Synopsis
The global market for Control Valves (Regulating Valves) was estimated to be worth US$ 7224 million in 2024 and is forecast to a readjusted size of US$ 10280 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.
A control valve, also known as a regulating valve, is a final control element in industrial automation process control systems. It is used to regulate and control process parameters such as flow rate, pressure, temperature, and liquid level by receiving control signals from a regulating control unit and adjusting the flow of media through an actuator. The actuator operates the valve based on the control signals to adjust the process parameters.
The global control valve market is experiencing steady growth, driven by the increasing demand for automation and process control technologies. Key industries such as chemicals, power, oil and gas, metallurgy, and HVAC are witnessing significant demand for control valves.
Pneumatic control valves lead the market, accounting for 51% of the total share. Their reliability, fast response, and low maintenance cost make them the preferred choice in many industries. Electric and hydraulic control valves also play a role in industries requiring higher precision and control.
The chemical industry is a major application market for control valves, accounting for 31% of the global market. Control valves are essential in this industry due to the need for precise control of flow, pressure, and temperature. Other industries such as oil and gas, metallurgy, and power also present strong demand for control valves to ensure safety, reliability, and efficient production.
Asia-Pacific is the largest consumer market, accounting for 46% of the global market revenue. The rapid industrialization in countries like China and India is fueling demand for control valves, especially in the chemical, oil and gas, and power sectors.
Market Drivers
The growth of the control valve market is driven by several factors. Advancements in automation and process control technology are key drivers. As automation levels rise, especially in industries like petrochemical, chemical, metallurgy, and power, the demand for control valves is growing. Control valves are critical components in ensuring accurate regulation of process variables in automated systems.
The acceleration of globalization and industrialization is boosting the demand for control valves. Emerging economies, especially in Asia-Pacific, are undergoing rapid industrialization, leading to higher demand for control valves in industries such as chemicals, oil and gas, and power generation.
Continuous improvements in valve and actuator technologies are contributing to market expansion. With enhanced performance in terms of reliability, response time, and precision, control valves are meeting the needs of more complex industrial processes. Pneumatic control valves, in particular, have become the preferred choice due to their efficiency and cost-effectiveness.
Market Restraints
Despite strong market potential, there are challenges in the control valve industry. Fluctuations in raw material prices can impact production costs. Control valves require high-quality materials for critical components like valve bodies and actuators, and price volatility in raw materials can directly affect production costs.
Competition is becoming increasingly fierce as more manufacturers enter the market. Both established and local manufacturers are offering competitive prices and services, which could squeeze profit margins. Companies need to continuously innovate and improve their offerings to remain competitive.
Moreover, stricter global environmental regulations are putting pressure on manufacturers to meet higher environmental standards, particularly in industries like petrochemicals and power generation. Meeting these requirements will increase R&D and production costs.
Conclusion
Control valves are vital components in industrial automation processes, and their demand is increasing globally. As automation and industrialization continue to expand, particularly in Asia-Pacific, the control valve market is set for sustained growth.
However, challenges such as intense competition, raw material cost fluctuations, and regulatory pressures will shape the market’s development. Manufacturers need to enhance product performance, optimize production processes, and address environmental concerns to maintain competitiveness in the market.
The control valve industry will continue to evolve, with innovation and market positioning playing key roles in its long-term growth as a fundamental part of global industrial automation.
This report aims to provide a comprehensive presentation of the global market for Control Valves (Regulating Valves), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Control Valves (Regulating Valves) by region & country, by Type, and by Application.
The Control Valves (Regulating Valves) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Control Valves (Regulating Valves).
Market Segmentation
By Company
Emerson
Wuzhong Instrument
Nihon KOSO
Flowserve
Cameron (Schlumberger)
Valmet
Johnson Controls
Baker Hughes
SAMSON
Chongqing Chuanyi
Wuxi Smart Auto-Control
GEMÜ
Christian Burkert
Shanghai Datong
Zhejiang Sanfang Control Valve
Sichuan Hualin Automatic Control Technology
Zhejiang Linuo Flow Control Technology
Xuzhou Arca Control Valve
Spirax Sarco
ARCA Regler GmbH
Segment by Type
Pneumatic Control Valves
Electric Control Valves
Other Types
Segment by Application
Chemical
Power
Oil and Gas
Metallurgy
HVAC
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Control Valves (Regulating Valves) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Control Valves (Regulating Valves) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Control Valves (Regulating Valves) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request