09,22,2026 27 views
Control valves can be subdivided into markets based on valve design types (globe valves, ball valves, butterfly valves, angle valves, diaphragm valves, others), end-user industries (oil and gas, chemical, energy and power, pharmaceutical, food and beverage, other end-user industries), and regions.
In 2020, the market size of control valves was 10.12 billion US dollars, and it is expected to reach 12.19 billion US dollars by 2026, with a compound annual growth rate of 3.67% during the reporting period from 2021 to 2026. During this period, investment in pipeline and infrastructure development is expected to stimulate market demand for control valves.
Major industries such as oil and gas and pharmaceuticals are moving towards valve technology with embedded processors and Internet capabilities, so as to complete the collaborative work of complex monitoring technologies through the coordination of central control stations.
In addition, due to the rapid growth in the number of solar power plants, the promotion of renewable energy projects has expanded the application areas of control valves.
The expansion of the US power infrastructure and the supply of natural gas are expected to lead to the construction of multiple combined cycle gas turbine (CCGT) new plants, and correspondingly drive the demand for control valves to increase during the reporting period.
Partial subdivisionmarket trend
The pharmaceutical industry occupies the main market
The advancement of sensor and valve technology enables pharmaceutical companies to reduce total equipment ownership costs and maximize productionNormal operating time and reduced maintenance costs to enhance manufacturing capabilities.
The actuator head of the control valve can rotate 360 ° to achieve flexible installation and optimize the alignment of the intake port. This in turn reduces the overall installation cost of new and existing projects, and optimizes the integration of actuators in the manufacturing process of compact valve arrays.
The new technologies adopted by pharmaceutical companies help the control valve industry develop and launch new components, which, together with sterile valves, bring high-level control, complete and accurate valve status.
AsiaSignificant growth in the Pacific region
The continuously growing population has accelerated the urbanization process, and the expanding middle class population in the Asia Pacific region has driven demand for oil and gas, electricity, and chemical industries, such as in China, India, Japan, and other emerging countries and regions in the region.
In addition, the rapid industrialization and continuous development of the transportation sector in these countries and regions are expected to increase the demand for oil and gas. The demand for drinking water for China's growing population has also driven the construction of seawater desalination plants, further stimulating the demand for control valves. Waste and wastewater management is also a huge market driving the demand for control valves.
