Manufacturing Components

Pipe Valves: Market Size, Growth & Forecast to 2030

The Pipe Valves market is valued at about $92.5 billion (2026) and is projected to grow at a 4.6% CAGR through 2030. The largest cost driver is Raw Materials (Steel, Iron, and Alloys) (45% of spend). Asia Pacific leads demand at 40%.

Market size
$92.5 bn (2026)
CAGR to 2030
+4.6%
Buyer power
Favours buyers
Tracked suppliers
150

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.6% CAGR.

1251171081001002026104.62027109.42028114.42029119.72030125.22031

Cost structure

Raw Materials (Steel, Iron, and Alloys)
45%
Direct Labor and Precision Machining
25%
Manufacturing Overhead and Energy
15%
Logistics and Freight Freight
15%

Regional demand split

Asia Pacific demand
40%
North America demand
25%
Europe demand
20%
Rest of world demand
15%

Key suppliers

Emerson Electric Co.Flowserve CorporationKITZ CorporationCrane Co.KSB SE and Co. KGaAVelan Inc.
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/pipe-valves