Control Valves Market
By Valve Type;
Globe, Ball, Butterfly, Plug, Diaphragm and Other Valve TypesBy 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 Other IndustriesBy Material;
Steel, Cast Iron, Alloy-Based, Plastic (PVC, PP, PVDF) and Other MaterialsBy 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 |
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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 Recent Developments
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In June 2023, Aquana announced the launch of the Actuator Valve Serial (AVS), a new remote cutoff valve that is part of the Water IoT platform. The valve, manufactured and designed in the U.S., serves as a remote disconnect ball valve with an IP68 rating and can be integrated with any current Advanced Metering Infrastructure (AMI) platform.
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In June 2023, Honeywell International, Inc. and Fokker Services entered into a memorandum of understanding in which Honeywell authorized Fokker to fulfil its requirements as a channel partner and service center for their pre-cooler control valve (PCCV) repair & reworking services. This partnership is anticipated to offer airline operators with more options for services of component repair.
Control Valves Market Segment Analysis
In this report, The Control Valves Market Has Been Segmented By Component Type, Product Type, Size Type, End User and Geography.
Control Valves Market, Segmentation by Component Type
The Control Valves Market Has Been Segmented By Component Type into Valve Body, Actuators and Others.
Valve Body
The valve body represents nearly 50% of the market, acting as the core component that manages flow and pressure control. Its high durability and adaptability support applications in oil & gas, water treatment, and power generation industries.
Actuators
Actuators account for about 40%, enabling automation and precision in valve performance. With the rise of smart valves and digital monitoring, they are essential in chemicals, energy, and pharmaceuticals sectors.
Others
Others contribute around 10%, comprising positioners, seals, and accessories. These components enhance accuracy, reliability, and safety, ensuring consistent valve performance in critical industrial operations.
Control Valves Market, Segmentation by Product Type
The Control Valves Market Has Been Segmented By Product Type into Linear - Gate, Diaphragm and Others, Rotary - Ball, Butterfly and Plug.
Linear - Gate
Gate valves form nearly 20% of the market, widely used in oil & gas and water distribution systems. They provide reliable shut-off and long service life, making them essential for fluid isolation.
Linear - Diaphragm
Diaphragm valves account for about 15%, preferred in pharmaceutical, food & beverage, and water treatment sectors. Their hygienic design and corrosion resistance support safe handling of fluids.
Linear - Others
Other linear valves, including globe and pinch valves, represent close to 10%. They offer precise flow regulation and are applied in chemicals, power plants, and specialized fluid control processes.
Rotary - Ball
Ball valves dominate rotary types with around 25% share. Known for ease of operation and durability, they are essential in oil & gas, HVAC, and chemical applications.
Rotary - Butterfly
Butterfly valves contribute nearly 20%, valued for their lightweight design and cost-effectiveness. They are widely used in water treatment, power generation, and HVAC systems.
Rotary - Plug
Plug valves hold about 10%, applied in chemical and petrochemical industries. Their tight shut-off and ability to manage corrosive fluids make them vital in demanding operations.
Control Valves Market, Segmentation by Size Type
The Control Valves Market Has Been Segmented By Size Type into Less than 1”, Between 1” to 6”, Between 6” to 25”, Between 25” to 50” and More than 50”.
Less than 1”
Control valves of less than 1” size account for nearly 15%. They are essential in pharmaceuticals, electronics, and laboratories, where precision and compact design are critical for small-scale fluid control.
Between 1” to 6”
This segment dominates with close to 35% share, widely applied in oil & gas, chemical, and water treatment industries. Valves in this size offer cost-effectiveness and operational efficiency, making them the most common choice.
Between 6” to 25”
Valves sized between 6” to 25” represent about 25% of demand. They are used in power generation, industrial processes, and pipeline systems, offering durability and high flow capacity.
Between 25” to 50”
This category contributes nearly 15%, with usage in petrochemicals, marine, and infrastructure projects. These valves are designed for high-volume operations, ensuring safety and reliability.
More than 50”
Valves above 50” hold around 10%, mainly applied in hydropower, water distribution, and large industrial facilities. They provide massive fluid handling capacity and robust performance in critical systems.
Control Valves Market, Segmentation by End User
The Control Valves Market Has Been Segmented By End User into Oil & Gas, Chemical, Energy & Power, Water & Wastewater, Food & Beverage, Pharmaceutical and Others.
Oil & Gas
Oil & Gas accounts for nearly 30% of the market, used in pipelines, refineries, and LNG facilities. Control valves ensure pressure regulation, flow management, and safe operation across upstream, midstream, and downstream activities.
Chemical
The chemical sector contributes about 20%, requiring valves for reactors, processing units, and corrosive fluid handling. Their durability and precision ensure safe and efficient operations in manufacturing.
Energy & Power
Energy & Power represents close to 15%, with applications in boilers, turbines, and cooling systems. Control valves are vital for safety, efficiency, and load management in power plants.
Water & Wastewater
This segment holds nearly 12%, with demand from treatment plants and distribution systems. Control valves regulate pressure and flow, ensuring sustainable and safe water management.
Food & Beverage
Food & Beverage makes up about 10%, with valves applied in dairies, breweries, and processing plants. They ensure hygienic operations, precise mixing, and temperature control for quality assurance.
Pharmaceutical
Pharmaceutical industries account for nearly 8%, using valves in sterile fluid handling, bioprocessing, and formulation systems. Their precision and clean operation ensure compliance with strict quality standards.
Others
Others contribute around 5%, including marine, mining, and industrial machinery. Valves in this segment deliver durability and reliable flow management under demanding operating conditions.
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 & Africa and Latin America.
Regions and Countries Analyzed in this Report
Control Valves Market Share (%), by Geographical Region
The global control valves market can be segmented by geography into five major regions: North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
North America
North America holds nearly 33% of the market, driven by oil & gas, power generation, and water treatment industries. Advanced infrastructure and leading manufacturers contribute to steady regional growth.
Europe
Europe contributes about 27%, supported by energy efficiency regulations and emission control policies. Adoption is strong in chemical, pharmaceutical, and food & beverage sectors.
Asia Pacific
Asia Pacific accounts for nearly 25%, led by rapid industrialization and expansion of power plants, manufacturing, and water infrastructure. Growing automation adoption makes it the fastest-growing region.
Middle East & Africa
Middle East & Africa represent close to 8%, with applications in oil & gas, refining, and desalination plants. Rising energy projects are expected to drive demand further.
Latin America
Latin America contributes around 7%, supported by oil & gas, mining, and water utilities. Infrastructure modernization projects are boosting adoption of control valves in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Control Valves Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
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 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
- Other Valve Types
- 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 & Gas
- Chemical
- Petrochemical & Fertilizer
- Energy & Power
- Water & Waste-Water Treatment
- Metal & Mining
- Food & Beverage
- Pharmaceutical
- Pulp & Paper
- Other Industries
- 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