Manufacturing Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Pipe Valves
Overview
Market size
$24.5B
global, USD
CAGR
5.2%
base to forecast
Buyer power
-2.1
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$31.6B
What changed
Demand by region
Asia Pacific demand40%
North America demand25%
Europe demand20%
Rest of world demand15%
share of global demandtotal 100%
Cost drivers
Raw Materials (Steel, Iron, and Alloys)45%
Direct Labor and Precision Machining25%
Manufacturing Overhead and Energy15%
Logistics and Freight Freight15%
share of delivered cost (analyst estimate)