Report ID : 1367027 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Stainless Steel Globe Valves Market is categorized based on Material Type (Carbon Steel, Stainless Steel, Alloy Steel, Plastic, Others) and End-Use Industry (Oil & Gas, Water & Wastewater, Chemical, Power Generation, Food & Beverage) and Valve Size (Small (up to 2 inches), Medium (2 to 6 inches), Large (6 to 12 inches), Extra Large (above 12 inches), Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the Stainless Steel Globe Valves Market size was USD 1.2 billion and is projected to grow to USD 1.8 billion by 2033, registering a CAGR of 4.3% from 2024 to 2033. This report includes multiple segments and provides an analysis of key trends and factors playing a substantial role in the market.
Globally, the globe valves industry has been flourishing tremendously due to an increase in regulating flow across various industrial processes and events. As the globe valves market size grows, these valves remain a fundamental part in fluid control systems owing to their high durability, resistance to corrosion, and ability to withstand high temperatures and pressures. Stainess steel globe valves are used extensively in oil and gas, water treatment, and chemical manufacturing industries that focus on efficiency or safety which increases the use of such vital components.
The market’s development has also been stimulated by recent years' increased investment in infrastructure and the branding of automation in manufacturing systems. The comprehensive scope of stainless steel globe valves together with valve technology upgrades makes them appealing for companies interested in improving their operational hegemony. As industries focus more on being green and improving efficiency, there will be fantastic chances for innovation and development in the market for stainless steel globe valves for various industries.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Emerson Electric Co., MRC Global Inc., Flowserve Corporation, Kitz Corporation, Pentair PLC, Crane Co., Valmet Corporation, Honeywell International Inc., Schneider Electric SE, Metso Corporation, AVK Holding A/S |
SEGMENTS COVERED |
By Material Type - Carbon Steel, Stainless Steel, Alloy Steel, Plastic, Others By End-Use Industry - Oil & Gas, Water & Wastewater, Chemical, Power Generation, Food & Beverage By Valve Size - Small (up to 2 inches), Medium (2 to 6 inches), Large (6 to 12 inches), Extra Large (above 12 inches), Others By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Stainless Steel Globe Valves Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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