Product Code: GVR-4-68040-822-7
North America Industrial Valves Market Summary
The North America industrial valves market size was estimated at USD 20.14 billion in 2024 and is projected to reach USD 30.11 billion by 2033, growing at a CAGR of 4.7% from 2025 to 2033, driven by the sustained growth of the oil and gas and petrochemical sectors. Increasing exploration, production, and refining activities in the United States and Canada necessitate reliable and high-performance valves to manage the flow of oil, gas, and chemical products.
The demand for advanced control, safety, and pressure-regulating valves is particularly high in upstream, midstream, and downstream operations. Investments in modern infrastructure and plant expansions are further fueling the need for durable and efficient valve solutions across the region.
Technological advancements and the increasing adoption of automation in industrial processes are accelerating market growth. Smart valves equipped with sensors, actuators, and real-time monitoring systems improve process control, reduce downtime, and enhance operational safety. Industries such as chemical processing, water treatment, and pharmaceuticals are investing in automated valve systems to optimize production efficiency. These innovations also drive demand for high-precision and digitally integrated valve solutions across North American facilities.
Regulatory compliance and stringent safety standards are significant factors driving demand for industrial valves in North America. Standards set by organizations such as ASME, API, and ANSI ensure that valves meet strict performance, reliability, and safety criteria. Industries are increasingly prioritizing certified and durable valves to prevent operational failures and mitigate environmental risks. Compliance with environmental and workplace safety regulations encourages the adoption of advanced, high-quality valve solutions, further expanding the market across diverse industrial sectors.
North America Industrial Valves Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the North America industrial valves market report based on product, application, and country:
- Product Outlook (Revenue, USD Million, 2021 - 2033)
- Gate Valve
- Globe Valve
- Ball Valve
- Butterfly Valve
- Safety Valve
- Plug Vave
- Others
- Application Outlook (Revenue, USD Million, 2021 - 2033)
- Aerospace and Defense
- Automotive
- Oil & Gas
- Chemical
- Energy & Power
- Water & Wastewater
- Pulp & Paper
- Food & Beverage
- Other Applications
- Country Outlook (Revenue, USD Million, 2021 - 2033)
- North America
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. North America Industrial Valves Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Global Industrial Valves Market
- 3.2. Industry Value Chain Analysis
- 3.2.1. Manufacturing trends
- 3.2.2. Sales Channel Analysis
- 3.3. Technological Overview
- 3.4. Regulatory Framework
- 3.4.1. Analyst Perspective
- 3.4.2. Regulations & Standards
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Opportunities
- 3.5.4. Industry Challenges
- 3.6. Business Environmental Tools Analysis: North America Industrial Valves market
- 3.6.1. Porter's Five Forces Analysis
- 3.6.1.1. Bargaining Power of Suppliers
- 3.6.1.2. Bargaining Power of Buyers
- 3.6.1.3. Threat of Substitution
- 3.6.1.4. Threat of New Entrants
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTLE Analysis, by SWOT
- 3.6.2.1. Political Landscape
- 3.6.2.2. Economic Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Environmental Landscape
- 3.6.2.6. Legal Landscape
- 3.7. Market Disruption Analysis
Chapter 4. North America Industrial Valves Market: Product Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2024 & 2033
- 4.3. North America Industrial Valves Market Estimates & Forecast, By Product 2021 - 2033 (USD Million)
- 4.4. Gate Valve
- 4.4.1. North America Gate Valve Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 4.5. Glove Valve
- 4.5.1. North America Globe Valve Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 4.6. Ball Valve
- 4.6.1. North America Ball Valve Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 4.7. Butterfly Valve
- 4.7.1. North America Butterfly Valve Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 4.8. Safety Valve
- 4.8.1. North America Safety Valve Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 4.9. Plug Valve
- 4.9.1. North America Plug Valve Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 4.10. Others
- 4.10.1. North America Industrial Valves Market Estimates And Forecasts, by Others, 2021 - 2033 (USD Million)
Chapter 5. North America Industrial Valves Market: Application Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2024 & 2033
- 5.3. North America Industrial Valves Market Estimates & Forecast, By Application 2021 - 2033 (USD Million)
- 5.4. Aerospace and Defense
- 5.4.1. North America Industrial Valves Market Estimates And Forecasts, for Aerospace and Defense, 2021 - 2033 (USD Million)
- 5.5. Automotive
- 5.5.1. North America Industrial Valves Market Estimates And Forecasts, for Automotive, 2021 - 2033 (USD Million)
- 5.6. Oil & Gas
- 5.6.1. North America Industrial Valves Market Estimates And Forecasts, for Oil & Gas, 2021 - 2033 (USD Million)
- 5.7. Chemical
- 5.7.1. North America Industrial Valves Market Estimates And Forecasts, for Chemical, 2021 - 2033 (USD Million)
- 5.8. Energy & Power
- 5.8.1. North America Industrial Valves Market Estimates And Forecasts, for Energy & Power, 2021 - 2033 (USD Million)
- 5.9. Water & Wastewater
- 5.9.1. North America Industrial Valves Market Estimates And Forecasts, for Water & Wastewater, 2021 - 2033 (USD Million)
- 5.10. Pulp & Paper
- 5.10.1. North America Industrial Valves Market Estimates And Forecasts, for Pulp & Paper, 2021 - 2033 (USD Million)
- 5.11. Food & Beverage
- 5.11.1. North America Industrial Valves Market Estimates And Forecasts, for Food & Beverage, 2021 - 2033 (USD Million)
- 5.12. Other Applications
- 5.12.1. North America Industrial Valves Market Estimates And Forecasts, for Other Applications, 2021 - 2033 (USD Million)
Chapter 6. North America Industrial Valves Market: Country Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2024 & 2033
- 6.3. North America
- 6.3.1. North America Industrial Valves Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.2. North America Industrial Valves Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.3.3. North America Industrial Valves Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. U.S. Industrial Valves Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.4.2. U.S. Industrial Valves Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.3.4.3. U.S. Industrial Valves Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Canada Industrial Valves Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.5.2. Canada Industrial Valves Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.3.5.3. Canada Industrial Valves Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Mexico Industrial Valves Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.6.2. Mexico Industrial Valves Market Estimates & Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.3.6.3. Mexico Industrial Valves Market Estimates & Forecasts, By Application, 2021 - 2033 (USD Million)
Chapter 7. Supplier Intelligence
- 7.1. Kraljic Matrix
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
- 7.6. List of Raw Material Supplier
Chapter 8. Competitive Landscape
- 8.1. Key Players, their Recent Developments, and their Impact on Industry
- 8.2. Competition Categorization
- 8.3. Company Market Position Analysis
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping, 2024
- 8.6. Company Listing
- 8.6.1. Emerson Electric Co.
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Flowserve Corporation
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Crane Co.
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Velan Inc.
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. CIRCOR International, Inc.
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Schlumberger Limited
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Mueller Water Products, Inc.
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Kitz Corporation
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Curtiss-Wright Corporation
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives