Delray Beach, FL, July 01, 2025 (GLOBE NEWSWIRE) — The report “Control Valve Market by Material (Stainless Steel, Cast Iron, Cryogenic, Alloy Based), Component(Actuators, Valve Body), Size, Type(Rotary & Linear), Industry (Oil & Gas, Water & Wastewater, Energy & Power, Chemicals) and Region – Global Forecast to 2029″ The Control Valve market in the US is projected to grow from USD 1.75 billion in 2024 to USD 2.30 billion by 2029, it is expected to grow at a CAGR of 5.7% from 2024 to 2029.
The US market is fuelled by its strong industrial base, particularly in oil and gas and energy. Rising shale oil discoveries and increasing rig counts are driving demand in the oil and gas sector, while modernization of aging water infrastructure and the reshoring of chemical manufacturing, supported by low energy costs, further accelerate market expansion.
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List of Players in the Control Valve Industry:
- Emerson Electric Co. (US),
- Flowserve Corporation (US),
- Curtiss-Wright Corporation (US),
- SLB (US),
- Spirax Sarco Limited (US),
- Crane Company (US), and Others.
US Control Valve Market Segmentation:
Actuator Component to hold a significant market share in the year 2023.
The actuator component is expected to hold a significant share of the US control valve market, driven by the increasing adoption of automation and smart control systems across industries. Actuators play a critical role in ensuring precise valve operation, enhancing process efficiency, and improving safety in sectors such as oil & gas, chemicals, and power generation. The growing shift toward electric and pneumatic actuators, due to their energy efficiency …