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Middle East Industrial Valve Market Share

Report ID: GMI10590
Published Date: Aug 2024
Report Format: PDF

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Middle East Industrial Valve Market Share

Middle East Industrial Valve Company Market Share Analysis, 2023

The Middle East Industrial Valve industry is consolidated, with major regional companies operating in the middle East. Together these companies hold a market share of 25%-26% of the total market. In 2023, companies in the Middle East industrial valve industry view the region as a dynamic and high-potential market driven by substantial infrastructure development and extensive investments in the oil and gas sector. These companies recognize the region's need for robust, reliable, and technologically advanced valve solutions to support its expanding industrial base, including power generation, water and wastewater treatment, and petrochemical industries.

Middle East Industrial Valve Market Companies

Major players operating in the Middle East industrial valve industry are:

AVK Holding A/S
Church & Dwight
Colgate-Palmolive Company
Emerson Electric Co.
Flowserve Corporation
Honeywell International Inc.
IMI plc
KSB SE & Co. KGaA
Metso Corporation
Panasonic Corporation
Philips Corporation
SAMSON Controls Inc.
Schlumberger Limited
The Procter & Gamble Company
Velan Inc.
Weir Group plc

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of Middle East industrial valve was worth over USD 2.6 billion in 2023 and is expected to register 6.3% CAGR from 2024 to 2032, owing to a surge in infrastructure development and government investments in the region.

Middle East industrial valve industry from the check valves segment held 19.6% share in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to their ability to allow fluid flow in one direction while preventing backflow.

Middle East industrial valve industry from the actuators segment held 46.8% share in 2023 and is expected to register a commendable CAGR from 2024 to 2032, due to a growing demand for high-quality, durable valve components that can withstand harsh environmental conditions.

Honeywell International Inc., IMI plc , KSB SE & Co. KGaA, Metso Corporation, Panasonic Corporation, Philips Corporation, SAMSON Controls Inc., Schlumberger Limited, The Procter & Gamble Company, Velan Inc., and Weir Group plc, are some of the major industrial valve companies from Middle East.