MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Process Valves - Gate
Overview
Market size
$6
global, USD
CAGR
4.1%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$7
What changed
Demand by region
North America demand44%
Asia-Pacific demand32%
Europe demand15%
Rest of world demand9%
share of global demandtotal 100%
Cost drivers
Raw Materials (Steel, Iron, and Alloys)45%
Direct Labor and Machining20%
Finishing, Seals, and Componentry15%
Energy and Plant Overhead12%
Logistics and Transport8%
share of delivered cost (analyst estimate)