Top Industrial Valves Companies

The global Industrial Valve market is expected to be USD 95.58 billion in 2024 and is projected to reach USD 121.67 billion by 2029; it is expected to register a CAGR of 4.9% during the forecast period. The growing production of healthcare devices, increasing R&D investments in the pharma field, and the development of new plants and refurbishment of older pslants are expected to foster the growth of the industrial valves market.

Innovation and technological advancement have proven to be two strong strategies in the industrial valve market that have ridden the waves of market expansion and partnerships. Companies are developing smart valves with the added benefit of IoT to bring efficiency and predictability as part of maintenance, focusing on sustainability by making their designs and material usage eco-friendly. Businesses are also venturing into geographies by spreading across emerging markets to tap into the growing demand for valves, which can be achieved through local manufacture and sale. Besides the strategic collaborations and acquisitions, combined resources and technologies can be used by companies to face the dynamic, increasingly competitive environment, thereby making them more competitive and offering better products.

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Major Industrial Valve companies include:

• Emerson Electric Co. (US)
• SLB (US)
• Flowserve Corporation (US)
• IMI (UK)
• Crane Company

Emerson Electric Co. (US), SLB (US), Flowserve Corporation (US), IMI (UK), Valmet (Finland), Spirax Sarco Limited (UK), Crane Company (US), Kitz Corporation (Japan), KSB SE & CO. KGAA (Germany), Alfa Laval (Sweden), Curtiss-Wright Corporation (US), Parker Hannifin Corporation (US), Bray international (US), Baker Hughes Company (US), IDEX Corporation (US) are some of the key players in the smart manufacturing market.

Emerson Electric Co.

Emerson Electric Co. manufactures and develops process control systems, valves, and analytical instruments. It delivers products and services to industrial, commercial, and consumer markets. The player operates through two business segments: Intelligent Devices and Software and control. The Intelligent devices is further segmented into Measurement & Analytical, Final Control, Discrete Automation, and Safety and Productivity. The Software and control are further segmented into Aspentech and control systems & Software. The company provides Industrial valves through the Intelligent Device segment.

The company offers different types of Industrial valves, such as globe valves, angle valves, segmented ball valves, three-way valves, ball valves, eccentric plug valves, high-performance butterfly valves, and severe service control valves for several applications in industries such as automotive, chemicals, food & beverages, oil & gas, power generation, pulp & paper, and water & wastewater treatment by providing maintenance services, reliability services, performance services, and educational services.

Emerson provides customers with complete lifecycle management of their valve assets. The company aims to offer differentiated connected valves to gain an edge in the market. It uses additive manufacturing technology to create innovative valve designs and solutions.

Flowserve Corporation

The Flowserve Corporation designs develops, and manufactures precision-engineered flow control equipment. They play a critical role in controlling, moving, and protecting material flow associated with critical processes across some industries such as chemical, oil & gas, water management, and power generation. The company offers a comprehensive portfolio of products that include valves, pumps, and seals, as well as automation and aftermarket services directed at global infrastructure industries. The company operates in two business segments: the Flowserve Pump Division (FPD) and the Flow Control Division (FCD). Under the FCD segment, the company designs, manufactures, and distributes a broad portfolio of flow control solutions, including industrial and engineered valves, actuators, control and isolation valves, automation systems, controls, and related equipment. The FCD divisions produce products in 19 manufacturing facilities: five in North America, one in Latin America, five in Asia Pacific, and eight in Europe. The company offers the FCD division products under different brand names: Worcester, Durco, Valtek, Argus, and Limitorque. Flowserve Corporation operates at over 300 locations worldwide, including over 180 quick-response centers that provide aftermarket parts and services to customers in countries such as China, France, Japan, and Spain. Its offerings in the market are diversified, with over 100 flagship valves, actuation, and instrumentation products helping its customers achieve world-class valve performance.

SLB

SLB (Schlumberger Limited) provides technology and services to the global energy industry. The company operates through four segments: Digital & Integration, Reservoir Performance, Production Systems, and Well Construction.

The player offers industrial valves and services under the Production Systems segment. Ons Subsea. Surface Systems, Drilling Systems, and Valves & Measurement are the product lines of industrial valves. Under the Production Systems segment, the company provides a comprehensive portfolio of equipment and services, including midstream production systems and subsea and surface equipment services. The Valves & Measurement product line serves some upstream, midstream, and downstream market segments. It provides valve products and measurement systems primarily used to control, direct, and measure the flow of oil and gas as they are moved from wellheads through flow lines, gathering lines, and transmission systems to refineries, petrochemical plants, and industrial centers for processing.

Schlumberger Limited acquired Cameron International Corporation (US) in April 2016. With the acquisition, Schlumberger Limited's reservoir and well technology were integrated with Cameron's wellhead, surface equipment, and processing technology necessary for pore-to-pipeline products and services offered to the global oil & gas sector. Through this acquisition, Schlumberger Limited has developed a broad portfolio of ASME and API valves that services the demands of global drilling, production, pipeline, storage, transmission, and critical service applications..

IMI

IMI is one of the leading engineering companies involved in the designing, manufacturing, and servicing of highly engineered products that control the precise movement of fluids. The innovative valve and actuator technologies enable vital processes to operate safely, cleanly, efficiently, and cost-effectively. The player's global supply chain spans over 20 countries, which include the United States, United Kingdom, and China, where plants are located.

IMI operates through three significant business segments: IMI Precision Engineering, IMI Critical Engineering, and IMI Hydronic Engineering. In the IMI Critical Engineering sector, the firm designs, manufactures, and sells niche valves and actuators as flow control products to assist numerous energy and process industries in running their operations securely and reliably. The company provides products that help control steam, gases, and liquids for highly demanding application environments and are manufactured to sustain extraordinary pressures and temperatures. IMI  sells its product brands under many brand names such as IMI Bopp & Reuther, IMI Fluid Kinetics, IMI TH Jansen, IMI Remosa, IMI Orton, Maxseal, and IMI Zikesch. These brands serve power, oil & gas, petrochemical, and other industries.

The portfolio includes several proven technology platforms, including BTG, ABJ, DRAG, Zikesch, and IMI Bopp & Reuther. These technologies allow its customers to balance the ease of installation against noise reduction, reliability, and control. The company operates in over 50 countries, including the US, China, the UK, and Germany.

Crane Company

Crane Company is a manufacturer and provider of highly engineered industrial products. The company operates through three business segments: Aerospace & Electronics, Process Flow Technologies, and Payment & Merchandising Technologies. The company provides valve-through process flow technologies.

In the second quarter of FY 2021, the company renamed its 'Fluid Handling' segment 'Process Flow Technologies. Under the Process Flow Technologies segment, it provides industrial fluid control products and systems, including valves, pumps, lined pipes, and instrumentation tools to meet the requirements of many sectors, such as chemical, oil & gas, non-residential construction, municipal infrastructure, general industrial, and power. The process valves and products the company offers for sale are sold under the following trademarks: Crane, Saunders, Xomox, Krombach, REVO, Jenkins, Flowseal, ELRO, and Resistoflex. The subsidiary of Crane Co., Crane Nuclear sells valves, valve diagnostics, and training to the nuclear industry. Acquisitions target businesses that complement the current portfolio; new products are developed to create up-and-coming potential in the industrial valves market. The company is well geographically represented worldwide, with significant end markets in the US, Canada, and the UK.

Related Reports:

Industrial Valve Market - Globe, Ball, Butterfly, Plug, Check, Gate, Diaphragm, Safety, Needle, Pinch, & Solenoid Valve, Fluid (Liquid, Gas, Slurry), Actuator (Electric, Pneumatic, Hydraulic), Material (Steel, Aluminum, Nickel) - Global Forecast to 2029

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