.5. Diaphragm Valve
13.1.6. Others
13.2. Operation Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Pneumatic Control Valve
13.2.2. Hydraulic Control Valve
13.2.3. Electrical Control Valve
13.3. Application Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Electrical Power
13.3.2. Oil & Gas
13.3.3. Water & Wastewater
13.3.4. Automotive
13.3.5. Pharmaceuticals
13.3.6. Mining
13.3.7. Chemicals
13.3.8. Food & Beverages
13.3.9. Others
13.4. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Control Valves Market – Opportunity Analysis Index, By Product Type, Operation, Application, and Country, 2022-2028
13.6. MEA Control Valves Market Dynamics – Trends
14. Competition Landscape
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Operation& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Emerson Electric Co.
14.2.2. ALFA LAVAL
14.2.3. Schlumberger Limited.
14.2.4. Crane Co.
14.2.5. Flowserve Corporation
14.2.6. KITZ Corporation
14.2.7. SAMSON AKTIENGESELLSCHAFT
14.2.8. Velan Inc
14.2.9. AVK Holding A/S
14.2.10. Apollo Valves
15. Research Methodology
16. Key Assumptions and Acronyms

Report

Company Profile

  • Emerson Electric Co
  • ALFA LAVAL
  • Schlumberger Limited
  • Crane Co
  • Flowserve Corporation
  • KITZ Corporation
  • SAMSON AKTIENGESELLSCHAFT
  • Velan Inc
  • AVK Holding A/S
  • Apollo Valves

Description

Control Valves Market size is valued at USD 5,784.3 million in 2021 and is expected to grow at a significant CAGR of 6.8% during the forecast period 2022 to 2028. The global market provides a detailed overview and that can be segmented by product type, Operation, and Application. Based on product type, market has been segmented into Globe Valve, Ball Valve, Butterfly Valve, Angle Valve, Diaphragm Valve, and Others. The globe valve segment is likely to be the largest and fastest-growing segment in terms of type. Based on operation Control valve market is segmented into Pneumatic Control Valve, Hydraulic Control Valves, and Electrical Control Valve.  Among these, the Pneumatic Control Valve segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the control valve market is segmented into Electrical Power, Oil & Gas, Water & Wastewater, Automotive, Pharmaceuticals, Mining, Chemicals, Food & Beverages, and Others. The Electrical Power segment accounts for the largest share in 2021. Oil & Gas is the second-largest share during the forecast period 2021-2028 according to Precision Business Insights.

Key Development:

In February 2020, Curtiss-Wright Corporation has entered into an agreement to acquire the stock of Dyna-Flo Control Valve Services (Dyna-Flo), one of the leading designers and manufacturers of linear and rotary controsl valves, isolation valves, actuators, and level and pressure control systems for the chemicals, petrochemicals, and oil & gas markets.

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