Learn about the global metal valves market through the business research company, which provides information on metal valves market size, metal valves market drivers and restraints, metal valves market players, the COVID-19 impact on the metal valves market, and more.  

The global metal valves market is expected to grow from $229.08 billion in 2020 to $261.57 billion in 2021 at a compound annual growth rate (CAGR) of 14.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $343.33 billion in 2025 at a CAGR of 7%.

Rapid advances in wireless technology and miniaturization (which refers to designing smaller components for equipment) is expected to drive innovation in metal valve manufacturing, thus driving the market during the forecast period.

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The metal valves market consists of sales of metal valves by entities (organizations, sole traders or partnerships) that produce industrial valves, fluid power valves and hose fittings, plumbing fixture fittings and trim, and/or other metal valves and pipe fittings.

Global Metal Valves Market Segments Include:

By Type: Industrial Valves, Fluid Power Valve And Hose Fitting, Plumbing Fixture Fitting And Trim, Other Metal Valve And Pipe Fitting

By End User Industry: Chemicals, Marine, Construction, Mining, Oil & Gas, Others

By Product: Pressure Reducing Valves, Safety/Relief Valves, Control Valves, Globe Valves, Plug Valves, Gate Valves, Ball Valves, Butterfly Valves, Diaphragm Valves, Other Valves

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global metal valves market, accounting for 38% of the market in 2020.

Many metal valve manufacturing companies are using robotics and automation to improve plant efficiency and productivity. Sensors are being used in various machines to access invaluable data for improving efficiencies and reduce potential breakdowns.

TBRC’s metal valves market report covers:

Major Market Players: Crane, Mueller Water Products, The AVK Group, Emerson Electric Co, Parker Hannifin.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Metal Valves Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides metal valves market overviews, analyses and forecasts market size, share, metal valves market players, metal valves market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s metal valves market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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 Metal And Mineral Manufacturing Global Market Report 2020

Metal And Mineral Global Market Report 2021

Metal Products Global Market Report 2021

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