Oil & Gas Valves Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Valves in Oil and Gas Market is segmented by Valve Type ( Ball, butterfly, Gate/Globe/Check and control valves), and Geography.

Oil & Gas Valves Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Valves in Oil and Gas Market Size

valves in the oil and gas industry market
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 3.20 %
Fastest Growing Market Asia-Pacific
Largest Market Middle East and Africa
Market Concentration Medium

Major Players

valves in the oil and gas industry market size

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Global Valves in Oil and Gas Industry Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Valves in Oil and Gas Market Analysis

The Global Valves in Oil and Gas Industry Market is expected to register a CAGR of 3.2% during the forecast period.

  • The growth of the valves market is driven by factors such as the increasing need for wireless/remote infrastructure to monitor equipment in various plants, along with an augmented focus on technology advancements propelling the application of smart valves, especially in the industrial sector. Major industries such as oil and gas are moving toward valve technology with embedded processors and networking capability to work alongside sophisticated monitoring technology coordinated through a central control station.
  • Moreover, major countries in the Middle East have increased focus on the renovation of existing refineries and also the expansion of their oil refineries to meet the growing demand for crude oil. This is expected to result in increased investments in the pipeline and infrastructural development, which is expected to augment the demand for valves over the forecast period.
  • The new valves designed in the market for the oil and gas industry comply with ASME and ASTM material standards for chemical strength across the globe. In addition, the valves also comply with ASME B1.20.1, ASME B16.11, and ASME B16.34, which are accepted across the globe. The standards ensure the quality and longevity of the valves life for the Oil and Gas industries.
  • However, one of the major challenges for valves is the availability of alternate valves. For instance, globe, butterfly, and check valves are considered alternatives to gate valves as these valves control and regulate the flow of gasses by also handling high temperatures.
  • Additionally, according to the International Energy Agency (IEA), in the OECD countries, the oil price was reduced by 40.6% from March to April 2020, nurturing concerns for oil and gas firms. Therefore, during the spread of COVID-19, companies in the oil and gas sector started experimenting with contemporary technologies and industrial automation to increase efficiency and revenue. This brought a positive impact on the market studied during the pandemic.

Valves in Oil and Gas Industry Overview

The global Valves in the Oil and Gas Industry Market are moderately fragmented due to many valve market players. Factors such as industrial automation and the advent of integrated Industry 4.0 with rising oil and gas projects to expand the production capacity worldwide are providing considerable growth opportunities to valve manufacturing industries.

  • In November 2021, Dixon announced the launch of the new B5017 series butterfly valve for the oil and gas industry and other industries. The new series consists of valves with Vertical Canister Actuation, pull handle clamp end, and pull handle weld end.

Valves in Oil and Gas Market Leaders

  1. Emerson Electric Co.

  2. Danfoss A/S

  3. Dwyer Instruments LTD

  4. Schlumberger Limited

  5. Flowserve Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Emerson Electric Co., Schlumberger Limited, Alfa Laval Corporate AB,  Flowserve Corporation,  Crane Co., Rotork Plc, Metso Oyj, KITZ Corporation
Need More Details on Market Players and Competiters?
Download PDF

Valves in Oil and Gas Market News

  • In May 2022, Webstone, a brand of NIBCO, announced the launch of ball valves with reversible handles, elbows, and couplings. The product that is available in the press ball valve with bleeder and reversible handle and large Pro-Pal Union Ball that are of sizes 1 1/4' and 1 1/2') in FIP, sweat, and press.

Valves in Oil and Gas Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Intensity of Competitive Rivalry
    • 4.2.5 Threat of Substitutes
  • 4.3 Assessment of the Impact of COVID-19 on the Industry

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing projects in Oil and Gas Projects across the World
  • 5.2 Market Challenges
    • 5.2.1 Growing projects on Green Energy

6. MARKET SEGMENTATION

  • 6.1 By Valve
    • 6.1.1 Ball Valve
    • 6.1.2 Butterfly Valve
    • 6.1.3 Gate/Globe/Check Valve
    • 6.1.4 Control Valve
  • 6.2 By Geography
    • 6.2.1 North America
    • 6.2.2 Europe
    • 6.2.3 Asia
    • 6.2.4 Latin America
    • 6.2.5 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Emerson Electric Co.
    • 7.1.2 Schlumberger Limited
    • 7.1.3 Alfa Laval Corporate AB
    • 7.1.4 Flowserve Corporation
    • 7.1.5 Crane Co.
    • 7.1.6 Rotork Plc
    • 7.1.7 Metso Oyj
    • 7.1.8 KITZ Corporation
    • 7.1.9 IMI Critical Engineering
    • 7.1.10 Samson Controls Inc.
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Valves in Oil and Gas Industry Segmentation

Valves are mechanical devices that open, close, or partially obstruct passageways to regulate the flow of liquid or gas within a system. The valves are also used to isolate, control and protect the equipment used in the oil and gas industries. Additionally, the valves direct and guide the refining of the crude oil.

The scope of the study focuses on the market analysis of Valves for Oil and gas industry across the globe, and market sizing encompasses the revenue generated through valves sold by various market players to Oil and gas industry. The study also tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period. 

By Valve Ball Valve
Butterfly Valve
Gate/Globe/Check Valve
Control Valve
By Geography North America
Europe
Asia
Latin America
Middle East and Africa
Need A Different Region or Segment?
Customize Now

Valves in Oil and Gas Market Research FAQs

What is the current Global Valves in Oil and Gas Industry Market size?

The Global Valves in Oil and Gas Industry Market is projected to register a CAGR of 3.2% during the forecast period (2025-2030)

Who are the key players in Global Valves in Oil and Gas Industry Market?

Emerson Electric Co., Danfoss A/S, Dwyer Instruments LTD, Schlumberger Limited and Flowserve Corporation are the major companies operating in the Global Valves in Oil and Gas Industry Market.

Which is the fastest growing region in Global Valves in Oil and Gas Industry Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Valves in Oil and Gas Industry Market?

In 2025, the Middle East and Africa accounts for the largest market share in Global Valves in Oil and Gas Industry Market.

What years does this Global Valves in Oil and Gas Industry Market cover?

The report covers the Global Valves in Oil and Gas Industry Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Valves in Oil and Gas Industry Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Valves in Oil and Gas Industry Report

Statistics for the 2025 Global Valves in Oil and Gas Industry market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Valves in Oil and Gas Industry analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.