Top Companies in the Industrial Valves Market

The global industrial valves market size reached US$ 73.7 Billion in 2023. Industrial valves are devices designed to regulate the flow and pressure of liquids, gases, slurries, and fluids in a piping system. They are manufactured using carbon steel, cast iron, stainless steel, and high-functioning metal alloys to improve flow control. They comprise the main body, stem, and seat made from polymers, rubber, and metals to prevent leakage. They aid in stopping the flow rate through the pipe whenever required, preventing flow return to the pressurized side, and protecting equipment against overpressure hazards. As a result, industrial valves are widely used across numerous industries, including water and wastewater, oil and power, food and beverage, and chemicals.

As per the analysis by IMARC Group, the top companies in the industrial valves industry are focusing on introducing smart valves with intelligent control systems. They are also adopting diagnostics in industrial valves to help monitor the upstream and downstream flow rate, pressure stem position, and temperature. Additionally, the leading manufacturers are integrating industrial valves with embedded processors and network capability for subsea oil and gas to improve the reliability and responsiveness of the systems. They are also utilizing the Industrial Internet of Things (IIoT) in industrial valves to reduce unplanned downtime due to valve failure, monitor valve health remotely, and lower maintenance and shutdown costs. Other factors, including the advent of Industry 4.0, rising automation in industrial valves, technological advancements, and extensive research and development (R&D) activities, are also anticipated to propel the market growth. Looking forward, IMARC Group expects the market to reach US$ 128.6 Billion by 2032, exhibiting a growth rate (CAGR) of 6.2% during 2024-2032.

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List of Top Industrial Valves Companies Worldwide:

AVK Holding A/S

Establishment: 1941
Headquarters: Galten, Denmark
Website: https://www.avkvalves.com/en 

AVK Holding A/S produces valves, hydrants, and accessories for the water and gas distribution network, wastewater treatment, and fire protection. It is a privately owned industrial group that currently comprises 100+ companies. The Group is divided into three primary business units: AVK Water, AVK Industrial, and AVK Advanced Manufacturing. While AVK Water offers an extensive range of valves, hydrants, and accessories, AVK Industrial provides valve solutions for power generation, air separation, oil & gas, marine, pulp and paper, mining, and chemical industries. On the other hand, AVK Advanced Manufacturing supplies rubber, plastic, and metal components to companies within the AVK Group and external customers in several industries, including food, transport, and wind energy. The company operates in over 37 countries across Europe, the Middle East, North and South America, Australia, Asia, and Africa.

Cameron International Corporation (Schlumberger Limited)

Establishment: 1920
Headquarters: Texas, the United States
Website: https://www.slb.com/companies/cameron 

Cameron International Corporation is a leading provider of flow equipment products, services, and systems worldwide to oil, gas, and process industries. In 2016, the company was acquired by Schlumberger Limited. It offers the industry’s most complete portfolio of drilling and production systems backed by control software, system integration, instrumentation, and data processing expertise. Its main products include wellhead systems, valves, rig equipment, pressure control, fracturing and flow back equipment and services, measurement, and safety systems. The five operating segments of Cameron work with industry experts spanning various markets and applications to create innovative flow control technologies that energize the world.

Crane Holdings, Co.

Establishment: 1855
Headquarters: Connecticut, the United States
Website: https://www.craneco.com/ 

Crane Holdings, Co. is a leading manufacturer of highly engineered industrial products. It provides products and solutions for various general industrial and consumer applications and customers across numerous end markets, including aerospace, defense, chemical and petrochemical, water and wastewater, payment automation, and banknote security and production. The company operates via four business segments: Aerospace & Electronics, Process Flow Technologies, Payment & Merchandising Technologies, and Engineered Materials. Its broad product portfolio comprises valves, pumps, lined pipes, fittings, hoses, instrumentation and controls, fiberglass reinforced plastic (FRP), coin, bill, and electronic payment solutions, vending equipment, wireless communications technology, and aviation solutions. Currently, Crane employs approximately 11,000 people in the Americas, Europe, the Middle East, Asia, and Australia.

Emerson Electric Co.

Establishment: 1890
Headquarters: Missouri, the United States
Website: https://www.emerson.com/en-in 

Emerson Electric Co. is the global technology, software, and engineering powerhouse driving innovation that makes the world smarter, healthier, safer, and more sustainable. The company has two core business platforms - Automation Solutions and Commercial & Residential Solutions. The automation solutions business boasts an industry-leading portfolio of products, software, and services, such as automation & control software, valves, actuators, & regulators, operations management software, measurement & instrumentation, electrical components & lighting, control & safety systems, and advanced industry software. Its commercial & residential solutions business offers solutions in heating, ventilation, air conditioning and refrigeration (HVACR), professional tools, cold chain monitoring, and food waste management.

Flowserve Corporation

Establishment: 1997
Headquarter: Texas, the United States
Website: https://www.flowserve.com/en/ 

Flowserve Corporation is one of the largest manufacturers of pumps, valves, and seals across the globe. It produces and services fluid motion control solutions for critical applications and sells more than 100 distinct pump models. It offers the world’s most comprehensive portfolio of fluid motion and control products, including pumps, seals, valves, actuation and instrumentation, energy recovery devices, and hydraulic decoking systems, that help plants overcome the toughest flow control challenges. Currently, Flowserve has around 16,000 employees, operations in more than 50 countries, and 200+ facilities globally, including over 180 quick-response centers that provide aftermarket parts and services to customers.

Forbes Marshall Pvt. Ltd.

Establishment: 1926
Headquarters: Maharashtra, India
Website: https://www.forbesmarshall.com/ 

Forbes Marshall Pvt. Ltd. is a leading provider of energy and automation solutions for the process industry worldwide through innovative and differentiated offerings. It specializes in products and services for steam efficiency, process optimization, and control and monitoring. Its extensive product portfolio comprises boilers, steam systems, industrial control valves, process analytics, control systems, vibration monitoring, air efficiency, flow level, emission monitoring, gauges, groundwater monitoring, digital solutions, and services. Presently, the company owns and operates 37 offices, six manufacturing units, and 18 distribution centers across the globe.

IMI Plc

Establishment: 1862
Headquarters: Birmingham, the United Kingdom
Website: https://www.imiplc.com/ 

IMI Plc is a specialist engineering company that designs, manufactures, and services highly engineered products that control the precise movement of fluids. It operates through three divisions: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. Under the precision engineering business, it develops motion and fluid control technologies for applications requiring precision, speed, and reliability. Its critical engineering division offers highly specialized valves and actuators to control the flow of steam, gas, and liquids in harsh environments. On the other hand, its hydronic engineering segment supplies hydronic distribution systems. Its broad product portfolio includes air preparation products, pressure switches, fittings, valves, vacuum motion solutions, precise and accurate syringes, syringe pumps, systems for dust filters, and rotary valves. Currently, IMI employs around 10,000 people in over 50 countries globally.

Kitz Corporation

Establishment: 1951
Headquarters: Chiba, Japan
Website: https://www.kitz.com/english/ 

Kitz Corporation is a Japan-based company engaged in the manufacturing and selling of valves, flow control devices, and other related products. It operates through three business segments, including the valve manufacturing business, the brass bar manufacturing business, and others. Under the valve manufacturing business, the company sells valves, fittings, water purifiers, and industrial filters, all of which are devices used to control fluids. On the other hand, the brass bar manufacturing business offers brass bars, brass valves, and other fabricated products (cut and forged brass). At present, Kitz has production and sales bases in Asia, Europe, North America, and the Middle East.

Neway Valves (Suzhou) Co. Ltd.

Establishment: 1997
Headquarters: Jiangsu, China
Website: http://www.newayvalve.com/ 

Neway Valves (Suzhou) Co. Ltd. designs, manufactures, and sells industrial valves worldwide. It specializes in the development of innovative flow control solutions. Besides this, it also offers a wide variety of valves, ranging from the gate, globe, check, ball, butterfly, nuclear, and subsea, to control, safety valve & wellhead equipment. The company has established five fully-owned subsidiaries and operates its own R&D center, three foundries, and high-end assembling & testing plant.

Samson AG

Establishment: 1907
Headquarters: Frankfurt, Germany
Website: https://www.samsongroup.com/en/ 

Samson AG is a German corporation specializing in control valve engineering and offers products and systems to control all kinds of media. Its main products are valves, self-operated regulators, actuators, valve accessories, signal converters, automation systems, sensors and thermostats, and digital solutions. Currently, the company employs around 4,500 people worldwide and operates in over 80 countries.

Velan Inc.

Establishment: 1950
Headquarters: Montreal, Canada
Website: https://www.velan.com/en/ 

Velan Inc. is a global leader in the design and manufacturing of valves that provide superior performance across all major industrial applications. It offers a wide range of cast and forged steel gates, globe, check, ball, triple offset, bellows seal, highly engineered severe service valves, and steam traps. With over 1,600 employees globally, the company owns and operates 12 production facilities in North America, Europe, and Asia.

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the industrial valves industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:          

• Market Research           
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• Plant Expansion           
• Marketing and sales           
• Procurement and Distribution           
• Innovation and Product Development