MRO Components, Consumables & Tooling · Indirect
Monitoring · monthlyProcurement Category Intelligence
Process Valves - Globe
Overview
Market size
$4.8B
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
3 high severity
Market outlook
2031$5.9B
What changed
Demand by region
North America demand36%
Asia Pacific demand24%
Europe demand22%
Latin America demand12%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Raw Materials (Steel, Alloys, Cast Iron)45%
Direct Labor & Precision Machining25%
Manufacturing Overhead & Energy15%
Testing, Compliance & Certifications10%
Logistics & Packaging5%
share of delivered cost (analyst estimate)