North America Commercial Valves Market: By Type of Valve, By Material and Geography
North America Commercial Valves Market: By Type of Valve, By Material and Geography
North America Commercial Valves Market was valued at US$ 1,048.2 million in 2022 and is expected to grow at a CAGR of 5.3% over 2023–2029. The market provides a detailed overview and that can be segmented by type of valve and material. By type of valve, the North America commercial valves market has been segmented into ball valves, check valves, butterfly valves, balancing valves and others. The check valves segment is likely to be the largest and fastest-growing segment in terms of the type of valve. Based on material, the market is segmented into alloy-based, cast iron, steel and others. Among these, the alloy-based segment is expected to have the fastest-growing market during the forecast period 2022-2028.
Governments worldwide are paying more to provide every family with necessities like gas and freshwater. To supply fresh water, new water treatment facilities are being developed. To deliver gas to both residential and non-residential structures, numerous new pipeline projects are created. Industrial valves are used more frequently to regulate gas flow throughout gas distribution systems. During the projected period, the market for industrial valves is expected to rise due to significant advances in the water sector and the construction of new gas distribution networks. However, the market's expansion may be hampered by a lack of uniform certifications, inconsistent government regulations, and downtime for repairs and maintenance.
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Report Benchmarks |
Details |
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Market Size in 2022 |
US$ 1,048.2 million |
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By Type |
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By Material Type |
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The North America Commercial Valves Market is projected to expand at a CAGR of 5.3% during the forecast period.
The major players in the North America commercial valves market are Burkert, Ultraflo. PARKER HANNIFIN CORP, Flowserve Corp, Circor, American Valve, Pentair and Swagelok Company
The rising adoption of automation technologies
| 1. Executive Summary |
| 2. North America Commercial Valves Market Introduction |
| 2.1. North America Commercial Valves Market – Taxonomy |
| 2.2. North America Commercial Valves Market – Definitions |
| 2.2.1. By Type |
| 2.2.2. By Material |
| 2.2.3. By Country |
| 3. North America Commercial Valves Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. North America Commercial Valves Market Dynamics – Factors Impact Analysis |
| 4. North America Commercial Valves Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. North America Commercial Valves Market Forecast, By Type of valve, 2018 - 2022 and Forecast, 2023 - 2029 |
| 5.1. Ball Valves |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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. Check Valves |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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 Valves |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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. Balancing Valves |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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. Others |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. North America Commercial Valves Market Forecast, By Material, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Alloy Based |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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. Cast Iron |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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. Steel |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Others |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7. North America Commercial Valves Market Forecast, By Country, 2018 - 2022 and Forecast, 2023 - 2029 |
| 7.1. U.S. |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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. Canada |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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. North America Commercial Valves Market - Opportunity Analysis Index, By Product, By Application, By End-User, and Region, 2023 - 2029 |
| 8. U.S. Commercial Valves Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 8.1. Type of Valve Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Ball Valves |
| 8.1.2. Check Valves |
| 8.1.3. Butterfly Valves |
| 8.1.4. Balancing Valves |
| 8.1.5. Others |
| 8.2. Material Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1. Alloy Based |
| 8.2.2. Cast Iron |
| 8.2.3. Steel |
| 8.2.4. Others |
| 8.3. U.S. Commercial Valves Market - Opportunity Analysis Index, By Type of Valves, By Material, 2023 - 2029 |
| 8.4. U.S. Commercial Valves Market Dynamics – Trends |
| 9. Canada Commercial Valves Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 9.1. Type of Valve Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Ball Valves |
| 9.1.2. Check Valves |
| 9.1.3. Butterfly Valves |
| 9.1.4. Balancing Valves |
| 9.1.5. Others |
| 9.2. Material Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Alloy Based |
| 9.2.2. Cast Iron |
| 9.2.3. Steel |
| 9.2.4. Others |
| 9.3. Canada Commercial Valves Market - Opportunity Analysis Index, By Product, By Application, By End-User, 2023 - 2029 |
| 9.4. Canada Commercial Valves Market Dynamics – Trends |
| 10. Competition Landscape |
| 10.1. Strategic Dashboard of Top Market Players |
| 10.2. Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis) |
| 10.2.1. Burkert |
| 10.2.2. Ultraflo |
| 10.2.3. PARKER HANNIFIN CORP |
| 10.2.4. Flowserve Corp |
| 10.2.5. Circor |
| 10.2.6. American Valve |
| 10.2.7. Pentair |
| 10.2.8. Swagelok Company |
| 11. Research Methodology |
| 12. Key Assumptions and Acronyms |
Key Market Players
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