Control Valves Market (Component - Actuators, Valve Body, and Others; Material - Stainless Steel, Cast Iron, Alloy-based, Cryogenic, and Others; Type - Rotary Valves, and Linear Valves; Size - Less than 1, Between 1, Between 6, Between 25, and More than 50; Application - Oil & Gas, Chemicals, Energy & Power, Water & Wastewater Treatment, Food & Beverages, Pharmaceuticals, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2032

Control Valves Market (Component - Actuators, Valve Body, and Others; Material - Stainless Steel, Cast Iron, Alloy-based, Cryogenic, and Others; Type - Rotary Valves, and Linear Valves; Size - Less than 1, Between 1, Between 6, Between 25, and More than 50; Application - Oil & Gas, Chemicals, Energy & Power, Water & Wastewater Treatment, Food & Beverages, Pharmaceuticals, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2032

Report Code: IGR01835 Category: Energy, Infrastructure and Mining Published: September, 2025

A recent report published by Infinium Global Research on control valves market provides in-depth analysis of segments and sub-segments in the global as well as regional control valves market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional control valves market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global control valves market.

Market Insight:

The global control valves market was valued at USD 6.70 billion in 2023 and is expected to reach USD 15.09 billion in 2032, with a CAGR of 9.50% during the forecast period 2024-2032.

The control valves regulate the flow of fluids, such as gases, steam, water, or chemical compounds, by varying the size of the flow passage. The control valves market is witnessing a shift toward smart valves integrated with IoT technologies for enhanced real-time performance monitoring and predictive maintenance. Electric actuators are gaining preference due to their cleaner and more accurate operations. Additionally, the demand for energy-efficient, compact, and customizable valve systems is rising across space-limited industrial applications. Leading companies in the control valves market are adopting strategies such as strategic mergers, automation integration, and expansion into emerging economies to strengthen their global presence. However, they face challenges such as fluctuating raw material prices and complex regulatory frameworks. These issues may be mitigated through long-term supplier partnerships, investment in R&D for cost-effective solutions.

The growing emphasis on industrial automation is propelling the expansion of the control valves market. As manufacturing and processing industries transition toward smart factories and Industry 4.0 frameworks, the demand for precise, responsive, and automated flow control solutions has surged. Control valves play a critical role in regulating variables such as pressure, temperature, and flow across diverse sectors, including oil & gas, chemicals, water treatment, and pharmaceuticals. The need for uninterrupted, real-time process optimization and operational efficiency is driving widespread deployment of intelligent control valves integrated with digital communication protocols, thereby reinforcing market growth amid global automation trends. Additionally, the expansion of the energy and power sector is significantly fueling the growth of the control valves market. As global electricity demand surges and renewable energy projects proliferate, there is an increasing need for efficient and automated flow control systems. Control valves play a vital role in managing steam, gas, and fluid flow within power generation facilities, ensuring optimal plant performance and safety. Moreover, the integration of advanced control systems in smart grids and power plants enhances responsiveness and reliability. This growing focus on modernizing energy infrastructure is accelerating the adoption of high-performance control valves across the sector.

However, high installation and maintenance costs are acting as a major barrier to the expansion of the control valves market. These valves often require sophisticated materials and precise engineering, leading to increased upfront investment. Moreover, regular calibration, inspection, and servicing, especially in critical industries such as oil & gas and pharmaceuticals, further add to the operational expenses. Small- and medium-sized enterprises may find these costs prohibitive, slowing widespread adoption. As a result, despite their technological advantages, the financial burden associated with deploying control valve systems may hinder growth, particularly in cost-sensitive or developing markets. Furthermore, technological advancements are poised to generate significant opportunities for the control valves market in the coming years. Innovations such as smart valve systems, embedded sensors, and real-time diagnostics are enhancing precision, efficiency, and predictive maintenance capabilities. Integration with IoT platforms and AI-based monitoring solutions allows for automated process control, reducing human intervention and operational downtime. These developments will not only improve system performance but also lower long-term costs, making them attractive across industries such as water treatment, energy, and manufacturing. As digital transformation accelerates, these advanced control solutions are expected to gain robust market traction globally.

The Asia Pacific region dominates the control valves market due to rapid industrialization, robust manufacturing activities, and expanding infrastructure development across countries such as China, India, and Southeast Asia. The region's growing demand for oil and gas, chemicals, and power generation fuels the need for advanced flow control solutions. Additionally, large-scale investments in water treatment facilities, energy projects, and smart manufacturing are driving control valve adoption. Favorable government policies supporting industrial automation and foreign direct investments further boost market growth. The presence of major valve manufacturers and the availability of cost-effective labor also strengthen the Asia Pacific’s leading position in this market. Furthermore, North America is anticipated to register the fastest CAGR in the control valves market due to strong industrial automation, robust energy infrastructure, and supportive regulatory frameworks. The widespread adoption of IIoT and Industry 4.0 technologies across manufacturing, oil & gas, and water treatment facilities is accelerating the demand for advanced control valves. Additionally, increasing investments in modernizing water and wastewater systems, coupled with stringent environmental regulations, are driving the deployment of energy-efficient and smart valve solutions. The region's shale gas boom and focus on process optimization in critical industries further enhance market growth, making North America a dynamic hub for innovation and expansion.

Report Scope of the Control Valves Market:

Report Coverage Details
Market Size in 2023 USD 6.70 Billion
Market Size by 2032 USD 15.09 Billion
Growth Rate from 2024 to 2032 CAGR of 9.50%
Largest Market Asia Pacific
No. of Pages 350
Market Drivers
  • Rising industrial automation is fostering the control valves market growth.

  • Expanding the energy and power sector is propelling the market growth.

Market Segmentation By Component, By Material, By Type, By Size, and By Application
Regional Scope North America, Europe, Asia Pacific, and RoW

Segment wise revenue contribution in the global control valves market

The report on global control valves market provides a detailed analysis of segments in the market based on Component, Material, Type, Size, and Application.

Segmentation Based on Component

·       Actuators

·       Valve Body

·       Others

Segmentation Based on Material

·       Stainless Steel

·       Cast Iron

·       Alloy-based

·       Cryogenic

·       Others

Segmentation Based on Type

·       Rotary Valves

o     Ball

o     Butterfly

o     Plug

·       Linear Valves

o     Gate

o     Diaphragm

o     Others

Segmentation Based on Size

·       Less than 1

·       Between 1

·       Between 6

·       Between 25

·       More than 50

Segmentation Based on Application

·       Oil & Gas

·       Chemicals

·       Energy & Power

·       Water & Wastewater Treatment

·       Food & Beverages

·       Pharmaceuticals

·       Others

Company Profiled:

·       Emerson Electric Co.

·       IMI plc

·       Valmet

·       Flowserve Corporation

·       Honeywell International, Inc.

·       Baker Hughes Company

·       SLB

·       Rotork plc

·       Badger Meter, Inc.

·       Christian Bürkert GmbH & Co. KG

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the control valves market. Moreover, the study highlights current market trends and provides forecasts from 2024-2032. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.

Frequently Asked Questions (FAQ's)

The global control valves market was valued at USD 6.70 Billion in 2023.
It is likely to grow at a CAGR of 9.50% during the forecast period 2024-2032.
The global control valves market is estimated to reach USD 15.09 Billion by the end of 2032.
Asia Pacific is anticipated to exhibit high demand for control valves market during the forecast period.
Emerson Electric Co., IMI plc, Valmet, Flowserve Corporation, Honeywell International, Inc., Baker Hughes Company, SLB, Rotork plc, Badger Meter, Inc., and Christian Bürkert GmbH & Co. KG.
© 2024. Infinium Global Research LLP. All Rights Reserved.