Control Valves Market
By Valve Type;
Globe, Ball, Butterfly, Plug, Diaphragm and OthersBy Actuation Technology;
Pneumatic, Hydraulic, Electric and ManualBy End-User Industry;
Oil & Gas, Chemical, Petrochemical & Fertilizer, Energy & Power, Water & Waste-Water Treatment, Metal & Mining, Food & Beverage, Pharmaceutical, Pulp & Paper and OthersBy Material;
Steel, Cast Iron, Alloy-Based, Plastic [PVC, PP, PVDF] and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America. - Report Timeline (2021 - 2031)Control Valves Market Overview
Control Valves Market (USD Million)
Control Valves Market was valued at USD 8,274.10 million in the year 2024. The size of this market is expected to increase to USD 15,617.79 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 9.5%.
Control Valves Market
*Market size in USD million
CAGR 9.5 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 9.5 % | 
| Market Size (2024) | USD 9,060.14 Million | 
| Market Size (2031) | USD 17,101.48 Million | 
| Market Concentration | Medium | 
| Report Pages | 387 | 
Major Players
- Emerson Electric Co.
 - Flowserve Corporation
 - IMI plc
 - Alfa Laval AB
 - AVK Holding A/S
 - Eaton
 - Honeywell International, Inc.
 - Velan Inc.
 - Burkert Fluid Control System
 - Valvitalia SpA
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Control Valves Market
Fragmented - Highly competitive market without dominant players
The Control Valves Market is advancing as plants target precision, safety, and uptime. Automated flow control features in nearly 70% of upgrades, with retrofits contributing about 30% of replacements. Modernizing to digital actuation delivers 15%–20% efficiency gains, and projects driven by energy efficiency exceed 45% of new specs.
Key Demand Drivers
Operations seek lower downtime, tighter quality control, and reduced emissions. Integrating advanced valves with DCS cuts deviations by up to 25%. Upgraded trim and seating reduce leakage by roughly 35%, while improved materials extend maintenance intervals by 20%. Pursuit of lifecycle cost benefits informs around 50% of investment decisions.
Technology Shift to Smart Control
Smart valves with diagnostics and IIoT links account for over 55% of new deployments. Remote insights reduce unplanned work by 20%–30%, and predictive alerts avert up to 40% of valve-related trips. Electric actuation captures about 35% of new choices and yields ~10% energy savings. Digital tuning trims commissioning time by 15%.
Performance & Reliability Focus
Severe-service selections use advanced trims for cavitation and noise control, appearing in ~30% of cases and cutting vibration by ~25%. Enhanced coatings and alloys add ~20% to service life, while low-leakage packing improves fugitive emissions by ~50%. Standardized spares can lower inventory by ~15%, and modular accessories speed turnarounds by 10%–12%.
Control Valves Market Key Takeaways
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There’s a clear shift toward smart, digitally enabled control valves, powered by IoT sensors and predictive maintenance — boosting operational uptime and energy efficiency.
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The oil & gas sector remains a pillar of demand, but water & wastewater treatment is emerging as a high-growth opportunity, driven by urban infrastructure modernization.
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Asia-Pacific is disproportionately influential, contributing roughly 40–45 % of revenue and serving as the fastest-growing regional market.
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Actuation technologies are diversifying: while pneumatic systems still hold major share, electric actuators are gaining traction due to emission regulations and advanced diagnostics.
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Manufacturers are increasingly leaning on rotary valves (ball, butterfly) for their favorable size-to-performance tradeoffs in infrastructure and process industries.
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Strategic consolidation is underway — major players are merging or bundling aftermarket services (spares, diagnostics) to move from transactional to recurring-revenue models.
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Sustainability and resilience are rising strategic priorities, with growing use of corrosion-resistant alloys and severe-service designs for demanding environments.
 
Control Valves Market Recent Developments
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In April 2023, Emerson launched its advanced Fisher FIELDVUE DVC7K digital valve controller designed to enhance control valve performance through predictive diagnostics and real-time optimization. The innovation strengthens Emerson’s digital transformation portfolio in process automation.
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In January 2024, Flowserve Corporation entered a strategic collaboration with Paques Biomaterials to supply specialized control valves for biopolymer manufacturing systems. The partnership focuses on advancing sustainable process technologies and improving operational efficiency in the control valves market.
 
Control Valves Market Segment Analysis
In this report, the Control Valves Market has been segmented by Valve Type, Actuation Technology, End-User Industry, Material and Geography. The market is driven by advancements in automation technologies, growing demand for efficient flow control systems, and the adoption of smart valves for industrial applications. Increasing investments in energy, water treatment, and chemical processing industries are shaping the market’s growth trajectory globally.
Control Valves Market, Segmentation by Valve Type
The Valve Type segmentation comprises Globe, Ball, Butterfly, Plug, Diaphragm, and Others. Each valve type serves a distinct function depending on pressure handling, fluid characteristics, and operational control needs. Continuous advancements in design efficiency and material durability are enhancing performance reliability across industrial environments.
GlobeGlobe valves dominate applications requiring precise flow regulation and throttling. They are extensively used in power generation and chemical plants for controlling pressure drops. The segment’s growth is fueled by innovations in actuator integration and low-leakage seat designs that improve energy efficiency.
BallBall valves are preferred for applications requiring tight shut-off and minimal pressure drop. Their robust construction supports high-pressure systems in oil & gas pipelines and refineries. The increasing demand for trunnion-mounted ball valves and corrosion-resistant materials continues to strengthen this segment.
ButterflyButterfly valves are widely adopted in HVAC, water treatment, and power generation sectors due to their lightweight design and compactness. The market is witnessing technological improvements in double-offset and triple-offset designs that enhance sealing performance and extend service life.
PlugPlug valves offer excellent flow control and are ideal for applications involving abrasive or corrosive fluids. Their versatility and minimal maintenance requirements make them popular in chemical and fertilizer industries. The growing adoption of sleeved plug valves ensures improved sealing and reduced torque operation.
DiaphragmDiaphragm valves are essential in pharmaceutical and food processing industries where contamination control is critical. Their hermetic sealing properties make them ideal for hygienic applications. Manufacturers are developing multi-turn designs to improve control precision.
OthersThe others segment includes needle and pinch valves used in specialized applications such as laboratory and slurry control systems. The segment is benefiting from advancements in smart valve diagnostics and remote performance monitoring.
Control Valves Market, Segmentation by Actuation Technology
The Actuation Technology segmentation includes Pneumatic, Hydraulic, Electric, and Manual. The choice of actuation depends on process conditions, control accuracy, and energy efficiency requirements. Market players are increasingly integrating IoT-enabled actuator systems to facilitate predictive maintenance and real-time monitoring.
Pneumatic
Pneumatic actuation remains the most popular technology due to its high reliability, cost-effectiveness, and suitability for hazardous environments. It is extensively used in oil & gas, chemical, and power generation sectors. The development of smart positioners is enhancing pneumatic valve control precision.
Hydraulic
Hydraulic actuators are preferred in heavy-duty industries requiring high force and torque. They are commonly applied in marine, mining, and energy applications. The integration of electro-hydraulic systems is improving control efficiency and responsiveness.
Electric
Electric actuators are witnessing increasing adoption in automation-driven industries due to their precision and energy efficiency. These systems are ideal for remote operations and smart grid control. The segment is growing rapidly as industries transition to digitally connected, low-emission systems.
Manual
Manual valves continue to serve applications requiring low-cost and intermittent operations. Despite their limited use in automated systems, they remain essential in backup and maintenance operations. Demand is stable in smaller-scale industries prioritizing operational simplicity.
Control Valves Market, Segmentation by End-User Industry
The End-User Industry segmentation covers Oil & Gas, Chemical, Petrochemical & Fertilizer, Energy & Power, Water & Waste-Water Treatment, Metal & Mining, Food & Beverage, Pharmaceutical, Pulp & Paper, and Others. Demand for control valves in these industries is driven by the need for process optimization, safety compliance, and energy-efficient systems.
Oil & Gas
Oil & Gas remains the largest end-user, accounting for a significant share of the control valves market. These valves are critical in upstream, midstream, and downstream applications for flow and pressure control. Rising exploration projects and LNG infrastructure investments are boosting market growth.
Chemical
Chemical industries demand corrosion-resistant valves for handling aggressive fluids. With the rise of specialty chemical production, the need for high-precision flow regulation is expanding, particularly in emerging markets such as Asia Pacific.
Petrochemical & Fertilizer
Petrochemical and fertilizer sectors rely on advanced valve technologies for temperature and pressure-sensitive reactions. Ongoing capacity expansion in developing regions continues to strengthen this segment’s market share.
Energy & Power
Energy & Power industries use control valves to manage steam, condensate, and coolant systems. The global shift toward renewable and nuclear power generation is driving modernization of valve control systems with digital and predictive capabilities.
Water & Waste-Water Treatment
Water and wastewater treatment facilities use valves for flow regulation, chemical dosing, and distribution networks. Increasing municipal infrastructure investments and environmental regulations support the adoption of automated valve systems.
Metal & Mining
Metal and mining operations depend on robust valves to handle abrasive and high-pressure slurries. Rising commodity production and focus on worker safety are fueling demand for durable and remote-controlled valves.
Food & Beverage
Food & Beverage industries require hygienic and stainless-steel valve designs to maintain product purity. Increased investment in automated bottling and packaging systems is promoting market expansion.
Pharmaceutical
Pharmaceutical industries utilize precision control valves in sterile manufacturing environments. Demand is rising for aseptic valve systems that meet strict regulatory standards for hygiene and safety.
Pulp & Paper
Pulp & Paper manufacturing uses valves for steam, water, and chemical control throughout processing lines. The drive toward energy-efficient production and sustainable operations supports modernization of valve technologies.
Others
The Others category includes industries such as textile and marine, where control valves are used for auxiliary operations. This segment is growing steadily with custom-engineered solutions tailored for niche applications.
Control Valves Market, Segmentation by Material
The Material segmentation includes Steel, Cast Iron, Alloy-Based, Plastic [PVC, PP, PVDF], and Others. Material selection directly affects valve performance, corrosion resistance, and lifespan. Increasing demand for lightweight and sustainable materials is shaping product innovation trends.
Steel
Steel valves dominate the market due to their strength, temperature resistance, and suitability for high-pressure applications. Stainless steel is extensively used in oil & gas, chemical, and power sectors for its corrosion resistance.
Cast Iron
Cast iron valves are popular for water distribution and low-pressure systems. Their cost efficiency and durability make them ideal for municipal and irrigation applications. However, they face competition from lighter, non-metal alternatives.
Alloy-Based
Alloy-based valves are designed for extreme environments involving high temperature and corrosive media. Materials like Inconel, Monel, and Hastelloy enhance performance in chemical and power industries.
Plastic
Plastic valves—comprising PVC, PP, and PVDF—offer superior corrosion resistance and are lightweight, making them suitable for water treatment and chemical processing. The growing demand for cost-effective and recyclable materials is expanding this segment.
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PVC
PVC valves are extensively used in irrigation and water treatment systems due to their affordability and easy installation. They provide strong chemical resistance and long operational lifespan.
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PP
PP valves are lightweight and resistant to acids and alkalis, making them suitable for chemical and wastewater plants. Their low maintenance and cost efficiency contribute to growing adoption.
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PVDF
PVDF valves provide exceptional resistance to high-purity and corrosive environments. They are ideal for semiconductor and pharmaceutical applications requiring contamination-free systems.
 
Others
The Others category includes bronze and composite materials that cater to specific pressure and fluid requirements. Advancements in metal-polymer hybrid designs are supporting longer lifecycle performance.
Control Valves Market, Segmentation by Geography
In this report, the Control Valves Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America leads the global control valves market driven by the expansion of shale gas exploration and industrial automation initiatives. The U.S. dominates the region with strong investments in smart valve infrastructure and retrofit projects.
Europe
Europe shows steady growth supported by energy efficiency regulations and the modernization of chemical and power plants. Countries such as Germany and the U.K. are investing heavily in digital valve control systems.
Asia Pacific
Asia Pacific is the fastest-growing region due to rapid industrialization, infrastructure development, and manufacturing expansion in China, India, and Japan. Increasing government support for renewable energy projects boosts demand for advanced control systems.
Middle East & Africa
Middle East & Africa hold significant potential owing to large-scale oil & gas projects and water treatment infrastructure. Strategic collaborations and the adoption of automation technology are fueling market development.
Latin America
Latin America exhibits moderate growth with opportunities emerging in energy and mining sectors. Brazil and Mexico are leading the region’s adoption of smart valve technologies and industrial process upgrades.
Control Valves Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Control Valves Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints, and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential | 
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | 
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance | 
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances | 
Drivers, Restraints and Opportunity Analysis
Drivers:
- Focus on Safety and Efficiency
 - Rising Investments in Renewable Energy
 - Development of Smart Control Valves
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Increasing Adoption in the Pharmaceutical Sector: The increasing adoption of control valves in the pharmaceutical sector is primarily driven by the need for precision and reliability in manufacturing processes. Pharmaceutical production requires stringent control over various parameters such as temperature, pressure, and flow rates to ensure the consistency and quality of the final product. Control valves play a critical role in maintaining these parameters within the desired range, thus ensuring compliance with Good Manufacturing Practices (GMP) and regulatory standards set by authorities like the FDA. The ability of modern control valves to offer high accuracy and repeatability makes them indispensable in the production of pharmaceuticals, where even minor deviations can lead to significant variations in product efficacy and safety.
The pharmaceutical industry is experiencing rapid growth due to increasing healthcare demands, advancements in drug development, and rising investments in biotech and pharmaceutical research. This growth necessitates the expansion and modernization of manufacturing facilities, further driving the demand for advanced control valves. With the ongoing trend towards automation and digitalization, smart control valves equipped with sensors and IoT capabilities are becoming increasingly popular. These valves enable real-time monitoring and control, predictive maintenance, and enhanced process efficiency, aligning with the pharmaceutical sector's focus on innovation and operational excellence. Consequently, the adoption of control valves in the pharmaceutical sector is expected to continue its upward trajectory, contributing significantly to the overall growth of the global control valves market.
 
Restraints:
- High Initial Cost
 - Insufficient medical facilities
 - Complex Installation Procedures
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Maintenance and Operational Challenges: Maintenance and operational challenges in the control valves market are significant concerns for industries relying on these critical components for fluid handling and regulation. One major challenge is the regular wear and tear that control valves experience due to constant exposure to varying pressures, temperatures, and corrosive materials. This necessitates frequent maintenance to prevent failures, which can be both time-consuming and costly. The maintenance process itself can be complex, requiring skilled technicians to diagnose issues, disassemble valves, replace worn parts, and reassemble them correctly. Additionally, the downtime during maintenance can disrupt production schedules, leading to potential financial losses and inefficiencies in industrial operations.
Operational challenges include ensuring optimal performance and reliability of control valves in diverse and often harsh environments. Control valves must function accurately under varying operational conditions to maintain process stability and safety. However, issues such as valve sticking, cavitation, and leakage can compromise their performance. Implementing advanced diagnostic tools and monitoring systems can help detect early signs of problems, but these technologies require significant investment and expertise to operate effectively. Furthermore, integrating control valves with modern automation systems poses compatibility and calibration challenges, necessitating continuous updates and training for personnel. Addressing these maintenance and operational challenges is crucial for industries to ensure the longevity and efficiency of their control valve systems, ultimately impacting overall productivity and safety.
 
Opportunities:
- Intense Market Competition
 - Integration with Existing Systems
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Limited Awareness and Adoption in Emerging Markets: Limited awareness and adoption of control valves in emerging markets is a significant challenge impacting the growth of the global control valves market. In many developing countries, industries and infrastructure projects often lack the advanced technological framework and expertise required to implement and maintain sophisticated control valve systems. This is partly due to the limited availability of skilled personnel and inadequate training programs, which hampers the understanding and utilization of these advanced systems. Moreover, many companies in these regions prioritize cost-cutting measures and may opt for cheaper, less efficient alternatives instead of investing in high-quality control valve technology.
Economic constraints and fluctuating market conditions in emerging markets contribute to the slow adoption of control valves. The initial high capital investment required for these systems can be a significant deterrent for many small and medium-sized enterprises (SMEs) operating in these regions. Additionally, the return on investment (ROI) for control valves may not be immediately evident, leading to reluctance in adoption. These factors, combined with a lack of robust industrial infrastructure and support, result in a slower integration of control valve technology, ultimately affecting the overall market growth in emerging economies.
 
Control Valves Market Competitive Landscape Analysis
Control Valves Market is characterized by a highly competitive environment where manufacturers emphasize differentiation through innovation, collaboration, and strategies to secure market share. Leading players focus on partnerships and merger activities to strengthen portfolios, while mid-tier companies adopt niche-focused approaches. This mix creates an evolving competitive field with consistent emphasis on growth and technological leadership.
Market Structure and Concentration
The market shows a balance between established multinationals and specialized firms, creating a blend of concentration and diversity. Larger companies dominate nearly 55% of the share, while smaller firms contribute to regional strength. Strategic merger activity and partnerships consolidate influence, and competition increasingly hinges on digital integration and technological advancements for sustained growth.
Brand and Channel Strategies
Manufacturers invest heavily in brand positioning and multichannel distribution, with around 60% of revenues influenced by direct sales and digital platforms. Strategic partnerships with distributors enhance accessibility, while marketing emphasizes innovation and reliability. Leading firms differentiate through service-driven strategies and extended warranties, strengthening customer loyalty and reinforcing their long-term growth trajectory.
Innovation Drivers and Technological Advancements
The sector prioritizes technological advancements, with over 45% of companies allocating resources toward automation and smart valve integration. Innovation remains central, with digital monitoring and predictive control systems redefining performance standards. Collaboration with software developers accelerates new product launches, and sustainability-driven strategies highlight eco-efficient designs, supporting stronger competitive positions and long-term growth.
Regional Momentum and Expansion
Regional expansion is significant, with Asia-Pacific accounting for more than 40% of adoption due to industrialization and infrastructure upgrades. Partnerships with local distributors enable stronger penetration, while established players in North America and Europe leverage innovation and service-based strategies. Competitive collaboration across regions reinforces the market’s global integration and supports diversified growth momentum.
Future Outlook
The future of the market emphasizes growth through digital transformation, collaboration, and sustainability-focused strategies. With nearly 50% of firms expected to enhance R&D investment, technological advancements will redefine valve efficiency and performance. Continued partnerships, merger activities, and targeted regional expansion will drive competitive advantage, ensuring the market evolves with rising industrial and environmental demands.
Key players in Control Valves Market include:
- Emerson Electric Co.
 - Flowserve Corporation
 - IMI plc
 - Honeywell International Inc.
 - Schneider Electric SE
 - Siemens AG
 - ABB Ltd.
 - Metso Corporation
 - Curtiss-Wright Corporation
 - Velan Inc.
 - Christian Bürkert GmbH & Co. KG
 - KITZ Corporation
 - Spirax Sarco Limited
 - Parker Hannifin Corporation
 - Crane Co.
 
In this report, the profile of each market player provides following information:
- Market Share Analysis
 - Company Overview and Product Portfolio
 - Key Developments
 - Financial Overview
 - Strategies
 - Company SWOT Analysi
 
- Introduction 
- Research Objectives and Assumptions
 - Research Methodology
 - Abbreviations
 
 - Market Definition & Study Scope
 - Executive Summary 
- Market Snapshot, By Valve Type
 - Market Snapshot, By Actuation Technology
 - Market Snapshot, By End-User Industry
 - Market Snapshot, By Material
 - Market Snapshot, By Region
 
 - Control Valves Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
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Focus on Safety and Efficiency
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Rising Investments in Renewable Energy
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Development of Smart Control Valves
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Increasing Adoption in the Pharmaceutical Sector
 
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 - Restraints 
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High Initial Cost
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Insufficient medical facilities
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Complex Installation Procedures
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Maintenance and Operational Challenges
 
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 - Opportunities 
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Intense Market Competition
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Integration with Existing Systems
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Limited Awareness and Adoption in Emerging Markets
 
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 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bargaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Competitive Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Control Valves Market, By Valve Type, 2021 - 2031 (USD Million) 
- Globe
 - Ball
 - Butterfly
 - Plug
 - Diaphragm
 - Others
 
 - Control Valves Market, By Actuation Technology, 2021 - 2031 (USD Million) 
- Pneumatic
 - Hydraulic
 - Electric
 - Manual
 
 - Control Valves Market, By End-user Industry, 2021 - 2031 (USD Million) 
- Oil and Gas
 - Chemical, Petrochemical & Fertilizer
 - Energy and Power
 - Water and Waste-water Treatment
 - Metal and Mining
 - Food and Beverage
 - Pharmaceutical
 - Pulp and Paper
 - Others
 
 - Control Valves Market, By Material, 2021 - 2031 (USD Million) 
- Steel
 - Cast Iron
 - Alloy-based
 - Plastic 
- PVC
 - PP
 - PVDF
 
 - Others
 
 - Control Valves Market, By Geography, 2021 - 2031 (USD Million) 
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North America
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United States
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Canada
 
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Europe
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Germany
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United Kingdom
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France
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Italy
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Spain
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Nordic
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Benelux
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Rest of Europe
 
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Asia Pacific
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Japan
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China
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India
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Australia & New Zealand
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South Korea
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ASEAN (Association of South East Asian Countries)
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Rest of Asia Pacific
 
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Middle East & Africa
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GCC
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Israel
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South Africa
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Rest of Middle East & Africa
 
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Latin America
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Brazil
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Mexico
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Argentina
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Rest of Latin America
 
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 - Control Valves Market, By Valve Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Emerson Electric Co.
 - Flowserve Corporation
 - IMI plc
 - Honeywell International Inc.
 - Schneider Electric SE
 - Siemens AG
 - ABB Ltd.
 - Metso Corporation
 - Curtiss-Wright Corporation
 - Velan Inc.
 - Christian Bürkert GmbH & Co. KG
 - KITZ Corporation
 - Spirax Sarco Limited
 - Parker Hannifin Corporation
 - Crane Co.
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

