Industrial Valve Market to Reach $147.19 Billion by 2032 as Asia Pacific Leads at 35.1%
Updated
Updated · PR Newswire · Jun 1
Industrial Valve Market to Reach $147.19 Billion by 2032 as Asia Pacific Leads at 35.1%
1 articles · Updated · PR Newswire · Jun 1
$147.19 billion is the projected size of the industrial valve market in 2032, up from $108.36 billion in 2026, implying a 5.2% annual growth rate.
Demand is being driven by investment in oil and gas production, pipelines, chemical processing, power generation, and water and wastewater systems, alongside wider use of automated and smart valve technologies.
Linear valves held the larger 2025 share at 61% and are also forecast to grow fastest, while 1-inch to 6-inch valves are expected to command the biggest size segment with a 33% share in 2032.
Asia Pacific accounted for 35.1% of the market in 2025 and is forecast to post the fastest regional growth at 5.7%, supported by industrial expansion and infrastructure spending across China, India, Japan, South Korea, and Southeast Asia.
Water and wastewater treatment is expected to record the highest end-market growth through 2032, even as oil and gas, energy and power, and chemicals remain the largest demand bases.